5/30/2026 Daily Recap: Software Strikes back!
- Software Application $TEAM $APPS $SNOW $DOCN $DDOG $FROG
- Software Infrastructure $OKTA $ZETA $SAIL $BAND $PANW $RBRK $CRWD $ORCL $NBIS
- Memory and Semiconductors continue acting well
- Transports $IYT doesn't look like a recession to me $DAL $UAL $OFDL $FDX
- Drones $ONDS $UMAC $RCAT
- Drones names fall into the aerospace and defense group as well which is also leading $UFO $RKLB $ASTS $RDW $LUNR
- Nuclear looks like it's trying to turn back up $URA $URNM $CCJ $UUUU
- Solar a quiet leader $SEDH $ENPH $NXT $TAN
- Industrial metals also at highs $STLD $NUE $CENX $AA $HBM
- There are just far too many groups working well to be negative here.
- I don't suggest chasing price but I continue to think pullbacks can very much be buyable on names holding their respective rising 20 and 50sma!
bringing back old Pizza Hut store designs could be Pizza Hut’s biggest marketing win since that incredibly random Mikhail Gorbachev Pizza Hut TV ad from 1998
You guys are seeing this? $AMBQ
"Ambiq Micro, Inc. engages in the provision of ultra-low power semiconductor solutions designed to address the significant power consumption challenges of general purpose and AI computing."
For this Wed we're looking to enter $GEV, $RKLB and $FUTU. Quite similar setup building the right side of their bases with contraction pattern near their 50MA.