Evidence

I have a position in AMD. I followed that company for a long time. They make low power chips for a lot of applications. That stock's now down at the 52-week low. Uh I have been slowly buying more because I do like the company

— The Julia La Roche Show

I don't really see that as being all that constructive. I think if you take out today's low tomorrow, it's the same as everything else. Range low rotation is the idea.

— Trade Brigade

This is probably a better short in my opinion... Google is um one of the better shorts just because of the daily structure... I really don't want to be long through this rotation. I would prefer to look for the rejection there or look for the rejection here into the low.

— Trade Brigade

Amazon doesn't look half bad... there's a partial gap close here. We're back inside of the earnings range and there's been some degree of momentum to the top side... If asterisk, the broad market remains bullish. If the broad market's falling off of a cliff, I'm probably looking

— Trade Brigade

the daily trend is already down on the QQQ. And in my view, this is just a counter trend rally. This is not a substantial rally that really changes the tone of what's happening in the NASDAQ.

— Trade Brigade

it's been fairly hard to really talk confidently about the S&P without sort of the backdrop of the NASDAQ being much weaker here... the trend is down at this point. This is a lower high here. This is certainly a lower high here. This is a lower low

— Trade Brigade

sellers have the edge structurally... we finally closed underneath that... things just don't look healthy

— Trade Brigade

Mark Beni off made huge claims about AI which generated a lot of media headlines, but there's really no evidence that Salesforce is getting any efficiency gains from AI.

— Wall Street Millennial

The shift to AI coding has coincided with huge problems with Windows 11, which is plagued by bugs and security issues. Despite bold claims about AI replacing humans, Microsoft's number of full-time employees has continued to increase.

— Wall Street Millennial

The likes of Nvidia and Microsoft need to keep OpenAI alive so as to keep the AI bubble going and support their own stock market valuations. That's why they're participating in OpenAI's funding round. But I don't think Jensen Huang actually believes that OpenAI will cure cancer o

— Wall Street Millennial

Intel's maybe trying to find some buyers along the 50-day moving average, but it's got a declining 20, it's declining you know and you definitely don't want to buy with a declining 5-day moving average. At a minimum, don't do that.

— Brian Shannon - Alpha Trends

very constructive. We're holding above a rising 50-day moving average. That 20-day moving average is above the 50-day moving average, and the long-term trend the long-term look when we look at the weekly time frame, we're still in a clear major uptrend, and we've been kind of sta

— Brian Shannon - Alpha Trends

it is constructive. It's not really quite bullish yet. This market's been kind of correcting through time rather than a you know, a price pullback correction uh for the last two and a half months. So, uh it continues to be constructive overall in a positive you know, in an uptren

— Brian Shannon - Alpha Trends

Palantir still not really showing any signs of trying to heal... Lower high lower low and lower high. So, the trend is still lower below that declining 20-day moving average.

— Brian Shannon - Alpha Trends

Apple's starting to stabilize here after that larger sell-off. The 5-day moving average is flattening out. The 50 is declining, so, I don't really see an advantage to being involved in in Apple.

— Brian Shannon - Alpha Trends

I don't see an advantage to being involved in AMD. It's trying to find buyers, you know, support in here, but we've got the declining 20- and 50-day moving average, a declining 5-day moving average, which is basically stay away from it.

— Brian Shannon - Alpha Trends

we don't own Nvidia or anything like that. Those companies were just too expensive for us.

— The Julia La Roche Show

I do think that the stock is looking undervalued, which could be surprising to a lot of my audience because I have spent the past few years criticizing Microsoft for looking overvalued. But with the 25% correction and the continued growth to Microsoft's underlying fundamentals, I

— Daniel Pronk

If it breaks to lower lows and starts some sort of sell-off like many other MAG7s have, it will break the semiconductor index and probably open up the floodgate on the downside. Now, I'm not saying that that's what I'm predicting to happen, but I do believe Nvidia's earnings are

— Macro Voices

you start to see this as a head and shoulders topping formation where if earnings breaks the neckline, it's kind of going to be the nail in the coffin for the broad market... all they need to do is not fail... As long as Nvidia doesn't go lower, I think we're all right.

— Trade Brigade

Chip manufacturers like TSMC and Intel are being subsidized to expand their US production with tariff rules that get more generous the more they invest here... I dollar cost average in even more aggressively into every layer of the AI stack from Nvidia and Micron to TSMC and ASML

— Ticker Symbol: YOU

equipment vendors like ASML, Applied Materials, Lamb Research, and KLA also benefit from these buildouts because every new advanced manufacturing line is filled with their tools and machines... I dollar cost average in even more aggressively into every layer of the AI stack from

— Ticker Symbol: YOU

That's a clear tailwind for companies like Micron in the US... I dollar cost average in even more aggressively into every layer of the AI stack from Nvidia and Micron to TSMC and ASML.

