Video summary
The stock market is poised for significant movement this week, highlighted by a strong 8% gain in the S&P 500 on Friday as it bounced off the critical support level of 760. While the market has not yet fully broken out, buyers are actively entering at these key levels, with the next major resistance expected around 775. Technical analysis suggests an inverse head and shoulders pattern is forming in the charts, which could signal a move toward all-time highs once the price clears roughly 725 to 730. Despite some fear surrounding artificial intelligence causing a pullback in certain tech stocks, the overall sentiment remains optimistic as investors wait for confirmation of this potential breakout.
Among the standout performers is Apple, which has completely broken out and is pushing toward new highs driven by excitement over upcoming products like the iPhone Duo and new AirPods. The stock recently filled a gap back up to 340 after dipping to 300 following earnings reports, demonstrating strong momentum that significantly outperformed the broader S&P index over the same period. Analysts believe this positive trajectory could continue through the end of the year as new features like Aentic and Siri generate further hype. Additionally, ServiceNow is presenting a compelling opportunity for investors who missed the initial rally, as the stock has pulled back to find support near its 180-day moving average after dropping from highs around 150 to roughly 128.
Another notable mention is Robinhood, which has experienced a healthy pullback to the low 110s after hitting 126 recently. The creator of the video believes this dip offers a major buying opportunity, especially with Bitcoin recovering and potentially breaking above 90,000, which would likely boost Robinhood's crypto trading volumes and earnings. Similarly, Blue Moon Metals is gaining attention due to recent positive news regarding its strategic acquisition of water rights and land packages in Nevada and Norway. These developments support the company's plan to develop a hub-and-spoke business model for critical metals, with fundamentals improving as they advance several brownfield projects including their copper, gold, and silver operations.
Finally, Tesla remains a key focus heading into the week as it struggles to sustain gains above 370 after briefly touching 385. The stock has retreated to around 365 following a drop from lows near 290, creating a potential entry point for those looking to catch a move back toward the 400 to 450 range. While a full breakout is expected above the mid-400s, the underlying fundamentals related to FSD and the Optimus robot suggest continued interest. The video concludes with an invitation for viewers to engage in the comments about these stocks and upcoming products, while reminding everyone that this content is not financial advice and encouraging them to do their own research before investing.
Read the full video transcript
So things are about to get interesting
this week in the stock market, guys. I
want to break down a couple stocks. I'm
watching the overall markets, the
charts. You guys know the drill. So
let's dive into it. So as of right now,
the S&P on what Friday had a nice8%
green day. We're seeing a nice bounce
off roughly 760 on SPY, which is very
critical on the charts. Um considering
that was resistance, you guys know for
for a couple months, right? SPY was
struggling to break through 760 all
throughout the end of May. Um, pretty
much up until what the beginning of
August, then we broke right through it.
So, we we saw the draw down from the
middle of August. We hit about 780. Um,
so we got that draw down to about 760
and that's where we got the pop. That
was on Friday. Again, we had a nice $56
green day.
So, we're not completely breaking out
yet, obviously, uh, but we're starting
to see buyers come in exactly where we
want to see them. Again, 760 on SPY, and
now we're wrestling with these moving
averages at about 765,
770. And really, the breakout spot would
be um around 775 in my opinion based on
these charts. 772. And looking at the
Q's here, let me pull the cues up, guys.
Uh it's it's not looking as clean, but
we are noticing an inverse head and
shoulders. Uh we have the left shoulder
here, the head, the right shoulder, the
whole shebang. You guys see that on this
4hour time frame, but it's not playing
out yet. And for this to actually break
out, the cues need to take out roughly
720 725 really for that uh you know,
right shoulder to play out. Then then I
think we might be going to all-time
highs. But we're seeing a lot of, you
know, fear around AI, the end of
humanity, which we're not going to get
into that um in this video. Quite
frankly, I think it's a lot of FUD right
now, but we'll save that for another
video. And listen, the Q's haven't hit
all-time highs since June. We're talking
3 months. Um, but I think it's coming. I
think the breakout's coming. We just
have to be patient. The writing's on the
wall again. Inverse head and shoulders.
