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 $NYSE:ML
Bulls Upcoming Earnings
LWAY 
VTSI 
PANW 
NVDA 
HOV 
ANF
Bears
$NASDAQ:TSLZ is the only one I am interested in give the market conditions today.
Market Direction
Its hard not to be bullish anymore.
Breadth
S5FI 🟢1YR 🔴5YRR2FI 🟢1YR 🟢5YRVIX(Inverted) 🟢1YR 🟢5YRTA
SPY 🟢Above the 50D 🟢3 Green ClosesVIX 🟡Steep Decline and has gotten very low. CarefulTLT 🟢 Looks Bullish (Not my expertise)Oil and Copper
USOIL 🟢Cup and HandleCOPX 🟢+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 MinersPAVE - InfrastructureXME - Metals and MiningXBI - BiotechBulls
FIX APP EME GCT AXP FTAI GE POWL $NYSE:MLBulls Upcoming Earnings
LWAY VTSI PANW NVDA HOV ANFBears
$NASDAQ:TSLZ is the only one I am interested in give the market conditions today.
"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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
"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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.