This market has been brutal for growth. People are losing money and they’re angry. I get it.
But I’ve met some of the big accounts getting dragged right now. They’re real people, some with children, working as hard as anyone here. They’re not some villainous masterminds.
Are people accountable for what they push? Absolutely. But a subscription is one click to cancel. No one is forcing anyone to take a trade. We’re all fighting the same algos and macro headwinds.
I miss when this place was about sharing ideas, learning from each other and talking markets. Lately, it’s become a cesspool of noise and hostility. Just be kind ffs.
$SPY That's a pretty ugly candle. Four rejections around 775–779, followed by a sharp selloff that took out both the 10-week and 50-day.
733 is where we closed, with 729–732 immediately below. That's an important confluence of support, including the 40-week SMA and July low. If we lose that, 716–723 is the next area I'm watching.
Not a great look, but we're approaching an important support zone. Let's see if buyers show up. First step is getting back above 763–767.
Amanda retweeted
“There are those that look at things the way they are, and ask why? I dream of things that never were, and ask why not?”
― George Bernard Shaw
Women are the soul of a nation. They are its conscience, its memory, and its possibility.
As Bernice King reminds us, women must be part of the conscious decisions that shape and govern our lives.
Seventeen women will soon serve as governors, a record. Barriers once thought immovable have fallen. A Black woman will lead Georgia. A Native American woman will lead New Mexico. A Latina will lead Texas. Think about the generations of girls who will grow up seeing these women in positions of power and knowing that those possibilities belong to them, too.
There is something incredibly exciting about witnessing this shift. Representation means seeing more of ourselves reflected in the people shaping our future, and realizing that we, too, have a hand in building it.
For too long, women’s voices waited at the edge of the table. Now, they’re taking their seats, and I couldn’t be happier to see it.
Matriarchy is rising. This is only the beginning. 🌹
forbes.com/sites/kimelsesser…
$QQQ daily, and the shelf did not hold. Price fell 6.5% today and closed at $647, right on the lows, after losing every level I had marked on the way down. I had this exact path written out last time and the levels were right, but I’m a lot better at marking my downside levels than I am at trading them. 🥲
The first support is around $637–644, and bulls need to get back above $661 before this looks like anything other than a downtrend.
$QQQ (Nasdaq 100 ETF) daily.
Down about 7% from the $763 ATH. Friday closed at $709.80 (heaviest volume since June).
That’s the 4th test of the $700–707 shelf since August. If we lose it, $682 is next, then $661. That’s the Jul 29 low, the YTD AVWAP and the 50-week SMA all in one spot.
Bulls need $719–727 back. That’s the 50-day SMA and the Jul 29 AVWAP.
For a long, I’d like to see a higher low form, then a retest. SL below $696, first target $748.
If the shelf breaks, I’d watch $682 for a potential bounce and look for a reclaim of $700 before considering a long. SL below $681.
$NVDA The weekly trendline I flagged earlier gave way and the stock gapped straight through the 200 SMA without stopping, closing at $181.60 on heavy volume.
That gap is now open overhead and sits right under the 200 SMA at $204.7 and the YTD AVWAP at $201. Bulls need to reclaim that before anything else matters. First support is the $175–179 area, and below that the $164–171. A close under $164 would break the lows of the whole uptrend. Best to wait for price to reclaim.
$NVDA sitting right on support. Zoom out to the weekly and the April 2025 low, the July 2026 low, and today’s low all sit on almost the exact same rising trendline.
Range’s been narrowing though, resistance climbing slower than support since last year, so this is more a tightening wedge inside the uptrend than a clean channel. Still constructive, just worth knowing.
Not a bad spot to add here with a tight stop below 200.
$NBIS update: I’d really like to own this one and I’m watching it closely.
The breakout failed, and price slipped under the July 29 low at $145.80 before gapping down 15% today to close at $120.37 on heavy volume.
It’s now sitting right on the March lows at $112–113. If it breaks, we're looking t $107.50–110 next and then $89.65.
Before I get in, I want to see $112–113 hold and the hourly make a higher low, since I don’t like buying the first touch of a level.
Bulls need to reclaim $134.80–141 first, which is today’s gap plus the Oct 2025 high, and then $145.80 and $160–164 after that. The big one is $178–183, where the 200 SMA, the YTD AVWAP, and the Aug 7 low all meet, and until price gets back above it the trend is down.
Earnings on Nov 12.
$NBIS daily.
The breakout failed. Price lost the rising trendline, the $195–204 shelf, and now the $160–164 support zone. Closed at $159.17.
Next level: $145.80, the July 29 low. That needs to hold.
Bulls need to reclaim $180.60 first, then $195–204 and $217. Until then, the trend is down. Don’t fight the chart.
$W (Wayfair) weekly.
I'm watching this one. Pretty aggressive rejection from the breakout zone I was looking at yesterday. Gapped up to $128 on Wednesday's earnings, only to give most of it back today. Now sitting inside the gap around $112.
Not entirely surprising given the broader market weakness, but not the follow-through I wanted to see.
I don't mind this level as long as it holds. A higher low here and a reclaim of $116–118 is what I'd like to see next.
$111.32 is the downside level I'm watching. Below that, trendline/50-day SMA support comes in around $106.
Still like the bigger picture. Reclaim $128 and there's room toward $137, then $160. Not much resistance above that until the old 2021 range
For real. Pelosi immediately killing the vibes
Here’s the thing, Nancy. Last night wasn’t just the American people defeating Republicans. It was the American people rejecting the establishment, spineless, corporate wing of the Democratic Party. Makes no sense to maintain the leadership of that wing.
Readers added context they thought people might want to know
Comparing candidates on electoral swings shows the opposite: progressive candidates vastly underperformed the moderate ("establishment") ones. Without the large shift seen in the national electoral environment, they likely would have lost.
x.com/micah_erfan/st…
Amanda retweeted
This is pure gold!
Abdul El-Sayed trolling Trump and JD Vance after winning Michigan’s Senate race:
“JD, habibi, there is this delicious irony in the fact that you’re constitutionally obligated to swear me in, in January.”
“Donald, look, I know you struggle with my name, so after JD swears me in, you can just go on and call me Senator.”
Amanda retweeted
We got your back, New York!
Readers added context they thought people might want to know
Several figures here aren’t federal results or NY-specific. The $472B combines US wide pledges: Micron's $250B is nationwide (NY site $100B) Anthropic's $50B covers TX and NY. The 48% murder drop is from NY's state run GIVE program (28 departments, Jan – May 2026).
arkolith.com/news/news-micr…
therepublic.com/?p=843020
governor.ny.gov/news/safer-str…
Friendly but aggressive reminder to GO VOTE TOMORROW.
Vote like your rights, your healthcare, and your neighbors are on the ballot, because they are.
I know the “both sides suck” fatigue is real. But so are war, genocide, corruption, and the very real consequences of who gets to make decisions for the rest of us.
And staying home still picks a side, whether you mean it to or not.
Go vote.