๐ Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvest...โ
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.
๐ SPONSOR โ RUMBLE WALLET (~13:00โ)
Take Control of Your Money Easily with Rumble Wallet. Download now at http://wallet.rumble.c...โ.
๐ COVERED IN THIS EPISODE:
๐ด 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
๐ด 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
๐ต 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
๐ด NVIDIA (NVDA) - Opening below technical support; must recapture $195 or risk a slide to $178, then $165
๐ด Broadcom (AVGO) - A bear flag gapping down; first bounce target $350, then a gap fill toward $290
๐ต US Dollar (DXY) - Pulling back from its potential breakout, giving gold and silver small bounces
๐ข 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)
๐ด Silver - A small bounce; first major target $54, then $50, with the broken $64 support now resistance
๐ต Tesla (TSLA) - Watching $365 as a day-trade/swing level; a break opens $337
๐ข Palantir (PLTR) - In free fall from $163 to $107; Gareth's a swing-trade buyer into the $94-$97 support
๐ต Alibaba (BABA) - Down to $92 and on the radar; major trendline support at $83-$85
๐ต Oil - Down after the Iran/Strait of Hormuz pop; major support and a gap fill at $67-$69, where Gareth expects an oversold bounce
๐ต Natural Gas - A cup-and-handle / bull flag tightening up; not broken out yet, but increasingly intriguing
๐ด 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
๐ 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.
๐
#MyTradingGamePlanโ #VerifiedInvestingโ #GarethSolowayโ #AIStocksโ #AIBubbleโ #StockMarketโ #TechnicalAnalysisโ #Micronโ #OpenAIโ #Nasdaqโ #NVDAโ #Broadcomโ #Goldโ #Silverโ #Bitcoinโ #Palantirโ #Oilโ #StockMarket2026โ
https://www.youtube.com/live/uiG615pVGjI?is=7WKwftd3Ym5EI7uw
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.
๐ SPONSOR โ RUMBLE WALLET (~13:00โ)
Take Control of Your Money Easily with Rumble Wallet. Download now at http://wallet.rumble.c...โ.
๐ COVERED IN THIS EPISODE:
๐ด 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
๐ด 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
๐ต 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
๐ด NVIDIA (NVDA) - Opening below technical support; must recapture $195 or risk a slide to $178, then $165
๐ด Broadcom (AVGO) - A bear flag gapping down; first bounce target $350, then a gap fill toward $290
๐ต US Dollar (DXY) - Pulling back from its potential breakout, giving gold and silver small bounces
๐ข 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)
๐ด Silver - A small bounce; first major target $54, then $50, with the broken $64 support now resistance
๐ต Tesla (TSLA) - Watching $365 as a day-trade/swing level; a break opens $337
๐ข Palantir (PLTR) - In free fall from $163 to $107; Gareth's a swing-trade buyer into the $94-$97 support
๐ต Alibaba (BABA) - Down to $92 and on the radar; major trendline support at $83-$85
๐ต Oil - Down after the Iran/Strait of Hormuz pop; major support and a gap fill at $67-$69, where Gareth expects an oversold bounce
๐ต Natural Gas - A cup-and-handle / bull flag tightening up; not broken out yet, but increasingly intriguing
๐ด 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
๐ 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.
๐
#MyTradingGamePlanโ #VerifiedInvestingโ #GarethSolowayโ #AIStocksโ #AIBubbleโ #StockMarketโ #TechnicalAnalysisโ #Micronโ #OpenAIโ #Nasdaqโ #NVDAโ #Broadcomโ #Goldโ #Silverโ #Bitcoinโ #Palantirโ #Oilโ #StockMarket2026โ
https://www.youtube.com/live/uiG615pVGjI?is=7WKwftd3Ym5EI7uw
YouTube
OpenAI Backs Off, AI Stocks Drop, Bitcoin Panic, Gold Buy? Top Trades And Levels
๐ Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvesting.com/products/apex-live-day-trading-room
No B.S. Just Charts.
Did Micron earnings save the AI trade? Chief Market Strategist Gareth Soloway says no -โฆ
No B.S. Just Charts.
Did Micron earnings save the AI trade? Chief Market Strategist Gareth Soloway says no -โฆ
Semiconductor stocks retreat over worries about memory costs
https://finance.yahoo.com/markets/article/semiconductor-stocks-retreat-over-worries-about-memory-costs-131508185.html
https://finance.yahoo.com/markets/article/semiconductor-stocks-retreat-over-worries-about-memory-costs-131508185.html
Yahoo Finance
Semiconductor stocks retreat over worries about memory costs
The semiconductor sector declined on Friday as high memory and storage costs weighed on stocks.
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
https://finance.yahoo.com/markets/crypto/articles/morning-minute-kraken-eyes-15-122032618.html
Yahoo Finance
Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation
Bitcoin sinks to a fresh 2026 low as the selloff drags on. Kraken makes a major move into DeFi. And BlackBerry is staging a comeback.
#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
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
Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq slide as report of OpenAI IPO delay rattles techs
Wall Street digested a downbeat week for tech stocks.
