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Market futures trending up approximately 50 points, continuing upward momentum – Futures continue their bullish trajectory, pushing about 52 points higher as the market builds on recent strength. This upward movement comes despite economic analysts predicting doom, with price action and investor sentiment clearly contradicting…

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FOMC meeting announcement and press conference expectations: The Federal Reserve’s upcoming announcement is widely anticipated to be a “nothing burger” with no change in interest rates expected. The market focus will likely shift to Chairman Powell’s 2:30 PM press conference, where any surprise in language or forward guidance…

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Stop loss strategies based on market volatility focuses on the critical need to adjust stop losses according to changing market conditions. March saw the SPY with an average true range (ATR) of approximately $10, which then doubled to $20 in April. This significant change in volatility demands corresponding adjustments to stop…

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Post your questions by hitting the blue REPLY button ———>

Attend the game plan meeting – https://www.youtube.com/watch?v=ZfaP4NGdMtY

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Market analysis and recent performance: Markets have shown resilience despite recent selling, with orderly movements under 1% on major indices. The S&P 500, Nasdaq, and Dow all exhibited similar chart patterns, suggesting a durable bottom despite approaching key resistance levels. The current market environment merits a…

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Introduction

This trade review session covers both day trading and swing trading strategies, examining several specific trades and providing guidance on trade management techniques. The discussion focuses on key trading concepts including open range breakouts, stop loss placement, profit targets, and the importance of consistent…

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Market analysis and current conditions – Markets experienced a slower day following a nine-day rally, which financial analysts view as a healthy pause. Volume remains relatively normal compared to recent price action, suggesting this sideways movement is constructive rather than concerning. The market continues to maintain a…

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Market response to non-farm payroll data and unemployment figures – Economic data released showed non-farm payrolls coming in at 177,000 versus a forecast of 138,000, indicating stronger-than-expected job growth. The unemployment rate held steady at 4.2%, matching consensus expectations. These figures, combined with overnight…

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Elon Musk and Tesla leadership uncertainty has become a major focal point after The Wall Street Journal reported that Tesla’s board has initiated a search for a new CEO, despite the company’s official denial. The situation highlights the precarious nature of having a celebrity CEO whose personal brand is deeply intertwined with…

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// A short game plan meeting today, I had to deal with some website issues…

Thank you for understanding:

// STOCKS DISCUSSED

Supermicro (SMCI) is facing significant scrutiny over its financial reporting practices. The stock dragged down much of the technology sector after serious questions emerged about whether their numbers were properly…

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