Thomas Wood

15+ Year Day & Swing Trader of Equities, Options & Futures. I Post Technical Analysis Setups to Watch. Not financial advice #markets #trading #breakout

[Just a Dude Who Invests @DudeWhoInvests]

What stock are you most bullish on long-term?

[Thomas Wood @TradessWithTom]

@DudeWhoInvests $VOO might do the trick.

[Thomas Wood @TradessWithTom]

@SergFolio Gm Gm !

[Thomas Wood @TradessWithTom]

$KSS daily breakout: Next target is pivot high around $17

[Thomas Wood @TradessWithTom]

$AMA also a weekly blow off top. Needs to break below $438 to trigger for a push back to test $400 again:

[Thomas Wood @TradessWithTom]

$TS similar weekly blow off top. Needs to break last weeks low to trigger. Even though volume spike is not as pronounced as
$HPE

[Thomas Wood @TradessWithTom]

$HP potential weekly blow off top... notice the spike in volume with the long topping tail. NEeds to break last weeks low to trigger:

[Thomas Wood @TradessWithTom]

$BIDU potential head and shoulders forming on the weekly chart. Watching for a push below $105.75 Neckline to trigger:

[Thomas Wood @TradessWithTom]

$CVS weekly looks strong + unusual call activity Aug $100 calls. I am long:

[Thomas Wood @TradessWithTom]

$AI retesting broken resistance as support here

[Thomas Wood @TradessWithTom]

$SOXL talk about a parabolic breakout of well defined resistance..

[Investing Addict @InvestingAddict]

I’m starting to think this isn’t a bubble and we’re just living in a modern day Industrial Revolution.

[Thomas Wood @TradessWithTom]

$USAR breakout on the daily today:

[Thomas Wood @TradessWithTom]

$F monthly breakout playing out beautifully. I am still long with next target around $20

[Thomas Wood @TradessWithTom]

$T has a big monthly resistance level above. Watching for the break and hold above $30 to trigger

[Thomas Wood @TradessWithTom]

$CRSR looking pretty pre-market:

[Global Markets Investor @GlobalMktObserv]

‼️The wealthiest Americans have never dominated consumer spending to this extent:

The top 10% of US earners now account for a record 49% of all consumer spending, up +13 percentage points over the last 30 years.

By comparison, the bottom 80% of earners account for just 37% of total consumer expenditures, down -11 percentage points since 1995.

In other words, ~28 million Americans are driving nearly half of all consumer spending, while 221 million Americans account for just 37%.

Given that personal consumer expenditures account for 68% of total US economic output, the top 10% now effectively drive a record 33% of US GDP.

At the same time, the bottom 80% account for just 25% of the economy.

The US consumer economy has never been so uneven.

[Hedgeye @Hedgeye]

🇺🇸 U.S. 30-year mortgage rates rise to 9-month high

[Thomas Wood @TradessWithTom]

$GOOGL 60min support break, next target $380

[Thomas Wood @TradessWithTom]

Weekly hammer on
$MP
worth watching. First test would be a push through $70