Evidence

Russell is telling us to keep an open mind to the broadening nature of the market rally, even though the S&P 500 is giving us that uh inverted hammer, shooting star, if you will, on the daily... if rates break out, does this go for a head and shoulders? Maybe.

— Trade Brigade

I have been optimistic that this fundamental shortage of wafers which really today is controlled by Taiwan Semi will prevent one [a bubble]... if we don't get a bubble, like we need to throw a party for them because they will have single-handedly prevented a bubble.

— Invest Like The Best

even a semiconductor stock I've owned for a long time, AMD, just went soaring. And it's all part of this this a big bet on the part of managers that there is going to be value here

— The Julia La Roche Show

I personally still have put spread hedges in place on the S&P 500. Now, I've come to terms with the entirely likely outcome that those put spreads are going to expire worthless given the current uptrend, but frankly, I'm still happy to have insurance in place.

— Macro Voices

the market is certainly bullish enough where the base case should be seeking continuation of the daily trend

— Trade Brigade

I think that company will do very very well... I like Google... those two are the probably still the most interesting plays uh out of the hyperscalers and uh I think they'll continue to do well if I'm honest.

— Real Vision

Google had been one of the best-performing stocks of the Mag 7, and you can see relative to their peers, they still remain strong, but the last 7 weeks or so, you can see even Google slipping relative to the S&P 500.

— EarningsBeats

look at the relative performance of Nvidia versus semiconductors. This is not where that semiconductor money is going. Look at Nvidia relative to the S&P 500, continuing to drop.

— EarningsBeats

Amazon, over the last 2 months, falling relative to the S&P 500.

— EarningsBeats

Apple has actually been one of the better stocks. Now, just recently it's taken a little bit of a hit... you can see just recently at about a four or five-month relative low to the S&P 500.

— EarningsBeats

Meta Platforms, look at Meta relative to the S&P, down near 52-week low.

— EarningsBeats

IWM small caps, I've said I, you know, over the longer term, I think they should be a part of your portfolio, just my opinion... IWM small caps

— EarningsBeats

how about Advanced Micro Devices? Also growing quickly. Look at the relative strength of Advanced Micro. Um probably over the last 3 months, going up maybe about two and a half times in terms of its weighting within the S&P 500.

— EarningsBeats

it's been in a choppy, uh, uptrend. And, that's the thing is the, uh, the, uh, higher highs and higher lows has been the pattern in here. So, until that changes it on the daily time frame, it's still in a primary uptrend.

— Brian Shannon - Alpha Trends

Tesla, it got a bounce in here today where? Right up to the declining 5-day moving average... Monday we average this data out, meaning that 5-day moving average will continue to decline... I wouldn't be because of the declining 20 and the 50-day moving average.

— Brian Shannon - Alpha Trends

Google right on the year-to-date anchor. These stocks, you know, as we've been saying for weeks have been broken names and are are getting bounces in downtrends, but they're still guilty till proven innocent.

— Brian Shannon - Alpha Trends

Microsoft undercut the year-to-date low and got a bounce in here today. I would not be surprised at all to see it kind of settle in next week and then perhaps it continue to move up towards this level... below that though, we have the anchor off of the 2020 low that if it continu

— Brian Shannon - Alpha Trends

Meta continues to drop lower. Yeah, they got a bounce today, but trade it for what it is. It's a bounce in a downtrend.

— Brian Shannon - Alpha Trends

Nvidia continues to be weak and it's pulled into the range where we thought it might... That does not make it a buy just because it's at a level of interest. The most important thing is it's still below a declining 5-day moving average. So, if you're going to trade it for a bounc

— Brian Shannon - Alpha Trends

Amazon continues to drop lower... Yeah, they got a bounce today, but trade it for what it is. It's a bounce in a downtrend.

— Brian Shannon - Alpha Trends

Netflix continues to, you know, just get a bounce and that's it... these stocks, you know, as we've been saying for weeks have been broken names and are are getting bounces in downtrends, but they're still guilty till proven innocent.

— Brian Shannon - Alpha Trends

Intel, Intel's absolutely just exploded. Intel's never seen anything like this. three-month rate of change, six-month rate of change, and one-year rate of change off the charts. Relative strength just started to turn back up again. I mean, Intel may have a lot more room to go.

