Daily Market Brief
Wednesday May 15, 2024
The CPI print today was pretty much in line with the market guess and the rally higher is in tact. One thing I talked about in the Sunday outlook (read here) was the bull/bear battle at key levels on SP500 and Nasdaq.
TSM 0.00%↑ made another high today and I gave this to you guys last week to watch in the free post. This is a mover - if you missed this go to the post and read it and put this on your radar for the next 6 months.
MSFT 0.00%↑ is on a tear, my target is $430 on that and has been for the last two weeks.
TSLA 0.00%↑ - Outside day reversal (when you trade above the prior day range and fail) is bearish. I had notes on Sunday about this name and it’s diverging from the other names.
Webinar tomorrow night - 8pm EST on Zoom. For any members or perspective members. A good time to ask questions and learn how the TLV Report can help your research and generation of long/short ideas.
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