Interesting, interesting indeed.
Alright, let's dive in.
Good morning, good morning, everybody. 05/03
SPY 0.00%↑ is soaring way up, up 55. It's surpassed $5100. You've got $5120, $5152, considerably up. On the downside, if we start to dip, watch for $5100, $5081, and then $5050.
AVGO 0.00%↑ is looking better, hitting $1281, $1300, $1310.
NVDA 0.00%↑ needs $888. We're seeing $872, $888, $909.
LRCX 0.00%↑ is at $921, $952.
BKNG 0.00%↑ , could it hit $3800? Possibly. Then we see.
AMZN 0.00%↑ at $186, $188. Underneath, keep an eye on $181.
AAPL 0.00%↑ , $189, $192. Below, watch for $181.
PANW 0.00%↑ , NET 0.00%↑ missed. All showing as negatives. $196, $301. Keep an eye below $188.
MELI 0.00%↑ has made a nice upward move, but it's become pricey. $1600, $1652.
CVNA 0.00%↑ could spike at $122.
ARM 0.00%↑ is improving at $103, $109.
GS 0.00%↑ is surging at $436, $441.
MSTR 0.00%↑ is aiming for $1200. $1251 is a significant number.
COIN 0.00%↑ is showing improvement. If the news on Coinbase is that good, instead of making under $4 for the year, they made $4 in one quarter, it should be around $250. Then we see, then we see.
META 0.00%↑ is unplayable in the four- to six-week rule.
$NASDAQ at $17,750, $17,900.
SMCI 0.00%↑ at $809, $852, with a downside of 700.
NOW 0.00%↑ at $709, $751.
TSLA 0.00%↑ at $183, $186.
That's what we know. That's what we know. $SPX is surging. Impressive move on the $5100. The $5150s are still too high. Then we see. The news is good today, folks. Let's see how it all plays out.
Everybody, have a great trading day. See you in chat.
REFER 3 FRIENDS TO JOIN OUR “SMARTERTRADING411” COMMUNITY BELOW 👇 TO GET 100% FREE 3 MONTHS PAID SUBSCRIPTION TO OUR PAID NEWSLETTERS AND EXCLUSIVE PRIVATE CHAT VIA SLACK.
Disclaimer: This newsletter is not trading or investment advice but for general informational purposes only. This newsletter represents my personal opinions which I am sharing publicly as my personal blog. Futures, stocks, and bonds trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. So be very careful. I guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators, and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC, or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. By reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are courtesy of Ninja Trader, FinViz, Think or Swim, and/or Jigsaw. I am just an end user with no affiliations with them. Information and quotes shared in this blog can be 100% wrong. Markets are risky and can go to 0 at any time. Furthermore, you will not share or copy any content in this blog as it is the authors’ IP. By reading this blog, you accept these terms of conditions and acknowledge I am sharing this blog as my personal trading journal, nothing more. Me, “TRADING101” and this newsletter is not affiliated with Samir Parikh, SmarterTrading411.com, or with the SP Executive Services LLC., whatsoever.
Daily Plan 05.03.24