Markets Continue Climbing – See You in Chat to Stack More Gains Today!
Wall Street closed green across the board Tuesday, with the S&P 500 locking in its third straight positive session. $TSLA led the charge, surging higher and giving a lift to the NASDAQ Composite (+0.6%), S&P 500 (+0.6%), and Dow (+0.3%). The $QQQ tech index closed at 534.21, setting up for a potential breakout. Just a 1% push higher from here could trigger new all-time highs above 540.
⚠️ But today’s session is all about key catalysts:
- May CPI inflation data – 8:30AM ET
- 10-Year Treasury Note Auction – 1PM ET
- Crude Oil Inventories – 10:30AM ET
- Oracle ($ORCL) Earnings After Hours – A huge AI bellwether play
- BREAKING – Trump reportedly claims a trade deal is done: 50% U.S. tariffs vs 10% for China. Markets will be watching closely.
On the global front, U.S. and China reached a framework agreement on trade during London talks, including rare earths and chips. Still, many details remain murky, and tariff risks aren’t off the table yet, especially after a federal appeals court ruled Trump’s controversial tariffs can remain while under review.
Crude oil is holding strong after API reported a small draw in inventories, and gold and Bitcoin remain near all-time highs at ~$3300/oz and ~$110,000/coin respectively.
📌 Trade Watch: I’m eyeing a TSLA LEAP PUT as a high-risk, high-reward setup. After a big pop, there may be opportunity for a sharp fade. And major shoutout to all who caught the $INTC plan yesterday – textbook win. That’s how we do it!
🟣 Join us in OP Chat today – let’s keep stacking those gains! The opportunities are plenty, and your systems are dialed in. Stay alert, stay smart, and let’s trade with intent.
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