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 closing-bell deep dive using WaveFinder scanner data on a relief bounce within a broader downtrend. The hosts explain why to cut ASTS, AKAM and ATMU despite news catalysts, why to hold SKWD, and which SPY levels and late setups matter heading into the weekend.
Key points
Regime is a relief bounce inside a broader downtrend, with breadth expanded: 68% of stocks above their 20-day SMA and 177 bulls vs 136 bears.
Trade the market's reaction to news, not the news: ASTS fell 12.94% despite a $1.3 billion deal, while SKWD held +1.41% after a sales miss.
SPY must hold 7.3295; a slide through 7.3040 signals systematic selling.
QQQ at $658.95 sits well below its 200-day SMA at $680.90, implying heavy overhead resistance, so keep position sizes small.
Late entries ARY ($5.76) and COAG ($48.68) need a close near highs and relative volume above 1.0.
See ASTS 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 ASTS in WaveFinder.
See AKAM 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 AKAM in WaveFinder.
See ATMU 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 ATMU in WaveFinder.
See SKWD 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 SKWD in WaveFinder.
See COAG 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 COAG 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.
See FIVN 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 FIVN in WaveFinder.
See WK 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 WK in WaveFinder.