NYSE insider Jay Woods on the three stocks pros are watching the most this week
Jay Woods , who has spent more than three decades on the floor of the New York Stock Exchange, discusses three stocks the pros are watching this week for their market impact and for trading opportunities. (Watch the video above for the full insight.) The chief market strategist at Freedom Capital Markets believes Thursday’s earnings from Broadcom could have a big market impact. The veteran trader lays out the levels to nibble on the chipmaker if it pulls back like Nvidia did last week post-earnings. Dollar Tree is hitting key resistance levels ahead of its earnings Wednesday, according to Woods. He’ll give the post-earnings trade. Dow Jones Industrial average member Salesforce reports Wednesday after the bell. Woods is troubled by the current pattern in the stock, saying there’s a lot of “overhead resistance.” CRM YTD mountain Salesforce, YTD Woods also touches on: Courts knocking down Trump’s tariffs Friday’s release of the August unemployment rate, which could be the highest since August 2021. A Taylor Swift and Travis Kelce trade. (This weekly Monday video is exclusively for CNBC PRO subscribers.)
<
