Ryan @ open fieldbook 📖📚

Visualize your investment portfolio with clarity | I publish a daily business and markets newsletter for free. Some have claimed it's the best. | Subscribe 👉

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

Jan 27, 2025 was the second-largest (underperformance) of XLK:SPY in the last 5 years--which also happened to be the day $NVDA sold off to the tune of ~ $600B

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

Friday, June 5, 2026:

$SPY outperformed the tech sector $XLK by the largest margin going back at least 5 years.

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

$XLK

The tech sector ETF is still 10% above its 50-day moving average and a whopping 23% above its 200-day moving average. This comes after a 6.66% decline on Friday.

These have to be considered the primary levels of support on further pullback.

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

At one point, the tech sector was up an incredible 58% in the course of 2 months; from its late March low to its recent high.

It should go without saying, that pace is atypical and not sustainable.

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

$SPY
price target: 681
time frame: 2 - 4 weeks

On top of yesterday's 2.6% decline, that marks a pullback of 10% in aggregate.

This 10% pullback could lead to a deeper correction if the 200-day moving average fails to stabilize price.

$QQQ, $IGV, and $SOXX will be hit worse.

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

$XLK

The tech sector ETF is still 10% above its 50-day moving average and a whopping 23% above its 200-day moving average. This comes after a 6.66% decline on Friday.

These have to be considered the primary levels of support on further pullback.

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@awealthofcs It’s also an investment in their future; the enjoyment of experience and creating memorable moments.

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@SowingAlphaSeed it’s a big list

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@imcryptohustler @charliebilello newer

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@firstadopter this stock is getting crushed

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@HBMStrategies @MikeZaccardi it’s a nice looking visual

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@imcryptohustler @charliebilello don’t know that word

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@benhwx @charliebilello JPM manipulates this market do you think?

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@BowTiedLobster @charliebilello this is a big call. hold cash for rest of 2026?

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@sterlingfunds @charliebilello with rate hikes, will the yellow metal fall further?

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@derrick_dao @charliebilello what’s your prediction on Gold?

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@NesnejSilver @charliebilello manipulated markets? idk, i give up. say more!

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@pinatubo2007 @charliebilello hard assets in a flight to safety?

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@jimddog1895 @charliebilello interesting call!

[Ryan @ open fieldbook 📖📚 @OpenFieldBook]

@FounderEric For simplicity and cost savings, build your own custom CRM and self host.

One month, one person development time max.

[unusual_whales @unusual_whales]

BREAKING: Trump administration is discussing a possible government stake in OpenAI, per CNBC