The S&P 500 is in an intermediate-term rising phase with a diamond pattern forming, which has higher odds of continuing upwards than forming a high.
Source Post
askSlim Market Week Brief 07/10/26 - Analysis of Financial Markets
Jul 10, 2026
The creator discusses market movements, highlighting a rebound in semiconductor and memory stocks after initial selling. They also mention Meta's AI monetization plans and the upcoming trading debut of SKHY. The video then transitions to an analysis of the SPDR Biotech ETF (XBI) by analyst Katie, who examines its performance across monthly, weekly, and daily charts, noting positive momentum and potential upside targets.
Linked Mentions
Tickers discussed in this post
NE has been trading in a wide chop and is out of phase, with a low due in early August, suggesting it should be kept on the radar.
NET is mentioned as a top holding in the CIBR sector ETF.
Cisco (CSCO) is mentioned as a top holding in the CIBR sector ETF.
CRWD is mentioned as a top holding in the CIBR sector ETF.
PNW is mentioned as a top holding in the CIBR sector ETF.
Meta gapped down 3% but staged a large upside move due to a clear plan for AI monetization and leasing excess compute.
Linked Signals
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