Situation Awareness: Bullish. A strong surge in semiconductor stocks, led by Intel’s impressive earnings, is buoying the Nasdaq and broader market sentiment. Trade mode: Aggressive breakout. The focus is on AI-driven demand and potential Iran de-escalation hopes, countered by concerns about consumer sentiment. Regime context — 69.86% of stocks trade above their 40-day SMA, and the 4% Bull/Bear gauge shows 0 bulls vs. 0 bears. The 5-day trend shows data unavailable.
SIP: INTC ARM QCOM
- What’s working: 2LYNCH and Delayed 9M strategies are showing strength, driven by tech and energy sectors.
- Leading sectors: Technology (2.64), Financials(1.96), Industrials (1.65)
- Key event: Intel’s (INTC) earnings beat and upside guidance spurred a tech rally.
- Market read: Yesterday’s market saw mixed earnings reactions and geopolitical jitters, but today futures are boosted by Intel and hopes for U.S.-Iran talks, signaling a renewed risk-on sentiment.
- DEP watchlist: ARM, ALAB, PTEN
- SIPS: ALAN, CAT, CMI