RT @3PeaksTrading: this is happening so far according to plan..

We believe that short crypto will be one of the most compelling trades over the next 6-8 months. The setup is insane: > Deteriorating technicals > Questionable fundamentals > Massive increase in Large Spec buying (everyone long) Short Crypto is a textbook Trifecta Lens Trade.

$QQQ Monthly Wave Count Update The original count was published on 03/25/2023 when QQQ was trading near 312. The first update was posted on 09/19/2024 when QQQ was trading near 491. Today QQQ is trading above 700 and the larger degree 5th wave remains in progress. This is not a trading wave count. It is an investor map designed to identify the primary trend and the long-term path of least resistance. Monthly wave counts are measured in years, not weeks. The objective is not to forecast the next pullback, but to track the progression of the larger secular advance as it unfolds over time. With Q2 ending in a few weeks and the AI-driven expansion continuing across semiconductors, cloud infrastructure, and data centers, it is time to update the count and extend the 5th wave projection. The market will continue to experience corrections, pullbacks, and periods of volatility along the way. The larger framework remains intact. $SPX $SPY

S&P 500 66-Week Curve The 66-week curve suggests that we have found our seasonal high for the summer. Though a strong bounce from Friday's drop is probable, and even potential sweep of the highs is not out of the question. The 66-week curve projects a major market low in mid-July.

Health Care has trailed the S&P 500 by more than 50% over the last three years, the most among all sectors.

RT @3PeaksTrading: Interesting to note seasonality into June OPEX has been stronger during bull markets mid term election years full month…

RT @AMeshkati: Everyone is focused on the wave of stock supply set to hit the market as the megacap AI IPOs begin to debut. The bigger sto…

FWIW: Corporate insiders in BOTH sectors appear to agree with this assessment. @sentimentrader

RT @OptionsHawk: SPY ES_F record highs despite the narrowing breadth, OpEx dynamics in play, had noted last weekend such strong Gamma acros…

Interest rate trends can persist for decades. The JK Interest Rate Trend Model remains at 2, indicating that the primary long-term trend in rates is still up for now. Read Full Analysis: sentimentrader.com/pricing

$NOW is one of those names I’m getting more and more comfortable allocating capital to for the medium to long run. Fundamentally it’s rock solid, and from a valuation standpoint it looks genuinely cheap right now. Technically the weekly chart is forming a nice bottom too. What’s not to love? 120 🎯

So important to remember for this large cap growth bull market!!!

Weak Real GDP growth (GDPnow suggests only 1.3% in the 1st Q) could lead to a larger than expected "DECLINE" in the 10-year US Treasury Yield. Excluding the April 2025 Tariff collapse, GDPnow lowest since 2023 -- Next stop, a 3.75% 10-year yield? PaulsenPerspectives.Substack…

RT @angrybear168: @3PeaksTrading yield will probably catch up, starting to roll over now.

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