Market Clubhouse Morning Memo - September 12th, 2023 (Trade Strategy For SPY, QQQ, AAPL, MSFT, TSLA, META, NVDA, And AMZN)
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The Market Clubhouse Morning Memo discusses the trade strategy for SPY, QQQ, AAPL, MSFT, TSLA, META, NVDA, and AMZN. The memo provides price levels for these stocks based on a proprietary formula that takes into account price, volume, and options flow. Traders are advised to monitor these stocks closely and be prepared to leverage potential breakouts or reversals.
September 12, 2023 | 1:36 pm
News sentiment analysis
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NEUTRAL IMPACT
AAPL's position is a tad above 179.36. Bullish traders would want this level to serve as a bedrock, while a descent to 178.61 or even 178.18 is possible.
The stock's price is close to a certain level, and its movement will depend on market sentiments. The bullish and bearish scenarios provided indicate potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
AMZN is trading around 142.38. Optimistic traders are hoping this acts as a solid support, while a move down to 141.42 or even 140.52 is anticipated.
The stock's price is close to a certain level, and its movement will depend on market sentiments. The bullish and bearish scenarios provided indicate potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
META is hovering around the 308.16 mark. Optimistic traders would like this to act as a strong support, while a move down to 304.77 or potentially 301.71 is anticipated.
The stock's price is close to a certain level, and its movement will depend on market sentiments. The bullish and bearish scenarios provided indicate potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
MSFT's current position is just shy of 335.96. Bullish sentiments would favor a resurgence to this level, while a descent to 333.46 is on the cards.
The stock's price is close to a certain level, and its movement will depend on market sentiments. The bullish and bearish scenarios provided indicate potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
NVDA is trading near the 450.04 level. Bullish traders are targeting this as a stable base, while a move down to 447.05 or potentially 442.76 is in view.
The stock's price is close to a certain level, and its movement will depend on market sentiments. The bullish and bearish scenarios provided indicate potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
QQQ is trading close to 375.18. Bullish traders would prefer it to remain above this mark, while selling might test the 373.82 support.
The stock's price is close to a certain level, and its movement will depend on market sentiments. The bullish and bearish scenarios provided indicate potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
SPY is trading close to the pivotal 447.94 mark. Bullish sentiments would favor a move above this, while a bearish trend might pull it down to 446.31.
The stock's price is close to a pivotal mark, and its movement will depend on market sentiments. The bullish and bearish scenarios provided indicate potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
TSLA is currently positioned around 272.42. Bullish traders are eyeing a stable base here, while a downward shift to 269.48 or possibly 266.83 is anticipated.
The stock's price is close to a certain level, and its movement will depend on market sentiments. The bullish and bearish scenarios provided indicate potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100