Energy vs TechEnergy should begin to outperform tech as we approach more wars, etc. Energy is the best thing to be in during crisis. Also, interest rates are not helping the tech sector.
LongETF market
Long
pallpall testing major support
look for a bottom soon
the h&d already played out, and made its target so now we should start the next leg up
Long
QQQ: Warning 1 of 3 is on. What I do next (backtest since 2000)Warning 1 of 3 just turned on for QQQ.
VIX closed Monday at 21.15, in its top 20% of the past year. QQQ closed at 681.09 (-1.4%), only 0.2% above its 200-day average (about 679.8).
My free Risk-Off Ladder now reads 1 of 3 and is still 100% in. A QQQ close under about 680.1 turns warning 2 on, and at 2 of 3 the ladder steps aside at that close. As I write this on Tuesday, QQQ is trading above that level, but the rules act on the close. Warning 3 (15% below the 1-year high) is far off, at about 64
Chop day, one pay: META TREND at the morning lowA chop day, start to finish. QQQ pinned 684–688 all morning ahead of the midterms tonight and the jobs report Friday — and on a day like this the system's job is not to make money everywhere, it is to take the one clean print and keep everything else small. Today that print was META.
META — the one clean pay
The morning dip flushed to 605.9, and the TREND printed ~09:47 at ~608 — at the low, not after the move. From there it staircased all morning: higher lows, no chase, through 619 by 11:00. +
Long
Income ETFs: Distributions vs. Total ReturnIncome-focused ETFs have become an increasingly important part of portfolio construction.
Many of these funds seek to provide recurring cash distributions through underlying investments, options strategies, or a combination of approaches.
However, one of the most important distinctions investors must understand is that a high distribution rate does not necessarily indicate a high investment return.
Our SPYI chart illustrates why investors should evaluate cash distributions alongside changes i
Education
Opening: SPY December 4th 715/725/788/798 Iron Condor... for a 3.40 credit.
Comments: Remarkably, SPY is paying here with short option strikes at or below the 25 delta strike, so putting one on just to keep theta on and burning.
Metrics:
Max Profit: 3.40 ($340)
Max Loss/Buying Power Effect: 6.60 ($660)
ROC at Max: 51.5%
ROC at 50% Max: 25.8%
ROC at 10% of the Width of the Widest Wing: 15.2%
XLP: record close, now testing its November pivotConsumer staples (XLP) closed Monday at 90.83, its highest daily close on record, above the previous record close of 90.01 from February 27. That close also cleared the November monthly pivot at 89.84. Today it is giving some of it back and trades just under 89.84 at the time of writing, so the close decides. A daily close above 89.84 keeps the monthly, quarterly and yearly biases all pointing up, with the next monthly target at 95.52. A close under it would turn the monthly bias down and make M
Research 03.11.2026🌏 Markets:
AMEX:SPY -1.10 -0.15%(pre/m)
NASDAQ:QQQ +1.92 +0.28%(pre/m)
🆕 Economic News:
Wall St futures mixed on US midterm election day as Apple and Palantir fall after earnings and oil rebounds on US-Iran tensions
10:00 USA – JOLTs Job Openings
10:00 USA – Factory Orders
14:00 USA – Total Vehicle Sales
Earnings before the open: NYSE:SYY , NYSE:DD , NYSE:SU , NYSE:APO
Earnings after the close: NASDAQ:AMD , NASDAQ:AMGN , NYSE:ANET , NASDAQ:BKNG , NYSE:XYZ , NYSE:AI
SPY Has Closed Under 758.68 Twice.Last read: Neither path fired - SPY closed Monday at 752.10, between 750.36 and 758.68, after a rally to 763.86 faded; it was the second straight close under the October 23 low, and Friday's 756.15 target traded again while 749.60 still has not.
SPY Has Closed Under 758.68 Twice.
SPY is at 751.30 before the open, a little under Monday's 752.10 close and resting on Friday's 750.36 low, which it dipped six cents under in premarket. Monday's rally reached 763.86 - above 758.68 and within 0.10 of
TQQQ: Setting Up To Bounce?Sure it is ladies and gentlemen, TQQQ is about to complete its 4hrs and Daily TFs Bearish Cycles in a couple of trading sessions more and a new Bullish cycle will start to go and fill the gap down printed a couple a days ago, so get those Long bets ready to fire.
Play it right.....................Play it safe......................Play it The Numberfive Way.
Boost.......................Follow........................Share..................Comment.
Long
IWM: Partial Inverse Head And Shoulders PatternThe iShares Russell 2000 ETF (IWM) closed its most recent trading session at $279.14, down a marginal 0.07%. This follows a broader multi week technical consolidation where small caps pulled back roughly 5.6% over the past month due to climbing Treasury yields and hawkish Federal Reserve expectations.
Technical outlook:
IWM is fluctuating on a sell momentum. The ETF has been trending on a downward pathway of lower lows and highs, in regard to the structure. Presently, we can spot a formation I
Long
QQQ / POSSIBLE SUBWAVE 2 OF WAVE 3 PLAYING OUT / VIX BOUNCENot financial advice or a recommendation.
QQQ retested the overhead gap this morning.
I am watching to see if this Subwave 2 gets an ABC up, or simply falls at the gap retest.
If so, perhaps we fill the gap at another time.
The VIX bouncing off its previous wedge's upper rail could indicate the end of Subwave 2.
Not guaranteed to run here, but something to watch as I hold my short.
Be careful out there.
Short
Could we have seen this coming?SPY + VIX: Preparing for a Potential Selloff
The conditions marked on this chart could have helped traders prepare for downside, even without knowing the exact timing or size of the move.
