To The Moon

$Roundhill Memory ETF(DRAM)$ 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

Both charts are showing constructive price action, with key levels defining whether the bullish momentum can continue. $Amazon.com(AMZN)$ — Riding the Upper Band Moving along the Bollinger Band without breaking below it is constructive. Amazon remains in an immediate uptrend as long as it holds above $258 this week. $Meta Platforms, Inc.(META)$ — Breakout Retest The pullback to the 20-DMA is playing out as expected after META broke above the upper Bollinger Band. More importantly, the breakout has taken the stock above the sequence of lower highs in place since the start of the year. So far, this looks like a solid trend reversal. Holding the 20-DMA would help reinforce the bullish case. #Bullish Markets

The $S&P 500(.SPX)$ closed muted for the second day in a row, showing indecision ahead of key inflation data. Tomorrow, the CPI will be released before the opening bell at 8:30AM EST, and on Thursday, the same will occur with the PPI and jobs data. The market is anticipating just a 22% chance of a rate hike on October 28th, when the Federal Reserve will make the decision whether to keep rates steady or increase them by 0.25%. The consensus for CPI YoY is 3.6%; any number above it may increase the probability of a rate hike tomorrow, placing potential pressure on stocks. The same applies to Thursday, when core PPI is forecasted at 0.5% for the month. Forecasting macroeconomic data is tricky, but staying prepared ahead of potential moves is esse

The week started with an interesting divergence highlighted last Saturday in the Weekly Compass: $Dow Jones(.DJI)$ showed a likely bullish setup, while tech exhibited cracks. Indices usually move in the same direction but with different proportions, and today those divergent setups indeed pushed both indices in opposite directions. $Dow Jones(.DJI)$ +0.35% vs $NASDAQ 100(NDX)$ -0.71%. The described cracks for tech are playing out. From the high-probability setups mentioned last Saturday, $NVIDIA(NVDA)$ was set to decline and the stock lost -1.3% today. $Advanced Micro Devices(AMD)$

Three charts, three setups to watch this week. 🔹 $Amazon.com(AMZN)$ — Momentum Is Back The bounce off the lower Bollinger Band played out as expected, with price reclaiming the 20-DMA on bullish momentum. Some consolidation near the upper band would be normal, but the move could continue. There are no major overbought signals yet, leaving room for further upside if buyers stay in control. 🔹 $JPMorgan Chase(JPM)$ — Earnings in Focus The chart looks constructive heading into earnings this week. The key will be how price reacts to the report and whether the current momentum holds. 🔹 $Qualcomm(QCOM)$ — Oversold at the 50-DMA $QCOM is oversold and finding support

Earnings season begins next week, and the stock market has shown resilience lately despite ongoing pressure from the bond market. The 10 year Treasury yield surged to a 24 year high of nearly 5.37% on Wednesday before settling near 5.25% by Friday’s close, continuing to test equity valuations. Meanwhile, the probability for an October rate hike sits just at 18%, which has helped temper extreme downside fears. However, it is crucial to watch the reversal unfolding in semiconductors. In last Wednesday’s mid-week update, I documented that $NVIDIA(NVDA)$ was setting up a bearish reversal. Sure enough, semiconductors, including $NVIDIA(NVDA)$ -2%, $Micron Technology(MU)$</