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Stock Market Watchlist for 2 May 2019 

 May 2, 2019

By  spectre_trades

Good morning!  If all is working right you should be reading this off the new server.

Short list today.

On an unrelated note, got a meeting with city’s planning department regarding recent zoning changes.  If anyone can recommend a general contractor in Southern California or is interested/experienced in multi-acre apartment building projects please direct message me on Twitter @spectre_trades.

SPY -- Ideally pushes into 292.50-293.50 at open and then get short. Yesterday was bearish engulfing on daily and first signal in some time to lock in profits. Target 285 within 2 weeks. But be careful, market has been trained to buy all dips. --
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TSLA -- Offering plus musk short special insider buy squeeze this morning. Thinking possible more squeeze at open and then dump. If dips and trend holds, this could squeeze more than people think. 247,251, and 255 are the key levels I'm watching. --
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CAT -- Impressive dividend increase. Could brind some buying in. Will consider June/July Calls on dips. --
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Earnings Plays

QCOM -- Got some nice shorts in last night, and was thinking with weak market we were headed for 78-80 level for a test but QCOM got a number of upgrades this morning. if dips on 86 hold and we break over 89, like for a long. If it dumps and 86 acts like a top will consider a reshort with target of 83. --
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W -- Like 156-158 level for a short, if holds over 158, Like for a short squeeze more to green+ --
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AMD -- Ideally pushes 27.20-27.50 at open and gets heavy under 27 for a short into 25-26 this week. --
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Good luck everyone and safe trading.  Be sure to like/retweet if you are finding this watchlist helpful.

If not a member, please join me at Black Box Stocks for real time updates/alerts.

If you’d like a free trial of black box stocks and chat with me on discord, be sure to message me on twitter @spectre_trades.

THIS POST AND ALL CONTENT ON THIS SITE REPRESENTS OPINIONS ONLY AND PROVIDED FOR EDUCATIONAL PURPOSES ONLY. CONTENT SHOULD NOT BE CONSIDERED ADVICE OR A RECOMMENDATION TO BUY OR SELL A SECURITY. PLEASE SEEK ADVICE FROM AN INVESTMENT PROFESSIONAL.

spectre_trades


Momentum Trader. Technical Chart Analyst. Always on the hunt for 3x or better reward to risk.

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