STOCK MARKET WEEKLY UPDATE FOR 5/9/26

本站添加: 2026-05-16

[00:00:01]Alrighty. What is going on, ladies and gents? Welcome back to the channel for another weekly update. I hope everybody had a lovely week, is having a lovely weekend, and I hope you're ready to kill it next week. All right, guys. Let's let's get right into it. We're going to go over the indices. We'll go over SpyQ, go over your expectations on those.

[00:00:21]We'll go over the Magnum 7 stocks, and then we're going to talk about a few trade ideas at the end of the video just for you. gonna probably be doing some cool things in the short term on some of these trade ideas. Stay tuned. Okay. All right. So, I mentioned the other day, guys, um QQ, we're getting real extended over here.

[00:00:43]Real extended. And the daily RSI hit a spot where we normally do end up pulling back to the 9 MA from. All right. So, probabilities, they do suggest that we would be topping out over the next one to two trading sessions. That's that's just what we have since 2000. Okay, that's what the probabilities were going to be suggesting. I gave my case for it and all by that by that I mean I literally just showed you guys the facts. I showed you what happened anytime you hit this level right over here and most of the time you know you do get that pullback. What you see here the yellow times is when you go sideways and then you just keep going. All right, so there was a 26% failure rate. There was a 74% win rate of you pulling back into that 9 EMA. There's also a little over half of the times where you did start a you know larger corrective period here. All right, larger correction where we did not once pulling back to that 9 or the 21 EMA. We did not make new highs for you know about 2 weeks. All right, this was you know a little over half the time. Regardless we got 19 occurrences here most of them you end up pulling back into at least that 9A. Now we clearly are in unprecedented times. We're doing crazy things over here. Um, you know, but real talk, we're getting extended and we are going to be looking for that pullback and we're going to expect that to be bought. This is going to be the first pullback into the weekly 9 or the weekly 21 since this thing started breaking out into new all-time highs. We should be expecting it to be bought. It's likely going to be a one to two week pullback that then gets bought. I don't think it's going to be something larger like these. This is later on in these rallies. We just made these new highs and we are probably just going to get a one to two week pullback and then go right back up. I know that sounds crazy, Henry. What are you talking about? We've gone vertical. I understand. Okay, but when you look back and you make these new all-time highs.

[00:02:39]Yeah, most of the time it's it's really just this like one oneweek pullback here. Okay. Um you know, this was co over here. Now, that being I mean I guess we've had a pretty crazy run, but I mean we have no pullback right now.

[00:02:51]So, I'm really I'm looking for something like this, something like this. We literally have had no pullback along the run. You know, this is 64%. We haven't gone anywhere close to there. Okay. So, as insane as this is, I'm just going to, you know, point to, you know, on this rally over here, you went, you know, 23% and then saw a pullback. So, these things can happen. As much as people want to like it, it's a crazy market.

[00:03:16]Yes. Okay. But, you know, as far as where SPY is right now, I'm just saying, you know, it it doesn't have to, you know, get completely slammed right now.

[00:03:25]I'm really expecting something light and then we move right back up and we just continue moving up. This 17% rally off the lows here is pretty aggressive. But if we just look back to what has happened over here, this thing can go for much longer. Okay, much longer. I'm just saying. you know, this one over here. It went straight up for almost 17% just where we are right now and then you pull back for one week and then you start marching back to alltime highs the following week after. Okay? So, don't let the fear-mongerers out there get to you. These guys suck. These guys have proven to be idiots. You know, at the end of the day, if they're just they're just bare posting out there as the market's been going straight up over here, they have no [ __ ] clue what they're talking about. If you are missing this rally, there's something wrong. It's been the easiest money to be made. People are trying to fight a trend. It literally makes no sense.

[00:04:18]Okay, it's probably just starting and we probably have months left of rally.

[00:04:23]That's it. Okay, that's that's it. I wanted to start the video off with that.

[00:04:27]Um, but I do want to say the weekly RSI right here is now gone into overbought territory is 69 as of Friday. And yeah, what I've done is I've marked out over the past few years here. You know, this is what happens. And you get these pullbacks right around the corner pretty consistent with this every single time.

[00:04:45]All right. Even if you're going to stay overbought, you can see you get up here.

[00:04:49]Oh, you have the pullback and then you go, you know, into your overbought.

[00:04:53]Which I'm just saying, guys, if we think this is a lot, just wait until they do some [ __ ] like this where they pull you back one week and then bang, we have another one to two months of going vertical here. And now that being said, this has been pretty aggressive. I don't think we're going to keep getting this.

[00:05:11]All right, but you know, we can see when the market wants to move higher, it just kind of keeps grinding higher. So, you know, don't let people convince you that, you know, this is all she wrote.

[00:05:20]It's not. It's very likely that this thrust higher just, you know, proved to us that we're going to have months more of upside. Okay? So, get ready to write it out. Expect pullbacks along the way, but just realize that, you know, it's not it's probably not going to be anything crazy aggressive. I know it's been insane. Okay, the NASDAQ specifically this now this is pretty insane. Okay, now that being said, we can see over here now you had pullbacks along the way. We have had no pullback here, but you can even see right here you did go, you know, almost 30% and then you go sideways for two weeks, you push up. You go sideway for two weeks, you push up. So, I mean, pullbacks are going to come, but they're going to be something light. Okay, maybe it's sharp like you know I've been saying I I think after getting something like that I think it's just going to wipe out a ton of short-term leverage we're going to get that but honestly after looking back guys just looking back at spy specifically.

[00:06:13]Yeah. I mean, honestly, who cares if it's something sharp? I really still am just thinking it's going to be like one week, you know? I really do think they're people are going to go nuts. It's going to go sideways up here and just continue moving on. Regardless, guys, let's dive into it. Let's get in some levels. Uh we're at we're in price discovery mode.

[00:06:32]So, I mean, there's not much to talk about in terms of levels here on Spy and QQQ. And when they pull you back, honestly, I don't think people going to over complicate the job here. Okay. At the end of the day, have this 9 EMA on the chart. Have this 21 EMA on the chart. Watch for price to come back into it and then get scooped up. You're probably going to get something like this. All right? Or again, it could be just something sharp and then you go right back up. I have no idea just like you have no idea. But, you know, I I'm kind of fully expecting something like this to build out and we go sideways a little bit and then uh yeah, that's that's honestly it. That's my expectations. Okay. I don't think people have to pay attention to levels so much when you're in price discovery mode.

[00:07:13]It's much easier just to follow along with the moving averages. As you could see, you know, we we didn't even touch the 90 MA once. We got close to it. We didn't touch it, though. We did keep consistently bouncing off of the 5 EMA, though. Just follow along with the trend. That's it. It's literally it. On the upside, 73808 above there, 740, 745, 750. On the downside, you got Friday's high uh Friday's low at 73457.

[00:07:40]I need 73457. We're talking 72975, 72487, 714.99 worst case scenario. And that's only if this is going to be, you know, just a very sharp sell over here because that's uh yeah, that's 20 points. And honestly, with how this thing's been I mean, let's look at this guy. Wait, guys. Okay, everyone in their mothers is watching the market go up right now.

[00:08:02]Okay, there's got to be so many people just sitting on the sidelines. People say this market's easy. What I see online is a bunch of people complaining.

[00:08:10]All right, what I see is a bunch of people and, you know, just everywhere.

