Market Clubhouse Morning Memo - June 2nd, 2023 (Trade Strategy For SPY, TSLA, NVDA, MSFT, AAPL, and AI)
Portfolio Pulse from RIPS
Market Clubhouse Morning Memo focuses on SPY, TSLA, NVDA, MSFT, AAPL, and AI, providing price levels based on a proprietary formula. The memo recommends monitoring these stocks for potential breakouts or reversals and adjusting tactics based on market conditions.
June 02, 2023 | 1:34 pm
News sentiment analysis
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NEUTRAL IMPACT
Apple could see bullishness if it claims 181.25 as support, targeting 182.27 and potentially 183.40. However, if selling occurs, downside targets could be 180.60 and 179.36.
The article mentions that Apple could see bullishness if it claims 181.25 as support, targeting 182.27 and potentially 183.40. However, if selling occurs, downside targets could be 180.60 and 179.36. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
C3.ai could see bullishness if it reclaims 35.62 as support, targeting 37.23 and potentially 39.74. However, if selling continues, downside targets could be 32.65 and 30.93.
The article mentions that C3.ai could see bullishness if it reclaims 35.62 as support, targeting 37.23 and potentially 39.74. However, if selling continues, downside targets could be 32.65 and 30.93. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Alphabet could see bullishness if it breaks out to the upside, targeting 126.01. However, if momentum fails, downside targets could be 122.87 and 121.86.
The article states that Alphabet could see bullishness if it breaks out to the upside, targeting 126.01. However, if momentum fails, downside targets could be 122.87 and 121.86. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Microsoft could see bullishness if it reclaims 333.46 as support, targeting 335.96 and 337.80. However, if it fails to find strength above 333.46, downside targets could be 331.24 and 328.52.
The article states that Microsoft could see bullishness if it reclaims 333.46 as support, targeting 335.96 and 337.80. However, if it fails to find strength above 333.46, downside targets could be 331.24 and 328.52. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
NVIDIA could see bullishness if it holds support at 402.12 and breaks above 405.18 resistance. However, a break below 402.12 could lead to downside targets of 399.46 and 394.89.
The article mentions that NVIDIA could see bullishness if it holds support at 402.12 and breaks above 405.18 resistance. However, a break below 402.12 could lead to downside targets of 399.46 and 394.89. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
SPY could see bullishness if it breaks out of the upside resistance level of 424.52 and holds as support. However, if it tests the downside support level of 422.70 and fails, momentum could shift to the downside.
The article mentions that SPY could see bullishness if it breaks out of the upside resistance level of 424.52 and holds as support. However, if it tests the downside support level of 422.70 and fails, momentum could shift to the downside. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Tesla could see upside momentum if it breaks the resistance of 211.53, targeting 214.08 and potentially 217.78. However, a reversal could lead to downside targets of 209.51 and 208.48.
The article states that Tesla could see upside momentum if it breaks the resistance of 211.53, targeting 214.08 and potentially 217.78. However, a reversal could lead to downside targets of 209.51 and 208.48. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100