Analytics, your call. We’d like to use analytics cookies to see which pages help. Nothing is loaded unless you accept, and the site works the same either way. Privacy policy
A deep dive into the day’s market action: tech giants sold off, but the broader market held as the equal-weighted S&P 500 rose 0.2% and the cautious breadth reading stayed near 56%. The hosts cover the AI infrastructure fade, standout names NU and SCHW, and the Monday playbook with key levels and scenarios.
Key points
Breadth held at a cautious 56.1% (from 56.0%) as the equal-weighted S&P 500 gained 0.2% despite the tech sell-off.
The 10-year yield at 5.15% drove a selective, defensive day; a break above 5.17% would be bad news and could push QQQ toward 647.05.
AI infrastructure faded after AMAT flagged component shortages, with AMD down 8.4%, while NU jumped 11.7% and SCHW gained 1.4%.
Monday's watch list: NU holding the 1275 to 1288 demand zone, and SCHW on an opening range break; Empire State manufacturing data is the key calendar item.
Regime forecast stays firmly cautious; don't front-run Tuesday's semiconductor earnings and wait for the data.
See NU in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open NU in WaveFinder.
See SCHW in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open SCHW in WaveFinder.
See AMD in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open AMD in WaveFinder.
See AMAT in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open AMAT in WaveFinder.
See LFTO in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open LFTO in WaveFinder.
See SPY in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open SPY in WaveFinder.
See QQQ in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
Can't reach WaveFinder right now. Your episode is still playing.
SMAUp (filled)Down (hollow)
Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open QQQ in WaveFinder.