The traditional semiconductor cycle has changed. For four decades, chip stocks moved as one: demand rose, capacity followed, prices fell, and the group corrected together on a predictable rhythm. That playbook no longer describes the market. The AI infrastructure buildout has accelerated demand so violently, and concentrated it so unevenly, that the sector has split into two economies operating under entirely different physics. The Data Center now runs on multi-year contracted backlogs, sold-out supply, and pricing power that compounds rather than decays. What broke the cycle was the scale and, more importantly, the visibility of AI infrastructure spending. Demand did not merely rise; it arrived with names, gigawatts, and delivery dates attached. Order backlogs now extend years rather than

$S&P 500(.SPX)$ Indecisive price action suggests that most of the positive geopolitical headlines are already priced in. The fact that the $Cboe Volatility Index(VIX)$ gained more value than the indices suggests caution, pointing to a potential validation of the active bearish RSI divergence. $Uber(UBER)$ has reached oversold conditions. The last time price breached the lower Bollinger Band while the oscillator was oversold, it triggered a choppy bounce back up to the upper band. 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption thres

Market momentum is becoming increasingly tactical as select leaders test key technical inflection points. From $MELI rebounding sharply off oversold conditions to $TSM and semis flashing overbought signals, traders are watching whether momentum can continue or if mean reversion takes over. Meanwhile, small caps and growth names like $IWM and $PLTR are approaching critical breakout zones that could determine the next phase of market direction. 1. $MercadoLibre(MELI)$ Last week, $MELI stood out as an overextended bear with high probabilities for a reversal. The stock rallied 7.6% during the week, reaching $1,708, a level included in the screener shared in the Founding Members Hub, where levels for MELI, $SPX and megacaps are updated daily. Keep an e

Markets are showing signs of exhaustion near key resistance levels, with bearish candle structures and RSI divergences emerging across major indices and semis. Setups in $SPX, $DIA, and $AMD suggest elevated pullback risk heading into next week. 1. $S&P 500(.SPX)$ Gravestone doji at the top; the next candle is very likely to be red, presenting a good R/R for shorts. The RSI divergence adds more bearish references. 2. $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ Indecisive candle above the Upper Bollinger band.⚠️ Usually risky for longs. The 20DMA is the usual minimal destination. The gap below adds pressure to the setup. 3. $Advanced Micro Devices(AMD)$ S

1. $S&P 500(.SPX)$ Dip buyers jumped in close to the 7,360 daily demand zone. The candle suggests a bullish reversal, the MACD crossover indicates the trend is switching, making further decline likely. The gap at 7,273 is a must-watch zone. Received two questions in different platforms -> to clarify: The bearish MACD suggests the bullish trend is switching. $SPDR S&P 500 ETF Trust(SPY)$ 2. $ServiceNow(NOW)$ It's now or never for ServiceNow. Reversal signs are accumulating, and the price action remains structurally bullish above 92.4. $iShares Expanded Tech-Software Sector ETF(IGV)$

The market remains in a cautiously bullish regime. The rally continues, and fighting the trend can be risky; as mentioned yesterday, using specific levels to identify a bearish reversal is more effective than trying to anticipate one. Market breadth remains weak: just 41% of the stocks listed in the $S&P 500(.SPX)$ are above their 20-day moving average, and only 46.5% are above their 50-day moving average. In the Weekly Compass, we discussed the importance of maintaining at least 50% participation, a threshold currently only being met by the 200-day moving average. This essentially shows that while momentum is bullish, there is a significant divergence. Proceeding with caution is essential, as the rally is narrow and driven by a few mega-caps.

SPX is approaching key resistance at 7,299 while showing early divergence signals. IWM remains bullish but is starting to show initial momentum weakness, though trend structure is still intact. 1. $S&P 500(.SPX)$ Don't fight the trend until key levels are breached. The recent indecisive candle is suggesting to be an early signal as the Stochastic divergence continues to extend. It is a matter of when, not if. Next major resistance: $7,299, the "Tom Lee Warning Zone". 2. $iShares Russell 2000 ETF(IWM)$ Bullish until proven otherwise by the loss of key levels. In the meantime, watch the emerging bearish MACD cross. This signal preceded minor consolidations (A & B) and one deeper pullback (C). Current

The market is grinding higher, but the internals are sending mixed signals. While smart money remains steady—reducing the risk of a sharp selloff—rising retail confidence, gap-heavy price action, and divergences point toward a near-term consolidation rather than continued straight-line upside. 1. $S&P 500(.SPX)$ Dumb money confidence is strengthening while the SP500 continues to move higher, leaving behind gaps and indecisive candles. The good news is that smart money remains stable; so a major decline (-5%) is not expected, though a healthy consolidation (-1% -2%) is possible. 2. $iShares Expanded Tech-Software Sector ETF(IGV)$ The Software ETF showed resilience this week, with a 1.7% gain. The bounce

This week has been one of the most consequential for the 2026 market, defined by a historic Federal Reserve meeting and a flood of top-tier economic data. The Fed opted to hold the federal funds rate steady at 3.5%–3.75% for the third consecutive meeting, but the decision was marked by a rare level of internal dissent not seen since 1992. Four officials broke from the majority, signaling a significant rift over how to handle the “oil shock” caused by ongoing conflicts in the Middle East. With Brent crude $WTI Crude Oil - main 2606(CLmain)$ hovering above $100 per barrel and headline inflation spiking to 3.3% in March, the central bank’s “wait-and-see” approach is being severely tested by rising energy costs and a resilient labor market, where

Markets are flashing mixed signals—index-level strength is holding, but internal breadth continues to weaken. With sentiment elevated and volatility compressing, both the S&P 500 and key mega caps like Meta are approaching inflection points where the next decisive move could define the near-term trend. 1. $S&P 500(.SPX)$ Bulls managed to avoid the bearish MACD crossover that seemed imminent last month, mirroring the price action seen in 2018. Beyond that, the monthly candle shows conviction, a move that is usually followed by bullish continuation when a reversal begins as highlighted. The divergence with stock participation persists, as the percentage of stocks above their 20DMA has dropped to only 50% of the index constituents. Greed sits

$S&P 500(.SPX)$ The divergence with stock participation persists, as the percentage of stocks above their 20DMA has dropped to only 50% of the index constituents. Greed sits at 64, and the indecisive price action suggests a significant move is imminent. The S&P 500 $S&P 500(.SPX)$ rallied for three consecutive weeks when it bounced, gaining over 3% each week. Such an occurrence is rare in the stock market; the move was so rapid that apathy is the common human reaction, similar to what is observed during a breadth thrust signal. Today, the market is consolidating after this sharp move. Considering the high expectations seen across social media and mainstream news for a decline, I am providing a