Market Clubhouse Morning Memo - December 13th, 2023 (Trade Strategy For SPY, QQQ, AAPL, MSFT, TSLA, NVDA, META, And GOOGL)
Portfolio Pulse from RIPS
The Market Clubhouse Morning Memo discusses trading strategies for SPY, QQQ, AAPL, MSFT, TSLA, NVDA, META, and GOOGL based on proprietary formulas involving price, volume, and options flow. The analysis provides bullish and bearish price targets for each asset. The memo also highlights the importance of the upcoming PPI data and FOMC rate decision, which could lead to high market volatility. RIPS, a professional trader, curates the memo and offers real-time mentorship to Market Clubhouse members.
December 13, 2023 | 3:22 pm
News sentiment analysis
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NEUTRAL IMPACT
AAPL has bullish targets up to 198.22 and bearish targets down to 191.25, with current support at 195.25. Anticipate volatility from economic announcements.
AAPL's short-term price direction will be sensitive to the market's interpretation of the PPI data and FOMC decision. The trading strategy outlines possible price levels, but the actual price action will be contingent on the overall market sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
GOOGL has bullish targets up to 134.96 and bearish targets down to 129.52, with current support at 132.84. Anticipate market reaction to PPI data and FOMC decision.
GOOGL's price levels are subject to change based on the market's reaction to the PPI data and FOMC rate decision. The trading strategy provides a framework for potential price levels, but the actual stock movement will be determined by the market's overall reaction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
META has bullish targets up to 340.66 and bearish targets down to 321.03, with current support at 332.41. PPI data and FOMC decision could trigger volatility.
META's stock price will be influenced by the market's reaction to the PPI data and FOMC rate decision. The trading strategy outlines potential price action, but the actual movement will depend on the market's response to the economic events.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
MSFT has bullish targets up to 381.64 and bearish targets down to 368.79, with current support at 376.70. Economic data releases may drive volatility.
MSFT's stock price may fluctuate based on the market's reaction to the PPI data and FOMC rate decision. The provided price targets are indicative of potential moves, but the true direction will be determined by the market's overall reaction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
NVDA has bullish targets up to 489.04 and bearish targets down to 458.20, with current support at 473.81. Market sensitivity to PPI data and FOMC decision expected.
NVDA's stock price may see significant movement based on the market's interpretation of the PPI data and FOMC decision. The trading strategy provides guidance on price levels, but the actual direction will be influenced by the overall market mood.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
QQQ has bullish targets up to 405.66 and bearish targets down to 390.09, with current support at 399.67. Market volatility anticipated with PPI and FOMC news.
QQQ's price movement will be influenced by the market's reaction to the PPI data and FOMC rate decision. The specified levels provide a framework for potential price action, but the actual impact will depend on the broader market response.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
SPY has bullish targets up to 471.40 and bearish targets down to 456.88, with current support at 464.92. High volatility expected due to PPI data and FOMC rate decision.
The SPY is expected to experience high volatility due to the upcoming economic data and FOMC decision. The provided price targets suggest potential movement, but the overall market reaction to the events will dictate the direction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
TSLA has bullish targets up to 242.47 and bearish targets down to 225.60, with current support at 233.49. PPI and FOMC announcements could affect stock volatility.
TSLA's price could be impacted by the market's response to the PPI data and FOMC rate decision. While the trading strategy suggests specific price points, the actual market reaction will ultimately drive the stock's direction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100