$SMH is not far from testing its 20EMA. The last 20EMA test was bought aggressively. A potential close below it would open the gates for a 50dma test. @MarketSurge#IBDpartner https://t.co/KnrcvqweTk
My guess is that if SpaceX IPO's at a 1.75 trillion valuation, it'll probably open or reach 3-3.5 trillion on its first trading day, and then it will proceed to drop 50-75% in the following 6-12 months. $SPCX
Weak open, strong close. Small caps outperforming. Dips in leaders getting bought consistently. Corrections through sector rotations. These are all characteristics of a bull market.
$HOOD just dropped their pattern day trader restrictions. Their median account balance is 250, average account is 5k, so they are likely to be among the biggest beneficiaries. More trading = more gains for the brokerage. Setting up for a potential bounce.
Healthy bull market sector rotation - as AI leaders are pulling back to test their 20EMA, money is flowing into other areas of the market. Small caps are green today. $SMH $IWM @MarketSurge#IBDpartner https://t.co/KnrcvqweTk
The 5 best-performing ETFs of the past year: $MUU 6000% (2x long Micron), $KORU 2080% (3x long S Korea), $BWET 1800% (Tanker shipping), $INTW 1600% (2x long Intel), $SOXL 1420% (3x long semis).
Potential temporary rotation into more defensive sectors this morning - healthcare and consumer staples are perking up. Stocks like $UNH and $LLY are trying to bounce. @MarketSurge#IBDpartner https://t.co/KnrcvqweTk
๐คช ๐ฎ AI agents ... and stablecoins? @Upticken shares his โwacko bullishโ investment thesis. Jim Roppel explains why he sees AI agents and stablecoins as a powerful combination on the latest Investing with IBD podcast. Catch a glimpse here: