(1) Blue Chip Daily Premium on Twitter: “$SPX levels. $SPX held near the 3650 support level (3636). An oversold rally wouldn’t be unexpected, after down 10 of the last 11 weeks, w/ a lot of oversold short term readings in the mkt. 3900-4050 is first overhead resistance on any rallies. 3500-3650 is a wide support range. https://t.co/r9VNDW9L8S” / Twitter

 

(1) Blue Chip Daily Premium on Twitter: “$QQQ levels. 250-265 is a wide support range. 290-300 is first overhead resistance. Similar to $SPX $SPY, down 10 of 11 weeks, some type of mean reversion wouldn’t be unexpected. https://t.co/WnCGwMpFDr” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$SPX $NDX daily RSI, tested low 30’s last week. $SPX oscillator near the low end of the range, $VIX neutral at 31.13. While I expect a potential oversold rally at any time, it would be a rally into a steep downtrend for now. A close over early June highs could change that view. https://t.co/RAUFs6SBOw” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Chart of the Day (Watch List) $XBI Close: 71.79 Stop: Watch-list only Support: 62.50, 65 $XBI is a watch list only recovery chart, pending 5 weeks higher of the last 6. Pending a close > 10-wk MA. A higher volatility chart in a LT downtrend. A close > 75 would improve the chart. https://t.co/1F2VH0wm7M” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Solar $TAN not far from a potential first weekly close over the 40-week MA in 2022. $ENPH is the market cap leader and is positive YTD. A close over 80 soon would help. https://t.co/5IvDUmuCcw” / Twitter

(1) Blue Chip Daily Premium on Twitter: “*Chart of the Week $SPX S&P 500 Close: 3911.74 Support: 3650-3800 Key overhead: 4000, 4050,4180 $SPX is a watch list chart, attempting a recovery off of recent lows. 4000 is first key resistance, the declining 50-sma is at 4065. https://t.co/gxVC3n80Fn” / Twitter

 

(1) Blue Chip Daily Premium on Twitter: “$QQQ could be volatile and prone to sharp rallies, including today. My plan going into today was if PCE wasn’t much lower, and if $QQQ started to trade down, was to scale into more $PSQ. https://t.co/Mjp08dKZXu” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$XLE and large cap energy stocks + crude oil leading early $USO. Crude oil is the only major commodity holding up for now. Copper, gold and ag have all been rolling over. I’d expect crude to follow at some point if rate hikes keep coming in. https://t.co/iqCN9YlOh3” / Twitter

(1) Blue Chip Daily Premium on Twitter: “I think there’s more downside in oil from here than upside, but tight supply has been keeping the price over 100.” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$TLT was added pending a close > 50-d and 10-w sma. Low odds of bond yields making new highs right now. $ERY on a pullback. 2x inverse ETFs aren’t my first choice, but there is no 1x that I could find. Energy large caps are weaker here & a slowdown should put pressure on energy. https://t.co/MHAWC9D8qp” / Twitter

Blue Chip Daily Premium on Twitter: “$RBLX pending a bullish 20/50-sma cross, first since January 2022. I’m not considering any of the growth stocks here, but $RBLX is one that is high on my long-term watch list (I closed my position in Dec). These bases could take some time and a lot is based on CPI. https://t.co/aS9HswRLDb” / Twitter

Blue Chip Daily Premium on Twitter: “Chart of the Day $ERY Close: 56.72 Pre: 54.90 Stop/support: 45.20 $ERY is a higher volatility, 2x inverse ETF, which dictates the wider stop level. It tested a 60-day high yesterday & bullish 20/50-sma cross. This ETF can trade in very wide ranges due to the 2x factor. https://t.co/42HWZYpHP4” / Twitter

Blue Chip Daily Premium on Twitter: “275 and 300 are still key near term levels for $QQQ. At 280 here. Buyers came in at the open yesterday, will see how today develops. https://t.co/Cxx66xLbMU” / Twitter

Blue Chip Daily Premium on Twitter: “$ERY is +6.4% pre-market. For those with more active time frames, there are probably shorter-term scaling opportunities here. I *think there is a bigger longer-term move, so I am not scaling anything out. I expect very wide swings. https://t.co/WSjtjYMTUQ” / Twitter

