Pullback was rough today but we live to trade another day. Always protect your capital! Red days are a good day to buy stocks cheaper. SPY recently hit all time highs and I see this pullback as a necessary one to continue the bullish run.
ABNB – will debut tomorrow in the market. I will be on the lookout to see how it behaves.
AI – recently debuted today in the market. C3.ai Inc. AI, +120.21% kicked off its public life Wednesday with a big bang, as the stock opened 138.1% above the initial public offering price. With C3, business users can build custom applications that run AI models without writing code, or they can use pre-made tools that are tailored for the needs of different industries, such as helping banks spend less time on loan applications or helping manufacturing companies with predictive maintenance. Microsoft (MSFT) is invested in AI and has doubled their money, just like Salesforce (CRM) has taken a stake in SNOW before debut.
DIS – recent price target upgrades from 175-178, I’ll be watching for price action.
DIS – Could see 158+ here soon if this bull run continues.
RKT – Inverse head and shoulders formed on the daily chart, I’m expecting a bullish move tomorrow.
RKT – Inverse head and shoulders. Look for a bullish move tomorrow.
SPX – Staying in this rising wedge and we have approached the bottom of it. It is a bearish pattern so if it breaks this, then we will see more red tomorrow.