Subject: Did The Additional Threat From 45 Hit The Market Today Friend?

TAOST Wrap
Thursday 16 May 2019 
Quote of The Day
"Excellence is a continuous process and not an accident."
--A. P. J. Abdul Kalam
A Few Headlines Of The Day
  • WMT +1.43% following earnings that reported strong online sales
  • GS bought asset manager United Capital to help extend the company's asset management into Middle America
  • Jobless claims dropped to 212k showing no deterioration in labor market
  • Mortgage rates hit 2 month lows on mkt turmoil
  • The Twitter Tuff Guy said he "hopes" there's no war with Iran
  • Tiger21 a group of rich investors raised their cash levels to those not seen in years... spooked by China and the potential for Black Swans
  • SNAP +7% after FB kills their competitor [see below]
  • Kashkari added a boost by saying Fed needs to walk the walk by allowing inflation to exceed 2%
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TAOST Power Zones & POIs Today
15m Chart - Intraday TAOST Power Zones worked today... if you were careful... But when is that not the case?
60m Chart -- Price has clearly danced around the previous gap, but today it acted as a strong support zone.
120m Chart -- The swing chart shows even more trouble overhead.
Daily Chart - Look for a potential reversal in TAOST Magnet Zone.
Weekly Chart -- the weekly is close to closing strong...
Leveraged Q [TQQQ] Signal
This is a perfect place to tighten your timeframe and look for a short entry.  Will likely continue higher... maybe.  But this is where you make the real money... Taking good, but "unlikely" setups.
1 Interesting Stock
SNAP - got a nice bounce today... But it still has a long way to go.
TAOST Stalk Stock
I've gotten requests for sub $10 stocks...
Here you go.
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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