First Fellow

First Fellow

$Chevron(CVX.US) underway! $Exxon Mobil(XOM.US) underway! $Occidental Petroleum(OXY.US) underway!

$SPDR Energy Select(XLE.US) names are sending the traders a message. Pay attention!

$Microsoft(MSFT.US) looks like good swing after a really long time. We got clearance from all the KMAs which has been blocking it for months now. A weekly close above 413(SL) this week is all it needs to have a good upside momentum to our next PT at 460 with a minor resistance at 440.

I didn't know there is an ETF called $Corgi Lithography & Smcndctr Phtncs ETF(EUV.US) for Photonics. They thought they can pull a $Roundhill Memory ETF(DRAM.US) after building one at historically high valuations! A bit late in the game?

Some of the holdings: $Coherent Corp.(COHR.US) $Corning(GLW.US) $Lumentum(LITE.US) $Ciena(CIEN.US) $Taiwan Semiconductor(TSM.US) $Lam Research(LRCX.US)

$Powell Industries(POWL.US) dropped a sizeable % today. For anyone in this trade, the pink line at 262 has to hold. If it closes below 260-259, there is a high probability this is heading to 50ma at 235.

Today is one of those days when picks fell and shovels also fell but the actual rocky ground made of $NVIDIA(NVDA.US) $AMD(AMD.US) $Broadcom(AVGO.US) held relatively ok.

Decent pull back in some fancy names like $Powell Industries(POWL.US) $Bloom Energy(BE.US) $Sterling Infrastructure(STRL.US) $Comfort Systems USA(FIX.US) $Celestica(CLS.US) $Dell Tech(DELL.US) $Nebius(NBIS.US) $Applied Optoelectronics(AAOI.US) $Corning(GLW.US)

• $NVIDIA(NVDA.US) earnings are important but consumer companies may dominate market attention this week.

• Retailers like $Walmart(WMT.US) and $Target(TGT.US) will report earnings, indicating consumer spending trends amid rising inflation.

• Higher gas prices could impact consumer spending, with gas currently around $4.51 per gallon. $SPDR Energy Select(XLE.US) $Exxon Mobil(XOM.US)

• NextEra Energy is in talks to merge with Dominion Energy to capitalize on the data center energy boom. $Nextera Energy(NEE.US) $Dominion Energy(D.US)

• Berkshire Hathaway significantly increased its stake in Alphabet and initiated a new investment in Delta Air Lines. $BRK.B $Alphabet(GOOGL.US) $Dominion Energy(D.US)AL

• SpaceX has split its stock ahead of a potential IPO, which could value the company at $2 trillion.

$Roundhill Memory ETF(DRAM.US) beat all the $iShares Bitcoin Trust ETF(IBIT.US)'s "First ever" records for an ETF. As long as the supply constraints are there, this is good. Once it starts catching up, this can reverse with the same speed.

$Micron Tech(MU.US) $Sandisk(SNDK.US) $Western Digital(WDC.US) $Seagate Tech(STX.US)

With Jerome Powell stepping down, an unforgettable eight year era for the macro markets comes to a close. Looking back at his tenure, two specific things stand out to me.

First was the absolute decisiveness of the 2020 response. He injected historic liquidity into the system and single handedly stopped the global financial system from a total collapse.

Second was his plain spoken communication style. He completely removed the confusing central bank terminology and chose to speak directly to us and the markets in plain English, keeping everyone aligned during the toughest macro environments. I liked his communication style throughout.

An incredible chapter in market history. Best wishes to Kevin Warsh, definitely not an easy job and a mountain to climb but I think he will do a great job.

Never mix up a swing trade with a position trade. If you buy a stock for a short term technical move, you cut it when the setup breaks. Define your time horizon before you click buy and stick to the original plan.

#Investing #SwingTrading

Take care of yourself.

Your mental health, your family, and your physical well being are more important. You cannot build long term success if you are burning down your personal life. Take this weekends to completely unplug and protect your peace of mind.

#MentalHealth

• $Uber Tech(UBER.US) and $Doordash(DASH.US) are declining despite strong demand for their services.

• $Alphabet(GOOGL.US)'s YouTube revenue may exceed Wall Street expectations, contributing to a 27% stock increase in 2026.

• $DexCom(DXCM.US) rose after promising at least 10% annual growth through 2030.

• $CRBS stock fell sharply after a successful IPO amid a broader market sell-off.

• Taiwan Semiconductor is currently in a strong uptrend. $Taiwan Semiconductor(TSM.US)

It is one thing to have a good week or a lucky month but it is another to stay consistent for years straight.

I am incredibly grateful for the energy in the community. We are building something truly sustainable here and I believe we will all do good as long as we follow the process and stay disciplined.

