It has been a busy week on Wall Street as off the beaten path names offered great returns while the old dogs paused in search of direction.
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$MSOS
Off the beaten track
Today I am awaiting to see the market direction as it has become a little frothy and now it can go either way – the $VIX went up yesterday.
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- Despite Friday’s weak action in the market, the lows from Thursday have been defended. See if this area holds once again today for clues. Watch the action in semiconductor stocks and crypto for clues! $AMD, $NVDA, $BTCUSD, $ETHUSD
- Short week! Inside day?
- Markets reverse, $NVDA craters and a new Jobs report!
- $NVDA will be the best barometer for today’s action. See if it stays above the yearly lows at $140.55 for clues. A break and close below this area will bring about more sellers. A higher low and possible rally to $150 will likely lift the mood on Wall Street
- With futures down sharply see if we put in a trade-able low in the first 15 minutes. The extreme oversold nature of the market will most likely lead to a snap-back rally. Keep an eye on $NVDA for clues
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$ABNB $AMD $AMZN $ARKK $BABA $BTC $BTCUSD $COIN $CRM $DIS $DWAC $ETHUSD $EURUSD $F $FB $FCEL $GLD $IWM $MBIO $META $MSFt $NCLH $NFLX $NIO $NVDA $PLTR $PYPL $QQQ $RBLX $SLV $SNAP $SPY $SQ $TLRY $TSLA $TWTR $UBER $USO $VIX $XBI $XLF aapl cryptocurrency earnings googl