| | | | | Today’s TBUZ TV
I'm LIVE with my Sawgrass event this week! If you have not done so yet, be sure to review the special report that I released last week by clicking here.
"If everyone is moving forward together, then success takes care of itself." - Henry Ford
 
Monday
- Sawgrass
- 8pm Futures First Open House
Tuesday
- Sawgrass
- 10:45am Connect the Dots
Wednesday
- 3pm Open Flash
- 8pm Midweek Market Update
Thursday
- 10:30am Academy Open House
Friday
- 3pm Weekly Wrap Up
 Market Editorial - Chuck Crow
The Start of this Week
The open of June is 5898.75, That open is 109.25 points below the high of May at 6008.00. After a large rally on Wednesday to stretch to that high, ES futures pulled back both in the back half of the week. Key support should be Friday's low at 5853.25, though Friday’s low did push below Thursday’s low. So the first question for this market will be is it done moving lower. To break the trend , the market would need to move above Friday;s high at 5932.75, and start to track down the May high at 6008.
 This Week’s Stock to look at.
On Monday we have an earnings report from Campbell’s Soup Company (CPB). Last week CPB dropped to 32.95 low, which was the low of May. The Stock has been moving down lately. It does show some resistance at last week’s high of 34.60. If the stock can push past that resistance then we may get a challenge of the 35.71 open from May 21. CPB has an ex dividend date in early July, and they do pay a dividend at the rate of 4.58%.
Last Week’s Stocks
HPQ dropped to 23.59 but was able to climb back to close the week at 24.91, and after a bad earnings report is still down below the 30.00 resistance.
TGT climbed back to 97.77 but also dropped to a Friday low at 93.25. The resistance for this stock is still at 103.00.
CSCO is still staying above the 62.24 high from May 13, but with Friday’s low at 62.30 the price could easily move below the 62.24 support so keep a close eye on this one.
SMCI opened Friday below 41.00, and did not move back above. Friday’s low was 39.05, and the 38.50 support is holding for now. Unlike the previous week, this one is not really trending, but it did push a little lower than the previous Friday’s 39.11 low
News for the Week
Probabilities for the Week
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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