Trading Journal for 5/3
Published in
May 3, 2024
6:24AM: SPX futures are up 1% at 5145:
The SPX closed up 0.91% yesterday at 5064. It looks like it will be testing the SMA50 again.
QCOM ended up closing up 9.74% after earnings.
TXRH reported in-line earnings and is currently gapping up 6%.
AAPL reported in-line earnings and announced a big share buyback. It’s currently gapping up 7%.
There are no good gappers this morning.
6:34AM: A softer than expected jobs report seems to be adding adding hope for interest rate cuts.