The Wealthy Mentor

I had today circled as CPI data was released at 8:30am…inflation data came in lower than last month which gave the bulls confidence to push SP500 higher. Overall, there was a lot of seesaw action and volatility in the markets. Technicals proved to be effective in marking the bottoms as I was able to buy the dip on SPX on 3 occasions along with $QQQ ripping higher giving names like $TSLA and $RIOT the extra push to lock in profits!

👉$6372 Profit Today.

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Well today was a day that many traders were watching…$AMD earnings gave me a great opportunity along with Fed Powell confirming a smaller interest rate hike gave the markets along with Bitcoin momentum for $RIOT to make yearly highs. Took some profits off the table and will see what tomorrow holds!

👉$8655 Profit Today.

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3 Blue Chip Stocks You NEED to Watch 👇

$TSLA - Tesla $TSLA delivered a record 100,291
China built EVs during November. From a technical standpoint, $180 has held since November. If support breaks I have my take profit target set for $168 this week.

$AAPL - Apple CEO Tim Cook said $AAPL will build chips in the US for the 1st time in nearly a decade, working with TSMC $TSM. From a technical standpoint $AAPL has consolidated under $150 for 3 weeks. I’m looking for a move lower to rest $134-138.

$AMZN - Amazon $AMZN, Microsoft, Google and Oracle were awarded cloud contracts with the US Department of Defense with a combined ceiling value of $9B. From a technical standpoint $AMZN is in a weekly consolidation heading downhill. I’m a watching for a move lower to test $81.5 testing Pandemic lows.

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4 Stocks Running HOT in December 👇👇👇

$NVDA - Nvidia gained +25% in November. NVIDIA's Chief Financial Officer, stated that they have been under-shipping GPUs in the gaming segment and the company expects that their channel inventory would be back to normal by the end of Q4. I’m watching for continued momentum above $172 resistance.

$NFLX - Netflix gained just over +13% to close the last week of November. From a technical standpoint NFLX has filled the gap on the earnings drop back on April 2022. I’m watching for continued momentum towards $339.

$META - Meta gained +35% to close out November declining -75% from its highs. From a technical standpoint we are testing a barrier of resistance near $123. I’m looking for continued momentum for a run up towards $128-$137.

$XPEV - Xpeng a US-listed Chinese stock surged +70% to close out the last week of November. The move higher was mostly due to earnings along with the hopes that Chinese markets would reopen due to the Covid outbreak and restrictions. I’m watching for continued momentum toward $17 resistance.

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❄️❄️WINTER PROMO❄️❄️

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Price targets on DWAC, NVDA, HD and BABA for this week along with SP500 market analysis!

4 STOCKS I'M BULLISH ON THIS WEEK! 🚀 4 Stock I'm Bullish On This Week 👇👇👇$HD - Home Depot, the largest home improvement retailer in terms of revenue will report its Q3 earnings on Tuesday. Ea...