$SPY reaching resistance? I sold $PLTR - 11-16-23 Market Update

I sold out of $PLTR and plan on buying it back lower. I think it might pop to $25, but I'm locking in profits in my trades that don't have an anticipated catalyst.  Best thing about this Black Friday sale - There's a monthly payment offer along with a yearly offer  TRENDSPIDER BLACK FRIDAY SALE - up to 82% off (limited time) Sign up at link ⁠⁠⁠⁠⁠⁠⁠https://trendspider.com?_go=gary93⁠⁠⁠⁠⁠⁠ Email me at ⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠ I’ll send you the welcome letter that includes all the algorithms, watchlists and scanners that you see me use each and every day. Get $50 off a year of Seeking Alpha.  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.sahg6dtr.com/2L9M597/R74QP/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TESLA referral -Use my referral link to buy a Tesla and get up to $500 off and 3 months of Full Self-Driving Capability.  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tesla.com/referral/gary82526⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Social Links and more - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://linktr.ee/dailystockpick ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FREE NEWSLETTER WITH CHARTS - subscribe at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠dailystockpick.substack.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ SPONSORED BY VISIBLE - Check out this page: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.visible.com/get/?3P8FJPM⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  $20 off your first month - only $5 for the first month Sign up for Webull and get free stocks like I did - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠https://a.webull.com/gzxte9iTQnfaDYFDjM⁠⁠ Get AT&T Fiber at your home - I have 1GB service ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.att.com/referral/code/?ref=TVY-3964⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ NOTES My editor screwed up and I uploaded a blank podcast by accident early yesterday - Thanks Mike for letting me know. It took me about 20 minutes to fix the error. But thank you for Mike for being the first to let me know. Reach out to me and I’ll give you a free 3 month subscription to my newsletter if you would like.  First time we hit 4500 on S&P was Aug 2021 and we went to highs in Nov 2021 and then down from there so this level might have some resistance  ⁠https://share.trendspider.com/chart/SPY/189461c5ovz⁠ ⁠Fair Value of QCLN - Bard found the NAV (net asset value) is $39.19⁠ Sold out of $pltr ⁠$msft released copilot details and new chips - $nvda $amd down on that news ⁠ ⁠$m up 7% on the back of $tgt and then got an earnings pop as inventories and margins improved ⁠ $shop identified they used copilot to write 10,000 lines of new code  $mara over $10 again … you can sell if you’re taking profits  ⁠$nflx ⁠ $csco earnings - crazy bad guidance - buy this one on weakness - initial reaction down to $46 - get it under $48 $panw earnings - beat but gave weak guidance on billing - being impacted by the cost of money - still think you can hold to $250 $wmt beat but guidance below estimates so stock pulled back  $baba earnings  ⁠$TSLA bounced off the gap ⁠ ⁠All these stocks hit new 52 week highs at some point today⁠ Microsoft $MSFT Amazon $AMZN Facebook $META Costco $COST Broadcom $AVGO CrowdStrike $CRWD Palantir $PLTR Walmart $WMT Intel $INTC Lululemon $LULU DraftKings $DKNG Doordash $DASH Digital Realty $DLR Expedia $EXPE Fair Isaac $FICO Intuit $INTU Gartner $IT Micron $MU ServiceNow $NOW $NRG Netease $NTES Pinduoduo $PDD Ferrari $RACE Synopsys $SNPS Toll Brothers $TOL Vertiv $VRT Zscaler $ZS $cat bounce  Social requests  SCANS $JNJ $PFE $EQT $CHRD $MRO $UVXY $XLU $UPST $CRSP $SMMT - this was a huge insider buy from June  $FUBO $WBA ⁠$DLTR - could it fill the gap?⁠ $WBD $DUK $CVS ⁠$SCHW - I told folks $51 was a really good price