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There was a lot of activity over the weekend. Let’s get to it!
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Table of Content
Insights
💫 Top ‘Must Know’ News on Wall Street?
Will there be war? Will large-cap earnings do well? Rate cuts?
📈 Stock Market Roadmap for 02.11.24 + 3 Dividend stocks we like!
Insights & trade ideas. Will there be war? Will large-cap earnings do well? Rate cuts?
Real-Time
Overnight Movement
News Dropped, saying the following:
Only to find out…
By the morning, we were positive.
Why do I share this?
My reaction can only be made when you follow these rules.
Never be oversized.
Understand ‘ANYTHING IS POSSIBLE’. If a crash happens overnight, are you positioned to keep trading, or will you have to call it quits?
Do not let news or a reaction get you rattled. Many people read the ‘unconfirmed’ bombing and tweeted that they were bombed. You can overlook specific wording.
News
Nio over $Tsla?
In theory, since China's economy has been on a downtrend for so long, one could assume that China will embrace NIO in full when the economy turns.
This is when it is great to research the CEOS Elon Musk and William Li. Who is more irrational? Who has a better understanding of their target audience? Etc.
As an investor these are all critical questions to ask.
U.S. passes Aid to Ukraine… again.
This is disappointing to most Americans because they feel that this money should be used to build and save our country from a gloomy, massive recession.
Looking at it from the U.S. perspective, if we are submitting ourselves as the big bad and tough country, then helping countries, invading countries, etc., are part of the story.
No matter how bad the economy gets for Americans, the US government will never compromise the country’s dominance.
Billionaire likes Disney Stock
This is for research purposes only. This is not a buy/sell alert on his portfolio.
Will the Fed Cut Rates?
Who knows… there are articles about why and why not to. It’s key to keep eye on the details. We may get a relief bounce in the market, but generally if rate cuts do not happen this year I do not believe we end the year on a positive note.
Economic Data
Top Earnings of the Week
Weekly Roadmap
Freebie Stuff:
$AMZN out of all of the large caps has the strongest bank sheets. If a compromise is made and no war occurs, AMZN could be a winner.
On Deck:
- We are looking at these 3 stocks stocks to add long term if these levels are met
- Futures Trading Key Resistance and Support Levels
- Option Trading Trade Ideas