And just like that, Google's entire 2026 rally is gone.
$GOOGL is trading more than 9% lower following earnings, taking the stock back to where it started the year.
Think about that. Nearly ten months of gains wiped out after one earnings report.
The market can be pretty unforgiving when expectations aren't met.
Well, well, well.
$TSLA breaks its downtrend, closes above $400 for the first time in over three months, and flips into positive gamma.
All happening around the same time.
The $400 level just became a lot more interesting.
Well, this is getting interesting.
$SMH, $IWM, mid caps and transports are all sitting around their 200-day moving averages.
That's quite a few important parts of the market testing the same long-term trend indicator at once.
Paul Tudor Jones once said, “My metric for everything I look at is the 200-day moving average of closing prices.”
I'm particularly interested in whether $IWM can reclaim its 200DMA here.
Current stock market rotation and flows into BTC look interesting as well. source: farside and koyfin.
Well, this is quite the turnaround.
South Korea is up almost 5%, with semiconductors doing much of the heavy lifting.
What's interesting is where the bounce started. Price reacted almost exactly where our cross-market analysis had highlighted an important area.
Funny how often these relationships become interesting when everyone is focused on the headlines.
Now let's see if the recovery has some staying power.
The Bonds Market Is Starting to Freak Out.
Semiconductor stocks are barely holding onto the Leopold level and 200DMA.
And a new number 1 transaction.
That and more in today's special weekend edition: 👇👇👇
Well, this is quite the turnaround.
Chinese equities have staged an enormous reversal after an extraordinary 11-week stretch of selling. And it's not just China. We're seeing some interesting snapbacks across Korea, Singapore and the broader Asian markets around these levels.
Markets have a funny way of producing their biggest rallies when sentiment has been beaten into the ground.
Whether this is simply a relief rally or something more durable is where things get interesting.
















