6/6 Recap

Today felt like a slow session, not much was going on before tomorrow morning where we have some big data. This week has seen 2 central banks, Canada yesterday and the ECB today cut rates. Now all the pressure is on the fed to do the same soon, the market is back to looking great with the SPY well over the 8 ema now. It really just depends how the data comes in tomorrow morning. The trend is your friend and for now it looks very good but things can change in a second but as long as stay over that 21 ema, the light blue line, the coast is clear for you to stay long. It is interesting how strong the market is today with our leader NVDA down 3% today bringing down alot of the recently hot AI names with it.

Recent Trades

PYPL - I highlighted this one monday and in yesterday’s recap I noted how it was the top trending name recently with a flurry of calls being bought and sure enough it was up 5.4% now. This was a good example of various ways to use all this data, even if you didn’t want to follow all these Paypal calls in 2026 as they kept loading them, just simply buying shares led to a quick move higher. The trends are just designed to see what names are seeing the most action.

Trends

1 Week

2 Week

1 Month

Today’s Unusual Options Activity

Here is today’s link to the database, it will expire monday at the open, just in case I have to be out tomorrow. I will have the rest of today’s action updated by tonight hopefully.