Let's see if we just now break out of
725
um 730 which if I set my alert there now
that would be smart. Let me do that now
very quickly here guys. Uh mark is that
we're above 730. So overall we're close
to a breakout on spy in the cues. Uh but
not 100% there yet. And like I said some
of these tech AI stocks are not doing
the best right now. They've been pulling
back for a couple of days, but names
like Apple, guys, Apple's completely
breaking out. We had a 2% green day on
Friday. This stock's pushing towards
all-time highs. We got word of the
iPhone Duo, which everybody's heard of
that now. Um, that's causing some hype
in the stock, the iPhone 18 releases,
you know, all that stuff. New AirPods,
you name it, which is exciting. And what
do you guys think about the duo, by the
way? Let me know in the comments. I'm
super curious. Um, are you guys buying
it? Are you avoiding it? Do you think
it's um kind of uh it's it's a different
phone obviously, but do you think it's
too different? Do you think people won't
be able to adapt to that product? What
do you guys think? Uh, I think it's
pretty cool personally, but I'm not sure
if I'm going to go hop in and get it.
Um, I think it's $2,000 starting price.
$3,200 if you get uh the fully decked
out model, but you know, it's it's going
to serve the market uh for some people.
We'll see. Let me know in the comments.
But clearly, the stock is moving. And
right now, we're slowly we we have been
slowly filling this gap back to 340,
which is where Apple was um when they
reported earnings a couple weeks ago. In
the end of July, the stock hit 345. It
got down to 300 and like we said, it
seemed like an easy buy the dip and it
slowly filled that gap back up. I mean,
look, if you just bought it at 300, not
financial advice, but you'd be up 10%.
Where the the S&P over that same time
period is what, flat, barely up, maybe
down, you know. So clearly Apple's been
doing well, outperforming um the S&P
over the last couple of weeks and you
could argue that will continue here into
the end of the year. You know, there's a
lot of exciting things. Um again, the
duo, these new products, Aentic, Siri,
you name it. So I think Apple could
continue to do well into the end of the
year. I'm looking at service now
potentially for a trade. um ticker NOW.
This thing is down what from 150 to
about 128. It hit uh 130. Now we're
seeing support at the 180 moving
average. Um on this 4hour time frame,
buyers are starting to come in. So if
you think software is not over, which I
think it's not over the rally. Um I
think it's just a cool off, a pullback.
Um I think Service Now is almost a
no-brainer. Clearly momentum's been
building up. We called it out in the low
hundreds again. It got to 150. Now we're
at 130. This could be a nice opportunity
for those potentially um that missed it.
Not financial advice. Do your own
research, guys. Um as always, but
service now chartwise looks pretty good.
Same with Robin Hood, which this stock,
you guys know I'm long. I've owned it
from the low mid70s. We hit what 126 a
couple days ago. Now it's at 112. Nice
pullback in Robin Hood. And I think if
it comes down to 105, 1110. Uh well, I
guess 112 is close enough to 110, but
let's say 100 $105. This pocket right
here is going to be a major buying spot
for Robin Hood. And think about it,
guys. Think about it. Crypto is starting
to come back. Bitcoin is not fully
breaking out yet, but it has recovered
massively. And think about the next
quarter Robin Hood's going to report.
I'm looking ahead here and stocks look
ahead. You know, their crypto trading
volume is going to be spiking. It
already is as we speak in real time.
It's going to reflect in the numbers and
that's going to be exciting for
investors. And I think if Bitcoin
continues to go um it's currently at 78
77, if it goes to 80 85, if it if it
holds, you know, breaks through 90,
holds 90, um I think that's going to
reflect very positively. um in their
earnings when it comes to the crypto
segment. And I think Robin Hood's just
going to be boom, ripping uh mid
hundreds, no problem. Maybe not by the
end of the year. Who knows when, but in
due time, I think it'll be back to the
midunds. And the all-time high on Robin
Hood, for those that don't remember, is
the mid hundreds. 153. We hit that back
in um October of last year, so about a
year ago. And uh I think we'll be well
on our way there pretty soon, especially
if Bitcoin um gets back to 90, 100K
plus. Oh, you bet. You better believe
it. Um I think Robin Hood's going back
to the mid hundreds in that case. And
another one I'm watching right now,
guys, is BMM on the NASDAQ. Let me show
you this one, which I think we covered
it a couple weeks ago. Um BMM
is is currently in a slight downtrending
channel, but it's trying to break
through. We tried breaking out a couple
days ago. Uh we got hit at about $6.50.
Now we're in the mid5s. I think this
could retest and ultimately break in due
time. Not financial advice. Again, none
of this is financial advice. Trade at
your own risk. But this is a name that
I've been watching again. And the chart
looks pretty good considering um a
couple months ago we were we were what
$3 $4 a share. We got all the way to
nine and now we've been kind of chopping
down here over the last couple months.
