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During the Midweek Market Update we review the best stocks for options trading. We go over key levels of support and resistance and create an actionable game plan for the week of May 22nd 2024.
00:00 – Nvidia Earnings Recap
01:15 – Nvidia Gap Strategy (NVDA)
09:20 – Broad Market (SPY, QQQ, IWM)
18:08 – Trade Ideas (V, GILD, QCOM)
If you're a day trader looking to make fast money online options trading, you certainly need to keep these areas of support and resistance in mind, as well as any technical patterns, before the opening bell on Monday morning. Stock analysis like this will save you a ton of time.
Going into the day with a plan is important and will give your options trading the edge you need to be a successful retail day trader. This stock analysis gives you that edge.
Instead of looking at stock market news and googling 'stocks to trade today' or best options to buy today, every Monday morning, technical analysis makes my job a lot easier. A quick glance at the stock chart can tell me where to expect buying and selling battles.
Our core watchlist are the stocks that are always on our options trading weekly watchlist. Some people call them hot stock picks but we like to call them our ATM.
Nvidia Smashes Earnings – How to Trade the GAP UP Tomorrow
#OptionsTrading #TradeIdeas #TechnicalAnalysis
DISCLAIMER: The information provided in this video is for informational purposes only. It should not be considered financial or legal advice. I am not a Registered Investment Advisor. Buying and selling financial instruments is highly speculative and carries risk.
Nvidia Smashes Earnings – How to Trade the GAP UP Tomorrow
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