JOSH BROWN SHARES TOP STOCK PICKS 08/21/26 + Follow up Technical Analysis of Stocks discussed

Blue cloud trading through the night. >> Welcome back to the channel everyone. In just a second, I'm going to play a few CNBC clips from today's episode of the halftime report. I'm going to pull up the charts and dive into the technicals of some of the mentioned stocks. We're going to look at the key support, resistance levels, momentum, and see if the price action actually backs up what the talking heads are saying. Hit that like button. Subscribe if you haven't already and let's roll the tape on the first clip. >> Carl, thanks so much. Welcome to the halftime report. I'm Scott Wter. Front and center this hour. A down week for stocks, but a very big week ahead as Nvidia reports. The Fed chair speaks in Jackson Hole. We game it all out with the investment committee. Joining me for the hour, Jenny Harrington, Amy Raskin, Rob See, and Josh Brown take you to the markets here. Uh once again, the focus, yes, is on stocks. We are green, but the focus is on rates as well. And we are green as they say there too uh because yields are back up again. But really we're we're turning our eyes towards next week because it plays into everything how we just started the show. Nvidia earnings, the Fed chair speaking, the NASDAQ 100 trying to avoid its sixth straight down day today. By the way, Nvidia is having its best month since April. Rob, it's leading the mega caps this year now as well. It's up 16%. That is the best performance. It has woken up as they've been saying and now we head into a really critical week. How do you see it? >> I mean to me Nvidia is always important right and they've continued to deliver again and again and again but the more important story at least in the very short run is the Fed meeting. And in my mind they really have only a couple choices to do what they want which is in control of the long end of the curve. neither of which I think are particularly palatable. Uh they can obviously raise rates and I you know to deal with the inflation problem that we see out there. Alternatively, they can control the long end because they're they're limited right now in terms of borrowing short just because of the size of short-term borrowing to buy at the long end. So they can engage in QE which would also bring that down. But they aren't obviously they aren't doing there's no Fed meeting next week. I mean, it's the but they can indicate, right? They can indicate kind of tip their hand is what they're going to do. Hear me out one one second. The thing that would save everything is opening the straight because it relieves the inflationary >> Yeah, of course. Good luck with that. Like in the in the near term though, now that you have rates backing up, does the speech does that much put more pressure 100% >> on what happens next week for the near-term direction of the market? Maybe even more so than Nvidia or no? >> I think in the near-term direction, yes. But listen, you need both these. This is a two-headed monster next week. I I fully expect with what's going on in the AI complex, Nvidia to deliver strong results as they've always have. The question is where do they indicate the the the kind of forward expectations are and they've continued to raise that bar. So I I think Nvidia is a safe bet. I think the Fed communication is something that's uncertain thus far. We're still digesting a new communication style from from our new Fed chair and but it's clear that the administration is wanting to control long-term rates. >> Yeah, of course. It's uh as much political as anything else, I think at at this point. So, what what's Amy the the bigger event in your mind next week? The speech or the earnings? Because the earnings are Wednesday, the speech is Friday. >> They're both big. Um, I expect I mean Nvidia will be huge if it doesn't deliver exact, you know, what people expect it to deliver, but I'm not in that camp. I think they're going to say great things. I think they're going to have great numbers. We'll see what the stock I actually in some ways I'm more interested in what the stock does rather than what the numbers are because that will tell you what people are expecting and how optimistic people are and that's what we really don't know. The numbers are going to be great. >> Yeah. The stock the numbers have been great, right? The stock hasn't always been great. >> Right. Exactly. So that's that. So I'm actually interested in the reaction to the numbers in some ways even more than the numbers. Um with regard to what Kevin Worsh could do next week, he's in a hard position. He has to be hawkish. I don't think anybody's expecting him not to be hawkish. But then the question is does he deliver? And that's what has been the question so far is that all of his speeches have been very hawkish. And I think that's what happened at the last FOMC meeting is everyone's like you're so hawkish. You're saying it has to be 2%. It's not 2%. Why aren't you raising? But he doesn't necessarily have he he sort of gets off the hook, doesn't he, by a weaker retail report, the last two jobs reports being weaker, the the last two inflation reports, CPI, PPI being softer. >> So that kind of takes the edge off, doesn't it? Maybe he doesn't have to be as hawkish in his favor. But people are going to say, "Look, inflation is still above expectations. We still think the Fed is relatively easy." Um, and so when are you going to do something about that? And are you going to tell me at all how you're even thinking about it? And I think that's what but I think he is going to say which 2% is still our northstar. We still want 2%. I don't think see how he can say anything but that. And then I think that opens it up to the next meeting of like okay so it's you're saying 2% and we're still not there. And people say the 3mon you know average is 16 and you know he can he can use those numbers which are right but the 2% is still a far far away. So Jenny, so we're at let's just call it 7700 on the S&P even though we're just a little bit below that once again. Now does is the determining factor between now and let's say you know the next couple months determined by because let's also suggest that we don't think the Fed's going to do anything at the next meeting, right? We don't think they're going to hike. >> They're definitely not going to cut. So let's just assume that they stand pat. So then that makes next week and the speech maybe even more important. But then I got Nvidia looming as well. So if I think that the