Trades This Week!
Last week started off good put volume/great risk/reward opportunities tapered off quickly.
Definitely not the best week we have had but still managed to find some great trades.
The important thing was keeping losses small.
(Disclosure: Simulated Results based on Plans shared, Actual Execution and Results May Vary)
Stocks I'm watching this Week
TSLA - Reclaimed 180, but 200ma on hourly acting as ceiling
- 180 Reclaim
- many traders scooped sub 170
- Twitter reaction may be fading
- Rejected 186 overnight and under 200ma on hourly
Watching dips this week either on 180 to hold targeting 190-195
SPY - Reaction to 200dma
- Multi-month Trend line at 409
- 200dma at 406
- Rates still increasing
- Record Thanksgiving Sales(may get negative reaction)
- Market acting like it wants higher despite rate increases
- Recipe for a short squeeze may develop
406 and 409 are key levels I'll be watching for short entries targeting end of Jan for payout
NOTE: Looking at 3600p for Jan for $10 if I can get filled
EVENTS This week
Nov. 28: Dallas Fed manufacturing activity index
Nov. 29: Conference Board consumer confidence; FHFA house price index
Nov. 30: ADP employment; MBA mortgage applications; third-quarter gross domestic product; wholesale and retail inventories; pending home sales; JOLTS jobs openings;
Dec. 01: Personal income and spending report, including PCE; weekly jobless claims; ISM manufacturing
Dec. 02: Monthly jobs report
Nov. 28: New York Fed’s John Williams; St. Louis Fed’s James Bullard
Nov. 30: Chair Jerome Powell; Governors Lisa Cook and Michelle Bowman
Dec. 01: Vice Chair for Supervision Michael Barr; Dallas Fed’s Lorie Logan; Bowman
Dec. 02: Chicago Fed’s Charles Evans
The stock market is a platform that connects buyers and sellers of shares, allowing them to trade at fluctuating prices. However, at the end of each
Banking with PlanningMy original thesis of 403.70 would hold for more consolidation was wrong, so when that level broke on volume, I started Planning.List of Steps