Great ariticle, would you like to share it?

Pre-Bell Primer | Today's Trading Landscape

@TigerOptions
Hello fellow tigers! The journey of wealth creation and preservation has been nothing short of a roller coaster ride in recent times. Whether you're a seasoned investor or a curious novice, here are some insights that will set the stage for your trading day.[Grin] Inflation Inflation has been a central concern for investors and policymakers alike. The latest data shows that the consumer price index (CPI) rose by 3.2% from a year ago, which is a slight decrease from previous figures. Core inflation, which excludes the volatile components of food and energy, has maintained its stability, increasing by 0.2%. While these numbers are slightly more favorable than anticipated, they still offer a nuanced picture of the economy's health. Today, keep a watchful eye on the producer price index (PPI) as it provides further insight into inflation's trajectory. Indexes The stock market has seen its fair share of turbulence this week, leaving investors wondering about the road ahead. The S&P 500 has experienced a minor retreat of 0.2%, while the Nasdaq Composite has seen a more significant drop of 1.23%. Both indexes are on track for a second consecutive week of declines. The Dow Jones Industrial Average, however, stands as the outlier with a modest 0.3% gain so far. As you prepare to make your moves, remember that market sentiment is largely shaped by the week's performance, and the upcoming sessions could be pivotal. Important points to take note of before the market begins for day/scalp traders: $Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ(.IXIC)$ Source: TradingView Buy Calls/Sell Puts when the price is above 369.70. Take profits when the price reaches 371.75-373.95 or anytime when you’re in profits. [Great] Buy Puts/Sell Calls when the price is below 363.40. Take profits when the price reaches 360.25-362.55 or anytime when you’re in profits. [Great] $SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$ Source: TradingView Buy Calls/Sell Puts when the price is above 447.50. Take profits when the price reaches 448.90-451.50 or anytime when you’re in profits. [Great] Buy Puts/Sell Calls when the price is below 443.75. Take profits when the price reaches 440.10-442.20 or anytime when you’re in profits. [Great] 243.50 or anytime when you’re in profits. [Great] Set stop-loss according to your risk appetite if you like my ideas and choose to take the triggers. Take profits early if low volume or the price action does not look good. [Victory] Disclaimer: The levels given are my own opinions and not investment advice. If you choose to follow the trade, do note that you are responsible for your own money. Prioritise your own risk management, expel emotions & focus on your trading plan. [Observation] Intraday trade strategy/guide: Trading Made Easy | Using Fibonacci to Trade Profits Introduction to J.O.I.T (1) Three Major Types of J.O.I.T(2) Have an idea to share? Feel free to comment below. Follow @TigerStars @CaptainTiger @MillionaireTiger @TigerPM
Pre-Bell Primer | Today's Trading Landscape

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet