Morning Ideas July 30, 2021

Last trading day of the month, likely to get some window dressing late in the day.

If the amazon earnings miss sparks some selling in the stock (which I don't really expect), then we may see the market dip a little deeper before a late day rally...

However, I do not see any major trouble here for the longs. I think the market will stay put today. If you're looking for volatility, most likely next week is the time for that.