Michigan data today showed lowered Consumer Confidence and increase in 1 year and 5 year inflation rate.
$SPY $QQQ
Keep in mind the survey is conducted by Univ of Michigan. Democratic respondents before Trump was elected largely agreed inflation back to 2%. Since Trump was elected, democratic respondents now point to 4% inflation 1 year. Amazing isn't it?
They were optimistic under democrat administration but flipped when Trump got elected.
What a JOKE.
SWING TRADE: $AMD 3/21/2025 $170 CALLS @ 2.95-3.00
Bought 3 contracts here, this is a smaller size for me overall but I am liking the risk to reward❤️
Targets are $140 first, then I would like to see even higher before March
Pls no AMD advanced money destroyer thx
The goal with our daily catalyst watches is to identify spots of outperformance.
In premarket this morning, we highlighted a basket of solar names $AMPS $SPWR $RUN $NOVA BEFORE they had moved at all.
The solar sector is ripping intraday:
$AMPS +12%
$RUN & $SPWR +8%
$NOVA +5%
$SPY If this level gets broken, I expect we'll see this 20-day moving average which hasn't been tested since late May.
Here's what happened back then, and what you need to keep an eye on going into next week.
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