What Moneyvest said in this video:
- TQQQneutralThe host sold a TQQQ put as it gapped down, and the trade is already up over 57%.Source
- SOXLbullishSOXL rebounded from $97-98 to 107 and pulled back below 105, but the host is a buyer under $100 and already bought at 97.50.Source
- Inflationnegative for stocksWholesale PPI is higher than CPI, indicating inflation is putting more pressure on stocks.Source
- Market BreadthneutralMarket breadth near 70% is causing concern; based on the indicator, when it is inside the red rectangle it is time to be very cautious and careful.Source
- QQQbullishNasdaq 100 buyers stepped in after a rising wedge breakdown, hitting resistance near 26,756 and getting rejected at 26,754, with support staying under 26,000; the pattern of higher highs and higher lows continues.Source
- AAPLbullishApple is making higher highs and higher lows and has been at an all-time high for three days, with resistance at the all-time high and support at 318, 319, down to below 300.Source
- AMZNneutralAmazon is validating support, with 245-246 as a demand zone and resistance up to 263-264.Source
- TSLAneutralTesla has support at 355-350 and is struggling with resistance at 386-387, consolidating sideways.Source
- NVDAbullishNvidia looks very attractive after a 10%+ correction, with support at $210 and resistance at $228, consolidating in that range.Source