Stock market analysis and trading strategies: NASDAQ, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL.
Stock Market Summary: Most stocks are correcting in Wave 2 or a lower degree Wave ii).
Trading Strategies: We have been waiting for the top and turn lower for the buy opportunity, now we have to wave for the low of this dip and then an Impulse wave upwards to confirm the low and the next leg up. this can take one trading session or two.
Video chapters
00:00 NASDAQ 100 (NDX)
04:34 Apple (AAPL)
09:19 Amazon (AMZN)
11:58 NVIDIA (NVDA)
14:44 Meta Platforms (META)
17:51 Netflix (NFLX)
18:50 Alphabet (GOOGL)
21:10 Microsoft MSFT
22:58 Tesla (TSLA)
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GBP/USD keeps the bullish bias near 1.2680
The Dollar's vacillating price action allows GBP/USD to extend its daily bounce and approach the key 1.2700 neighbourhood, as investors assess the ECB forum and US data releases.
Gold under mild selling pressure around $2,320
The precious metal now fades the initial uptick and trades with modest losses near the $2,320 zone per ounce troy in response to the data-driven bounce in the Greenback.
Crypto Today: Bitcoin gets less interest from traders, Ethereum ETF could attract $5 billion inflows
Bitcoin market sees a decline in volatility per on-chain data from Crypto Quant. Bitcoin ETFs saw a net inflow of $129 million on July 1; on-chain analysts predict a relief rally in BTC.
Eurozone inflation ticks down in June
The eurozone’s inflation rate has come down from 2.6% to 2.5%, while core inflation remained at 2.9%. Nothing in these figures would make the ECB cut again in July.