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

Writer's picture: Jamie EnglishJamie English

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|

VIX|

/CL|

 

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|

$TSLA 🚗|

 

As always, if you have a stock you'd like my ideas on, just ask! I hope y'all are ready to make some money friends! ✌️🌻

 

Where we going this week?!

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