Meta is collapsing after earnings, which the creator likes as it often leads to nice opportunities once the market stabilizes.
Source Post
Technical Analysis of Stocks: SPY / QQQ / NVDA / TSLA / AMD / PLTR / HOOD / ORCL
The creator analyzes market signals, noting SPY's upward movement and resistance breaks, while QQQ remains bearish below critical resistance levels. Other ETFs like Dow Jones and IWM show mixed signals, with the semiconductor ETF exhibiting a bearish trend. The creator emphasizes caution due to conflicting signals and the importance of technical analysis for identifying trading opportunities with good risk-reward.
Linked Mentions
Tickers discussed in this post
Oracle is mentioned as a tech stock whose performance is crucial for the QQQ and the broader market's upward movement.
Robinhood is mentioned as a tech stock whose performance is crucial for the QQQ and the broader market's upward movement.
Palantir is mentioned as a tech stock whose performance is crucial for the QQQ and the broader market's upward movement.
AMD is mentioned as a tech stock whose performance is crucial for the QQQ and the broader market's upward movement.
Tesla is mentioned as a tech stock whose performance is crucial for the QQQ and the broader market's upward movement.
Nvidia is mentioned as a tech stock whose performance is crucial for the QQQ and the broader market's upward movement.
Linked Signals