Blue Chip Daily Premium on Twitter: “Holding over recent lows in the indices is a good sign, esp. after high CPI and increased rate hike odds. At some point, the range should break out and it could be tech earnings, FOMC or GDP, all at the end of the month. A busy week.” / Twitter

Blue Chip Daily Premium on Twitter: “I’ve had $NFLX on watch for a while now, having closed it out last Dec. At some point I think a good long term buy, but it’s only on long-term watch for now. 16x earnings and at 2017 support levels, but they’ve had some difficult quarters recently. https://t.co/YTq6z6jKE4” / Twitter

Blue Chip Daily Premium on Twitter: “$CELH a constructive chart on the high beta list, after the recent pullback over support. https://t.co/rjgZwhhXD0” / Twitter

Blue Chip Daily Premium on Twitter: “$ARKK first bullish 20/50-sma cross since last Nov. The Nov. cross failed, but it is a positive technical development. I’m not adding any tech or growth here, some are. I think this whole group is a 50/50-hit or miss from here based on earnings and how the second half unfolds. https://t.co/Zd6NVVmnzK” / Twitter

 

Blue Chip Daily Premium on Twitter: “$AAPL pullback putting some pressure on indices, with a Bloomberg report of potential slowing in hiring & spending next year. Tested just below the early June high. The best chart so far of the mega cap $NDX group. Earnings next Thursday. https://t.co/UZlOgC2RPo https://t.co/B8JDDq8UGi” / Twitter

Blue Chip Daily Premium on Twitter: “BoA Fund manager survey at “max bearish”, which can be taken as a *near-term positive contrarian signal. Details below. Fund manager focus moving from inflation and onto the economy and earnings. https://t.co/wJzTh8Vw2B https://t.co/8HciGvA59O” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$XBI trading in a 3-week basing attempt over 77.50. 72.50 is the next key level below and the rising 50-sma range. https://t.co/fKfscmXwUk” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Watching $NDX $AAPL etc. A few pending bullish 20/50-sma crosses. The last 20/50-cross in March failed. $QQQ is a better chart relatively vs $SPY. Earnings rpts will be key. Tech is positioned better here vs cyclicals. $IBM -6%, but I don’t view $IBM as a growth barometer. https://t.co/FRP0wA7cU0” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$SPX first test > the 50-sma since April. Just below the late June high, still below the early June high. $QQQ pending a first close over the 50-sma since March. Above the late June high, below early June high. 300-315 is a key overhead range. https://t.co/QQ07v9f7Gc” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$SPX $QQQ both closed over the 50-sma, which is a positive near-term trend signal. I’ll cover it in the video tonight, which should be posted by 6:30 pm. https://t.co/l8FVXYWfya” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Yesterday was a strong day in $SPX with 494 of 503 stocks higher. First close over the 50-sma since April and just below first overhead at 3950-4000. If $SPX closes over 4000 soon, it gets into a key range between 4000-4200. https://t.co/HZfO01bIUD” / Twitter

(1) Blue Chip Daily Premium on Twitter: “For those following the high beta list $RBLX is the first high beta tech chart on that list in a few months and continues to set up well. A high volatility chart. Biotech and $CELH are also ranked highly on that list. https://t.co/tWr6AbIZWH” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$XBI is showing signs of having *potentially put in a final low, as covered in last night’s video. Monday’s Chart of the Day. In a base for the last 3 weeks over 80. https://t.co/ACVsnTFXDx” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$CELH trending over all MAs, on the high beta list. https://t.co/gnLcPeCZDA” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$NVDA first test over the 50-sma since March. 150 is a key LT level on any pullbacks. 200 an important level overhead. https://t.co/TZDfd7Z5N7” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$AAPL $AMZN bullish 20/50-sma crosses. $MSFT $TSLA very close. $AAPL over June highs, the rest are below. All with earnings coming up. https://t.co/2pCAnV6Q0v” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Looks like good ER from $TSLA, will see how it trades tomorrow. 755 now (not shown below). Over 800 would break it out. 625 support. I should have the video posted by 6:30 pm. https://t.co/9d8WjmFBWZ” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$RBLX the best base in the $ARKK group of stocks. I’ll cover the group at the end of the video tonight. https://t.co/EPQgGDrrrc” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Tonight’s recap below. I’ll check in just after 8:15 am. Have a great night. https://t.co/5bJwE8Ipsc” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Watching $QQQ at 300-315 and overhead 100-sma at 315. I upgrade tech last week, in the Thursday Members video, and closed $PSQ. I haven’t seen enough to take any long positions there yet & will see how it trades through tech earnings and FOMC next week. Has been improving. https://t.co/nwYDx3jtgv” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$TSLA trying to breakout early, at a 60-day high. Bullish 20/50-sma cross pending. I expect a lot of volatility across the board next week. https://t.co/t8wzOsHXJ1” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$QQQ had a +17% rally in March, +12% in May and +13% here. If it holds through tech earnings next week, + FOMC and GDP – with no Fed meeting in August, – that could all help. https://t.co/MF58k0CYcD” / Twitter

