S&P 500 Breakout and More (5/18/23)
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Hey everyone - the big news today is that we finally got a huge move in the S&P 500.
The market seems to want to push higher and this is great for the summer. Smaller stocks like PLTR are also making huge moves meaning that this is the perfect time for us to find some under the radar opportunities.
Keep in mind that Fed Chairman Jerome Powell is speaking tomorrow and he may cause some volatility in the markets but if this holds, I am expecting a move to 430 on SPY.
Our IONQ play from our 15 trades for 2023 is now up to $9 from my alert at $3.45. Huge gains as I warned the quantum computing sector is next after AI!
Since growth stocks are moving, here’s one options idea that I think can be a multi bagger: