Market Clubhouse Morning Memo - September 21st, 2023 (Trade Strategy For SPY, QQQ, AAPL, MSFT, And TSLA)
Portfolio Pulse from RIPS
The Market Clubhouse Morning Memo discusses the trade strategy for SPY, QQQ, AAPL, MSFT, and TSLA. The memo provides price levels for these assets based on a proprietary formula that takes into account price, volume, and options flow. The memo suggests that traders should monitor these stocks closely and be prepared to leverage potential breakouts or reversals. The market movement for the day is expected to be influenced by reactions to the FOMC rate announcement and the hawkish outlook of the SEP dot plot.
September 21, 2023 | 1:37 pm
News sentiment analysis
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NEGATIVE IMPACT
QQQ experienced a decline overnight and is currently trading near 361.41. The memo provides bullish and bearish targets for the day.
The memo provides a bearish outlook for QQQ, indicating that it experienced a decline overnight and is currently trading near 361.41. This could potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
SPY has seen a significant drop overnight and continues to decline in premarket trading. The memo provides bullish and bearish targets for the day.
The memo provides a bearish outlook for SPY, indicating that it has seen a significant drop overnight and continues to decline in premarket trading. This could potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
AAPL is hovering around the target of 174.05. The memo provides bullish and bearish targets for the day.
The memo provides both bullish and bearish targets for AAPL, indicating that it is currently hovering around the target of 174.05. This could potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
MSFT is trading slightly above the support mark of 318.48. The memo provides bullish and bearish targets for the day.
The memo provides both bullish and bearish targets for MSFT, indicating that it is currently trading slightly above the support mark of 318.48. This could potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
TSLA is trading near the key target of 257.56. The memo provides bullish and bearish targets for the day.
The memo provides both bullish and bearish targets for TSLA, indicating that it is currently trading near the key target of 257.56. This could potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100