The Trading Digest: Daily Stock Ideas 6/6

Huge trend day in the markets. We had some news in Semi-conductors with TSM and ASML

This put a monster trend in the semis and coupled with the general market gap and grind mode in the QQQ we were off to the races. The QQQ is at ATH so is the SPY at this point all systems are a go. If we gap up tomorrow might be tricky but a flatg or weak open could unleash some real power.

Here is the econ news for tomorrow

7:30am Challenger Job Cut
8:30am Initial Jobless Claims
8:30am International Trade in Goods
8:30am Productivity and Costs
10:30am EIA Natural Gas Report

We are starting up our 60 day Trading bootcamp on June 10th! make sure to register. Old students checkout our new learning management system in it and features you will love it! Our students have lifetime access to all this

 

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