How To Trade SPY, As Market Braces For Trump's Tariffs Plan

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)

Bulls will want SPY to firmly reclaim and hold the initial auction point of 557.44. Sustained strength here should prompt an upward test towards 558.32, with buyers targeting further momentum toward 559.75. A successful consolidation at this higher pivot would suggest bullish continuation aiming next for 560.83, ultimately stretching towards today’s bullish extreme at 561.90.

Conversely, failure to defend 557.44 invites sellers to press downwards initially to challenge 556.27. Persistent bearish activity here would likely expose the next downside target at 555.11. If selling intensifies below this mark, look for a critical test of 553.66, with today’s maximum bearish extent positioned firmly lower at 552.50.

Invesco QQQ Trust Series 1 (QQQ)

The bulls on QQQ must quickly reclaim and maintain a supportive base above today’s pivotal level of 469.27. If buying volume persists here, traders can expect further advancement to challenge resistance at 471.33. Continued bullish sentiment would then push price upwards to 474.66, with a potential acceleration higher to 476.85, finally eyeing today’s upper bull target at 479.03.

If QQQ demonstrates weakness below 469.27 during normal trading hours, bears will aggressively seek to take control, testing lower support at 467.60. Sellers could extend declines further to 465.93, and sustained downward momentum would likely invite a deeper probe at 463.56. Breaking this level decisively opens the path toward today’s bearish limit at 462.14.

Apple Inc. (AAPL)

Apple bulls need to maintain price stability above the initial auction level of 222.24. Successful buying here could lead to a drive higher, first testing resistance at 222.96. Persistent bullish interest would likely push Apple further upward to 223.87, ultimately targeting today’s highest bullish scenario at 225.31.

However, should Apple weaken and lose support at 222.24, expect bearish pressure to push the price initially towards 221.66. Continued selling activity might extend losses down to 220.97, with deeper bearish sentiment bringing 220.29 into focus. If sellers dominate, expect the price to decline further towards today’s bearish extreme at 219.19.

Microsoft Corp. (MSFT)

Microsoft’s bullish traders should defend and maintain strength above today’s critical pivot of 380.59. Sustained bullish pressure at this mark could initiate an upward rally to test 381.64, which bulls need to secure as support. Holding above here could trigger a move higher towards 382.69, ultimately targeting today’s high bull level at 384.57.

If 380.59 fails to provide solid support, expect bears to test the waters lower at 379.50. Increased bearish momentum at this level could lead to continued downside action towards 377.72. Persistent bearish control might then expose 376.70, eventually driving price down to today’s lowest bearish target of 375.93.

NVIDIA Corporation (NVDA)

NVIDIA’s bulls should aim to firmly reclaim and secure the auction above today’s key pivot of 109.12. If buyers maintain steady support, anticipate an initial bullish advance towards 109.86. Further bullish conviction may lead the price toward the next resistance at 110.73, with sustained buying efforts potentially pushing NVIDIA upwards to 111.70, ultimately targeting today’s bullish peak at 112.54.

If the bulls fail to maintain control above 109.12, anticipate bearish activity initially testing support at 107.51. A decisive breakdown at this level could invite further selling, pushing price action down toward 106.30. Extended bearish dominance would likely see an important test at 105.23, with today’s bearish scenario bottoming at 103.96.

Alphabet Inc Class A (GOOGL)

For Alphabet, the bulls need to stabilize and reclaim price action above the level at 155.59, pushing upward quickly to secure 156.61 as solid support. With continued bullish pressure, expect an advance higher towards 157.41, potentially accelerating further to today’s highest bullish objective at 158.54.

A failure to maintain 155.59 would trigger bearish momentum to the downside, initially targeting support at 154.95. If sellers successfully break this level, expect an immediate bearish continuation lower to 154.44. Persistent selling pressure may lead to a deeper decline towards today’s bearish extreme target of 153.93.

Meta Platforms Inc (META)

Meta’s bullish traders must promptly defend and maintain price strength above today’s pivotal auction level at 580.17. If bullish strength remains persistent, expect an initial upward drive to resistance at 585.73. Sustained bullish momentum may extend further upward toward 591.29, ultimately aiming for today’s maximum bullish potential at 598.17.

Should bulls falter and lose control of 580.17, bears will quickly attempt to take advantage, pressing price downward toward the next support at 573.25. Sustained selling pressure here would further weaken the price towards 565.53. Continued bearish dominance could push Meta even lower, eventually hitting today’s low bear target at 559.29.

Tesla Inc. TSLA

Tesla bulls need immediate strength to secure the initial auction level of 262.68. If bullish demand emerges strongly here, price action may quickly ascend toward resistance at 264.46. Continued bullish activity could then propel Tesla higher to 266.83, with the potential for an extended rally to 269.48. If buyers dominate today, watch for Tesla reaching today’s bullish target at 272.42.

If buyers fail to defend 262.68, bearish traders will aggressively press downward, testing initial support at 259.81. Further bearish control would likely push the auction lower to 257.56. A definitive bearish breakdown here could extend losses further down toward today’s ultimate bearish scenario at 256.34.

Final Word: 

Today’s session begins with crucial economic indicators, starting with March’s ADP Non-Farm Employment Change at 8:15AM ET, an influential preview ahead of Friday's official jobs report. Following this, at 10AM ET, markets receive February's Factory Orders and the finalized Durable Goods Orders, both vital measures of industrial demand and economic momentum. Lastly, investors must brace for potential volatility at 3PM ET, before President Trump announces key tariff decisions that could significantly sway market sentiment.

Given the critical economic data and policy announcements lined up today, anticipate substantial market volatility and elevated risk. Traders should remain vigilant, maintain disciplined strategies, and prioritize risk management to navigate potential sharp market moves effectively. 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.

Start your day with a live daily market analysis, a carefully selected watch list, early access to the Morning Memo, and exclusive Market Clubhouse price levels, providing precise support and resistance indicators. When you become a member of Market Clubhouse, you will gain early access to the Morning Memo, just like this one, every single day—hours before it’s published. You will also have access to a live stream with zero latency and screen sharing, enabling you to witness Rips executing his trades in real-time and sharing his exclusive trading plans, strategies, and live decision-making.

For a limited time during our special promotion, you can join RIPS and get a full access pass to Market Clubhouse for 7 full days for just $7. Check it out at https://marketclubhouse.club/7Days/ where you can trade live with him and tap into his wealth of knowledge and experience. You can also catch Rips on his live day trading streams every Monday-Friday at 8 am EST on the Market Clubhouse YouTube channel: https://www.youtube.com/@MarketClubhouse.