NQ Midday Update

RSI close to overbought with MFI divergence.

FB earnings could go either way, and TSLA looks topped out at $1000. MFI divergence on the daily for TSLA and RSI is way overbought.

Comment:

I just told one of my followers, I've noticed a lot less Chinese scam ads on FB lately, if they're cracking down on scam ads ten their revenue is gonna take a hit.

The vast majority of FB ads were scams until about a month or two ago. Not the best business model, if that's what your revenue relies on.

Comment:

BTW, if any of my followers are lawyers, you could make a killing with a class action lawsuit against FB for knowingly promoting Chinese scams in their ads. Their dating site is about 1/3 scams too.

I'm not stupid enough to lose money on crap like that, but I have some friends who have. FB ads are worse than Wish, lol.

Comment:

Well, there's your FB earning pump. Not very big, market could wind up filling the gap tomorrow morning.

They also mentioned AAPL's privacy policy, so I'm not sure this helps tech at all, aside from the bump QQQ gets from FB gapping up.

MSFT and GOOGL earnings after close Tuesday

Comment:

Hard reversal on TSLA

MSFT, GOOGL, AMD, TXN, V earnings after close

Comment:

I said yesterday the market would fill the gap.... not how I had guessed though, lol

Comment:

Futures slightly red because of GOOGL, I doubt we see a pump tomorrow.