JoyofJamie's Stock Market 💡's 11|06|2022

Jamie English
Nov 6, 2022
1 min read

What a week, down, up, down, up. What do we think for this week? I'd like to see us pull back initially maybe a gap down. To start out I would like to see CPI come in under 5%YoY.. We'll see how that goes. I will not base any plays off CPI, but I will play the volatility. Who knows really, but let's see what the charts have to tell us.

We'll start with VIX, /ES, and I'm going to chart out /NQ and CL this week also. I've never traded /NQ before, so I won't add an analysis on them just level I see.

/ES|

For/ES this week I'd like to see a pull back, I honestly wouldn't be upset by any means if /ES sees 3668 again this week. Overall: I'd like to see a push up at some point. I will not get overly bearish yet, as history just doesn't agree that it's time to.

/NQ|

I only chart /NQ on the weekly, so I am going to play these high TF levels, and see what kind of results they pose. It did bounce off the bottom of a weekly channel 4 weeks ago. Definitely looking to me as if it may want to retest it.

VIX|

VIX .. Woo, I mentioned last week that I noticed the VIX was being manipulated 2 weeks ago. A few months ago I got tunnel vision on these gaps. I have let it go, but this manipulation with midterms coming leaves only one common sense answer. I am still eyeballing a VIX play, and if it gets close this week I will make a post specifically for it.

/CL|

/CL like I said, never played it. But I'm going to try a long over 93-94 if I see it.

I'm gonna add some blue chip stock ideas here. I've been loving the returns and continuation on tech stocks these last two weeks opposed to $SPY and $QQQ, but I won't be trading options much until Dec-Jan..

$AAPL 🍏|

This $AAPL weekly chart is really my main watch as far as stocks. I wanna see this double bottom confirm. If we close above 138 with relative strength on higher TF's, I'll likely start a swing call pos.

$NVDA|

I've been watching this baby since the beginning of October and she's doing exactly what I planned.. Not crazy about this weekly hammer, but I'll just be watching it. this week. I've caught all I cared to for the upside here, I won't give back those gains trying to get more.