(1) Tweets with replies by Blue Chip Daily Premium (@BlueChipPremium) / Twitter

(1) Blue Chip Daily Premium on Twitter: “$SWAV on the high beta list. Sitting in a support base. 215-220 potential breakout level. $RBLX rounding bottom base potential. Bullish 20/100-sma cross. Both are higher volatility charts. https://t.co/p4AMUdcNeH” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Full Blog: https://t.co/4e1ha1IWlz” / Twitter

(1) Blue Chip Daily Premium on Twitter: “The $QQQ chart now is similar to March with the 50-sma reclaim, pending a bullish 20/50-sma cross, which happened in March. That doesn’t mean this chart has the same result as March, just what I’m watching here. Watching it into next week. Every pullback has been bought so far. https://t.co/KLk2tR2WlF” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$QQQ pulling back over the 50-sma. Also, pending a bullish weekly MACD cross. 20 & 50-sma turning up. https://t.co/r6IrCMwTVk” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$QQQ Buy 5% position Long at 301.80 Stop: 272.40 Could be volatile today and into next week. https://t.co/Mt9EJUeY4O” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Here are the three charts in my email: $QQQ bullish weekly MACD cross. $KWEB weekly $TYX bearish weekly MACD follow through. I took the 2% pullback off the high in $QQQ and would rather hold that from here into next week than $KWEB. https://t.co/q2jhWGvkHQ” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$QQQ +3.47% week. 2 signals today, close over the 10-week MA + bullish weekly MACD. $SPY +2.59% week, over 10- week. $TLT +2.14% week, 8-week closing high, bullish weekly MACD follow through. Could be wide ranges for all next week. https://t.co/DJoQGB5ZsI” / Twitter

(1) Blue Chip Daily Premium on Twitter: “I continue to think that bond yields have put their top on for this cycle, with Fed rate hikes. There’s a lot to get through next week. FOMC, GDP, PCE – All of those reversals came in right around the FOMC meeting on June 15.” / Twitter

(1) Blue Chip Daily Premium on Twitter: “For now, $SPX $NDX $INDU $SPY $QQQ $IWM and $TLT all closed above the 50-sma and $TNX closed below the 50-sma. All are positive steps. Some follow through this week would be ideal. 280 support is key for $QQQ 3700 on $SPX. https://t.co/KTB16dysGF” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Interesting piece on Bloomberg about the recent market breadth thrust. None of these are predictive & they don’t have 100% win rates, but I share relevant data when I see it. For every positive article out there, there is often a negative one as well. https://t.co/5er5E1UTKV https://t.co/0jFWsprS3f” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Chart of the Week $QQQ Close: 301.99 Stop: 272.40 $QQQ is a potential recovery idea chart, w/ two bullish signals Friday. The first close > the 50-d + 10-week MA since March & first bullish weekly MACD cross since Nov. 2021. Mkts could be volatile & trade in wide ranges this wk. https://t.co/abv4OTBaKL” / Twitter

(1) Blue Chip Daily Premium on Twitter: “This week’s High Beta list is posted as “watch-list” only, ahead of major tech earnings & FOMC. These charts could trade in very wide ranges this week. (This list is not screened for earnings dates) ARKK, CELH, CRSP, HALO, MUSA, RBLX, SHOP, SWAV, TSLA, XBI https://t.co/CR1MdmatgU https://t.co/pSEEyYtz31″ / Twitter

