Flat Upward Market, Watching AMD, AXP, MSFT, TSLA, on Friday, Jan 26, 2024

Inflation indicator had a good reading.

Tech layoffs continue.

AXP gave good guidance.

AMD bounced up from an overnight pullback. AMD and MSFT showed support on the 15-minute 200 SMA.

TSLA still weak.

Strategy

Long only. Buy under the 15-minute 200 SMA if 200 SMA is going up. AMD, MSFT.

Gapping dividend stocks, upward 200 SMA, RSI over 60. AXP, IBM.

Watchlist

IBM AMD NVDA SMCI AXP MAR WRB MSFT

Happy trading.

(This post is for entertainment purposes and is not investment advice. Most people lose money doing this.)