Stock Market Recap by TTG: Earnings Driving Large Moves, Indices Trend +

Ajouté : 2026-05-30

[00:00:00]This is your end of day market recap for Thursday, May 28th. Another big day of momentum in select areas of the market.

[00:00:09]I will go through that in today's video.

[00:00:11]Uh before I do that, risk disclaimer.

[00:00:13]Everything that we're going through is for every everything that we're going through in this video is for information purpose only, not giving out anybody's recommendations. Uh please read the full risk disclaimer there. So, just to kind of go over the raw numbers just so you can see what outperformed for the day.

[00:00:26]SPY was up another half a percent for the day.

[00:00:29]Q's tacked on 8/10en of a percentage point. That led today and then no slouch there for small and micro caps which were uh up more than a half a percent today. And again like this just is like very interesting on a day-to-day basis what we're getting in terms of what's what's in for the day, what's out for the day. But the Dow stocks didn't do anything uh for the day. They were actually uh flat for the day. So interesting there. Bitcoin uh was down 2 2.1% but I believe it rallied off the lows. Uh gold was up 1% today. The VIX was down uh 3.4% and crude uh was down slightly. I was actually up slightly for the day and we're at 88. So we're kind of sticking around underneath that 90 level um for now. So let's talk about some of the movers for the day and some charts. I'm just going to flip off my camera for that. And we will go to Whoops. There we go. That's the right screen. Sorry about that. Uh let's uh let's just go through the indices and try to do that within uh within 30 seconds for you guys because uh a lot of interesting single stocks to talk about.

[00:01:36]So, but ultimately this is where I kind of start every day or in my midday note that I that I send out which is free. Uh which is what's what's the address for that? Substack. It is uh TDG ttgtrading.substack.com.

[00:01:54]Make sure that you're signed up for that. It's free. Um if you want to see open my open positions uh and my uh trade ideas, themes of the day, then um and my watch list. uh you you do have to sign up for the paid version of that, but at the very least uh sign up for the free version of that and you could see things like four-week new highs versus new lows, what's outperforming, what's not, and also just just to kind of go over uh what the index levels that I tend to pay attention to. And really, as I've said before in these videos, I really just use like a kind of keep it simple approach with uh meaning, you know, I've got various different lines on my charts. I've got value areas and I and I've got moving averages. But what I mean in terms of keep it simple is I don't deviate from that. And for me, knowing when price stays above the 5day moving average, I know that we are trending higher. And there's there's not many adjustments that I make even though sometimes I'll I'll uh complain a little bit like I I know that the momentum hasn't been as strong. Like for example, the RSI isn't confirming here. So I might complain about that a little bit.

[00:03:01]But ultimately, if price stays above the fiveday moving average, I'm not going to make many changes in what I'm doing, and I'm going to basically try to ride the trend as much as possible. Also, for the cues, I talked about how um yesterday was more of like a day of digestion. You know, we we didn't break anything yesterday. We just kind of hung out and after getting a little bit extended and we're just riding this 5day moving average up again. Um even for the small caps which were a little bit uh again no there was no sell signal yesterday but they were leaning a little bit lower yesterday and uh they're still hanging above the 5day moving average and and if you squint you could probably see this uh this dotted line here uh which indicates uh just the previous highs and we're above there. So um what I think is really interesting about this market is the earnings. This is something that I've been talking about for a while and why I've, you know, besides following the price action, but you know, you also have to have a couple thesis about what you're going to go into and what you like about the market regardless of just um if the indices are trending. You have to kind of know what what you want to go into if you if you want to own stocks.

[00:04:12]And one of the things that I've really liked is just the strong earnings reports. And I think more and more people have been talking about that. But now on a daily basis, you know, we're getting some reports that are just, you know, knocking the ball out of the park.

[00:04:24]I mean, the snowflake was up 36% uh today. Dell is up uh what is this?

[00:04:32]Apollo shops 36 billion debt deal to buy Google chips from for Anthropic. That sounds bullish for Google. That's a headline that just hit the tape.

[00:04:44]Let's see what Google's doing here on this. And yeah, that should be I would think that would be bullish. And I do have a position of Google on here. So, um I put a Google position on here once [clears throat] it and it's been actually struggling a little bit with this uh with this 20-day moving average.

