The Trading week ahead: Update Monday morning UK 06/02/23:

StopHunter
2023-02-06

A treat for you this week! Please find attached the 'full' week ahead report that I send out to members of THE STOP HUNTER Traders Club - includes more detailed analysis, charts, trade ideas etc. Access from link below. If you are interested in receiving this on a regular basis or want to join THE STOP HUNTER Traders club then please find out more at the end of this article....

TRADERS CLUB WEEKLY REPORT 06/02/23

Usual weekly summary below..........

OVERVIEW:

  • Quieter week ahead in terms of scheduled economic news releases. Look out fir Australian interest rate increase from 3.1% to 3.35% on Tuesday.
  • The ‘hawks’ were out last week – FOMC / ECB/ BoE hitting positive sentiment.
  • Stock markets: US / European looking strong and breaking up – can they hold the bullish momentum?
  • Commodities: Oil, Gold etc pulling back from highs. Chinese demand very important for future bullishness.
  • Soft commodities complex hotting up.
  • China / US concerns on balloongate!
  • Crypto complex upside momentum slowing?
  • Another busy week for US earnings after last weeks big tech stock releases.

Trending on Social Media cthis morning:

  • USA: Adani, C3 AI, TSLA, BBBY, GNS - Sectors: AI
  • UK: Adani, TMC, $Meta Platforms, Inc.(META)$ ETA, SHOP, MRNA
  • AUD: TMC, Adani - Sectors: Vanadium
  • SA: AMZN, Shoprite, Tencent - Sectors AI

Stock markets: China / India stock markets bullish momentum slowing? US and Europena markets breaking up - can they hold this momentum? Signs of US index pull back? SP500 4114, NDX100 12488, DAX 15306.

Commodities: Metals after a strog january pulling back across the complex. Oil / Energy also weaker. One bullish area is softs: FCOJ, Sugar No11 pushing higher.WTI trading 73.76, Gold Trading 1885.

Crypto: Crypto as I pointed out last week is highly correlated to US stock market performance and has also showed signs of slower upside growth with a possible potential pullback ahead? BTC trading at 22863, ETH pulling back from last week to 1633. Best of the rest (bullish opportunities): DASH, WOO.

Forex: story in FOREX is a continued strengtheniung of the US Dollar. AUD, GBP looking weaker. CHF, CAD picking up gains. EUR holding strong.

Pair combo ideas: (see attached report for currency strength for Majors and Emerging Market currencies):

  • -GBPUSD -AUDUSD -GBPCH +USDCAD +USDJPY

Scheduled economic news events to watch out for this week: (Times = GMT)

US Earnings to watch this week - (see attached report for more detail) My picks of the week: ATVI, FISV, CMG, CNC, RCL, $Walt Disney(DIS)$ , YUM, ABBV, AZN, PM, PYPL, MSI, RL, UA.

Chart of the week: $C3.ai, Inc.(AI)$ :

C3.ai – the future of tech?! An AI stock picking up bullish momentum? Upside targets $50, $75, $95.

THE STOP HUNTER Traders Club!

What do you get: Hosted on YouTube. Weekly market trading report, monthly members live webinar meeting, monthly traders academy event, trade signals / ideas / ask me questions via Telegram chat group,   (check out the below video for more detail or hit this link: THE STOP HUNTER TRADERS CLUB )

If you’d like to find out more about what I do, you can get in touch with me via:

  • Email: info@thestophunter.co.uk
  • Website: www.thestophunter.co.uk
  • YouTube: @thestophunter

Good luck with the trading!

Stephen

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • historyiong
    2023-02-07
    historyiong
    when it comes to investing in forex and binary...earning a profit that worths $12,000 in just $1500 is something that worths a try
  • Meet0
    2023-02-07
    Meet0
    Disney streaming LOST $1.5 BILLION in the 4th quarter. Why is that?
  • Harun Bin Hassim
    2023-02-06
    Harun Bin Hassim
    Great ariticle, would you like to share it?
  • DIMCO
    2023-02-07
    DIMCO
    Oh did the short Squeeze start?
  • BlueDragon
    2023-02-07
    BlueDragon
    ok
  • lewisleeks
    2023-02-07
    lewisleeks
    like
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