@MissBehave2121 Semiconductor equipment has been in a weird holding pattern for weeks. That breakout looks clean, but I'm watching if it can hold above 330 before calling it a trend shift.
$LRCX is making a big statement today. 🚨📊
This isn’t just about one stock moving.
On the 15-minute chart, Lam Research came out of a tight range around 310–320 and shot straight up to 335–336.
To me, that means buyers are circling back to semiconductor equipment stocks.
It’s close to its recent high right now, so I wouldn’t jump in blindly. But the setup still looks solid.
The first level I’m watching is 330.
If $LRCX dips and holds near 330, it’d show that buyers are protecting the breakout.
The real key zone is 326–327.
As long as it stays above there, the short-term bullish trend stays alive.
If it breaks and holds above 336, we could see the next leg up.
But the bigger picture here is:
When $LRCX moves, it’s not just about one company.
It’s about the entire semiconductor equipment cycle.
Other names to keep an eye on:
$ASML — advanced lithography
$AMAT — semiconductor gear
$KLAC — inspection and control
$TSM — advanced chipmaking
$INTC — foundry growth
$NVDA — AI GPU demand
$AMD — AI accelerators
$AVGO — custom AI chips and networking
$MRVL — AI networking and custom chips
$MU — AI memory and HBM
$SMH $SOXX — semiconductor ETFs
My take:
If AI chip demand keeps climbing, we’ll need more fabs, more tools, more advanced processes, and more semiconductor spending.
That’s why equipment names like $LRCX matter.
The chart is looking strong.
The sector rotation is real.
The AI supply chain is still moving.
But I want confirmation on support, not just chasing the hype. 🚀📊
Not financial advice.
Big news: Iran's Parliament Speaker Ghalibaf just spoke out after Iran ended all talks with the US.
He's warning Israel to stop its "crimes" in Lebanon, or Iran won't just stop negotiations—they'll push back hard against them.
⚠️ BIG WARNING: Anthropic's IPO could shake the whole market 🚨
They're looking at a ~$1.5 TRILLION valuation. That's massive.
Investors will have to sell what they own—Microsoft, Google, crypto, risky tech—to buy in. This isn't just another IPO. It's a huge cash grab.
🚨 BREAKING
🇮🇷🇺🇸 Iran's team is cutting off all talks with the US through mediators, per Tasnim.
This is a protest against what Israel is doing.
The Iran deal is unraveling once more.
Really bad news for markets...
Equity futures rose as the US and Iran both sought changes to a draft agreement that would extend a ceasefire and open the Strait of Hormuz. Brent crude rose to its highest level in 6 weeks, pushing 10yrTYs higher. Tech stocks continued to move higher led by AI and memory chip names ( $MU +3.7%, Samsung +10.3%). $NVDA (+1.8% pre-mkt) is entering the PC market this Fall with its new RTX Sparkchip designed to modernize PCs for the AI era. The $75 billion $SPCX IPO readied for lift off, with bankers expected to pull in a record $75 billion, including $20-$25 billion from retail investors. $TSLA dropped -1.5% to $429 pre-mkt as some investors grew more concerned about the likely dilution associated with a potential TSLA SPCX merger after SPCX completes its IPO. Friday’s May jobs report will be a key data point for the June 16-17 Fed meeting.
HUGE NEWS: We actually did it 🐋
Meet Mr. Whale — a trading buddy plugged straight into live market data.
He already knows what your top stock did 2 mins ago... and can help you find the next one using our tools.
Ask him anything 👇