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Ronnie

Market Consolidation Update

Both QQQ and SPY traded in tight ranges this week as the Santa Claus rally stalled. QQQ settled near 623.93, just above its clustered EMAs (5: 619.64, 9: 619.16, 20: 618.03), indicating sideways consolidation. SPY closed at 686.95, also above its EMAs (5: 686.95,

QQQ, SPY: EMA Analysis

QQQ’s price action from Dec 23‑29 shows a steady uptrend. The close on Dec 23 (622.11) sits well above the short‑term EMAs (EMA5 620.83, EMA9 619.68) and the longer‑term EMAs (EMA20 618.15, EMA50 614.87). The peak on Dec 24 (623.93)

QQQ & SPY Technical Recap

On Dec 22‑26, QQQ moved from 619.17 to 623.93, staying just above the flat EMA5 (620.60) and EMA20 (617.76) while still below the 627/637 resistance zones. The EMAs are unchanged across the snapshot, suggesting a pause in the short‑term trend. By contrast, SPY

2026 Analyst Expectations

Here's a detailed outlook for the market heading into 2026, characterized by high earnings expectations, elevated valuations, and a shift in market leadership. * S&P 500 Price Targets and Expected Returns: Wall Street strategists have set year-end 2026 price targets for the S&P 500 ranging

QQQ, SPY, VIX Tech

QQQ remains below key resistance levels at 627 and 637, despite holding near its EMA5 (~620.9) and EMA9 (~619.1). The price has hovered around these short‑term moving averages for three sessions, suggesting a consolidation phase. EMA20 (~617.5) is now below price, reinforcing a near‑term bullish

Week of Dec 22‑26

The market closed out the holiday week with mixed signals. QQQ remained under pressure, moving from a 619.17 close on Dec 22 to a 623.87 finish on Dec 26—still well below the first resistance cluster around 627 and the secondary ceiling near 637. The low of the

Growth Strong, Sentiment Soft: QQQ & Macro Snapshot

Short‑term (1 week) – Bullish - QQQ rose from 609.1 to 623.9 in four days, pushing above its 20‑ and 50‑day EMAs and approaching the 627/637 resistance zones. - VIX at 14.00 signals low‑volatility, risk‑on sentiment. - Fresh GDP print of 4.3

Dec Jobless Claims 👍

US jobless claims fell to their lowest level in nearly a year, beating expectations, while continuing claims edged higher. The data suggests a labor market that's holding steady with modest hiring and firing activity. * Initial jobless claims dropped by 10,000 to 214,000 for the week ending

Late-December Bounce as Low VIX Meets CPI/GDP Relief

Short-term (1 week): Bullish. VIX at 14.91 signals low stress; QQQ reclaimed EMAs and posted a clean rebound after midweek dip, while sector breadth improved and tech rallied. Support near 600.40 (QQQ) and 6714 (SPX) looks firm for a continued drift higher into year-end. Longer-term (1+ month): Moderately

2026 Bullish or Bearish?

The Bull Case The AI Supercycle and Technological Dominance The optimistic outlook is centered on the belief that we are only in the third year of an 8- to 10-year AI buildout. Proponents argue that the massive capital expenditures currently seen are just the beginning of a multi-trillion-dollar shift. • Massive