Today's market is being driven by a mix of high-profile stock moves, valuation concerns, and technical signals.
From SpaceX's sharp decline and Bloom Energy's short-seller controversy to the S&P 500's stretched valuation gap and Microsoft's key technical test, these are the charts investors should be watching closely.
1. $SpaceX(SPCX)$ & $Tradr 2X Long SpaceX Daily ETF(SPCM)$
SpaceX $SPCX will eventually be worth more than Planet Earth, proclaims Founder Elon Musk đ Hard to beat the risk/reward on that if it plays out â
For magnified exposure, consider the Tradr 2X Long SpaceX Daily ETF $SPCM
SpaceX has now lost $1 Trillion in market cap since hitting an all-time high last month đ đ
2. $Bloom Energy Corp(BE)$ & $Tradr 2X Short BE Daily ETF(BEZ)$
Bloom Energy was up 2,000% in 2 years, but was it built on a lie?
Hunterbrook Capital, a short-selling fund, says $BE is reliant on Chinese scandium despite its CEO saying otherwise. For magnified bearish exposure, consider the Tradr 2X Short BE Daily ETF $BEZ
3. $S&P 500(.SPX)$
The gap between S&P 500 trailing and forward P/E is at one of its widest levels in history, usually only occurring at market extremes like the Dot Com Bubble and the 2022 Bear Market
4. $Microsoft(MSFT)$
Microsoft $MSFT on track to once again close below its 200-week moving average
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