Best scenario today, we get an early wash out and afternoon recovery, locking lows in early trade and closing towards the highs.
A green open isn't really bullish today...
REALLY didn't want to make any major decisions this week but man today is UGLY.
Maybe SpaceX does the thing, maybe it continues to suck the air out of the market but todays range is the first "sell signal" I've got since April
Support / Resistance levels below
You ever short on a war headline and get stopped out by peace ten minutes later? 😅
*TRUMP: WILL BE ATTACKING IRAN HARD
TRUMP ON IRAN: THEY HAVE AGREED TO NOT HAVING A NUCLEAR WEAPON, ALL THEY HAVE TO DO IS SIGN THE PAPER
*TRUMP ON IRAN: IT'S FULLY NEGOTIATED
Applied Digital ($APLD) secured 15y 210MW lease w/ US hyperscaler, locking $5.2B base rev for Delta Forge 2.
AI training deal boosts contracted portfolio to $36B, validating scalable DC franchise model.
Stock +10% after hours
Told you we weren’t going to follow through out of the gate 💪🏼
From here for $SPY / $QQQ
Fridays low is broad support
Fridays high is broad resistance
I expect both to be tested a bit but ultimately we trend above or below Fridays high/low to determine the prevailing trend.
It’s a RAGING bull market at the end of the day. The dips will get bought. It’s a matter of the market deciding if that was good enough or if it wants a bigger discount
Boom
AMAZON $AMZN, CORNING $GLW ENTER MULTIBILLION-DOLLAR PACT
AMAZON: ANNOUNCES AGREEMENT WITH CORNING TO BOOST US FIBER OPTICS MANUFACTURING, CREATING 1,000 ADVANCED MANUFACTURING JOBS IN NORTH CAROLINA
https://t.co/EH4IRLIpP5