Um and we've gotten some good news.
Fundamentals are getting better for this
company, Blue Moon Metals. And I think
we're going to start taking out the
sixes here, mid sixes. And if this
channel really takes out, we take the
mid6es out, uh, Blue Moon Metals, I
think's gonna fly. But let me show you
this some news we got regarding this
company. Give me a second here, guys.
Uh, let me pull this up. Boom. And by
the way, Blue Moon Metals, they're
actually advancing five brownfield poly
metallic projects, including the new
seere copper, gold, silver project in
Norway, right? the NSG copper zinc gold
silver project in Norway and the Blue
Moon Zinc Gold Silver Copper project in
the United States and the Springer
project uh which we got some news
regarding here and we might as well go
over that now. The Springer mine is
located in Persian County and is part of
the rich mining landscape that has long
define northwestern Nevada. Right. And
the Springer tungsten mine is planned to
be advanced through a multi-phase work
program this year, 2026, which is why we
covered it a couple weeks ago. We're
talking about it now. I'm excited um
about this, right? And the initial phase
will focus on a detailed review of
available historical information
including drill logs coreware accessible
right cross-sections assay data and the
existing block model covering the Sutton
one and Sutton 2 tungsten scarn deposits
and blue moon intends to develop a hub
and spoke business model by acquiring
and developing smaller high-grade
underground critical metals.
mines in western um the western United
States and processing the mineralized
material at the Springer property and
and another main property here is the
Newir property in Norway. Newir consists
of 100% owned um deposits and
infrastructure at the Brownfield Oyan
industrial site and we're talking
undergroundfield copper mine. We've seen
a maiden feasibility study published
with a final investment decision
declared in April 26. Mineral reserves
and mineral resources and the new year
property is previously producing copper,
silver, gold mine which is located again
in Norway. And speaking of the news that
I kind of hinted to earlier um in this
video, let me show you this here guys.
Um, we can see here that Blue Moon
acquired strategic water rights and land
package for Springier. Yes, you heard
that right. Um, and they entered into a
definitive agreement to acquire this
land package and the associated water
rights located near the company's
Springer Mine in Persian County, Nevada.
Right. And we can see here, this is from
a third-party vendor for consideration
of around $3.5 million in cash and $4.5
million in common shares of Blue Moon.
And the CEO said, "This acquisition more
than doubleser's existing water rights
and ensures that Springer retains its
flexibility to grow its its um, you
know, business into the future as a hub
and spoke processing complex. The land
package can also act as a strategic uh
logistics hub with access to highway I80
and adjoining the Union Pacific Rail
Line. So, this is big news as the
property consists of over 2100 acres of
land in Persian County, Nevada, bounded
by I80 on one side and the Union Pacific
Rail Railroad on the other side. So, you
guys need to add this one to your watch
list. Again, we talked about it a couple
weeks ago, mentioning it again here with
the news um that we just got BMM on the
NASDAQ. And I'm not done yet here, guys.
I'm not done yet here, guys. Tesla Tesla
heading into this week is in a major
major point or at a major point on the
charts. Um, obviously fundamentally
we're seeing things with robo taxi FSD.
Uh, we're hearing about Optimus, which
we're not going to talk too much about
that, but on the charts here, it it's
it's still struggling to break through
um the mid high 300s, roughly about 370,
which we tried the other day. We got to
385, failed to really hold it. Uh, we
got down to about 360, 365. Now we're
trying to break back through and I think
[laughter] I think it's coming, guys.
And I'm close to even adding more Tesla,
you know, even though it's up a good
amount off the lows. Uh we hit 290. I
bought some at 305, I think. 306, 330.
Now we're at 365. I'm tempted to buy
some here before it runs and ultimately
fills this gap. I think it'll fill the
gap back to the 400 450 range. Uh which
gives it another 20% upside from here.
And that's, you know, without a really,
you know, real full breakout. I think a
full breakout comes um above the mid
400s. And that's kind of where the
stock's been struggling all year. So,
what do you guys think? Let me know in
the comments. These are a couple stocks
I'm watching right now. Kind of where my
head's at on these charts. And I'm still
on vacation. Things are not normal.
Obviously, I'm not making nearly as many
videos. Uh, but that's not going to be
the case for much longer here, guys. I'm
going to get back to it in about a week
and we're going pedal to the metal in a
week and you're going to see my face a
lot more. We're going to be covering the
markets a lot more. So, make sure to
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