I’ve spent 2 hours combing through over 160 charts. Here are 40 stock charts you need to watch in the next 5 days!
The market is still consolidating, but the tone shifted a bit last week.
SPX failed to break out and closed near the weekly lows. QQQ and semiconductors weakened. Software is trying to stabilize, while earnings from names like $TSLA, $GOOGL, $IBM, and $INTC will likely determine where we go next.
Here’s the watchlist and recording (audio cuts out after 20 min):
$SPX: SPX attempted to break above both the weekly high and the upper trend line but couldn’t hold it. Buyers ran out of momentum and sellers stepped in, leaving us with a weekly close near the lows. While that’s a short-term negative, the bigger trend hasn’t broken. We’re still trading inside a two-month triangle after a strong advance. 7400 remains the key level I’m watching. Lose that and 7235 becomes a realistic target. Recover 7500 and the 50-day moving average, and I’d start looking for another push higher.
$QQQ: Tech had one of the weaker weeks. QQQ is now below the 9, 20 and 50-day moving averages, and those averages are beginning to roll over, which is an early warning sign that momentum is fading. I’d keep a close eye on 685. If that level fails, the next meaningful support doesn’t come in until around 640.
$IWM: Small caps continue holding above the 50-day moving average, which is constructive relative to QQQ, but the chart is still trapped inside a broad range. Until we reclaim 300, I don’t see a high-conviction setup here.
$IGV: Software has cooled off after being one of the stronger groups a few weeks ago. The ETF remains below the 200-day moving average and continues to struggle there. Some individual software names still look attractive, but I’d like to see IGV reclaim 95-96 before becoming more aggressive.
$SMH: Semiconductors spent another week under pressure but did manage to defend the 555 area on Friday. This group is sitting at a very important inflection point. If buyers can build on Friday’s bounce, we could start seeing leadership return. If not, this pullback could continue.
$BTC: Bitcoin continues drifting sideways without much conviction. It’s holding the 58K-60K region, but there’s still no catalyst or technical confirmation suggesting buyers are ready to take control. For now, it’s simply range-bound.
$AAPL: Apple continues to be one of the strongest charts in the market. Three straight weekly gains have brought it right back to all-time highs after fully recovering from the post-WWDC weakness. It has quietly become one of the market leaders again. Above 335, I’d look for continuation toward 350-360.
$MSFT: Microsoft briefly reclaimed the 50-day moving average before giving it back. The chart isn’t broken, but it hasn’t shown the same relative strength as Apple or Meta. 400 remains the level I’d like to see recovered before getting more constructive.
$GOOGL: Google remains below its key moving averages after the Gemini-related headlines earlier in the week. Friday was a better session relative to the market, but the chart still needs time to repair itself before offering a clean long setup.
$META: Buyers stepped in exactly where they needed to, defending both the 200-day moving average and prior support. That reversal keeps the chart constructive despite the recent volatility. Above 650-652, I think Meta has a good chance of working back toward the highs.
$TSLA: Tesla continues to be one of the weaker mega caps heading into earnings. The price action has been choppy, momentum is fading, and the chart lacks a clear trend. Below 368 could accelerate another leg lower. For now, I’d rather wait for earnings than force a trade.
$AMZN: Amazon briefly reclaimed the 50-day moving average before giving the move back. It’s another chart that’s trying to stabilize but hasn’t earned my confidence yet. A sustained move back above the 50-day would improve the outlook.
$NFLX: Netflix sold off after earnings and is now sitting at an important long-term support area around 70. That’s the level that matters. If buyers can reclaim 70, and especially 75-76, this quickly turns into an attractive failed-breakdown setup with room to recover.
$NVDA: Friday looked ugly initially, but buyers defended both the psychological 200 level and the 200-day moving average. That’s exactly where you want institutions stepping in. Above 207, I’d look for a move toward 214-215, and only above there does a run back toward the highs become realistic.
$BROS: Quietly building one of the cleaner bull flags on my watchlist. Friday’s strength was encouraging, and above 70 I think this one has room for another continuation move.
$BE: After an incredible run, BE has finally started pulling back into support. This isn’t a chart I’d chase, but it’s one I’d monitor closely. If buyers defend 195, it could become another attractive continuation setup.
$USO: Energy benefited from renewed geopolitical headlines and has started improving technically. A move above 125.85, along with reclaiming the 50-day moving average, would strengthen the bullish case.
$NBIS: One of those AI names that can reverse very quickly once buyers return. Friday’s recovery was encouraging after several weak sessions. It remains firmly on my watchlist.
$NET: Software hasn’t completely fallen apart, and NET continues to be one of the stronger names in the group. I’m watching 280-282 closely. If software finds its footing again, this is one of the first names I’d expect to move.
$PANW: PANW continues holding up well despite broader market weakness and has respected support remarkably well. Earnings aren’t until August, leaving plenty of room for institutions to accumulate. Above 368, I’d expect momentum to build toward 400.
$DELL: Dell continues holding its post-earnings gap extremely well despite weakness across AI infrastructure. That tells me institutions still want exposure. Above 410 would likely restart the uptrend.
$LLY: Healthcare remains one of the stronger areas of the market, and Lilly continues showing leadership. Above 1200, I’d expect another leg higher as buyers continue rotating into defensive growth.
$CRWD: CrowdStrike has done a great job holding above 200 despite the broader volatility. That’s constructive. Above 210, I’d look for buyers to regain momentum.
$BAC: Earnings are behind it, removing one layer of uncertainty. As long as 60 holds, I think another breakout attempt remains very possible.
$MU: Memory continues weakening after an exceptional run. Momentum has clearly faded. Below 800, I’d expect another wave of selling before buyers become interested again.
$AMD: Despite the recent pullback in semiconductors, AMD continues to hold up better than many peers. The 500 area becomes an important decision point early in the week.
$V: Visa printed an inside day after a healthy advance. Those often resolve with expansion. Watching 365 closely.
$MA: Very similar setup to Visa. Healthy consolidation after a strong move higher. Worth watching if financials regain momentum.
$SNDK: After an incredible run, the correction has been significant. The chart still needs time, but 1275-1300 becomes an important area to watch for signs that sellers are finally exhausting themselves.
$ALAB: Another AI leader that’s finally cooling off after months of strength. Nothing wrong with the longer-term story, but technically it needs more time before becoming attractive again.
$SPCX: SpaceX continues trading below its IPO price and has steadily deteriorated technically. August earnings become the next meaningful catalyst. Until then, I’d rather let the chart prove itself.
$HOOD: Robinhood has now lost both 100 and the 200-day moving average. That’s meaningful technical damage. I’d wait for buyers to reclaim those levels before becoming interested again.
$ISRG: One of the cleaner downside setups on my list. A break below Friday’s low around 345 could trigger another leg lower.
Overall theme:
Last week’s failed breakout shifted the short-term tone more cautious, but the bigger picture hasn’t changed. SPX remains inside a two-month consolidation, and earnings will likely determine whether we finally resolve higher or break lower.
Semiconductors are trying to stabilize after a difficult stretch, software is mixed, and Wednesday becomes the biggest day of earnings season so far with reports from $TSLA, $GOOGL, $IBM, and $NOW, followed by $INTC on Thursday.
$AAPL, $NVDA, $META, $PANW, $NET, $LLY, and $BROS are some of my favorite charts going into next week.
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