stock market can hit let's just say 8,400 by the end of this year or even stronger than that as some forecasts are now coming to believe we can do. Does next week hold the key on both regards earnings and Fed speak? I don't think next week even matters and I'll tell you why >> that is a bizarro suggestion. So please explain yourself. >> I think Wor is off the hook because earnings are doing all the work, right? We've had a year where the 10 years gone from 4.2 to 4 and 3/4 >> and the market's up. If you told me at the beginning of the year the interest rates are going to be up that much, you wouldn't think stocks are up that much. Why are stocks up? Because of the spectacular earnings growth. What happens every time Nvidia reports? Every time they have great numbers, they're already anticipated and the stock yawns a little in one direction or the other direction. I don't think anything that Nvidia says next week is going to matter to Nvidia. We already know what they're going to say. It might matter more to Coree or Microsoft or OpenAI. >> Isn't that Isn't that But that but therein lies the conflict in what you said. >> No, no, no. Here's the thing. All that matters between now and the next four months is ear is um Q3 earnings reports that we'll start to get in November. And so I think we're in a period like I think the reason we're focusing on next week and Warian Nvidia is because we have nothing else to talk about. We're just in Hold on. We're just in a waiting period until earnings start to be reported. And by the way, I think earnings are going to be spectacular again. So if you want to know where I think the market ends, I think the market ends up might be here, might be 8,000. Who knows? I think the earnings for this year and the earnings growth rates, those are predetermined. They're mathematical. They're coming. They're happening. And next week is just interesting, but I don't think it's a determinant of anything. And I don't think it's terribly insightful because I think we already know here and now today exactly what both of them are going to tell us. >> So Josh Brown, what do you think? >> Jenny, I hate to say this. I'm on the complete and total other side. >> Okay. I I understand your point. I I won't The part I'm not disputing is the pattern with Nvidia is it runs into the numbers and then people like go to bars to watch the earnings report on TV and it goes down 2%. And every >> I totally agree with that part. >> Thank you. >> No, but but but you took it too far as you always do. >> Jensen W Jensen Wang is the AI Fed chair. You understand? He is to the earnings growth of the S&P what um Kevin Walsh is to interest rates. And I happen to think that if we just focus on the stock price reaction in Nvidia, we're missing the whole point of the exercise. We know it's going to be a spectacular report. It almost always is. We don't know about the guidance, but um expected revenue of 92 billion. Just for context, this is the largest company in the world. Now, that would be a 97% year-over-year increase, not in earnings, in sales. It's insanity. I cannot believe this stock sells at a at a near market multiple. Um, the earnings will also be up 99%. But again, everyone's going to yawn. Who cares? The bigger picture though is that there are two to 300 large cap stocks where um what Nvidia has to say about 2027 and 2028 on the call next week will absolutely have an impact on. It's you're talking about dozens and dozens of hundred billion dollar plus stocks and they will trade up or down based on what the AI Fed tells us. But here's my the backlog and the environment. And do you think he's going to say anything other than that the backlog is robust, the earnings are robust, that this is transformational? You think you do you think he's going to say anything negative? No. And do you think the Q3 earnings when they're reported are going to be anything but spectacular as a result? No. We already know these things. It's predetermined right now. He's not going to tell us something new. It's going to be as good as we expect. >> Can I just suggest that I think we're at the stage though where we don't necessarily need revelatory. We just need confirmatory. We just need to hear from him to Josh's point of what he sees >> over the next few pass take a breath. Take >> take a breath though because it confirmatory is enough. >> We have multiple contraction this year. We wait. We have an up stock market, but it's not as it's not as if people are extrapolating and taking multiples up for for uh the market this year. So So confirming guidance and tone is every bit as important. And I'm going to tell you right now, Dell is a $300 billion market cap. HPE is 74 billion. How did that happen? Arista Networks, you probably don't even know what it is, is a $235 billion market cap. Marbell 200 billion, Broadcom $1.7 trillion. We know Micron, we know AMD, etc. Now think about GE Vernova is a $270 billion market cap. Eaten 165 bird of a hundred billion. You cannot tell me that the that the the AI Fed and Jensen Wang is AI Fed chair that those remarks are not going to affect vast swats of the S&P 500. You can't convince me that it's a non-event cuz I know it's not. It might be for NVDA. >> I think it's going to be for everything. >> That's that's my argument. >> I think it's universally positive. >> I'll be here. >> I'll rearrange my schedule. So initiates Nvidia. They obviously have some new coverage over there. Uh outperform 340 is the target. That is a 57% upside. They take Micron outperform 1300 is the target. So you're looking at lofty gains they see from here. That's 33% higher than where it opened today. Broadcom 455. That's 25% upside. And AMD outperform 550 target. That's a 17% upside. Amy, you have Broadcom, you have Nvidia. >> Yeah. >> What's your opinion here? >> Uh, look, we've we've and we've owned them for ages. So, well, we've owned Nvidia since 2014 when I joined Chvy Chase Trust. It was one of the first stocks we put in portfolio. So, we've, you know, so and I'm not overweight either of the stocks. So, um, we like them. Uh but again I think there are other more interesting weight stocks in the market at this point. They just have a very high expectations in them. There's a lot of good news. The multiples are not rich so we we still own them. Um it's just getting to that next leg and I think what Nvidia could do for the whole >> ecosystem is really prove out the end case. Not just talk about the backlog. just talk about what are the killer apps that are using AI besides coding