$SPY and $QQQ are nearing resistance when if broken turns to support - 5-18-23 Market update

$SPY and $QQQ look good - should you buy $TQQQ

$HD earnings - an over reaction opportunity  

A look at $SPY weekly and whether we are in a bull or a bear market for a weekly perspective  

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NOTES

A fed governor (Logan) just said - data does not justify pausing in June - markets took a leg lower in premarket

Unemployment claims were not as bad as hoped. 

$SPY - butting up against $420 - still confirmation on the weekly 

$QQQ - still great confirmation on the algo - looks great

$UPRO in bull market vs. bear market

$TQQQ in bull market vs bear market

Rebound in $HD

$PXD earnings expected to be 40% lower than last year. That’s where energy is getting killed

$DPST

$SCHW - hit the bond market for $2.5 B 

Tik Tok ban in Montana - bullish for $META

ChatGPT portfolio is up 1% so far 

John from fb - $amt 

Dman on Youtube -

I think there is a gap fill opportunity on ticker $onon and I can't tell if Im reading it right to short it. I think it will fill the gap at 19 and then go back up to fill those two gaps on the upside. My thing is if a gap happens more then once in a couple day spand whitch one does it normally fill first. This one is a tricky one. I'm waiting to go long untill under 20.

Gabrielle from FB 

Hi Gary! 

I purchased American Express at 164$ - I preferred it against Visa due to low PE. 

What is your opinion on this stock ? I am realizing the purchase price might be a bit too high .. 

Thanks a lot !!

Scans

$XOM

$SPG

$CHRD

$UDOW

$VIG

$FDX - cross up but Jim Cramer just said he loves the CEO, loves the company and has the club buying at this level 

$INTC

$HON

$LCID

$SBUX

$ODFL