Stock Market | TSLA NVDA AAPL AMZN META GOOG MSFT AnalysisQQQ Forecast
Sp500 ETF analysis
Nvidia Stock NVDA Forecast Technical Analysis
Apple Stock AAPL Forecast Technical Analysis
Microsoft Stock MSFT Forecast Technical Analysis
Google Stock GOOGL Forecast Technical Analysis
Amazon Stock AMZN Forecast Technical Analysis
Meta Forecast Technical Analysis
Tesla Stock TSLA Forecast Technical Analysis
QQQ
ALERT! Healthcare Stocks? $UNH 70% decline! Sub $200 possible. I've been watching and keeping this quiet for a while now and I am now extremely confident of this trade. NYSE:UNH headed for the dumps as technicals show signs of a 70% decline ahead in the next year. This is a developing trade and I do not have any news to support this drop however, I am certain. The Weekly is currently in a bear flag the same exaact way. After a huge run, UNH looks to be running out of steam. The RSI matches around 70 on the 10D timeframe and the MACD is also coming from a negative area into bullish territory, yet the bearish divergence is clear imo. I will be glady entering long puts up here. I will continuously update this trade. See you Next year. Use this chart as a reference to current chart.
$SPY $537 Fair Value Gap fill incoming imoFVG sits below at $541.61-$536.89 ..... Current 6 count could prove bearish into the 7th count on 10D chart. Very interesting chart showing what would essentially be a Bearish Harami off this Inside Doji. The 10D candle starts tomorrow 7/23 and ends 8/7 so basicaally accumlate as many puts as possible between then and now. If we move above the Open on the Doji at $554.54, then we can start talking about bullish behavoir. For now though, the gap above at $566.7 was rejected and I will be looking for a downside move from here to $540 as previously noted in a recent session. Chao.
VIX | Economic, Geopolitical, and Market DevelopmentsTVC:VIX
Key Points:
FOMC Decision:
Rate Hold: The FOMC maintained the federal funds rate at 5.25%-5.50%, indicating caution due to persistent inflation (Home) (Home).
Market Volatility:
VIX Surge : The VIX rose to 23.38, reflecting increased market fear and uncertainty driven by economic and geopolitical factors (Home).
Japan's Economic Challenges:
Policy Adjustments : The BOJ raised rates and ended yield curve control but maintained a relatively accommodative stance due to muted inflation.
GDP and Inflation : Japan's GDP contracted by 0.5% in Q1 2024, and core inflation stood at 2.5% year-over-year.
Europe's Economic Landscape:
ECB Rates : The ECB's interest rate is at 3.75%, with slow growth expected amid ongoing inflationary pressures.
Geopolitical Tensions:
Iran-Israel Conflict : Escalating tensions impact global oil prices and market sentiment (Council on Foreign Relations).
Russia-Ukraine War : The conflict continues to pose significant geopolitical risks, affecting global markets and humanitarian conditions (S&P Global).
US-China Relations : Ongoing strategic competition and trade tensions shape global dynamics (EL PAÍS English).
Cybersecurity Threats : Increasing frequency and severity of cyberattacks threaten national security and financial stability (S&P Global).
Global Elections:
2024 Elections : Major elections in the US, UK, and EU contribute to geopolitical complexity, potentially reshaping policies and market responses (EY US).
Summary:
The global economic and geopolitical environment remains volatile. The FOMC's decision to hold rates reflects caution amid persistent inflation. Market volatility, indicated by the VIX surge, is driven by economic concerns, geopolitical tensions, and mixed corporate earnings. Japan faces economic challenges despite policy adjustments, while Europe contends with slow growth and inflation. Heightened geopolitical tensions, particularly the Iran-Israel conflict and Russia-Ukraine war, alongside significant upcoming elections, add layers of complexity for investors and policymakers.
Well NOW US $ YEN broke my target BUT144 area coming upUS $ YEN broke my target and seems to want to drop to 144,60 as you can see there are two targets for MAJOR support . BTW this is the ONLY REAL REASON the markets selloff . They the reason TECH is been wreaked . So we should see support coming in soon .
SPY/QQQ Plan Your trade 8-2 - The Kamala-Crush ContinuesIt's been quite a while since I've seen -3%, -4%, or even -6% on my screens.
These are HUGE price swings, and I'm still having trouble identifying why the global markets feel a major crisis has suddenly hit (unless it is all related to Kamala Harris).
This update shows you why I believe the US markets must attempt to find support near this 50% pullback range. If we can't find support at the levels I highlight on this video - then all bets are off and we could enter a much deeper price correction.
I'm still looking at the data, earnings, and other news. I see nothing that says CRASH.
I see US companies preparing for a tough summer - but still making profits.
I see the US moving into a hotly contested election.
I see consumers still spending (moderately).
I just don't see a CRASH event yet. So, I believe this is all a large panic move.