#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 โin 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 โmuch 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 โand 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 โan 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 โoil prices have retreated sharply as the Middle East tensions eased, Apple's newly announced price hikes suggest inflation remains a concern, said Art Hogan, โchief 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 โits public debut until next year โalso weighed on risk sentiment โ 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 โpricing in one 25 basis-point rate hike and a near 27% chance of another by year-end, according โto LSEG-compiled data.
A โ 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 โ ratio.
The S&P โ500 posted 35 new highs and 5 new lows; the Nasdaq recorded 263 new โhighs 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/
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 โin 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 โmuch 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 โand 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 โan 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 โoil prices have retreated sharply as the Middle East tensions eased, Apple's newly announced price hikes suggest inflation remains a concern, said Art Hogan, โchief 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 โits public debut until next year โalso weighed on risk sentiment โ 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 โpricing in one 25 basis-point rate hike and a near 27% chance of another by year-end, according โto LSEG-compiled data.
A โ 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 โ ratio.
The S&P โ500 posted 35 new highs and 5 new lows; the Nasdaq recorded 263 new โhighs 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
https://www.straitstimes.com/business/spacex-set-to-join-nasdaq-100-paving-way-for-wave-of-passive-buying
The Straits Times
SpaceX set to join Nasdaq 100, paving way for wave of passive buying
SpaceX has swung between sharp losses and small profits over the past three years. Read more at straitstimes.com. Read more at straitstimes.com.
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
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-27-2026
The Straits Times
While You Were Sleeping: 5 stories you might have missed, June 27, 2026
While You Were Sleeping: 5 stories you might have missed, June 27, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
Things to do in and around Singapore | Time Out Singapore
https://www.timeout.com/singapore/things-to-do
https://www.timeout.com/singapore/things-to-do
Time Out Singapore
Things to do in and around Singapore | Time Out Singapore
The best things to do in Singapore, including events, festivals, attractions, tours, free activities, and entertainment
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
https://finance.yahoo.com/markets/article/corporate-profits-were-already-at-historic-highs-they-shot-even-higher-in-q1-180022338.html
Yahoo Finance
Corporate profits were already at historic highs. They shot even higher in Q1.
US business profits are booming no matter how you measure it, with strength in US corporate balance sheets hovering above historic norms for more than a decade.
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
https://finance.yahoo.com/markets/stocks/articles/spacex-got-90-billion-orders-205000195.html
Yahoo Finance
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?
SpaceX has plenty of fans ready to fund its dreams.
๐ 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/
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/
Dr Wealth
DBS at $66. SGX at $24. Five Singapore Stocks at Prices Youโd Have Laughed At a Year Ago. | Dr Wealth
If you had told a Singapore investor a year ago that DBS would touch $66 or that AEM would blast past $10, they would have told you to stop daydreaming. The Singapore Exchange is historically stereotyped as a slow and steady dividend graveyard, where manyโฆ
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
Substack
Gold Erased All Gains in 2026
After a meteoric rise in 2025, when it seemed gold could do no wrong, the metal started sliding in 2026.
โ๏ธ 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/
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/
Dr Wealth
5 Malaysia AI Pick-and-Shovel Stocks. And Yes, They Actually Rallied | Dr Wealth
During the 1849 California Gold Rush, the people who made the most reliable fortunes weren't the miners panning for gold; they were the merchants selling the picks, shovels, and denim jeans. Today, we are living through the greatest technological gold rushโฆ
๐ 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
Substack
Haier and Midea Are Yielding More Than 5% Again. What Gives?
Chinaโs home appliance industry has entered a new era.
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
Substack
Micron Up 16%. Apple Down 6%.
Just when you thought AI stocks had run too far to chase, Micron reminds everyone why momentum traders exist.
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
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
๐ Take note if youโre 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
OpenAI defers public roll-out of GPTโ5.6 as US seeks early access to frontier AI models
https://www.straitstimes.com/business/openai-defers-public-roll-out-of-gpt-5-6-as-us-seeks-early-access-to-frontier-ai-models
https://www.straitstimes.com/business/openai-defers-public-roll-out-of-gpt-5-6-as-us-seeks-early-access-to-frontier-ai-models
The Straits Times
OpenAI defers public roll-out of GPTโ5.6 as US seeks early access to frontier AI models
OpenAI had presented its plans and the modelsโ capabilities to the US government prior to the launch. Read more at straitstimes.com. Read more at straitstimes.com.
Regional trade bloc CPTPP welcomes reopening of Strait of Hormuz, steps up expansion efforts
https://www.straitstimes.com/business/cptpp-welcomes-reopening-of-strait-of-hormuz-advances-expansion-agenda
https://www.straitstimes.com/business/cptpp-welcomes-reopening-of-strait-of-hormuz-advances-expansion-agenda
The Straits Times
Regional trade bloc CPTPP welcomes reopening of Strait of Hormuz, steps up expansion efforts
They also reaffirmed their commitment to promoting โfree and open markets and rules-based tradeโ. Read more at straitstimes.com. Read more at straitstimes.com.