A look back at the start of rally time 10/6

Back on 10/5 I suggested the rally would begin on the open of 10/6 in this post: Rally with the leveraged ETFs.

With the rally still rising and now nearing it’s 20th trading day in an upswing that is racking up profits left and right, if this sounds like the start of a “I told you so”, all I can say to that is you’re right.

I told you so.

In that post I wrote:

So what to buy?

Like the title on this story says it’s easier to play the swings with leveraged ETFs — almost any of them, TQQQ, FNGU, SOXL TECL.

All were on sells and oversold yesterday and all triggered individual buy signals for Wednesday’s open (10/6).

The bull bang for the buck is likely to come with that herd if it comes at all.

Notable stocks giving individual buy signals for tomorrow’s open include AAPL (no rally is going anywhere without it), NVDA, TWTR, GS, EXPI, ADBE (now there’s a stock been down so long it’s been looking like it’d never rally again, and maybe it won’t).

The leveraged ETFs have done what was expected, with all of them up 30% or more, except one, TECL, and it is knocking the 30% door.

And the stocks the same with solid gains, although TWTR after rising 11% fell to a breakeven stop and left the game.

But I want to highlight ADBE in particular because I wrote “now there’s a stock been down so long it’s…