More later.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 8-2 : Breakaway In Carryover ModeAs we have all experienced over the past 6+ days - outside news events can (and often do) disrupt my SPY Cycle Patterns.
I've talked about the Kamala-Crush event (just 10+ days ago) that disrupted market trends after Biden stepped down from running for POTUS in 2024.
I've talked about how capital would shift away from risks because of the sudden shift in expectations.
I've talked about how this shifting capital would likely benefit the US market and what I call (major global economies) - where capital may rush into areas considered safer than most of the rest of the globe.
Then, we saw a bloody attack on Israeli children turn the world upside down with the threat of an Israel/Iran conflict.
We are now seeing Japan really become an issue with the BOJ attempting to manage risk factors related to their economy.
In my opinion, the past 10+ days have been a series of minor crisis events (some a bit more major than minor) that have played out to disrupt the US/Global markets with huge volatility.
We don't normally see 2.5 to 5.5% price swings - EVER. These types of price swings are MASSIVE.
We are living through a disruption that may go down in history related to a global shift in expectations.
But, at the same time, we've only seen the US markets fall 3.5% from the recent highs. Certainly not a CRASH event (yet).
Honestly, I don't expect my SPY Cycle Pattern to play out very well today. I believe these outside factors are really driving price action and I've clearly tried to highlight that in this video.
If & when the markets settle and move back into more normal types of price trending (away from outside factors driving price trend) - the SPY Cycle Patterns will likely fall back into a better predictive mode.
As I stated, the SPY Cycle Patterns are not 100% accurate all the time. The past 10-15+ days have been very unusual (to say the least). We've seen a series of events that are really unprecedented (starting with the Kamale-Crush).
Buckle up. Today could be a very interesting day if support holds. We may see the SPY attempt to rally back above $552-554 at some point.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 8-1 : Where's the BaseRally301 PatternI know. I'm asking the same question.
Today's move is not normal. The US markets don't move 1.5 to 3.5% on normal days. This is something bigger - outside the normal scope of market data.
It could be the election conflict in Venezuela.
It could be the US POTUS election news.
It could be what appears to be a collapse in Asian markets.
It could be that European markets fell hard today.
It could be anything that is related to forward expectations for the US/Global markets.
My data is still showing this is a DIP in a bullish trend (a BUY THE DIP opportunity).
My data shows the following:
- Europe & Asia are trending downward.
- US is following Europe/Asia.
- US-Dollar Demand (SPY BASE TREND) is flat - but still strong
- Hedge Assets (Gold/Silver/BTCUSD) are holding up well in the face of this move.
- The MRM system has not turned BEARISH yet (that's good).
- Major Markets To Metals (hedge instruments) are much weaker.
- The Volatility Index is at 15.51 (still above the <12 level for a bearish trend).
- The Leading Index is lower (showing Volatility near a Flag Apex).
- The Market Ratio index is higher (showing reflation strength).
- The US to Global Index is still showing the US markets are stronger than the foreign markets.
- The US Valuation Trend index is at 240 (reflating strongly compared to foreign markets).
After watching the price trend all morning with my new MENT Pressure System (including the Fibonacci Price Theory model), I really do believe this is a FLUSH-OUT LOW setting up which will revert back into a bullish price trend (the Vortex Rally phase).
Nothing seems broken to me (yet).
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
THE FREAKY SEVEN IS SET TO CONTINUE ITS CHEMICAL TRIP. SOON...US stock indexes closed mixed on Monday as investors awaited a massive wave of data this week.
171 companies within the S&P 500 are set to report their second-quarter earnings results this week, and expectations are high given the Nasdaq Composite (IXIC) 16% year-to-date rally.
Some of the biggest companies including Apple, Microsoft, and Amazon will report results this week.
I won't sing you lullabies about expected numbers.
The major technical graph indicates that 50-Day SMA already done & fully retested.
The next one chase is IXIC 125-Day SMA & all the way below, as much as it possible.
Alphabet & Tesla push All The Bigtech into Bearish MarchIndexes end lower as investors brace for major earnings results
After the closing bell, Tesla and Alphabet released their second-quarter performance.
Investors were especially attentive to the carmaker, looking to see if its performance has improved since the start of the year. Tesla was battered by a slew of headwinds in the first quarter, but investors have since grown bullish on the flagship EV manufacturer.
The two firms are the first of the Magnificent Seven tech stocks to release their earnings.
Unfortunately they both did not deliver strength, so it breaks the momentum to the tech rally.
Tesla shares fall nearly 9% in premarket trading after earnings miss
Tesla shares dropped in premarket trading in the U.S. after the electric car maker reported second-quarter earnings that missed expectations, as its auto business continued to face pressure.
Elon Musk’s electric vehicle company reported that automotive revenue declined 7% year on year in the June quarter to $19.9 billion, while its adjusted earnings margin also fell.
Bulls and bears have been in a grapple over the stock, with some believing the company’s core car business is under pressure, while others held hope about a future Musk has promised around autonomous driving.
