NQ Update

Appears poor guidance from MSFT killed the attempted melt up, futures went from green to red AH yesterday and never recovered. Europe selling off didn't help either. At this point I think we hit oversold on RSI or MFI or both.

PCE numbers Friday, Fed and ECB meetings next week.

Sold all my PCAR stock on the gap fill, probably done for the week. Made decent money on what I thought was a FOMO trade, and it exceeded my target all in one day yesterday, lol.

Comment:

I mean imagine the market actually caring about earnings, lol.

TSLA after hours today, INTC tomorrow afternoon

Comment:

Indicators are neutral right now, direction probably depends on TSLA guidance tonight

I'm hoping down, oversold, and play the bounce for CPE numbers Friday premarket.

Could go either way so staying out. If you're bearish or bullish on TSLA, you might as well play it directly with options because the premium is less than 5%

All cash.

Comment:

MFI is dropping during this rebound, not feeling that bullish for TSLA earnings.

We'll see if it goes oversold tomorrow premarket, then I might take a small long bet for PCE numbers Friday. All or nothing one day bet with weekly calls I think.

Comment:

Unemployment and GDP numbers tomorrow. The way it's looking, I think they pump bad numbers again. Could be a gap up tomorrow.

This market is all a guessing game on news, lol. Either way I think MFI hits oversold and we ge a pump Friday