Source Post

LIVE TUESDAY AUGUST 18th 2026 !! IS THIS THE BEGGINING OF A CORRECTION ?? + NVDA, NFLX, SNDK, SPY

The creator discusses a red day across the market with the S&P 500 closing below its five-day moving average, indicating minor technical damage. The market has been experiencing slow, narrow-ranging trading sessions since the S&P 500 hit all-time highs, which the creator notes are not ideal for day trading. Concerns are also raised about bond yields, with the creator mentioning they highlighted this issue weeks ago when it wasn't widely discussed.

Linked Mentions

Tickers discussed in this post

DLRNeutralMedium ConvictionSignal-backedSecondary

Digital Realty could attract buyers above $197 if it recaptures its 5-day moving average, but rising bond yields pose a competitive threat to its dividend.

WMTNeutralLow ConvictionSignal-backedPrimary

The creator advises staying away from Walmart due to its upcoming earnings report and a significant expected move, highlighting high implied volatility.

NFLXNeutralLow ConvictionResearch Only

Netflix was mentioned as a stock the creator might discuss individually, but no specific thesis was provided.

SUGPNeutralHigh ConvictionSignal-backedPrimary

The 10-year Treasury yield (TNX) is showing a strong uptrend across all moving averages, which could put downward pressure on equities.

MSFTNeutralLow ConvictionResearch Only

Microsoft is mentioned as a software stock that has been inversely correlated with semiconductor stocks.

WDCNeutralLow ConvictionResearch Only

Western Digital is mentioned as a semiconductor stock that has been inversely correlated with software stocks.

SNDKNeutralLow ConvictionResearch Only

SanDisk is mentioned as a semiconductor stock that has been inversely correlated with software stocks.

NVDANeutralLow ConvictionResearch Only

Nvidia is mentioned as a semiconductor stock that has been inversely correlated with software stocks.

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