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

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.

Why Tech Collapsed While Wall Street Rotated Into Value

The Monday session closed mixed as mega-cap tech stumbled. Here is why. 🏆 Sector Winners: Financials led the charge, with Bank of America (BAC) surging over 2% to a historic all-time high. Healthcare also popped on major M&A activity. 📉 Sector Losers: Tech and AI names faced a brutal flush. SpaceX plunged 10% on a massive $20B bond offering, Alphabet tumbled 10%, and new Nasdaq-100 additions got hammered on heavy volume. 🔔 The Look Ahead: All eyes turn to FedEx earnings tomorrow after the bell for a critical check on global shipping and consumer demand, right before Thursday's high-stakes PCE inflation print. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.