To The Moon

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] Stock futures remained mostly flat as investors awaited the release of Federal Reserve meeting minutes, with the Dow Jones Industrial Average futures down 0.1%, and S&P 500 and Nasdaq 100 futures both declining by around 0.1-0.2%. The Fed's July meeting, during which rates were raised to their highest levels in over two decades, was set to post minutes at 2 p.m. ET. Economic data on housing, industrial production, and capacity utilization were also anticipated. Despite a recent losing session where major indexes dropped over 1%, companies like $H&R Block(HRB)$ and $CAVA Group Inc.(CAVA)$ saw gains on strong quarterly reports, while $Target(TGT)$ rose even after the retailer lowered its full-year outlook. Concerns over financial stocks arose as Fitch warned of potential credit rating downgrades for numerous banks, adding to sector challenges following recent downgrades by Moody's. China's weaker-than-expected retail sales and industrial production data, coupled with an interest rate cut by the central bank, also impacted investor sentiment. As the month progresses, major indexes are on track for losses in August, with the Nasdaq Composite and S&P 500 set to drop around 5% and 3.3% respectively, and the Dow projected to decrease by 1.7%. Trade Ideas $Amazon.com(AMZN)$ Source: TradingView The stock broke out from a down trendline but was unable to see a continuation. Currently flirting around the down trendline. Buy Calls/Sell Puts when the price is above 137.90. Take profits when the price reaches 138.35-138.85 or anytime when you’re in profit. [Great] Buy Puts/Sell Calls when the price is below 137.10. Take profits when the price reaches 136-136.65 or anytime when you’re in profit. [Great] $Roblox Corporation(RBLX)$ Source: TradingView As the price consolidates with drying volume, this stock might be set for a breakout anytime soon. Keep a lookout. Buy Calls/Sell Puts when the price is above 30.80. Take profits when the price reaches 31.70-32.50 or anytime when you’re in profit. [Great] Buy Puts/Sell Calls when the price is below 29.30. Take profits when the price reaches 26.25-28.15 or anytime when you’re in profit. [Great] $Invesco QQQ Trust-ETF(QQQ)$ Source: TradingView The index might affect the market sentiment in individual stocks. Keep a lookout at key levels 364.65 and 367.20. 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) Follow @TigerStars @CaptainTiger @MillionaireTiger @TigerPM