TechnicalHunter
TechnicalHunter
Profile:Focus on stocks, SPX, IXIC, DJI, IWM, ETFs movements!
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Strong earnings is helping prop up the market!

Perfection ? U decide .ImageBefore Tuesday trading:Stock futures in the US were mixed on Tuesday, with contracts on both the S&P 500 and the Nasdaq 100 losing about 0.3% while $DJIA(.DJI)$ futures rise 200 points. ImageStrong earnings is helping prop up the market!Bank of America ( $BAC) Found Buyers at the Blue Box Area as Expected. Q: What is UnitedHealth 2024/Q1 Earnings Preview? Morgan Stanley (NYSE:MS) Q1 earnings soar, hits $15.1B revenue
Strong earnings is helping prop up the market!
Amid war fears & economic jitters, the $USD Index(USDindex.FOREX)$ & $Gold - main 2406(GCmain)$ $SPDR Gold Shares(GLD)$ climb while BTC dips.Traditional safe-havens break their usual dance as investors hedge against global uncertainties. BTC faces headwinds: prices fall, ETF interest wanes, & outflows persist. Yet, upcoming Hong Kong BTC ETFs could shake things up. Key takeaway? In war-fogged markets, steer clear of leverage, and watch for more spot buys. Patience could pay—expect brighter days ahead. Save capital, stay sharp.
@Tiger_Chart:Can the Recent High in Gold Prices Continue to Rise?
$E-mini S&P 500 - main 2406(ESmain)$ $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ Price continues to trade right at this diagonal trend zone originating from December 6th, 2023.Image
Yesterday marks a historic moment for $Grayscale Bitcoin Trust(GBTC)$ ETF with the 'Least Worst Dumpage Ever' - only a -17.5M outflow(least outflow)
@nerdbull1669:Bitcoin's Recovery Rally - Key Level To Bullish Momentum

The $Tesla Motors(TSLA)$ is Bottom Forming?

Magnificent Seven Stocks Performance:Company Name2024 YTD Performance $Alphabet(GOOGL)$ +12.21% $Amazon.com(AMZN)$ +22.2% $Apple(AAPL)$ -11.87% $Meta Platforms, Inc.(META)$ +46.3% $Microsoft(MSFT)$ +13.36% $NVIDIA Corp(NVDA)$ +72.36% $Tesla Motors(TSLA)$ -28.82%It looks like the trends of $Apple(AAPL)$ , $Tesla Motors(TSLA)$, and other individual stocks are opposite.Especially Tesla has been maintaining an up
The $Tesla Motors(TSLA)$ is Bottom Forming?

Why some major healthcare stocks taken a dive today?$UNH

$UnitedHealth(UNH)$ -31.56 -6.44% Cyberattacks, higher medical costs, and lower Medicare Advantage reimbursements damage earnings.@JoeyTechnicolor$UNH - $445.68 is next support to watch. It seems it holds that level over past 2 years. Possible for a reversal from here.@elango_mi
Why some major healthcare stocks taken a dive today?$UNH
Bank of America's "sell-side indicator" edged up 22 basis points in March to 55%, its highest level since May 2022. The Sell Indicator is a contrarian sentiment indicator that tracks the average recommended allocation to balanced fund stocks by Wall Street sell-side strategists. When this indicator is the same as or lower than the average recommendation, then there is a 94% chance that stock market returns will be positive over the following 12 months.
@Do_Trading:SPX "Recent Pullback Amidst Rising Tensions"
Bitcoin Blastoff.Image
$Advanced Micro Devices(AMD)$ #AMD This VWAP(volume-weighted average price) zone has been a bounce spot in the past.Image

$BA looks promising, but have 5 five key challenges

$Boeing(BA)$ Volume shelf setup here going into next week with a volume gap above up to $203.50.The volume shelf setup for $BA looks promising, especially with that gap up to $203.50. It would be interesting to see if it can maintain momentum or if any resistance is met near that level.Boeing troubles continue after its CEO Dave Calhoun announced that he will be resigning at the end of 2024. The stock $Boeing(BA)$ is down 23.97% year-to-date. The company faces five key challenges this year: 1. Legal battles: Boeing is facing civil lawsuits and potential criminal liability following incidents involving its aircraft. The bigger danger to Boeing is the prospect of criminal liability. 2. Regulators are pressuring
$BA looks promising, but have 5 five key challenges

Market is at All Time Highs, $AVGO & $GS Call Options

Powell has finished speaking. Market is at all time highs. $DJIA(.DJI)$ $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ We just witnessed history: The S&P 500 has officially added $10 TRILLION in market cap since its October 27th low. Since October 27th, the S&P 500 is up a whopping 1,150 points, or 28%. That means the index has added $10 trillion in 97 trading days, or $103 billion PER DAY since October 27th. AI hype and Fed pivot hopes are literally adding trillions in market cap for stocks. How high can this go?Image $S&P 500(.SPX)$ is up 9.5% in the first 55 trading days of 2024, the 15th best start to a year going
Market is at All Time Highs, $AVGO & $GS Call Options

Options Trade plan for Thursday| SPX, NVDA, COIN

Premarket plan $S&P 500(.SPX)$ watch 5260 next, if SPX closes through this level we can see a run to 5300 by tomorrow. Calls can work above 5260$NVIDIA Corp(NVDA)$ 935 can come today, needs to hold 919. NVDA setting up for 1k by April 940C can work above 919 $Meta Platforms, Inc.(META)$ watch this run to 522 by tomorrow 520C can work above 513$Coinbase Global, Inc.(COIN)$ possible we see 273-280 if Bitcoin can move back through 69k. 270C can work above 260
Options Trade plan for Thursday| SPX, NVDA, COIN

Boeing Pump it 🔥 Worth Considering Long Position at This Level?

On Wednesday, $Boeing(BA)$ shares surged by 3.67%, displaying a certain level of activity. This rise didn't breach the previous low point, indicating some strength in the upward movement. Is it worth considering going long at this level? Does the upward momentum seem sustainable?ImageDaily chart $Boeing(BA)$ Options Chain
Boeing Pump it 🔥 Worth Considering Long Position at This Level?

2 setups AFTER FOMC to grow my account| SPX Options Strategies

If you're looking for a great trade after FOMC here are 2 setups I would be waiting for AFTER FOMC to grow my account Trigger $SPX over 5200 Trade Idea: $S&P 500(.SPX)$ March 22 5250C Target: 5250 Trigger $S&P 500(.SPX)$ under 5147 Trade Idea: $S&P 500(.SPX)$ March 22 5100P Target: 5100 Why wait until after FOMC? Because nobody knows how the market will react to FOMC/Powell. Too hawkish and we may see a sell off.. If Powell has dovish statements hinting at rate cuts soon we can see a huge rally leading into next week. It's best to WAIT to see how the market reacts to Powell's statements and his answers to the q&a before considering a trade. Reacti
2 setups AFTER FOMC to grow my account| SPX Options Strategies

$MSFT breaking out, and it could do so again today

$Microsoft(MSFT)$ hit a new record high yesterday. And it could do so again today. $MSFT up nearly 1%$Microsoft(MSFT)$ stock surged to a fresh record high on Thursday after the company announced the launch of its latest artificial-intelligence assistant, Microsoft Copilot for Security.Microsoft plans to further integrate/monetize this technology in the future. This will fuel vigorous growth. The stock’s price continues to appreciate strongly.Generative AI is affecting the tech giant’s fiscal performance, but it’s still early stages. Microsoft is just beginning to benefit from this groundbreaking technology.Still Not Too Late to Buy This Unstoppable Artificial Intelligence (AI) Stock?Will
$MSFT breaking out, and it could do so again today

TSLA & GLD Show Bullish Sign, COIN The Breakout Continues

$Tesla Motors(TSLA)$ Closed right at the bottom of the descending triangle support zone Yesterday.@Jake__Wujastyk$SPDR Gold Shares(GLD)$ The Golden Chalice Breakout TrendSpider $Coinbase Global, Inc.(COIN)$ The breakout continues.@Jake__Wujastyk
TSLA & GLD Show Bullish Sign, COIN The Breakout Continues

Healthy Pullback Incoming? Analyzing Key Support & Indicators

Market Pullback: Bounce or Break? Analyzing Key Support & Indicators Price retraced as overbought technicals and price action signaled. $S&P 500(.SPX)$ : Found support at the 10 day moving average. Shorter timeframes show a bullish candle at the close, offering some hope. See 4H circled. However, the daily oscillator suggests its downward move is just starting, aligning with the recent bearish crossover. $NASDAQ(.IXIC)$ : Found support at the 20DMA, will this hold again? Oscillators suggest otherwise, given the bearish crossover. Positive factor is the low volume suggesting a lack of conviction in the current price action. $Tesla Motors(TSLA)$ : Bearish
Healthy Pullback Incoming? Analyzing Key Support & Indicators

MSTR Executive Chairman, 10% Owner Sells 5,000 Shares

$MicroStrategy(MSTR)$ Microstrategy Breaks 2021 Highs Impulsively $MicroStrategy(MSTR)$ stock jumps 23% as it unveils $600m offering to buy more Bitcoin.$MicroStrategy(MSTR)$ stock price is up more than 170% over the past month compared to BTC's 56%. The company has outperformed Bitcoin by more than 3x. MicroStrategy chairman @saylor has retained his bullish Bitcoin stance, stating he will continue to buy the world's biggest cryptocurrency forever, adding that the cryptocurrency is stronger than gold. ImageIn a statement on 4 March, MicroStrategy revealed that it intends to raise $600 million to buy more Bitcoin. The funds will be issued in the form of senior con
MSTR Executive Chairman, 10% Owner Sells 5,000 Shares

The Bull May Continues in March, $NVDA Targets $970 by mid-April

US stocks rallied to close out the best February for the $S&P 500(.SPX)$ and Nasdaq Composite $NASDAQ(.IXIC)$ in nearly a decade as investors digested a crucial inflation reading.Both the Nasdaq and S&P 500 had their best February's since 2015.As a result, several tickers also ended the month on record highs. $NVIDIA Corp(NVDA)$ $Meta Platforms, Inc.(META)$ $Chipotle Mexican Grill(CMG)$ $Advanced Micro Devices(AMD)$ $JPMorgan Chase(JPM)$ $Lennar(LEN)$
The Bull May Continues in March, $NVDA Targets $970 by mid-April
$MicroStrategy(MSTR)$ Monthly chart saw a massive breakout with stocks tesing new 52-week highs.As BTC broke through new highs since november 2022.Closed right below the trendline resistance, $1050 & $1062 break on high watch,Above those levels it can fly to $1300+ quickSupport on watch at $863Image

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