(1) Blue Chip Daily Premium on Twitter: “Midcap $CELH holding it’s uptrend, recent bullish 50/200-sma cross. As a reminder and for new members. I expect wide ranges this week, so many of the charts I post I consider watch list for now. https://t.co/ctA7lYFiG5” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$AAPL the best chart and top RSI of the 5 mega caps reporting this week. $GOOGL the weakest and lowest RSI. No way to know what any of them will report yet, but I expect some wide ranges. $GOOGL -29% $MSFT -26% off highs, so expectations have been lowered, will see if by enough. https://t.co/zSVXAJhadd” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$XLE up on the day, the weekly chart has been weak. If recent lows hold in $SPX, the energy sector is one of the few with somewhat rising earnings and cash flow, which is why I moved out of $ERY and into $SCO. Over time they could trade together. The group can be choppy. https://t.co/uMSAWeTomK” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$SPX pulling back over a 4-week potential support base for now. https://t.co/Gm6qlNMqxX” / Twitter

(1) Blue Chip Daily Premium on Twitter: “Watching $QQQ near-term over 280 (CPI low) and 290. 310 is the next key overhead level. If it holds up past this week’s econ news and earnings, I plan to add to this. https://t.co/SAgewwmZVK” / Twitter

(1) Blue Chip Daily Premium on Twitter: “$SHOP higher so far after missing earnings and guiding lower. 30 is key support. A good sign if it holds higher. https://t.co/2t7EyYURdI” / Twitter

(3) Blue Chip Daily Premium on Twitter: “$SBUX bullish 20/100-sma cross. Quite a few large caps have crossed over the 100-sma recently, after spending a lot of time below. https://t.co/pw1TDVn1hI” / Twitter

(3) Blue Chip Daily Premium on Twitter: “The overall mkt reaction to earnings has been positive. $SHOP stands out. They announced a 10%% layoff yesterday & the stock was -14%. Today they reported a loss vs expected gain & the loss will get bigger. +7% so far. When stocks stop going down on bad news, it’s a positive sign https://t.co/pmMjyYv266” / Twitter

(3) Blue Chip Daily Premium on Twitter: “$SPX $QQQ pending the highest daily close since mid June. Fed days have been big up days over the last 4 meetings. Holding most of the gains tomorrow would help. https://t.co/C69zVcb2il” / Twitter

(3) Blue Chip Daily Premium on Twitter: “A few weekly charts on watch: $IWM pending a second close > the rising 10-week & bullish MACD cross. $KRE (regional banks) testing over the 20-week & pending MACD cross. $QQQ pending a MACD weekly follow through. $SMH pending a second close > rising 10-week & weekly MACD cross. https://t.co/bmJ1cs4HtI” / Twitter

(3) Blue Chip Daily Premium on Twitter: “$ETSY $F both testing over the 100-sma after earnings. $META $QCOM $NOW down 3-6% early, putting some pressure on $QQQ. https://t.co/qr85SWaXBv” / Twitter

(3) Blue Chip Daily Premium on Twitter: “Chart of the Day (watch-list) $MOS Close: 51.12 Pre: 51.42 First support: 44 Potential breakout level: 55 $MOS is a watch list chart, with earnings being reported next week and testing a close over the 200-sma. Just below the 50-sma at 52.27. $CF $MOS report next week also. https://t.co/bHU1E9fdCg” / Twitter

(3) Blue Chip Daily Premium on Twitter: “Chart of the Day (watch-list) $MSFT Close: 251.90 Pre: 261.35 (+3.75%) Key support levels: 240 & 245 Potential breakout levels: 270 & 280 $MSFT is a watch-list idea chart, trading higher after earnings. $MSFT pulled back 30.6% from all-time highs and is on watch here. https://t.co/NRF4M7auQg” / Twitter

(3) Blue Chip Daily Premium on Twitter: “One major difference on the charts in this $QQQ recovery attempt vs the failed March/April move was that bond yields $TNX were rising quickly in March, and they look to have rolled over here. Softer economic data = lower yields. https://t.co/x9Ajgoul72” / Twitter

(3) Blue Chip Daily Premium on Twitter: “$ETSY trying to breakout after earnings. First test over the 100-sma since December. https://t.co/6ldALNEmHu” / Twitter