[00:05:04]It got above the 5day moving average, but hasn't really been able to to get there. But, um I would think that would get the stock going, but I don't know.

[00:05:12]Some of these headlines, they're they're a little bit tricky. [snorts] Uh but Apollo deals to let Anthropic access Google TPU chips for AI. So again um I would think that the stock would be taking off on that. So I was going to mention Dell which is up huge. And so this is another earnings report that is that is a um knocking knocking the ball out of the park type uh type move. What's happening is with because these moves are so large, there's just they're it's creating a lot of pin action uh you know in a lot of names and MDB is another name that started down uh by the way and um after hours and and is now is up huge. So this is like a catalyst for the next day in terms of things to trade. MDB right now is up 21%. Dell is up 17%. Um NetApp also had good earnings.

[00:06:08]NetApp, excuse me. Uh they're up 10%.

[00:06:12]Hula Packard Enterprises is up 8% in Sympathy uh with the uh with the Dell earnings. Uh NXT is up, which is nice because I got long NXT the other day.

[00:06:23]They're getting into the battery um market. So you could see they're they're up after hours. Um nice move there. Um I bought them right in the check back to the top of the value area. So, u that's kind of been the story is is that earnings are driving the moves and there's there's u it seems like every day we're getting a couple names that are doing really well. So, how long does that last for? I I don't know. Um the market is also falling in love with some results and not others. I thought Costco had a good report, but the stock's barely moving after hours. Um just to kind of go over a couple names that I thought was were very interesting today.

[00:07:02]This was a name that I bought today.

[00:07:04]This is BTDR. This is not a name that I usually trade, but when we see as many calls are that are trading in something like this, uh there was 30,000 of the June 16.5 calls. That's a $4.6 million premium trade. Uh so again, this is Bit Deer Technologies. I may have traded this company maybe once before. Um but 30,000 contracts. And then they also um then there was also the 19 strike uh calls, but th that was a that was a um spread. I think that was the 1925 uh strike call. So in any event, there's a lot of option premium uh position in this one. Um stock was up 18% today.

[00:07:48]That's a nice break out of this consolidation and ultimately I'm looking for a move up to 1965.

[00:07:54]Um, another name too that I know everybody's watching is this NBIS. I like this. Um, you could probably draw just so that it looks a little bit more neat, but you could maybe draw something like this here. Um, you got like a wedge type pattern, a break out of the wedge.

[00:08:12]Also, a lot of option activity in this thing in NBIS. And again, I I think that even though Dell is not the same type of uh you know, company, um they're different in the in the AI space, but I think that this is it just kind of reinforces what the business is right now in AI. And I know like if you flip on like um financial media, whether it's CNBC or something else, everybody's wondering when this is going to stop. Um I I don't know that and I don't know if anybody really has that. And I think that you just kind of have to get get comfortable with riding the trend in some of these names and understanding that you're not going to catch the tippy top and um you might lose on the day that they really rotate out of this stuff. But for now, the [clears throat] music is still playing uh with with all of these names um and the themes right now. When you see a report like Dell, it just kind of re reinforces that whole AI theme. Um, few other names that I thought um that I wanted to go over.

[00:09:14]Even though today wasn't a semis day, today the the software ETF was up what two 2% today.

[00:09:22]I was up 2.8%. So, we can go over a couple of these software names, but here's the software ETF. Um, that's a nice just continues to kind of roll higher like this. Resistance is still about 3.7% away. Um, that's at 9922. So, Snowflake was one of the big drivers of that, but um other names that were strong in uh in IGV that I wanted to go over.

[00:09:49]Um Microsoft saw a boatload of calls. I haven't traded Microsoft in a long time, but I just kept on seeing on the tape.

[00:09:58]They just kept on hammering calls. So, yes, it has to get through some resistance. I actually uh sold I left a tiny position on. I just put it on for a day trade. Um stock was up about three and a half percent today and we'll have to get through some resistance uh right around 433 and if that does maybe that can rotate up to the 200 day moving average. So um 43 433 the level to watch. Um there a couple other names to go over like Oracle um also caught a nice move that's also you know now has retraced the move the from the lows up to its 200 day moving average. the stock was a dog for about button for a number of months but has really uh come back uh fairly decently. Um, two other or one other software name. I feel like these are stocks of 2025, but Palunteer saw a lot of calls today, too. Again, another name from 2025, you know, a star from 2025 that has been below its 200 day moving average, but maybe someone thinking that, okay, at least there's a base here and maybe this can begin to kind of gravitate up, maybe take out that VPO up there at 15293. Definitely a stock to watch considering how much they're going after some of these names with option activity and Robin Hood, right? Another darling of 2025 that's below its 200 day moving 200 day moving average. Why do I keep saying below the 200 day moving average? Well, for me, I don't traffic in a lot of names below the 200 day moving average. I really try to stick to uptrends. I don't try to pick the bottoms in some of these names.