Alphabet (GOOG, GOOGL) shares fall nearly 4.5% in premarket trading after earnings report
Alphabet earnings top estimates as cloud business gains steam, AI losses grow.
Google parent Alphabet reported its fiscal second quarter earnings after the bell on Tuesday, beating analysts' estimates on the top and bottom lines as its cloud businesses continue to pick up steam, topping the $1 billion mark for operating profit for the first time.
For the quarter, the company saw earnings per share of $1.89 on revenue of $84.7 billion. Analysts were anticipating earnings per share of $1.85 on revenue of $84.3 billion, according to data compiled by Bloomberg. That's a jump from the same period last year of 31% and 14%, respectively, when the company reported earnings per share of $1.44 on revenue of $74.6 billion.
Advertising revenue topped $64.6 billion versus analysts' expectations of $64.5 billion, and up from $58.1 billion last year. YouTube ad revenue, however, fell short, with the segment bringing in $8.66 billion versus expectations of $8.95 billion.
Technical thoughts
What is next? Hmm.. I think more Bulls & Bears are to run.
The main graph Nasdaq-100 Sept'24 Futures contract (NQU2024) indicates on strong Bearish Momentum.
This is all because of 50-Day SMA breakthrough, as well as breakthrough of major 3Mo old upside channel.
SPY/QQQ Plan Your Trade 8-1 : Base Rally After Gap FillToday's BaseRally301 pattern is certainly giving us a run for our money.
I expected a bit of a pullback in early trading today, but I didn't expect the SPY price to fall far enough to CLOSE THE GAP.
This is a great example of staying agile and running with what price gives us.
Now, as we have closed the GAP and still trying to find a base/support level to mount another rally attempt.
Please watch this to learn how important the next 4 hours are related to the future rally trend for the SPY.
Today should be very interesting if the SPY Cycle Pattern plays out as I expect.
This video also includes Gold, Bitcoin, and the QQQ.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Stock Market | TSLA NVDA AAPL AMZN META GOOG MSFT AnalysisQQQ Forecast
Sp500 ETF analysis
Nvidia Stock NVDA Forecast Technical Analysis
Apple Stock AAPL Forecast Technical Analysis
Microsoft Stock MSFT Forecast Technical Analysis
Google Stock GOOGL Forecast Technical Analysis
Amazon Stock AMZN Forecast Technical Analysis
Meta Forecast Technical Analysis
Tesla Stock TSLA Forecast Technical Analysis
SPY/QQQ Plan Your Trade 7-31 Mid-Day Update - POP May IntensifyPlease watch this video to learn how the already big rally phase (starting the Vortex Rally) may intensify over the next 10+ days.
By my analysis, the SPY could rally to levels above $565 before mid August.
But, the SPY Cycle Patterns still show a moderate price pullback is in order before we move onto any extended rally phase.
I've also made some big changes to the new TradingView tools I've been working on. Very happy with the current mods/adjustments.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-31 Mid-Morning Update - POP DelayedIt looks like the POP pattern was suppressed by yesterday's Israel attack - pushing price downward and really creating a bullish launchpad type fo reversion move.
The Nasdaq is up over 3%
The SPY is up over 1.6%
These are HUGE upward price moves.
In my opinion, this is the POP pattern showing up a day late (disrupted by the Israel/Lebanon attacks yesterday).
In this video I highlight what I think is still a potential for a bit more upward price trending. We will reach a peak today and likely stall downward a bit later in the day.
But for now, this reversion rally seems very strong.
Get some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade 7-31 Morning UpdateThis video highlights the morning Gap and what to expect before price settles and attempts to move above $553-555 today.
I fully expect the Vortex Rally to move price higher over the next few weeks/months. But, today is going o be critical to see if Price can attempt to move above the recent resistance area near $554-555. If price moves up to that level and rejects (downward) - I would still consider that a positive price reaction to the recent selling pressure.
So, today and tomorrow are going to be very important related to Fibonacci Price Theory and watch to see if price CAN attempt to move to new Unique/Ultimate highs.
So far, the Gap higher (to a new Unique high) is a very positive move.
One of my friends wrote to me this morning saying his "lotto" call options (purchased yesterday near the close) resulted in a 1400% gain this morning. Love this.
I love seeing traders use my tools/research and attempt to better their skills.
That is a big Lotto Win for cheap $9 call options on the SPY.
Let's see how it plays out today.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 7-31 : Counter-Trend Base RallyFirst, I got up a bit late this morning. Been pushing really hard over the last few weeks. I guess I needed the rest.
Next, this video is very important for ALL TRADERS.
I want all of you to learn the proper skills to manage your trading, risk controls, and emotional aspects of trading, and really learn the skills to MAKE YOUR OWN DECISIONS.
I know you may never fully master these, but knowing how to use these tools and how they can help you is very important.
I'll keep this short, we are likely going to see a rally to to $553-555 in the SPY, then watch the price roll downward later in the day.
Go Get Some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold