Tickers: SPY QQQ IWM FB AAPL TSLA AAPL AMZN NFLX GOOGL SMH ARKF ARKG ARKK ARKW DOCU
Before the Bell is premarket prep for active traders. The note provides detailed stock market technical analysis focused on the indexes and FAAMGs. Key levels and trading locations are provided, along with trading plans and timely commentary to keep you on the right side of the trade.
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The video is a detailed technical review of the indexes and FATMAAN names. All the key trading levels are identified along with commentary and trade plans for each ticker. Trade ideas are also discussed. Run the video at 1.25x- 1.5x to reduce run time without loss of clarity.
Find the video HERE
Macro Data Releases Week of Dec 6
- Monday –Quiet
- Tuesday – Biden – Putin Conf. Call. ; International Trade, Productivity; Redbook
- Wednesday – Mortgage applications; JOLTs, oil inventory, 10 yr Bond Auction 1pm
- Thursday – Jobless Claims, wholesale inventory NatGas inv, 30 yr bond auction
- Friday – CPI, Consumer Sentiment, Treasury Statement, Rig Count
The Market has seen some turbulence ahead of the CPI print today and larger picture the FOMC policy decision next Wednesday at 2pm. As I explain in today’s video with quite a bit of detail, I believe market conditions are changing from easy ( get long w/ FOMC liquidity ) to hard / choppy ( Fed liquidity withdrawal ). So traders need to re-orient from auto pilot buy the dip to a more measured approach with more 2 way action. I think the Ponzi trade is over. Ponzi = high valuation; no earnings. Then by definition bearish ARK and bubble names, but more bullish quality names with solid earnings support.
ESG – Energy Stops Growing
A detailed walk-through of the levels and trading strategy for the indexes is given in the video ( link above) . The static charts are provided for reference. The FATMAAN names are also reviewed in the video along with trade ideas and other charts of interest.
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