Market Clubhouse Morning Memo - December 18th, 2023 (Trade Strategy For SPY, QQQ, AAPL, MSFT, META, NVDA, TSLA, And GOOGL)
Portfolio Pulse from RIPS
The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, META, NVDA, TSLA, and GOOGL, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for these assets and advises traders to monitor the stocks closely for breakouts or reversals. The session's volatility may be influenced by the NAHB Housing Market Index and Treasury Bill Auction. The memo is part of a service offered by Market Clubhouse, which includes a live daily market analysis and real-time trading mentorship by a professional trader known as RIPS.
December 18, 2023 | 3:16 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
AAPL has bullish targets up to 198.22 and bearish targets down to 193.18. The 195.67 level is crucial for determining the stock's direction.
AAPL's short-term impact is neutral, with the memo providing a balanced outlook with specific levels for traders to monitor.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
GOOGL has bullish targets up to 134.96 and bearish targets down to 129.52. Traders should monitor the 132.84 level for direction.
GOOGL's short-term impact is neutral, with the analysis indicating both bullish and bearish scenarios, depending on the stock's ability to hold 132.84.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
META has bullish targets up to 340.66 and bearish targets down to 328.13. The 335.12 level will be critical for determining the stock's short-term trend.
META's short-term impact is neutral, with the memo outlining potential for both upward and downward movements, depending on the stock's ability to hold above 335.12.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
MSFT has bullish targets up to 373.48 and bearish targets down to 362.81. Traders should focus on the 368.79 level for market direction cues.
MSFT is expected to have a neutral short-term impact as the analysis suggests watching for the stock's ability to maintain the 368.79 level.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
NVDA has bullish targets up to 499.62 and bearish targets down to 470.17. The stock's ability to stay above 489.04 is key for traders.
NVDA's short-term impact is neutral, with the memo providing both bullish and bearish price levels, suggesting a balanced approach to trading.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
QQQ has bullish targets up to 408.80 and bearish targets down to 398.57. The key level to watch is 404.76 for potential support or resistance.
QQQ is also expected to have a neutral short-term impact as the memo outlines both bullish and bearish scenarios, indicating a balanced view.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
SPY has bullish targets up to 475.02 and bearish targets down to 464.92. Traders should watch for the ability to sustain 470.63 as a support level.
The SPY is expected to have a neutral short-term impact as the analysis provides both bullish and bearish targets without a clear direction, suggesting a wait-and-see approach.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
TSLA has bullish targets up to 262.68 and bearish targets down to 239.92. The 252.38 level will be important for traders to watch.
TSLA's short-term impact is neutral, as the memo suggests potential for both gains and losses, with 252.38 as a pivotal level.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90