MU Squeeze, QCOM Deal & PCE Alert: Key Levels for Thursday

Why Tech Crashed into the Close as Apple Sparked a Violent Rotation

The Thursday session closed mixed. Here is why. 🚀 **Sector Winners:** Industrials and Financials took the crown, led by a 4.4% surge in Caterpillar and massive gains in hardware enablers like Micron and Qualcomm. 📉 **Sector Losers:** Megacap Technology dragged the Nasdaq down, with Apple tumbling after hiking MacBook prices to offset soaring memory costs, dragging Microsoft and software lower. 🔔 **The Look Ahead:** Tomorrow, all eyes turn to the final University of Michigan consumer sentiment print and whether the S&P 500 can hold the critical 7,350 technical support level. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.

MU Squeeze, QCOM Deal & PCE Alert: Key Levels for Thursday

Here is the trade setup for the Thursday open. 🚀 MU (Micron): Exploding 17% pre-market after crushing Q3 and guiding next-quarter revenue to a massive $50B. 💻 QCOM (Qualcomm): Jumping 11% on its Meta data center CPU deal and Modular AI acquisition. 🍔 WEN (Wendy's): Up 12% on high-volume meme-stock squeeze action. 📊 The Levels: /ES (S&P 500) resistance sits at 7,491 - 7,500, with support at 7,452 - 7,472. /NQ (Nasdaq 100) resistance is 30,260 - 30,450, with key support at 29,650 - 29,800. Watch the upcoming PCE print closely to see if this tech rally hits a macro wall. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.

MU Earnings & CBRS Margin Panic: Tech Bounce or AI Trap?

Here is the trade setup for the Wednesday open. 🚀 MU (Micron): Crucial Q3 earnings test tonight. Bull level: $1,200 | Bear level: $1,038. 📉 CBRS (Cerebras): Tumbling 11.3% on gross margin warning. 📦 FDX (FedEx): Sliding 7.0% on weak packaging demand. 🎮 GME (GameStop): Hostile eBay bid focus. 💻 IBM: Counter-trend surge with $291 target. 🍿 AMC: Falling 26% on dilutive stock offering. Key Levels: 📊 S&P 500 Futures (/ES) Support: 7,345–7,378 | Resistance: 7,480–7,500. 📊 Nasdaq Futures (/NQ) Support: 29,330–29,350 | Resistance: 29,800–29,837. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.

Why Tech Crashed: Inside the Global Semiconductor Capitulation

The Tuesday session closed Red. Here is why. A brutal 10% plunge in South Korea's KOSPI overnight triggered a global chip rout that slammed Wall Street. Investors are grappling with renewed inflation fears, hawkish Federal Reserve rate warnings, and growing skepticism over whether astronomical AI capital expenditures will deliver immediate returns. 🟢 Winners: Consumer Staples (XLP +1.7%) as investors rotated into defensive shelters, along with a high-volume breakout in American Airlines. 🔴 Losers: Information Technology (XLK -4.13%), dragged down by severe double-digit sell-offs in Micron and SanDisk. 🔔 The Look Ahead: Tomorrow brings the ultimate test for the entire artificial intelligence trade when chip giant Micron reports Q3 earnings after the close. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.

SPCX & PRIM Collapse: Key Levels to Watch as Nasdaq Futures Drop 2.5%

Here is the trade setup for the Tuesday open. A global technology selloff is accelerating as Nasdaq futures slide over 2.5% and the 10-year yield holds near 4.51%. 🚀 SPCX (SpaceX): Tumbling 16% on its first-ever public bond sale filing, testing critical support at $150.00. 📉 PRIM (Primoris): Collapsing 33% premarket after cutting FY26 guidance by more than half and announcing the immediate departure of its COO. 📉 GOOGL: Sliding 5% as high-profile AI leadership exits trigger moat anxieties. 🔔 CCL (Carnival): Reports Q2 earnings with options pricing in a volatile 5% post-earnings move. Key Support & Resistance Levels: 📍 S&P 500 Futures (/ES): Resistance 7,472 – 7,484 | Support 7,375 – 7,389 📍 Nasdaq-100 Futures (/NQ): Resistance 30,500 – 30,571 | Support 29,585 – 29,355 Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.