And that’s a wrap

May 10, 2024

The market is closed here for the week and with it we saw some respectable gains. Names like META, NFLX and AVGO all closed nicely for the week. Financials such as AXP, JPM and V did as well.

Earnings next week include HD, BABA and BOOT. I’m watching HD myself. It’s slated to report before the open on Tuesday May 14, 2024. Using a Weekly bar chart going back over the past 3 years it’s seeming to like this area as long term support. Call Options are busy at the 350 and the 360 Strikes both for next weeks expiration after it reports.

Here’s the 3 year chart for HD… And the Heat Map for this past week….I’ll be back with some market insights on Sunday night. And in the meantime if you enjoyed this content please feel free to share it with a friend. Thank You.

Invest wisely, live charitably and be well

Brother Bill

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