X

[X @financehardo]

@Ksidiii 🫡

[Charlie Bilello @charliebilello]

The 10-Year Treasury Bond is down 3.6% in 2024, on pace for its 3rd decline in the last 4 years. That hasn't happened since 1956-59.

[Brad Freeman @StockMarketNerd]

Snapshot of a rock-solid $PLTR Quarter:

[X @financehardo]

classic s/d run
#trading #TradingStrategy #easymoney

[X @financehardo]

es/ price is reaching for supply today, expect volatility as we have some areas that need to be touched on before continuation higher.

Market Mechanics & Measured Moves > SMC

#trade #StocksToBuy #KendrickLamar

[X @financehardo]

@tradertheory

[Otavio (Tavi) Costa @TaviCosta]

I suggest J. Powell to consider this indicator for the “stag”, and the recent surge in commodities or gold for the “flation”.

Every time unemployment rates have crossed above its 24-month moving average, it marked the beginning of a significant deterioration in labor markets.

[Bonnie Gortler @Optiongirl]

The Chart shows the daily Invesco QQQ, an exchange-traded fund based on the Nasdaq 100 Index. QQQ made a low in October 2023 (red circle), followed by a successful retest of the low in early January 2024 and the start of an uptrend.
QQQ broke the April downtrend, shifting the short-term trend to up.
Nasdaq 100 (QQQ) continued higher, up +1.04%, closing at 435.48, closing slightly below the 50-day Moving Average (blue rectangle) but above the 200-day Moving Average. Support is at 430.00, 420.00, 413.00, and 400.00. Resistance is at 437.00, 445.00, and 450.00.
The bottom chart, MACD (12, 26, 9), generated a fresh buy, below 0, rising from a favorable double bottom formation. MACD will likely break the downtrend from March (black line) on any strength this week. However, the February momentum downtrend (green line) remains.
Money flow (lower chart) turned up in April, breaking the downtrend, a positive sign, but closed below resistance (brown line).
In Sum:
QQQ continued to rise after a relief rally from an oversold condition, breaking the April downtrend last week, which was helped by Apple’s (AAPL) best day since 2022 after earnings beat expectations and announced a $110 billion buyback. With QQQ strength, MACD will break both momentum downtrends, confirming a short-term bottom. On the other hand, a weekly close below 420.00 would suggest a failed breakout and further downside.
QQQ continued to rise after a relief rally from an oversold condition, breaking the April downtrend last week, helped by Apple’s (AAPL) best day since 2022, when earnings beat expectations, and the company announced a $110 billion buyback. With QQQ strength, MACD will break both momentum downtrends, confirming a short-term bottom. On the other hand, a weekly close below 420.00 would suggest a failed breakout and further downside. #stockmarket

[*Walter Bloomberg @DeItaone]

U.S ISM NON-MANUFACTURING PMI (APR) ACTUAL: 49.4 VS 51.4 PREVIOUS; EST 52.0

U.S ISM NON-MANUFACTURING EMPLOYMENT (APR) ACTUAL: 45.9 VS 48.5 PREVIOUS; EST 49.0

U.S ISM NON-MANUFACTURING NEW ORDERS (APR) ACTUAL: 52.2 VS 54.4 PREVIOUS; EST 54.5

[UPBOptionMil @UPBOptionMil]

$AAPL 11.2 BILLION LESS shares outstanding since they started buying back their own stock in 2013

that's 42% LESS shares
and they are buying another $110 billion..

tell me buybacks don't matter...

everyday despite whatever headline hits the market, war, economic data, FED cuts/hikes --->> Apple looks in the mirror and likes what it sees. It buys itself
and guess who else is always buying... ETFs.. pensions, 401k and retirement plans are buying AAPL, passive investors are buying AAPL... all amid a SHRINKING o/s....

LESS SUPPLY of AAPL stock every single day of the week....
and you can do this for all the big companies out there buying themselves.

Supply of AAPL stocks sinks.... money supply grows... population grows... the chart tells the story. Its a supply and demand issue. and the supply continues to drop

...and they say buybacks don't matter

https://t.co/zuwSuhv44T

[Brad Freeman @StockMarketNerd]

$AAPL Earnings Snapshot:

[unusual_whales @unusual_whales]

33% of all S&P 500 stock trades are now executed in the final 10 minutes of the session, according to data compiled by BestEx Research.

That’s up from 27% in 2021.

[Wall Street Mav @WallStreetMav]

JPMorgan Chase, Bank of America, and Citigroup's Citibank have a combined $7.427 TRILLION hidden off-balance sheet.

🚨🚨🚨

[Arnaud Bertrand @RnaudBertrand]

This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy.

Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy

[Charlie Bilello @charliebilello]

Q1 Revenue Growth, YoY % Change...
Meta $META: +27%
Microsoft $MSFT: +17%
Google $GOOGL: +15%
Netflix $NFLX: +15%
Amazon $AMZN: +13%
S&P 500 $SPY: +4%
AMD $AMD: +2%
Apple $AAPL: -4%
Tesla $TSLA: -9%

[Tradytics @Tradytics]

We made it to Friday! Let's finish the week strong.

More Econ Data before the bell today, $SPY is having a nice PM session, so far. 🍿

[DekmarTrades @DekmarTrades]

Reason why the $SPY just spiked $5!

[Tradytics @Tradytics]

Today's Data Dump! $SPY $SPX $QQQ 🍿

8:30 am U.S. employment report
8:30 am U.S. unemployment rate
8:30 am U.S. hourly wages
8:30 am Hourly wages YoY
10:00 am ISM services
10:30 am Chicago Fed President Austan Goolsbee TV appearance
7:45 pmChicago Fed President Austan Goolsbee speech
8:15 pm New York Fed President John Williams speech

[Menthor Q @MenthorQpro]

Buybacks about to make a come back. GS notes that volumes execution goes up by 30% when the window opens. That is liquidity

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

BofA: The S&P 500 fell 4.1% (total return) in April, the first decline since Oct 2023 after a 98th percentile 5-month rally (+26%)

5%+ pullbacks historically occur three times a year, on average.

Stagflation playbook is back: Utilities + Energy