Your LIVE TRADING ROOM options:
1. For LIVE real-time & custom engagement: Join our CLUB membership for $350. Includes Samantha’s Swing/Trend portfolios/alerts & all macro-to-micro contributors/trades & all posted analysis/education/Tradytics option flow!!
2. For VIEW-ONLY real-time: Join our COMMUNITY membership for $125. Includes live stage moderators & Samantha's intraday/multi-day Chases & market thoughts!
3. For RECORDING & summary notes: (soon) Join PRO in Substack for $95. Includes the full recording of Samantha's live trading room each daily with summary notes.
#trading-room-summaries
Greetings. We are two of Samantha’s Live Trading Room Moderators. Rithika focuses on the the chase action for intraday moves. Michael captures a summary of all ideas & trades across all timeframes - chase, swing & trend. We both make best efforts to cover her trade set ups as well as those requested by clients in the room.
For best results, listen yourself. Or better yet, join us live!
Samantha’s Live Trading Room Summary
“LaDucTrading members can access under #samanthas-market-thoughts channel in our slack workspace.”
https://laductrading.com/services/
Rithika's Chase Summary
Rithika chase summary notes
QQQ 475.5 still pivot; above that we have 479,481; below that we have 473,471
IWM holds over 217 can see 220,222 again
Important to see what spy does on the trendline
ROKU needs to push up to fill gap at 70.85
NFLX has not broken trend; above 690 can push back to 710,720
DBA above 25 into 25.4, 26
BABA under 80.77 we have 77, 75 again
HIMS heading down to 14.6
PDD below 100 back to 97,93,91
if dell breaks and stays below 110 then can push down to 107,104
TSLA coming into 206.77
VKTX 65 tagged, basing now needs over 65 for 70,80
AAPL above 228 room to 230,232
NVDA stays over 125.69 can see 130,136 next earnings tonight
DXY breaks 100 98 is next
Michael's Trading Room Summary
AUG 27, 2024 AM
Still have the summer chop; don't expect anything until after NVDA earnings. Dovish Powell - Sam wrote about it Sunday so check it out in Slack. $GS said: Hedge Funds & Mutual Funds have trimmed positions n the MAG 7 group for the first time since 2022.
MAG7 - Tested the 50(D) moving average yesterday - fell under it & came back above. Closed above the 50, 20, & 10 day MA's but in pre-market trading we are dropping under the 10 & 20-day MA's. MACD at the zero line (from below).
Weighted Dollar / Yields Ratio -
IWF:IWD - Still under 2.0 (so good for small caps). Get above 2.0 to be good for mega-caps & semi's. MACD still under zero (daily chart) but has not seen a MACD cross-down through the signal line. FBFF - was the baseline bet. Worked very well. Digesting alot which allows small caps to get going in a big way.
INTERMARKET
T2100 - breakout but came back in (Weekly)
T2123 - stopped for now. Gapped up on weekly. Filled daily gap.
T2126 - breakout but came back in (Weekly)
WTI CRUDE - 77 daily rejected hard. Didn't even get into the 79.11 area. Sam said yesterday she is NOT a crude bull. Goldman said - looking for "below 80" from imbalance. Wrong if we get above 85.00 daily. Expecting to soften & roll over. Crude falling would benefit companies and the Fed's mandate to lower inflation.
GOLD (futures) - 2525 daily still a serious resistance. Fell and tested 2500 area daily - still above it.
Nat Gas - holding above 2.00
Bit Coin - Fell under 63k - bounce was pushed back.
FX
Dollar (DXY) - still under 101 daily; tested 100.50 yesterday. Set a new low for 2024. Weekly is extended but hourly - it's still bearish looking. Still waiting - anticipating. Looking for how it handles - cause it's at a real level of support. If that breaks - then 98 or even 95. Expecting a bounce after $NVDA reports.
USDJPY - 144 daily - inbetween the range high / low... 149 resistance with 142 support.
USDCNH - slipping past a lot of eyes ... keep this one in mind.
BONDS
TLT - gapped lower - testing 97.50 this morning. Outlook is supportive of BONDS MOVING HIGHER - still the baseline bet.