[00:08:13]Okay, a bunch of people complain that the market hasn't been pulling back. You know, if you are day trading this market, I'm telling you, the money to is to be made on swings. Some of these things are going [ __ ] ape [ __ ] okay?

[00:08:25]They're going apeshit. I pounded the living the living crap out of the table over here. We broke the damn table is what we did on MU when we were sitting.

[00:08:34]Honestly, I started pounding the table down here and said I thought it was getting ready for a big trade. Uh because we were off the weekly 21 right there and then you know the rest was history. But I when I really started pounding the table these two weeks right here. Okay. And you know straight up I mean just off the bottom you are up over 100%. It's 140% there. But you know just from the breakout guys look at this 58%. I'm telling you, you know, I told people, don't don't try and outsmart the market here, okay? You're probably going to make a lot more money if you just, you know, hold a core position with me and just let that bad boy ride, okay?

[00:09:08]Have time on it. Let the cons get deep into the money and just let them rip.

[00:09:13]Get straight up. Even Even myself, I always think I can outsmart the market.

[00:09:17]This thing's going apehit. I knew it was going to go apehit.

[00:09:20]I I didn't think it would not even pull back to the 5 EMA. I really did not.

[00:09:24]This thing's going nuts. Okay. Okay. And honestly, how they just close this out, who's to say they don't run it to 850 to 900 bucks next week? I honestly have no idea. But, uh, you closed out with insane volume over here. And I mean, [ __ ] man. My expectations were that they were just going to drive this higher every week. I didn't think we'd get a 40% weekly candlestick. It's nuts what they did here. So, I mean, congratulations if if you're, you know, riding this thing. But this is exactly my point. There are names like these that are going absolutely apeshit, okay?

[00:09:59]And they happen to be, you know, revolving around the semiconductor trade. All right? And, you know, I point out people are saying MU over here is going to be cyclical, even though all these other [ __ ] AI stocks are somehow just magically not cyclical. And the the [ __ ] memory portion is cyclical. Is the market [ __ ] Okay, I'm sorry, pardon my language, but you know, like it made no sense, but I mean, we're just validating the the thesis we talked about extensively over here. This is it in real time. This is it. This is the reprice of the memory stocks here because this had like a five [ __ ] forward PE when you're sitting over here. I just kept seeing too much about I was like I really hate that the whole internet is waking up to this but maybe that's what was needed because the repric is here. It's happening. It's happening. I mainly got out but you know I I still got some shares and uh I still got six calls so I'm writing up here at 600 calls and uh yeah I don't even want to sell them because it's kind of scary to get back in at least with size. Like I don't picture myself getting back in this name. I think I got my piece of the pie and uh I'm I'm going to let the rest ride because you can't outsmart this thing. You really can't. But I will say there's another one that I think is about to do so. And I told you from from lower prices here. I told you at this day right over here. Okay. Uh the other day and now this thing is up here 20 21% higher went. New all-time highs likely going to be incoming. Heavy heavy volume over here coming into QCOM.

[00:11:42]Look at this monthly chart. This five years of compression here, five years of consolidation. Very likely is about to break out. I'm thinking it's going to happen this week. I'm seeing these other names go parabolic. And uh QCOM over here is one that you know when we were sitting down here I was I mean 182 that was the level that we had marked out was the original blue level here was 182. It blows right past there. That's what got me involved in it. And uh yeah, honestly guys, like I I know this thing looks crazy again, parabolic. You're at alltime highs, but hang on, just let me show you one thing. And this is why I say if you're trying to day trade this market, I think you're just getting like chump change out of it. When there's like there's hundreds of billions pouring in some of these names and it's like people are missing it. And I I think uh I don't know how much left.

[00:12:35]Honestly, I think we have a [ __ ] ton left. Okay, I'm going to point out some names this video that honestly I think we might have some parabolic ass moves right around the corner. Okay. Um, you know, but just look at some of these, okay? When they are running, look at this. You go 73% and then you go another 90% within a 3-we period. Look at AMD, okay? You run within a 3-week period 44 [ __ ] percent here and then you break out and you go another 60 to 70%. What you know about it? Okay, what the [ __ ] you know about it? straight up like the things are going apeshit. They're going apeshit. All right. And I'm I'm pretty sure pretty sure we're about to see that on on uh on on whatever it's called over there, QCOM. You know, MU 3E period runs 51%.

[00:13:22]Breaks out into new all-time highs 3 weeks later goes up 60 [ __ ] percent.

[00:13:28]What you know about it? What you know about it? Straight up. Like this is where the money's. flowing, it's moving, it's grooving. We can see in real time when capital's flowing into these names.

[00:13:39]And I I am saying this is probably going to play some catch-up. That's the whole thesis here is it's going to play some catchup to the other chip names. And uh the market is just wait waking up to it.

[00:13:50]And you know, again, hundreds of billions of dollars is being thrown into these things. Trillions are [ __ ] being thrown in. What am I talking about? All right. Trillions. This is a $230 billion market cap. I think Spec Capital is about to flow into this thing and it's about to take this thing for its breakout. Yes, I know it's ran quite a bit. There's no denying that, but uh yeah, if it's going to do what these other guys have done uh in the next two to three weeks, we very well could be.

[00:14:18]We're talking like, you know, we're talking maybe $300 to $350. Okay, regardless, I just thought I'd point it out and, you know, give like a a real time example over here of one of these names I'm talking about. If you're trying to day trade these things, okay, the things are leaving you in the dust.

[00:14:35]They're not even giving you mean reversions most of the time. I mean, you could see what's happening with MU. It's freaking nut, okay? And I got a few to talk about in this video. I got a few real nice ones. All right, but uh yeah, let's let's finish going over the indices. I think we already went over the levels here on SPY, but we're going to go over them one more time. On the downside, I actually I know for a fact we went over them, but let's finish off with spine QQ here and then we'll go on to the mag seven stocks. Okay. Uh on the downside, 73457 72975 72487 715. Okay, QQ part of my chart. Part of my chart.

[00:15:17]Okay, you get the little breakout. We'll now mark out uh Friday's low there. As you can see, we closed out strong at high of day. Okay, we closed out at 7-Eleven. The high of day is 7-Eleven.

[00:15:29]What does that tell you guys? They are driving this thing higher early next week. That is likely going to be the case. That's that. Okay, they closed it out at the highs. Um, so yeah, honestly, I mean, we might go a little higher here, get a midweek reversal and then maybe get a oneweek pullback there. And then honestly, I will not be surprised if we see this.

[00:15:54]Boom. Boom. Oh, whoa. Crazy how that works. One to two weeks down and you go right back up. All right. That's honestly what I am thinking is going to be the case over here. I know we got a lot of lower levels here, but uh again, I'm going to say people are going to overcomplicate this right now because it's in price discovery mode. You might as well just watch these moving averages. Okay, that's what price is going to pull back into. That's where price is going to find buyers off of.

[00:16:21]Okay, if you see that 21 EMA hit, just know within a few sessions, we're likely going to see buyers start stepping back in. I know sometimes you lose these things. If you lose the daily 21 EMA, you could pretty much always come down to the weekly time frame or come up, I guess. Uh, speaking of come up, okay, this market is making a lot of people get these come up stories. Okay, straight up. I'm just letting youall know, get the going while the going's good. We have a 2021 [ __ ] style market here right now. It's going crazy.

[00:16:49]You're gonna get this pullback. It's gonna be bought. Just wait. Okay. Um it's it's a nuts market. But if you think this is the end of it, I don't know what to tell you. People, oh, blowoff top. Oh, it's not a blowoff top.