which we all know give us examples about that really make the productivity story cuz the productivity story is still to come it hasn't played out yet >> we would not be asking that question that we are on the screen right now can momentum get its mojo back if it was a foregone conclusion that Nvidia's great earnings and commentary and guidance or whatever was a layup for for the momentum trade itself because not necessarily >> I'm just saying I don't think I introduces it. It just confirms like, "Yeah hey great." >> If it if if it if it only was going to confirm it, we wouldn't have to ask that question because it's not a given. That trade is very much >> in question after a massive run, a July reset. >> They want to see OpenAI there. OpenAI's growth is a little disappointing. There's a lot of things in there. >> You're you're all missing the short-term moves in this. The short-term moves >> all you all are missing. >> Okay. Okay. Okay. All y'all are missing >> in the short run. Yes, you have to. We're going to get the confirmation that we all expect. >> Maybe not you, Scott. Okay, >> we're going to get the confirmation that we expect, >> but the reality of it is is what happens at the long end of the curve is what drives the incremental flows. If interest rates pull in, you're going to get a high beta bid and momentum's going to be fine for a bit. That's it. Period. >> I agree with you. >> I as you should because it's the it's the right call. It's the right call in the short. It depends on the messaging. >> Can you control with language? Yes, you can. >> I don't think you can. But I don't think the feds control. See, you can see that is controlling rates. >> I think that's up for debate whether you can control it with language. >> You can control the long end with language. >> There is something to be said. saw action last week and it didn't >> there there's something to be said for jaw bon >> action from the fed you saw action from the treasury >> the jaw bon by the fed is I don't think up for debate being more powerful than jaw boning from treasury right I mean the fed is the fed um he was hawkish after at the last meeting rates went up >> the administration felt it had to do something about it >> QE because he's tightening the balance sheet So that is unlikely. So I think they'll do >> QE. I think a it's one of the things that goes on the table every time rates start to get away. So you can't completely ignore that possibility. And the other possibility as I said earlier was taken completely off the table. But the point of your question is can momentum get its mojo back? Let me say this. You start to get a really weak dollar trade. You're going to see flows into crypto. you're going to see flows into the they the high earning in the future names that are discounted now at a lower rate. You will see every quant model do exactly that in the most liquid names and momentum will come back. If you get a runaway of interest rates where it looks like they're losing control, I think the reverse happens. >> I think that's right. >> I agree. >> So that that is >> okay. So Tom Lee still says 7,900 to 8,000 by the end of this month. Edard Denny says whatever pullback that we may still be into because of rates should be modest. We also thought it would be interesting to look at outside of tech what's actually worked and what hasn't this week. What the statement may be as a result of that. So I feel like you have to take this next thing with a little bit of a grain of salt. the fact that healthc care is having its best week since late June. It is the top sector week to date. I say grain of salt because if I of course tell you that MADNA is up 140% week to date and that Merc and Madna had the kind of announcement that they did, it's kind of like master the obvious that that sector is going to have a great week. What are you raising your hand for? You have a comment. >> I'm excited to talk about this. >> Go ahead. >> Okay. So I think if we take Rob's construct that if we see interest rates come down right and the momentum trade takes off because longdated cash flows are worth more with lower interest rates the opposite's true here. And so I think what the market's saying is like look interest rates we think are going to stay longer. And it's and yes you're right. Moderna and um and merc skewed it this week. But if I look at holdings in my portfolio fizer you know like crazy little fizer up 17% year to date. Bristol meers up 25%. So you can look across healthcare. >> Hey Thermo, you own thermo. I was up 6%. this week, right? >> Yep. But I think I think if you take that interest rate construct in terms of its influence on the stock market, that explains healthare, not necessarily this week, but in a bigger picture. And and if you say, hey, I think, you know, the tenure is going to stay at this 4 and 3/4 level. We know the government's going to do whatever they can to tamp it down when it hits 5%. But there's a lot of supply out there. There's corporate debt supply that's been driven by the AI trade. There's huge government debt supply and the supply is keeping interest rates up. That favors short-term here and now cash flow oriented companies that are pumping out cash now because cash today is more valuable than cash in the future particularly when interest rates. >> Amy, you have Amy has Alumina. Amy has a Vertex among others. >> Yeah. No, look, I I think the healthcare trade is is has more legs to run. Aluminina has been is probably the largest stock in my portfolio right now. Um, I've used it I used it as my final trade at the beginning of the year a few times. Um, any the entire backbone of our genomic sequencing is on aluminina equipment. It was less than a 20 billion market cap. It's now a $30 billion market cap. But Josh just gave you a ton of market caps, you know, in the hundred 2003 $300 billion range. So I think this this kind of company has a lot to go. Um and you know the demand you can just see from MADNA and sort of the new technologies and the new um personalized medicine is here and is coming. Um but I think long rates um on the other subject are here to stay unless we get a material slowdown in growth. It's hard to see what's going to bring long rates down significantly unless you get a growth slowdown. And then if you get a growth slowdown like do you get it because of the AI trade or in spite of the AI trade? And and so I don't think it's going to be that easy that long rates are going to come down and everybody's just going to pile into tech because probably