Subject: Daily & Weekly Wrap -- Friday 24 May 2019 -- "No man is kept poor..."

TAOST Wrap
Friday 24 May 2019 
Quote of The Day
“No man is kept poor because opportunity has been taken away from him;  Because other people have monopolized wealth, and have put a fence around it.  You may be shut off from engaging in business in certain lines, but there are other channels open to you.”

Wallace D. Wattles
How To Use TAOST Daily Wrap [Video] 
I should have added done and added this a long time... oh well... sue me.
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Index, ETF and Select Single Stock Performance
A Few Headlines Of The Day
  • Memorial Day long weekend in the US led to thin desks and thin markets... 
  • Dow closed up on the day, but suffered longest weekly slide in 8 years [5 weeks]...
  • Twitter Tough Guy might ease some restrictions against Huawei Tech which led to a bit of optimism
  •  Oil futures suffered their worst weekly performance of the year.  Front month crude contract -6.8% for the week on weaker global demand and ongoing trade tension...
TAOST ES Power Zones & POIs Today
15m Chart
60m Chart
120m Chart 
Daily Chart
Weekly Chart -- The same support area that held last week held again this week... Thus the directional jury is still out.
Basic Index ETF Performance
S&P 500 ETF [SPY]
A bounce today... but likely a temporary reprieve...
TAOST Stalk Stock
Seaworld Entertainment, Inc. [SEAS]
As always, make up your own mind and, more important, minimize your risk no matter what you do.​​​​​​​

KIS,
The Trader​​​​​​​​​​​​​​

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