#stockmarkets #investing #financialwisdom

$Coca Cola(KO.US) is forming a weekly base. I wonder why Coca-Cola out of all the names with this look. Do they drink Coke at Data centers? If $Caterpillar(CAT.US) is a DC play, then $Coca Cola(KO.US) and $Starbucks(SBUX.US) should be as well.

PT1: 90

• $Cisco(CSCO.US) experienced significant gains.

• $NVIDIA(NVDA.US) rose on news of Chinese firms seeking AI chips.

• GE Vernova reached a new buy point after strong earnings.

• The Senate Banking Committee approved the Clarity Act, boosting crypto stocks. $Coinbase(COIN.US) $Circle(CRCL.US)

• AT&T, Verizon, and T-Mobile formed a joint venture for satellite technology. $AT & T(T.US) $Verizon(VZ.US) $AT & T(T.US)MUS

• Cerebras had a successful IPO, debuting on Nasdaq. $CRBS

• Intuitive Machines saw a sales boom despite missing Q1 expectations. $Intuitive Machines(LUNR.US)

$AMD(AMD.US) Category: A+

Just when you think semis need a breather, AMD is setting for the next leg up. There is so much momentum and liquidity in some of these names. I can't put full capital, but ok to nibble here and there for a swing.

Next PT: 470

$Celestica(CLS.US) is a 'laggard' considering how all these data center companies are d(g) oing. I think this needs to get back on the horse(above 9/21ema) asap. Otherwise it might miss all the current momentum for it to go above 500. Celestica is still cheap.

I just put some basic filters in the @finviz_com scanner to see what other stocks has the $Micron Tech(MU.US) kind of growth and still trading at a cheaper fundamentals.

4 out of 7 are $SPDR Gold Shares(GLD.US) miners, $Harmony Gold Mining(HMY.US) stands out for me, and one poor airlines name $Southwest Airlines(LUV.US).

Do you know what Cerebras does?

Standard companies like $NVIDIA(NVDA.US) or $AMD(AMD.US) take a large wafer of silicon and cut it into hundreds of tiny separate chips. To build a powerful AI server they have to wire all those small chips back together. This creates a bottleneck because data has to slow down every time it travels across a wire from one chip to another.

Cerebras $Cerebras(CBRS.US) does something entirely different. They do not cut the silicon. They build one giant chip the size of a dinner plate. It is the largest single computer chip in the world. Because the data never has to leave the silicon to travel over wires it moves instantly. This architecture removes the physical traffic jams that limit the speed of traditional AI hardware.

The technology is a generational breakthrough but the IPO is a different story. These offerings are typically priced to benefit the founders and early VC's rather than the retail like us. By the time you can buy shares on an exchange the price will likely reflect years of future growth already priced in.

Buying a hyped IPO at a massive premium is often a recipe for a long period of stagnation or loss. It is usually wiser to wait for the initial excitement to fade and for the lockup period to end before you consider a position. Let the technology prove itself in the market before you pay a premium for the potential.

$Vertiv(VRT.US) is insane. This is a company that generates more annual revenue than $Powell Industries(POWL.US), $Fluence Energy(FLNC.US) & $Modine Manufacturing(MOD.US) combined.

Do you know why market loves it?

1/ A massive, multi billion dollar backlog.

2/ The Moat. You literally cannot run AI server racks without their liquid cooling and power infra.

Identify the companies that has similar moat. Like $Micron Tech(MU.US), Like $GE Vernova(GEV.US), Like the father of AI nation, $NVIDIA(NVDA.US).

$Revolution Medicines(RVMD.US) Category: A+

This dude came up in the scans. Technically looks exceptional. It is a pharma name and so there might be news associated with them now and then. With that said, this looks top notch.

PT: 180

$NAMO & $NYMO -30 are slowly heading into oversold conditions. A couple of red sessions will make it completely go into oversold while $SPDR S&P 500(SPY.US) is still fooling around ATH's. In other words, extremely bullish signals. $Invesco S&P 500 Eq Wgt ETF(RSP.US) tells me breadth(Non-AI) is yet to catch up.

$Etoro(ETOR.US) 45 is the first PT and then we will see. This one is nicely going with the market. I dont think there is a good R/R now as the main trade is done.

$Red Cat(RCAT.US) with a cute little candle at IPO Avwap. It's a Category: D setup so should be traded like one with far less capital. There is better fish to fry.

$Shopify (SHOP.US) is such a beautiful short idea. This one is slowly and steadily heading to Covid lows Avwap at 80-78. Yet another beautiful Saas company that's getting killed due to silly market.

$Navan(NAVN.US) Category: A

I don't know what they do but seems like they are expense management company like Concur. Since the PEG candle its been on a steady uptrend and now consolidating at 9ema. P/S is still under 10 for a growth name.

PT's: 22 & 25

Idea courtesy: @ruuddevils