TRADE PLAN for Aug 5th đ
All eyes on $SNDK and $WDC earnings after hours today. If there's a positive reaction we'll see a rotation back out of the Mag7 and into Chip and memory stocks. $MU needs to get through 930 to run to 1000. $SNDK 1600+ in play if there's a positive reaction.
$SPX to 7800 coming quickly, if it gets through 7800 we can see 8000+ in September. Calls can work above 7750 for today
$META gapping near 600, if it gets through this level we can see a push to 625-630. Calls can work above 600
$QQQ has lots of room to run back up to all time highs at 748. Lets see if it runs there by the end of the month.
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