Weekly Plan 6/30
Summertime magic
Hello traders,
Hope you had a great weekend.
We had an excellent week last week and even the twitter followers joined in the fun.
We also caught some great globex trades which you can see of my twitter feed.
I have been much more active on Telegram with my profanities and livestreams so it is unwise to share them all here :)
Moving on,
We have a short week this week and all eyes are on Powell Tuesday and NFP Friday.
Broader picture wise, Nasdaq is up 17% YTD and SPX also up about 15% where as RTY is only up 1.15%
Here is a snippet from last year’s August 21st weekly plan and a prediction in it.
We predicted SPX to close above 4832 from 4360 and it reached 4793.30
Half the year is in the bag and this year the prediction for SPX is to close 5970 or above on EOY.
Again, these are fun predictions and we do not base our intraday trading based on these.
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Moving on,
I have been interested in the Uranium ETF ($URA) and I think at about 28-30 per share is a decent entry to build a position over time.
Other smaller ideas I’m looking at are PARR 0.00%↑ (PARR) and VKTX 0.00%↑ (VKTX) which seem to have upside potential.
Weekly Levels:
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