Good morning. Been a busy premarket trading.  If not in discord, please join, alerted CVS short from 67 to 64.50s and TSLA short on Lawyer leaving.

General market thoughts

Overall weakness in premarket, if pushes fail today could be the short day, but overall I’m expecting weak open rip into 280 on dovish Fed statements.  But if that fails, market seems to be looking for a reason to sell.

SPY -- Watching for dips 277 to hold for 278.50 test. Thinking we may have small range until Fed minutes. If 277 breaks, I'll probably take 276p -- LEVELS:
PCG -- Eyeing dips for short squeeze into 20. may not be a today thing. -- LEVELS:
PDD -- Great consolidation yesterday. I exited all my calls into the 29.50 push expecting a pull back on 28.50. Don't want to chase though. E/r is next week. -- LEVELS:
TSLA -- Lawyer leaving due to cultural fit issues and family. If we break 297 with volume could flush into 280-290 today. otherwise, watching to scoop for a long. -- LEVELS:
MAT -- Looking for a trade either off a fast dip or a big rip. -- LEVELS:
AMRS -- Like dips under 5 for a swing trade. Thinking this could see 7+ in April. -- LEVELS:
UBS -- Eyeing for a dump under 12, maybe 11.50s to get long -- LEVELS:

Earnings Plays

CVS -- What a great short entry in pre market! Alerted live in bbox discord. Looking for a washout into 63s for a long into 65. Any fast pop into 66 I like for a short for 63. If 63 breaks, I wouldn't be surprised to 60 by end of day. -- LEVELS:
NVDA -- Watch for 156 break and heaviness for more downside or strength and support at 160 for upside. -- LEVELS:
WMT -- Looking for a pop into 103 to fail to get 102puts. Over 103, after fed minutes and if fed is dovish and SPY is approaching 280 may take some long. -- LEVELS:

 

Good luck everyone and safe trading.

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