Had a great weekend enjoying time with my wife but still managed to squeeze in some studying time in preparation for the week.
Nasdaq starting the week pretty interesting with decent volume on some relatively heavy selloff, already down 0.88%. Volume looks pretty good across the board for the rest of my watchlist as well.
Only thing on the calendar today is New Home Sales report at 10:00 EST. However, should be an interesting week with “Trade War” news, U.S. Q1 GDP report to be released Thursday, and U.S. PCE Inflation Data on Friday.
At the Bell
In the premarket, was able to catch to plays off CL, one small win and another moderate win giving me a nice cushion for the market hour plays.
In the first 10 minutes, the bears continued pushing the market south. I wouldn’t be surprised to see some bullish action or choppiness at least through lunch at this point. Volume looking strong, with NQ already surpassing the 100k mark.
Well, I completed misjudged that first hour after the bell. Then I got distracted with things outside of trading, so I missed the move I’ve been waiting weeks for… Frustration is an understatement.
Comment below with your opinions and questions.