TRADE PLAN for July 16th 📈
We're seeing continued rotation out of the beaten-down chip stocks and into the Mag7 names ahead of earnings season kicking off. Let those big winners from the past few months consolidate properly. $MRVL, $AMD, $MU and the memory plays like $SNDK getting sold off here. These will set up much cleaner entries once they find a solid bottom. BE PATIENT — don't chase the weakness.
$SPX holding above 7500 keeps the uptrend alive for now, but a break under that level flips the script and puts puts back in focus. $QQQ was weak premarket, struggling near 712 — failure to reclaim it opens the door to 700 again. Price action across tech is turning more cautious especially with the semis dragging.
Stay disciplined, manage risk, and good luck out there today!! 🫡
Score: 88/100 (Solid structure matching the original's tone, real levels and rotation theme, but room for more specific option strikes like the examples.)
Don’t miss the quiet rotation happening in tech. Oversold names like $MU, $SNDK, $MRVL, $AVGO, and $NVDA are bouncing hard today. Even after heavy losses — $CRM -57%, $NOW -57%, $SNOW -56%, $PLTR -48% — these companies still sit at the heart of the AI boom.
My July tips:
• $TSLA — Stay away
• $HOOD — Skip it
• $AMD — Pass
• $MSFT — Grab at $375–$382
• $META — Snag at $590–$600
• $NVDA — Buy at $192–$198
• $RKLB — Pick up at $78–$82
• $IONQ — Get at $40–$43
Making about $90k a month now, and I love sharing what I'm into.
July picks:
$MSFT – Skip it
$GOOG – Skip it
$ORCL – Buy $142-$148
$SNDK – Buy $1880-$1890
$AVGO – Buy $395-$405
$MU – Buy $1010-$1015
Why free? I'm already set and just enjoy sharing ideas.
Stock action shaping up for next week:
$SPY | Looking solid above 740-750 support
$ASTS | Momentum pullback = possible buy area
$MU / $SNDK | Memory stocks gaining traction
$TSLA | Key weekly level being tested
Earnings plays coming first with $PEP, $DAL. Broader pictur