$Alphabet(GOOGL)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ I haven't owned Google, but why is it so weak? I still think it's best of breed and will end up as one of the eventual winners when this all shakes out. But honestly, the daily is completely below the lower Bollinger Band. It had a fast 6 week parabolic move in April-May and has been grinding down slowly over the past 4 months.
$Meta Platforms, Inc.(META)$ The WSJ spotlight is bringing more attention to the name, but I'm holding because of the underlying setup: 16,078 ha at Wilmac, historical copper up to 1.67% Cu, 926 soil samples and 3 priority targets. More visibility is nice. The real reason I stay in is that the biggest technical catalysts are still ahead.
$Meta Platforms, Inc.(META)$ $Alphabet(GOOGL)$ I hope the US allows us to control what the algorithms make us see. Australia's online safety watchdog said in April that it was considering court action against Facebook, Instagram, Snapchat, TikTok, and YouTube over allegations that they were not doing enough to keep children under 16 off their platforms.
$Meta Platforms, Inc.(META)$ Bouncing in a corrective zigzag, with potential to reach the 632–654 zone this week before the decision point arrives. From there, price can either extend into the next leg lower of a daily pullback or settle into a 3-wave back. Selling isn't favored.
$Invesco QQQ(QQQ)$ Dubai investors were hoping US investors had one more chance last week to add a large amount of QQQ in the low 700s, especially on Friday, driven by renewed strength in the semiconductor sector. Our analysts see the semi sector as having re-awakened, with potential to push toward a new all-time high and beyond. That ATH, as US investors have often referenced, could propel QQQ to 795-825 by the end of September. There's also a case for starting to accumulate SMH and SOXX for the next ATH, with MU and SNDK potentially joining NVDA as new leaders in the semi space. More gains could be ahead. Good luck to US investors.