Paid Daily · Resources · Ask Plutus
The Semiconductor Channel Just Broke for the First Time
NowPress play to follow along0:00 / 27:28
Chapters13 segments · tap to seek
ticker lesson
Breakdown
0:00lesson
Market review and position adjustments
- Celebrating a strong week with 30 positions
- Trimmed to 16 positions due to nervousness
- Building positions back to 30
- Margin at 150% vs 207% previously
- Weekend nervousness due to POTUS potential actions
2:19SPY· ticker
Spider — failed trend line and bearish engulfing pattern
- Broken trend line with failed reversal
- Bearish engulfing pattern confirmed
- Seasonality ignored due to bizarro market conditions
- September is most bearish month
- October expected to be bullish but not yet
4:29XLK· ticker
XLK — island reversal pattern and failed channel
- Island reversal pattern confirmed
- Failed channel for SMH
- AI bubble deflating
- CoreWeave chart with inconsistent patterns
- Cabris at lifetime lows with 70% drop
6:34Dow· ticker
Dow — failed Fibonacci and bearish engulfing pattern
- Dow shorted due to strength
- Bearish engulfing pattern confirmed
- Trend line broken with new price gaps
- KU down 10%
- Corweave as a pig with no follow-through
9:06EM· ticker
EM — lower lows and trend line analysis
- EM trading below yesterday's low
- South Korea contributing to weakness
- Wiggles down with potential to stick
- Mexico up as a second bite at the apple
- Failed symmetric triangle with potential breakout
10:57XLF· ticker
XLF — banking sector skepticism and trend line analysis
- XLF below blue trend line
- Banking sector distrust due to socialism
- Earnings season with JP Morgan and Wells Fargo
- Cool stuff like Tesla and Netflix coming next
- Precious metals not collapsing but under pressure
13:15Bitcoin· ticker
Bitcoin — range-bound and junk equity references
- Bitcoin stuck with no movement
- Junk equities like American Bitcoin and Strive
- Strategy Inc. down 1.5%
- MSTR kicked out of major index
- Oil strong due to war continuation
15:20TLT· ticker
TLT — bond market and put buying
- TLT topped yesterday
- Put buying for January 44 puts
- Interest-sensitive sector potential U-turn
- XLU January 44 puts as hedge
- Election impact on market sentiment
17:33AXT Inc· ticker
AXT Inc — breakdown and candlestick patterns
- AXT Inc. down 8%
- Shooting star candlestick pattern
- Corning (GLW) peak with shooting star
- Quantum Ion down over 8%
- Price gaps as key support/resistance
19:59Micron· ticker
Micron — gap analysis and bearish engulfing
- Micron down 5%
- Gap too far for comfort
- Bearish engulfing pattern confirmed
- Planet Labs (PL) down 70%
- Synopsis continuing to do well
22:26MongoDB· ticker
MongoDB — messy chart and bearish engulfing
- MongoDB down 8%
- Bearish engulfing pattern
- Rocket Lab down 8% due to delayed rocket
- ETF UFO with enormous top
- Satellite and space sector weakness
25:03Seagate· ticker
Seagate — trend line and gap analysis
- Seagate (STX) from 60s to 1000 in 14 months
- Beautiful top with trend line
- Gap between Wednesday and Thursday
- Potential for further downside
- Rangebound for a while
27:18lesson
Summary of the week and market outlook
- Great week with many failures and reversals
- Trend lines affirmed as resistance
- Expectations for a good ending to the week
- Weekend nervousness due to POTUS potential actions
- Back on Monday with hope for no crazy news
Informational only — this is tastylive’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.