— EarningsBeats

it's not like money come in by buy by buy cues anymore because it's massively underperforming

— Forward Guidance

I would actually still call it a two out of five expensive, although that number could quickly move to fair value or even attractive if the market starts to wake up to this and also believe that the company deserves a higher valuation due to these SCA agreements being written out

— Brian Feroldi

although this selloff in big tech stocks that have been overspending might continue in the coming weeks or even months, ultimately we believe this will prove to be a buying opportunity for the stock market heading into the end of the year

— Bravos Research

it looks to me like the IWM's moving up again. So, I feel like momentum is picking back up again in the small caps.

— EarningsBeats

I would be not quite as confident of a low here yet as in Microsoft, but I would watch Palantir very carefully um for a bottom to be in... I have a a small position in Palantir with no stop on it, a very small position, and I'm intending to add to that at such time as we see a lo

— Cestrian Capital Research

While that's not a huge growth rate, it's not bad when you consider how large and mature the company already is. There is zero evidence that enterprises are vibe coding their own CRM solutions and canceling their Salesforce subscriptions... Customers are probably waiting for the

— Wall Street Millennial

We do see some really positive changes to how Micron is functioning... 80, almost 90% gross margins and 70% plus operating margin is just not sustainable... you should also factor in a scenario where Micron stock runs into some volatility because the market has overshot on this e

— Chip Stock Investor

noisy chart needs more time... I don't think there's really anything to do there until we try this... it just needs more time and we'll have our answer in a week

— Trade Brigade

terrible chart... it's trading like absolute garbage in here

— Trade Brigade

I would not be a new money buyer on Google tomorrow... I think this is a pullback and it needs to firm up and then reclaim again... Nice reclaim at the bottom end of the range here. If this can set up a higher low and go, maybe we have something to trade

— Trade Brigade

the S&P 500 and the Nasdaq 100 are on track for their best quarterly gains in 6 years, driven by the advent uh of the fresh bubble in AI stocks... will the confluence of crowded positioning and deteriorating macro and micro signals perpetuate a deepening correction?

— 42 Macro

I bought Microsoft and and Netflix and I said I'm going to close my eyes and and look at it again in five years

— The Compound

great score, terrible price. That's a good watch list uh candidate um in my book. So, I'm going to put that company on my on my watch list.

— Brian Stoffel

if these glasses these Meta glasses are a flop I have some severe concerns about about Meta like what how are they how are they going to make money... I don't it's not you or I but a lot of people use Meta for their businesses... I remember when Facebook IPOed um did it even have

— Monetary Matters

I have a good chunk of my um personal portfolio in the NASDAQ and I've been over time doing less S&P and more NASDAQ because I just I looked at it over decades and I'm like the NASDAQ consistently outperforms the S&P by like two or 3% on average

— Monetary Matters

I think they are. I think that they are going to have a real hard time... the money we're going to spend on AI is going to come from the money we're spending on Salesforce... That's the challenge that SaaS is going to have as we move forward.

— Bianco Research

I think there's a good chance we've seen a stock market top in Microsoft for instance and u other stocks as well for in also like that. But you're going to see that they will bounce somewhat into that before they then will continue their bare market decline which I think they're

— The Julia La Roche Show

Nvidia continues to be a nothing stock here, a stock that has recently been making a pattern of lower highs and lower lows. a complete waste of time really.

— Brian Shannon - Alpha Trends

Google, if you look at that, it's getting a bounce. It's got this pattern here still too of lower highs and lower lows. I wouldn't buy a higher high above here because it's not about buying higher highs. It's about buying lowrisk higher highs.

— Brian Shannon - Alpha Trends

stocks like Meta, they get a one-day bounce in a downtrend, declining 50-day moving average, declining 200 day moving average. Those are typically going to be sold into.

— Brian Shannon - Alpha Trends

it opened below the 21-day exponential moving average and it closed further below. So that to me is a weak look for the spy. It suggests that there might be some uh more selling to come before it recovers.

— Cestrian Capital Research

heading into the close, it looked weak to me. You know, that's not a strong trading day today. Looked weak to me, and I thought, well, again, it looks like it'll close below its 21-day EMA. That means there might be more weakness ahead... I have extensive long QQQ positions... So

— Cestrian Capital Research

I think we are seeing an end to this EV winter... this is advantage Tesla, not just for calendar 26, but kind of that 10 to 15% growth probably for 27 and 28 from my perspective... this is a a strong indication that Tesla's brand is holding up.

— Deepwater Asset Management

Getting it up out of this range is the most important part. We've retaken the daily 20 and the 50. Any higher low brigade bolts here look really great for a higher low back to the equal high and then continuation.

— Trade Brigade, at 36:43