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Thursday Newsletter

Posted by steve on 16th of May 2024 at 06:01 pm

STNG Updated

Posted by steve on 16th of May 2024 at 03:24 pm

STNG - Chart Link - after a few days rest - pops higher again so protect 

INTC Updated

Posted by steve on 16th of May 2024 at 03:21 pm

INTC - Chart Link - hit next target so now just let runners go with stops

BBIO Updated

Posted by steve on 16th of May 2024 at 03:20 pm

BBIO - Chart Link - raise stops

You alerted the algos to

$VIX alert

Posted by steve on 16th of May 2024 at 03:04 pm

You alerted the algos to crush vol once again 

Failed and quick move down

SPX 15

Posted by steve on 16th of May 2024 at 02:16 pm

Failed and quick move down - strong support still below 

ES bulls need to reclaim

SPX 15

Posted by steve on 16th of May 2024 at 02:09 pm

ES bulls need to reclaim 5334/37 now to move up directly 

So true - bounced from

SPX 15

Posted by steve on 16th of May 2024 at 02:02 pm

So true - bounced from that zone

SPX 15

Posted by steve on 16th of May 2024 at 01:58 pm

INTC Updated

Posted by steve on 16th of May 2024 at 12:38 pm

INTC - Chart Link - bounce play - reached 20 day MA 

MU Updated

Posted by steve on 16th of May 2024 at 11:10 am

MU - Chart Link - nearing previous high so protect 

Matt's at the printer now for Dow 40,000 shirts and caps - only a few remaining with big demand 

Please see what I wrote

XLY - kinda same vue as IYT 

Posted by steve on 16th of May 2024 at 10:39 am

Please see what I wrote about XRT a few days ago - the action in GME has had a big impact both up and down.   If you are going to trade any ETF, you should be aware of the holdings (components) of such an ETF. 

XRT Components- after opening the link, scroll down to see the top holdings

COST 800+

Posted by steve on 16th of May 2024 at 10:32 am

COST 800+

VISA is a rolling out

Posted by steve on 16th of May 2024 at 10:01 am

VISA is a rolling out a major change by Summer which will make the 16 digit credit card number obsolete in the US.  You will only need one physical card now  connected to multiple banking accounts, both debit and credit.  The new card can be “customized”.    Next up: CDBC

Fedspeak

Posted by steve on 16th of May 2024 at 09:55 am

Fedspeak Today Starting at 10 EST with Barkin and Barr

Harker at 10:30 

Mester at 12:00 

Bostic 3:50

Philadelphia Fed Manufacturing Index (May)

Posted by steve on 16th of May 2024 at 08:31 am

Philadelphia Fed Manufacturing Index (May) 4.5 vs 7.7 Est.

USA Initial Jobless Claims 222K

Posted by steve on 16th of May 2024 at 08:30 am

USA Initial Jobless Claims 222K Vs 219K Est.; 232K Prior

CSCO higher

Posted by steve on 15th of May 2024 at 04:11 pm

CSCO higher

MARA is a meme name so held up better of late 

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