The Long Investor

$QQQ TOP 20 - PLAN FOR THE WEEK -

Added 2024-01-29 00:36:24 +0000 UTC

Once the previous ATH line was broken, this has not looked back and the market is moving fast leading up to the Mega Cap Earnings this week.

The market appears optimistic that the majority of reports will be a positive beat but it is always a volatile time until the reports are out.

Let's not play any dangerous games this week, keep to our plans and remember the big picture....that the trend remains to the upside, any pull backs will likely be bought up.

My one consideration this week is that I am thinking of selling $GOOG and transferring to $AMZN, so this is something to consider, $GOOG and $AMZN are both great long term plays but I have a higher conviction for $AMZN.

I will add $PLTR if it can pull back to the 200 Day MA

And I will look at adding $ABNB again if there is a Suwave 2 forming as shown on the chart, otherwise I will wait.

I am also keen to add $BABA again if it also pulls back to their white fib levels which I have discussed under the $BABA chart.