Pre-Market Plan - Friday May 10th, 2024
Market Direction
Its hard not to be bullish anymore.
Breadth
S5FI
🟢1YR 🔴5YR
R2FI
🟢1YR 🟢5YR
VIX
(Inverted) 🟢1YR 🟢5YR
TA
SPY
🟢Above the 50D 🟢3 Green Closes
VIX
🟡Steep Decline and has gotten very low. Careful
TLT
🟢 Looks Bullish (Not my expertise)
Oil and Copper
USOIL
🟢Cup and Handle
COPX
🟢+1.44% Pre-market biggest sector ETF mover. Stanely Drunkenmiller recently commented on the demand for Copper in Evs and
Sectors Up Pre-market
COPX
- Copper Miners
PAVE
- Infrastructure
XME
- Metals and Mining
XBI
- Biotech
Bulls
FIX
APP
EME
GCT
AXP
FTAI
GE
POWL
ML
Bulls Upcoming Earnings
LWAY
VTSI
PANW
NVDA
HOV
ANF
Bears
TSLZ
is the only one I am interested in give the market conditions today.
Market Direction
Its hard not to be bullish anymore.
Breadth
TA
Oil and Copper
Sectors Up Pre-market
Bulls
Bulls Upcoming Earnings
Bears
"At least 50% of the whole game is the general market."
-William J O'Neil
"Don't let anyone tell you that you can't time the market"
-William J O'Neil - Chapter 9
-William J O'Neil
"Don't let anyone tell you that you can't time the market"
-William J O'Neil - Chapter 9