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ON DECK FOR TODAY’S VIP TRADE ROOM: An update on Apple and Amazon earnings, what’s driving the market and which sectors are investors dumping… 3 momentum breakouts, 5 pullbacks and shorts that are lining up — with options! Is Tech Breaking Down? The Strongest Sector and Options for Longs, and 4 Day Trades! The Nasdaq is down premarket on Thursday, continuing Wednesday’s big sell-off after the U.S. got a credit rating downgrade. This has been a major drag on the bond market… Meanwhile, the U.S. economy appears to be losing steam, which may cause interest rates to go higher, which means bonds would continue to decline. So the bond market (TLT) is a falling knife right now that likely won’t see support until the $91.50 level — TLT is currently at about $95.70 in premarket trading. Rising rates are not good for tech stocks… That said, Apple (AAPL) and Amazon (AMZN) both report earnings after the close today, and both look to be breaking down as well. The Nasdaq 100 (QQQ) is also in a descending triangle pattern, and the S&P 500 (SPY) is falling after hitting a critical resistance level. All of that together tells me we could be in for some pain ahead — I’ll show you the technicals and and more in this morning’s “Premarket Must Watch”! In today’s all-new briefing, I’ll go over whether tech is ready for a breakdown and why… which sectors look ripe for long opportunities… what's going on with the bond market and why… the latest earnings outlook with top tech Apple and Amazon on deck… a global economy review… major tech levels on key indices you need to know about right now… and 4 small-cap, low-float stocks for day trading! This Might be the Most Important, Useful Workshop of My Entire Career If you look at just about any stock chart, you can find a unique pattern called an “M-Spike.” And I just held a special workshop teaching traders how to spot and trade it. I also covered how to avoid analysis paralysis, the “Four-Day Flip Strategy,” 12 top-performing M-Spike tickers, five popular chart indicators and more! You can gain special access to this training, 100% for free, just by clicking the link below! Don’t let this opportunity slip through your fingers… 🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE:
JOIN US HERE: https://us02web.zoom.us/j/81470521405 |
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