Watchlist 2023-02-02 #META #GOOGL #AAPL #SIRI #LCID #HBI
SPY had a shallow pullback after the Fed announcement and continued the day will insane bullish momentum. key indicator before the meeting was spy calls and puts 100 points out. Typically before these meetings, pouts have a premium, but yesterday longs had an 0.80 cents premium. Then, after the announcement there was a quick flush that held the key 402 support. After that it was long all day long. Today, now that it’s past the 410 resistance, look for dips in names with high RVOL breaking key resistance, especially semis that were lagging AMD. Next Res is 420.
The META earnings is a huge catalyst for all the tech sector. META is up 30% so it's a no trade for me but others look good at these levels.
GOOGL - If it can hold above 104.60, (Pivot and 200MA) interested in a long. Might have to wait until the momo settles.
AAPL - Gapping over 146.70 pivot and 200MA in anticipation of earning After hours. . Watching these closely today for any pullbacks. The fakeout below 142 PD is a big indication that early longs were flushed out and shorts were trapped.
SIRI - Gapping down on earning anticipation. If we can hold below 5.70 there could be a scalp momo short there.
Watching LCID above 12.25, MARA over 8.00, both for daily buy setups
The META earnings is a huge catalyst for all the tech sector. META is up 30% so it's a no trade for me but others look good at these levels.
GOOGL - If it can hold above 104.60, (Pivot and 200MA) interested in a long. Might have to wait until the momo settles.
AAPL - Gapping over 146.70 pivot and 200MA in anticipation of earning After hours. . Watching these closely today for any pullbacks. The fakeout below 142 PD is a big indication that early longs were flushed out and shorts were trapped.
SIRI - Gapping down on earning anticipation. If we can hold below 5.70 there could be a scalp momo short there.
Watching LCID above 12.25, MARA over 8.00, both for daily buy setups