Market Clubhouse Morning Memo - January 28th, 2025 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META and TSLA)

Good Morning Traders! In today’s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.

Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.

We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market’s pulse to optimize your trading gains. Now, let’s dive into the stock analysis:

SPDR S&P 500 ETF Trust (SPY)

SPY is currently trading near our key level of 600.51. Bulls need to hold this level as support and push the price higher to 601.22. If momentum remains strong above 601.22, we anticipate buyers will drive the price toward 602.37. Holding above 602.37 could set the stage for a test of 603.38. Should the bullish trend persist, our upside target for SPY today stands at 604.45.

If 600.51 fails to hold as support, bears will likely test 599.24. Continued downside pressure could push the price lower to 598.04. If that level breaks, sellers may look to challenge support at 596.57. In the event of a significant bearish session, the low target for SPY today is 595.14.

Invesco QQQ Trust Series 1 (QQQ)

The QQQ is currently trading near our key level of 515.00. For bulls, maintaining strength above this level is crucial, with an initial upside target of 516.58. If buyers sustain control, we anticipate a move toward 517.97. Further momentum could lead to a test of 519.87. If buying remains strong throughout the session, our high bull target for QQQ today is 521.15.

If 515.00 fails as support, we expect sellers to push the price lower to 513.64. Continued weakness would likely lead to a test of 511.53. If bears remain in control, we anticipate further downside action to 509.87. Should selling intensify, the low bear target for QQQ today is set at 508.22.

Apple Inc. (AAPL)

Apple is currently trading near our support level of 230.25. If bulls defend this level, we anticipate a push higher to 231.76. If buyers sustain momentum, price action could extend to 233.28. A continued bullish trend may see a test of our high bull target for the session at 234.20.

Should 230.25 fail as support, bears will likely drive the price down to 229.03. Increased selling pressure could push the price lower to 227.82. If downside momentum continues, we expect a move toward 226.90. A breakdown at this level could bring Apple to our low bear target of 226.08.

Microsoft Corp. (MSFT)

Microsoft is currently holding around 434.49. Bulls need to maintain this level as support and push for an initial target of 435.79. If price action remains strong, we anticipate an advance to 437.10. Continued buyer strength could send the stock toward our high bull target at 438.72.

If 434.49 fails as support, sellers will look to push lower to 432.49. If bearish momentum persists, we expect a test of 431.25. Continued weakness may drive the price further down to 430.25, with our low bear target set at 429.25.

NVIDIA Corporation NVDA
NVIDIA is trading near our key level of 120.27. Bulls need to reclaim 121.97 as support to push higher. A strong move above this level could bring 123.41 into play. If buying momentum sustains, we anticipate a rally toward 125.21, with our high bull target at 126.84.

If 120.27 cannot hold, sellers will likely test 119.44. Breaking below this level could see further downside to 117.86. If bearish pressure persists, a test of 116.61 is expected. Continued weakness may lead to a drop toward our low bear target of 115.83.

Alphabet Inc Class A (GOOGL)

Alphabet is currently trading near 193.14. Bulls must maintain this level to target 194.34. If buyers sustain control, we expect a push toward 195.41, which is our high bull target for the day.

If 193.14 fails as support, bears will likely push the price lower to 192.19. Further weakness could bring a test of 191.45. If selling pressure remains strong, we anticipate a move to our low bear target at 190.41.

Meta Platforms Inc (META)

Meta is currently holding near our key level of 663.33. Bulls need to keep this level intact and push higher to 667.99. Continued strength could see an advance toward 671.80. If momentum stays strong, our high bull target for the day is 676.46.

If 663.33 does not hold, we expect bears to take control and drive the price down to 658.86. Further selling pressure may push the stock lower to 655.54. If this level breaks, the low bear target for Meta today is set at 650.56.

Tesla Inc. (TSLA)

Tesla is currently trading around 399.03. Bulls need to push above this level to target 403.43. If price action remains strong, we anticipate a rally to 407.97. Sustained bullish momentum could see Tesla testing 413.10, with our high bull target at 416.62.

If 399.03 fails as support, we expect bears to push Tesla lower to 390.23. Increased selling pressure could bring 384.07 into play. If this level breaks, we anticipate a move down to our low bear target at 378.79.

Final Word: The trading session begins with the release of the Preliminary Durable and Capital Goods Orders for December at 8:30 AM ET, a key indicator of manufacturing strength. At 9:00 AM ET, the FHFA House Price Index for November will be released, offering insights into the real estate sector. The most significant event of the day comes at 10:00 AM ET, when the Conference Board Consumer Confidence Index for January is released alongside the Richmond Fed Manufacturing Index and Business Conditions data. This could set the tone for the session as market participants react to economic sentiment.

Additionally, at 10:30 AM ET, we will get the Dallas Fed Services Activity report for January, which will provide further insight into regional economic conditions. Later, at 11:30 AM ET, the Treasury will conduct a 2-Year FRN Auction, followed by a 7-Year Note Auction at 1:00 PM ET. Given that the FOMC Rate Decision is on the horizon, today’s session could see increased volatility as traders position themselves accordingly. Expect fast market reactions around these data releases and auction results. Stay alert, manage risk wisely, and trade strategically. Good luck and trade safely!

The Morning Memo is curated by RIPS, a pro trader with years of experience in equities, options, and futures trading. RIPS is at the heart of the exclusive Market Clubhouse community, offering his insights, expertise, and real-time mentorship.

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