ETF market
$QQQ Long Trade Setup – July 10📈
Price formed a tight triangle right at resistance—and today we got the breakout. Looks ready for continuation if volume steps in.
📌 Entry: $556.26
🎯 Target: $560.77
🛑 Stop Loss: Below $554.00
⏱️ Timeframe: 30-min chart
🔍 Why I Like This Trade:
Strong bullish flag breakout after retest
Holding above structure with higher lows
Clean path toward the upper resistance zone
🧠 This setup aligns with the overall tech strength—riding the momentum with tight risk!
Nightly $SPY / $SPX Scenarios for July 10, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 10, 2025 🔮
🌍 Market-Moving News 🌍
🏦 Global Banks Profit from Tariff Volatility
Major banks like JPMorgan, BofA, and Citigroup are expected to see ~10% growth in trading revenue in Q2, fueled by volatility from President Trump’s tariff policy shifts. Treasury trading volumes hit record highs as markets priced in policy swings
📈 S&P 500 Nears Lull Amid Bull Market Strains
Despite record highs in 2025, investors are warning that the rally may be reaching its limit. Bullish sentiment is strong, but analysts caution that sluggish consumer spending, rising inflation from tariffs, and few rate-cut signals from the Fed could cap downside momentum
🐻 Bear Case Gains Ground
Stifel’s Barry Bannister projected a potential ~12% correction in the second half of 2025. Key risks include slowing consumer spending, weak capital investment under tariff uncertainty, and persistent core inflation above 3%, negatively impacting earnings and growth outlooks
⚖️ “One Big Beautiful Bill” Could Add Trillions in Debt
The new fiscal package signed July 4 will add $3–4 trillion to national debt over the next decade while extending tax cuts and revising EV incentives. Bond market and Fed policy implications may become more pronounced if growth fails to keep pace
📊 Stocks vs Bonds: Diverging Signals
While equities climb and megacaps extend gains, Treasury yields have risen five days straight—signaling growing caution over real growth prospects. The yield curve steepening hints at mixed signals: growth optimism in stocks, but bond market signaling economic risk ahead
📊 Key Data & Events
📅 Thursday, July 10:
No major scheduled economic releases. Markets remain driven by tariff headlines, bank earnings reactions, and evolving Fed signals.
⚠️ Disclaimer:
This is for informational and educational purposes only—not financial advice. Consult a licensed advisor before making investment decisions.
📌 #trading #marketvolatility #tariffs #banks #Fed #debt #technicalanalysis
$IBIT a BITCOIN ETF Is Breaking Out of a Flat BaseNASDAQ:IBIT I have been looking at this for quite awhile now. I drew in an “area” of resistance, and it has hit that twice in the last few days. I bought a position on Jul 3rd and was stopped out. It just broke again so I have opened yet another position and will use a stop on a close below the 21 EMA (blue).
If you like this idea, please make it your own and trade it only using your own trading plan. Remember, it is YOUR money at risk.
TOM LEE leading the charge in this new BULL MarketThank you for providing excellent analysis,
being on the right side of the trade
and helping retail with your public speaking on your own channel, podcasts, and of course CNBC.
I wish you continued success in you Granny shots ETF which is already over $1.5 Billion in AUM!
Multi Market Update 7-9-2025SPY likely put in a C wave this morning, I expect a further move down for the rest of the week. Gold starting to look bullish again. Natural Gas likely keeps dropping towards 2.5. BTC at the top of it's range. USOIL is at resistance. The stock I'm trading - aapl - is showing a bear flag on small time frames
Sprott Copper Arbitrage against LME copper futures, discount 20%Currently COP.UN (traded on TSX, Toronto Stock Exchange) is showing some substantial discount again against NAV. Discount is more than 20% which basically means that you can buy copper on the world markets (LME) with a 20% discount! I expect discount will narrow again in coming weeks and wil go back to minus 10 or even better.
A more detailed description can be find below of all facts and figures.
Current Situation:
Discount to NAV: COP.UN is trading at just over a 20% discount to its net asset value (NAV). Essentially, this means you can buy copper exposure at a significant discount to the current market price.
Copper Storage and Transfers: The trust’s copper is stored in LME-approved warehouses and is increasingly being shipped to COMEX warehouses in the U.S. The reason is straightforward: copper prices on COMEX are currently higher than on the LME. By moving copper to COMEX, Sprott can sell inventory at better prices.
Mechanism for Payouts: The proceeds from selling copper at a premium on COMEX versus the LME can be distributed to unitholders as a special cash distribution (dividend). This provides a direct way for investors to benefit from arbitrage between exchanges.
