Welcome back, traders, investors, and chart enthusiasts! Whether you’re a day trader, swing trader, or just love following the flow of the market, let’s get right to it!

The Week in Markets: News and Volatility

What a week! Tesla’s wild volatility, social media drama between Elon Musk and Donald Trump, and echoes of high school drama in the markets. Events like these set the stage for sharp moves—great for traders, wild for stomachs.

“What a wild day. I mean, there’s been so many things to talk about. We had that crazy movement last week with Tesla and Donald Trump and Elon Musk sort of having their back and forth there. It felt like high school all over again.”

So, how did the traders play it?

Tesla: The Ultimate Cult Stock

Tesla’s price action was front and center, and both hosts and Brian echoed the sentiment: it’s a cult stock, a day trader’s playground, and an emotional rollercoaster.

• Big Support Levels: Anchored VWAPs from recent lows, 50-day moving averages, and those magical Fibonacci retracements—Brian watched the 61.8% retrace and saw buyers step in.
• Resistance: The $330 level, previous support now flipped to resistance, loomed right above. Perfect trading battleground.

“I guess we came down to a 61.8% retracement. The anchor off of the April 7th low and that 50-day moving average. So that was a natural place to look for the buyers. But it was pretty volatile in there, as you know. So for me it’s been more of a day trading stock, and we’re coming into your level 330, which is, of course, where we broke down from that prior support tends to act as resistance.”

Key Takeaway: Tesla remains best suited for nimble day trading, rather than big swing bets—especially as it approaches key technical levels.

Disney’s Rollercoaster Ride

Disney (DIS) is making long-term investors either celebrate or grit their teeth. After peaking in 2022 and again in 2024, it’s flirting with resistance yet again—making traders question whether to trim or ride it out.

• Multiple Tops: Every couple of years, Disney hits the same ceiling, then drops.
• Recent Rally: Disney popped 50% off April lows—huge by blue-chip standards.
• Technical Setup: Anchored VWAP from all-time highs, watching for higher lows above the rising 20-day moving average.

“I think it’s always wise to look to trim some on a breakout, you know, into a level that’s been resistance… Ideally, it can kind of hold above that. You know, I’d say probably 110, 112 level. Hold that rising 20-day moving average, let’s say. And as long as it’s making higher lows above that, I’d say stick with, you know, the portion that you’re looking to sell until it breaks the higher lows with that 20-day moving average.”

Should You Trim Disney Here?

If you’re looking at Disney with nervousness, you’re not alone. 50% off lows is a big run. Into overhead resistance? That’s often when to get defensive.

Brian’s approach? Sell some into strength, trail a stop below the 20-day, and don’t add. Ride the trend until it breaks.

Rubrik (RBRK): Is the Dip Worth Buying?

Fresh IPOs and high-flyers often get love and hate, and Rubrik is no different. Recently, after a hyped earnings call, RBRK slid for three straight days—sparking questions from active traders.

• 3-Day Post-Earnings Rule: Some traders wait three days after earnings to consider a dip buy.
• Support Zones: Anchored VWAP from the gap in April and the 38.2% Fibonacci retracement are key levels.

“I was pointed to the anchor off of this gap here in April and how it had been support previously and this is a logical place to look for the potential of support. But below that declining five day moving average.”

Brian’s Bottom Line on RBRK

No current position. Might get interesting if it gets to those retracement levels, but not jumping in yet. For traders inclined, play it tight on short-term charts—1 or 2 minute timeframes.

Cybersecurity Sector: Crowdstrike, Okta,
Zscaler & More

The cybersecurity sector is an always-hot battleground for traders, especially during earnings season. Here’s a quick rundown:

• Okta: Got hit hard, still acting weak.
• Crowdstrike: Took a dip but rebounded off its 20-day moving average.
• Zscaler: Strongest, but overextended and struggling at its 5-day MA.

“Crowd got hit hard but it’s bouncing back really nicely off of that 20 day moving average. So this is the one that seems to be the lowest risk in terms of where you can, you know set your stop and manage that risk against otherwise Z scaler is the strongest one but it’s so extended up here and it’s just having some trouble with the five day moving average that I think it’s late in here.”

Sector Favorites

• Favorite Cybersecurity Play: Crowdstrike (CRWD)
• Riskiest/Overextended: Zscaler (ZS)
• Defense: Play near clear technical support, otherwise avoid adding at highs.

GameStop and “Cult Stock” Volatility

No trading podcast or TV show is ever complete without a “meme stock” mention. GameStop (GME) has become a symbol for both FOMO and frustration.

• New Developments: Crypto plays, including buying 4,700 Bitcoin. Earnings beat (barely), but sales missed.
• After-hours Stock Slump: Down 6%, well below implied volatility.