the reason for that is going to be something that scares people. >> Gilead uh overweight Rob 155 Caner Lily overweight 1410 Caner you own both. >> Yeah. A and Abby by the way. This is this is all about uh consistency of earnings, valuation, great pipelines in what look to be like long-term beneficiaries of using technology to advance their uh to advance their ability to bring products to the market. I do believe the consistency matters in this in this uncertain time. And so this is a sector that had been underrecognized, had rerated quite a bit, used Lily. They were trading at 50 sometimes earnings. They rerated all the way down into the 20s. Unbelievable dominance in GLP1s, right? Unbelievable dominance. And then you have the other two companies that we own that have great product pipelines, too. >> Okay. Uh energy record high today, second best sector week to date, top sector this year. Everybody knows at this point what oil has obviously done. WTI coming off its 10th positive day in the last 11. Brent 11 and 12. Uh Jonathan Kinsky though Josh suggests that we're now running on fumes that he would not chase energy here. And you look at these gains year to date. Now your Exxon's up 38%. Uh there are Canadian Natural and Suncor which are up better than 50. The gains here have been robust and I think for obvious reasons, but playing off what Kinsky says. Running on fumes, wouldn't Chase, continue to buy? What do you think? I don't know. I mean, I he's making he makes a a fair point about how much they've run. And just to put that into context, the sector is up 7% on the month, but the IEO, which is the producers, so taking the Exxons out of the equation, the IEO is more like the the independent energy companies, and they are making all-time record highs today. And from my perspective, that is that is not bearish. Um, the IEO is up 54% better than the XLE up 45% on a year-to-ate basis. looking at the XLE um which again I am an Exxon 30% of that index which includes the refiners which are all on my best stocks in the market list and we've talked about them a lot 30% of XLE names are at 52- week highs this week that's not an overbought sector there's still a lot of room in the individual names there um so I I think I think it's the kind of thing that if you're not in the trade and you want to heed Kinsky on the timing and maybe wait for a negative crude oil day or a positive tweet about Iran or something and then you want to buy that dip, you can, but I don't think you want to walk away. I and I don't agree that all of the stocks in the group are are running on uh fumes. The last thing I would say is one more button down in Sichin's shirt and this show goes from halftime report to Magic Mike. I mean, you do have to take into consideration that he did email >> the executive producer of the program today, included me and others asking if it was no tie Friday. Apparently, he got a little over excited at the answer being >> okay with no tie, but I don't want to talk to his naval. >> Okay. Yeah. Nor does anybody else for that matter. So, Barren is still bullish on the refiners. Uh they like those. You have a ton of exposure in this group. I just on my list I I've got Total Energies, Energy Transfer, Shell, Enterprise Products, Kinder, there probably others too. MLPX. >> So So Total and Shell are in our international strategy and those are majors, right? They're not necessarily refiners. I'm comfortable holding those. Josh, to your point, like I don't know that you want to walk away. I'm not sure I want to walk away. Not, you know, I don't know. I might want to walk away. I don't want to run away. I don't think you need to do it this minute. But these are rich and you need to understand that the Shell and the Total and the Exxon and the um Mobile, sorry, and the Chevron, I meant to say all those guys, they're all up because oil is trading at like $86 a barrel right now. >> Rich though. I mean, they're they're just up on oil prices. Okay, forget the multiple Rob, but but Chevron started the year at like 165, is trading at 200 now, right? And that is purely driven by the fact that oil went from $58 a barrel to $86 a barrel with the So, so hold on, hold on. Let me finish. So, what we've been hearing is that the US government is guiding a ton of oil out through the Straits of Hormuz. Every day I hear different things about workarounds, right? This pipeline's open, that pipeline's open. I don't think that $86 is sustainable. Where I like to be, Scott, when you say you've got a lot of exposure there, most of those energy transfer, enterprise, Kinder Morgan, MLX, those guys are all the mid-stream energy space. They're also up 25% on the year, 25, 30% a lot of them, but they don't have the exposure. And that goes back to the healthcare conversation which is if you think interest rates are going to stay kind of high. These guys produce significant cash here and now today and that's valuable. So if you want to if I want to stay in the energy trade I want to stay in a space that I don't think has run up because of the price of oil over the year. I don't think oil goes from 86 to 106. >> Yeah. >> You know and if you don't then it should go back down. >> I think you have an opportunity to own an asset. We've been overweight energy all year. It's been one of our best performers. It's a hedge to higher interest rates and in inflation. I own Suncore. I own CNQ. I mean, these these are stocks that are up 55 uh 53 48 48. Hold on. Can I can I go now? This is this is a this is a combination of earnings momentum, high total yields, and reasonable valuations still which we don't know what's going to happen. to why not maintain that exposure in a portfolio for right now. Just because they moved does not mean they're not going to continue to move. >> I'm just saying the ones that I think have really direct exposure to oil price. I might start to walk away from those. I like the Suncore, right? That's midstream. It doesn't have that much direct. It's not up just because the oil prices up. Devon energy is up just we own Devon as well. >> Okay. So, what didn't work this week? Industrial is the worst week since March. That's the worst sector week to date. bank's worst week since February, and that is coming off the first close below the 50-day moving average since early June. All right, we're going to take a break. While we're away, Rob's going to button up a little bit, right? We're not live at Zero Bond. This is We're at the New York Stock Exchange, Robbie, and we're going to talk about Crowd