AAPLAppleBullishAppleAMZNAmazonBullishAmazonMUMicron TechnologyBullishMicron TechnologyNVDANVIDIABullishNVIDIAQQQNasdaqBullishNasdaqSOXLDirexion Daily Semiconductor BuBullishDirexion Daily Semiconductor BuSPYS&P 500NeutralS&P 500IWMRussell 2000BearishRussell 2000

Today on

The Tech/Growth/QQQ/Semi/ wreck may not be what you want to sell anymore than Small/Mid-cap/Value/DOW is what you should buy 90% of the way through earnings season. ONLY the Nasdaq/Nasdaq 100 (Growth-y markets) showing improving/steady quarterly beat rates (green). $NDX $SPX $QQQ $IWM $IJR $MDY $RSP $MAGS $MU $SMH base:0x38f9bf9dce51833ec7f03c9dc218197999999999 $AAPL $NVDA $AMZN

NeutralAAPLAppleAppleAMZNAmazonAmazonMETAMSFTMicrosoftMicrosoftNVDANVIDIANVIDIAQQQNasdaqNasdaqSPCXSpaceXSpaceXSPYS&P 500S&P 500TSLATeslaTesla

Yesterday on

Don't overstay your stock-picking welcome! If 2026 ends the way 2024 ended, the W-shaped pattern will find another rotation out of Equal-weight outperformance $RSP and into Cap-weighted $SPY leadership. 2024 down-leg began in November as well. $SPX $ES_F $UPRO $NDX $META $TSLA $SPCX $QQQ $MSFT $AMZN $NVDA $AAPL $MAGS

AAPLAppleBullishAppleAVGOBroadcomBullishBroadcomMSFTMicrosoftBullishMicrosoftMUMicron TechnologyBullishMicron TechnologyNVDANVIDIABullishNVIDIAQQQNasdaqBullishNasdaqSPCXSpaceXNeutralSpaceXSPYS&P 500NeutralS&P 500

Yesterday on

View from THE bottom? Over 100 trading days through November 5th $XLK underperformed $SPY by -12.7 pts, the most since at least 2010. When Tech has lagged the S&P by 2 standard deviations in the past, the downside has been limited, often marking the bottom. $ES_F $SPX $MSFT $MU $AVGO $QQQ $NDX $SPCX $AAPL $NVDA $MAGS $SMH

NeutralAAPLAppleAppleGOOGLAlphabetAlphabetMSFTMicrosoftMicrosoftNVDANVIDIANVIDIAQQQNasdaqNasdaqSPCXSpaceXSpaceXSPYS&P 500S&P 500TSLATeslaTesla

2d ago on

Tech is still dominating the sector earnings trajectory, despite price action underperforming over the trailing 90-day period. Assuming same underperformance while EPS estimates continue to rise, P/E would fall to 12.6X, a P/E never seen before in the history of $XLK. $SPX $SPY $ES_F $SMH $SOXX $NVDA $MSFT $AAPL $GOOGL $QQQ $NDX $SPCX $DIA $TSLA

AAPLAppleNeutralAppleQQQNasdaqBullishNasdaqTQQQBullishGOOGLAlphabetNeutralAlphabetMETANeutralMSFTMicrosoftNeutralMicrosoftSPYS&P 500NeutralS&P 500TSLATeslaNeutralTesla

3d ago on

Bottoming Regime: Nasdaq 100 $QQQ 5-day RIS has fallen below 20 as of this past week, a rare occurrence over the last decade, but often sign of bottoming market. Every occurrence since 2016 found QQQ higher 12 months later. Only 1 decline 6 months later (2022). $NDX $COMPQ $TQQQ $SMH $SPX $SPY $DIA $SOXX $GOOGL $META $AAPL $MAGS $MSFT $TSLA