AMZN, TSLA Bounce as S&P Stalls | LRCX Divergence, MRNA Breakout | CHART THIS
Автор: Market Misbehavior with Dave Keller, CMT
Загружено: 2026-03-04
Просмотров: 1996
Описание:
Markets followed through on Tuesday’s strength with another constructive session, but the bigger story remains the same: the S&P 500 is stuck in a persistent sideways range. In today’s episode of CHART THIS, Dave breaks down a market that feels volatile day to day, yet remains structurally neutral beneath the surface.
Growth led the way as consumer discretionary and technology topped the sector leaderboard, with strength in Amazon, Tesla, and several semiconductor names. At the same time, defensive areas like consumer staples pulled back, hinting at a short-term rotation back toward offense.
Dave walks through the S&P 500 “traffic light” framework, offense vs defense ratios, Bitcoin’s potential trend shift above 70,000, and key technical decision points for Broadcom and Lam Research. He also highlights improving charts like Moderna and LyondellBasell, which are transitioning from prolonged downtrends to more constructive setups.
With the VIX still above 20 and major averages stuck between support and resistance, this episode focuses on how to stay disciplined and find strong charts even when the benchmark feels flat.
⏱️ Chapters
00:00 Market recap and IBD podcast update
03:40 S&P 500 traffic light levels and sideways range
07:20 VIX above 20 and volatility expectations
10:10 Sector rotation: growth vs staples
13:30 Magnificent Seven bounce (AMZN TSLA NVDA)
16:20 Semiconductor divergences (LRCX SMH)
20:00 Bitcoin reclaiming 70,000 and trend signals
23:30 Broadcom earnings reaction and key resistance
26:10 Offense vs defense ratio update
29:00 Improving charts: MRNA and LYB
📈 Topics Covered
• S&P 500 range between 6800 and 7000
• VIX above 20 and elevated volatility
• Growth vs defensive sector rotation
• Amazon and Tesla bounce analysis
• Lam Research bearish momentum divergence
• Broadcom earnings and 50-day resistance
• Bitcoin above 70,000 and 50-day test
• Offense vs defense allocation signals
• Moderna trend transition
• LyondellBasell breakout structure
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The content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice. Some of the links in this description and in the video may be affiliate links, which means you pay nothing more and it helps me to make Market Misbehavior awesome! As an Amazon Associate, I earn from qualifying purchases. For full disclaimer, please see our website: https://www.marketmisbehavior.com/dis...
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