Strike. Couple of calls on the targets. They report next week, too. and uh Josh Brown's best stocks in the market. I think we have that ahead, too. We're back after this. Uh Rob's fixed his wardrobe malfunction. >> So, you look like a member of the cloth now. >> Is this better? I mean, I don't want to tempt Josh anymore than I already have. He was clearly fixated. >> Well, well done. Appreciate you. Appreciate you. All right, let's do some calls. Uh it's funny that Josh, you mentioned uh Arista Networks earlier uh because Evercore is out with its top six tech hardware stocks to own for the second half. if it's on the list says the market's underwriting the durability and length of uh AET's potential for growth. Just want to take that first since you mentioned it earlier. By the way Apple Amphanol Arista Cisco Seagate, Western Dig are the uh the names on the list. >> Yeah. So, this is another one right off the best stocks in the market. We've written about it. We've written about Amphenol, uh Cisco. We've done pretty much all of these names uh over the course of the last year, uh year and change at this point. And um even when they sell off, Judge, even when they have these dips, they still remain in in their longerterm uptrends just because of the sheer magnitude of the the growth in share price. So we all know these stocks trade up and down together. They're in all these baskets at Goldman Sachs, the program traders, the pod shops. Um and so you'll see them all green. Someday you'll see them all red. I I do appreciate that there are differences between them, but in the end, we all know why they're rallying. >> Apple's been a stallout, Amy. I mean, it had this amazing run, >> earnings happened, and then the stock didn't happen. >> Well, I think everybody is now going back to the AI trade. Apple sort of does well when everybody worries about capital spending and, you know, too much money chasing AI and they're the ones that aren't spending it and are still returning capital to shareholders. So when that's in vogue, Apple does really well. And when it's out of vogue, Apple doesn't do well. I'm not worried about Apple. >> What do you think about Cisco, Jenny on this list? >> So what I love about Cisco is that it doesn't matter who wins. It doesn't matter if Claude wins. It doesn't matter if Chat wins or Gemini. It doesn't matter if Microsoft does well, Meta does well, or Apple does well. Our bet on Cisco is simply that as the AI trade, you know, makes the technology world bigger and more complex and people need more and more technology in their house and businesses, Cisco wins. They're the infrastructure behind all of that. So, it's pretty simple. Oh, and by the way, they still have a 5% free cash flow yield. So, it's still enormously profitable, whereas a lot of the other guys have given up their free cash flow. >> So, I think I what I hear you saying is that Nvidia's results and what the Fed chair of AI Jensen say >> might actually be good for Cisco. >> Oh, and I think we already know that >> we do. >> Yeah. I'm going to I'm going to bet any Oh, jeez. I shouldn't even say the word that one. >> If we already know that, why is the stock flat since May? >> It's up 48% year to date. Let it cons. >> Why is it flat since May? If we know >> because it ran up so much. Look at it. Look at it on You can't be myopic all the time. >> Okay. >> Trades at 25 times earnings, a little premium to the market where it used to trade at a discount. >> All right. Uh Crowd Strike worst week since March of 25. All right. We're up 93% over 6 months. >> They report next Wednesday. Josh, the target to 250. Loop the target to 240. Key Bank. >> Yeah. And I just got finished reading the bio of the uh the new guy they hired and he is an absolute beast. He's a guy that coming out of Nvidia and um you know it's it's all about AI cyber security at this stage in the game and as we get further into robotics it'll be about cyber security as it pertains to automation. So it looks as though they have the right person in the seat. I don't really understand what that sell off was about yesterday. Probably ALGO trading with ALGOS. Um I have full uh faith and confidence that we will ultimately see new highs in the stock again. >> Amy uh impinge outperform 220 Beimo. That's 38% higher than it than here. >> Yeah. Now, this is a $5 billion ultra high frequency RFID stock. They make the little chips that get printed out in your baggage tag so you know where your luggage is and the plane and all sorts of things. Um UPS is putting it on every package now. Walmart's rolling it out. Um it's a duopoly. They have the best technology. We like it long term. >> All right, we'll break. We'll come back. All right, welcome back. We're uh doing Josh Brown's best stocks in the market here, but we're looking at two of his so-called Halo stocks, and they haven't left the list since being added. Coca-Cola and Monster. Why are we looking at those today? >> They've they've performed very well this year. Both of them making highs. We wrote these up and did a TV segment about these on February 9th. And the gist of it was not everything in the Halo theme is like heavy heavy heavy assets like trucks. Sometimes we're talking about something as simple as coffee or chocolate or sugar. In this case, we're talking about uh soft drinks and caffeine. So, I want to talk about Coke and Monster beverage um because they both look pretty good and they are still on the list and they've never left. Um, over the last 25 years, Monster Beverage is the single best performing stock in the entire S&P 500. If you put $2,000 in this name in 2001, it would be worth about $23 million today. That's a 230,000% return. Um, I don't suggest that'll repeat. However, uh, this stock is still on fire. Second quarter net sales were up 20.2% to 2.5 billion. Latin America up 56%, China up 62%. India up 84%. People are just still discovering the product all over the world. The stock is testing its 50-day right now, which is about 47. I would say the line in the sand for traders is 41. That's the top of the post earnings gap. By the way, this name just split two for one on August 11th. Um the investor stop, I'd give it a little bit more room down to the 200 day, which is 35. Let's do Coca-Cola. Um, the second quarter report was the cleanest print for Coke we've seen in a long time. Net revenue was up 7% to 13.5 billion. Organic revenue up 6%. Um, gross margins 62.9%. Pretty good. I guess the GLP1s haven't stopped people from drinking this stuff. Um, they're touting the FIFA