Market Report for Jul 21 2022
With the S&P 500 and Nasdaq Composite breaking out of resistance, this allows for us to look for new trading opportunities. Keep in mind many stocks have yet to release their earnings so we want to enter any trades outside of the earnings window.
All of our current trades ended Wednesday’s session positive.
Once again, Nasdaq is leading the way and now trading some 13% off its lows while S&P 500 is about 9% off its lows.
TSLA earnings were reported last night which took the stock up slightly post-market.
Let’s go trade!