• SPY was forming lower highs: Rallies were failing below previous peaks, showing weakening price structure.
• SPY’s bearish 8/21 EMA cross on October 22: This added evidence of weakening short-term momentum.
• VIX was strengthening: Its bullish 8/21 EMA cross on October 14, followed by higher lows, provide
QQQM — HoldQQQM (QQQM) — Hold 45/100
Positive analyst ratings and a draft average target of $330.28 imply 16.16% upside, but weak momentum and incomplete financial data limit conviction. At the 2026-11-01 close of $284.34, price remains below its shorter-term moving averages while holding above the SMA200: support is intact, but a recovery is unconfirmed.
WHY
- TipRanks StrongBuy and Zacks Rank 1 support the bullish case, but the Zacks scale is unexplained and the source targets do not establish a consis
SOXL ▼ SHORT · Fade the bounce 81.5 / 84 → 76▸ WHY: semis got flushed Friday - SOXL -25%, INTC had its worst day in 40+ years, big tech dragged everything. this morning's pop is a bounce with no news behind it. I'd rather sell it than buy it
▸ LEVELS: 84 Friday high · 77.05 Friday close · 70.2 Friday low
▸ PLAN A: starting short around 81.5 premarket, adding 84 if it squeezes into Friday's high
▸ PLAN B: if it rolls over under VWAP after the open, 77 comes first
🎯 TARGET 76 ✕ STOP 87
⚠ RISKS: ISM at 10:00. 3x ETF - moves fast both way
Short
$MID & $IWM: Rotation Breadth Quietly Building. TINA, That You?While mega cap tech continues to struggle under heavy distribution, small and mid caps are telling a very different story on the daily chart. TINA, that you?
The S&P MidCap 400 index:
SP:MID on the left has carved out a solid base over the past several weeks. Notice the volume signature during this consolidation: sell volume drying up, and price is comfortably holding above local structural support while short term moving averages begin to flatten and curl. When price stops going down on decl
$SOXX: Don't Let The 4 PM Spike Fool YouBroader Downtrend Picture
Semis remain locked inside a clear, broad macro downtrend. Extending the descending trendlines out from the summer highs shows the structural reality: textbook lower highs and lower lows across the board.
Heavy Distribution
June and July marked heavy distribution. While the tape has seen some light spot buying recently, sustained sell volume continues to control the tape. Over the past two weeks, the most aggressive, wide range volume bars have landed strictly on the
SPY - short the bounce at openDay trade, may be choppy but my guess is we hit 745 today or tomorrow.
Short
Research 02.11.2026🌏 Markets:
AMEX:SPY +2.78 +0.37%(pre/m)
NASDAQ:QQQ +4.50 +0.65%(pre/m)
🆕 Economic News:
Wall St futures rise as oil slumps on signs Trump may give Iran diplomacy more time and tech rebounds after October's AI-led selloff; Marvell agrees to buy Lumentum
10:00 USA – ISM Manufacturing PMI
10:00 USA – Construction Spending
11:15 USA – Fed Goolsbee Speech
15:00 USA – Treasury Refunding Financing Estimates
Earnings before the open: NYSE:PEG , NYSE:CNA
Earnings after the close:
The Catch-22 and Where We Are HeadingLast week was a wild week in the market. Several big companies reported and in between them GOOG, AMZN, and INTC managed scaring the market. On the previous market dip, there was an outflow from QQQ but that it should have been seen as an opportunity to load up. Purely from a technical analysis perspective, it can be concluded that we experienced a correction dip by the end of July. It proved to be the right call to suggest to invest. For those who bought the dip, the bounce was for more th
QQQ ▼ SHORT · Lost 700 · 697 / 700 / 703 → 690 / 685 / 680▸ WHY: AMZN missed and is burning cash on capex, INTC guided Q4 way under the street and says the PC slump runs into 2027. chips got dumped in Asia overnight and QQQ is gapping -2.4% under 700. on the daily 700 held 4 times since July - now it's gone, and that floor should act as a ceiling
▸ LEVELS: 715.34 yesterday's close · 700 heavy puts / daily floor (lost) · 686.76 Jul 17 low · 661.14 Jul 29 low
▸ PLAN: I'm scaling in, not going all in at once
- tier 1: short here, ~697 premarket
- tier 2
Short
QQQ Lost 700. Week Ahead: 680 or Reclaim?What happened
Big tech earnings week and the market didn't like it. QQQ lost 700 on Friday, flushed to 683.45 and closed 690.79. SPY held 750 and closed 755.82. Semis got hit hardest after Intel cut its guide. Oil added about 15% in October on Iran war fears - WTI is back near $100 this morning as talks with Qatar's mediators continue. Bounces into resistance got sold all week, breakouts kept failing.
Levels that matter
QQQ: 700-704 was support, now it's resistance. Below - 680-683, the late Ju
Macy's Inc. (M) Tradespoon – Long Setup $24.25Tradespoon model shows a long bias for NYSE:M . Predicted range: $23.67–$24.96. Trend: +0.13% (modest near-term upside supported by improving retail fundamentals and turnaround momentum). NYSE:M
Long
XEG: The Next Buying Opportunity Could Be LowerXEG has had an impressive run, but buying right below resistance might not be the best move.
The Canadian energy ETF is now trading around $31.52, just below a key resistance level at $31.59.
After such a strong rally, I wouldn't be surprised to see a pullback before the next move higher.
Here's what I'm watching.
🔵 Scenario 1: A Pullback to $27.42
If XEG starts losing momentum around $31.59, the first area I'm watching is $27.42.
This level has played an important role in previous pric
Long