Good morning! Happy Friday!
Oil, $VIX and bond yields are all cooling down, and the market is moving higher in premarket. But with ~$9.6T in stock options expiring today, expect volatility. Triple witching can bring some serious sector rotation.
For me, this is one of the most interesting days to watch where money is flowing. Last time we saw strong rotation into Mag 7 and SaaS, the following few months delivered some great moves. If capital starts rotating back into AI, energy, biotech or small caps, it could give us a better idea of which areas may have momentum heading into the next few months.
Stocks I’m watching
→ $GOOG — Finally waking up. Watching the $355–360 old S/R zone. If you’re holding October $360C, today could be a good day to consider taking some profits.
→ $NFLX — Added yesterday for LT. It may see volatility, but I’m treating this as a long-term position and still have room to add if we get weakness.
→ $SPCX — October catalyst ahead. A break above $157 could bring fast momentum.
→ $AMZN — The last one on our list that hasn’t really moved yet. Watching $255 for a potential momentum move.
→ $META — Watching $688. A close above that level would put the next resistance around $738. If momentum continues, a new ATH by year-end is possible.
→ $TSLA — Fighting resistance around $372–374. A clean break could open $382–385.
→ $NVDA — Watching for $223 today.
→ $INTC — Still an LT add for me. If it continues holding this level, I’m watching for another attempt at ATHs into year-end.
Small caps are moving nicely, and we’re still holding LT positions across NeoCloud, energy, AI and other high-conviction themes.
Today is about watching the money flow, not chasing every move.
Let’s see where the market wants to put the money next.