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  • Swing Trade Idea – July 21, 2025

    Jul 21, 2025 Uncategorized Comments Off on Swing Trade Idea – July 21, 2025

    Date:Jul 21, 2025

    Laurie’s Abbreviation Index:

    ** ‘div’ – dividend

    ** ‘m/m’ – month over month

    ** ‘y/y’ – year over year

    ** ‘Inven’ – inventories

    ** ‘mfg’ – manufacturing

    ** +/- – plus or minus, positive or negative

    ** Underlined text – higher volume premarket

    ** ‘d’ – day

    ** ‘Y’ – year

    **govt – government

    Color Key: Positive – Neutral – Negative
    Global Markets:  USA, Europe, Japan, China, Hong Kong – neutral global set-up

    • Commodities:  Gold, Silver, Oil, natgas, AGGS, Industrial Metals, Bitcoin
    • Yields: 30Y Bond +.75%  Currencies:  USA$ -0.37% CAD +0.11% YEN +0.78%  BTC/USD +.98%  Vix: 19.05
    • Stocks: DPZ+5.2% CLF+4.2% RYAAY+7.4% VZ+4.6%    EPS  XYZ+9.2% added to S&P500
    • Events: USA: European trade negotiations ongoing Japan: Governing party lost senate election
      Equity:  Global indices are mixed with USA higher and Europe lower. USA indices are led by IWM and along with speculative ARK sectors indicates premarket is set-up risk-off with caveat that post Opex can lead to weakness. MAG7 are led by TSLA and GOOGL ahead of earnings this week but all but MSFT are higher premarket. XYZ is being added to the S&P500 and +9% premarket, look for continuation or pullback. US$ and US yields are lower premarket which is a positive catalyst for gold, silver, copper, small caps, bitcoin and speculative stocks.  Crypto names are strong as the frenzy continues in ETHE SBIT GLXY and bitcoin higher. The spec tech ETFS are led by ARKG, ARKK with ARKK lagging as drones and space lower premarket after big moves last week.  SPY and QQQ are above 10d volume profile value region, hence extended. SPX 0DTE has positions at 6320 which can act as resistance or acceleration above and 6295 which can act as support or below target 6250.  Post opex the SPX is in a window of weakness and with the expiration being call heavy, there is pullback susceptibility. No major USA economic data today so lacking a known catalyst for a move. Tariff tweets and Japanese currency/yield post election moves are potentials aside from the upcoming Mag7 earnings prints.

       
    • Simple bull bear levels: SPY 627 QQQ 560 IWM 222
    • SPY 629.2  Resistance 630 633  Support 627 626 625  QQQ 562.8  Resistance 563.5 565    Support 562.5 560 559
      Daily Expected Move. SPX(6322-6271)  SPY(630-625) QQQ(565-557)  IWM(225-220)

      Stocks to watch  TSLA GOOGL AAPL XYZ COIN VZ DPZ   UNG   Speculative GLXY OPEN  BULL RKLB
      Pre-800ET
      Indices ETHE ARKG ARKK XME IBIT SLV GDX TLT ARKF IWM XBI QTUM GLD  UNG US$ KWEB

    S&P500  VZ COIN T FCX TSLA

    Other SBET XYZ GLXY S PGY VZ PINS ZETA ALAB CRSP IREN TIGR T  SRPT BULL QS RKLB ACHR JOBY JD

    TSLA

    TSLA is bouncing premarket ahead of earnings report Wed. Potential long above 335 or pullback > 330. Daily expected move ~14-16. Upside short term price target 640.

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