To The Moon

News and my thoughts from the past week (26Oct2026) 1. Major-company job cuts — American Express: 5%, about 3,500 employees; Barclays: 5,000 as AI improves efficiency; eBay: about 9%; Netflix: 6% globally, about 1,000 (WSJ via X user Zerohedge). Comcast plans significant cuts before its NBCUniversal spinoff (Bloomberg, 21 Oct). Perspective: cost savings are visible; extra AI revenue remains uncertain. 2. Morgan Stanley cuts its AMD chip forecast — Its 2026–2030 graphics-chip (GPU) forecast fell 43%, from 14.1 million to 8.0 million units: 5.9 million fewer (Morgan Stanley chart, 14 October). Perspective: weaker demand echoes the revenue and spending concerns in items 3 and 5. 3. AI revenue: expectations versus results — Rand Group Research compares combined OpenAI and Anthropic annual recu

The average high-yield bond now yields 8.14%. Six months ago it was 6.75%. The weakest slice, rated CCC and below, went from 12.97% to 17.99%. Same market, same six months. The average moved 1.39 points. The bottom moved 5.02. WHY THE AVERAGE LOOKS CALM An index is an average. An average can sit still while one part of it falls apart, because the healthy parts pull the number back toward the middle. That is true of a bond index, a sector fund, and your own options book. If you only read the headline number, you find out about the tail last. Here is how to split an average and see where the move really came from. THE THREE CHECKS Check one: write down the move in the headline number between two dates. Pick the dates before you look, so you don't choose the window that tells the best story.

The market is giving mixed signals, and Monday’s best opportunities may come down to how price reacts at key technical levels. Here’s what I’m watching across $SPX, $AAPL, $AVGO, $SPOT, $NOW, $CRWD and $IREN. 👇 🔹 $S&P 500(.SPX)$ Friday’s price action was indecisive, but the index is not oversold. 📉 Bearish below 7,632 🎯 Targets: 7,603 → 7,583 🚧 Hard resistance: 7,647.2, then 7,651.9 📩 I send modeled levels for the next session by email every day. Join the list via the link in bio. 🍎 $Apple(AAPL)$ Indecisive price action near the upper Bollinger Band has historically led to a pullback toward at least the 20DMA. This time may be no different, with 338 in sight. ⚡

$Alphabet(GOOG)$   Simple, nobody knows. whoever tells you they know, are foolish. nonethless, if you run back to the scenario of msft back when it was dropping everyday, 14 consecutive red candles. Why? Capex worries. And when MSFT announce their ER on the 2nd time, what happened? it went from 320 levels to 450 level. Msft is at 500-ish now.  These are the companies that can scale in this AI narrative. MSFT, AMZN, GOOG, now meta and very likely, TSLA. Hence, it is a good opportunity to accumulate. Also, midterm elections will affect stock prices for sure. I mean it in a good way. Correction is needed in order to sustain this bull market. 

Wall Street is expecting a strong earnings season, but there is a detail investors should not overlook: much of the expected profit growth is coming from a surprisingly small group of companies. Analysts expect S&P 500 companies to deliver approximately 30% earnings growth in the third quarter compared with a year earlier. According to the figures cited in the report, Nvidia and Micron alone account for 34% of that expected growth, while just 10 companies contribute roughly two-thirds. That raises an important question: Is the US stock market experiencing broad-based earnings growth, or is it becoming increasingly dependent on the AI boom? 1. AI is driving earnings expectations Nvidia and Micron are benefiting from demand for AI computing and memory infrastructure. Broadcom and Meta ar

🔻 SHORT-TERM OUTLOOK: BEARISH The $S&P 500(.SPX)$ rejected daily resistance, just as expected. The October low target has been hit. ✅ Now watch for one quick bounce into the 7,660–7,690 daily gap. That zone should attract sellers again. 🎯 Next downside target: 7,558 — the equality target. ⚠️ If SPX breaks above 7,690, expect a larger bounce before another leg lower toward the September low. 📅 FOMC Wednesday. Stay alert. 🚀 THE ROAD TO 10,000 Short term: Pullback. Big picture: Still targeting 10,000. Two possible paths from here: 🟢 Path 1: Shallow Dip SPX pulls back to 7,400–7,300, finds support, then makes one final push higher. 🔴 Path 2: Deeper Correction The rally from 2022 is complete, and SPX drops toward 7,000 before the next major move. 🎯