🐳 WhalePool Traders Journal

SpaceX stock got cut in half after joining an industry sell-off already underway: #Chart of the Day

https://finance.yahoo.com/markets/article/spacex-stock-got-cut-in-half-after-joining-an-industry-sell-off-already-underway-chart-of-the-day-100000924.html

Yahoo Finance

SpaceX stock got cut in half after joining an industry sell-off already underway: Chart of the Day

SpaceX shares initially surged in their public debut last month, but the broader trade had already rolled over.

146 viewsedited 12:42

🐳 WhalePool Traders Journal

#USMarketUpdate
S&P 500 turns red late into Friday’s session on Iran angst, mounting chip stock losses: Live updates

https://www.cnbc.com/2026/07/23/stock-market-today-live-updates.html?__source=androidappshare

CNBC

Stock futures are little changed as traders look to recover from oil-driven sell-off: Live updates

The three major averages are heading for weekly losses, led by the tech-heavy Nasdaq Composite.

248 viewsedited 13:26

🐳 WhalePool Traders Journal

#Soloway

Oil tagged the 50% Fibonacci retrace to the penny and is pulling back — and Gareth's short, averaged near $90, is in the money. But the bigger story is the S&P's make-or-break trend line off the 2021 bull-market high. Sell off today and early next week and price hits that line for the third time in six weeks, and the more a level gets tested, the weaker it gets. Add a sentiment shift — Intel reports a stellar quarter and barely moves because CapEx worries now trump good numbers — and the tape is fragile heading into the World Cup of earnings next week.

📐 TODAY'S GAME PLAN

🔴 US OIL — Down about 2.7% after tagging the 50% retrace exactly at yesterday's high, right into a trend line off the March $120 peak. Gareth stays short (avg ~$90), targeting a pullback toward $80 within a week or two.
🔵 SPY / QQQ — S&P testing the 2021 trend line for a possible third time in six weeks. Holds as a bull flag, but a break below turns it into a failed breakout; a robust rally through ~$7,550 opens the next leg up. Nasdaq under a touch more pressure.
🔵 10-YR YIELD / DXY / USD-JPY — Yields ease as oil pulls back, but the $40T deficit keeps a floor under rates. Dollar inching toward resistance near 101.70; dollar-yen still climbing — the intervention risk that cracked the Nasdaq 15% in 2024.
🔵 INTC — Amazing earnings, but the "spending more" guidance caps it at roughly +2%. Too flat to trade unless it spikes or drops to the $89 pivot.
🔵 AXP — American Express gaps down on earnings; Gareth eyes a day-trade level near the $3-handle pivot after the first gap-fill support already tagged. Notes the shift toward fee-on-debt profits as a warning sign.
🔵 ORCL — Only slightly higher on a small $7B government contract — but Gareth connects the tea leaves to Intel's playbook and the Ellison-Trump relationship as a potential setup.
🔴 MU — Micron rolling back in after holding up yesterday.
🔵 GOLD — Flat after a big drawdown off the high pivot; the wedge tightens like a pressure cooker. Gareth waits for the break, nibbling long only near $3,500–$3,600.
🔵 SILVER — Range-bound; resistance $63–$64, support $54, with both trend lines converging near $63–$64 in about two weeks.
🟢 NATGAS — Catching a bid and holding support. Gareth is longer-term bullish on data-center demand, near-term just slightly so.
🔵 BITCOIN — Third down day after testing the key pivot. Fail here and $58K comes into view.

🔑 KEY TAKEAWAY: The more a level is tested, the weaker it gets. The S&P's trend line held twice — a third touch raises the odds of a failed breakout, and failed patterns are among the most negative signals on the chart.