[00:17:03]I mean, like, it could be, but nobody really knows these things. And anyone saying these things might just be a uh they might be talking out their ass.

[00:17:12]Okay, maybe something like this is gonna happen. But, you know, honestly, you break out. I mean, we'll just say you look at just look how long this kept going. Okay, this is QQ. You went 20 20% there. And honestly, yeah, I mean, just look at how long the breakout lasted.

[00:17:30]This is 3 months. We're like two weeks into our breakout. I take that back. You know, time is flying. We're three weeks and technically four, but you know, one, two, three into the breakout and it's aggressive. So, honestly, no. Just look for the pullback that gets bought.

[00:17:47]That's it. Okay. It's It's not a sign that we're seeing a blowoff top and it's the market's about to crash. No, it's a sign that holy [ __ ] the market just completely woke up and all the investors on the sidelines are coming back in all in one swoop. And now, honestly, yeah, any pullback, we have capital on the sidelines is probably going to pour right into it. So, we'll see how this goes exactly, but I am anticipating one to two week pullback. That's it. On the downside, you have Friday's low $69950 underneath there. Honestly, just watch the daily 9 EMA, okay? Like, there's not levels that you really have to pay attention to right now. They're they're kind of irrelevant. All right? I mean, you could you could trade this guy right over here, but I'm telling you, we have some individual names going nuts. But even if you're just trading NASDAQ, you're just holding the QQ. 11 flipflopping% in three and a half weeks.

[00:18:42]Nuts, nuts, nuts, nuts. Okay, IWM broke out from the range we talked about. Got the measured move we talked about. 287 288 was our our target because we had a seven to eight point range here. Broke up. I think we're going to 300 bucks over here. Doesn't mean it goes straight there. Okay. No, it does not. Uh DIA, it's just consolidating. You're going sideways. Well, guess what? You're probably going to push up from the consolidation at the end of the day.

[00:19:10]RSP, this is the equal weight S&P 500 ETF. This thing is consolidating right underneath all-time highs. Well, what do you think comes next after that? You probably make the new all-time highs.

[00:19:21]And even if it goes something like this, it's probably just going to go and then you keep going higher. You see this? This is where I get this from. You see this?

[00:19:33]So, this would be exact path. And you know what? We're not even at new alltime highs, but we'll we I'm just saying this is your worst case scenario where stocks go sideways. This is everything. This is everything. All those 500 stocks there in the S&P, okay, they are all having that equal weight of the what? 0.2.

[00:19:51]Okay, 2% each. This isn't just the big boys, but you guys want to talk about the big boys. We'll talk about the big boys. The MAG 7 stocks just broke out into new all-time highs. What do you think comes next after one of these guys? What do you think comes next? All right, straight up, we might be just getting this party started. I hope they give the market the pullback because it's gonna the picture's going to become a lot more clear to me if we get that and then I just kind of know exactly what's going to be coming next. Okay?

[00:20:20]And obviously that nothing's ever going to be 100% in the market. That's how it is. All right? But at the end of the day, we deal with probabilities and we know what is extremely likely going to come next after that. And honestly, if you're doing this, it might even take you higher these next one to two weeks and then do it.

[00:20:37]You got something like right over here.

[00:20:39]Okay? And these are the Max 7 stocks.

[00:20:41]Now, let's talk about them. All right.

[00:20:43]You know what? We'll talk about the lady in the red dress over here. I told you I was going to tame the beast. All right.

[00:20:48]The little the little dumpster lady in the the red dress here. Okay. We tamed her. Damn straight. We did. Damn straight. All right. We're looking for that 40928 breakout over there. And we're going to be targeting 436. Well, uh yeah, that's that's over 20 points later, baby. Got it. Got it. Got it. Got it. All right. But uh yeah, it was coiled up over here. Honestly, this was the Mag 7 stock that I was saying uh I think this was going to be the next one to rip over here. It definitely was looking coiled up. I've seen this uh before on the name right around that 200. All you need to do is clear and get acceptance over the 200 rejection rejection. You can see on the 4 hour rejection rejection you cleared it the next day, flipped in support and the rest was history. Now I think this is going to keep driving it higher. Uh, if we see a pullback, I'm expecting it to be like this right over here before heading higher. I do think this heads higher or it's something like that before heading higher. Um, or something like that. Pull back start of the week, take out this week's high right here at 43120 and then probably would push up, I'm going to guess 440 to 450, 445 to 450 probably. Um, yeah, but I I'm looking for higher prices. We got the SpaceX IPO coming in June. I think this is probably going to be rallying into that and I have two names that we're going to talk about uh that we think are going to be rallying into that SpaceX IPO.

[00:22:14]All right, so that's Tesla and Nvidia over here, guys. Got bought off of that weekly 90A break and retest off 19763 pushed right back up to alltime highs.

[00:22:23]All right, not a bad look at all. I am anticipating this goes higher, but the question is does it do a little something like that before going higher?

[00:22:30]We don't know. Okay. Uh but yeah, I think 220 is incoming above 21683. I mean, you really could at this point just take this right over here. Okay.

[00:22:39]And you got 20 points. Okay. Uh we're going way higher and we're likely going way higher. This is a lot of consolidation here. This stock had a big run here.

[00:22:50]Not not as big as in the past. Okay. But yeah, then uh it did not find new buyers for some time. Well, we are finding finding new buyers. Okay. coming into the the equation over here. And yeah, I have to assume that uh we are probably going to be tracking higher after going sideways for you know almost a whole year. We're going to say 3/4s of a year there. Uh so yeah, that that's Nvidia.

[00:23:13]You got earnings not next week but the week after. The question is do they I mean yes that's the question as well. Um but this goes along with this the actual question. Do they go sideways into earnings or are you just going to rally into earnings? I think you're probably going to rally into those earnings, but we'll see what happens. Okay. Um, Apple, this the no-brainer here. I know, you know, I was saying Tesla right there was the top watch for the time being, but Apple, honestly, it's a no-brainer here.

[00:23:40]Just broke out into new all-time highs after going sideways for quite some time. All right, quite some time there.

[00:23:46]You got six months of consolidation.

[00:23:48]You're just starting, and you know, that's if you're including over here, it's five months if you're taking it from the high. Um but with five to six months of consolidation above a previous all-time high over here. Okay, so this is that acceptance into new highs that we were talking about there, you know.

[00:24:02]Um and yeah, you know, like that's that's what's going on here. You have been consolidating above a previous all-time high. Just literally uh just seeing if market participants want to take you higher from there and they have decided they do want to take you higher from there. Okay. So I am looking for higher prices. Um, I am honestly looking for we're talking 320, 330. I may sound crazy saying that. All right, but it's a crazy market and I probably sounded really crazy with the stuff I was talking about like one to two months ago, okay? But, uh, sweet baby Jesus, the monster. But, uh, yeah, I mean, I do think daily RSI is in a spot here where it is either going to stay overbought and you're just you're going to go sideways from right here. Okay. So no matter what, I think you go sideways at least the next two sessions with where the daily RSI is over here. You went sideways, sideways, sideways. That's three sessions and then you had a big push up. So I am actively going to be looking for that. Uh or I mean this is exactly where they're going to give you a pullback. Regardless, I'm just looking to buy that 9 EMA. I'm already positioned, but I would like to add um and yeah, I I I think this is going a lot higher here. We just cleared earnings there. You actually went a lot higher off of earnings there. So, I mean all around this a really good picture over here and I think Apple is kind of starting to uh change the story. I saw that they for the first time ever uh they spent I think it's 10% of everything they made on research and development. I think that uh Apple's probably starting to wake up to the fact that they uh I I mean honestly they're a superpower over here and they just got to use their powers. That's really it.

