Semiconductors:
AMD- pretty much in line numbers on eps/ rev (.69 vs .67eps estimate) 5.6b vs 5.5b est- looking at after hours I am looking 74.71 downside break and 78.60 upside break, this has been a lagging semiconductor still below 200sma , while NVDA has outperformed,
NVDA- i will look to trade with SOXL/ AMD, 188 on downside// 197/198 upside breaks, this is before Powell comes on, I would expect his commentary to move markets / high beta names
SOXL- im looking to see if we reclaim 14.80s, if not I will look to lean here
TECH
MSFT- I actually shorted a few times this morning, didn’t work and I didn’t stick around, it held very well as the QQQ/SPY did as well, bullish case I am looking vs 245.50 for possible 250s+ and downside I am looking for that same level, 245.50 and lods confirmation from today to confirm downside, have to be a two way trader into news days, things change quickly
AAPL- ill be looking vs 145.80s over/ under for a trend join
META- going to be looking vs 145 area
QQQ- going to keep looking to see how we react vs the 200 day sma, we are right on it , if 288 starts to breakdown I have no problem trading short
TQQQ- short trade proxy for QQQ, increased volatility
SHOP- looking for a long vs 48.50s if markets hold up, nice flag here
AMZN- i am looking vs 101.21 for upside confirm 103.35-.50 breakout and next leg, also earnings thursday
GOOGL- looking vs 97.50 over/under trend join, earnings Thursday
TSLA- looking vs 174.30 as a pivot, this has a had an insane move, no problem shorting if market gets heavy and we stay below
SNOW – like the trend join here nice build above the 200sma vs 153.70
SPOT- nice earnings breakout today on big subscriber growth, will be looking vs 108-110 long side
SOFI- like weak open for 7+++ breakout right space on solid e/r improvement
Other
NUE- nice e/r here big beat, looking vs 166-67 for 170 channel breakout
AI- beautiful trend here, we a clean long today if took, ideally consolidates couple days for next leg, but if 18.50s/19 hold tmrw and we get this volume support like we did today (+2333.9%) rvol , this is record volume for the stock in a chat GPT theme, definitely some real buyers
MTCH- e/r miss looking short vs 51/52
SNAP- e/r miss will watch vs 10.50 area
MBLY- continuing the IPO breakout watching vs 37 for 40++ whole number breakout, nice rvol increase today
great stuff thank you