Trump Destroys Biden at the Presidential Debate | 6.28.24 OVTLYR Trading Room
Listen now
Description
Welcome to the OVTLYR Trading Room! Today's video kicks off with a shocking recap of last night's debate, followed by an in-depth market analysis using the powerful OVTLYR trading strategy. Let's dive in! Debate Drama Unleashed Were you glued to your screen during the debate? Frank Luntz, a top pollster, shares jaw-dropping insights. He's never seen a performance like this. A focus group of 14 undecided swing state voters shifted overwhelmingly to Donald Trump, with only one favoring Joe Biden. Frank reveals that even 2020 Biden voters now want a different candidate for 2024. This is unprecedented! Market Analysis and Trading Strategy Switching gears, we dive into today's market analysis using the Golden Ticket Trading Strategy. Here’s the breakdown: 1. Market Trend: Examining the SPY ETF, there’s a 10 over 20 crossover with the price holding above the 50-day moving average. Despite a tough week, the SPY faces strong resistance at new all-time highs. 2. Market Breadth: Checking the bull list percentage over the 10 EMA crossover confirms a bullish trend aligning with market signals. 3. Risk Management: Before new trades, risk is reduced. Analyzing SFM (Sprouts Farmers Market), GOOG (Alphabet Inc.), and BG (Bunge Limited): SFM: Almost hit stop-loss but recovered. Heat map looks good, staying above the prior day's low. GOOG: Dipped into stop-loss territory but shows signs of recovery. BG: Strong comeback after a drop, showing buyer strength. 4. Heat Map Analysis: Heat map values for GOOG and BG indicate no stalling, suggesting potential upward movement. 5. OVTLYR Signals: Filtering for OVTLYR bull and bear signals, CCL (Carnival Corporation) stands out but faces resistance inside an order block. Stock Review Highlights SFM: Resilient and showing potential profitability. GOOG: Slight upward trend, monitored closely. BG: Remarkable rebound, strong buyer interest. Thanks for joining the OVTLYR Trading Room! Today’s video covered the dramatic debate insights and a detailed market analysis using the OVTLYR strategy. Stay tuned for more updates and profitable trading opportunities! #DebateAnalysis #StockMarket #TradingStrategy #OVTLYR #MarketAnalysis #Investing #Finance #Stocks #TradingRoom #StockReview #MarketTrends #FinancialNews
More Episodes
A growing number of Americans are ditching Democratic-run cities for Republican suburbs in search of lower taxes and more affordable real estate prices. In Republican counties, defined by the 2020 presidential vote, about 3.7 million more people have moved in than left over the past four years,...
Published 06/28/24