SUNDAY ARETE NEWSLETTER
Major tech earnings this week! Are you prepared?
We had a great week with a lot of confirmation moves but now we are moving into earnings season. APPL MSFT FB TSLA AMD all report this week and this will create a lot of Volatility.Make sure you are prepared.Know the earnings dates and estimates of each. It will affect the entire market. Especially the tech sector will have wild swings after hours.Know where your key levels are in your stock portfolio.Have an entire plan as to not be reactive.
The $SPY continue to grind higher. There is zero signs of anything negative building. We have as I have described in the past the slow grind up. We did test minor support and held the level.The $QQQ Continue to be the leader. Usually Bull markets begin with tech leading semis and biotech and then other parts get involved. It is my belief that we are in the beginning stages and not the tail end.We will however let price dictate our moves.The $IWM reversed opening at the low of the day and closing at the high encapsulating the whole bar. there is a small wedge forming. Could flip or be a key rejection spot.
Lets Look at our Indexes!
Lets look at our stocks !
Subscribe to You Tube! 👈 Subscribe and turn on notifications.There are several ideas in the one posted today. We covered the Newsletter with actionable points and process. There is a possible stock idea at the end of the video in a small 2 min clip.This could have massive potential .
HERE IS THE NEWSLETTER IN A SHORT VIDEO. FOLLOWED UP BY A POSSIBLE STOCK IDEA.
As always all investment decisions need to be made by the individual.We all have different risk profiles.No two people trade the same.
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