[00:25:42]They they have like everyone uses iPhones. I mean, they they got to have all the information at this point, all right? Like, everyone use iPhones. Apple ain't going anywhere, okay? People want to bet against Apple. I don't know what to tell you. Okay? If you want to be safe in your long term, just do what I do and just stick to Mag Seven stocks.

[00:25:59]Worst case scenario, okay? Oh, no.

[00:26:02]They're down 20 30%. They're not going anywhere. All right? If you're sticking around for the long, they're not going anywhere. I use Google every day. I use Apple every day. I I don't use Tesla every day. But these are the ones I do use. I use Microsoft because I use Windows every morning. I use Amazon not every day. Okay. But you know, Amazon has been a huge benefit, I'll say, to the life. All right. Google every day and Apple every day. Nvidia, honestly, you know, I got AMD chips in my computer, but uh I'm going to be getting a new computer soon anyway. We'll see how that goes. All right. and Tesla, you know, I I'm not going to use Tesla, but I'm telling you, you know, Microsoft, Amazon, Google, Apple, like just keep it simple, stupid. That's the motto. Keep it simple, stupid. We all think we're smarter than the market. We ain't smarter than the [ __ ] market. All right? The market is full of, you know, the smartest people in the world. It's literally the smartest people in the world, okay? If you're just a genius, eventually you're just going to accumulate mass. Okay? You're going to accumulate wealth. Those these are the people who are moving the market. It's our job to just go with the flow. We're not smarter than these people. I mean, maybe we are, but we don't know yet until we have way more money than them.

[00:27:11]And then you can't really question it.

[00:27:13]You just you're smarter than the people with less money than you. You had to have gotten to that level somehow, you know? That's how I see it. Like people they they want to insult Trump and say he's an idiot. Okay. Now, I'm not going to I'm not going to even pick a side on this. I don't even care. Okay. I genuinely don't care. Um, but my stance has always been, guys, the guy can't why stop objectively speaking, stop calling the guy stupid. Stop calling him idiot.

[00:27:39]He knows exactly what he's doing. Okay, the guy, you know, before making it, the president was worth billions of dollars.

[00:27:45]Okay, you don't get there if you're stupid. I mean, you know, maybe maybe you can. Okay, maybe you can't. But at the end of the day, you figured the game out, okay? You got to respect it. That's how I look at it. All right? And no politics will be brought into this channel. That's why that I I don't I ain't got a side. I don't even care. All right. We're here for the market. That's it. All right. Maybe sometimes politics affects the market, but at the end of the day, it's usually in the charts anyway. And you're better off just following along the charts. It's going to give you the information before the news can. If you think news is an edge, I got bad news for you. It's guaranteed not an edge. And if you think like you can get faster information than again those people with billions of dollars who are actually moving the market, uh, news flash, you can't. You can't get that. Okay? And if you can, it's at the same time as everyone else. It's not an edge. There there you go. I don't know who need to hear that, but that's how it works. I I sometimes see this stupid post, you know, on Twitter there uh explain that technical analysis does not work. These people are idiots. Okay, I've made all my money on technical analysis and I continuously find trades every single week that pop off. Oh, guess what? Using technical analysis.

[00:29:00]All right, you know, it's I I saw someone replying to a post on Twitter uh yesterday or maybe it was this morning and I liked it and it said anyone who uh anyone who says TA doesn't work is it's cope and they're relying on bad TA and I agree. Okay, if you got good TA, like that's literally all we talk about here in this channel. Let's be completely real about it. By the way, as far as news go, uh we have CPI on Tuesday and we have PPI on Wednesday.

[00:29:31]Yeah, CPI on Tuesday. PPI on Wednesday.

[00:29:35]We'll see what happens there. Okay, moving on. Next one. Google. Google.

[00:29:42]Another strong close on the week. I can't tell you if this thing's just going to keep grinding higher, but I do think whenever the pullback comes, it's just going to go sideways and then it keeps going higher. That's that. There's not much to say about it. Amazon broke out into new all-time highs too not too long ago. It's still trekking higher. I still think this looks very funky here to me. I don't like how these candles are printing and it really makes me think they're going to pull back into these weekly moving averages, at least the 5 EMA, which I mean, I don't know.

[00:30:10]Are they going to pull this thing back, you know, over 10 points here? maybe 10 to 15 points back down into previous alltime high 250860. We'll see. Okay.

[00:30:19]But at the end of the day, it's going to align with whenever Spy and QQ want to get their one to two week pullbacks.

[00:30:24]That's that. That's all you have to watch out for is just watch for Spy and QQ to test the daily 9 and then maybe the daily 21. That's going to be when you want to load up. That's it. Okay?

[00:30:36]And you know, no financial advice will be shared on this channel, but I will gladly continuously tell you what I'm thinking and what I'm doing with my money. But you know, I I take the stance that no man or woman should be telling another man or a woman what to do with their money. It makes no sense. Okay? At the end of the day, you tell someone, you know, people really, you know, they're really just antsy to share their opinion, you know, every step of the way. But, you know, once you're in the opin once you're in the position where your word just kind of means a lot to people, you got to be careful with that [ __ ] and you realize, oh [ __ ] I don't want that weighing on my mental, you know? I don't want to tell someone what to do with their money because what if I'm wrong, you know, and I don't want to tell someone what to do with their money. I mean, yes, I want want to be right there, but, you know, at the end of the day, you know, even if someone's asking me like, Henry, what what should I do? What should I take this off?

[00:31:27]Should I take profit? I I say I'm not going to give the financial advice. Why?

[00:31:31]Because honestly, at the end of the day, first of all, use your brain. I'll give you the information, but you got to come up with your own decision. That's how that works. Um, but straight up, there's plenty of freaking names here that anyone logically could have told you you should be taking profits along the way, and then the thing just skyrockets in this market, okay? And then you're sitting there, oh crap, I told people to take profits. [ __ ] All right? Like at the end of the day, do whatever the heck you want with your money because there's things like this going on and I'm not going to be the person to tell anybody.

[00:32:03]You know, I'm not going to influence someone missing something like this.

[00:32:07]What I will say is I was the guy to influence a ton of [ __ ] people to catch the move of a lifetime over here on some of these memory stocks. MU, baby. I definitely will gladly glow all I want about that because I know there are so many people out there that just made [ __ ] you kinds of money with me.

[00:32:26]And honestly, I hope y'all are having the best of [ __ ] times. Real talk, this market's been life-changing. It could be life-changing for you. And I do think we got months left on it. And I've been waiting for one of these style these 2021 style markets to come around again. Oh my god, it's finally here. And hey, if anything's going to be similar to back then, we got like one to two years of rally. We're in 2020 to 2021 right now and then boom, bop bing boom pow, we go through another bare market maybe one or two years down the line and then we get a reset on that. Honestly, guys, we'll be covering all here on this channel. All right, you want to stay ahead of things, just follow along with what we got for free here on the channel. That's that. Okay, if you want to come trade with me, that link's going to be down below. But I give everyone all the information they need for absolutely no cost to them here on this YouTube channel. And yeah, I mean, nobody's got any excuse. I literally I I give you it every single week at 5 days a week. It's too much for free. All right, so take advantage of it. It's here for the taking. Steal my stuff.

