An abbreviated Update this weekend to cover the three salient market opportunities of 2021. TSLA If price can get back into the weekly channel (weekly close >$750), that's the trigger for a slew of new long term calls. Price breaking back down below $600 says the low for the retracement from January's $885 high is not yet in. If price runs up from here, we will pay a little more for those 2022-2023 calls, if price dips we will pick them up for a lot less. In either case, WE WILL BE LONG TSLA 2022-23 CALLS at some point in the next few months, the earlier the better. Bitcoin Biding time waiting for the breakout above $60K-$62K-$65K. Once above mid-$60's, expect a moonshot to triple digits. That's when buying MARA, RIOT an MSTR calls will come into play. The Big Picture New highs in Dow and S&P are not accompanied by news highs in Nasdaq and Russell 2000. They all can't be right. If the Russell is a leading indicator (it usually is at major turns) then next week it will reverse after hitting Fib retracement of 61.8%, taking the other indices down with it.
