🐳 WhalePool Traders Journal
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Bad trading habits make trading like gambling. This channel is for proactive and decerning investors and traders
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Markets are showing a massive "change in character" today. In this morning's Trading Game Plan, Chief Market Strategist Gareth Soloway breaks down the newly released CPI economic data. While inflation is still north of 4% year-over-year, core month-over-month came in cool at 0.2% (vs. 0.3% expected). The markets are breathing a sigh of relief — but the charts are telling a completely different story.

For the first time since the massive rally began in late March 2026, both the S&P 500 and NASDAQ have put in a new lower low. Is this the start of a major macro downtrend? Gareth maps out the exact technical levels you need to watch, plus why oil is completely ignoring the escalating US-Iran conflict in the Strait of Hormuz and how the impending midterm elections are already priced in.

📊 IN THIS EPISODE:
🔵 CPI Breakdown - Core MoM cools to 0.2% vs. 0.3% expected, but YoY inflation holds north of 4%
🔴 S&P 500 & NASDAQ - First new lower low since the late March 2026 rally began: a true "change in character"
🔵 Oil & Geopolitics - Crude shrugs off the escalating US-Iran conflict in the Strait of Hormuz
🔵 Midterm Elections - Why the political risk is already priced into this market
🔵 SpaceX IPO Watch - Key levels and updates ahead of Friday's highly anticipated debut
🔴 Silver - Testing the critical $64 make-or-break line
🟢 Gold - Setting up to tag major support at $4,100
🟢 Bitcoin - Direct chart analysis and the latest key trading levels

Don't trade blind today. Watch now to get Gareth's precise market forecasts and exact support/resistance levels before the closing bell!

TIMESTAMPS (estimated)
0:00​ - Intro: A "Change in Character" in the Markets
1:30​ - CPI Data Breakdown: Cool Core, Hot Year-Over-Year
3:30​ - S&P 500 & NASDAQ: The First Lower Low Since March
6:00​ - Oil Ignores Iran + Midterms Already Priced In
8:00​ - SpaceX IPO: Key Levels Ahead of Friday
9:30​ - Silver's $64 Line & Gold's $4,100 Support
11:30​ - Bitcoin & Today's Biggest Moving Stocks

#Trading#CPI#GarethSoloway#TechnicalAnalysis#Stocks#StockMarket#SP500#NASDAQ#Gold#Silver#Bitcoin#Crypto#Oil#Inflation#DayTrading#SwingTrading#MarketAnalysis#TradingGamePlan#SupportAndResistance#VerifiedInvesting

https://www.youtube.com/live/Gi6wzz0o7Os?si=ga9SxvRwUgW4Peh_
#USMarketUpdate
Stocks slide as techs falter amid surging inflation

US stocks moved sharply lower on Wednesday after consumer inflation soared to its highest level in three years and renewed US-Iran military clashes cast doubt on the odds for peace talks.

The focus Wednesday was on May's CPI report, which showed consumer prices rose at the fastest rate since May 2023. The 4.2% annual rise in CPI inflation was in line with expectations; however, the hot reading may boost bets that the Federal Reserve will hike interest rates this year.

Energy prices remained the biggest driver of inflation, amid the protracted war with Iran.

Tensions between the US and Iran ramped back up, with the two sides trading strikes overnight after the downing of an Apache helicopter.
President Trump said on Wednesday that Iran has "taken too long" to negotiate and would have to "pay the price." Later, he told reporters that the US would “hit” Iran “very hard” today. Oil prices jumped.

The tech sector is taking another bruising as the rotation out of the AI trade continues, as concerns around OpenAI (OPAI.PVT) and Anthropic's (ANTH.PVTmega-IPOs build. Eyes are now on Oracle (ORCL) results due after market close, as the company counts OpenAI as a customer. Details of its cloud business are in focus, amid fluctuations in the AI trade.

