Is There Life After Nvidia? What’s on Tap May 30 – June 2
Welcome to your weekly trading preview! Before we get started, check out:Coming Wednedsay: Inner Circle’s David Prince on Conversations With a Pro TraderSave 40% with T3’s Memorial Day SaleUse the Table of Contents to jump around: Table of Contents This Week’s Trading CalendarWeek Review: Nvidia Dominates!Jobs Data Is on the WayEarnings: Life After Nvidia?AI: The […]
Continue Reading -->Coffee With Greta: Stubborn Inflation
Register now for my free Q&A with David Prince next week on LinkedIn! DJIA Futures: +9 (+0.03%) SPX Futures: +1 (+0.02%) NASDAQ Futures: +23 (+0.2%) Good morning friends! Futures are flat as traders digest the latest inflation data and monitor progress in debt ceiling talks. Let’s get right to it! PCE Inflation Hotter Than Expected […]
Continue Reading -->Coffee With Greta: Nvidia Surprise
DJIA Futures: -25 (-0.1%) SPX Futures: +35 (+0.8%) NASDAQ Futures: +306 (+2.2%) Good morning friends! Futures are mixed as tech stocks rally after Nvidia’s blowout earnings report. Let’s get right to it! Nvidia Skyrockets Nvidia (NVDA) shares are surging 29.0% ahead of the open after crushing Q1 expectations and hiking its Q2 guidance. Here’s how […]
Continue Reading -->Coffee With Greta: Debt Ceiling Drag
DJIA Futures: -115 (-0.4%) SPX Futures: -18 (-0.4%) NASDAQ Futures: -76 (-0.6%) Good morning friends! Futures are falling as traders continue to monitor ongoing debt ceiling talks in Washington. Let’s get right to it! Debt Ceiling Drag Negotiators are expected to meet again today for talks on a debt ceiling deal. The meeting comes after […]
Continue Reading -->How to Use the Square of 9 for Profitable Day Trading
UPST has been part of the Tech Catch-Up Trade that went vertical in May. On Tuesday on the Hit And Run Private Twitter Feed we flagged 30 as resistance on UPST. 30 is 360 degrees up from the 12 low struck on May 3rd. UPST hit 29.99 in the first 30 minutes on Tuesday dropping […]
Continue Reading -->Coffee With Greta: Waiting For A Deal
DJIA Futures: -51 (-0.2%) SPX Futures: -9 (-0.2%) NASDAQ Futures: -46 (-0.3%) Good morning friends! Futures are slipping as traders remain on edge over debt ceiling negotiations. Let’s get right to it! Still No Debt Ceiling Deal There is still no deal to raise the debt ceiling after President Biden met with House Speaker Kevin […]
Continue Reading -->Why Wall Street Is Wrong
“God does not play dice with the universe.” -Albert Einstein At the end of 2021, Wall Street’s biggest firms divulged their outlooks for 2022. Goldman Sachs predicted the S&P 500 would hit 5100 by years end. BMO Capital predicted 5300. Wells Fargo chimed in with a forecast of 5300. Instead, stocks plunged nearly 30% within […]
Continue Reading -->Coffee With Greta: Debt Ceiling Drama
DJIA Futures: +37 (+0.1%) SPX Futures: +4 (+0.1%) NASDAQ Futures: +5 (+0.04%) Good morning friends! Futures are flat as traders remain on edge over debt ceiling negotiations. Let’s get right to it! Debt Ceiling Talks To Continue President Biden and House Speaker Kevin McCarthy are set to meet at the White House today to resume […]
Continue Reading -->Micron Banned in China – So I’m Watching These Levels
SPY cleared $412.87 to see $420.72 Friday. We did well trading for that. Now we’ll see how it tries to digest above $417.35 or if it hits $415 which must hold. QQQ: tech will get tested today after China banned MU memory chips. See how this affects other semi names like AMD and NVDA. See how AAPL handles the early morning weakness. $335.43 […]
Continue Reading -->Welcome to Nvidia Week! What’s on Tap May 22-26
Welcome to your weekly trading preview! Before we get started, check out:Coming Soon: Derrick Oldensmith on Conversations With a Pro TraderSave 40% with T3’s Memorial Day Sale T3’s Inner Circle Community – where you want to be if you trade NvidiaUse the Table of Contents to jump around: Table of Contents Nvidia Week! This Week’s Trading CalendarTech […]
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