The Trading Digest: Daily Stock Ideas 7/1/2024

Flat week for the markets overall. There has been a pullback and base in semi-conductors and overall just typical summer grind.  There was a small shift in money flow with buying in TSLA and AMZN mid week and a pull in the semis.  These semis are all starting to chop around and after the MU earnings and even DELL chopping around after earnings it might be time for a breather in some of these and maybe a shift to the laggards.

Not much econ news tomorrow.  We do have JOLTs on tuesday.   With a half day on Wednesday and Thursday off this will be a tricky week as Friday might be dead too.  There are some new names popping up to trade but many of the old ones are tired lets see if we can find some new heaters to trade.

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MONDAY, JULY 1
9:45 am S&P final U.S. manufacturing PMI June 51.7%
10:00 am Construction spending May 0.2% -0.1%
10:00 am ISM manufacturing June 49.2% 48.7%

 

Symbols from TC2000
WOOF
SYF
CMA
UBER
QCOM
ADBE
LNG
CAVA
ORCL
SNAP
PANW
ONON
CROX
FSLR
NKE
SAVA

 

 

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