To The Moon

Summary Introducing a new recurring series to help you gauge the current state of the economy and the market: The Macro Brief. This monthly series will showcase what our analysts say about the latest economic and market news and what it could mean for investors. We'll highlight the popular themes each month and provide counterpoints if applicable. In addition, we will provide a market and economic snapshot to review the month's most important numbers. Editor's note: Seeking Alpha is proud to welcome SA Editor Kevin M. Sanford as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ This table explains all you need to know about NIO's abysmal stock performance. 10 straight quarters of earnings misses. Either these guys are really bad at what they do or they're bad at guiding the market to expect something more realistic out of the company. I think it's more of the latter.ImageNIO down 4% premarket due to large 1Q24 revenue miss despite adjusted EPS beat. Here’s the company’s outlook for 2Q24.Imagehttps://x.com/BrianTycangco/status/1798952894064173303

$NASDAQ 100(NDX)$ Shooting star finding rejection at the higher Bollinger Band while oscillator is overbought.Usually enough for a reversal, the daily volume was low, so this one has to hold strong there to invalidate a pullback.Interesting chart ahead of Monday, when the $NVIDIA Corp(NVDA)$ split will be a fact. $NASDAQ(.IXIC)$ $Invesco QQQ(QQQ)$ $Technology Select Sector SPDR Fund(XLK)$ Imagehttps://x.com/SmartReversals/status/1799418370414051500

Here are some of the highest quality US companies. $Applied Materials(AMAT)$ $Arista Networks(ANET)$ $Fortinet(FTNT)$ $KLA-Tencor(KLAC)$ $Lam Research(LRCX)$ $MarketAxess(MKTX)$ $Mettler-Toledo(MTD)$ $MSCI Inc(MSCI)$ $Nucor(NUE)$ $NVIDIA Corp(NVDA)$ $NVR Inc(NVR)$ $Tractor Supply(TSCO)$

Some of the key takeaways from the latest edition:-The global growth pulse is turning up --soft data is trending distinctly “less bad”--likewise the slowdown in hard data growth rates is turning around--and even the leading indicators are turning up from previous warning signs---hence the macro edge risk of reacceleration and inflation resurgence is credible--investors need to think more about the idea of reacceleration---(yet we continue to monitor for downside/recession risk signs)-Central banks move into pause mode, and even pivot in places--the Fed remains on pause, with a high hurdle for cuts or hikes---others pivot: Sweden, Europe, Canada all cutting rates---EM has collectively pivoted to rate cuts----(notably China — making steps towards larger stimulus)--the bulk of tightening is l

This technical analysis tool measures market breadth by focusing on the advancing and declining issues, in this case for $S&P 500(.SPX)$ .The oscillator tracks the difference between the number of advancing stocks and declining stocks on a daily basis.Market breadth is important in trading because it helps to understand the health and direction of the overall market.The yellow arrows present how this indicator has bounced with the index following local bottoms.The current level seen in the oscillator shows a significant divergence with price that speaks by itself about how weak is the market. The oscillator has bounced even less than Oct 2023 in the middle of a correction.A divergence is a warning, not a timed signal, so it's worth watching th

Last trade of the week! It was an epic flush on $iShares Russell 2000 ETF(IWM)$ for over 200%!!! 🔥Heres the main bullet points so you can catch trades just like this one ⬇️• The Previous Day Low! Anytime price opens below the PDL that becomes the main resistance zone to watch. If price rejects it on the retest, keep your focus on puts.• When you see a support level getting this much respect. Keep that break on watch! It’s where the momentum will likely start to pour in!• Know your basic chart patterns! This “bear flag” looks straight out of a textbook. Adds confirmation on direction.• 2 minute strategy! We all know and love it. This trade checked all the boxes!Overall just great chart for us to study and learn from. Moves like this happen almost ev

Your equities view/positioning is (primary reason in brackets): $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2406(ESmain)$ [Bearish = rising yields] [Bullish = falling yields]Bullish (Fundamentals)29.7%Bullish (Technicals)26.5%Bearish (Fundamentals)29.2%Bearish (Technicals)14.6%Your *bonds* view/positioning is for practical purposes assume this is US ~10-yr Treasuries (primary reason in brackets): Bullish (Fundamentals)41%Bullish (Technicals)15.5%Bearish (Fundamentals)36%Bearish (Technicals)7.5%The Ten Biggest Stocks Through Time:Huge changes over the yearsMany came and wentFew stayed on topMakes you wonder what will 2030's

$Invesco QQQ(QQQ)$ Keep it simple.Simple is good.Simple is repeatable.Simple is easy to execute.Today’s pre market game plan took less than a minute to read, played out to a tee, and paid really well 🤙ImageCheck out yesterday’s post showing one of our staple Team2 setups, then compare it with today’s QQQ chart!The similarities are mind blowing 🤯 Simple repeatable setups is the name of the game. Find a couple! Rinse & repeat those things to the bank!Imagehttps://x.com/cs_tradess/status/1800378580993716451