Monday, June 9, 2025

Morning Market Update with TBUZ TV

Don't Miss Today's Key Market Insights and Information
 
   
     
   
Today’s TBUZ TV
 
I'll be LIVE at 11am ET with my Train and Trade session!  Join at https://dtitrader.com/live
 



"Chicken, Fish, or Steak... Make a decision and stick to it." ~ Tom Busby


Monday
     - 11am - 2pm - LIVE Market Analysis
     - 7pm - Futures First Session

Tuesday
     - 10am Academy
    - 10:45am - Connect the Dots
     - 1pm - Weekend Profits Club

Wednesday
    - 10am Academy
     - 3pm - Zebra
     - 8pm Midweek Market Update

Thursday
     -  9am - Sunrise
     - 10:30am Academy Open House

Friday
     - 11am - MTI / Sawgrass 2026
     - 10am Academy
     - 3pm Weekly Wrap Up

5 stocks that MTI by DTI identified.  Plus a tool you should not trade without.  Click here to watch the replay



Market Editorial - Chuck Crow

The Start of this Week
The open of the week is 6010.00.  The ES futures have traded above the 6008.00 high from June, and the new high of this quarter is 6025.00.  In terms of monthly progression, we will be waiting to see if the market can stay above the May low at 5596.00.  Last week’s low was 5867.50.  If the ES futures dip back below the open of the year at 5949.25, then that 5867.50 low from last week becomes your major support.  Resistance in the market is Friday’s high at 6025.00.

This Week’s Stock to look at.
All 3 stocks reporting this week are trading at over 100.00.  Two are well over.  Therefore there is no specific recommendation.  ORCL has been trending upward, and Friday’s range could tell us the next step.  The high on Friday was 174.79 and the low was 172.66.  ADBE rested on Friday with an inside day.  Thursday’s range had a high at 421.48 and a low at 413.98.  SJM has been trading in a box between a low at 109.37 and a high at 115.61.  That range started in mid may and has extended through the first week in June.

Last Week’s Stocks
CPB is still holding on.  Last week’s low was 33.44, and last week’s high was 35.00.  The earnings report was not particularly positive.  However, if CPB can move above 35.00 then there may be an opportunity to climb to the May 20 high at 36.03.

CSCO not only stayed above support at 62.24 last week, but it climbed and closed at the high on Friday at 66.42.  The high of the year for CSCO is 66.50 from February 13.

SMCI has found a trading range between 39.00 and 45.00.  As long as the stock stays above 39.00 it keeps the possibility of a rally back to May 16 high at 47.80.

TGT is still struggling.  They did move up on Friday, and traded to 97.36.  The stock still has resistance at 103.00.  Until it moves back above 100.00 we are going to put this one on the backburner.

HPQ has stayed down after their drop from two weeks ago.  If this stock stays below 27.20, they will not be breaking above 30.00.

News for the Week





Probabilities for the Week




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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
   
   
 

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