Prime Playbook

May 5, 2024 Volume 37 "Cinco de Mayo Edition"

Tequila Mockingbird

That is what you get when you mix alcohol and English class. To some of you celebrating Cinco de Mayo right now, the tequila probably tastes a lot like “I’m not going to work tomorrow,” and that is A-OK by me.

Why? Because this stack is PACKED with charts. Overflowing. Plus ALL the Bonus Bangers are in here as usual. I’m trying to tell you there is plenty to do if/when you skip work tomorrow!

So, what do we have this week?

Los Federales!!!! Aka THE FED. They will be out in droves running their mouths, so be aware of it, but don’t be glued to bipolar people. We also have a ton of memes reporting earnings this week. GME & CVNA went soaring last week. This week we have PLTR, LCID, AMC, HOOD, UBER, RBLX, SHOP, TOST, SOUN, MARA and more.

Trade smart, follow your plan, and if you don’t have a plan don’t make the trade!!

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SURVEY!!

Curious to see the feedback…

Now, let’s start the show!

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FUTU

FUTU 0.00%↑ weekly chart is one that I love going in to the week. Very close to the weekly breakout here. Over $73 and this thing has room to run. China names were hot last week, so definitely keeping some of those on the watchlist this week. What are we looking for on FUTU?