— Ticker Symbol: YOU

I don't know that I can be overly bearish the market as a whole. I think I would probably flip back to neutral here

— Trade Brigade, at 15:00

it's still just a balanced range. And for that reason, we know that as and if we approach the top end of the balance, we will be looking for sales. And as and if we look to the bottom end of the balance, and if price trades there, we'll be looking for potential buys.

— Trade Brigade, at 1:00

Coin, which has been kind of weak, bounced a little bit, now seems to be rolling back over again.

— EarningsBeats

AMD got an announcement uh I think Meta and AMD have a uh some kind of a joint venture. I just saw headline this morning. So, you can check that out with AMD bouncing as a result.

— EarningsBeats

there's another uh semiconductor, Broadcom, not doing so well.

— EarningsBeats

QQQ was the strongest area. It still is the strongest area, but only up about a quarter of 1% after the selling yesterday. You wonder if it's just a little temporary bounce before we see a breakdown.

— EarningsBeats

IWM, still kind of uh trading sideways. We bounced off the 50-day moving average.

— EarningsBeats

it is constructive. It's not really quite bullish yet. This market's been kind of correcting through time rather than a you know, price pullback correction uh for the last two and a half months. So, uh, it continues to be constructive overall in a posit, you know, in an uptrend.

— Brian Shannon - Alpha Trends

for years it's just been the passive bid into into tech passive you know buy QQQ and that sort of thing but we've started to see some pretty significant rotations

— Forward Guidance

The bottom line when it comes to Salesforce is is that if this company can shift their business model and not only figure out a way to keep their existing customers and become more usagebased and bridge the gap between any seats that they might lose, but also but also get new cus

— Brian Stoffel

I'm neutral in Nvidia because I don't want to, you know, I I think them producing the the GPUs is a unique thing, but being the hyperscalers that are purchasing them on leverage, I don't want to touch that.

— Forward Guidance

this company is going to continue to do well. I think that there is upside uh to this stock. We do own it, but I think that it's going to have relatively less upside versus some other AI companies in part because of the size and this wall of worry just doesn't seem to be going aw

— Deepwater Asset Management

Nvidia did beat on its earnings but there isn't any extraordinary upside. In fact, it's relatively flat at the open... if we find ourselves in two, three trading sessions with Nvidia giving back all of its gains, that will be a structural blow to the semiconductor story

— Macro Voices

The S&P 500 is right in the middle of the same range it's been in now pretty much since October last year. This is a lot of potential energy that is being compressed in the market that we hope will release to kinetic energy to the upside. You do have a bearish divergence that is

— SpotGamma, at 1:30

maximum flexibility is really the name of the game... unless you actually get the break over the range high or underneath the range low, it doesn't make sense to have a directional bias here

— Trade Brigade

the NASDAQ is continuing to be the weaker uh between the S&P 500 that is. We made it up to the declining 50-day moving average, but weren't able to close above it.

— Brian Shannon - Alpha Trends

the daily chart of the S&P 500, we're still in the range, and that's the way it's been for the last couple months, and there's nothing here to suggest it's going to break the range in either direction.

— Brian Shannon - Alpha Trends

Google is trying it's it's finding buyers along this level. But any amateur technician will tell you shoulder, head, shoulder. We've got a declining 20-day moving average... I don't think it's going to fall apart, but it's certainly gone at least more neutral in the intermediate

— Brian Shannon - Alpha Trends

Intel bouncing maybe from its 50-day moving average

— Brian Shannon - Alpha Trends

we've still got Microsoft below the 20 50 200 day moving average... the trend is still lower. So, if you're, you know, the type of person who's looking and saying, 'Well, I'm going to start dollar cost averaging in here'... great. But from a swing trader perspective, there's no e

— Brian Shannon - Alpha Trends

Palunteer continues to just it's trying to find support in here but it's but the buyers aren't in control... we've still got that 20-day moving average which is declining... still just not that great looking.

— Brian Shannon - Alpha Trends

Nvidia did beat on its earnings but there isn't any extraordinary upside. In fact, it's relatively flat at the open.

— Macro Voices

small caps, which have been outperforming on a relative basis, do look a little bit better still even with the gap down today in that it's holding its support

— EarningsBeats, at 7:00