$Invesco QQQ(QQQ)$ In my opinion, the only way we get the crash that's needed is to go higher first. So let's push it up. Let's make the 2000 dotcom valuations look like a footnote. Nasdaq 40000, that's the direction.
$Oracle(ORCL)$ I'm usually a 90% bullish trader, and I'm hoping ORCL runs to $180–$200 after earnings. But with the selling pressure from spiking oil prices and rising 10-year Treasury yields right now, any mention of increased capex could hit the stock hard. Heavy debt is already Oracle's weakest link, and taking on new debt now means paying higher interest rates to match market conditions. If ORCL is smart, even if they have more capex planned, they won't disclose it on earnings day, and will do it later to give the stock a better chance to rally. $Adobe(ADBE)$ $iShares Expanded Tech-Software Sector ETF(IGV)$
The $Invesco QQQ(QQQ)$ weekly chart looks interesting. It has been building a 3-month base, with a shakeout inside that base, and price is getting tight on the right side. The 10/20-week MAs are pinching now.
$Horizon Quantum Holdings LTD(HQ)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ Some context for the market weakness: this isn't just about stocks. Treasury supply and auctions, Japan/BOJ policy, the yen carry trade, and U.S. yields are all interconnected. Higher yields mean pressure on growth and tech valuations. Add NVDA earnings and Jackson Hole into the mix, and there's plenty of reason for risk to come off ahead of two major catalysts. Watching the 10Y/30Y, NVDA guidance, and Warsh's comments.
$SUPER MICRO COMPUTER INC(SMCI)$ The valuation here looks ridiculously low. $11.1B in quarterly revenue, $1.18B net income, $1.70 adjusted EPS, 17.6% gross margin, and $65B–$72B FY27 guidance. Yet bears are still shorting near the bottom. With roughly 98M shares short, they're sitting on rocket fuel. Bears didn't short the top, they chased the bottom. Now they're trapped against explosive AI demand, record growth, and improving profitability. Fundamentals are strengthening, the valuation is compressed, and the squeeze setup is loaded. Triple digits remain in play. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$
$Hyperliquid Strategies Inc(PURR)$ MSTU is one of the only two things likely to deliver 2x this week. Never bet against the United States. SPY, QQQ, and TSLA round out the view.