$Tesla Motors(TSLA)$ We're approaching what feels like the start of a new phase for Tesla. The momentum around FSD seems significant, and I find the technology genuinely compelling. My own experience with the Model Y Performance has been impressive, and everyone I've shown it to has had a similar reaction. This quarter could mark a pivotal moment for the future of autonomous driving—the logic behind it is solid. Features like the Mad Max mode on the vehicle add an engaging, capable feel to the drive.
$Invesco QQQ(QQQ)$ is nearly back in positive territory as buyers step in. Recent comments from Trump regarding data centers seem to have marked a short-term low, with sentiment stabilizing quickly. A significant part of this recovery is being driven by the Mag 7 names pushing the broader market higher. However, many individual stocks across the market are still showing weakness and haven't fully recovered yet. The market isn't completely healed, but the structure is improving. I still think the next move higher is developing.
KOSPI jumped over 8% intraday, reclaiming the 7,000 level as risk appetite returned. Foreign investors bought KRW 2.4 trillion ($1.61 billion) worth of stocks by the afternoon, more than double the net buying from the previous session. Institutional investors were net buyers of KRW 180 billion, though at a slower pace. Retail investors sold nearly KRW 2.5 trillion, making them the only net sellers, while foreign buying focused on semiconductor stocks. $SK hynix(SKHY)$ $Samsung Electronics Co., Ltd.(SSNLF)$ $Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ $SPDR S&P 500 ETF Trust(SPY)$
$Invesco QQQ(QQQ)$ The market could see a bounce if JPMorgan Chase's earnings come in strong. JPM is scheduled to report its Q2 2026 results on Tuesday, July 14.
As earnings approach, $Tesla Motors(TSLA)$ is holding its key macro levels well, which looks like a longer-term setup is forming. The stock has been firm around $407.76. From a technical standpoint, it's showing good relative strength by holding that critical $400 support level. The area between $400 and $405 could be a demand zone to watch before the report, with a clear risk level below $390. A move above $425 on strong volume after earnings would be a significant technical signal.
$Cerebras Systems(CBRS)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ Cerebras saw a move higher following news of its first European data center capacity planned for late 2026. Cathie Wood's ARK has reportedly bought over $130,000,000 worth of stock since the IPO. The company's market cap increased by roughly $3,570,000,000 on Friday.