Good morning everyone, and congrats to those who caught HOOD and TKO!
As mentioned last week, we need to get a push on the S&P 500 to break 6,130 to be confident on the long side. Until that happens, markets can continue to swing with no clear direction. The fact that Friday was a relatively muted day as it relates to price action, indicates indecision. Let’s see if we can get that breakout!
Check out this week’s trade ideas.