Redemption Option: Institutional investors can redeem trust units for physical copper, subject to minimum tonnages and fees. This helps keep the trust price connected to physical copper markets and offers an arbitrage route if the discount remains wide.
The Opportunity:
This setup offers trading houses huge opportunities:
Arbitrage Play: Buy COP.UN units at a >20% discount, redeem them for physical copper, and sell the metal at spot prices, pocketing the spread (net of costs).
Dividend Upside: Hold COP.UN units and potentially benefit from future special dividends if Sprott continues moving copper to COMEX and realizing higher sales prices.
Useful Resources:
COP.UN Prospectus (Sprott Physical Copper Trust) cop-prospectus-en.pdf
URA Long CallURA and CCJ are sitting at Volume Support and Darvas support levels.
Prices have also set up a minor low signal.
The trend has started to move to sideways, would would be confirmed today. Therefore, we need to be more aggressive in our stop loss and profit target. I like a move back up to the $38 level.
Entry $36.62
Stop Loss: 20% - Due to trend change.
Profit Target - $37.95
Nightly $SPY / $SPX Scenarios for July 9, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 9, 2025 🔮
🌍 Market-Moving News 🌍
📦 Tariff Pause Extended to August 1
President Trump delayed the July 9 tariff deadline, pushing negotiations into early August. Markets reacted with muted volatility, suggesting growing comfort that deals will be struck—yet widespread uncertainty remains
💵 Junk Bonds Rally Amid Tariff Tangling
Despite ongoing tariff risks, investors are doubling down on U.S. high-yield (junk) bonds. They anticipate the Fed may refrain from tightening further—favoring spread-tightening to around 7–8% yields—reflecting confidence in credit quality
🏦 Fed Faces Tough Call on Rate Path
New business surveys show conflicting signals: mixed revenue outlooks, cautious spending, and ongoing tariff pressures. The Fed must weigh slower growth against inflationary risks—keeping the door open to rate cuts in the autumn but unlikely before September
📊 Equities Firm Amid Tariff Uncertainty
Stocks showed resilience—S&P 500 and futures held position—after Monday’s tariff-triggered dip. Dip-buying and expectations of extended trade talks kept markets steady despite policy noise
📊 Key Data Releases & Events 📊
📅 Wednesday, July 9:
All Day – Ongoing U.S.–tariff negotiations; markets focused on any progress toward formal deal-making or extension terms.
Midday – Watch for headlines on tariff letters to 14 countries and any movement in trade discussions.
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #tariffs #Fed #fixedincome #credit #technicalanalysis
$TAN $65 STRIKE CALLS EXPIRING JAN 15, 2027 (17 MONTHS AWAY)WILL THIS PRINT???
AMERICA WILL RUN INTO A POWER CRISIS 2025-2035
The U.S. power grid is nearing a breaking point as AI, robotics, and data centers drive unprecedented electricity demand. By 2030, data centers could consume 9% of U.S. power, doubling from 2023, with AI queries alone using 10x the energy of a Google search. Robotics and manufacturing add further strain. The grid, however, is unprepared—aging infrastructure, permitting delays, and labor shortages hinder upgrades. Virginia and Texas already face shortages, with grid connection wait times up to 7 years. Renewables can’t scale fast enough without $720B in grid investments. Tech giants’ carbon-neutral goals may falter, relying on fossil fuels. Without urgent action—faster permitting, workforce growth, and innovations like microgrids—power shortages could cripple AI progress and the digital economy.
They can drill baby drill, but the private sector has solar. Tesla should be in this ETF. The US gov't may even print more billions and pump into this sector. ITS BLOODY OBVIOUS.
IBIT - Trying to Confirm Upside BreakIf you are wanting BTC to breakout this is a very important chart. There is a chance IBIT is frontrunning the BTC breakout.
For the past 45 days IBIT has been forming some sort of parallel channel breakout with the top trendline being our orange trendline. We have had many touchpoints of resistance on this trendline (red arrows). Recently price broke out to the upside and re tested our orange trendline as new support (green arrow). This is a really good early signal of continuation to our 1.618 extension level. In addition to the trendline retest we have also seen the ltf 0.618 Fibonacci level holding as support.
However BTC is the main factor of if this will be a successful breakout or not. Right now BTC is still struggling with our red trendline of resistance. If BTC fails and starts to fade then IBIT will fall to and this will become a failed breakout. Will update this post when more confirmations develop.