World Cup as the reason for the strongest trademark Coca-Cola volume growth in 17 years, up 5%. Power eight up eight management rate is guidance everything that we want to see. I think on Coke uh this is a stock that probably continues to make new highs. I'd use 77 which was the March shakeout low and where it recovered from as kind of the area where I'd say okay if we break that level the buyers have changed their minds. They're not coming back. Let's walk away. Until then I think you want to be long in the name. I think we'll see a 100 bucks. >> What do you think, Robbie? We've owned it for a long time. I mean, it's having a great year. They have enormous pricing power, great brand portfolio. Uh really benefited from the World Cup. It's tough to argue, you know, what they what they did there. And they have a three two 2.3% dividend yield. And so, you have a company that's incredibly strong and has the tailwinds of being the other side of the barbell versus what has been working of late. >> Is the yield too low or Yeah. Yeah, >> la last point. I should have mentioned this. CocaCola and Monster did a deal in 2015. Coca-Cola took a $2 billion stake in Monster. So, they own 19.5% of MNST. So, not only both these companies doing well, they're actually business partners and CO is a substantial equity investor in Monster. >> I appreciate that. >> So, so to answer the question, the yield's a little too low, but not a lot too low. And so, I've actually been looking at Pepsi also. Now, Pepsi has a huge snack portfolio, which would make Coke relatively attractive because there is enormous unbelievable threat from the GLB ones. Um, so we need to be careful with that. But what holds me really at bay on Coke is it's just expensive. You know, to Josh's point, they said they had 7% earnings growth, right? I think that's what you said. And it's still trading at 27 times earnings. Frankly, you can look at the Mag 7 and find a far more compelling combination. And I think if you do worry about the K-shaped consumer, right, there's a huge percentage of people who drink Coke and Dani and Powerade and all that who will be under pressure. So I don't like the valuation given the economic backdrop um you know or given the earnings growth which is great for Coke but not great in the bigger >> but says the person who only owns one of the mag sevens. Right. >> Right. But if they're also compelling relative to Coca-Cola, where's the trade? >> Because they're not compelling relative to the 5% free cash flow hurdle that we have that needs to be h there for the discipline growth strategy. >> I just like stern. >> I know you do. I know it. >> Yeah. You're so lucky that I come on. What would you do without me? You'd be so bored. >> You get to talk. >> I'll think. You get to do that four days a week when I'm not here. >> I'll think about that question during the break. Oliver Renick's up next. Options action. We're playing action time. Go to the SIBO in Chicago. We're talking about exchanges. What trades do we see? >> That's right, Scott. Exchanges and crypto. The big story this week was President Trump's comments on regulating decentralized exchange Hyperlquid and the reaction and PUR stock as well as the incumbent exchanges that are facing real competition from perpetual futures. The 247 traded contracts that offer huge leverage and don't settle or expire. Purr surged 60% this week, now tripling this year. They own $2 billion of hype tokens that power the exchange, which you can see here trading on Koshi. But here's the fun twist. This week, exchange stocks like SIBO, CME, and my haven't been under pressure this year rounds. They took a fresh hit on Wednesday after the hyperlquid news, but since have fully recovered and are now rallying. I think that's because this next phase of regulation might be the beginning of the join them phase rather than the fight them phase for exchanges who are not typically ones to shy away from supplying where there is customer demand. Scott >> Oliver Renick, thanks so much. We'll see you later this afternoon. Which is interesting this trade Josh because SIBO, CME, Intercontinental have all fallen off the best stocks in the market list. Yeah, I there's there's just this there's just this incredible fear that the next generation of investors rather than learning to actually trade futures are just going to place bets and they'll do that in a binary way and they'll use prediction markets and they'll do things like above or below this level or higher or lower by this time next year or however they want to do it rather than trying to be sophisticated and and you know learning the ins ins and outs of derivatives. And I'm not going to say it's an illegitimate fear. And I'd also point out the type of activity that prediction markets are going after is some of the last most profitable commissionable activity at all of the brokerages and all of the exchanges. It's not shocking that the brokerages have embraced this. They almost have to. They sort of have to cannibalize themselves because if people default to this rather than options and futures, they need to be there. Um, the good news is if you look at Robin Hood's last earnings report, this is far and away the best thing that they're doing right now in terms of margins, better even than crypto. So, uh, I think that fear will remain above, uh, the heads of of those exchanges. And there's going to be some political fights about it, too. It's not over yet. >> Yeah. All right, we'll take a break. We'll come back. We still have final trades ahead. 3:00 closing bell. Professor Jeremy Seagull and Tom Lee. And so we're going to finish out the week and look ahead to what's a very big one next. >> You have the first final trade today. >> Thank you. Okay. My microchip preferred a five and three/4er yield. I actually bumped it up for people who didn't own it this week. It's a nice way to get a little bit of tech exposure and still get some income. >> Ames context. Um leader in machine vision $10 billion market cap. A long runway. >> Okay, Robbie into it. Not all software is created equal. Now was yesterday into it today. Both up 26% for the month. All right, Josh Brown, you didn't hear this from me, but Toast is right now making a new year-to- date high. How do you like that? >> Thank you. Good weekend, everybody. Thanks. >> Happy Friday, everybody. Welcome to BlueCloud Trading. I'm George. It is uh 5:42 p.m. Eastern time, August 21st, and I'm about to go over the stocks that they discussed on the halftime report earlier today. Not all