⏱ TIMESTAMPS (estimated)
00:00 Happy Friday: Sentiment Shift in the Market
02:00 S&P Futures and the Intel Reaction
05:00 S&P Daily: The Third Trend-Line Test
08:30 Dollar, Yields, and the $40T Deficit
11:30 US Oil: Tagging the 50% Fib Retrace
15:00 Dollar-Yen: The Intervention Risk
17:00 Intel Earnings: Great Numbers, Flat Stock
20:00 American Express and the Credit-Card Warning
23:00 Oracle: Connecting the Government-Contract Tea Leaves
26:00 Micron, Gold, and Silver
29:00 Natural Gas and Bitcoin
31:00 Wrap-Up: Be the Casino, Not the Gambler

#StockMarket #Trading #TechnicalAnalysis #Oil #SP500 #Intel #Oracle #Gold #Silver #Bitcoin #Earnings #DayTrading #Investing

https://www.youtube.com/live/hhfiHtqbEW0?is=8F2bqBADHYg--fgH

YouTube

Trendline Break At RISK: Oil Drops After Tagging 50% Retrace, Stocks Struggle On Earnings Worries

🔗 Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvesting.com/products/apex-live-day-trading-room

⚠️ IMPORTANT DISCLAIMER
The information presented in this video is for educational and informational purposes…

140 viewsedited 16:41

🐳 WhalePool Traders Journal

#USMarketUpdate
Stock market today:
Dow, S&P 500, Nasdaq recover as oil eases, new Trump tariffs take effect

Live updates

https://finance.yahoo.com/markets/live/stock-market-today-friday-july-24-dow-sp-500-nasdaq-081854465.html

Yahoo Finance

Stock market today: Nasdaq slips, Dow and S&P 500 recover to close a volatile week on Wall Street

Stocks stabilized on Friday but were on track for weekly losses as investors assessed a new set of global tariffs against a backdrop of AI jitters, rising oil prices, and elevated bond yields.

188 viewsedited 17:43

🐳 WhalePool Traders Journal

Stocks making the biggest moves midday: American Airlines, Coherent, Tesla

https://www.cnbc.com/2026/07/24/stocks-making-the-biggest-moves-midday-aal-cohr-slb-tsla.html?__source=androidappshare

CNBC

Stocks making the biggest moves midday: American Airlines, Coherent, SLB, Tesla & more

Here are some of the companies making headlines in midday trading.

99 views18:44

🐳 WhalePool Traders Journal

Nasdaq lags on angst over AI spending ahead of earnings reports | Reuters

SUMMARY
Indexes mixed: Dow up 0.46%, S&P 500 up 0.05%, Nasdaq down 0.64%Oil falls 3% on the day after 5 days of gainsIntel tumbles despite upbeat quarterly revenue, profit forecastDigital Realty shares rally on upbeat outlook

July 24 (Reuters) - The tech-heavy Nasdaq fell on Friday as investors sold chip stocks on worries about massive spending on artificial intelligence ahead of the next batch of megacap earnings reports, while falling oil prices provided Wall Street with some ‌support even as Middle East hostilities continued.

The S&P 500 barely advanced and its biggest weight came from the S&P 500 technology index (.SPLRCT), opens new tab, which underperformed the broader market to finish down 0.88%, as chip stocks fell.

While investors looked ahead to next week's results from megacaps Microsoft (MSFT.O), opens new tab, Amazon.com (AMZN.O), opens new tab, Meta (META.O), opens new tab and Apple Inc (AAPL.O), opens new tab, their enthusiasm has waned since Alphabet's (GOOGL.O), opens new tab announcement, late on Wednesday, of a massive hike to its capital spending plans even as it burns cash.

After piling into technology stocks in recent years on the promise of growth from AI, investors have become worried about the need for ever-increasing capital outlays for AI, according to Peter Andersen, CEO of Andersen Capital Management.

https://www.reuters.com/business/wall-st-futures-rise-after-tech-rout-mideast-tariffs-focus-2026-07-24/

Nasdaq lags on angst over AI spending ahead of earnings reports
https://www.straitstimes.com/business/nasdaq-lags-on-angst-over-ai-spending-ahead-of-earnings-reports

96 viewsedited 00:00