[00:11:32]I wait for the strength first. There's so many great acting names that are above the 200 day moving average. You also don't really have to mess with too many of these things, but something like this was up 11.3%.

[00:11:47]And I did uh put on a a position towards the end of the day in this um it did take out a V-po uh somewhere somewhere along the lines here. I think went right into here towards the end of the day. But um I like when things close on the on, you know, right around the highs of the day.

[00:12:05]We'll see if it can uh follow through.

[00:12:06]And again, this was another one where I probably wouldn't be looking at it that much, but there was just a lot of decentsized call buying um in um in this today, which uh got this to go. Um I didn't even talk about, you know, one of the other groups that was really hot today, which was the uh the drone names.

[00:12:24]Just just again amazing moves. The whole group moved. UMAC was up 57%. Now it was a $15 or $18 stock, but that is a tremendous move. Um, all you know, all of these names got going. I actually like this one the best. I traded this one earlier today. Nice volume. I think maybe if it can kind of stay up here.

[00:12:46]Again, what's what's nice about this is this base, right? This is the first candle out of the base on high volume. I would put my eyes up here um to possibly those previous highs and next up maybe up to $18. I know that's very ambitious, but why not? Um you know, being that you've that you've got a catalyst going on that the US wants to be wants to heavily and and have a leadership position in drones. So, I think that that's very interesting. Um ARCAT was another name. There's a there's a few of these names, but I actually like the chart of NDS um a bit better than than ARCAT. And if you're looking at the ETF, it's kind of funny because in the in the member Tribe Trade Group member weekend video, I was talking about um some of my positions um some some of my positions in um the TDG global trend portfolio. And I was talking about what name what areas would I potentially rotate into if we started to see a bit of a pullback in tech or if we started to see some profit taking in in tech and what I mentioned was aerospace and defense. even know some of the names like if you go through some of the big names that you know like the traditional names that you think about like a Rathon it's very interesting remember when uh Trump mentioned you know months back that these names stop to need to stop doing buybacks and need to start investing more these all these stocks have been basically dead in the water um GD has been a little bit better but NOOCC um look at the look at how bad NOOCC since since the end of February and I think that's when Trump made those comments um about how the defense companies need to be like spending more and buying back like less stock. I I used I was trading this one for a while too uh L3 Harris. So maybe this is a buying opportunity and what I did was I took some profits today in um in a ETF that I've been uh this is this is again this is an ETF only portfolio and uh I took some profits today in XTL. This is my has been my optical play. Uh because there's about I think over 50% of this ETF is is is um is optical names like AAOI and light. But this group looks tired. I don't know if you know I was trading a lot of this group um especially back in March and uh and earlier this year. But this group looks a little bit tired. Notice that light was down 4.6% today. AOI was down 6% today.

[00:15:22]uh VIA, which I thought might be able to turn the corner.

[00:15:27]So again, it's not everything that's going up, especially in tech. Now, this stock was down 8.6% today. So again, this group looks a little tired. So what did I do? I took some profits and I actually redistributed it into the um into that ITA uh ETF because I like the break here. So, I like that you've got drone names in here and then you've got your more traditional aeros aerospace and defense and that's a break. So, what I would be watching this versus uh which is basically 233 and then I would also uh ultimate stop probably the 50-day moving average. So, I think that's enough for today. I also liked how this stock this is one of our focus stocks going into the um focus charts going into the week. This is STRL. Um, notice it got back into the uh into the into the bottom of the gap up and uh right once it reclaimed those these two moving averages, it's been acting really well.

[00:16:20]Stock was up 7 uh 7.8% today. So, very nice there. Um, just a couple other things that I was going to mention. Oh. Uh, and I think I already mentioned NXT, so I'll leave