AMD, this is white hot. Uh this one hasn't broken down as badly. It is down over 5%. Yesterday was lifetime highs, but as I say, if we start to get serious about the selling, uh I'm I ain't covering it till we get down to this gap, which is a few zip codes away.
AMD as the number two chip company in the world clearly has a fantastic narrative going on around it right now. But, the valuations here are perhaps one of the reasons why when we see this cost of capital going up, two-year rates increasing, traders are starting to get a little w
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.
As AMD broke below VWAP and then failed to reclaim it, that became my trigger. The sector weakness had already been confirmed... As the day continued, AMD kept moving lower with the sector.
How bearish can I really be if we're just consolidating and balancing over previous resistance?... I don't love the daily bar from today please don't get it twisted that is a ugly upper wick there indicating a failure here over a prior day's high.
it just remains a super choppy market. It's constructive. It made an a higher high here, and we have this as our higher low on the daily time frame. This, however, is going to be the important level for next week. If we break below that, then a little bit more aggressive profit t
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.
The Russell 2000 also had a failed breakdown in here this week... This market, I I just have zero interest in trading it. It's it's a low volatility and choppy market. So it's overall healthy. You just for me I'm looking at it as we've got a rising 20 50 and 200 day moving
Nvidia is looking a little bit better in in that it's a nice tighter consolidation on the shorter term, so maybe it could get going for a bounce, but again with the declining 20-day moving average, there are better opportunities out there.
Nvidia, though, might be due for a bounce in here. So, we're right at the 50-day moving average and the anchor off the year-to-date low... with a declining 20-day moving average, that's going to be losing some institutional support.
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.
really rough day setting that lower high in here and rotating back down into the equal lows... a little bit more skeptical of financials because of this move. Any consolidation down here is bearish in my view and you're just kind of asking for a break of these lows 29750s to unlo
Moynihan, JP Morgan has been another strong performer. We were able to buy it at a very attractive valuation. We held it through yesterday's close. It's averaged almost 16% a year and paid about 7,000.
funny enough for myself, I'm actually getting more interested in Mastercard because it has been underperforming while the underlying business is continuing to grow and compound away. Because when you have a business where the fundamentals are continuing to improve quarter after q
I think that Mastercard's underlying business is continuing to grow extremely well at the same time as its price multiples are now down to their historical lows. And since I think that this business is going to continue to grow with all of the tailwinds in the international marke
the new kids on the block going to be Mastercard uh down here underneath the 50, underneath the 20 and Visa, right? Same thing underneath the 50, right at the 20 and generally in a bit of a sharper downtrend here.
Then maybe it gets a bounce..., it's in a downtrend. It's guilty till proven innocent... unless you just love trading Netflix, I'd say just leave it alone.
Maybe Netflix certainly isn't. This one I've seen people trying to buy it all the way down. It's got that declining 20 below the declining 50 to below the declining 200 below the declining 5-day moving average. It's in a downtrend. How much clearer does it have to be? There's no
The Netflix is my smallest position and I'm very comfortable owning it here. In fact, I hope it goes a lot lower because I would be very comfortable um buying a decent amount.
Mercado Libre just ticking up a little bit. It will depend on the growth going forward as we discussed in the analysis for now. Looks good bottoming out. So another interesting situation to follow.
salesforce.com. Another one, look at the AD line, just kind of sideways. And then when you look at the price action going down, set a new 52-week low today, relative strength horrible.
the software stocks cratered in there. I know they're trying to make a comeback now because we don't need their products anymore just like we don't need a camera anymore because we've got our phone... you know that uh you know think about your CRM, your customer relations monitor
Salesforce up 2%. Now granted these names have gotten absolutely uh battered. So a 2% gain doesn't really mean anything... the software stocks I own, they've stopped going down, but they're definitely not going up. and they're just they're like in this stasis and it's not helping
Broadcom did not give investors a beat and a raise. They basically just beat and then they reiterated the same thing that they said last time. That's a change in pace. It's a deceleration from analyst expectations. Broadcom has been one of the biggest winners in the AI trade, yet
Broadcom expects to sell that much in AI chips in its next fiscal year. But, because the company hasn't changed that forecast in the last three months, the stock actually fell after its latest earnings report... Nvidia and Broadcom both depend on very deep pockets that may soon b
We think the fundamentals are flawless and if anything, we think they're accelerating into 2027 and 2028... we think all of the fundamentals are flashing green for this company, so to speak, and we think the market will come around once those results start printing over the next
Crowdstrike focuses on endpoint detection and response... Being armed with Mythos means that Crowdstrike can use their Falcon platform to proactively patch vulnerabilities across their entire customer base before attackers find them... they just posted their first ever GAP profit
CrowdStrike, look at the AD lines. Every one of these stocks, look at the AD lines compared to what I just showed you, and then look at the relative strength down here. CrowdStrike relative to software, price action bouncing off the 20-day moving average. It's acting like a healt
How about uh CrowdStrike? CrowdStrike. Look at that AD line taking off. Look at the beautiful action after earnings. Look at the relative strength. CrowdStrike.
look how highly valued this stock is. Why would I want to invest in this stock at this crazy valuation? I wouldn't buy this stock on my own. Why do I want to buy it in an index?
Palunteer came right up to the declining 200 day moving average and did what it's supposed to. Don't trust rallies with a declining 200 day moving average.
I'm a long-term value investor. I very much like this company but I needed to pull back... I'm going to add this one to my watch list because if the opportunity gets there I do want to jump in and buy this... I truly believe that they have a fairly reasonable moat as Buffett woul
Adobe is that now. Growth is strong and accelerating slightly. Margins are climbing. Um, the balance sheet's really strong, and it's cheap on fundamental multiples. Now, the chart's pretty awful, as you can see. And so every time it looks like there's a low in some accumulation h
If it grows at 15%, then you can expect a 3x, 4x, 5x from the stock. In the worst of the worst-case scenario, there is still plenty of downside. If earnings deteriorate, then the buybacks made at higher prices don't look that good.
Here comes Broadcom. Earnings in the after hours has us at about 413... clearly not holding the top of the flag... you're going to be opening near the flag lows. That's a that's Hey, title of today's video, failed breakout. How about it on AVGO?
They sit at the center of the global semiconductor production. The more advanced computing the world needs, the more important leading-edge manufacturing becomes... But, there are also some major risks. One of them being geopolitics because so much of the advanced chip manufactur
Chip fab capacity is absolutely maxed out and that has been quite the benefit to Taiwan Semiconductor Manufacturing TSMC, but there are some new risks emerging that we should break down.
Think Nvidia or Taiwan Semiconductor Manufacturing. They can essentially tell their customers what things cost, and the customers pay that money. That pricing power means incredible profitability over time. In good years, they soar, in bad years, they stay profitable. Those are t
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.
Adobe, I think if you're in it for the long term, I think you're okay. If you're in it for the short term, I mean, the AD line uh prior to uh Friday had gone back down near 52-week low. And look at the stock going into its earnings. Was sitting almost on a 52-week low relative to
Oracle needs to not only post great headline numbers, which I'm sure they will, but they need to have those great headline numbers in addition to guidance... Oracle needs to raise guidance. If they say that they're just reiterating guidance or they're just holding things steady,
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