[00:33:27]Steal it. Do it. Do it. I dare you. All right. Microsoft still in consolidation has done absolutely nothing. I'm still just I'm I'm gonna put the alert right here. Okay, 43370. That's all you need to see until then. Ah, it's dog [ __ ] You don't you don't got to pay attention. Meta, uh, it's honestly just going to stay dog [ __ ] until it can reclaim the 200 DMA. That's it. Okay, we ain't got to talk about it. And while we're just, you know, on the MAG 7 stocks, just to sum it up, what we talked about at first, this thing just broke out. This is the MAG seven stocks.

[00:34:03]You have the MAG7 stocks, the big boys that really move the market. You have that and then you have all of the other stocks also consolidating underneath all-time highs. Worst case scenario, you just continue consolidation and then you still get this big leg up. You know, it's better the longer RSP is going to stay sideways like this. It is because we know that is still down the line. So, you make a ton of money when this is somehow doing this just going sideways doing nothing. just know you're still going to have like this glorious period in the market here and then you have mags as well like so we have the mag seven stocks that are going and you know I think Tesla I think Apple I think Nvidia these are positioned to really I think lead the way on that but you know at the end of the day Google's actually leading the way it's clear as day uh Amazon just pushed up the new ultim like these are going much higher Microsoft and Meta they're I don't know when they're going to join the race and I don't even care all right trade the names of strength that's all you got to do. You know, I I show you on this channel how to see when capital starts flowing into these names and that's it.

[00:35:09]That's literally it. It's your job to go with the flow. That's the only thing you have to do. And it's not always going to be picture perfect. I know. All right.

[00:35:16]But at the end of the day, I I try and show people the way here on this channel. I I hope you guys enjoy. Please remember to leave a like if you do enjoy. I greatly appreciate that. All right. Let's dive into these trade ideas, guys. We have uh 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 names we're going to dive into right now. Let's hit it with the speedrun. Sweet baby Jesus Rocky Lab. I told y'all in the last video that you had earnings and I was going as long as they didn't absolutely slam this off of earnings, I was going to watch for the breakout over this level right here.

[00:35:54]Oh my god, they sent this thing. And full disclosure, I did not get in. I did not get in. I was too focused on Tesla and Nvidia on Friday morning, which is I mean, it worked out anyway, but oh my god, dude. I want to start my swing here if they could take out my level. They gap it up. Look at this. What is this?

[00:36:17]It's going crazy. We got the SpaceX IPL coming out in June. Well, guess what?

[00:36:22]these space stocks, they're likely about to start running. There's ASDS that printed a hammer candlestick over here on the week. This is probably also going to have a big comeback story over the coming weeks. I just think the easy play is to go with the one that's already moving. Um, but I I do want to highlight that as once it can get back through the weekly 21, I'm going to fully expect this thing starts joining the race here.

[00:36:44]I think it's going to it's pretty quick, but get back up to 100 plus. All right, so I'll be commentating on it every step of the way. We have earnings coming out next week, so I'll let you know. Um, but yeah, as long as this doesn't die off earnings, I think this is going to join the race with Rocket Lab there. Okay.

[00:37:01]Now, another one there that's going to And by the way, Rocket Lab, let's just finish with that name here. Uh, 130 plus incoming. That's going to be our target here for this this next little leg. Uh, when you broke out over here, you did go 30 34%. We'll just say 30%. And that brings you just about to uh 130. Okay.

[00:37:19]So, that's going to be the target. I think it can go much higher with what the heck they just did here. I think it can. Um, and I wouldn't be surprised to see something exactly like this where they take it higher to start the week here and then we see an intraweek reversal. You go sideways and then they continue, you know, the week after, week after that. Um, I would not be surprised with the massive move you just had there on Friday. You get some digestion into this area and then you, you know, push through. once you take out this high after pulling back. That would, you know, pretty much tell you it's continuing. Um, or you're just going to hit it with another big week here and just Yeah. Then we're going to see 125 130 all in one go and that's that. All right. But, uh, RDW is a small cap name that has, I think, a 300 mil market cap. Nope, I take it back. It's got a 2.2 billion. There's another name as well that I'm watching.

[00:38:11]It's not on my list here. I don't remember the ticker off the top of my head, but it's like a 300 mil market cap. It's a $2.2 billion market cap.

[00:38:18]Still a small small cap stock over here.

[00:38:21]All right. We're seeing a lot of money flowing to names like over here Rocket Lab. It's a $60 billion market cap. All right. Whereas this one is too. All right. Uh SpaceX IPO, biggest IPO in history. I think it's like 1.75 trillion. That's insane. Okay. But if you think some of those billions of dollars are not going to flow into names like this and make this thing go 100%. I don't know what to tell you.

[00:38:45]That's the market I remember from 2021 and that's the market I'm kind of seeing right now that I mean the the [ __ ] big ass capital going into these names.

[00:38:55]They don't even care what the company as long as it's in the theme it's going. Um this is one that is involved with SpaceX and I do think it's also it's going to rip faces. Okay, just broke out from a three-point range. All right, there just on Friday and above 1040. That brings you to, you know, about 13 bucks. So 13 is going to be the target, the measure move target of this range it just broke out from. You can see on the daily time frame just broke out. Got a false breakout over there. If you can get through 1185, you really have nothing until 1455. Okay. And at that point, we're talking 20 to 2022. Uh 20 20 to 2225.

[00:39:35]Tongue twister right there, baby. Tongue twister. That's what I'm looking for.

[00:39:39]Right up into this zone. And honestly, at that point, it's going to break alltime highs just because Yeah. I mean, $2 billion is all that's needed to double this stock. Honestly, it's it only needs three billion and you're all the way up here.

[00:39:56]Yeah. I I'd say that's pretty easily going to happen when we start seeing things like this. This is exactly what I'm getting at. This is capital just flowing into the thing. It's going to keep happening. All right. In into the event, which is in June. So, we have like 3 to four weeks that I I think these things are probably going to keep catching a bed. So, those are the space stocks there, guys. Uh, AER, I did point this one out for you guys when we were down here. I don't know if anyone traded it. I didn't trade it. Um, but I did gladly point it out when we printed this candlestick right here. And then yeah, it broke out shortly after early on the week. Um, it went nuts. It is now consolidating. It looks like it is about to be breaking up for another leg. So, I'm watching it. Uh, that is AER above 10248.

[00:40:46]Honestly, this probably uh I mean it probably is going to start making these big ass moves again. I wouldn't be surprised to see 120 come pretty quick.

[00:40:54]AEHR Oak, you got earnings. All right.

[00:40:57]Just like Rocky Lab there. We're watching. As long as earnings didn't slam it, we're going to look for this move on the break over 8468.

[00:41:06]Man, I I can't believe I missed it. I'm going to show you guys this right here.

[00:41:11]Um, read this, dude.

[00:41:18]Um, where the heck is Rocket Lab? Oh my god.

[00:41:23]This is literally on Friday or Thursday.

[00:41:26]Yeah, it was th Thursday right after market close. Earnings were today and the stock is up slightly after hours.

[00:41:31]With earnings out of the way, I'm going to start watching Rocket Lab again for trades. It's been hectic here around the daily 21 EMA the last two weeks. If we could break above 8479, I think this quickly start moving back to alltime highs. Little did I know it was going to happen in one freaking day over here.

