$Eversource(ES)$ On the 1-hour chart, the market has been riding descending support. A close above the 20 SMA at 7729, with that level turning into support, would be the point where the reversal starts. $SPDR S&P 500 ETF Trust(SPY)$ SPX
$SPDR S&P 500 ETF Trust(SPY)$ USAEquityResearch is at 767.45, down 0.68%. The overall trend still looks bullish, but RSI is at 77.2, so it is overbought and extended enough that some caution makes sense. MACD remains bullish, above the signal line and rising, with volume in a normal range. Key levels to watch: resistance at 777.88, support at 729.46, 20-MA at 758.68, and 50-MA at 749.53.
$SPDR S&P 500 ETF Trust(SPY)$ It needs to make a higher high above 767.87, but it just made a lower high. It has to break that 60-minute lower ORB at 767.90, which is tough resistance. Here's a higher high... BOOM!
$SPDR S&P 500 ETF Trust(SPY)$ Simple question. Why is the market near all-time highs while bonds are also near all-time highs? I thought these two were supposed to move in opposite directions. How are both of them near ATH at the same time?
$Rum Group Inc(RUM)$ I also forgot that VP JD Vance has 10% of his portfolio in RUM. It feels pretty likely that a cloud contract with the US government is on the way, similar to $Axon Enterprise, Inc.(AXON)$ and INTC.
$Intel(INTC)$ Intel CEO Lip-Bu Tan recently called new memory architectures his "pet project" on a Tom's Hardware podcast. He described the memory sector as a strategic opportunity within an AI-dominated semiconductor landscape, pointing to a memory shortage extending through 2027. Tan reportedly told major memory suppliers there would be "no relief until 2028" on the supply crunch. Intel has positioned itself as a strong partner for HBM integration, taking memory made by others like SK Hynix, Samsung, and Micron, and packaging it more tightly with Intel customer chips. Former SK Hynix CEO Seok-Hee Lee joined Intel as Executive Vice President on June 18 2026. His official mandate covers advanced packaging, syst
$SPDR S&P 500 ETF Trust(SPY)$ A lot of shorts seem to have gotten trapped thinking the MOU between the US and Iran expiring would automatically restart the war. With that backdrop, next week looks like it could set up a pretty strong rally, with short squeeze and gamma squeeze dynamics all in play.
$iShares Expanded Tech-Software Sector ETF(IGV)$ Daily chart shows a W double bottom, with the jar filled at 108. A doji candle formed after a small dip near the EMA 4 support at 103.03. The close was just above EMA 4, and as long as that holds, the bulls stay in control. The doji points to indecision, and this zone will probably get resolved soon. If EMA 4 fails to hold, the 300 and 400 SMAs, lined up with ENA 13, could get tested. That support confluence would likely attract buyers. Bulls are watching for two things: a new high and a close above the closing price from the 10th.
$Oracle(ORCL)$ While a lot of people are hoping for a $10 move, the algos could rip it $30 in a single day and blow the shorts up. Holding tight to my shares.