And here's what kills me - MS just reported better than expected results. Wealth management added $59 billion in net new assets, $43 billion in fee-based flows. Total client assets hit $8.2 trillion. That's real money flowing into their wealth management business - the sticky, high-margin stuff that drives these banks higher long-term. But the stock barely moved. It's just consolidating right here while building this perfect technical setup. I'm like, okay, this is where I want to be positioned. Why I Think This Works Look, I get it - financials aren't the sexy trade right now. Everyone's sitting on the sidelines waiting for perfect clarity or they're chasing momentum somewhere else. But I think that's exactly why MS works here. When you've got solid fundamentals meeting clean technical momentum and nobody's paying attention, that's usually when the best moves happen. The earnings beat gives institutions a reason to add exposure. The multi-timeframe squeezes tell me price is ready to move. And those stacked EMAs? That's smart money already positioned. I think this is what I mean when I say the market's cooperating - you just have to be methodical about finding the opportunities. Your Action Plan I'm watching for MS to break above this $141 level with volume. Those compressed timeframes suggest energy is building, and when this thing starts moving on the technical momentum, I think that earnings story becomes the narrative that drives follow-through. This is exactly the kind of setup I've been finding while everyone else waits for perfect conditions. Speaking of earnings, we just had Google and Tesla report. I didn't trade them ahead of the announcement, but I might trade them this morning. If I do, I'll be utilizing this strategy. |
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