$MU Earnings Blowout: AI Demand Overrides Fed’s Hawkish Shift
$Micron Technology(MU)$ — Exceptionally strong earnings reinforce that AI demand is pushing through the Fed’s cautious macro narrative. 2 key developments from yesterday: The Fed held rates steady, with the dot plot now signaling just 1 cut for the rest of 2026 (down from 3) with expectation of higher inflation. Micron delivered standout results—EPS +682% at $12.20 (vs $9.31 est), revenue +196% YoY at $23.86B (vs $20B est), with next quarter guidance at $33.5B. The numbers are exceptionally strong for a company nearing half a trillion in market cap. While it may be gapping down 4% pre-market on increased capex commitments (+$5B, bringing total to $25B), with expectations for further spending into 2027, relative strength remains intact. Price is stil
$Microsoft(MSFT)$ — 6-Week Bearish Flag, RS Divergence Microsoft has broken below a 7-year trendline support and failed to reclaim it during the early March bounce, despite a 10 vs 20-MA golden cross attempt. The past 6 weeks of tight, congestive price action have developed into a bearish flag with price is now less than 5% away from its 9-month low. There are actually multiple mega cap tech chart on the brim a 6/9-month low breakdown, which could amplify any significant downward price acceleration to the market cap weighted ETF charts (eg. $Technology Select Sector SPDR Fund(XLK)$$Vanguard Mega Cap Growth ETF(MGK)$ ) due to their heavy weight. Market Cap $2.9T |
$SPDR S&P 500 ETF Trust(SPY)$ — Short Term Perspective with MMTW % Of Stocks Above 20-MA 2 days of gains have been fully erased today, with MMTW returning to historically oversold levels—similar to where we started the week. A 2–3 day rebound wouldn’t be surprising, even with SPY at a new YTD low, as price is back near downtrend channel support. If you’re looking to position shorts on tight risk, they should have been initiated before the move—not after today’s close. SPY - Update Monday +1.02% Tuesday +0.26% The market remains within a downtrend channel even with any further potential +1% move into the end of a positive week. There’s still no clear sign of a strong breadth thrust, even though strength in select tech names may create a sense of
$CRCL +120% Rally Stretched, 10x ATR Signals Profit-Taking Zone
$Circle Internet Corp.(CRCL)$ — 10x ATR% extended from the 50-MA into major resistance. Awakening after a period of neglect from Q4 earnings report, now up +120.37% over the past month. Imagine the potential of this rally in a more favorable market environment. Triple digit % EPS surprise in last 2 quarterly report (Q3'25 +235%, Q4'25 +162%). Volume is lowering as it pushes higher towards current resistance level, which coincide with a 10x ATR% extension from its 50-MA. If you are lucky to have caught this, it is worthy to take some size off and locked in major part of your profits in the short term. Market Cap $31B | ADR: 8.4% | Avg $ Volume: $2B For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,00
$Tesla Motors(TSLA)$ — Bullish Falling Wedge Pattern Tesla has shown relative strength since March 3, continuing to trade within a tightening range inside a 3-month falling wedge from mid Dec all-time-high. It’s also been 6 weeks since $TSLA last traded a session with volume above its 50-day average. Price is now compressing into a 6% range with the major MAs (20/50/200) converging. If price can hold above the 200-MA while the 50-MA continues drifting lower toward the wedge apex, it could create an explosive short term price move from the confluence of a wedge breakout and MA recapture within a similar price zone. Market Cap $1.4T | ADR: 2.9% | Avg $ Volume: $24B For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of
$SPDR S&P 500 ETF Trust(SPY)$ — The Current Reality Price is sitting at downtrend channel support, which could allow for a short-term bounce. Moves within this channel can easily reach +2% in upcoming week, making it tempting to turn optimistic if it happens over the course of 3-4 consecutive sessions (eg. Mon +0.4%, Tue +0.7%, Wed +0.5%, Thur +0.3%). The reality is market structure has already evolved into a an established downtrend with lower highs and lower lows. There could be selective long ideas/trades to be taken but, the downtrend channel supported by deterioration in breadth isn’t an environment where holding with a conventional short term moving average stop is ideal. It is much more advisable to be more proactive with your partial pr
$Valkyrie Bitcoin Miners ETF(WGMI)$$VanEck Digital Transformation ETF(DAPP)$$Bitwise Crypto Industry Innovators ETF(BITQ)$$Global X Blockchain ETF(BKCH)$ — Coordinated Bullish Wedge Formation The past month of relative strength in major crypto coins BTC, ETH, XRP, SOL has coincided with constructive price structures across key Bitcoin mining, blockchain technology, and digital asset infrastructure ETFs. While an immediate breakout may be a tall order given the cluster of major moving average resistance overhead in each of those highlighted groups, the longer these groups continue to consolidate and base while the weak
$Palantir Technologies Inc.(PLTR)$ - Bullish Pennant Hovering Beneath 50-MA Came across $PLTR from Markadiusz45 portfolio update post. The relative strength here looks promising relative to not just the market, sector, but also its own industry group $iShares Expanded Tech-Software Sector ETF(IGV)$ that's currently showing leadership. Price has been riding above the 10 vs 20-MA since beginning of march, well ahead of $Invesco QQQ(QQQ)$ and $Technology Select Sector SPDR Fund(XLK)$ . While price resisted right beneath declining 50-MA for 6th session, way ahead of $IGV distance to 50-MA. The recent rejection at the 50-MA afte
$D-Wave Quantum Inc.(QBTS)$ — Bearish Head & Shoulders Pattern The stock has been consolidating in a lower-high range above the $17s over the past month. Mid-term weakness may resume after rejection at the declining 10/20 MAs. Price is now approaching a pivotal breakdown level of a 9-month classical head-and-shoulders pattern while trading below all major MAs. Market Cap $6.6B | ADR: 7.4% | Avg $ Volume: $562M For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now Find out mor
$ARK Next Generation Internet ETF(ARKW)$ — Surprisingly, 1 of the 9 strongest groups on a 1-month RS basis. There are several 1-month leading industry groups aren’t at new highs, but are bouncing off long-term pivotal trendline support. The following are 10 major stocks in ARK Next Generation Internet ETF with their industry groups: $Tesla Motors(TSLA)$ — Electric Vehicles & Autonomous Mobility $Advanced Micro Devices(AMD)$ — AI & Data Center Semiconductors $Roku Inc(ROKU)$ — Streaming Platforms & Connected TV $Robinhood(HOOD)$ — Digital Brokerage & Fintech
$AAOI Near 52-Week High with Strong Momentum in $SOXX
$Applied Optoelectronics(AAOI)$ (11.5% ADR) – Less than 1 x ADR from its 52-week high Currently trading under 2.5 x ATR% from the 50-MA, within one of the most relentless 3-month performing group in $iShares Semiconductor ETF(SOXX)$ . The last time it reached this price in early December 2024, it was extended beyond 12 x ATR% from the 50-MA, followed by a -75% pullback over the next four months, before stabilizing on its first quarterly YoY growth in both earnings and sales, and continuing with two consecutive quarters of growth. Price has risen over threefold +356%, but from a technical perspective, the chart may still present a favorable risk-reward opportunity for a cleaner and more linear price trajec