The Nasdaq 50 SMA Hold Is Critical
I’m watching the Nasdaq’s 50 SMA hold, semiconductor support, and NVDA’s Earnings Hot Zone as NFLX, TSLA, and LRCX earnings approach.
I’m watching the Nasdaq’s 50 SMA hold, semiconductor support, and NVDA’s Earnings Hot Zone as NFLX, TSLA, and LRCX earnings approach.
JPM and GS failed to hold their earnings gaps. I’m watching ASML and TSM’s expected moves and support levels to guide my buy-the-dip plan in semis.
Join me in the Mastering the Trade room at Simpler Trading. October 8th, 2026 Hey traders! The Nasdaq just hit a new high, and now we are seeing a reversal. The Nasdaq futures (/NQ) tagged 31,616.5 and is already back near 30,930, down about 1.5% on the session. SMH is weaker, down about 3.4% and … Read more
Join me in the Mastering the Trade room at Simpler Trading. October 6th, 2026 Hey traders! Every Monday evening, I post a weekly market review video on the Simpler Trading YouTube channel with a few of my favorite ideas, along with the specific sectors and areas of the market I’m focusing on. Yesterday, I walked … Read more
Thursday, October 1, 2026 Hey traders! Micron reported last night, and the first thing I care about is not the headline beat. It is whether the chart patterns I laid out on Tuesday survived the news. They did. In Tomorrow Night’s Micron Report is Going to Travel Farther than the Stock Itself, the plan was … Read more
September 29th, 2026 MU is no longer a specialty memory name that only chip traders watch. It is a top-weight in the Nasdaq-100, a core holding in SMH, and the dominant exposure in DRAM. When a company sits in that position, the after-hours move is not a single-stock story. It is a QQQ story, a … Read more
September 25th, 2026 Hi Traders! Microsoft is leading price action this morning. Overnight, the company officially rolled out the new Copilot app, bringing Home, Code, and Autopilot together in one place, with Word, Excel, and PowerPoint built directly into the experience. Home combines Chat and Cowork. Code lets non-developers build apps and automations using … Read more
Wednesday, September 23, 2026 Hey traders! The semiconductor complex just ran six sessions in a row. The semiconductors, memory, and the AI hardware names did the heavy lifting, and the Nasdaq printed fresh highs earlier this week. Today, that sprint is pausing. That is not a surprise after an explosive move. This kind of digestion … Read more
September 16, 2026 Fed Hikes 25 bps — QQQ Capped Under the 50-Day SMA The Federal Reserve just delivered its first rate hike since July 2023, lifting the federal funds target range by 25 basis points to 3.75%-4.00% in a unanimous 12-0 vote. This was not a surprise in isolation. The market had priced a … Read more
September 14th, 2026 Happy Monday, everyone! When Monday comes along, I always like to do a full market review and look for new setups! I’m looking for tickers that have a strong confluence between technical and fundamental factors that earn multiple stars in my Five Star scoring system. Let’s talk about one of the cleaner … Read more