of them, but a good portion of them. And uh just want to show you guys how the markets closed today. As you can see, the S&P 500 was up 43%, NASDAQ up 43, the Dow Jones was up 98%. And the Russell 2000 was up 77. So, let's go ahead and get started with these stocks. Um there's a whole bunch. There's about 45 that that I'm going to cover and I'm not not going to spend too much time because if I did, we'd be here for a very long time. So, the be beautiful thing about this indicator that I'll be using, it's called the Ichimoku. All right, Japanese indicator. It's going to quickly help me assess the situation. I already actually previewed these. I've already um basically provided a blue flag here for the top four uh what is that? 12. Yeah, 12 out of 45 um stocks that are looking technically very sound, not just on the daily chart, but also on the weekly, which is very important, weekly and daily time frames. And basically, it's meeting all the criteria. All right? All the rules that are associated with this indicator. And I'll kind of go over that in a second as well. So, yeah, let's go ahead and you know what? Let's do this. Let's go ahead and get started with um the first one here. Energy Transfer Equity LP is the ticker symbol for this one. And it was down 09%. But it did it did still meet the criteria that we're looking for. And it does get a blue flag. Why? Because on the daily chart, price, even though it pulled back a little bit, it held up above this green line. Why is that significant? The green line represents the midpoint of the last nine days. Okay? Each one of these candlesticks represents a day. It's the high, the low of the candle divided by two, which is the midpoint. Nine periods. Okay? And we want price to be above that nine period. It's also above the 26 period. All right, which is also taking the high, the low, dividing that by two. So, it's the midpoint of the last 26 periods. It's slower. We always want the faster moving average above the slower one. Another uh one of the other lines of Ichimoku is the lagging line that you see right here. The chu span is what it's called. That is basically the current price projected 26 periods into the past in a line form. And what we're looking for here is for this white line to be above the candle 26 periods ago. All right, that represents uh strength. It represents bullishness. There's a few more lines, just two more. So it's a total of five lines that you have to memorize here. So again, the green line is a nine period. They call that tenkinson. We can we'll call it conversion line. Keeen is the red line. That's the baseline. You've got Senku span A, which is part of the cloud. Now, here's an interesting part about this indicator. Most indicators, they tend to the moving averages tend to um basically go either below or above the candle, the most current candle. Not this one. This one actually projects into the future. So, what it does is it takes the midpoint of these two moving averages, projects that out 26 periods, and that's where the senus span 8 is. And as price moves each day, so does the cloud. Okay? based on the the midpoint of those two moving averages. One final uh line is the synchan B. That's the purple line. And that's basically the midpoint of the last 52 period. So, it's the longest moving average, but instead of again plotting it below or above like we did here with the 9 and the 26, the 52 is all the way back here in the future, 26 periods in the future. So we've got a future cloud and we want that sync span a the light color blue line above the purple one. All right, we've got the chospan 26 periods into the past. So we're covering the future, the past and the present here with this indicator which was initially incepted in the late 1930s in Japan, published in the late 1960s and then adopted by many financial institutions you know over the years and uh they still use them uh use this indicator because it helps to um at a glance which is what Ichimoku stands for at a glance basically assess the strength and the bullishness or bearishness of a stock. Uh, and I'll show you guys some examples of those bearish ones down below over here. Some of them, not all of them. Okay, but ET, ticker symbol for energy transfer equity LP, passes the test here on the daily and on the weekly chart. You can see prices above all the moving averages and everything is in the correct order. All right, let's keep going. IEO, this is great looking chart as well. This is the Dow Jones US oil and gas exploration and production index fund ETF. Cool thing that happened uh this week is we broke above you can see there above that prior high there. All right, on a week that's a weekly level. So we're we're talking about going back to April 2nd of 2026. So we're above those levels. So IO all right is a ticker symbol that is this one's looking great on the weekly. Here's the daily chart. Okay, still in a very strong position. The the future cloud also looks good. ILM IL MN is Illuminina Inc. This one also just recently broke above this prior high. So what is it? You know the cool thing about this cloud is the fact that we know that things are bullish when price is above the cloud. And if you if we just go back in time a little bit, you can see here price was basically inside the cloud. You can see it was just moving sideways basically for the most most uh part of the time. Uh if we go back even further, we can find a bearish point like back here. All right. Back in um wow, it's this even pretty it's even more extended than I thought. If you go back to 2024, for example, October 29th of uh I'm sorry, I take that back December 18th of 2024 right here. We measured that move right there. That was about a 48.5% drop in 3.7 months for Aluminina. Things have changed uh course though. You can see how the first step is we need to see the crossover, the positive crossover, the green line crossing above the red line. Price enters the cloud, that's also bullishness, right? Once we get above the cloud, we know we're in a strong uptrend now. Okay, the uptrend has been established. We have higher highs, higher lows, that dotted yellow line that you see there is the 200 day moving average. A lot of times price will stall when it reaches that 200. And it did right here. You can see it pulled back, right? If we keep going, you know, you can see how often uh price gets kind of stuck around that 200. It just kind of like it's almost like a magnet. But then once it broke through back above that cloud right there back on uh October 31st, 2025, you