Maria Dobre
Chief Operating Officer
$TSLA is weaker for a second consecutive day. News of unionization and Oklahoma sales ban seem to be affecting it so far. $860 needs to hold.
The pullback in the $QQQ has so far been controlled as we are holding above $348. Dips can be bought versus this levels if it holds.
$AAPL is once again above all the moving averages. See if it holds above $167.85 to keep upper momentum in the whole sector.
Selling at the open was a good strategy as indices are struggling to hold on to early gains. We picked up some $FB versus the morning low as it shows good relative strength.
Russian foreign minister said Moscow is ready to discuss security guarantees with Ukraine + Powell’s dovish comments led to an impressive bounce off lows. Make sure to trim into strength.
Trimmed some $TSLA and $AAPL, keeping trailers. $AMZN turned green, see if it gets a push once the Q&A for Powell finishes.
Powell said he favors a 0.25 increase in rate, which led to a relief rally. Bought back some $TSLA and $AAPL versus the LOD. See if it holds
$TSLA broke below $853 and looks vulnerable once again. See if the $QQQ hold $339.
Back to neutral. Remember to honor your stops as bears are pushing prices lower for now.
$BTCUSD got rejected at the first “kiss” of $45k and dropped quickly
First reaction to Powell’s speech is a short drop in indices. See if the morning lows are reclaimed.
If you followed our Morning Game Plan recommendation $DWAC is $100+. Make sure to trim some.
Reopening stocks have a strong bid, with $JETS and $NCLH up more than 3%.
$AMZN and $NFLX are weaker this morning. See if they play some catchup later in the session.
Strong start for equities. With $TSLA and $AMD leading the pack we bought some $AMD and $COIN, given Bitcoin’s strength. See the first reaction after Powell’s speech.
Watch levels, not TV sets!
If you don’t feel comfortable stay out of the way, and try small positions in stocks you know very well using technical analysis. Watch levels not TV sets.
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