Tech Stocks Surge; Bitcoin Slides Amid Market Buzz
More tech blowouts as a Jensen Huang plug sends $MRVL screaming higher. Not to be outdone $HPE follows $DELL as a big flier. $GOOGL with a massive raise sends shares lower and Bitcoin loses the 70k shelf as its relative decline not getting any slower. $SMCI - $AMD partnership announced at Computex, has a continuation really into 50, a failed break can get see 47 for the dip buy $IBIT - Playing the short til its not game after now 70k breaks down. if it breaks back over early will wait for 40 level, otherwise the vwap continuation in play again... $NOK - Long continuation as its gapped over highs, 16.40-50 dip and rip $INTC - Still favoring short after yesterdays gap down hold 113 support as resistance, same levels 110-11 first then 113 if it gets there The party continues even if the market is flat. Plenty moving so join in live https://t.co/GIc9oZwXdS
Space IPO Hype Fuels Rally Amid Oil Dip
Oil gapping down despite US strikes on hopes of a deal. The rally in space stocks continues as the approaching SpaceX IPO gets more and more real. Chips stay ahead of the game as $MRVL reports tomorrow after the bell....
US Economic Data Signals Slight Slowdown Across Sectors
Economic Calendar for Thurs May 21 8:30am - Building permits (prelim) for April: Expected 1.383M; Prior 1.363M - Initial jobless claims: Expected 210k; Prior 211k - Housing starts for April: Expected 1.419M; Prior 1.521M - Philly Fed manufacturing index for May: Expected 12; Prior 26.7 9:45 - S&P composite...
Target $IBIT Longs at 45‑45.25 Amid Crypto Rally
The rally in crypto yesterday was intense, the start zone looks good for a base for longs. Want to favor longs in $IBIT into that 45-45.25. But if cant get there on market weakness will look for vwap....
Volatile Morning: Strong Guidance Yet Broad Market Sell‑off
Between the IPO Euphoria and leaving China without a deal. The temporary top is the early morning market feel. $AMAT quarter and guidance was strong but market still sells, and its $FIG's beat that the is ringing the buyers...
Fed Speakers Dominate Thursday Amid Soft Retail Data
Economic Calendar for Thurs. May 14 8:30am - Retail sales m/m for April: Expected 0.5%; Prior 1.7% - Initial jobless claims: Expected 205k; Prior 200k - Import prices m/m for April: Expected 1%; Prior 0.8% - Export prices m/m for April: Expected 1.1%; Prior 1.6% 10:00 - Business inventories m/m...
April Home Sales Set to Rise, 3‑yr Notes Steady
Economic Calendar for Mon. May 11 10:00am - Existing home sales for April: Expected $4.05M; Prior $3.98M 1:00pm - 3 year Note Auction: Prior 3.897%
Missed SL
$SLV didnt get the 68.50 bid when it came in so joined VWAP for the trend. Join where you can when its going https://t.co/SQ5G4CG2EU
May 6: ADP Dip and Three Fed Speeches
Economic Calendar for Wed. May 6th 8:15am - ADP employment change for April: Expected -$66B; Prior -$140.5B 9:30 - Fed’s Musalem speaks 1:00pm - Fed’s Goolsbee speaks 1:30 - Fed’s Hammack speaks
Factory Orders Rise 0.4% as Fed’s Williams Speaks
Economic Calendar for Mon. May 4th 10:00am - Factory orders m/m for March: Expected 0.4%; Prior 0% 12:50pm - Fed’s Williams speaks
Inflation and Growth Outlook Brightens Ahead of Key Data
Economic Calendar for Thurs. April 30th 8:30am - Core PCE m/m for March: Expected 0.3%; Prior 0.4% - Core PCE y/y for March: Expected 3.2%; Prior 3% - PCE m/m for March: Expected 0.7%; Prior 0.4% - PCE y/y for March: Expected 3.5%; Prior 2.8% - GDP growth rate...
Markets Pressured; GM Shines as Oil Drags
Markets under pressure from multiple fronts, with Open AI missing internal targets and Oil causing the brunt. $GM bucks the trend with strong EPS growth but already starting to sell, while $HOOD and $SBUX await their earnings after the bell. $IBIT...
April PMI Expected Rise; Jobless Claims Slightly Up
Economic Calendar for Thurs. April 23 8:30am - Chicago Fed national activity index for March: Expected -0.13; Prior -0.11 - Initial jobless claims: Expected 210k; Prior 207k 9:45 - S&P composite PMI for April: Expected 50.6; Prior 50.3 - S&P manufacturing PMI for April: Expected 52.5; Prior 52.3 - S&P...
Market Surges as Earnings Beat and Strategic Deals Ignite
Another day another run for all time highs, and if you listen closely you can hear $CAR shorts and their tiny little cries. $AAPL announces Tim Cook's replacement come September, and $UNH gaps higher on earnings with a beat and...
Fed Officials Barkin and Waller Speak Today
Economic Calendar for Fri. April 17 12:15pm - Fed’s Barkin speaks 2:00 - Fed’s Waller speaks