| | | | | Today’s TBUZ TV
Right now the market is focussed on the tax bill. I think that will be the key news to watch for. I'll be live this afternoon at 3pm ET for a daily wrap-up. The link will be https://dtitrader.com/live
"Believe you can and you're halfway there." - Theodore Roosevelt
 
Wednesday
- 10am - Academy
- 3pm - Daily Wrap-Up
- 8pm - Midweek Market Update
Thursday
- 8:30am - Sunrise Signal
- 10:30am - Academy
Friday
- 8:30am - Sunrise Signal
- 3pm - Weekly Wrap-Up  Market Editorial - Chuck Crow
ES futures opened this week at 5930.25 and held support at 5892.75. The market climbed past last week’s close at 5948.00 and moved up to a new high of May 5993.50. On Tuesday the market pulled back to a low at 5926.75, and opened Wednesday night at 5953.50.
Target Corporation (TGT)TGT opened the week at 96.76. The high of the month remains at 103.00, and the high of the quarter remains at 107.08. TGT reports earnings on Wednesday May 21. They still have the potential to climb through the May high to the April high. If they continue climbing past that level, the March open was 125.27, and the open of the year in TGT was 135.75. Cisco Systems Inc (CSCO)CSCO opened the week at 63.43. Last week it did rally to 65.75 on Thursday, but that was the high water mark. The low on that day was 62.92, and that is quickly becoming a solid level of support. Real support is likely around 62.24, which was the high from May 13. Super Micro Computers (SMCI)SMCI opened the week at 44.23, and has been moving back down. It dropped to a low at 42.40 on Tuesday. The stock has maintained a level above 41.00, but is falling slightly. If this stock can stay above 41.00 then the position should still be working.
APA Corporation (APA)APA opened the week at 17.33. It dropped to 16.89 on Monday, but climbed back to 17.44 on Tuesday. Tuesday’s low was 17.16. The stock has slowed its rally, but other than a brief drop on Monday it has been able to maintain its position above 17.00. The Broader Market After a rally last week the market has settled down to a grinding pace around the 5949.25 open of the year. We have made new highs, but the chart to the right shows a flatlining of this market since Friday of last week where the open was 5935.00. The lows of the past 3 days have been 5923.00, 5892.75, and 5926.75. If the market can stay above Tuesday’s low, it may just develop into a more bullish phase.
News for the Week
Probabilities for the Week
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