🔥 TOMORROW WILL BE HUGE! SPY, ES, QQQ, NQ, NVDA, AAPL, TSLA PREDICTIONS! 🚀

Summary

In this detailed market analysis, the speaker evaluates several key stocks, providing insights on their current performance and potential future movements. Stocks like Tesla, Apple, and Nvidia show bullish trends, with price levels to watch closely for breakout opportunities. The speaker also emphasizes the importance of upcoming earnings reports and economic data, such as Nvidia's earnings and the FOMC minutes, which could heavily influence the market. Overall, the sentiment remains optimistic, with a strong bullish outlook for many major stocks, though caution is urged as market conditions evolve.

Takeaways

• 😀 Tesla's outlook is bullish as long as it stays above $350, with potential to break $370 if resistance is cleared.
• 😀 Nvidia's stock performance depends on upcoming earnings, with a potential surge to $140 if earnings beat expectations, or a drop to $131 if they disappoint.
• 😀 Apple is currently showing a bullish trend, and if it doesn't drop below $198, it could continue rising toward $2011 and $203 resistance levels.
• 😀 Netflix looks strong with a breakout forming; it should remain above $1200 to target $1220, and possibly even $1250.
• 😀 MSTR (MicroStrategy) could see a bounce back to $388 if it holds the 200 EMA and support around $360.
• 😀 Celsius shows promise after a dip, potentially retesting $36.5 before heading toward $38.
• 😀 Super Micro's performance is tied to Nvidia’s earnings: strong earnings could push it toward $45, while weak earnings could lead to a dip below $40.
• 😀 Palantir is trading sideways, but could retest $122.5 or dip to $120, depending on buyer defense.
• 😀 Rivian is showing lower highs, but may bounce off the $15 level to test $15.74 if buyers step in.
• 😀 SPY (S&P 500) has a bullish outlook, with potential to reach $592.5, and possibly up to $595 or $600, depending on Nvidia’s earnings and economic data.
• 😀 The broader market shows a bullish bias, with the potential for continued upside, although risks remain based on Nvidia's earnings and upcoming economic reports.

Q & A

What is the general sentiment for Tesla's stock in the script?

The overall sentiment for Tesla's stock is bullish. The speaker mentions a strong trend and accumulation, with a breakout potential above the resistance around 370. As long as Tesla doesn't lose the support level around 357, the outlook remains positive, favoring consolidation and eventual upward movement.

What level of Tesla's stock price is crucial for maintaining the bullish outlook?

The crucial support level for maintaining the bullish outlook for Tesla is around 357. If Tesla stays above this level, the stock is expected to continue its upward momentum. If it falls below this level, a potential cooling off or downtrend could occur.

What role do Nvidia's earnings play in the analysis?

Nvidia's earnings are seen as a key factor in determining the future movement of its stock and related stocks. If Nvidia reports strong earnings, the stock could see significant upside, pushing towards 140. However, if the earnings are poor, there could be a potential downside to around 131.

What are the potential price targets for Nvidia's stock based on its earnings?

If Nvidia's earnings are good, the potential price target is around 140. If the earnings are poor, the stock might dip to fill the gap around 131. The speaker highlights that big price moves after earnings are not guaranteed but would be significant if they occur.

How is Apple’s stock expected to perform in the near future?

Apple's stock is looking bullish with a strong double bottom structure and higher lows. The price targets are 2011 and 203 as resistance levels. The speaker expects potential upside before testing these levels, although a dip could occur if the stock loses 198.

What is the significance of the 198 level for Apple?

The 198 level for Apple is crucial as a loss of this level could trigger a dip to fill the gap. If Apple maintains above 198, the stock is expected to trend upwards toward the 2011 to 203 resistance area.

What is the outlook for Netflix’s stock in the script?

Netflix is showing a strong breakout pattern, with a bullish outlook as long as it stays above 1200. If the stock dips below 1191 or 1200, it could face further downside. However, as long as it holds above these levels, the next targets are 1220 and potentially 1250.

What is the analysis of MSTR's stock performance?

MSTR’s stock is seen as lackluster, hovering around the 200 EMA. The speaker believes that if MSTR holds above the support near 360, a bounce could push the stock back up towards 388. Otherwise, a further dip could occur.

What is the significance of Nvidia’s impact on Super Micro’s stock?

Super Micro's stock is highly dependent on Nvidia's earnings. If Nvidia performs well, Super Micro could see a boost, potentially pushing its stock towards 45 or higher. However, if Nvidia performs poorly, Super Micro could dip to 40 or below.

What is the general sentiment for the overall market as described in the script?

The overall market is described as bullish, with SPY (the S&P 500 ETF) favored for upside movement, potentially targeting levels between 592.5 to 600, depending on favorable news from Nvidia's earnings and FOMC minutes. The speaker emphasizes that while the outlook is positive, it is not guaranteed, and the market could still face volatility depending on upcoming data.