Insider Tips - Weekly Stock Market Report - Week July 15, 2024

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Insider Tips for the week of July 15, 2024

The market is experiencing record highs and numerous stocks breaking out amidst inflationary pressures. Key stocks like Apple, Tesla, and Amazon are analyzed for their potential, while the broader market trends and technical indicators suggest a favorable investment climate. Investors are encouraged to aim for higher returns to keep up with inflation.

Technical Analysis

The market is experiencing a robust upward trend, with multiple indexes hitting record highs. Key technical indicators, such as green lights and low VIX levels, suggest a favorable investment climate. The NASDAQ, S&P 500, Dow Jones, and New York Stock Exchange Composite are all performing well. Specific stocks like Apple, Tesla, and NVIDIA are highlighted for their breakout patterns, while Amazon shows resilience despite recent market fluctuations.

Market Trends

The current market conditions are influenced by inflationary pressures, driven by increased government spending and money printing. This situation benefits those with investment capital, exacerbating the wealth gap. As living costs rise, so do market prices, creating opportunities for gains in the stock market. The presenter stresses the need for investors to achieve returns of at least 11.1% to keep pace with inflation.

Individual Stocks

Apple: On a significant breakout, recently hitting $233.
NVIDIA: In the third stage of a base, with potential for a breakout around $138-$140.
Tesla: Experienced volatility due to news about its robo-taxi release, but remains in a breakout phase.
Amazon: Struggling to surpass $200, but fundamentally strong.
ON Semiconductor: Recovering after a year below the 200-day moving average.
JP Morgan: Expected to perform well in an inflationary and rate-reducing environment.
Kaaba Group: Monitoring for a potential buy point after recent selling pressure.

Key Takeaways

The market is showing strong performance across major indexes.
Inflation is a significant factor, making investment returns crucial to maintaining purchasing power.
Several high-profile stocks are in breakout phases, offering potential opportunities.
Investors need to adopt strategies to achieve higher returns to outpace inflation.

Conclusion

The stock market is currently in a robust upward trend, with major indexes and individual stocks showing strong performance. Inflationary pressures are driving both living costs and market prices higher, creating opportunities for those invested in the market to achieve significant gains. Key stocks such as Apple, Tesla, and Amazon are in breakout phases, while technical indicators suggest continued positive momentum. Investors are advised to adopt strategies that generate returns exceeding 11.1% to keep pace with inflation. As the market continues to evolve, staying informed and strategically positioned will be crucial for capitalizing on these opportunities. Always remain engaged with market updates and consider seeking professional advice to navigate this dynamic environment effectively.

Current Market Condition:

This week, we're experiencing a continued GREEN market, characterized by bullish momentum and notable stock breakouts. As a reminder, our system's rule is that you MUST buy or add something at the onset of a Green market.

Stock Updates:

Tesla is one of the most interesting companies (and stocks) in the market today. Stock traders may be looking at an early entry into a long term run OR a short term breakout. Either way, there is opportunity in Tesla stock. Check out my latest video here.

Podcast this Week:

Today’s guest is Michael Hoffman, a human performance and longevity consultant, who has revolutionized the vending industry by integrating AI-driven smart coolers offering healthy options. Michael shares insights on how these advanced vending machines work, their investment potential, and how they address challenges like theft with AI cameras. Tune-in to this week's episode!