Paid DailyPDPaid Daily
Open the desk
tastylive

Is the Market Reversing? Charts You Need to Watch Now

NowPress play to follow along0:00 / 27:07
Chapters12 segments · tap to seek
ticker lesson

Breakdown

0:00lesson

Market overview and key symbols

  • Market closed at or near lifetime high
  • Breakout lack of follow-through
  • Indecisive direction over past four days
  • Portfolio tempered by fire
  • Diamonds up over 1%
  • Risk spread out evenly
2:18lesson

AI bubble concerns and OpenAI

  • AI foundation cracks
  • OpenAI revenue growth slower than expected
  • Enthropic S1 report expected next month
  • Historical parallels to WeWork
  • Anthropic potential absorption by investors
  • Trillions involved in AI
4:30SXX· ticker

Semiconductors down 7/10 of a percent

  • Weak week overall
  • Jumped higher last week
  • Marked time on Monday
  • Blast lower Wednesday-Thursday-Friday
  • Close at lows for the week
6:39OWL· ticker

OWL up after short position

  • Exited OWL a week ago
  • OWL strong despite market nastiness
  • Three great days chained together
  • Short position closed at profit
  • Trend line not broken
8:32USO· ticker

USO unchanged

  • Precious little going on
  • Zoom imperfections
  • Dynamism gone
  • Trading at 148ish
  • Setup to break down dispatched
10:55Gold futures· ticker

Gold futures up $70

  • Gold futures up almost $70
  • Cracked below trend line
  • Shaken off fears
  • Rally today
  • Next test at 4,300
13:07Rivian· ticker

Rivian failed trend line

  • Rivian failed trend line
  • Lower high and lower low
  • Cracked trend line
  • Potential Lucid-like outcome
  • Tesla dominates EV space
15:12AT&T· ticker

AT&T down over 10%

  • AT&T down over 10%
  • Ma Bell down over 10%
  • Verizon down 9%
  • T-Mobile down 13%
  • 50% drop since last year
17:51UFO· ticker

UFO ETF bearish pattern

  • UFO peaked on May 28th
  • Down to 40 from 70
  • Bearish topping pattern
  • Space sector under pressure
  • Lifetime lows for many
20:07SMH· ticker

SMH short position

  • SMH dashed midline spotted resistance
  • Resistance held
  • Trading around week lows
  • AXTI down 3.5%
  • Short position maintained
22:21Micron· ticker

Micron near price gap

  • Micron near $1,100
  • Price gap rationale for trade
  • Tightened stop to Wednesday's high
  • Short position maintained
  • Quantum companies shorted
24:48lesson

Market outlook and data points

  • CPI on Wednesday morning
  • PPI on Thursday
  • FOMC meeting on last Wednesday of month
  • Expectation of non-event
  • Bottom of screen not a legal limit

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.