Pristine Market Analysis & Watchlist 2-1

Bear Capitulation

Good evening everyone,

The federal reserve delivered another 25 basis point rate hike today, and the market erupted higher into the close. My view on today’s events is much different than consensus, so make sure to subscribe to premium if you haven’t already and check it out. Let’s dive in!

-Andrew

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Equity Dashboard

Indices sprinted higher into the close following the Fed meeting. The VIX finished at the lowest level since the first week of 22’. The dollar sold off and finished -1.27 ATR lower. Treasuries finished strong as well. All markets were in perfect unison!

S&P 500 ES_F Price Analysis

The S&P 500 finished above the new monthly value area for February. The next upside target is the December high of ~4,180.

Finviz Heatmap

Semiconductors and megacap tech led the market, and energy declined. Deflation trade.

Sectors - Ranked by Momentum

• ARKK innovation, XITK innovative tech, and SOXX semiconductors led today’s advance.

  

Earnings on Tap

• I am covering all of these reports and reactions in Discord

Okay, now let’s get down to brass tacks and discuss the Fed reaction…

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In the following sections of tonight’s update, I’ll cover my research in preparation for tomorrow’s trading session

✅ Trend Model Update - Our proprietary indicator that informs us on how aggressive/defensive to position in the market

✅Market Strategy - My trading plan

✅ Today’s Trade Blotter and Position Update

✅Daily Watchlist - We scan thousands of stocks and hand-pick the best reward/risk opportunities