Market Clubhouse Morning Memo - January 4th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, TSLA, GOOGL, META, and NVDA)
Portfolio Pulse from RIPS
The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, TSLA, GOOGL, META, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for each asset and advises traders to stay alert for breakouts or reversals. Significant employment data and December's Final Services PMI may induce market volatility. The memo is part of the Market Clubhouse membership, which offers daily market analysis, a watch list, and real-time trading mentorship.
January 04, 2024 | 2:45 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
AAPL's bullish targets are set from 184.59 to 185.86, with bearish targets from 182.96 to 180.10. Market data releases could impact these levels.
AAPL has clear bullish and bearish targets, but the short-term impact is neutral given the potential influence of employment data and PMI on market sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
GOOGL's bullish targets are from 140.05 to 140.57, with bearish targets from 138.39 to 136.94. Market data releases could impact stock movement.
GOOGL's price targets are provided, but the short-term impact is neutral due to potential market volatility from the release of employment data and PMI.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
META's bullish targets span from 347.67 to 353.60, while bearish targets range from 342.89 to 340.66. Employment data and PMI may induce fluctuations.
META has clear price targets, but the short-term impact is neutral, with market volatility expected from employment data and PMI.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
MSFT's bullish price levels range from 373.48 to 375.93, while bearish levels range from 370.10 to 365.35. Employment data and PMI could sway prices.
MSFT has specific bullish and bearish targets, but the short-term impact remains neutral due to the potential effects of the employment data and PMI on the market.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
NVDA's bullish targets are from 481.27 to 485.93, with bearish targets from 476.94 to 467.34. Employment data and PMI could sway prices.
NVDA's price targets are outlined, but the short-term impact is neutral due to potential market volatility from upcoming economic data releases.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
QQQ has bullish targets from 400.95 to 404.76 and bearish targets from 398.57 to 393.96. Employment data and PMI may cause fluctuations.
QQQ's price movement is outlined with specific targets, but the direction is neutral due to potential volatility from upcoming economic data releases.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
SPY's bullish targets range from 470.63 to 473.40, while bearish targets range from 468.16 to 465.35. Market volatility expected from employment data and PMI.
The SPY is expected to experience volatility with specific price targets provided, but the impact is uncertain due to external market factors like employment data and PMI.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
TSLA's bullish targets are from 242.49 to 248.37, with bearish targets from 238.50 to 233.49. Employment data and PMI may affect stock volatility.
TSLA has outlined bullish and bearish targets, but the short-term impact is neutral, with market volatility expected from employment data and PMI.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90