NASDAQ:NVDA trades at a premium, with a P/E ratio of 277, towering over the sector median P/E of 25.56 and the S&P 500's P/E of 24.50. Its EV/EBIT is also remarkably high at 207.38 against the sector median of 19.45, signaling significant market sentiment. The options market's pricing in a potential $50 move,trading well above recommended levels 50-day EMA,...
Details: Walmart ( NYSE:WMT ): Over the weekly time frame, Walmart saw an impressive gain of 22.51%, highlighting a strong trend in its stock performance. S&P 500 ( AMEX:SPY ) : This ETF tracks the S&P 500 Index, a benchmark for 500 of the largest companies in the U.S. stock market. During the same period, AMEX:SPY recorded a gain of 16.17%. Consumer...
A discussion about today's market and how swing trades played out and how risk mamangement plays a huge part in this and needs to be respected.
🎯 Trade Idea for NASDAQ:META : With a strong rebound off the 9 day EMA 📈, wedge breakout 🔓, confirmed by the candle 🕯️, plus a 2-2-2u reversal in play on both daily and weekly charts 🔄. 📲 Calls to consider over $240.26. 🎯 Target prices at $241.75, $244.92. 📉 Puts to consider under $235.33. 🔻 Target down to $231.55.
In this TradingView video, we'll be exploring the AMEX:SPY situation as we approach tomorrow's release of GDP data. We'll examine the importance of the 50EMA and discuss potential bullish and bearish scenarios. Join us to learn about the critical price levels at $401.35, $395, $407.90, and $411.50, and how they could impact market trends in the short term.
NYSE:UPS gears up for Q2 earnings tomorrow morning 📈: Completed a 2-2-2u reversal after bouncing off the 9EMA on Friday 📊 Near a wedge breakout & bearish gap fill 🧐 🔺 Calls: Trigger over $197.55 Targets: $199.55, HKEX:201 , HKEX:205 🔻 Puts: Trigger under $194.70 Targets: $192.87, $188.70, $186.55 💸 Market expects a HKEX:9 move. Trade wisely!
NYSE:DIS is currently inside a wedge pattern on the weekly chart, making it difficult to predict the next move. However, we can look for clues from two key factors: the 200MA and the upcoming NASDAQ:NFLX earnings report. If NYSE:DIS breaks above the wedge, surpasses the 200MA, and NASDAQ:NFLX delivers impressive earnings along with strong subscriber...
Tomorrow morning, we'll be receiving GDP data and jobless claims, which could have a significant impact on the market. Currently, $SPY is at a crucial point on the daily chart, nearing the upper limit of its broadening formation. It's showing positive trends on the daily, weekly, monthly, and quarterly charts. Keep in mind that the month and quarter will close on...
$XOM wedge break out, looks like it wants the bear gap on the daily If we can close the gap at the $107.78 PL we can extend to the $109 PL otherwise we double top and retest the $106.8 PL
It bounced off the 200 day MA and now in a 2-2 continuation. Looks like it wants that gap fill up to the $156.24 PL. Currently inside on the week and at the bottom of uptrend. ATR is $6.20 I like the $155C 3/24 avg 1.10 This isn't trading advice for educational purposes only. Please do your own due diligence.
$MSFT hard reject off Daily uptrend, creating a 2-2-2d reversal. Looks like it wants the 9EMA at the $265.66 PL.
$MSFT Trade Idea Bullish engulfing on the week, Green on the D,W,M Calls over $283.35 Target $286.20, $289 Puts under $276.30 Target $263.28
$META with the 2-2-2d reversal on the daily with room down to the 9EMA Bullish engulfing on the weekly Calls over $202.10 Target $210 Puts under $195.30 Target $190.85 Please see video for details.
$NFLX is currently testing the bottom of daily uptrend and just breaking back above the 200EMA. It's likely to bounce here and extend to the $314.30 PL. Please see chart and video for more details Warning the overall market is bearish so trade accordingly.
$TGT trade idea 2-2-2d reversal on the day and the MONTH! Puts under 160.80 Targets $158.50, $157.56, $156
$NVDA trade idea heading into tonight's earnings Calls over $214.94 Target $217.40, $220 (gap fill) Puts under $206.18 Target $196
$META price update Looking for $META to bounce with $SPY and retest $176.42, then $178 PL. However if it loses $172.88 we'll likely retest $169.71
$SPY has taken out most of my bearish price targets and is headed towards the 50EMA which sits at the $400 PL. This is a must hold or we'll see $396.50, $395, then the top of the downtrend breakout. If it bounces off $400 we'll likely retest $404 before a continuation.