Overall market is still in a melt-up
Many Tech - Semi - Memory names will be moving into their last leg higher over the summer.
$MU - $SNDK - $ARM - $ALAB - $DELL - $INTC - $QCOM - $MRVL - $BESI - $ASML
For now the $QQQ - $SOXX have bounced here of their 50EMA. These levels drive momentum.
AI Data Center names are in the start of their BIG leg higher.
$IREN - $CIFR - $NBIS - $CRWV - $GRRR - $KEEL - $WYFI - $NRGV - $HIVE - $DGXX - $NOK
While Space - $ASTS - $RKLB - $SIDU - $RDW & Nuclear - $OKLO - $NNE - $SMR - $IMSR are bottoming out before starting a bigger move again.
Healthcare - $HIMS - $OSCR - $UNH - $JNJ looks the one that should cool-off and start basing again.
Lord God,
Please fill my heart with Your peace.
Calm my thoughts, quiet my fears, and remove all restlessness within me.
Let Your peace guard my mind and guide my actions.
Help me release anger, worry, and pain from the past.
Give me patience, understanding, and a gentle spirit.
May peace flow into my home, my relationships, and my future.
I place everything in Your hands and choose to trust You.
Amen 🙏
I still believe a mini 7-10% correction will hit the $SPX.
But after July. June is just giving us a taste of what is to come.
However, this is not me being a permabear. Not at all.
As once that dip arrives some time in Aug-Oct, you buy buy buy for the Santa Rally.
This is the reason why we are outperforming the markets together. Save this, and you'll be rich during bull markets, and you'll survive during bear markets.
- At market bottoms, financials and tech lead.
- At the top, energy and staples take over.
- In bear markets, healthcare and utilities outperform.
My cycle repeats every time.
Knowing where you are in my cycle tells you exactly where to be overweight.
Save this. Study it. Use it.
This is all you need to do to make millions in the stock market. Save this. Screenshot it. You will need it.
1. VIX above 35: buy aggressively
- High-beta tech, growth, small caps
- Every single time the VIX spiked above 35 since 2018 was a generational buying opportunity. COVID bottom. Oct 2022 bottom. Tariff crash. If you bought when everyone else was panicking, you made a fortune.
2. VIX 25 to 35: start scaling in
- Quality tech, financials, industrials, cyclicals
- This is where smart money starts building positions. Not all at once. Gradually. The fear is real but the opportunity is bigger.
3. VIX 15 to 25: hold
- Balanced: tech + defensives, dividend growers
- This is normal. Stay positioned. Don't chase, don't panic. Let your winners run.
4. VIX below 15: reduce exposure
- Rotate to: utilities, healthcare, staples, bonds
- This is when everyone is comfortable. Nobody is hedging. Nobody is worried. That's exactly when you should be.
- Every major crash in market history was preceded by the VIX sitting below 15 for weeks.
Right now the VIX is at 16. We're in the hold zone. Stay positioned but stay alert.
Bookmark this. The next time the VIX spikes above 35, don't freeze. Buy.
The crash of 10-15% down to 685 likely won't happen until Sep-Oct.. Just my two sense. Take it for what you will.
But given the fact that we are seeing a LOT of whales load up for August and September today is a very good sign for the tech sector here in the summer months. Can the whales be wrong, yes.
But to see so much buying here on the chain makes me feel very good about the market for July and August.
It is off to 760-770 here in July IMO. Remember the levels though.
740 support (best time for calls)
750 resistance (best time for small hedges)
$SPY $SPX #SP500 #StockMarket #Trading
We’ve got about 10-11% in corrections left for this year for $SPY . Either one big correction, or two 5-6% corrections.
We don’t have quantitative exhaustion yet, so most likely we will end up going on a nice “denial rally” towards 776-826 EOY.
By then, everyone who’s bearish will transition from their “denial” stage of grief, towards acceptance. And at that point, bears will be bullish again.
My thesis is it’ll take 2 months (Sep 1) to get the quantitative data ready for quantitative exhaustion, leading to 10-11% in corrections heading into November. Once quantitative exhaustion is triggered, it takes about a month to complete the correction, and another month to recover at new ATH’s.
Until then, market will likely grind higher July and August. Monthly quantitative data will be ripe for correction conditions, and then we let it happen.