Saylor's Strategy has no easy way out as bitcoin keeps slumping
https://finance.yahoo.com/markets/article/michael-saylors-strategy-faces-no-easy-way-out-as-bitcoin-prices-continue-to-drop-112328170.html

🔗 Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvest...​

No B.S. Just Charts.

Did Micron earnings save the AI trade? Chief Market Strategist Gareth Soloway says no - the report sent the memory names higher, but the rest of the semiconductors kept falling, and now OpenAI has backed off going public this year. To Gareth, that's a flashing sign liquidity is drying up and a bigger correction is brewing. After this morning's PCE inflation data came in roughly in line, he walks the top trades and levels across stocks, the dollar, metals, oil, and a Bitcoin sitting right at a make-or-break level.

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📊 COVERED IN THIS EPISODE:
🔴 Micron (MU) - Surged on earnings back toward its recent highs (~$1,250) but couldn't hold, rolling over near $1,135; a break of yesterday's low triggers a sell signal. Only memory names rose - Marvell, NVIDIA, and Broadcom all fell
🔴 The Liquidity Story - OpenAI says it's no longer going public this year ("market conditions"); with SpaceX below $150 and Cerebras below its $185 insider price, Gareth sees exit liquidity and a bigger semiconductor correction brewing
🔵 S&P 500 & Nasdaq - Lower lows are confirmed; Gareth is watching for the lower high that completes a top (using Meta and Microsoft as recent examples) - a correction, not a crash
🔴 NVIDIA (NVDA) - Opening below technical support; must recapture $195 or risk a slide to $178, then $165
🔴 Broadcom (AVGO) - A bear flag gapping down; first bounce target $350, then a gap fill toward $290
🔵 US Dollar (DXY) - Pulling back from its potential breakout, giving gold and silver small bounces
🟢 Gold - Into Gareth's $3,900-$4,000 support and bouncing, now coiling in a wedge; a breakdown targets $3,500, a breakout starts a bigger move (he still sees $10K+ by 2030)
🔴 Silver - A small bounce; first major target $54, then $50, with the broken $64 support now resistance
🔵 Tesla (TSLA) - Watching $365 as a day-trade/swing level; a break opens $337
🟢 Palantir (PLTR) - In free fall from $163 to $107; Gareth's a swing-trade buyer into the $94-$97 support
🔵 Alibaba (BABA) - Down to $92 and on the radar; major trendline support at $83-$85
🔵 Oil - Down after the Iran/Strait of Hormuz pop; major support and a gap fill at $67-$69, where Gareth expects an oversold bounce
🔵 Natural Gas - A cup-and-handle / bull flag tightening up; not broken out yet, but increasingly intriguing
🔴 Bitcoin (BTC) - Hammering $58,900 for a third day; a confirmed break cascades toward $50K. MicroStrategy (MSTR) is a leveraged proxy at $82.50, with support near $73

🔑 KEY TAKEAWAY: Micron's earnings didn't save the AI trade - only memory names bounced while the rest of the semis fell, and OpenAI pulling its IPO signals liquidity is drying up. Lower lows are in, and Gareth is watching for the lower high to confirm a market top (a correction, not a crash). Gold's into a buy zone, silver's heading for $54, and Bitcoin sits at a make-or-break level above $50K.

🎓

#MyTradingGamePlan​ #VerifiedInvesting​ #GarethSoloway​ #AIStocks​ #AIBubble​ #StockMarket​ #TechnicalAnalysis​ #Micron​ #OpenAI​ #Nasdaq​ #NVDA​ #Broadcom​ #Gold​ #Silver​ #Bitcoin​ #Palantir​ #Oil​ #StockMarket2026​

https://www.youtube.com/live/uiG615pVGjI?is=7WKwftd3Ym5EI7uw

Semiconductor stocks retreat over worries about memory costs
https://finance.yahoo.com/markets/article/semiconductor-stocks-retreat-over-worries-about-memory-costs-131508185.html

Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation
https://finance.yahoo.com/markets/crypto/articles/morning-minute-kraken-eyes-15-122032618.html

#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks

Live updates

https://finance.yahoo.com/markets/live/stock-market-today-dow-sp-500-nasdaq-waver-as-report-of-openai-ipo-delay-rattles-chip-stocks-231347821.html

#USMarketUpdate
S&P 500 ends lower; chips tumble and Moderna rallies | Reuters

SUMMARY
Chip index tumbles as investors worry about AI spending
Apple rebounds from Thursday selloff
S&P 500 -0.05%, Nasdaq -0.24%, Dow -0.09%

June 26 (Reuters) - The S&P 500 ended marginally lower on Friday, with a steep drop in AI-related chip stocks and sharp gains ​in Moderna and other healthcare stocks.

The PHLX chip index (.SOX), opens new tab tumbled 5.3%, underscoring recent volatility among AI-related chipmakers that have fueled ‌much of Wall Street's gains in recent years. While some investors remain optimistic about the potential for AI to fuel higher profits, others worry that massive spending to build AI data centers may take too long to pay off.

Apple (AAPL.O), opens new tab rallied 3.1% and partly rebounded from a selloff on Thursday, when it raised iPad ​and MacBook prices, blaming soaring memory and storage chip costs.

