Swing Trade Ideas – November 24, 2025
Swing Trade Ideas – November 21, 2025Date: Nov 24, 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 set-up
- Commodities: Gold, Silver, Oil, natgas, AGGS, Industrial Metals, Bitcoin
- Yields: 30Y Bond +0.29% Currencies: USA$ -0.09% CAD -0.11% YEN-0.25% BTC/USD +1.68% Vix:21.7
- Events: USA: note auction 13ET,
- Stocks:
Equity: USA indices are bouncing in NY premarket towards the European open high which is level to watch. Indices and many stocks are put dominated and Opex can lead to a bounce unless puts are rolled. Media meme is Dec rate cut odds improved with Williams comment on Fri but IMO the Fri bounce was just profit taking on puts. Negative gamma positioning can lead to large moves in either direction with idea of leaning long while SPX > 6600 with upside 6700. QQQ is leading with MAGS strength in GOOGL (Fri idea) with NVDA and AI semis (AMD AVGO MU) having the usual retail premarket bounce. NVDA bounced Fri on a report that WH may allow NVDA to sell H200 chips to China which is unconfirmed and China is officially requesting firms to not buy NVDA chips. BABA higher on release of consumer AI app with KWEB one of leading ETFs premarket. Policy announcement expected today on healthcare insurance and premarket CNC MOH OSCR are trading higher so either short covering ahead or expectation that will be beneficial. NOVO lower on Alzheimer drug results and BIIB higher. Bitcoin , gold, silver higher with the US$ lower. Bitcoin has been weak with liquidity less ample and a good liquidity indicator. Media discussion of a Ukraine-Russia peace proposal by USA is potentially leading to weakness in USA and European defense stocks and oil. Large amount of oil is currently available in offshore ships which has been growing due to latest sanctions. Potential for USA regime change in Venezuela is also adding to higher oil capacity.
SPY 662.6 Resistance 665 667.5 Support 660 657.5 653.8 QQQ 594.8 Resistance 595 596.9 600 Support 590
Daily Expected Move. SPX(6670-6535) SPY(665.8-652) QQQ(599-581) IWM(239-232)
Stocks to watch GOOGL NVDA TSLA BABA GD LHX Speculative OSCR IREN
Indices ETHE IBIT KWEB MAGS QQQ ARKK SMH UNG /CL $DXY EFA XLV
S&P500 CNC BIIB MOH BMY GOOGL MU MRK TSLA TSCO ALB LLY IPG AMGN TTWO CF CZR GD LHX GPN
Other OSCR CIFR BMNR GOOGL MARA IREN NOVO
GOOGL
Repeat of Fri idea. GOOGL is now above the 310 level which is a large call open interest level. GOOGL is above the weekly expected move premarket so extended and one can look for pullback to add. 320 is the next target above with 305 support. Expected move into Jan 2 is +/-31.
Fri Comments:
GOOGL is technically the strongest MAGS name and is emerging as leading in AI performance with latest Gemini. Anti-trust concerns are diminishing and GOOGL’s investments in self driving, quantum, AI (Anthropic, self) are all bearing fruit. GOOGL. Option market has large call positions at 300, 305 which is an upside target and buyers are present at 285. Long idea on dips to 285, 290 and momentum long > 295. Caveat that bounces continue to be sold in the index which will lead to GOOGL pulling back due to weighting.
