🐳 WhalePool Traders Journal
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Are markets on the verge of an epic collapse? In this Weekly Wrap-Up, Chief Market Strategist Gareth #Soloway recaps a brutal week for tech - semis got annihilated, some down 30-50% - and explains why he flipped from short to buying the bounces, even as he thinks the cycle top is in. Plus the S&P trendline, Apple as a short, and the top setups into next week.

📊 COVERED IN THIS EPISODE:
🔵 S&P 500 - Down ~1%; failed to reclaim the morning high (path of least resistance is down). Testing a bull-market trendline a possible third time - each hit raises the odds of a failed breakout
🔵 Nasdaq 100 - The week's laggard, heavily weighted to the collapsing semis vs. the diversified S&P
🔴 SanDisk (SNDK) - Down $1,000+ from highs 3 weeks ago; NOT yet in the buy zone - watch $1,285-$1,200 (the 0.618 fib) for a bounce
🔴 Micron (MU) - Roughly flat; tagged the upper support zone. The ideal spot is a flush to the ~$750 gap fill (~40% drawdown) - bounce odds jump to ~80%
🟢 Marvell (MRVL) - Into massive support; closed slightly green ~$188
🟢 Rigetti (RGTI) - Down ~50% into a gap fill and near double-bottom; a bounce expected next week
🟢 IonQ (IONQ) - Into a pivot line; Gareth is in it (starting small, averaging down)
🔴 SpaceX - Cratered to ~$123 (below insider pricing). More downside likely toward $100, where Gareth steps up, with big bounces along the way
🔴 Apple (AAPL) - A small gain but into massive trendline resistance after gaining $1T+ in ~3 weeks (nearing $5T). Gareth's favorite short - the semi-exodus flow should revert
🔵 NVIDIA (NVDA) - Holding ~$5T; key level ~$192-$193 - lose it and ~$165 is in play
🔵 Gold & Silver - Small gains; gold holding its trendline, silver bounced after kissing $54 support
🟢 Crude Oil - Higher into the weekend (Iran risk premium); a pullback likely Sun/Mon if nothing escalates, or a run to the $87 short level if it does
🔵 Natural Gas - A tiny gain, still holding its trendline; needs to push toward $3.00-$3.10
🟢 Bitcoin (BTC) - Dipped below key support then recovered to slightly green ~$64K - the best performer of the last two weeks, a possible recipient of semi outflows

🔑 KEY TAKEAWAY: The semiconductor bubble burst, and Gareth is buying the bounces (SanDisk $1,285-$1,200, Micron's $750 gap fill, Marvell, Rigetti, IonQ) while insisting the cycle top is in and lower prices lie ahead. His pair-trade: long the beaten-down semis, short Apple into resistance. The S&P trendline and NVIDIA's $192-$193 are the levels into next week.

TIMESTAMPS (estimated)
0:00​ - Intro: A Brutal Week for Tech
1:30​ - S&P 500: The Trendline & Breakdown Odds
5:00​ - SanDisk, Seagate & Micron: The Buy Zones
11:00​ - Marvell, Rigetti & IonQ: The Bounce Setups
14:00​ - SpaceX: Below Insider Pricing
16:00​ - Apple: The Favorite Short Into $5T
18:00​ - NVIDIA: The $192-$193 Line
19:30​ - Gold, Silver, Oil & Natural Gas
22:00​ - Bitcoin: The Two-Week Outperformer
23:30​ - Sponsor: Rumble Wallet
24:30​ - Wrap-Up

https://www.youtube.com/live/WV3GcODmg3M?is=VszHIeSkE6O6ZYUo
🐳 WhalePool Traders Journal
US.Day.Ahead-2026.07.17-Fri.pdf
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#WeekAhead by Reuters, Investopedia & Yahoo Finance
#Chart of the Day by Yahoo Finance
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics
#WeekAhead
Wall St Week Ahead Alphabet, Intel results in focus for AI trade as US earnings rev up | Reuters

SUMMARY
Alphabet spending plans in focus in Wednesday resultsIntel, Texas Instruments to report, with semis trade in spotlightTesla, American Express, RTX among other reports due

NEW YORK, July 17 (Reuters) - U.S. corporate earnings season gathers steam in the coming week as Alphabet (GOOGL.O), opens new tab and Intel (INTC.O), opens new tab are set to offer updates ​that could sway the market-leading AI trade amid high profit expectations and uncertainty over the Iran war.

The S&P 500 (.SPX), opens new tab skidded on Friday to post a ‌weekly decline, dragged down by a steep pullback in high-flying semiconductor shares. Still, the benchmark S&P 500 remained up about 9% in 2026, and stood 2% below its early June record high.

https://www.reuters.com/business/wall-st-week-ahead-alphabet-intel-results-focus-ai-trade-us-earnings-rev-up-2026-07-17/
July 24th: The Day China Reveals Gold’s Real Price", and it was created by The #JayMartin
#jaymartinbc

China is shutting down paper gold. On July 24, 2026, some of the largest banks on Earth — ICBC, the Postal Savings Bank, Ping An — stop letting their everyday customers trade it, all in the same narrow window, and Jay argues this isn't about protecting investors from volatility. It's the moment China starts finding out what gold is actually worth. In this episode, Jay traces the setup back to a room inside the Bank of England where, in March 1968, the floor physically gave way under the weight of the gold stacked on top of it — the same week a defended paper price collapsed into two prices and a whole new monetary system. This is a look at what happens when the paper price of gold breaks away from the real metal, why central banks are quietly trading their U.S. Treasuries for bullion at a record pace, and how China built the machine to force the question on purpose.


00:00​ — The Banks Shutting Down Paper Gold
00:55​ — The Official Story, and Why Jay Doesn't Buy It
01:29​ — 1968: The Floor Gave Way at the Bank of England
02:23​ — The $35 Promise
04:01​ — The London Gold Pool
04:52​ — The Run on Gold: 5 Tonnes to 1,000
05:16​ — The Bank Holiday and Two Prices
06:23​ — What Paper Gold Actually Is
07:31​ — Ten Claims Per Ounce
08:49​ — Test #1: Watch for Two Prices
09:40​ — Test #2: Watch the Smart Money
11:08​ — Your Grocery Bill, 1976 vs Today
14:37​ — China's Three-Part Replacement
16:50​ — "Priced in the West": They Told Us in 2014
17:13​ — What Happens on July 24
18:04​ — The Two Things to Watch

https://youtu.be/hHNDgjan15c?is=L9iG55ksPEQu0u1X
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#Bloomberg
At the 2026 World Artificial Intelligence Conference China's Moonshot AI unveiled its Kimi K3 model, intensifying concerns that Chinese developers are rapidly narrowing the AI gap with US rivals while offering lower cost. Bloomberg News China Correspondent Minmin Low and Bloomberg News Technology and Strategic Industries Senior Editor Mike Shepard join Bloomberg This Weekend and discuss how more open models are forcing investors to reassess massive spending on AI infrastructure

https://youtu.be/8v5T7Gk0_b8?is=Ku7SPLelAKn5-Zl2