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000016 SSE 50 Index

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  • 2436.47
  • -8.74-0.36%
Trading Apr 19 09:39 CST
2444.02High2433.98Low
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    ColumnsThis Week's Possible Plays 5/16 - 5/20

    There are some good looking charts to play next week. Especially after then end of last week where we had a very green day on friday. Most of these are bullish plays and most of these plays are short term. Remember there are thousands of potential plays. There is money to be made all over the markets every day. Here are a few I will be watching for some short term momentum.  The US futures opened on the green side so these short term bullish plays are loo...
    This Week's Possible Plays 5/16 - 5/20
    This Week's Possible Plays 5/16 - 5/20
    This Week's Possible Plays 5/16 - 5/20
    +11
    6

    ColumnsBullish or Bearish?

    $Bitcoin(BTC.CC)$
         Bitcoin has been stuck in a massive range with swings as low as $28,800 up to as high as about $71,000. Currently the price is approaching this long term range’s support level it has not dropped below since the beginning of 2021. If you were bullish on BTC then this support level might be a good place to enter. If you were bearish on BTC then you might want to wait to see if this level gets broken before entering into any short positions on bitcoin relat...
    Bullish or Bearish?
    Bullish or Bearish?
    Bullish or Bearish?
    +1
    66

    ColumnsMonday's Earnings 5/2

    It is not a major day for earnings. Many small banks reporting again. There are some good names reporting earnings and may be worth a look.
    $MGM Resorts International(MGM.US)$
         This travel and leisure company may have performed well. Based off of airline companies earnings we have seen a lift in airline ticket sales. Also booking for cruise liners has been high as well. This could very well point to increased revenues in other companies in this sector. This is not ...
    13

    ColumnsMonday Outlook 5/2

    The main event for the week will be Jerome Powell's rate hike on wednesday this week. The Fed increasing interest rates is the main reason for the market correction these past months. A 50 basis point hike is expected. Anything different will surely move markets. we might even possibly get a big move in the markets off of the expected 50 point move as well.
          Many world markets will be closed for some time this week. Most importantly Chinese mainland markets will be cl...
    Monday Outlook 5/2
    Monday Outlook 5/2
    Monday Outlook 5/2
    +8
    2

    ColumnsPossible Short Plays Week 5/2 - 5/6

    The market is poised for some short term upside so it may be a bad week for shorts. But some of these value companies may see some weakness if tech outperforms next week
    $Campbell Soup(CPB.US)$ 
         Watch for a correction down to trending support or previous highs from several weeks ago.
    $Monster Beverage(MNST.US)$
         Watch for the bounce or break of support in this 4 hour price channel.
    $Ulta Beauty(ULTA.US)$
         ULTA has broken down out of a trending...
    Possible Short Plays Week 5/2 - 5/6
    Possible Short Plays Week 5/2 - 5/6
    Possible Short Plays Week 5/2 - 5/6
    +23
    26
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