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CPI Alert: Tech Selloff Deepens | CASY, CBRL & EROC Trade Setup

CPI Alert: Tech Selloff Deepens | CASY, CBRL & EROC Trade Setup

Season 4 Episode 35 Published 1Β month ago
Description

Here is the trade setup for the Wednesday open.

πŸš€ CASY: Crushed Q4 EPS expectations with a massive $1B buyback.

πŸ”₯ CBRL: Surging on a massive beat-and-raise turnaround story. ⚑ EROC: Hot $600M IPO debuting to solve the AI power bottleneck.

πŸ“‰ NKE: Down following direct RBC Capital Markets downgrade.

πŸ”” CHWY: On high alert ahead of Q1 earnings.

πŸ“Š Key Levels: S&P 500 support is at 7,350 to 7,354 with resistance at 7,460 to 7,493. Nasdaq 100 support sits at 29,100 to 29,200 with resistance at 29,740 to 30,000.

Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.

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