Market Plan for February 2nd, 2024

The bull has awoken...

Good evening folks,

It was a jaw-dropping session as the market rallied over 60 points intraday and another 20 points in the aftermarket with earnings. We broke through all-time highs, making a high of 4937 from a low of 4849 this morning.

In the High-Roller Room, we went long at the beginning of the day and held until the end of the day, making dozens of points.

What shall we make of this unusual squeeze? Should we fade it or buy it? Here’s my plan: