[LISTEN] 📈Markets on the Edge: Navigating the Danger Zone Amidst Rising Yields and a Strong Dollar
Audio Is Included!
Goodmorning Traders and Investors,
Welcome to our report for the week of May 29th. We will first issue our Market Breadth and analysis segment then we will issue another report tonight focused on stocks.
🎙Make sure to tune in to the Audio version of today’s report for a better experience!
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💥I want to start off the report by giving a massive congratulations to all of our premium readers who are more advanced set of traders for the moves on NVDA and AMD!
On October 23, 2022 we issued a publication saying “BUY WHEN OTHERS ARE FEARFUL” with NVDA and AMD being the main focus on this piece. Our years on Wall Street and fundamental analysis knowledge gave us strong conviction that NVDA and AMD we are great opportunity at $124 and $58.
🥳That turned out to be correct as NVDA is now 211% higher and AMD is over 100% higher since that mark!
In today report we will take a look at:
News that was announced over the weekend and how it could impact stocks.
S&P 500 overbought and oversold indicators
NYSE and NASDAQ breadth
QQQ Chart and potential opportunities we see on this chart.
US Dollar and how it could play a big role into the markets this week.
The 10 year treasury yield and its concerns it is causing.
SPY with a bullish trade thesis and a bearish trade thesis.
Bullet Point Notes At The End
13 Minute Audio included
Once again, the 13 minute audio version is included, and we will talk about stocks tonight with an emphasis on options activity we are seeing.