[00:41:46]This is a nuts ass move.

[00:41:47]Congratulations, whoever caught this thing. This is nuts. All right. Uh and again that's why I was saying the day traders in this market I think you're just leaving a lot on the freaking table here. Uh because yeah these things are lasting you know multiple weeks these runs and I mean they're just getting in more insane as we go you know and do I think you know the same sector is just going to keep pumping for months on end no but the capital is just going to keep flowing into these other names one by one. So I'll gladly point them out as we go. Okay. Uh, but yeah, similar to Rocky Lab, I'm looking for that style move on Oaklo here. As long as it doesn't get slammed off earnings, which are Tuesday after the bell. All right. So, we'll be seeing what happens there. As long as they don't slam the stock, I'm going to be looking for them to take this higher.

[00:42:35]If we could break above 8150, I don't think it's going to be long until this thing is above 100 bucks. All right. I'm looking for a big move to start up over here strictly because we're right around the weekly 21 consolidating and this is either where they're going to slam it or they will break it up from the structure and we're probably going to start that larger push. That's Oaklo QC comp guys. Oh my gosh. 5-year base.

[00:42:58]Watch for the breakout over 23063.

[00:43:01]I don't know if it's going to behave like these other ones, but I have to assume they're probably just going to keep taking this higher. And if it is going to behave like these other ones, then this week this thing's going to be at like 260 to 270 and paid. We'll see what the [ __ ] happens here. Um, but I am pretty sure this thing is going to be breaking out in the short term here and it's going to have the same style move that I've been watching on all these other names here.

[00:43:26]And we'll see what happens. But I put it on your radar earlier. I did because this thing was at 18210 right over here.

[00:43:34]Broke above my level. So, that's when I put it on your radar. It was this it was Tuesday's video. The thing is way higher now. It's 20% higher. And uh yeah, either way, I I'm just excited to see if this thing is going to do the same [ __ ] I've been seeing. If this pulls an AMD or an INTC, I'm going to go nuts. I'm going to go [ __ ] nuts and maybe you'll be going nuts with me. We'll see what happens. I think worst case scenario, if with a stock that pushes up like this all at once, we do know it wants to run this high. Okay, your worst case scenarios, this will pull back for, you know, 1 to two weeks and then it probably pushed back up. That's really what you're looking at. You know, this something like this, these are your worst case scenarios where you pull back and then you start pushing back up within 1 to two weeks. It's nothing scary. Okay, it just had an 80% rip off the low there. Okay. Um, but I have definitely seen how all these other names want to be moving like this, these other chip names, and you know, by the time you went to all-time highs, you were already up 73%.

[00:44:36]And this market cap at that point was more than QCOM. So, I'm just saying it's what I was talking about before, like this speculative capital, hundreds of billions of dollars is flowing into these names, are flowing into these names. And yeah. All right. Um, don't be too scared at the end of the day.

[00:44:57]I go with the going while the going's good. That's that's all it is. Okay. Um, ride the trend until the end. I'm just going to say this this it's speculative.

[00:45:07]There's a guarantee to that. But it has not broken out yet. And if it does what the other ones did, if it does within like one to two weeks, this is going to be so much higher than that alltime high price. And I have no idea if it's actually going to happen. I really don't. But I do see the same I see the same exact similarities as to what we were seeing over there. And that means like 300 bucks within like two weeks. So, let's hope for the best here.

[00:45:33]Fingers crossed. We'll see if we caught another one. We already caught one massive one. We'll see if we catch another one. Uh next one, which I'm thinking is also going to be a massive runner. I've been pounding the table on this one for a while. I didn't know when it was going to break out, but I've been highlighting the higher time frame setup for quite some time now uh on a few of these names. Another one being Cipher.

[00:45:54]And uh yeah, they're heating up. They're really heating up here. And we actually did get the breakout over previous all-time high 4020 there. Okay, we'll just make that a blue level right there.

[00:46:05]All right, you did get this weekly close above here. And as you can see, we're finding buyers for the last two sessions off that level. We pulled back into the 5 EMA along this move right over here.

[00:46:16]You really just found buyers off the five or the 9 EMA and then went back up to highs. You kept grinding higher. I'm thinking this is going to be a lot more explosive and it's probably going to be something like this. Okay. And I don't I I just want to make sure I'm in early over here. And uh I Yeah, I honestly I I added very small size over here and uh they're up quite a bit. I did add more when it came up here. Um, but yeah, honestly, this is another name that I'm watch for a massive move and you're either going to pull back from right here and probably build something out. I probably won't last too long, honestly.

[00:46:52]Um, it probably would be, you know, again, with the broad market, one to two weeks down and then, you know, you probably having one of these legs starting up. Um, this is a massive consolidation period here of 20 points.

[00:47:04]The measure move takes you to like 60 60 bucks, guys. Okay, current price is 40 4125, but you've been consolidating for 2/3 of a year. It's very likely about to be uh you know pushing up in a big way.

[00:47:17]So, I'm watching for that. Will not be surprised to see a breakout over 4425 bring it straight to 50 bucks. ALD targeting 55 to 60 bucks in the end.

[00:47:27]Oracle, all right, weekly cloud is flipping green right now. Last time this happened was right over here before this had, you know, the next two weeks from there. you had this big move start up.

[00:47:38]So, I'm watch for this big move to start up. And honestly, I will not be surprised to see 260 Oracle. I won't.

[00:47:43]Um, but the 200 DMA at 210, that's what I pointed out when we were starting this move up over here. I was saying if we could get through 18918, we should push the 200 DMA at 211.

[00:47:56]Well, we are probably going to hit that next week. That's Oracle over here. If you get a pullback to start the week and then you take out this week's high, that's what would bring that continuation. Then you target that 200 DMA. You probably would continue pushing past there. But um yeah, that's that that would be the short-term game plan there. As I point out Tesla, guys, I do think this is heading higher. I do um I'm not sure if this is going to have a massive move back to alltime highs, but I definitely will highlight the monthly and the weekly time frame. the high time frame setups here. Oh, baby. They suggest we have a chance here for a one to two week, you know, additional move here back to alltime highs. It It just looks like you definitely got a chance.

[00:48:39]You definitely do. Um and yeah, I'm honestly I I think this is one of its larger, you know, setups over here for one of these big pushes. That's that's my opinion. Um, and even if it's just going to be like over here, you can see the rally. It fizzles out, but you do continue making new highs for two weeks after this initial push. This is the initial push. I'd say for the next one to two weeks, we probably are going to continue seeing dips get bought over here on Tesla. And we're going to continue moving higher. Daily RSI is now overbought. It's right there at 70. in the past. This is either right before it starts stalling out or it has a big ass rip and it just stays overbought for the next, you know, few weeks. We will find out shortly which one we are going to get. We don't know. That being said, I'm targeting 436. I am very confident you are going to continue tracking higher.

[00:49:31]We're going to get 440 to 450 at least.

[00:49:33]All right. This week or next. That's Tesla crowd. Boom ba bing du pow baby.

[00:49:39]That was easy.

[00:49:40]>> Told you 510 to 520 target coming into the week. The thing pushes 530. It's going straight to all them high. Sweet baby Jesus. I told y'all I was looking for one of these God candles to print. I think we have a setup. I don't like trading these names, these choppy ass names. Unless I see the higher time frame setup there and I think I have a chance at catching one of these massive moves and they can pump my options. Um, we got it. We definitely got it. And honestly, yeah, this is I it's more beautiful than what I was thinking. It didn't go exactly how I was planning. I thought it would be all in one big day.

