Nasdaq 100 Cup n' Handle, QQQ to $190

Saturday Rock Blog: Big Poppa (Q's)

This market is just, wow. Amazing. Seems to be just getting started again. The 1.5 yr pattern on the weekly QQQ chart above targets about $143, which is about 10% higher. Many folks, now convinced the rally is real, want a pullback so they can get in. I see this running away from them, with the rally intensifying. People will start to panic buy and then we'll form a capitulation top. Still not there yet. Watch for several >2% up days in a row. Disclosure: I own QQQ calls. Good luck!

Saturday Rock Blog: Just One Look (Bullish Nasdaq)

The Twitter Top or How the market tanked to celebrate the $25B Twitter IPO

Happy Birthday TWTR!!

Disclosure: I have no position in TWTR, but I wish I had a million shares short from $48 today, holding for $10.