January: $AMD 3 to 30 π
February: $CRWV 1.15 to 5 π
March: $NFLX 0.88 to 16 π₯
April: $IBIT 0.7 to 0β
May: $COIN 3.25 to 7.35 ππ»
June: $NVTS 2.35 to 12 π
July: $USO 0.98 to 4+ π
7 months past! 6 wins in the book. Multi baggersβ¦
Short listed a few tickers already.
πΊπΈ Weekly Market Preview β Week 29
A data-heavy week is ahead, with inflation, consumer spending, housing data, geopolitical developments, and quarterly earnings all in focus.
Monday
Markets will assess the latest developments surrounding the Strait of Hormuz and their potential impact on energy prices, inflation expectations, and global risk sentiment.
Tuesday
π 2:30 PM - US Consumer Price Index for June
The CPI report will be one of the weekβs key events, as investors look for further evidence on whether inflationary pressures are continuing to ease.
Wednesday
π 2:30 PM - US Producer Price Index for June
Producer prices will provide additional insight into cost pressures at the corporate level and possible future inflation trends.
Thursday
π 2:30 PM - US Retail Sales for June
π 2:30 PM - Philadelphia Fed Manufacturing Index for July
Retail sales will offer an important update on the strength of the US consumer, while the Philly Fed survey will provide a fresh signal on manufacturing activity.
Friday
π 2:30 PM - US Building Permits for June
π 2:30 PM - US Housing Starts for June
π 4:00 PM - Michigan Consumer Sentiment for July
ποΈ CLARITY Act hearing
The housing data will help assess the condition of the interest-rate-sensitive real estate market, while consumer sentiment could provide further clues about household confidence and inflation expectations.
π Earnings season is also gaining momentum
Around 10% of S&P 500 companies are scheduled to report quarterly results this week. Investors will closely monitor revenue growth, margins, forward guidance, and management commentary on demand, inflation, and economic conditions.
This could be one of the most important market weeks of the month. Inflation data, retail sales, geopolitical risks, and the accelerating earnings season could significantly influence expectations for monetary policy and determine the next major direction across financial markets.
$SPY solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr
Given everything going on with the Straight of Harmuz see how the bulls are handling the trendline. If bears want to push it down they need to gap the price under the trendline. Which they did not overnight. Inside day and bear gap still open but this is not a bad look for the bulls.
$SPY $SPX
A clean show of strength from the bulls here. Closing out Friday with a strong candle which also clearly breaks above and closes above the trendline.
Overnight futures are down, but is it a shake out to retest the trendline and then bounce? What the trnedline closely and then decide if you want to turn bearish or not.
This type of setup is usually very bullish and this can trigger its big run past ATHs and past it towards 770 going into Fall.
Just talking purely numbers and levels here you want to see bulls to hold 750 on SPY. If they can hold onto it we are going to see 760 in a matter of 4-5 trading sessions.
TRADE IDEA OF THE WEEK: $AVGO Video posted on Instagram.
I am also going to post some elaborate video on trendiness and its importance which can help you in the long run. Keep an eye out for the video.
If you like my analysis hit the β€οΈ and repost.
Dubai plans new port to bypass Strait of Hormuz; DP World is planning to build a new port and a container terminal on the UAE's east coast that would reduce Dubaiβs dependence on its flagship Jebel Ali hub and bypass the Strait of Hormuz, reports FT
$ARM
Really like the setup here on ARM with an inside day and knocking on the trendline after a 35% pull back from its highs. Inside day like various other chips $AVGO $AMD $ARM also looks quite bullish to move back towards 400 soon. Keep an eye out for the trendline or the 338 level. Should see a quick move towards 400. It has not given a confirmation yet but this week it is on a strong watch.
PT: 400
$SPY $SPX
A clean show of strength from the bulls here. Closing out Friday with a strong candle which also clearly breaks above and closes above the trendline.
Overnight futures are down, but is it a shake out to retest the trendline and then bounce? What the trnedline closely and then decide if you want to turn bearish or not.
This type of setup is usually very bullish and this can trigger its big run past ATHs and past it towards 770 going into Fall.
Just talking purely numbers and levels here you want to see bulls to hold 750 on SPY. If they can hold onto it we are going to see 760 in a matter of 4-5 trading sessions.
TRADE IDEA OF THE WEEK: $AVGO Video posted on Instagram.
I am also going to post some elaborate video on trendiness and its importance which can help you in the long run. Keep an eye out for the video.
If you like my analysis hit the β€οΈ and repost.
$INTC $AAPL
$AAPL reportedly secured an exemption from proposed 100% semiconductor tariffs after committing hundreds of billions to additional U.S. investment.
Apple is also expected to manufacture some Mac and iPhone chips at $INTC U.S. fabs
Many asked why I said this! ππΌ
Itβs simple but one of the most powerful arsenal you can have in your trading. Will explain with a video tomorrow. β€οΈ
Trade to look for:
$AVGO 420C 7/17 as a swing for a PT at 440.
If you see a pop towards 410 today possible to see the target Mon-Tue. Inside day today. Lot of good news from. $AAPL and $META
$ANET nice pull back from 190 and $SPY trying to break out of the trendline too.
190C 7/10 is a great lotto trade. 175C is 10x. 190C 7/17 was booked at 2x.
Now 3rd position. This can be a 5x trade too if we close near day high. Buyers picking upβ¦
$META
How good was that bounce off the trendline. We are heading into a weekly trendlinee resistance now going into earnings! Measured move off the trend lien break is 300 point measured move with brings it to 706 + 300 = 1006. Rounding it off to 1000.
PT: 1000 remains long term!
$META
Meta currently looks like a huge head and shoulders at the trendline with a measured move of the break down to be about 200 points lower. So 200 point lower brings it down to 345 if this trendline on the weekly is broken.
Having said that, we are in a bull market and one thing I have learn all these years in the market is Head and Shoulders is the of the worst setup to believe in it. It fakes the bears so hard that they vanish into oblivion.
I am still extremely bullish on this stock and will be watching the upper trendline for a break. At the minimum META is a 1000$ stock in my opinion and is a great spot to accumulate. 480 is where the real risk is currently if it breaks down. That would be terrible for the stock and Zuckerberg will have to sell his bunker in Hawaii. Kidding of course.