To The Moon

Between now and then, we’ll get a few more earnings reports, but early in earnings season, the news seems positive if a little muted. The market is back in positive territory, and the worst potential outcomes of everything from tariffs to Iran have rolled off investors’ backs. The good news for us is that April has once again been a turnaround for the market. More on that in a moment. Weekly Update April has been a rocket ship for the stock market for somewhat questionable reasons. The market was down because of the Iran conflict/war, and as that has moved toward a tentative ceasefire, the “risk on” trade took hold. It wasn’t earnings or great economic data that caused the pop, simply undoing damage that didn’t need to be done in the first place. Call me skeptical that this pop will hold.

The market is showing a clear split between momentum leaders and names running into key resistance. Stocks like PLUG and HIMS have delivered strong upside from Smart Money Zones, while others such as NFLX and META continue to struggle at major rejection levels. Meanwhile, TSLA sits at a critical inflection point, and late-cycle names like AEHR are increasingly extended. This is a tape where selectivity matters—chasing strength blindly carries risk, while waiting for confirmation remains key. 1. $Plug Power(PLUG)$ $PLUG is up 83% since we highlighted it here on February 16. Price respected the Smart Money Zone with Monthly BX in a bull cycle. Weekly BX then flipped bullish, making this an A+ setup in our system. Next target $3.60 -> $4 🎯 2.

$S&P 500(.SPX)$ Overbought McClellan Oscillator +70 following a market bounce signals a short-term consolidation before the bullish continuation resumes. When the overbought condition is reached in a mature uptrend, it can precede a major pullback. The current case is a market bounce $Invesco QQQ(QQQ)$ The RSI has crossed 70 for the first time in 6 months. This initial move typically does not mark the top, it usually precedes consolidations before reaching higher highs. A +7.9% spike in the $Cboe Volatility Index(VIX)$ and indecisive price action reinforce the thesis for a gap fill at 7,051. $ServiceNow(NOW)$ Consolidat

$Alphabet(GOOGL)$ $Amazon.com(AMZN)$  $Microsoft(MSFT)$  📊📉📊 AI Earnings Reacceleration Meets Valuation Compression: Scepticism Still Dominates the Narrative 📊📉📊 📊 The Bloomberg chart reinforces what the market is quietly signalling. Forward multiples across Alphabet Inc. ($GOOGL), Amazon ($AMZN), Microsoft ($MSFT) and Meta Platforms ($META) have been structurally compressing since mid-2023 despite one of the strongest earnings upgrade cycles in recent history. I’m looking at this through a purely fundamental lens. If this were a speculative AI bubble, price would be outrunning earnings. Instead, earnings are outrunning price. 📊 Current Valua

$NVDA$ You have to admit — 200 is a tough ceiling. This week's institutional spread: sell the 202.5 call $NVDA 20260424 202.5 CALL$ , buy the 207.5 call $NVDA 20260424 207.5 CALL$ . Expecting a broader chip pullback after Intel earnings — that 182.5 put $NVDA 20260424 182.5 PUT$  is still open. That said, NVDA likely stays above 190 this week. $TSLA$ Institutional spread this week: sell the 400 call $TSLA 20260424 400.0 CALL$ , buy the 420 call $TSLA 20260