New streak

Outlook 07/23: Stock futures are little changed Tuesday, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month. The SP500 climbed 1.08% Monday and saw its best day since early June as tech shares bounced back. In a return to megacap tech names, Nvidia popped 4.8%, regaining some of its losses from last week, while Meta and Alphabet were both up more than 2%. Google-parent Alphabet and Tesla are due to report earnings after the bell. Those reports will mark the Street’s first look at how major tech-related names fared during the second quarter. 

/ESU24 (SEP2024): YVAH 5614 YPOC 5609 YVAL 5586 GAP 5610.25

/ES Plan: Yesterday market closed bullish (PBT 5660), and overnight continues on that way (PBT 5627), moving above previous value, so these're the opening and initial balance options for today:

A) If market moves above HVE-YPOC 5609 with bullish internals, buy towards ONH 5618 HVE 5627 and PBT 5660.

B) If market moves below HVE-YPOC 5609 with bearish internals, sell towards YVAL-HVE 5586 and GAP 5548.

Note: Market opens inside value. Don't be 'too anxious'. Let the market lead. Bad trades occur when you try to force things to happen. 

Market Movers

10:00 AM Existing Home Sales
10:00 AM Richmond Fed Mfg. Index
01:00 PM 2-Year Note Auction
01:00 PM Money Supply 

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