$Meta Platforms, Inc.(META)$ Price has bounced off the same floor twice now, classic double bottom on the daily. Wall Street likes to call these coincidences until price proves them wrong again.
$Health Care Select Sector SPDR Fund(XLV)$ Health Care sector setup review. XLV looks like a valid setup right now. The weekly RSI is at a healthy 63.95, inside the 51-85 window, and SCTR is high at 87.4. The weekly Renko chart shows a shallow, orderly 4-brick red pullback that held support above the rising EMA(20) at 162.72. On the 195-minute Renko chart, the 2nd consecutive green brick has printed at 171.00, with a fresh upward hook in StochRSI at 0.383. Overall, this looks like a strong alignment, and the sector is showing green for long entries. One thing to keep in mind: the SPY 195-minute 1% Renko chart currently has a red brick. I would want to see a green brick print before taking any new long positions.
$Meta Platforms, Inc.(META)$ Meta has a market cap above $2T, yet the discussion keeps ignoring their large-scale AI ambitions, $300 billion in revenue, and roughly $70 billion in annual net income. The focus instead falls on free cash flow being light this quarter, even though they are sitting on about $90 billion in accessible cash.
$Invesco QQQ(QQQ)$ The 07.20.2026 forecast identified 683.44–644.56 as a bullish turning area. Buyers stepped in as expected, with partial profits booked and the remaining position at zero risk. As long as 656.22 holds, pullbacks in 3 or 7 swings can find support for further upside toward 779.78–829.09. Trade the blue box, high frequency areas.
$PayPal(PYPL)$ 65BAround $75.41 for $70B, around $81.21 for $75B, around $87.00 for $80B, around $92.81 for $100B, around $116.01. In my opinion, $Meta Platforms, Inc.(META)$ is offering $70B at around $81.21.
$Invesco QQQ(QQQ)$ The chart from 07.20.2026 flagged a buying opportunity in the 683.44–644.56 zone. Bulls stepped in from that area as expected, and long positions were able to lock in partial profits while the rest of the position runs risk-free. Going forward, QQQ is expected to push higher, with room for 2 more swings to complete the impulsive cycle from the 07.29.2026 low. The next upside target zone is 779.51–828.69. Once this impulsive cycle is done, a corrective move lower is expected, with 656.22 as the key reference level. Trade the Blue box, high frequency areas.
$Alphabet(GOOGL)$ Took a hit on Friday from triple witching, similar to what happened with META. Now I'm looking to recover every penny. $350 looks like the floor, and $360 is the ceiling for the coming days. Evercore and Tigress have raised their price target to $485.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ From AlJazeera: Qatar's Energy Minister and CEO of QatarEnergy said the state-run energy company is producing a very minute amount of LNG, and the country could resume normal gas production a few weeks after the Strait of Hormuz is reopened. At the Qatar Economic Forum, Saad Sherida al-Kaabi said critical equipment was unable to reach Qatar due to the Hormuz crisis. There is very minute LNG leaving Qatar right now. Qatar is the 3rd largest LNG exporter in the world, usually exporting 77.2 million tonnes. The US is the biggest, followed by Australia. This means over 50M tonnes of LNG isn't being exported. This incr
$Meta Platforms, Inc.(META)$ I've been saying this for two years now, and I said it again nine months ago. The stock has been stuck in the mud, but it's been good mud, and now it's starting to lift. It's still not too late because it's going above $1000. You have two geniuses here, Mark Zuckerberg and Alexandr Wang. They're going to be massive leaders in artificial intelligence. MUSC is already number one in the App Store after just a weekend, and now it's available on Windows. The Connect meeting is coming up next week. It's going to be gigantic, humongous, bigger than the IPO at these levels before you miss out.
$Meta Platforms, Inc.(META)$ It would have closed above $766, but with options expiring the market makers pushed it down to $763 right away. For the end-of-week expirations, the position still looks safe and should pay out.