β οΈ VIX 21.54, up 10.9%. The Dow closed green (+0.41%) but the fear gauge didn't buy it: Nasdaq β1.08%, S&P β0.50%, MSFT β2.8%, AAPL β1.8%. Amazon +2.2% bucked the tech slide.
#VIX #MSFT #StockMarket
π See you all on the trading floor
β οΈ VIX 21.54, up 10.9%. The Dow closed green (+0.41%) but the fear gauge didn't buy it: Nasdaq β1.08%, S&P β0.50%, MSFT β2.8%, AAPL β1.8%. Amazon +2.2% bucked the tech slide.
#VIX #MSFT #StockMarket
π See you all on the trading floor
VIX sitting near the floor of its range while sentiment leans toward greed. Banana and Ginja walk through how they read volatility and the fear and greed gauge to decide when to press longs and when to tighten up. SPY holding green today while QQQ slips.
π See you all on the trading floor
#TrendRebel #StockMarket #Trading #VIX #Volatility
RIVN up 10% today and pushing right back into the trendline it lost off the 2024 low. Banana and Ginja walk through the multi-year chart LIVE: reclaim that line and the breakdown looks like a shakeout, reject it and that lost trendline becomes resistance.
π See you all on the trading floor
#TrendRebel #StockMarket #Trading #RIVN #Rivian
π Midday check: S&P 500 +0.35% at 7,606, Nasdaq +0.30%, Dow leading the pack at +0.96% (+499).
β οΈ The story is the fade. The S&P ripped to 7,662 by 10:25 and has bled out ever since. It's now sitting right on the day's lows, basically back where it opened. Green on the screen, but the tape says buyers lost interest fast.
π Part of that is Apple. Down 2.3% into tonight's earnings, and when the biggest name in the index gets sold ahead of a print, the index feels it. Amazon is doing the opposite, up 4% as the street warms back up to the AWS story after last week's capex sell-off. Marvell is the ugly one in chips, down 9% after agreeing to combine with Lumentum. Big AI optics ambitions, but the market isn't paying up for the deal today.
π Afternoon look-ahead: Apple reports after the bell and midterms are tomorrow. That's two catalysts stacked back to back, so don't expect anyone to get aggressive here. Watch 7,600 on the S&P. Hold it and this is just a cooling-off from a hot open. Lose it and the green day could turn red by the close. Dow strength is carrying the headlines, but the S&P chart is the one telling the truth today.
π See you all on the trading floor
#StockMarket #Trading #WallStreet #MarketUpdate #Apple #Amazon #SP500
π Earnings On Deck: SMALL / MID CAP
Week of 11/2 + 11/9
What reports, when, and how these names have moved after their last few reports.
π See you all on the trading floor
#Earnings #StockMarket #Trading
π Earnings On Deck: LARGE CAP
Week of 11/2 + 11/9
What reports, when, and how these names have moved after their last few reports.
π See you all on the trading floor
#Earnings #StockMarket #Trading
SOXL dropped 24.7% today and is now trading near 77, a long way off its 302 high. Banana and Ginja pull up the weekly chart and map where the next support zones sit underneath. Falling knife or the start of a base, the levels decide it.
π See you all on the trading floor
#TrendRebel #StockMarket #Trading #SOXL #Semiconductors
π΄ Intel β29% after earnings, and it took the chip trade with it. AMD β10.8%, QCOM β11.1%, SMH β6.9%. S&P 500 β2.07%, Nasdaq β2.77%, VIX +15.6% to close out October.
#INTC #Semiconductors #StockMarket
π See you all on the trading floor
AMZN gapped down to 229 after earnings and spent the whole session climbing back toward the gap, finishing near 240. Banana and Ginja break down whether that gap fills, where the bottom of the range sits on the daily, and why this bounce looks stronger than most of big tech with QQQ down 3.5% today.
π See you all on the trading floor
#TrendRebel #StockMarket #Trading #AMZN #Earnings
π Midday check: S&P 500 -1.57% at 7,599, Nasdaq -2.60%, Dow -0.68%. Red board, and tech is doing the bleeding.
π₯ The hook: Intel is down 29% so far after its earnings, and it's taking the whole chip complex down with it. This isn't a tidy rotation. AMD -11%, Micron -5.5%, Nvidia -4%. When a name gets cut by nearly a third in one session, the market starts asking which other semis are priced for perfection, and right now it's selling first and asking later.
π§΅ The thread: Nvidia alone is the heaviest Mag7 drag on the S&P, and every one of the Mag7 is red at midday. VIX is up 16% to just under 20. The S&P tried to bounce mid-morning, faded, and has been grinding along the lows since noon. No buyers stepping up yet.
π Into the afternoon: Friday plus month-end means positioning matters. Watch 7,590, today's low. Hold it and we probably chop into the bell. Lose it and the weekend de-risking crowd could pile on. Semis are the tell: if AMD and Nvidia can't stabilize, don't expect the index to.
π See you all on the trading floor
#StockMarket #Trading #WallStreet #MarketUpdate #Intel #Semiconductors #Nvidia