Welcome back everyone!
The Emini and Nasdaq once again saw upside into todays session with both coming just short of the long targets. All week the long levels have capitalized on the lows on both of the indices capturing all of the upside that we have in store. On top of this Oil rallied right through the long target for a monster session for longs. Gold on the other hand saw strength at the open for solid upside but failed to hold up later in the session. Overall the levels have been incredible for the entirety of this week.
TSLA can not be stopped for downside which not only reached my ER target of 193.57 but my swing short target of 189.89. A massive sell down from the swing short level up at 240.54.Outside of TSLA, lets jump into all the companies that reported earnings today that I covered on Sunday.
On the Earnings horizon we saw many winner with stocks reporting before the open moved quite a bit in our favor. CMCSA and VLO both achieved the targets while BX and COF came just short of the targets. Turning to the stocks that reported after the close, INTC achieved my bearish target along with TMUS. This has been a stellar week for earning predictions!
Now, let's dive into the rest of my analysis for the upcoming session!