frankz

Yesterday marked the worst breadth day ever for an “up” day in the S&P 500 — the index closed +0.23%, but under the surface, only 104 stocks were up while 398 were down. Since 1990, the S&P has never had a weaker internal reading on a positive day. Today: Same Story, Slight Bounce The divergence continues.The Nasdaq 100 ($QQQ) is up +0.52%, but the Equal Weight Nasdaq ($QQEW) is down –0.54% — that’s a massive split. Negative breadth doesn’t matter much to the indices until it hits the generals — $AAPL, $MSFT, $NVDA, $GOOGL, $AMZN — but it matters if [...]

One macro spark (trade tensions) and the fragile setup unwound. It was only a matter of time; you can feel it in the air. Breadth had been below its 5-day MA since late August. Indices kept grinding higher — the “market of stocks” quietly diverging from the “stock market.” FOMO was in full swing: names up 3, 4, 5 days in a row were being chased. Everyone knew it… But no one wanted to leave the party. The desperation to try to make up gains that were missed was palpable and apparent. You could read it on the timeline — [...]

You’ve heard the saying: “It’s not a stock market, it’s a market of stocks.”The last month and a half couldn’t have made that statement truer. Breadth, by many measures, has not been great. The numbers are flat, unimpressive, and definitely not representative of the action happening underneath the surface. Take a look: 📊 SPY vs. Stocks Above Their 40-Day Moving AverageIn the first chart, SPY has been in a steady uptrend, but the breadth figure (T2108) has been flatlining. That divergence has been irrelevant. Sometimes you have to stop listening to the indices and start listening to the stocks themselves. [...]

On September 9th, 2025, we posted this video when IONQ was trading at $43.05 👉 Wall Street Digest 9/9/25. Within two weeks, the stock surged to $76.13 — a monster run. We took profits along the way, but it also became a textbook case of over-extension and hype. That same day, we flipped the script. Instead of chasing, we initiated a short by going long IONZ, the 2x inverse ETF. Our average cost: $3.90. As excess has been released from the stock, we’ve been scaling out, selling into strength, and booking gains steadily. IONQ was not the only one we [...]

BTU – Peabody Energy Corp Filed by: Lee Ainslie, Maverick Capital Ownership: 6,647,830 shares (5.5%) Change: +6,615,395 shares (100% new) Filing: SC 13G | Event: 9/19 | Accepted: 9/26/25 WING – Wingstop Inc Filed by: Stephen Mandel, Lone Pine Capital Ownership: 1,491,245 shares (5.3%) Change: +1,491,245 shares (100% new) Filing: SC 13G | Event: 9/19 | Accepted: 9/26/25 ORKA – Oruka Therapeutics Inc Filed by: Andreas Halvorsen, Viking Global Ownership: 2,666,690 shares (5.5%) Change: +2,666,690 shares (100% new) Filing: SC 13G | Event: 9/17 | Accepted: 9/24/25 FORD – Forward Industries Inc Filed by: Tushar Jain, Multicoin Capital Ownership: 13,757,991 [...]

🚀 Watchlist Follow-Up: From Early Themes to Big Moves Two weeks ago, my Sunday watchlist flagged: • $RGTI 16.03 → 28.52 (+77%)• $QBTS 16.12 → 26.88 (+66%)• $QUBT 15.68 → 23.27 (+48%)• $TSLA 340.55 → 426.07 (+25%)• IONQ 43.05 → 70.41 (+62%)• UMAC 10.73 → 13.10 (+22%) These aren’t after-the-fact headlines — they were on the list before the move. 🔒 My Private X Feed The goal isn’t just another chat room — it’s a focused trading army. A group of traders who: Share a passion for the market Use the two scans + setups that consistently produce the biggest [...]

This week’s setups keep circling back to the same themes—quantum computing, crypto, drones, and EV batteries. Most of these names had explosive moves into late 2024, and for the last 8–9 months, they’ve been consolidating sideways. Many now show inside weeks on low volume, a classic “pause before the next move.” Key Setups QUBT – Inside week, sideways near 52w highs. Weekly trigger: 15.70 (stop 14.20). RGTI – Quantum peer. Weekly trigger 16.05 (stop 14.40). Daily also lines up with 15.65. IONQ – Amazon disclosed $36M stake (8/5). Inside week, clean handle. Weekly trigger 43.21 (stop 40.22). Daily trigger 42.75. [...]

Markets were closed on Monday for Labor Day, but the homework continues. Today’s watchlist is built on two scans: 25M+ shares traded in the last 40 days Stocks up 4%+ on 3x volume in the last 40 days These scans surface names in play, with catalysts that can spark further moves. Here’s what I’m watching: $RCAT – Military drones. Weekly setup already triggered, not adding, but still in play. $LIDR – NVIDIA collab, 300M+ volume spike. Buy-stop ~$2.91, stop ~$2.74. $RDDT / $RDTL – Earnings beat, 20% short. Watching for bounce off 21-day MA. $RKT – ValueAct building stake, 44% [...]

Happy Labor Day, folks—markets are closed, but the homework never stops. This week’s watchlist focuses on inside weeks, NR7s, and multi-week contractions—the places where real moves start, not cookie-cutter breakouts. Here’s what’s on my radar: $TRIP → Hedge fund accumulation, tight 3-week range, inside week on lowest 10-week volume. Buy-stop ~$17.75, stop ~$16.65. $QBTS → Quantum theme, inside week low-volume setup. Buy-stop ~$16.29, stop ~$14.20. $QUBT / $QUBX → Similar quantum play. Buy-stop ~$16.20, stop ~$13.70. $KC → Chinese name, major move late last year, sideways since. Trigger ~$15.20, stop ~$12.90. $WRD → WeRide. Big accumulation volume. Two back-to-back inside [...]

📌 Stanley Druckenmiller – New Buys ENTG, MSFT, WBD, C, XLF, QSR, SE, NU, U, CRS, GLW, GS, ILMN, AVGO, EWZ, HAS, OPCH, XPO, BAC, CHYM, VKTX, BWXT, TBBB, DHI, LEN, BLDR, ELVN, ESLT, TMO, DHR, CC 📌 Alex Sacerdote – New Buys NLFX, SE, CPNG, TTMI, GLW, AFRM, SITM, FROG, INTU, CIEN, CHYM, SLAB, ENTG, SMCI, ALKT, HNGE 🔁 Overlap (Both Bought) ENTG GLW CHYM SE These four are the common ground between Druckenmiller and Sacerdote’s fresh picks. Here’s what you need to know: 🔹 Entegris (ENTG) – A critical supplier to the semiconductor industry. They provide advanced materials, [...]