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Will the Market Euphoria Continue, and What Will It Take to Hit New Highs?

by | Jan 4, 2024


The market may be reeling a bit to start the new year, but a breather is to be expected after the run up and general euphoria we experienced the final two months of 2023. 

A new year always brings a lot of projections about what the top stocks will be — I just gave out my own top 5 stocks for 2024! — but is investor optimism getting a little too crazy?

On the other side, even while sentiment is high among the masses, there are still some folks who are scared to dive in. We did experience a bit of a correction not that long ago, and volatility has picked up a bit.  

You’ve likely heard talk of the “Magnificent 7” that have led the way with the biggest gains over the past year that have been propping up the Nasdaq 100 (QQQ)…

  • Apple Inc. (Nasdaq: AAPL). 
  • Alphabet Inc. Classes A/C  (Nasdaq: GOOGL/GOOG).
  • Amazon.com Inc. (Nasdaq: AMZN).
  • Meta Platforms Inc. (Nasdaq: META). 
  • Microsoft Corp. (Nasdaq: MSFT).
  • Nvidia Corp. (Nasdaq: NVDA). 
  • Tesla Inc. (Nasdaq: TSLA).

But there’s been a rotation of late into small caps, banks (which begin reporting earnings next week) and biotechs.

Meanwhile, money market accounts are giving 5% interest right now — safe and easy money!

So when will people start putting that money to work in the stock market? Check out my video up top and let’s take a deep dive in about 5 minutes!

As for the day’s top flow…

Thursday’s Top Order Flow: 

  • CVE Feb24 Strike: 17 Calls premium: $668,422 ABOVE ASK BULLISH
    Trade Date: January 4, 2024 Trade Time: 12:58 pm
  • CCJ Feb24 Strike: 45 Calls premium: $258,820 ABOVE ASK BULLISH
    Trade Date: January 4, 2024 Trade Time: 12:33 pm
  • COIN Jan24 5th Strike: 165 Calls premium: $401,056 ABOVE ASK BULLISH
    Trade Date: January 4, 2024 Trade Time: 10:39 am

Note: If no date is listed after the month, it’s the monthly expiration (third Friday). 

Lance Ippolito Trading Team

Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros. 

You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito 

And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx 

*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 

P.S. You Have to See This New Training Video if You Want to Trade Options Like a Pro  

If you’re trading options and not finding opportunities that can pay you 50% to 100% overnight… 

You should go here and check out this brand-new training video I just did with former market maker Jack Carter.

We explain why the best options traders on earth don’t look at stock charts at all…. 

As you’ll see, they do something completely different…

And in my opinion, it’s much less complicated than trading traditional chart patterns.

But it has the power to identify real opportunities that can pay out in 24 hours or less. 

It’s called “Overnight Options” and it will be available for you to watch for the next few days!

Just Go Here for the Full Rundown

The performances displayed here are historical examples based on scanner signals for the time period shown. The profits and performance shown are not based on any sort of typicality as there are no published alerts associated. We make no future earnings claims, and you may lose money.


WRITTEN BY<br>Lance Ippolito

Lance Ippolito

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