Warning: Stock Market Is Testing A Critical Support!

[00:00:00] Speaker 1: happy thursday what's going on guys it's freaky with tech but solutions here with a super quick market update um again wanted to talk about the overall progress and some of the updates that we've received uh for the overall market uh nasdaq ended up losing 1.73 not the lowest points actually gapping up right now during the overnight hours you guys let me know down in the comment section do you think that it's gonna find support again at 700 which is a common support range and or go back up begin to recover so this is where you possibly want to buy the dip right and because you're bullish and if you think that markets are going to return back to 735 740 which is a common resistance range it's very interesting because from where we started the week right markets began to celebrate the end of the attacks with iran when we weren't attacking them on friday yet didn't really understand what they were celebrating to just correct themselves for the last two days we are literally almost at the same exact point from where we started to now where we ended nonetheless a lot of volatility there's a lot of money to be made for those that locked in profits right just like we talked about it within our lpp live trading session again friendly reminder if you ever want to tune into those live sessions second link down below now the big question that a lot of people are asking is you know with 1.3 trillion over a trillion dollars everyone has a different number 1.3 trillion dollars right from the u.s market today i don't really care about that my thing is the semiconductors semiconductor stocks are down sandisk is down micron is down western digital is down these are the companies that are some of the top performers for 2026 so i'm beginning to ask myself hey do i want to buy the dip i've wanted to invest into micron into sandisk but is is the hype over is the rally over is this just a correction that i want to jump into and that's again what we kind of began asking ourselves but then now it's trading below a thousand dollars per share so now we're doing something we have not done since the initial rally back in april and there's concern there right that's that's the scary part that's the fear now again if you have full conviction you're like no markets are only going to recover then it makes sense why you're buying into this dip right because if you look at micron from current lows if it goes back to previous highs 1300 right whenever it is that hit that i think it was after market hours that's over 31 that'd be insane right it's one of the best performers it's often more bullish than bearish our market's only going to continue to push higher or is there more downside to come right is a correction long overdue for semiconductors there's no right or wrong because like i said you can't predict the future neither can i all we can do is if we see the opportunity to be attractive enough to lay out our plan right where's our entry where we cut losses where do we plan to take profits you know what what's our what's our point here but i really wanted to have this conversation where over the weekend it's one of my favorite videos to film now i wanted to dive deeper into these semiconductor stocks break it down the concerns but also the highlights the pros on maybe why i do want to buy the dip or maybe something is changing the sentiment this is the second day in a row did you guys see it that trump tries to pump micron and as soon as he sends out the tweet it sells off even harder the second day in a row he talks about his trump accounts how micron company uh technology invested over 250 million dollars and how it's a great american company but also then disclose that he sold 500 000 or up to 500 000 worth of micron it's like what how are you calling it a great company but then finally disclosing that you've actually sold nonetheless it looks like really sentiment has changed so far but we all know it all takes one powerful tweet from trump to really turn things around and that's what i'm kind of i want to prepare for hey if markets do bounce here right just like we talked about on the four hour time frame if we look at it markets have been trading sideways for the past few weeks as long as markets hold above 700 this is a common support range so if markets do begin to recover then it's likely not needed but likely for micron to recover as well and that's where it can be exciting to go long but if markets do break support after so much consolidation and begin to gap down right markets are overbought they're testing the movie the ema again and if they break the support we have a long correction to follow so why would i want to buy micron at nearly a thousand dollars when i can possibly get it at six to seven hundred right because we all know that if overall markets begin to sell off then it's the ones that rallied up the highest and the quickest that correct the hardest now i'm not saying that micron is overvalued because fundamentally speaking that just simply would not be true if you actually look at it which is why i wanted to dive into it deeper as long as you guys are okay with it we can film that video over the weekend talk about it the pros the cons the fundamentals the technicals and then really kind of like just prepare create a plan of action of like hey if my if micron does sell off enough maybe it does become attractive enough that i want to invest in it long term but what exactly am i investing into and that's what we'll talk about this weekend right or maybe we're going to be too late right markets are obviously closed now it's out uh what's it called um extended hours and then it's a three-day weekend in observance to fourth of july so we'll see if trump sent out a tweet markets celebrate and then we see a huge gap up or if any further developments happen i just found that to be quite interesting also wanted to let you guys know that 4.7 trillion dollar jp morgan warns michael saylor's strategy is creating new risk for the bitcoin market again just wanted to share that with you obviously bitcoin is actually up today while overall markets are in the red i found that to be quite interesting so um mstr also had an amazing performing day it ended 7.9 in the green after being up 12 i think it was 12 yesterday so a great performing two-day streak let's see how long it can sustain that before it starts crashing all over again again i'm not a fan of microstrategy but if you are i say talk is cheap put your money where your mouth is right i think microstrategy has obviously proven to be one of the worst investments in the past two to three years you ever could have made the only people that made money are those that sold and didn't bag hold on the way down right with that being said again i'm very excited to see what's to follow up with this week nasdaq market trying to creep up higher we'll see if it could sustain itself with i'm sure all the updates that we'll get over the weekend i'll do my part in keeping you guys up today i do want to remind you again whenever it is that you're ready to join us for these live sessions every day at market open you can tune on in second link down below hope and wish you guys an amazing fourth of july weekend if you have any questions feel free to comment down below and like always let's make sure that we end the year on green up take care team