Market Clubhouse Morning Memo - June 7th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Portfolio Pulse from RIPS
The Market Clubhouse Morning Memo for June 7th, 2024, provides a detailed analysis of SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The memo outlines key price levels and potential bullish and bearish scenarios for each asset. The trading session is expected to be influenced by the Non-Farm Payrolls report, which could impact market sentiment and trading strategies ahead of the FOMC Rate Decision next week.
June 07, 2024 | 2:45 pm
News sentiment analysis
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NEUTRAL IMPACT
AAPL is trading near 194.83. Bullish targets: 195.25, 195.67, 196.01. Bearish targets: 194.40, 193.95, 193.18, 192.76.
AAPL's price levels indicate potential for both upward and downward movements based on market conditions and economic data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
GOOGL is trading near 177.28. Bullish targets: 179.15, 180.46. Bearish targets: 176.23, 175.12, 174.01.
GOOGL's price levels suggest potential for both bullish and bearish scenarios depending on market reactions to economic data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
META is trading near 492.33. Bullish targets: 495.54, 498.03, 500.83, 504.54. Bearish targets: 488.81, 485.96, 483.11.
META's price levels indicate potential for both upward and downward movements based on market conditions and economic data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
MSFT is trading near 423.81. Bullish targets: 425.16, 426.00, 427.36. Bearish targets: 422.84, 421.62, 420.26, 419.17.
MSFT's price levels suggest potential for both bullish and bearish scenarios depending on market reactions to economic data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
NVDA is trading near 1,202.78. Bullish targets: 1,219.70, 1,234.19, 1,252.11, 1,268.45. Bearish targets: 1,194.44, 1,178.60, 1,166.09, 1,158.33.
NVDA's price levels indicate potential for both upward and downward movements based on market conditions and economic data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
QQQ is trading near 463.56. Bullish targets: 465.93, 467.90, 469.27, 471.33. Bearish targets: 462.14, 460.55, 458.83, 457.55.
QQQ's price levels suggest potential for both bullish and bearish scenarios depending on market reactions to economic data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
SPY is trading near 534.17. Bullish targets: 535.43, 536.31, 537.20, 538.30. Bearish targets: 532.56, 531.57, 530.77, 530.09.
SPY's price levels indicate potential for both upward and downward movements based on market conditions and the Non-Farm Payrolls report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
TSLA is trading near 176.34. Bullish targets: 179.79, 182.53, 184.10, 186.10. Bearish targets: 172.61, 169.70, 166.89.
TSLA's price levels suggest potential for both bullish and bearish scenarios depending on market reactions to economic data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100