July would have finished in the red for the S&P 500 (SPY) if it weren't for the Mag 7 stocks. In 2025, they are responsible for 48% of the market's returns!
Is GOOGL Still a Buy? Alphabet (GOOGL) isn’t exactly moving in sync with the rest of the tech sector right now, and that has traders asking serious questions. While the Nasdaq 100 and key names like TSLA, NVDA, and META continue pushing higher, GOOGL looks stuck in the mud. So what’s really going on here?
Market Rotation Into Small caps is unfolding. IWM ETF appears to be set to make another rally here to the upside as the market rotation into small caps continues. Russell 2000 (IWM) pulled back late last week and is now bouncing off of the Fibonacci retracement levels and sets up for a potential rally
Don't Chase Stocks Gapping Up! When swing trading, it's crucial to be aware of the potential pitfalls that can derail your strategy. One common mistake many swing traders make is chasing stocks gapping up significantly higher at the open. While it may be tempting to jump on board, hoping to catch a ride on the
Mastercard (MA) pulling back here to the rising trend-line. Watch for whether it can hold & bounce. . Alphabet (GOOGL) buying the dip off the rising trend-line today.
$SPY Kinda looks like a rug pull if you ask me. $FDX long-term trend-line worth watching especially as it is trying to hold it despite the massive gap lower. Diamond top on $GOOGL with a hard reversal and breakout to the upside which nullifies the pattern. Which is also a good example of why in
Long-term support on $F broken today. This is a scenario where trying to guess at where support might loom is not worth it. Best to let the stock start to base first instead of guessing where it might bounce. $XLF nearing a potential bounce area here. $GOOGLslicing right through support, it may be that a
$GOOGL pullback to the bull flag breakout today. Will need to hold this or risk this being a failed breakout. $AMD pulling back to its rising trend-line off the January lows, after failing to break out of the bull flag this morning. With today's fade off the highs of the day, if it holds into