Today the $SMH saw an intraday bounce from the 🟣ceasefire ⚓️VWAP
The market doesn't care what I want
Here is what I want from the $SMH before it can experience a stronger bounce:
Undercut of the 6/9 low (green circle) of 554.66 and come down to the 🟢⚓️VWAP from the YTD low
Then I would watch the intraday action closely for signs of strength
The market doesn't care what I want
Saylor's $MSTR filing for selling (I will never sell) #Bitcoin came yesterday morning and the price dropped right to the VWAP from the YTD low before a beautiful bounce occurred
Micron $MU reported record and shockingly strong earnings on 6/24, the next day it gapped up and hit $1.255, today (7 days later) it closed at 938 down 25% from that euphoric move.
$SPCX was "supposed to soar" on the Nasdaq 100 inclusion, instead it is lower.
moral of the story, listen to the price action, not conventional wisdom
Only Price Pays
Mitch McConnell has been hospitalized and possibly braindead for over 3 weeks, and immediately after it happened his wife flew to China and met with their VP.
Everything is fine.
Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves. https://t.co/Cssgz29Psj