Market Clubhouse Morning Memo - July 24th, 2023 (Trade Strategy For SPY, QQQ, AAPL, MSFT, META, And AMD)
Portfolio Pulse from RIPS
Market Clubhouse's Morning Memo discusses trade strategies for SPY, QQQ, AAPL, MSFT, META, and AMD. The analysis is based on a proprietary formula that considers price, volume, and options flow. The memo provides specific price levels for each asset and anticipates potential price movements based on these levels. The memo also notes that the session may be slow and uneven due to the lack of news releases and the upcoming FOMC rate decision.
July 24, 2023 | 2:24 pm
News sentiment analysis
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NEUTRAL IMPACT
AAPL is maintaining above 192.60. If the price remains above this level, the stock could target 193.18. If the price falters under 192.60, the bears could drive the price down to 191.76.
The analysis is based on the proprietary formula of Market Clubhouse which takes into account price, volume, and options flow. The price levels are updated daily.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
AMD is above the key level of 110.85. If this level remains firm, the upside target is 112.94. If 110.85 fails under aggressive selling, the bears could aim to reach 109.69.
The analysis is based on the proprietary formula of Market Clubhouse which takes into account price, volume, and options flow. The price levels are updated daily.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
META is above the key level of 293.91. If this level is supported by strong buying, the upside aim is 300.23. If 293.91 fails, the bears could target 291.18.
The analysis is based on the proprietary formula of Market Clubhouse which takes into account price, volume, and options flow. The price levels are updated daily.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
MSFT is above the key level of 343.68. If the stock sustains this level, the bullish targets are 347.85 and 349.67. If the price dips through 343.68, the bears could target 341.41.
The analysis is based on the proprietary formula of Market Clubhouse which takes into account price, volume, and options flow. The price levels are updated daily.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
QQQ is transacting between 375.18 and 377.58. Robust buying could push the price above 377.58, while failure to sustain above this level could lead to a test of the lows at 375.18.
The analysis is based on the proprietary formula of Market Clubhouse which takes into account price, volume, and options flow. The price levels are updated daily.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
SPY is currently oscillating between 452.55 and 453.54. An upward bid could push the price above 453.54, while a struggle to maintain above 452.55 could lead to a bearish attempt to reach 451.61.
The analysis is based on the proprietary formula of Market Clubhouse which takes into account price, volume, and options flow. The price levels are updated daily.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100