Jumat, 29 Juli 2022

Explosive Day For Stocks… And Is Energy Up For Another Rally?

Plus Roger's top ETF and Option Pick.
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This single indicator is flashing DOZENS of stocks right now.
Click here for details.

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Apple earnings preview … Amazon earnings previewAnd what to expectThe GDP and the bond market togetherTop sector to watch right nowEnergy making a comeback?Top ETF and Option Pick for you! Click Here To Watch Now!

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Folks, if I didn't say we had a great monthly call for July then it wouldn't be right on me.

We went bullish after July 4th, stayed bullish all month and now we're approaching my target 4070 with two days to go.

Take a look at this text I sent out yesterday afternoon:

"Folks. Today the 4070 number is in sight. I told you about this based on my 3-day algo. I am reducing exposure into the close." ~ TBUZ

That's my feeling. I'm pulling it in to get ready for another month in August.

As far as the market goes we had GDP this morning, followed by big earnings this afternoon with AAPL and AMZN. These two stocks are at their highs of the week so these reports will be interesting.

I'll be using a pivot number of 4042 today on the ES (S&P 500 futures). My pivot is above the current market but if we get above that we'll see a rush to 4070, so that's the key number for me.

We took a nice little profit yesterday in CBOE and we'll be looking for another opportunity as early as next week.

Listen to last night's recording here. My newsletter is becoming really popular to give people a monthly direction and how to navigate it.

Get today's Pre-Market Planner Numbers here.

~ TBUZ

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The Russell 2000 Small Cap IWM ETF is stronger on the week than the other indices. It's even stronger than Healthcare XLV, though just slightly.

Note strongest to weakest list of ETFs on the left.

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Kind words from our best students:

"Your QQQ open play has been very good for me. Out of 12 trades, I am positive on 10. Thanks."

Don S., a premium subscriber to Tom Busby

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