7/19/25 Best Idea For The Week Ahead

The SPY wrapped up another sideways week, three in a row now, that’s just natural when you’re this extended from the 21 week which is still below 600. As I said the last 2 weeks, this is the most extended we’ve been from that in 7 years so either it catches up as we flatten out or we’re going lower but we don’t spend alot of time very deviated from that key average. Overall with opex out of the way now I’d expect some sort of rotation from the names that have done very well like NVDA,PLTR and HOOD to some laggards like say AMZN or GOOG. That doesn’t mean NVDA or HOOD will crash just that it isn’t likely that lead us for the quarter ahead again, they’ve run so hot, NVDA for instance is up nearly 100% since the April lows, considering it is the world’s largest company that is a remarkable move. The NYSI also crossed over bearish yesterday for the first time in a few months, again, doesn’t mean major crash, just that there likely is weakness ahead, how much? Nobody knows but caution is warranted.

This week’s best idea is probably what you thought it was watching all those put sales I logged on it these last few weeks, no it wasn’t SMCI. This one is a large cap and I really do not recall a big name like this seeing that many put sales of such size in such a short timeframe. It definitely caught my eye and we’re going to look at a put spread you can sell for hopefully an easy 1 month trade.