To The Moon

U.S. equities finished the midweek session essentially flat, marked by a historic intraday move in which the S&P 500 $S&P 500(.SPX)$ briefly crossed the 7,000 level for the first time. The benchmark index ultimately faded to settle unchanged like the $Dow Jones(.DJI)$ , and the $NASDAQ 100(NDX)$ gained 0.32%. Market participants digested the Federal Reserve’s widely expected decision to hold interest rates steady.

The S&P 500 remained muted not only today but also throughout November and December, showing net moves of just 0.13% and 0.05% respectively. As mentioned weeks ago, the real opportunities right now are found in individual names rather than the broad indices and for that reason I keep track of a specific list of megacaps and securities with high daily volume.

The bullish expectation posted on Saturday for the Standard & Poor’s was correct, the index surpassed the $6,970 target, crossing $7,000 and all-time highs for a moment. This level serves as a reference to close short-term positions if breached.

For the Nasdaq (NDX), the projected move to $25,892.1 (+1.1%) happened yesterday, and the extended target of $26,178.7 was met today (check the impressive precision). Price reversed upon reaching that second target zone. Similarly, the Qs reached our extended target of $636. The $SPDR S&P 500 ETF Trust(SPY)$ target of $694.7 remains the reference line to measure continued momentum.

Regarding individual names, $Meta Platforms, Inc.(META)$ met the bullish expectation. The target of $683.5 (+3.8%) was surpassed following the earnings report, and the extended target of $708.2 (+7.5%) is being reached.

$Microsoft(MSFT)$ also followed the bullish anticipation, surpassing the $478.5 (+2.7%) target. $Amazon.com(AMZN)$ met its $244.1 (+2.1%) target. The price surpassed this level before declining, offering an opportunity to close positions. High-probability setups also include bearish positions, as seen with $Eli Lilly(LLY)$ ; the setup targeted $1021.5 for a -4% move. Since price breached this target and reversed, we will analyze the current context below to determine the next steps.

Beyond the high-probability list, I provide analysis for the full universe of securities. For example, the bullish expectation for $NVIDIA(NVDA)$ targeted $182.3 (+2.5%). This level marked today’s high, achieved despite daily indecision. Similarly, the bullish setup for $Tesla Motors(TSLA)$ targeted 461.8 (+2.9%).

A critical feature of the weekly setups for 34 securities is the specific reference level for risk management. If a setup is invalidated, this price point dictates the exit. $Palantir Technologies Inc.(PLTR)$ serves as a prime example: My bullish setup targeted $174 (+2.6%) –$178 (+5.2%) with an invalidation level of $167. When the price retraced and breached $167.6 on Monday, the risk was contained to just -1.2%, protecting paid subscribers to a -7.2% selloff.

This demonstrates the value of combining directional analysis with professional support and resistance levels to manage performance. Other setups are also tracking expectations: $iShares Russell 2000 ETF(IWM)$ $Berkshire Hathaway(BRK.B)$ $Wal-Mart(WMT)$ are validating the bearish expectations. Conversely, $Apple(AAPL)$ triggered its key level and rallied, NVDA is in the green as anticipated reaching $192.3 as anticipated.

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