CPI Weekly Watchlist

Your Guide to Market Movers and Shakers

Welcome to this week’s edition of “Hot Stocks for the Week,” where we spotlight the most exciting opportunities in the stock market. Whether you're a seasoned investor or just starting your journey, this is your go-to source for setups and trends.

Bias: Is to the DOWNSIDE. I expect the markets to be volatile this week, we have PPI on Tuesday and CPI Wednesday. There will be multiple days where the FED speak and we have jobless claims on Thursday

Top Stock of the Week:

• Stock: MS.

• Weekly Performance: Closed at 123.45 on 1/10

• What’s the Setup: 1/1/3 Bearish Engulfing Weekly

Play:

• Levels (Support/Resistance): Break Under $123.29 down to the GAP at $120.50.

Stocks to Watch :

• Stock: AVGO.

• Weekly Performance: Closed at 224.31 on 1/10

• What’s the Setup: 1/1/3 Bearish Engulfing Weekly

Play:

• Levels (Support/Resistance): Break Under $221.25 down to $218.00 then $211.00

Stocks to Watch:

• Stock: SQ

• Weekly Performance: Closed at $82.54 on 1/10.

• What’s the Setup: 1/3/3 Bearish Engulfing Weekly

Play:

• Levels (Support/Resistance): Break Under $81.65 down to $76.00

Other Plays to watch:

• Stock: LLY – Over $800. up to $823.00 (GAP)

• Stock: ZS – Over $192.62 up to $202.50 (GAP)

Stay ahead of the market!

·         Fed Minutes on Tuesday and Wednesday - PPI and CPI Tuesday and Wednesday respectively

·         Jobless Claims and Retail news on Thursday

Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before making any investment decisions.