[00:50:12]It did not happen in one big day. It happened in two big days. You had a 8% move and then I mean honestly from the open there, look at that. 6% 30 point push on Friday with zero DTS. Craziness.

[00:50:25]Craziness. All right. Um, but yeah, honestly, I I would expect uh this thing's probably going to start pulling back from around here, pull back into the 9 EMA, find buyers, push back up.

[00:50:37]I'm planning on buying that 9 EMA.

[00:50:39]That's it. All right. If we see a red weekly candlestick like right there, just like right there, these next one to two weeks, I'm going to buy it. I think we push back up to the highs the next week. That's the plan on crowd. I'll hit this one more time. Here you go.

[00:50:55]>> That was easy. Yes, it was. Well, it's never super easy. That being said, honestly, we do some cool things here.

[00:51:03]And again, I share it all for free here, you know, ahead of time, you know, if you want to come trade with me and just get exact everything, you know, real time all the time, there's going to be that, okay? You know, but I really do, you know, I I give you guys like everything anyone needs to be consistently profitable and pull money out this market on a weekly basis.

[00:51:21]There's so many moves that I highlight ahead of time on this channel. Like almost all of these names usually end up working out. Why? Because I don't try and trade the [ __ ] I don't like NVTS.

[00:51:33]We're going to talk about this. This is the [ __ ] I don't trade the [ __ ] Okay?

[00:51:38]Like I'm I'm not going to trade this thing. I'm going to trade the quality.

[00:51:42]Why? Because quality consistently sets up for us. And then given some time, usually we see these higher time frame setups give us our move. That's it. This is the [ __ ] Okay, this is a speculative ass name. And I don't know why people try and focus on these names so much.

[00:51:58]It's like AER. I know I gave this to you guys. This is also [ __ ] You know, go trade the names that aren't [ __ ] Okay, trade the names that you know are going to be around. You can consistently fight setups every week if you just have a a watch list of the mag seven stocks, semiconductor stocks, because you know, at the end of the day, chips, tech falls chips.

[00:52:22]Chips lead tech. Tech leads the S&P 500.

[00:52:25]The S&P 500 leads everything else. I've had that saying in my mind for the past like three to four years. And it's never, you know, strayed me uh badly.

[00:52:35]It's never swayed me astray. I don't know the saying. I don't know. But it's never led me wrong. It hasn't. You know, if I see one section, you know, starting to move there, the semiconductors, typically tech is going to fall. I'm telling you, chips just ripped freaking faces. And I pointed this out, guys. I pointed all this out and stupid perma bears are just like I don't know. I don't know how people were bearish on this thing. I really don't. This is the biggest rip ever. But guess what? This just happened and I just told you this guy leads this guy.

[00:53:08]We're about to see another rip. The market's going to keep going higher.

[00:53:12]Don't Don't think I'm just a permable bull. I get called a permabull. And it's honestly, it's just from people who don't agree with me. I'm sorry I don't share your opinion, but honestly, at the end of the day, uh if you've bet against me the past, you know, few months here, uh you've lost. That's that. That's that. Okay. And uh yeah, here you go.

[00:53:32]>> That was easy.

[00:53:32]>> Yeah, honestly, it's been an easy easy money market recently, guys. Easy money market. I'm watching with a dip buying Apple. All right. ASML just broke out here. Last time it did break out to new highs. This thing did go uh quite vertical over the next three to four weeks here. Four weeks. 1 2 3 4. You went 30%. Okay. 30% from breaking out there. We just broke out. 30% from here brings you all the way up to uh yeah, $2,000 [ __ ] dollars. Pardon my French. Craziness. Absolute craziness.

[00:54:06]But this is, you know, months of going sideways here. Three and a half months.

[00:54:09]You're not breaking up. You got a solid week close there. A solid daily close.

[00:54:13]You definitely had supply sitting up here. Okay, this makes me think it's not going to be a failed breakout because you ate the supply right over here and then boom, they strongly push it through it and they closed you at the high of day. It's not looking bad at all. Uh the only thing about this is it's one that likes the gap. I would not be surprised to see a lot of quite quite a few gaps along the way here. But uh if this thing starts going and we get continuation this week, then we do know it's probably going to be a multi-week rally and then you kind of know that dips are going to be buying opportunities for the time being. So then we can expect dips into the 5 EMA and the 9 EMA to be bought.

[00:54:50]Specifically the 5 EMA on this name, the 9 EMA on these big insane rallies, they don't really get tested. All right, so the 5 EMA, that's what we want to be on the lookout for, just like MU I was pointing out. Now, that being said, I wish, dude, I wish it was going to be like one of these last runs, but at the same time, I mean, I'm glad to see this.

[00:55:12]I just did take off most before we have this crap right here. This is nuts. It's [ __ ] nuts. It is. And that's why I told y'all don't try and outsmart the market. Markets just It's way smarter.

[00:55:25]It really is. I saw all of this ahead of time. And I know my own psychology.

[00:55:30]And I know I always convinced myself, "Oh no, we can get back in." And then these things just rip [ __ ] faces without me. And I'm like, "Fuck, I had positions. I had the best entry points and I let them go. So, I'm not selling the rest of what I got in MU. I think we're going to get 1,000 bucks. Original target was 700 to 800 bucks. It got hit within a few weeks. Literally 3 weeks, two weeks later after a breakout. Nuts.

[00:55:56]Okay. But now you guys see you see my madness, baby. You see my madness. I'm a little crazy sometimes, but you think I'm crazy than this. Psych. Psych. All right. TSM over here, guys. broke out into new all-time highs three weeks ago and has done nothing since. It's kind of just consolidating. You got a range building out here where most of the price action took place in between here and here. All right, we'll just be conservative. Say that 24 points. That brings you up to 444.

[00:56:25]I think 445 to 450 is coming. Um I will not be surprised to see this thing drive higher this week. your worst case scenarios, you're kind of just going sideways right here after breaking into new highs, going sideways for a few weeks. We're currently, you know, this is like two weeks. Okay, so that's yeah, I can't tell you exact path here, but honestly, it looks to me like if you take out 420, they're going to send this up to 440 to 450 this week. And that's what I was originally I was looking for 430 or 440 originally. The fact that they're doing this, if they could take out this high at 420, I think they they will send this way higher. and we get 445 to 450. That's TSM. And then the last one I have for you guys today is going to be circle. And you know what?

[00:57:07]I'll just point out NVTS because it looks stellar. Okay, it does. I just This is what I'm talking about. People want consistency at least. You know, I mean, honestly, not even just option trading, okay? But especially option trading don't choose to trade the [ __ ] okay? People choose to trade these low liquidity names and it's like that's not the move. You want consistency in option trading, if you want to pull out consistent income, it literally is much easier to focus on the names that you know long or short they keep setting up for you because capital is always going to be flowing in and out of these names.

[00:57:42]It's a consistent okay there is no reason to focus on something like this you know even something like this. Now I am going to talk about circle here but yeah honestly this looks stellar but I can tell you there are you know the big boys are making just as crazy moves if not crazier and I don't know why people even try and focus on this crap. I don't. But that being said, look at this. Okay, you just broke over 1779.