TNX - popped above 3.8 - still in a range. They are REALLY trying to keep it above 3.8%.
ZN (10Y) - daily wedge - nearing it's apex. Weekly has formed a bull pennant.
ZT (2Y) - daily wedge - nearing it's apex. Weekly has formed a bull pennant.
INDEX
SPX - "One More High" this year is still expected (yes, this year). 5642.38 is the daily gap. still looking for 5688.88
SPY - Below 550 we likely dump HARD. have nont got close to breaking it yet.
IWM - beauty. Tagged the PT & now it's getting soft. No surprise.
BXM - has not fallen apart.
QQQ - Still looking for 495.41 - 493 first. 465 support. (so if you are playing short - use that as PT). Shorts- keep it below 475.55 weekly.
VIX - "market" bullish into $14.29 & then we get a VIX Bounce & the market goes sideways or maybe softens.
SVXY - Sitting here. Waiting for a reason.
CHASE
AAPL above 228 room to 230,232
ANET - needs below 340 for 329
BABA under 80.77 we have 77, 75 again
DBA above 25 into 25.4, 26
DELL - if dell breaks and stays below 110 then can push down to 107,104
HIMS heading down to 14.6
IWM holds over 217 can see 220,222 again
NVDA stays over 125.69 can see 130,136 next earnings tonight
NFLX - has not broken trend; above 690 can push back to 710,720
PDD below 100 back to 97,93,91
QQQ 475.5 still pivot; below that we have 473,471; above that we have 479,481
ROKU needs to push up to fill gap at 70.85
TSLA coming into 206.77
VKTX 65 tagged, basing now needs over 65 for 70,80
HONORABLE MENTIONS
ARQT - needs to clear 11.33 weekly.
ADSK - earnings Thursday.
AMD - still trying to roll over.
ANET - 329 is the area (weekly & daily). Break that to REALLY get going. Use that as current PT.
ANF - earnings tomorrow morning.
AMZN - 200-day MA in focus. Has a double level of resistance.
CPB - looking good. Has earnings coming.
COST - weekly breakout going well.
CRM - snaking around the 200-day MA.
GOOGL - trend is busted. Bouncing into resistance is likely.
GDX - taking a pause.
CRWD - reports after the close tomorrow. Likely it's going to get sued.
DG - at the 55-day. Earnings on 8/29.
DBA - rising on "coffee" - not choco. Holding up even with distribution in commodities.
DELL - (and SMCI) - as a "tell" for where NVDA is going. Get back above 131. Looks like it is going to roll over. 104.66 is monthly. 50-week short PT. From 110 to 104 chase. Earnings soon.
ICE - going great.
LLY - cheaper version of a drug.. trying to get a bigger market. This is hitting $HIMS. 14.67 weekly - or the 200-day MA. PT is 14.00$
MDT - doing great after the breakout.
META - stalled.
MU - below the 50-week. Under the 200-day MA. 87.25 support.
MOO - has not gone anywhere.
MMM - a great example of what we want to see in PYPL.
MRVL - has not triggered.
MSFT - looking for 200-day MA as PT & then overshoot before popping back up. Needs to NOT fall under that 200-day MA...
NFLX - got a price target raise.
NVS - just great. Very cool.
NVDA - has not broke the trend.
PYPL - 10/21 weekly cross-up.
PDD - Expecting to hit 94 weekly. Back above 100 in premarket trading. Then 91 after we get 94.
ROKU - petering out at the weekly TL. Gap fill at 75 still likely.
RDFN - looks like an "early CVNA"
RMD - weekly breakout; really started to perform nicely. Looking fine. Stay above 230.
SMCI - dropping on news of accounting manipulation.
SMH - nice roll-over "look" to it.
TSLA - does not thrill. 206.77 likely
ULTA - over-sold bounce.
VKTX - still needs a buyer.
XLP - doing fine. LOVE IT.
Has Broken Trend
MSFT
GOOGL
Has NOT broken trend
AAPL
NFLX
META
NVDA
Before you leave!
Please remember I have a great team you are helping to support.
If you enjoyed this analysis, let us know!
Hit Like!
Share with friends and colleagues!
Samantha's RECORDED Live Trading Room - 8/27/24