Rough day for $NFLX, down -5.32%. It’s deeper than Iran headlines—streaming wars are getting brutal again. Classic market behavior: when panic starts, high-multiple growth names get dumped first.
Bouncing at $73, or is the flush continuing? Let me know. ☕📊
🔔 Opening Bell — $SPX
Futures said 7,559 this morning… market opened at 7,487 😬
Iran risk-off hit harder than expected. Ranging 7,468–7,511 right now.
Bulls need 7,500+ back ASAP or this gets ugly fast.
You hedged? 👇 $SPX $SPY
$MU up +4.73% today while the market hides under the desk from Iran news.
AI chip demand doesn't care about geopolitics.
Earnings Wed. Bar is sky-high at $1,187. Beat = moon. Miss = pain.
Watching closely 👀 $SPX $NVDA
📊 $NVDA Chart of the Day
Pulled back from ATH $236 → now consolidating ~$210. EMA21 still sloping up at $184 — trend intact.
Support: $205 / $200
Resistance: $216 / $236
Risk-off day today. Does NVDA hold $205 or crack? 👇 $SPX
☕📉 Pre-Market Brief — Mon June 22
Futures sliding 7,559 (-11pts) as US-Iran Day 1 talks flared — oil at $75.24, risk-off back. Trump threatened strikes, Tehran briefly paused talks.
Watch: PCE Thu. Can $SPX hold ATH?
Drop your levels 👇 $SPY
Tech still drives $SPX. $INTC ripped +10% Thursday on the Trump-confirmed Apple chip deal — proof one mega-cap headline can swing the whole index. Watch how far Tech can stretch before the rest of the market needs to catch up. 🖥️⚡ $SPY
☕📈 Warsh's first Fed meeting: held at 3.50-3.75%, but dot plot turned hawkish — 9/18 officials eye a hike this year. The US-Iran deal reopens the Strait of Hormuz, oil back to $76. Hawkish Fed vs cooling geopolitics — who wins Monday's open? $SPX $SPY 👇
Huge geopolitical development over the weekend. The closure of the Strait of Hormuz will trigger a sharp spike in oil prices, reigniting inflation fears.
Expect high volatility at the $SPX futures open. Risk-off sentiment is building. Watch the levels closely. 🛢️⚠️
Solid breakdown on the AI buildout phase. The physical infrastructure—switching, wiring, and optics—presents some of the asymmetric setups in this market right now.
Don't sleep on the connectivity play. 💻⚡
4 STOCKS CONNECTING THE AI BUILDOUT
A modern AI system is thousands of chips wired together and they're only as fast as connections between them so as companies pour money into AI, a huge chunk goes to the wiring (~$0.40 to $0.60 for every dollar spent on chips) and these four each own a different piece of that wiring:
1. $AVGO (AI connectivity king)
Broadcom’s switching chips help tie thousands of AI processors into one network while its custom silicon business designs AI accelerators for the largest tech companies. Q2 FY26 AI semiconductor revenue reached $10.8B (+143% YoY) guided to $16B in Q3 with networking a rising share of the mix and an AI backlog above $73B. Broadcom is also the only name here that pairs the switch fabric with the custom accelerator it connects.
2. $ALAB (rack-scale connectivity pure-play)
Astera is cleanest pure-play on rack-scale AI fabric and the easiest way to think about it is that a rack of AI chips is like a crowded building and Astera makes the traffic-control layer that keeps data moving between chips, memory, switches and accelerators so the whole system doesn't jam. Its Aries, Taurus, Leo, and Scorpio product lines cover the full rack and Q1 FY26 revenue hit a record $308M (+93% YoY) with new Scorpio switch on track to become its largest product line by year-end and a $6.5B $AMZN agreement behind it.
3. $CRDO (copper connectivity leader moving into optics)
When chips sit close together, the cheapest high-speed connection is active copper and Credo has become the leader in that market with an estimated 75% share but now using that lead to expand into optics so its no longer just a one-product story. FY26 revenue just landed at $1.34B, (+206% YoY) and as the industry transitions to faster 1.6T networking, every upgrade cycle creates another replacement opportunity that Credo can sell into.
4. $AAOI (vertically integrated optics)
Copper works inside shorter distances but once data needs to move across larger AI data centers and campuses then it has to move through fiber optics. Applied Optoelectronics builds those light-based components and unlike many rivals it manufactures the lasers inside them while ramping 800G and 1.6T optics for larger AI clusters. Q1 FY26 data center revenue jumped 154% YoY to $81M on initial 800G volume shipments with management raising full-year guidance to $1.1B and saying demand exceeds capacity into mid-2027.
Key catalysts this week:
• Mon: China PBoC Rate Decision
• Tue: Flash PMI (US, EU, UK)
• Thu: US GDP & Core PCE 🚨
What’s your move for Monday? $SPX to the moon or time to short? Drop your setups below! 👇 (4/4)
Market is back on Mon after the Juneteenth recess. All eyes on Core PCE data later this week.
Will bulls push $SPX to new All-Time Highs or is a correction coming?
Here is your weekly macro roadmap & key levels for June 22. 👇 (1/4)
Watch for sector rotation:
• Big Tech ($NVDA, $AMD, $PLTR): Valuations are stretched. Look for capital moving into AI infra/power grids. Buy pullbacks near 21 EMA.
• Energy ($XOM, $CVX): Geopolitical risks keep oil volatile. Great defensive hedge. (3/4)