Moderna (MRNA.O), opens new tab surged almost 13% to its highest level since 2024 after the drug developer hosted ​an investor event and showcased its pipeline.

Eight of the 11 S&P 500 sector indexes declined, led lower by industrials (.SPLRCI), opens new tab, down 3.41%, followed by a 2.45% loss in materials (.SPLRCM), opens new tab...

U.S. inflation rose above 4% in May, data showed on Thursday, as the Iran war drove up energy prices, keeping alive the possibility of a Fed rate hike.

While ​oil prices have retreated sharply as the Middle East tensions eased, Apple's newly announced price hikes suggest inflation remains a concern, said Art Hogan, ​chief market strategist at B. Riley Wealth...

For the week, the S&P 500 fell 2.05% and the Nasdaq lost 4.7%.

The chip index lost 7.9% for the week, its worst week since early April.

A report that OpenAI was considering delaying ​its public debut until next year ​also weighed on risk sentiment ⁠related to AI stocks.

Shares of SpaceX (SPCX.O), opens new tab edged up 0.15%. Passively managed index funds need to buy billions of dollars' worth of the stock ahead of its inclusion in Russell indexes.

Meanwhile, interest rate concerns persisted, with traders ​pricing in one 25 basis-point rate hike and a near 27% chance of another by year-end, according ​to LSEG-compiled data.

A ⁠survey showed U.S. consumer sentiment rebounded from record lows in June, though households remained worried about the high cost of living.

ON Semiconductor (ON.O), opens new tab dropped almost 24% after agreeing to acquire Synaptics (SYNA.O), opens new tab in an all-stock deal valued at about $7 billion. Synaptics dipped 3.7%.

Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX), opens new tab by a 1.8-to-one ⁠ratio.
The S&P ​500 posted 35 new highs and 5 new lows; the Nasdaq recorded 263 new ​highs and 169 new lows.
Volume on U.S. exchanges was relatively heavy, with 30.1 billion shares traded, compared with an average of 23.1 billion shares over the previous 20 sessions.

https://www.reuters.com/business/wall-st-futures-fall-chip-stocks-resume-slide-after-micron-led-rally-2026-06-26/

SpaceX set to join Nasdaq 100, paving way for wave of passive buying
https://www.straitstimes.com/business/spacex-set-to-join-nasdaq-100-paving-way-for-wave-of-passive-buying

While You Were Sleeping: 5 stories you might have missed, June 27, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-27-2026

Things to do in and around Singapore | Time Out Singapore
https://www.timeout.com/singapore/things-to-do

The $4 trillion corporate profit boom
https://finance.yahoo.com/markets/article/corporate-profits-were-already-at-historic-highs-they-shot-even-higher-in-q1-180022338.html

SpaceX Got $90 Billion in Orders for a $25 Billion Bond Sale Less Than 2 Weeks After Its IPO. Is That a Good Sign or a Warning?
https://finance.yahoo.com/markets/stocks/articles/spacex-got-90-billion-orders-205000195.html

📈 A year ago these prices would have sounded absurd.
DBS +52%. SGX +72%. ST Engg +36%. Sheng Siong +69%. AEM +772%.

Singapore stocks just had a year nobody saw coming. The gains followed real profits, not hype.

The catch: these valuations now demand flawless execution.

https://drwealth.com/dbs-at-66-sgx-at-24-five-singapore-stocks-at-prices-youd-have-laughed-at-a-year-ago/

Gold has given up all of its gains in 2026. Why did it soar one year and crash the next? And what's ahead? We explain it here: https://finbiteinsights.substack.com/p/gold-erased-all-gains-in-2026

⛏️ During the 1849 Gold Rush, the real fortunes went to merchants selling picks and shovels, not the miners.

Same story today. While everyone fights to buy Nvidia at record highs, Malaysia is quietly supplying the picks and shovels for the entire AI buildout and Bursa's tech index just had a violent rally because of it.

Fundamentals are real. US$600B+ in AI data centre spend through 2028, much of it through Penang and Kulim.

Read more: https://drwealth.com/5-malaysia-ai-pick-and-shovel-stocks-and-yes-they-actually-rallied/

📊 China's two biggest appliance makers, Haier and Midea, are both yielding 5%+ again. Both grew earnings in 2025. One bets on premium smart homes, the other on industrial tech and AI. Share prices have also pulled back this year, pushing yields up further. Which is the safer income play? [Premium] https://growthdragons.substack.com/p/haier-and-midea-are-yielding-more

You might have thought the AI stocks have ran too much. And then you have Micron reporting record earnings that beat estimates in all measures and by a big margin. Stock rose 16% in a day. On the flip side, Micron's gain is Apple's pain. Memory prices gone up so much that Apple has to raise prices by 25%. Stock fell 6% yesterday. Read more: https://finbiteinsights.substack.com/p/micron-up-16-apple-down-6

The Malaysian ringgit is expected to weaken further against the Singapore dollar in 2026, analysts said.

It was trading at RM3.17 to S$1 on June 26, close to its 6-month low of 3.21 on June 22. https://str.sg/cjs9

🚌 Take note if you’re heading out this weekend. 6 bus services with routes in the city will be diverted on June 27 and July 4 due to road closures for NDP rehearsals. The affected bus stops: https://str.sg/hAYg