The Trading Digest: Daily Stock Ideas 6/25/2024

 

QQQ showed some real weakness. We are on day 3 of a much needed pullback as the market had reached some extreme overbought levels.  A little bit more weakness we will go from overbought to oversold heading into MU earnings on wednesday.

We are light on econ reports this week so its in a little bit of a deadzone pre-earnings but there are some really good setups going in to tomorrow

TUESDAY, JUNE 25
7:00 am Fed Gov. Michelle Bowman speech in London
9:00 am S&P Case-Shiller home price index (20 cities) April 7.4%
10:00 am Consumer confidence June 100.0 102.0
12:00 pm Fed Gov. Lisa Cook speech

 

Folks Levi has been putting on a show in our futures and options trading room

https://x.com/Stock_Hunter89/status/1805334145817886948

Just some monster trading there!  Check out his free trial 

 

 

 

 

 

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