In this video, I’m watching the potential for a bigger market correction, but I do think the timing may still be a little early. I break down why rising 10-year yields, July expiration, and the VIX squeeze are important signals to monitor over the next couple of weeks as the market decides whether volatility is ready to expand.
In this video, I break down why I’m watching TSM again after its pullback into key support near the 30 SMA and Voodoo Line levels. I’m looking for a potential bounce toward $450 first, with the possibility of a larger move toward $480 if support continues to hold into earnings. I also walk through a few defined-risk ways to approach the setup, including debit spreads and a broken wing butterfly, while keeping $417 as my line in the sand for protecting capital.
In this video, I break down a potential Cisco trade setup as CSCO pulls back into the 50 SMA and starts to shift higher from a daily squeeze. I also walk through why the earnings hot zone could create opportunity, what confirmation I want to see before entering, and why I would be looking at August calls for this setup.
In this video, I breakdown the recent weakness in semiconductors, including how new AI compute headlines from Meta and Nvidia may be changing the way traders view chip demand. While the long-term AI story may still be intact, many semiconductor and memory chip names have gone nearly vertical, and the risk-to-reward on the long side may not be as attractive as it was earlier in the move.
