Tesla, Nvidia, and Amazon: 5 Key Trades After PCE Inflation Data

The latest PCE inflation data could have a big impact on tomorrow's trading action. Remember you can always contact me via my YouTube channel, let’s dive in.

🗓 What to Watch Before the Market Opens

• Core PCE data release (8:30 AM ET): The Fed’s preferred inflation metric could move markets.

  • If data is hotter than expected, expect downside acceleration.

  • A cooler report could push markets up into the session.

• Defensive sectors like consumer staples (e.g., Pepsi) are showing relative strength, while tech took hits today.

🔥 5 Key Trade Ideas for Tomorrow

1. $TSLA ( ▼ 1.09% )  (Tesla) - Long or Short Near $272

Tesla remained volatile today, closing green but showing indecision. Levels around $272-$280 are critical, especially ahead of potential market drivers.

What I’m Watching:

• I’ll short below $272 if bearish momentum continues tomorrow.

• For longs, I want to see a pre-market move above $277–$280 to confirm bullish intent.

2. $NVDA ( ▲ 1.67% )  (Nvidia) - Short at $113 or Below

Nvidia closed weak, continuing its recent downtrend. Negativity in the chip sector isn’t helping, and the next key level of interest is $113.

What I’m Watching:

• A short near $113 is the primary target if Nvidia rebounds lightly before another drop. Risks increase below $115 for longs.

3. $SMCI ( ▲ 2.95% )  (Super Micro Computer) - Short Below $34.50

SMCI is testing critical daily support at $34.50 after heavy selling pressure today. Watch for a breakdown or potential reversal at this level.

What I’m Watching:

• Short below $34.50 if support fails. Target the intraday low at $34 or lower.

• For longs, SMCI must hold above $34.50 at the open to justify a reversal scalp.

4. $GME ( ▲ 2.82% )  (GameStop) - Key Decision at $20 Support

GME dropped 22% today after announcing a $1.3B offering, making the $20 level crucial for the stock’s future.

What I’m Watching:

• Wait for a break and retest of $20 to short the downside.

• If buyers step in to defend $20, it’s a potential scalp-long target toward $21.

5. $AMZN ( ▲ 0.8% )  (Amazon) - Long Above $200

Amazon held up well compared to other Max 7 peers, ending the session around $200. Key upside target lies at $203.50 if market sentiment turns bullish.

What I’m Watching:

• I’ll shift long above $200 if pre-market signals upward momentum.

• A bearish PCE report could invalidate long setups—stay cautious.

🚨 Final Notes:

• These setups can shift based on tomorrow’s market open.

• Always watch critical levels and adapt to incoming data.

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