SPY 0.00%↑ continued rallying from last week and closed positive 9 days in a row, the longest winning streak since 2004. Price is approaching the flattening 200 MA which would be a logical area to see a pullback, given the steepness of the rally and the high amount of consecutive green closes.
PLTR 0.00%↑ one of the strongest and most liquid momentum stocks in the market, recovered extremely strongly and almost reaching all time highs. Reports earnings on Monday
HIMS 0.00%↑ had positive news last week: “Hims & Hers Health shares are trading higher after the company announced a collaboration with Novo Nordisk to offer a bundled package of all dose strengths of Wegovy on its platform.” Reporting earnings on Monday
TSLA 0.00%↑ has been consolidating around the 200 MA with a breakout level about 295. However, it has been lagging the market with it’s failure to break out over the last week while the market rallied. If the market has more strength, perhaps it can break out otherwise it could roll over with the wider market pulls back
NVDA 0.00%↑ remains fairly stagnant also, not really moving up much while the market has
HOOD 0.00%↑ sold off on decent earnings but is consolidating in this area - could go either direction, with market
CRWV 0.00%↑ recent IPO, breaking out after capex worries were eased after META 0.00%↑ MSFT 0.00%↑ reported earnings
RGTI 0.00%↑ after going sideways for a couple months has started to make a new high with Friday sparking a rally in speculative stocks
Thanks Have a good week!