Trading the Charts for Wednesday, November 1st
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Here are my deep dive newsletters…
Lots of important companies reporting today and tomorrow…
Equity futures…
Indexes from yesterday…
Sectors from yesterday…
Rates — I don’t love seeing the 10Y back to 4.9% after hitting 4.8% yesterday morning
We’re still seeing more net-lows than net-highs
Market performance — most sectors look good the past couple days which helped push the % of stocks above their 50d from 15% yesterday morning to 19% going into today.
$TNX — big bounce yesterday off the 20d sma, hit a low of 4.80 then ripped higher into the close
$VIX — good to see it under 20, finding support at the 200d ema
$CL1! — oil is certainly not a headwind in the low $80s
$SPX — still below the 200d
SPY
RSP
QQQ
QQQE
IWM
IWO
ARKK
Deepvue screen #1: AER ANET APLE AR ARCB ARCH BRY BSM CCJ CRK CRNX CRWD DHT DRS E EPR EQNR EQT ESTE EURN FANG FMX FRO FTAI GBDC GEL HCC HLT INSM INSW LBRT LNG LPG LULU MPC MRC MRO MTDR MUFG NOW NR NU OBE OLK OTTR OVV PANW PBR PBR.A PDD PNT PR PUMP RBA RELY RRC SHEL SNPS SRRK STNG SWN TDW TIMB TK TNK TTE UEC UUUU
Criteria: market cap above $500M, above 20d sma, above 50d sma, above 200d sma, average volume above 300k, YoY sales growth above 20%
Finviz screen #1: ACGL AGI ANET ANF BAH BRBR CCJ CHRD CRWD DB DHT DLR EPR ESMT EURN FRO FTAI FTI GBDC HOLI HQY ICPT INSM INSW IONS KGC LPG LULU MRTX NOW NTNX NU NVO PANW PR PSN PUMP RBA RELY SKWD SMPL SNPS SPOT TDW TK UEC VRT VRTX VTEX WFRD WING ZS
Criteria: price above $5, market cap above $500M, above 50d sma, above 200d sma, average volume above 400k, QoQ sales growth above 15%
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