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[SP500, QQQ, TSLA, AAPL]

In today's video, we're going to address the overall Market Once again, I'm going to share with you all the stocks to keep in watch for today and potentially also for tomorrow. All right, so let's dive right into it. Right off the bat, we got the NASDAQ and yesterday by the way, yesterday the CPI report was out and it came out to be hotter than expected. The expected was 3.6% and what actually came out was 3.7 The Market didn't really react that much to it.

It was a bit of a chop Fest yesterday and the price didn't really go nowhere like we closed at 15,500 on well on on Tuesday and then we closed near the same price on Wednesday today. It's not really gapping up that much, but there is something to definitely keep on watch. Today the core Pbii came out and that one came out to be less than expected, which is a good thing I think it came out to be like 0.2% versus the expected of 0.4 So right now the only thing I I see on this chart is the Bulls are getting more and more momentum. They're being more in control with the markets again.

The best thing for BS is for the right shoulders get wider and wider and so far we're not seeing that drop here. All right, the right shoulder. This is the right shoulder again if you haven't. If you haven't been following my videos, definitely watch the previous videos, but the right shoulder is getting very, very wide and right now what I see is, let me just remove all of that.

what I see on the charts I just want to clean it up first. is this level right here of resistance that must be that is about to be broken actually I don't know how fast is going to be broken or if like just watch the first 5 minute of the market. If it breaks then today is going to be. It's most likely going to be a phenomenal day for long and we could see the Spy push all the way up to 4580 today like all the way up to this green circle right over here right there for like a 1% or 1.5% move.

All right, so keep your eyes out for the Spy A lot of socks are gapping up right now. they were beating down for quite some time but they're they're they're recovering all right now. let's look at the first St to keep on watch the first St to keep on watch is Google once again um I shared Google with y'all I told you guys watch it for it. move up to 140.

it didn't get to 140 is been playing games since Monday like I think I shared this with y'all on Sunday night and since then and it's just been playing around at the same price at 136. today is the day Again, the structure is looking very similar to that of the spy from here all the way out to here. All right and this is the moment where it breaks out and runs to not just 140 but I Think it can go a little bit higher than that? I Think it can go to 142 by either the end of the day or by F by Friday morning. All right.

so set your alerts like I did on the chart at at 137 60, maybe 65 somewhere around here and then watch for how it opens I Think if the opening is very ferocious and the volume is great, the odds are good. the odds of a massive most to at least 140 today are good. All right, so keep your eyes out for Google Um, the bullish rectangle is still present. All right.
It's still clean. it never really the price, never really got under it like it got over here. and then it's been dropping and dropping and now it looks like it finally wants to make that next move higher. So keep that one on.

Watch for today before we move up here. I Move somewhere out here. right now. the next one that we're going to look at today.

Uh, we're going to look at the Chinese sector and the Chinese sector has been demolished for a while now and right now JD is only up by 1% which is a good sign. It's not too high to the point where you feel like you're chasing like it's It's right next to the lows and it's trying to make it turn around. it's been fighting at Supports Supports is Right AT 3150 and it's boun in Pre Market it's Moun pre market SE Your alerts right here at 32.7 because I think this one can move like watch the other stock in that same sector as well I think we can see a move to 3250 today for JD and obviously I think Baba is going to move as well I don't know which one is going to move the most, but I do know that the JD contracts are pretty nice. they they're pretty nice and if JD has like outperforms the other ones then the contracts are really going to pay off.

So watch JD for a potential long is looking good. premarkets now. Um, the next one. let's check out Baba.

Let's look at how Baba is goinging all right Baba is up by 1.8% a performing JD right now let's look at the okay. the 4 Hour is bouncing off of Supports. the next level of Support is right over here. all right right there.

and yeah so my my thoughts and opinions are are the same for both both stocks in the sector. Let's do an updates on Tesla all right now Tesla This one had a bullish panex that gapped up on Monday and the move to 180 was, um, was inevitable. it moved to 178. it's been chopping at 172 since then I don't know exactly which way is going to move? um I want to lean bullish I just don't know how fast is going to run like I don't know how long it's going to keep playing games right here that I don't know.

All right, but I'm I'm still waiting. Set your alerts out 275 and if it rings, watch for an intraday structure for it, move higher I don't think it's is quite done yet. I Told I told everybody in the Discord on Monday that the price was 280 and it didn't fight. Get here all right.

This might be like. this might be similar to to Xep where it moves really really close to it and then drops and then consolidates for a few days and then on the very very last day it gets up to 280 and maybe even to. but it might be. it might be the same scenario.

So keep Tesla on watch for a potential move higher and watch for in this structures for close. All right. Now the last. The last sector that we're going to look at today.
that sector is the banking sector. Banks We're going to look at JB Morgan and JB Morgan is trying to make a recovery right now and it's actually the money is Flowing slowly into all of the banks which is a good thing. Um, a lot of them moving higher right now. Golden Stat is also moving higher.

This one is gapping up right now and there's a level of resistance right here. Their shorts right at 14770. If they get taken out then we could see a major move on the banking sector. maybe up to 150.

So keep JPM on watch as well for today and that is the end of the video Again, Do not forget to demolish that like button. Don't forget to subscribe if you haven't already. These videos are released from Monday to Friday 15 to 20 minutes before the Market opens to have early access to those. Definitely become a channel member by clicking on the join button and clicking on morning videos.

All right. if you like a private, Discord Community Would get all of this information in real time as I see it. Find that as the first link in the description of the video below. If you haven't follow me on social media yet, you can find me at Paul and Knowledge Lab on Instagram and on Twitter.

And lastly, if you're interested in getting some free stocks with We, you can find that as a third link in the description of the video below. My name is Pauma Know live for TR Patterns and patterns only and I will see all of you in the next video.

By Stock Chat

where the coffee is hot and so is the chat

5 thoughts on “Why stocks are soaring!”
  1. Avataaar/Circle Created with python_avatars Old Lion says:

    UAW strike is going to reverse this plus there is no more news that can push it further up. Inflation is not going to drop any more. Rates are not going down anytime soon barring a black swan event.

  2. Avataaar/Circle Created with python_avatars Paul Taylor says:

    I have to be honest, I have learned so much from you. I feel like more than anyone else on YouTube. They way present your visuals and how you explain your concepts makes it easier to follow.

  3. Avataaar/Circle Created with python_avatars Ramon says:

    $VFS

  4. Avataaar/Circle Created with python_avatars Robert Gray says:

    Why are they soaring? I missed it 😂

  5. Avataaar/Circle Created with python_avatars Eric Thomas says:

    Thanks for keeping us financially educated ❤ I'm favoured, regardless of how bad it gets on the economy, I still make $27,000 every single week.

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