[00:58:13]That was definitely a key level you wanted to get through. You rejected rejection rejection rejection. That's four sessions in a row. pull back one day and they tried it again. They got it through. Okay, if you can break through 1979, I got my alert for it. I think they bring it straight to 2219 and then we're going for 25 bucks. That would be the target here. Again, you know, this just over here looks like a mess.

[00:58:36]And yeah, honestly, I just wouldn't be trading these names. That being said, it's here. It's setting up slash it was setting up before and now it's starting to trigger. There's NVTS. Last one I have for you guys today is going to be Circle. circle, you have earnings. The last earnings report, it did end up uh sparking the uh the stock over here.

[00:58:57]Okay, it uh it definitely had a big ass move happening after the last earnings report. Um that and it kept going. You didn't have to buy in before the earnings report. You can, but I personally would rather earnings come out and then I'll I'll take my approach after that. Um you know, look at this.

[00:59:16]within 3 weeks from there you ran 85%.

[00:59:18]I'm telling you, you don't have to buy in before earnings. You don't uh I especially as an option trader. I'm telling you like earnings is not your friend. It's not. It is not. That being said, there are definitely a few names that I avoided taking my entries on off the setups that I pointed out to you guys, pointed out to my group. You know, a few of them that I just they were just beautiful looking. I just didn't want to take them because I didn't want to pay the juice premiums for earnings. That being said, they would have paid. All of these would have paid. Okay? You know, I was seen them set up for me right over here. I just didn't want to I want to use the 618 expiration because it's just, you know, I my sweet spot is one to two months out and it's normally just I'm going to stick with the monthly opex. Well, I would have had to pay these two premiums, but they all would have went over 100%. You know, from where I was looking at for entry. So, you know, that's something I'm opening up to. Not holding through earnings, but, you know, yeah, playing stocks into earnings. Like AMD was another one I didn't want to touch into earnings. I'm not talking about missing this massive 20% move up. I'm talking about this thing pulled back beautifully over here and I just decided I don't want to touch it strictly because it's got earnings and I would have wanted to swing it. Um, I did take some zero DTE when I think it was Friday here. No, maybe it was Thursday. I traded over here. Um, but yeah, that that's something I'm opening up to slash I mean, I'm still not going to convince myself to hold options through earnings. It's stupid. Okay. And I think, you know, if you want to hold shares and you got a cushion, there's that. But yeah, as far as option traders go, earnings is not your friend. All right. Um, but that's what I have for you guys today. I'm looking for this move up on Circle. If we could take out 12286, we have 13665 and then 159.47.

[01:01:04]Uh, the monthly over here is finally starting to turn around. We don't have much price history, but this is Yeah, we we could see it's uh it's starting to heat up over here. As long as it doesn't get slammed off of earnings, the trade plan is the same. Watch for the breakout over 122.86 and then for 13665 above there, 15947 daily is what really stands out to me over here. You're getting back above that 200, which again, we don't have a lot of price history, but you're back above that 200. You're basing out above that in the shortterm daily moving averages here. Does not look bad. Let's see if they could break it up. you have earnings Monday after. No, it's Monday before the bell. So, we're going to have this one either running all week or it's going to get dunked on. Let's see what happens. Okay, with that being said, guys, I hope y'all enjoyed today's video. I hope you guys had a lovely week and I hope you guys kill it next week.

[01:01:53]Remember that we have CPI on Tuesday and then PPI on Wednesday. And uh yeah. All right. You know, I'll just highlight and again, I don't know if this thing's actually going to move like the others.

[01:02:05]I don't. But I can see that they're starting to price it in all in one go after earnings over here. And it's a it's a big theme where we're seeing earnings come out and then they're some of these stocks are flying after earnings. Like Rocket Lab right there.

[01:02:18]It did nothing into earnings for weeks and then it rockets the day after earnings is done. He didn't even beat.

[01:02:26]You know, I'm just saying like that's a theme I'm seeing right now. It is actually it's a trend that I'm seeing.

[01:02:31]Okay. Like it is a real thing. That is what happened with QCOM here. And now the market's waking up to it all at once. And I think this is a potential for the next big one. And it's not a guarantee, but this is movement we've never seen from QCOM here. We've never seen this backto back, you know, week after week movement here of these massive moves. We've never go look back.

[01:02:52]You're not going to find it. All right?

[01:02:54]You're not. You have like one week and then you cool off. This is like look, one week and you cool off. This is just continuing to run like the other ones.

[01:03:05]All right. So, I'll just I'll pound the table on it. I'm not gonna say like, you know, it's do not, you know, a lot of people probably miss MU. A lot of people probably miss AMD, INTC, any of these big runners. Okay?

[01:03:20]Do not, you know, see that you miss the boat there and decide to go all in on on a speculative name because you think it might rock it. It's a terrible idea. It might pay out, but at the end of the day, what if it doesn't? Huh? What if it doesn't? You don't need a massive bet here to make it worth your while. If this is going to get the same move, it it's it's going to get the same move.

[01:03:44]Okay? Like, we're going to see the same exact thing happen. I wish I held all of my MU. I wish I held all my MU.

[01:03:54]I will say it again. I wish I held the [ __ ] Christmas, man.

[01:04:00]I wish, dude. I wish. I do. I And they're going to keep driving it higher.

[01:04:06]That's the shitty part here. It's not shitty. It's beautiful. But yeah, you know, I I caught what I thought was going to be most of it before we get a mean reversion. And I find out it's chump change. It's chump change. The thing rocketed. I think it was right. I think it was on this day I I started to start taking things off and it's like this is nuts, dude. This is nuts what we're seeing here. But, you know, I'm just I'm just doing my part on, you know, suggesting uh some sort of risk management. And by that I mean just don't do stupid [ __ ] okay? Don't do it.

[01:04:39]I know, you know, we got a lot lot of good names here that look really promising, okay?

[01:04:46]None of them are enough to bet the farm on, okay? None of them are something you should say, "Yeah, you know, I'm going to take this gamble." All right? You know, with with a lot of my money, it's not. Okay? At the end of the day, it's all up to you guys. No financial advice will be given here on this channel, but I definitely want to, you know, say my part there. I know I'm pounding the table on this name and some of these names, but it's never going to be me just telling someone to go all in on a name because, you know, at the end of the day, there is always the possibility that things don't work out. And I see people constantly year round do dumb [ __ ] They make a ton of money with me and then they lose it themselves. I got a few messages recently of this happening where they made a ton of money with me and then it did not happen.

[01:05:31]There were there were two of them. And I'm like I don't really know what to say about it. And I even told you guys about this. You know, if you get the pullback like there's no bitching, no crying, no moaning, okay? No crying in the casino.

[01:05:44]Like at the end of the day, if you're making crazy money right now and then you see if you're overlevered and you see a oneweek pullback and you lose a [ __ ] ton of money on it, it's not ever going to be a good feeling. Don't put yourself in that spot. The gains that you can make are not worth putting yourself in that [ __ ] spot. That is the same spot that people It keeps people down. All right? You let the [ __ ] compound over time, it's going to change your life. You don't let the [ __ ] compound over time, it does not change your life. That's how this [ __ ] works.

[01:06:13]Okay, don't put yourself in these stupid ass positions. Rant over. I hope you guys enjoyed today's video. I hope you guys [ __ ] crush it next week. And yeah, if you want to come trade with me and us, that link is going to be down below. I'm live every day. All right.

[01:06:27]And uh yeah, crush it next week, guys.

[01:06:30]Be safe out there and peace.