- Simplify Wall Street
- Posts
- Stock Market = A place where Anything Is Possible 🤝
Stock Market = A place where Anything Is Possible 🤝
Sunday Stock Market Updates & Education
Simplify Wall Street
April 14, 2024
In partnership with
Happy Sunday 🌞 to our outstanding members 🫂.
The market never ceases to amaze me. If there's one tip to remember it’s ANYTHING IS POSSIBLE.
To help us keep our newsletter free, please consider our sponsors!
Relax About Retirement
Saving for retirement can be intimidating, but you don’t need to go it alone. Advisor.com lets you compare expert financial advisors to grow and safeguard your nest egg. There’s no fee to try it.
Back to Simplify Wall Street:
Would you like a 14-day free trial into our Discord? |
Have questions?
Join our FREE chatroom.
Want alerts when we buy or sell investments and trades?
Join Private chatroom
Want access to our Daily Market Updates?
Best for active traders and investors.
Upgrade today!
Table of Content
Insights
Bullish or Bearish This Week? |
News Explained
Israel & Iran War Update
Israel will not attack Iran. This appears to be an agreed-upon response to save “face.” The fact that it occurred on a Saturday, when markets were closed, is telling.
Now the score is 1-1, and it will remain that way for now.
— HZ (@MFHoz)
10:37 AM • Apr 14, 2024
UK PRIME MINISTER SUNAK: "WE STAND BY THE SECURITY OF ISRAEL AND THE REGION"
— FinancialJuice (@financialjuice)
11:03 AM • Apr 14, 2024
Here are a few key details I want to focus on.
Why did they release this news on a Saturday?
The market ended very bearish last week, and leaving certain news to the weekend increases the probability that those hoping for a market crash on Monday will lose money.
Why does the war even matter?
The conflict between Iran and Israel matters due to its potential to escalate into a wider regional war, impacting stability in the Middle East and global security.
Smart move by Elon. Changing the narrative.
It seems like Elon is changing the focus from delivery numbers to affordable FSD technology. (Full Self-Driving)
This is extremely clever, in my opinion. Car sales worldwide are down, but Elon knows he will attract the most scrutiny. Therefore, replacing the bad news with other news that customers and investors will appreciate is a great start.
Even if deliveries and earnings are down in this next earnings report, it may not necessarily mean bearishness.
sws
This Week’s Calendar
Full calendar here.
Watchlist
Insights?
Watchlist
$SMCI
$TSLA
$AMZN
$NFLX
$SPY
What stocks are you watching? |
If you haven’t watched the FREE webinar on Risk management and growing a small account, watch it below!
Roadmap
Back to the Iran Topic:
The fact that Iran and Israel will not further escalate issues for now leaves an opportunity for bullish activity.
We do not have any major data until Thursday.
Last week, my pivot was 5190, and we traded down to the 5150s to close at 5166. If 5190 is not treated as support by Wednesday, we could trade lower into the 5090s.
What is my upside-long target? Find out.
Edu
What to do when the market is dropping hard?
Let it drop. If you aren’t trying to open a short downside scalp when it gives a fake bounce, just let it drop.
Every Investor should write down buy levels for their favorite stocks. This way, you can check your notes whenever a company’s share price reaches a certain level.
If you are trading and are leaning bullish, wait for support zones to form.
What do you do when the market drops fast? |
Trade Ideas
You are entering Premium member territory.
Subscribe to Unlock Exclusive Investment Ideas & Trading Entries to read the rest.
Become a paying subscriber of Unlock Exclusive Investment Ideas & Trading Entries to get access to this post and other subscriber-only content.
Already a paying subscriber? Sign In
Reply