Weekly Outlook + Daily Plan 6.20.23
Good morning traders!
This week will be loaded with events so make sure to check out the schedule for the week. Quite an intimidating list but I think this will be an easier week compared to the last two. There will not be much that can knock this trend off the tracks other than the investors just running out of ammunition. My focus for the week in terms of events will be on Thursday and Friday for initial Jobless Claims and PMI. As I said previously we have hit a point that the data means little to nothing unless we see an outlier print.
Best to just focus on price and not so much into what events to prepare for.
Make sure to read all the way to the end as I do see another stock going parabolic this week as long as thesis remains valid. Check it out!
Just a heads up there will not be any weekly recaps inside the Outlooks anymore as I have made a section just for Recaps. As soon as I send this Newsletter out the Recap will be out shortly after. Looking to be another volatile week just like the last!
Events
Source: Trading EconomicsEarnings
Source: Trading economics