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
With breadth thinning into the close, the hosts break down why the intermediate trend remains bullish despite a rough-looking tape. They map out which leaders to hold (CRDO, ISRG), which entries to size carefully (MXL), which names to cut before the bell (CHTR, LYB), and what a surge in bond ETFs signals for tomorrow’s rate-sensitive chip trade.
Chapter by chapter
Breadth Cracks But Trend Holds
Breadth drops to 35% above the 20-day but the intermediate trend stays bullish, setting up a narrow, rotational chop.
Holding CRDO Into the Close
CRDO remains the cleanest continuation leader, held as long as it stays above 211.
MXL and ISRG Setups
MXL offers a hot but risky starter-size entry, while ISRG stands out as a clean actionable reversal backed by strong Health Care sector performance.
Cutting CHTR and LYB
CHTR and LYB get cut before the bell due to active negative catalysts from a Comcast downgrade and Iran margin pressure.
Bond ETFs Signal Caution
A surge in mortgage and bond ETFs flags a flight-to-duration move that hints at rate sensitivity ahead.
Sector Map: Tech and Health Care Lead
Tech and Health Care dominate the sector rankings while Utilities, Materials, and Energy remain near the bottom.
Levels to Watch at the Open
Key confirmation levels for CRDO, ADI, and ISRG going into tomorrow's session, with a prove-it day ahead.
Key points
Breadth thinned to 35% above the 20-day, but the intermediate trend remains bullish (13 Bull vs. 7 Bear) — this is rotational chop, not a reversal.
Hold CRDO above 211 and ISRG above 402.56 as the cleanest continuation and reversal leaders; cut CHTR and LYB on active negative catalysts.
MXL is a high-risk, high-reward entry — starter size only given its elevated risk read.
Surging bond ETFs (MORT, BOND, TAGG) signal defensive, rate-sensitive positioning — a tell to respect, not a trade to chase.
Tech and Health Care are the only sectors sprinting; Utilities, Energy, and Materials should be avoided until the trend flips.
See CRDO 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 CRDO in WaveFinder.
See MXL 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 MXL in WaveFinder.
See ISRG 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 ISRG in WaveFinder.
See CHTR 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 CHTR in WaveFinder.
See LYB 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 LYB in WaveFinder.
See ADI 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 ADI in WaveFinder.
See MORT 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 MORT in WaveFinder.
See BOND 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 BOND in WaveFinder.
See TAGG 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 TAGG in WaveFinder.