^ON-TAP

• Mortgage Rates Issues

• Earnings Season

• Large Opportunity In Equities

• Intraday /ES Levels

OTHER:

• Are you interested in Swing Tradeing? - (Get Analysis) or (Get Trade Alerts)

• Other Informational Reads!

  • The Imperative Role of Technology and Innovation in Shaping Our Future (Read Now)

^{DATA RECAP}

8% Mortgage Rate

THE HOUSING MARKET WAS ALREADY PAINFUL, UGLY AND ANXIOUS. NOW THE 8% MORTGAGE RATE IS BACK (CNBC)

Today’s housing market is made of high mortgage rates, high prices, tight supply, and strangely strong pent-up demand — and it’s scaring off buyers and sellers.

THERE’S MORE!

High mortgage rates at 8% have several effects on the housing market:

1. Reduced Affordability: Homebuyers would face higher borrowing costs, reducing their purchasing power. This could make homeownership less accessible to some potential buyers.

2. Slower Home Sales: High mortgage rates typically lead to a decrease in the number of home sales because fewer people can afford to buy homes. This reduced demand can lead to longer listing times for properties.

3. Impact on Home Prices: With fewer buyers in the market due to high rates, the pressure on home prices may be downward or lead to slower price appreciation.

4. Refinancing Activity: High rates discourage homeowners from refinancing existing mortgages, as the savings from lower interest rates would be limited. Refinancing activity may decrease.

It’s essential to note that the exact impact can vary by region and over time, as real estate markets are influenced by various factors, including the overall economic climate and local conditions.

^{Earnings Season}

Upcoming Earnings

$TSLA disappointed the market, but there are other large caps to follow.

View earnings release dates HERE!

GREAT OPPORTUNITIES

Earnings season presents unique opportunities in the stock market, especially when the market experiences a dip. While market sentiment can be influenced by technical factors and psychological reactions, it’s important to remember that the market often has a mind of its own.

During earnings season, companies report their financial performance, and the market’s response can be unpredictable. Sometimes, even when the majority anticipates a market crash, it can take an unexpected turn. The key to successful trading in such situations is to remain vigilant, focus on risk management, and protect your capital.

By carefully analyzing earnings reports, diversifying your portfolio, and maintaining a disciplined approach, you can navigate the market’s unpredictability and potentially find opportunities even in challenging times.

^{TRADING RECAP!}

TRADING CHAT 📝 

This past week was slow, but the chat was on fire! 🔥

Join Trading Chatroom HERE!

^{DATA RELEASE}

All About The Data!

TUESDAY, OCT 25

• 9:45 am: S&P flash U.S. services PMI

THURSDAY, OCT 26

• 8:30 am: Initial jobless claims

FRIDAY, OCT 27

• 8:30 am: Core PCE data

^{INTRADAY SESSION PLAN}

TRADING LEVELS

Our key level for a possible momentum switch has not changed. /es 4180 zone is very important. If this level holds we could trade up to 4400+ as long-term buyers may be awaiting patiently. In our trading chatroom, we have alerted starter positions and have used scalping techniques to turn a profit day to day.

$TSLA is an important indicator for us. If $TSLA slips below the 170-80s area this may trigger more selling as other large cap stocks could follow.

SOME TRADING & INVESTING KNOWLEDGE:

SWS never leans to far left or right, put all our eggs in one basket, and will never avoid risk management. As the market falls you should find companies that have long-term value and represent the future of our economy.

For example, for intraday trading purposes, I would love to buy $META at 244 (a good swing level), but the reality is the investor mentally knows the true long-term value of $META. It would be a generational dip buy if this company were to trade into the 150s (very unlikely at the moment).

Mentally you have to understand both and you should have a day trading account, a retirement account, and a long-term equity swing account or equivalent. Please take the time to organize your money, thoughts, and future decisions.