Stock Market Report: Trading NASDAQ Stocks: Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL
Stock Market Summary: The strong move down in the last session, places the SP500, Nasdaq 100 and most stocks in Wave c) of 4 correction being uncompleted. The current Wave 4 can be viewed as a Elliott Wave Triangle pattern of a Regular Flat correction. Either way the Wave 4 correction is not finished. The good news is that now we can see more clearly that the buying opportunity is approaching for stocks and Indices.
Trading Strategies: Expect further downside, so short trades are Risk on.
Video chapters:
00:00 NASDAQ 100 (NDX)
03:32 Apple (AAPL)
08:58 Amazon (AMZN)
11:52 NVIDIA (NVDA)
12:59 Meta Platforms (META)
15:15 Netflix (NFLX)
16:10 Alphabet (GOOGL)
20:29 Microsoft MSFT
22:04 Tesla (TSLA)
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Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.
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