To The Moon

Hi Tigers! Four stocks and ETFs are flashing very different technical signals. $QQQ and $IWM may be setting up for relief bounces, $NOW is showing potential downside risk, while $TSM is approaching a key level that could determine whether its rebound holds. 📉 $Invesco QQQ(QQQ)$ — Relief Bounce or New Highs? A break below the lower Bollinger Band suggests a bounce may be near. Can it recover to all-time highs, or will the rally fade again? 🔍 $iShares Russell 2000 ETF(IWM)$ — A Fourth Bounce in the Making? Another lower-band breach, alongside bullish Stochastic divergence, raises the possibility of a rebound. Can it finally break the downtrend? ⚠️ $ServiceNow(NOW)$

Semiconductor stocks are under pressure, but after sharp declines, the next move may be just as important as the selloff itself. 👀 🧠 $Micron Technology(MU)$ — Don’t Chase the Selloff Micron’s weekend trading activity is showing a potential print around $818. If that price holds into Monday’s regular session, the stock could open with a significant gap lower. ⚠️ With price potentially stretching well below the lower Bollinger Band, short sellers should be careful about chasing the move. A sharp reversal could catch late shorts off guard. And with a P/E ratio around 11, $MU doesn’t look expensive on that metric alone. But remember, memory-chip earnings are cyclical, so a low P/E doesn’t automatically mean the stock has bottomed. 📉

Both the consumer and wholesale inflation reports released this week came in hotter than expected. The Consumer Price Index (CPI) showed annual headline inflation accelerating to 3.7% in September, up from 3.4% in August, while consumer prices rose 0.6% on a monthly basis. Removing volatile food and energy, core CPI ticked up to 2.6% annually, from 2.4% in August. The 3.7% print reflects a re-acceleration, it remains well below the multidecade peak of 9.1% recorded in June 2022 but it extends one of the longest stretches of elevated inflation in the past century. Headline CPI has now stayed above the Federal Reserve’s 2.0% target for more than five years, since March 2021. The primary catalyst for the recent bump is energy. The conflict in the Middle East has disrupted energy supplies and

Two charts to watch as we head into next week. Oversold conditions may invite a bounce, but that doesn't automatically mean the uptrend is back. 📉 $SPDR S&P 500 ETF Trust(SPY)$ | Oversold Bounce on Deck? Price has again traveled from the upper Bollinger Band to the lower band and is approaching oversold territory. A technical bounce next week looks increasingly plausible. But there’s a catch: the uptrend has already been interrupted, and the breakdown from the narrowing price structure remains a risk for bulls. A bounce alone won’t confirm a recovery. 🔄 $VanEck Semiconductor ETF(SMH)$ | Another Bounce-and-Selloff Cycle? The pattern is becoming familiar: bounce, selloff, bounce, selloff. Until price br

On Thursday, October 1st I documented the technical reasons why a spike in $Cboe Volatility Index(VIX)$ was imminent, commenting in several editions that the move had a 2 week window to occur. On Thursday October, October 8th I anticipated a bearish formation in price action for the $NASDAQ 100(NDX)$ , increasing the probabilities for a decline in the market. This week’s selloff is not unexpected, neither the destinations considering specific price levels that I have been highlighting in the premium / paid content: 7684.7 for $S&P 500(.SPX)$ / 765.6 for $SPDR S&P 500 ETF Trust(SPY)$ , and 29,647 and 29,235 for

$Roundhill Memory ETF(DRAM)$ is a good reminder that chasing a sharp selloff can be dangerous. On October 14, the stock looked oversold relative to its Bollinger Bands, while the oscillator was curling up from oversold territory—a signal that had been constructive in recent sessions. By Thursday morning, with $DRAM down 6.5% in premarket and facing a major gap below the lower Bollinger Band, the risk of shorting late was already elevated. The stock subsequently squeezed bears as the oversold conditions fueled a rebound. The lesson: A sharp gap down doesn't guarantee further downside. When price is stretched, wait for confirmation and use key price levels to define risk rather than chasing momentum. Stay disciplined, Tigers. 📊 Markets are always mo

Hi Tigers! 🐯 Let’s look at four names on the radar today. Some are holding constructive setups, while others need to reclaim key levels before the bullish case strengthens. 📈 $Meta Platforms, Inc.(META)$ — The breakout remains solid above the 20DMA. A break below that average could open the way to the lower Bollinger Band, but there’s no reason to anticipate that move before the blue line breaks. For this week, keep 725.9 on your radar. 🎯 $Netflix(NFLX)$ — Yesterday’s analysis highlighted a constructive setup, and the follow-through delivered. The price action played out as expected. 💪 $Qualcomm(QCOM)$ — Wednesday’s resilience hinted at a bounce, and Thursday’s r

An interesting divergence is playing out in the market. While the $Dow Jones(.DJI)$ is currently in the green for the week +1%, the $NASDAQ 100(NDX)$ and $S&P 500(.SPX)$ are down -3% and -0.9%, respectively. A major sector rotation is underway: Semiconductors ( $VanEck Semiconductor ETF(SMH)$ ): Down -7.4% on the week, driven by sharp pullbacks in individual names like $Micron Technology(MU)$ (-9.5%), $Advanced Micro Devices(AMD)$ (-7.5%), and $NVIDIA(NVDA)$ (-5%). Defensives & Value: Consum

Three charts to watch as tomorrow’s PPI data approaches. Oversold conditions could trigger tactical bounces, but the broader technical picture remains cautious. 🔹 $Alphabet(GOOG)$ — A higher low today adds another point to the uptrend, but bearish momentum suggests downside continuation could follow tomorrow. A break below the 20-DMA would weaken the structure and open the way toward the lower Bollinger Band at $333. That level also aligns with a key monthly level and an ascending diagonal. 🔻 $VanEck Semiconductor ETF(SMH)$ — Semiconductors have entered correction territory, falling 12% in just six trading sessions. The rapid decline is pushing prices toward oversold conditions. A gap down tomorrow could t

During the past few days, I have been cautioning subscribers about a spike in volatility, backed by technical factors that were clearly documented, including cracks in the technology sector. More specifically, semiconductors are currently printing a bearish week: $VanEck Semiconductor ETF(SMH)$ and $Advanced Micro Devices(AMD)$ are both down -6% for the week, and $Micron Technology(MU)$ has declined -11%. Last night, I highlighted the risks of a decline considering price action for the $S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ , since the structure for both indices had a downside mag