Is GME a Dip Buy?

“So I don’t mind this if it falls into those levels. Maybe we can play that if we have a couple bad days like that rubric off of earnings. If we have a couple negative days. I think GameStop looks somewhat constructive down here, especially if we get a chance to buy it near the 200 period.”

• Buyer Interest Zones: Low $27s—year-to-date anchor, 50 and 200 day MAs all converge.
• Brian’s Opinion: Pass for now. Calls it a “broken stock” and prefers to only trade it very short-term if at all.

Tip: If you do trade GameStop, keep things extremely tight and treat it more like a day trade than an investment.

Uranium Plays: SMR, NNE, and URA

One of the hottest thematic trades of late has been nuclear energy and uranium. From SMR to NNE to the URA ETF, these stocks have attracted both momentum chasers and long-term bulls.

• Boost from Politics: A recent bill signed by President Trump sparked big moves.
• SMR: Shot up after the announcement, then faded.
• NNE: Also a recent daytrader’s favorite, but finished with a failed move.
• URA ETF: Continues to test resistance around the $34 area.

“Well, you know they’re really high octane stocks. I mean stocks like SMR and E oklow they have 10% or greater average true range per day. So URA, it’s kind of similar in a way to Disney. If you look at the weekly chart we kept coming up to this 34 level. We’re there again, we’ve broken out. We you know, after a 75% rally here in just the last two months, I agree with you that I think it’s probably getting a little long in the tooth here.”

Key Takeaways

• Volatility: These stocks move 10%+ per day—trade accordingly.
• Too Late? After 75% gains in two months, it might be time for a pause.
• Trading Advice: Only for the nimblest of traders, be ready to use bigger stops if you play these names.

INTC: The Intel Reawakening?

Intel (INTC) has been a sleeping giant for years but just posted an 8% pop, stirring up new buzz:

• Technical Shift: For the first time in over a year, INTC is above a now rising 200-day moving average.
• Daily Chart: Clean move through the 200MA, suggesting possible trend change.
• Setup: Look for pullbacks near the anchored VWAP and rising long-term MAs.

“So that’s the first time that we’ve seen a rally above the 200 day moving average. If you remember. You know, when we were talking about it back in here, I said I don’t trust it. Because of the 200 day moving average is still declining now. Things have changed.”

Should You Chase an 8% Move?

Brian’s answer: “I think it’s time to start taking a little bit seriously and, you know, maybe look for a pullback down to the weak date anchor and then buy strength off of that…”

• Bottom Line: Don’t chase, but start putting INTC on your radar for serious accumulation if it consolidates.

Stocks on Brian’s Radar: Uber, Amazon, Rivian, SMCI

Let’s finish strong—actionable ideas straight from Brian’s current portfolio and watch list.

Uber (UBER)

• Entry: $84.10 (shared on Twitter)
• Status: Still long, riding the trend

Amazon (AMZN)

• Entry: $207 and change
• Status: Holding, still looks good

Rivian (RIVN)

A huge point here—technical setup is finally turning after a long decline. For the first time in a while, the 200-day MA is rising and RIVN is above major moving averages.

• Entry: $14.25, just above 50-day MA and anchored VWAP from April low.
• Trading Structure: 20 > 50 > 200 arrangement—bullish!

“Rivian looks good because again if they don’t scare you out on this move, they’ll generally wear you out. And now these are the rallies that have failed with a declining 200 day moving average. Now we’ve got the rising 200 day moving average.”

SMCI (Super Micro Computer)

Another former high-flyer possibly ready to break out of its consolidation.

• Key Change: 200-day MA is about to flatten out, then rise.
• Holding: Above both 20-day and 50-day moving averages.
• Brian’s Stance: Hasn’t liked it until now, but finally constructive.

Final Words, Market Outlook & All-Time Highs

As always, there’s a little friendly banter and some big-picture predictions to end on. Attention turns to whether the NASDAQ and Bitcoin might hit all-time highs the following week.

Brian’s take: NASDAQ could get sucked up into new highs, then need a breather. Microsoft just broke its own all-time high. Bulls still have reason to be excited.

Key Takeaways & Lessons

Trading Is a Process:

• Don’t chase hype.
• Use technicals (anchored VWAP, MA) for structure.
• Trim into extended moves, especially at long-term resistance.
• Understand your timeframe—day trading opportunities are often short and sweet, while swing trades need patience and discipline.

Stay Nimble, Stay Humble:

• The market will either scare you out or wear you out.
• Listen to traders who’ve survived more than a few cycles.
• Enjoy the camaraderie and never take yourself too seriously.

The journey never stops—see you out there on the charts!