Paper Gains
Can you believe ANYTHING??? [LIVE]
6/23/2025, 6:39:50 PM
Economic Summary
- Geopolitical risk: US-Iran strikes and retaliations are active, keeping markets on edge and making headline-driven moves likelier; markets may already have partially priced this in.
- Fed & data calendar: FOMC messaging and multiple Fed speakers this week plus the final Q1 GDP (consensus negative) and PCE data will influence the perceived timing of rate cuts and market direction.
- Positioning & hedges: Large VIX/put open interest and elevated hedging suggest market participants are prepared for risk; if fears ease, rapid de-hedging could produce a strong melt-up.
- Macro indicators: Retail sales came in soft and central banks are buying gold while US reserves forecasts pull back, suggesting a cautious global tone and potential USD weakness.
Bullish
- Market positioning and heavy hedging could fuel a rapid squeeze upside.
- Mid-cap growth names leading the breakout rotation (opportunity in RKLB, MRVL).
- Tesla bounce trade remains actionable if key intra-day pivots hold.
Bearish
- Escalation in US-Iran hostilities could spark risk-off and volatility.
- Expected negative Q1 GDP print (final) may confirm recessionary pressures.
- Apple appears in a failed breakdown with downside risk if support breaks.
Bullish tickers
TSLACRCLRKLBMRVLHIMS
Bearish tickers
AAPLMUSPY
AAPL
5 price targets
201.44202.5205207195
Bullish
Monthly/long-term view shows constructive levels; reclaiming 203–207 would reopen upside.
Bearish
Looks like a failed breakdown on multiple timeframes; vulnerable if it fails below the gap/imbalance near 195.
TSLA
4 price targets
351.39362387425
Bullish
If it reclaims 362 and the 20-day trend, the broader rebound toward the 387–425 path comes back into play.
Bearish
Can roll over quickly if it loses the 345–347 intra-day pivots.
CRCL
3 price targets
250300360
Bullish
Active breakout with explosive upside; holding above prior highs (250) supports further extensions toward 300+.
Bearish
Very volatile and hard to short; options IV and locked shares complicate downside plays.
RKLB
1 price targets
33.5
Bullish
Mid-cap growth example—clean buy setup; above ~$33.50 can run higher.
Bearish
Small-cap volatility could punish weak entries and low liquidity.
MRVL
2 price targets
8593
Bullish
High-and-tight consolidation; a successful retest can push toward mid-80s and beyond.
Bearish
Could stall if it fails the breakout retest or wider market turns risk-off.
HIMS
3 price targets
414853
Bullish
Tactical long with defined risk; bounce up through ~48–53 would validate recovery.
Bearish
If it loses the 41 area, downside acceleration toward lower fair-value gaps likely.
MU
Bullish
Semiconductor catch-up potential exists but trade is sketchy after a large run.
Bearish
Already made a big move into earnings; risky to chase ahead of print.
SPY
3 price targets
595.7600605
Bullish
A full session trade back above 600–605 would indicate broader market bullishness and short-covering.
Bearish
A clean session close below NFP support (595.70) would signal more downside.
People mentioned
Donald TrumpJerome PowellJason IsaacsCleoJuneVictorBrendanEdwardAbelAmitJBArnieJustineBarkinWilliamsCookHenry Hawkins