On June 6, 2025, S&P Dow Jones Indices announced no changes to the S&P 500 index in its quarterly rebalance, marking the first such instance since March 2022. This decision notably excluded Robinhood Markets Inc., despite speculation that it might be included due to its market capitalization exceeding $20.5 billion and recent strong performance. Following the...
Robinhood's stock (HOOD) is dropping in after-hours trading due to several factors: 1. Regulatory Scrutiny: The company is facing increased attention from regulators, particularly regarding its expansion into unconventional financial offerings like sports betting-related features. 2. Analyst Downgrade: Wolfe Research recently downgraded Robinhood's stock from...
GE's stock is soaring due to strong earnings and optimistic future guidance from its aerospace division. 1. Blowout Earnings: GE Aerospace reported earnings per share of $1.75, far exceeding analysts' expectations of $1.10. 2. Surging Orders: The company saw a 46% increase in orders last quarter, signaling strong demand for its products. 3. Revenue Growth: GE...
Elon Musk and Donald Trump have recently had a public falling-out, with their feud playing out on social media and in political circles. The dispute seems to have started over Trump's new budget bill, which Musk has criticized for increasing the national debt. Trump, in turn, accused Musk of being upset because the bill removes electric vehicle subsidies that...
SPY has a major upside confluence zone around 625 Looking for a test of this area in the coming weeks. The level is about 5% away. Let the melt up begin.
The #SPY weekly chart is so bullish but don't take my word for it. Simply look at the weekly bullish crossover that occurred between the 7 week & the 20 Week MA. The last time this occurred was in Nov 2023 and the markets ripped 19% before having a major 3 week pullback and then another soaring continuation higher.
Bitcoin has been under pressure over the last few trading sessions. Despite the equity markets going higher this asset is stuck in a holding pattern. We are currently forming a wedge pattern that has given us a directional bias to trade. Price action is at a 50/50 in terms of falling lower or rallying higher. Being the fact that the bulls have been forming...
SPX had a wonderful intraday hourly chart confirmed breakout. This pattern is bullish and likely will continue higher. The bulls tomorrow would love to confirm the daily chart breakout and will try to push for that. SPY/SPX is holding more relative strength than the Q's & IWM which is displaying broad participation. There are many bullish charts showing...
Nat gas had an epi +8% rally today. The question is do the bull have more gas left in the tank or do the bears start to take over and press price lower? We had news across the energy sector that spiked most energy assets. Typically news based pops of this nature don't last. If we get back above 3.84/3.85 then there might be a convincing opportunity to...
- Markets sold off into the NVDA rally this morning. - Small afternoon rally turned indices back green - Major pre market high levels up ahead likely allow us to push higher in coming days. - NVDA should retest its premarket high levels. - Profits secured on AI calls! - Structurally indices are still bullish and remain above key levels. - Yields see nasty...
The SP:SPX has taken out some major pivots and recaptured the ever so important daily 200 MA. across multiple time frames some very interesting bullish patterns are emerging. All eyes will be in NASDAQ:NVDA earnings tonight after the bell. If NVIDIA beats and guides it will breakout of an epic bull flag pattern that will likely casue this market to trend...
Natural Gas has had some choppy price action as of late. There has been no clear directional trend. I remain bearish until we clear the $3.85 level. If Natural gas rejects off this level we should test the $3.00 If natural gas gets above this $3.85 level bulls should try to retest the major high pivot.
NASDAQ:ICLR Calling all long term investors. This is a mega long term buying opportunity. - 9 consecutive months of selling - Mega 2008, 2020 support trend line - Huge FIBONACCI retrace of entire stock market trading history - Oversold technical chart - positive divergence on daily/ weekly time frames If you tuvk this away for 3-5 years you'll likely...
NASDAQ:AAPL lost a fair amount of market share this week. Coming under pressure from comments by Trump and tarrif news. Apple seems to be a target for the president despite him answering a call on live TV today using an Iphone...kinda ironic. Apple could easily chop in this 9% range before it makes a definitive move. I lean more bullish since we're...
NYSE:HSY has been under pressure for the last 3 months since it put in the mega monthly reversal candle. This is a clinical retrace and backtest of a key upsloping trend line and monthly bullish reversal. It was good to see Hershey remaining strong and closing positive while markets were under pressure. Typically seasonal periods get from run by investors....
Block NYSE:XYZ looks like it's getting ready to breakout. It was impressive to see this stock holding relative strength today as the markets were under pressure and selling off. The OANDA:SPX500USD & NASDAQ:QQQ sold off and this stock closed green. 2 bullish patterns can be observed on the daily chart. A bull flag and and inverse head and shoulders....
NYSE:GME had a classic breakout on the daily chart today. - Breakout occurred on high volume - Weekly & Daily RSI has room to run - Clear stoploss level if this fails - Upside parallel channel = target Longing this name as long as it stays above $29.80 Next minor resistance will be the gap fill and then I believe we will liquidity sweep the most recent...
Natural gas is going through some distribution and it looks like its going lower. However there is a very strong base around $3 that can be a good risk to reward buy zone. Remember this is one of the most volatile asset classes amd can overshoot key levels. Size accordingly and leave yourself maneuverabilty.