Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (14 issues)
Down 0.97% with RSI at 36.4, near oversold and the weakest of the major indices. Technology concentration meant it absorbed the full force of the AI hardware selloff
The Nasdaq led lower at -2.15% on the GOOGL/TSLA double-crash and 4.7% yields; next week's MSFT/META/AAPL/AMZN quartet decides the tape, sidelines near term
Up 1.9% with memory stocks carrying the flag; tonight's two Mag-7 prints decide the gap direction, RSI 48 neutral and waiting
Down 1.5% to $695.33, -5.4% on the month — the main theater of the growth unwind; RSI 42 is soft but nowhere near a panic low
Down 1.6% to $705.94, losing $710 on the AI-infra and memory drag — the $700 round number is now the key line
Down 0.3% to $717.74 as IBM and memory drags met platform offsets — the split inside the index says more than the level
Down 1.9% to $711.74 on the semis drag; RSI back to midfield, with the 50-day lurking under the $700 round number
Up 0.3%, grinding higher behind META and NVDA; $722 (the 20-day) flips to support
Up 1.7%, reclaiming the 20- and 50-day on volume — the tech repair got its follow-through; $710 flips to support
Up 0.3% on the chip bounce, wrestling the 50-day ($713); the tech repair needs follow-through
-1.4% on the chip drag back to the 20-day; losing $710 (50-day) deepens the pullback
+1.4% on the chip rebound, above the 50-day ($710); SpaceX joins the weights today
Chip weights dragged it -1.7%; the 50-day at $709 is the short-term bull-bear line
AI-sector rotation amplifies swings this week; Jul 7 SpaceX inclusion reshuffles the constituents