The main event of the week lands on Friday, with the expected IPO of Elon Musk's SpaceX (SPCX). Its debut is expected to mark the largest public offering in history.

https://finance.yahoo.com/markets/live/stock-market-today-wednesday-june-10-dow-sp-500-nasdaq-may-cpi-report-215056384.html
#USMarketUpdate
Wall Street indexes fall more than 1%, hit by tech, Iran war worries | Reuters

SUMMARY
May consumer prices data largely in line with estimates
Super Micro Computer drops after plan to raise $7 billion
Trucking shares down after Amazon launches LTL freight offering
Indexes: Dow down 1.9%; S&P 500 down 1.6%; Nasdaq down 2%

June 10 (Reuters) - The major U.S. stock indexes ended more than 1% lower on Wednesday, with chipmaker shares extending recent declines ‌and with renewed tensions between the U.S. and Iran adding to investor uncertainty.

President Donald Trump said the U.S. would attack Iran again if no peace deal is secured. The threat followed one of the most significant exchanges of hostilities in two months in the Middle East war.

An index of semiconductors (.SOX), opens new tab fell 3.6%, with Nvidia (NVDA.O), opens new tab and Broadcom (AVGO.O), opens new tab among the ​biggest drags on the S&P 500. Investors have been worried about stretched valuations in the group.

The S&P 500 technology sector (.SPRLCT), opens new tab ended down ​11% from its June 2 record high close, confirming a correction.

The Cboe Volatility Index (.VIX), opens new tab, Wall Street's fear gauge, added ⁠to recent gains...


Adding to the down move, shares of trucking companies XPO (XPO.N), opens new tab, J.B. Hunt (JBHT.O), opens new tab and Old Dominion (ODFL.O), opens new tab fell after Amazon (AMZN.O), opens new tab announced expansion of its less-than-truckload freight services in the U.S. Industrials (.SPLRCI), opens new tab dropped 3.4%, leading sector decliners...

The Federal Reserve is widely expected ​to hold interest rates steady at its June policy meeting. Investors are pricing in at least one 25-basis-point rate hike by the end of the year.

Friday's U.S. jobs ‌report was ⁠stronger than expected.
On Wednesday, U.S. consumer prices increased 4.2% in the 12 months through May, the largest gain since April 2023, data showed, as the Middle East conflict raised the price of gasoline and other energy products.

The pace of increase was, however, in line with forecasts, as per a Reuters poll of economists.

After the closing bell, Oracle (ORCL.N), opens new tab shares were down about 1% following the release of its results.

During the regular session, Super Micro Computer (SMCI.O), opens new tab tumbled 28% after ​it announced plans to raise $7 billion ​through a series of equity ⁠and equity-linked financing transactions to fund component purchases for its growing AI server demand.

The rotation out of high-flying technology shares has helped other areas of the markets that have lagged this year, including healthcare, real estate and consumer ​staples.

The much-hyped $1.75 trillion listing of SpaceX (SPCX.O), opens new tab on Friday, targeting a record $75 billion raise, could also pressure U.S. stocks ​as concerns mount over ⁠excessive optimism in the tech sector.


https://www.reuters.com/business/media-telecom/wall-st-futures-slip-tech-losses-mount-ahead-key-inflation-data-2026-06-10/

Wall Street indexes fall more than 1%, hit by tech, Iran war worries
https://www.straitstimes.com/business/companies-markets/wall-street-indexes-fall-more-than-1-hit-by-tech-iran-war-worries
#Kelvin

Last week, Broadcom's guidance disappointed Wall Street — and within hours, the AI chip trade triggered a selloff that wiped over $1 trillion from semiconductor stocks alone. Marvell fell 16%, Micron 13%, Nvidia 6%. And the Nasdaq had its worst single day since April 2025.

In this video, I break down what actually caused this, then go through both the bear case and the bull case with the data, so you can decide what to do with your own portfolio.

Timestamps:
00:00​ — Introduction
00:42​ — What caused this
02:50​ — Bear case
04:15​ — IBKR shoutout
04:48​ — Bear case (continued)
07:32​ — Bull thesis

None of this is meant to be construed as investment advice. It's for information purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

#personalfinance#singapore#investing#money#stockmarket#crash#SP500#AIcrash#AIbubble#bearmarket#bullmarket#Nvidia#semiconductor​ #2026​ #marketcrash

https://youtu.be/vp6oiKRVNvE?is=mLDbgEMSLkBJpBa7
🐳 WhalePool Traders Journal
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