To The Moon

$Invesco QQQ(QQQ)$ : The 50DMA has officially flipped to resistance. As mentioned, price action on Friday closed weak, green Monday vanishing was expected. The question today is: will you buy at the current volume shelf (A), at the next gap & shelf (B), or are you looking forward to (C)? Stock chart for QQQ on daily timeframe displays candlestick price action with green and red bars forming an uptrend that peaks and pulls back. Blue line represents 50-day moving average sloping upward then flattening as resistance. Green shaded areas indicate volume profiles with high volume shelves. Yellow horizontal lines mark support and resistance levels labeled A at 464, B at 460, and C lower near 450. For SG users only, a tool to boost your purchasing pow

1. $Micron Technology(MU)$The monthly price action is above the upper Bollinger band, and the RSI is quite overbought. Previous occurrences in Feb 2021, and April 2024 suggest that a return to the Bollinger range is coming, followed by a multi-month decline.Stock chart for MU on monthly timeframe displays green and red candlesticks forming price action above the upper Bollinger band. RSI indicator at the bottom shows overbought levels above 70. 20 MA line in green trends upward. Annotations highlight previous occurrences in Feb 2021 and April 2024 with green arrows. 2. $Invesco QQQ(QQQ)$ The 50DMA is becoming resistance. Zooming in to the 4-hour chart, there was a lack of conviction at Friday's close, unlike

$Apple(AAPL)$ : Consolidation in Play?Over the last few months, the price has repeatedly breached the upper Bollinger Band, consolidated, and then visited the lower Bollinger Band. Is this time different, considering the overall market is currently setting lower lows?.Stock chart for AAPL on a daily timeframe displaying candlestick price movements with a 20-period moving average line in blue, upper and lower Bollinger Bands in red and green, highlighted support and resistance zones in pink and green rectangles, and volume bars at the bottom.For SG users only, a tool to boost your purchasing power and trading ideas with a Cash Boost Account!Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commissio

The week started in the green, precisely as suggested by the technical indicators posted in this publication. The bullish thesis was primarily based on the Volatility Index $Cboe Volatility Index(VIX)$ posting a bearish reversal formation (bullish for stocks) on Friday, November 7th. Furthermore, breadth indicators also suggested a bounce. However, considering the long-term price structure for the indices and individual stocks, I maintained that declines do not occur in a straight line, and Monday’s bounce was likely part of a healthy consolidation.The $S&P 500(.SPX)$ central weekly level of $6,747 was quickly conquered on Monday and began the week as support. Momentum continued, but the next weekly re

The Momentum Map below illustrates the movement for different companies analyzed every week, the lines present the evolution for over 10 weeks. First, note how $Broadcom(AVGO)$ fell from the leading quadrant🟢; it is now -11% from its top after a weekly shooting star candlestick and a new bearish MACD crossover. $Strategy(MSTR)$ also continues to decline following a technical setup, and the falling price of Bitcoin is not helping🔴. The red quadrant is where you should avoid long positions, but it is also where solid companies often find support and bounce (I track large or megacaps only). This publication helps to time those bounces using technical analysis, just as it did with

$S&P 500(.SPX)$ : The 50DMA was visited as expected. This time with a scary gap down that was filled quickly, given once again to the confluence of the 50DMA and the lower Bollinger Band. Notably, this specific technical setup has now occurred for the third time on a Friday. Reading Price Action is Primal:Posted on Friday, Nov 7th: “this could be a short lived bounce in the indices (or a short lived top in the $Cboe Volatility Index(VIX)$ ). In any case, this chart suggests to be open minded for green price action in the indices.”Posted on Saturday, Nov 9th: “the beginning of next week could be green IF the price action from Friday is validated as bullish considering the hammer in that timeframe that b

U.S. equities demonstrated significant instability on Friday, staging a dramatic recovery after a sharp morning selloff that saw the $S&P 500(.SPX)$ plunge as much as 1.3%. The index ultimately erased nearly all those losses to close with a modest 0.1% decline, while the $NASDAQ(.IXIC)$ reversed its own 1.9% intraday drop to finish with a 0.1% gain. This reversal was once again orchestrated by the high-flying AI sector. Shares of $NVIDIA(NVDA)$ , a key market driver, tumbled at the open only to stage a strong comeback, pulling broader indexes higher and illustrating the market’s heavy reliance on a concentrated group of mega-cap names.Fed Uncertainty Creates

$S&P 500(.SPX)$ : The bounce anticipated last Friday was spot on, as was the call for a pullback; price action is primal 🎯🎯. Pullbacks in bull markets aren't straight-line declines. The 20DMA was breached with conviction, the candle suggests the move isn't complete. 50DMA visit imminent.A financial chart displaying the S&P 500 daily candlestick price action from August to November, with green and red bars indicating up and down movements, a blue line for the 20-day moving average breached downward, a purple line for the 50-day moving average approaching, upward trend line from recent lows, and labels for price levels around 5900 to 6000 History doesn't repeat, but it rhymes.In November of year 1 of the US presidential cycle, the S&P 50

$S&P 500(.SPX)$ : Price action suggests the bounce from Monday is losing momentum, which is a positive development for bulls. The sooner the gap at $6,730 is filled for the #SP500, the better the foundation for a healthier seasonal rally at the end of the year.Stock chart for SPY daily timeframe displays candlestick price bars in green and red from July to November with upward trend. Yellow line represents 10MA, orange 20MA, purple 50MA overlaid on bars. Blue circles highlight key points on moving averages and price levels like 4.3% 6.0% 6.4% 5.8% 6.2% 5.9% 6.0%. November Seasonality SPX since 1927.SPX avg: +1.01% (59% win rate). $NASDAQ 100(NDX)$ : +2.47% avg |

The market’s narrative on artificial intelligence is shifting from future promise to the present-day realities of a capital-intensive arms race. As this technological buildout redefines entire industries, a more sober analysis of its economic impact is required. This edition provides a fundamental examination of three critical players executing distinct AI strategies: $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Apple(AAPL)$ $Palantir Technologies Inc.(PLTR)$. These companies are not merely competing; they are forging divergent paths, with Google and Apple leveraging their dominant consumer ecosystems while Palantir establishes