The Trading Digest: Daily Stock Ideas 6/25/2024
QQQ showed some real weakness. We are on day 3 of a much needed pullback as the market had reached some extreme overbought levels. A little bit more weakness we will go from overbought to oversold heading into MU earnings on wednesday.
We are light on econ reports this week so its in a little bit of a deadzone pre-earnings but there are some really good setups going in to tomorrow
TUESDAY, JUNE 25 | |||||
7:00 am | Fed Gov. Michelle Bowman speech in London | ||||
9:00 am | S&P Case-Shiller home price index (20 cities) | April | — | 7.4% | |
10:00 am | Consumer confidence | June | 100.0 | 102.0 | |
12:00 pm | Fed Gov. Lisa Cook speech |
Folks Levi has been putting on a show in our futures and options trading room
https://x.com/Stock_Hunter89/status/1805334145817886948
Just some monster trading there! Check out his free trial
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