QQQ opened near 596 this morning and immediately swept below the 594 support zone, printing a low of 591.87 before rotating back toward 600. That is a textbook liquidity sweep. The market knew exactly where the stops were sitting. It went down, grabbed them, and reversed. Classic armed robbery. The key question now is whether price can reclaim 606 to 609. Until that happens, this is still a bounce inside a lower high structure. We stay patient and let the market confirm. NOW LET’S LOOK AT SPY. SPY opened near 675, just below the 675.88 support level. It dropped to a low of 669.66, stopped out the weak longs, then fought its way back above support. Session high came in at 677.86. Structure is still broken. Bears have pressure on. But bulls showed up and defended the level. That matters. Context you need: today’s selloff is not random. The U.S. Iran conflict is the headline. Oil is spiking. The Nasdaq is down over 2%. Markets hate uncertainty and right now there is a lot of it. This is exactly why we do not press buttons based on emotion. Breathe. Look at the levels. The market is recalibrating, not collapsing. Volatility is information. Discipline is the edge. Wait for the close before making any moves. — Aziz | EagleTrade

This market is shaky and I'm not going to pretend otherwise. So instead of chasing the names running hot right now, I went defensive. 1- WMT. Walmart. Here's the trade: WMT Call Strike: $135 Expiration: September 2026 Premium: $8.65 This is a pullback buy off the 20 SMA. WMT hit an all-time high of $134.69 on February 17 and has since pulled back. The stock is currently sitting around $127.95. There is resistance at $129.58 — if it breaks through that level cleanly, I see us making our way back to all-time highs and beyond. Why WMT right now? When the market gets uncertain, consumers don't stop spending — they spend smarter. Walmart is where that money goes. This is the perfect environment for this name. September gives us time. Time is our edge. 2- AU — AngloGold Ashanti. Here's the trade:AU Call Strike: $140 Expiration: July 17, 2026 (long-dated for time edge and reduced theta pressure) Premium: ~$12.10 (your entry at average cost $12.00; confirm live bid/ask as it fluctuates—current chain shows similar long-dated calls in that range) This is a pullback buy near support levels after AU pushed to a recent high around $129+ (intraday peaks hitting new territory in early 2026). Stock is currently trading around $126.58-$128 area (down ~0.9% today but holding firm). It's consolidating after the breakout, with potential resistance ahead near $129-130—if we see a clean push through on volume (gold staying elevated helps), path opens to $140+ and beyond as miners catch the commodity wave. Why AU right now? Gold prices are hovering strong (~$5,300+/oz), driving mining leverage. In uncertain markets, gold acts as a hedge, and AU's diversified operations (Africa, Australia, Americas) plus solid fundamentals make it a quality play when volatility spikes or macro worries hit. This long July 2026 expiration gives us breathing room—time decay is minimal compared to short-dated, letting the thesis develop. No play is 100%. Position size responsibly (1-2% risk max, defined by debit), set your stops (e.g., below breakeven $152 or recent lows if invalidates), and honor them. Manage greed and fear—don't add if it gaps against.

Welcome back, EagleTrade family. We're stepping into March with a market that's talking loud and testing everybody's conviction. The noise is real. The opportunity is also real. Let's break it down so you walk into this week with clarity, not confusion. THE BIG PICTURE I'm not going to sugarcoat it. The market is under pressure right now. The S&P 500 dropped to around 6,810 today, losing 1% from Friday's close, and over the past month it's down 1.55%. We're sitting below that critical 6,900 pivot the market has been wrestling with all February. Here's what's creating the turbulence: military strikes over the weekend effectively closed the Strait of Hormuz, adding serious geopolitical pressure on top of an already fragile backdrop for equities. On top of that, we got a hotter than expected wholesale inflation print last week, and the Nasdaq 100 remains below its 100-day moving average, which has become near-term resistance. The index tried to break above it twice this month and got rejected both times. The financial buffet is still open. But right now, some dishes aren't ready. Know which ones to skip. WHAT'S ON THE CALENDAR This week is loaded. Here's what matters. ADP Employment Report (Wednesday) — Private sector jobs data. First look at the labor market for February. This sets the tone heading into Friday. Jobless Claims (Thursday) — A pulse check on layoffs. Initial claims have remained subdued, which is one of the bright spots in the data right now. Watch for any surprises. Nonfarm Payrolls (Friday, March 6) — The big one. Economists are looking for about 60,000 jobs added in February, with the unemployment rate holding steady at 4.3%. This number will either calm the market or pour gasoline on it. The market needs it to walk a fine line — not too hot to hurt the rate outlook, not too cold to add to fears of a deteriorating labor market. Key Earnings This Week — Broadcom (AVGO) reports Thursday. Following strong results from Nvidia last week, Wall Street is looking for Broadcom to report around $19.1 billion in revenue. Also watch CrowdStrike (CRWD), Costco (COST), and Marvell Technology (MRVL).

EagleTrade family, welcome to March. February closed with the market showing its hand. The numbers confirmed what we've been saying for weeks. If you've been following the rotation, you already know where we stand. If you haven't — this week is your opportunity to get aligned. The Big Picture The S&P 500 closed Friday at 6,878. Still up less than 1% on the year. On the surface, that looks like nothing. But beneath that flat number, one of the most significant rotations in recent market history is playing out — analysts are calling the sector dispersion we're seeing a 99th percentile historical event. Here's the translation: the index is being held back by the same companies that carried it in 2024. The Magnificent Seven have stalled. Nvidia beat earnings and still dropped over 5% the following session. The Information Technology sector is down nearly 4% year-to-date. The AI trade isn't dead — but the market is no longer paying a premium for potential. It wants proof. Meanwhile, Energy, Industrials, Materials, and Consumer Staples are leading. These aren't speculative bets on the future. They're real businesses generating real cash flow, and institutional money has been moving into them steadily since January. QQQ closed at $607, sitting well below its all-time high of $635 from October. The Nasdaq is under pressure. The Dow — less tech-heavy — has held up significantly better. The financial buffet is fully stocked. The hot dishes this quarter are just in a different section than they were last year. What's On The Calendar Two reports this week that demand your attention. ISM Manufacturing PMI — Monday. Forecast: 53.0. Any reading above 50 signals expansion. This is a leading indicator for economic health — pay particular attention to the Prices Paid sub-index (inflation signal) and the Employment sub-index (labor market signal). A strong number reinforces the case for industrials. A miss could give tech a temporary reprieve. Nonfarm Payrolls — Friday. This is the week's main event. Forecast: 79,000 jobs added. Unemployment expected at 4.2%. For context — last month came in at 130,000. The market is pricing in a meaningful slowdown in hiring. If the number misses significantly, expect volatility across the board. If it comes in strong, rate cut expectations get pushed further out and yields move higher.

Let’s look for an exit on MNST. Although the thesis is still valid, the contracts barely moved in the last 3 weeks. There are other plays we can deploy the cash on. You should be at break even or slightly in profit. $5.50~ $5.70