can see how this stock has done. It moved up uh about 44% in 2.7 months. Then once it got under the moving averages here, it dropped. So it's pretty volatile. you know, it's got a lot of different moves happening. Right now, we're in a bullish state and it's continuing to the upside. So, the healthcare sector is also helping it because the healthcare sector is one of the strongest sectors to be in currently. So, I like uh Aluminina Inc. KO Coca-Cola also looks pretty strong here. You can see it's uh prices above the moving averages above the cloud on the daily and on the weekly. Eli Lilly, same thing. Here it is on the weekly chart. Here it is in the daily chart. Okay, cloud is still bullish. I like Eli Liy. I like Merc and company. You can see here gapped up this week here. Big gap up and it's continuing. It was up 2.38% today. There's the daily chart. There's the weekly chart. Okay, all those elements that I just talked about all in play. Mona also has been showing a lot of strength. Now, we can see back here when price got under the the moving averages from that point to th those lows right there dropped 81%. You heard me correctly. Maderna dropped 81% in just 10 months. However, what happened? Okay, you'll notice down here, we created a double bottom pattern. Okay, and then once price got above this level here, you can see that continuation to the upside. And from the lows now, from these lows, uh, Maderna is up about 543%. Why? Because it reached a price of around $22 and now it's 145. All right. uh what and what does it look like on the daily chart? Here it is. Uh the cloud itself, notice how when we have these steep gap ups like you can see here with this open space, right? That happens. That's a trading that happens after hours. So, we don't see that. But, uh it it happened nonetheless where price jumped and you can see how the cloud itself can sometimes go straight up like a rocket. And right now, what's happening with Maderna is it's kind of um building what I call a penant pattern. Do you see this? Okay. So a penent pattern is a bullish pattern. Uh we just need to see if it's going to be you know how long it might stay in this little range for a little bit. Uh or will it you know break through through that level and then continue to the upside. MRNA if it breaks to the bottom part of that level that's going to be bearish. uh some of these patterns that I'm talking about, guys. Also, if you want to learn a little bit about, you know, patterns and whatnot, if you go to my X page x.comcloud okay, that's the handle at handle, I'm sorry, at bluecloud trader is my handle. Uh, and you scroll down a little bit, you can find out about understanding candle patterns as well as some of the patterns I'm going to be talking about right now. traffic. You click on it here. Um, here is the double bottom pattern. See that right there? Double bottom. Okay, which is a bullish pattern. Once we break above that prior high, double top, that's bearish. Price moves up to a certain level, drops, comes back to that same level, drops again, breaks under the prior low, that's very negative. The pennant pattern I just talked about is right here. the continuation bullish variant. Price moves up, gets stuck a little bit for a little bit, right? It's a little break in here. If it breaks to the top, that's very bullish. We're going to see a continuation. This is the bearish variant here. The price has been dropping, dropping, dropping. All of a sudden, it starts to stall, makes a little bit of a price gets consolidated in that little triangle, and then drops to the downside. Anyway, it's a good idea to memorize these. These are really uh important uh patterns. Let's get back to the stocks. So, MRNA, I like it. It's uh it's jumped quite a bit. I'd probably want to wait and see how it unfolds here based on that uh pattern. Purr hyperlquid strategies. All right. In the financial services sector, this one looks interesting here on the daily chart. You can see the cloud has turned bullish today. The single span A crossed above the single span B. Price is moving up. I don't like this candle. That's called a shooting star. Long wick followed by a small little body like that you see right there. What does that mean? It means that the price reached that high and then the bears took control and pushed it all the way down closing close to the opening price at the bottom. So if I switch it to a 3minut, we'll see all that action there. There's the gap up and then it's as you can see price basically spent the rest of the day just dropping. Okay. So, it's not uh particularly bullish pattern, but I like the chart overall. It still gets a blue flag. There it is on the daily. There it is on the weekly chart. Uh S, which is so Corporation LLC. Uh this one here on the weekly chart is looking very bullish as you can see here. And also on the daily. So, SUNC is the ticker symbol for this particular stock. TMO Thermoffisher Scientific also looking very bullish on the daily chart as you can see and on the weekly. The the cool thing about the thermal fisher is that the cloud is turning bullish once again. You can hardly see it but this the sync span is crossing above the same span B right there. Chica span the white line is above price. Price is above the cloud. The green line is above the red line. Price is above the 200. Everything is looking good. The only negative is this $643.99 level. It's a prior high and it may find some resistance right there and pull back potentially. If it breaks through 64399 and closes above that on a weekly level, I think that we're going to see a continuation obviously. Right. Next energy ETF is pulling back slightly here. Not much actually. It's just kind of stalling. It's u kind of building a base in my opinion right here right now. these three little red candles, okay? Just moving sideways at this point. And so there's a little bit of loss of momentum because it was moving up so quickly and precipitously, but it this is normal. And most likely what's going to happen is prices might pull back, retest that 9 period, bounce off of it, and continue to the upside. Okay? Might even come down to the red line. But right now, uh would I be adding a position here based on this candle? No, because it is a red spinning top. And again, all these types of reversal type candles you can also learn. Again, instead of uh this pattern cheat sheet, go to the candlestick pattern cheat sheet. There's the shooting star. Okay, there's the bearish red spinning top. Understanding Japanese candlesticks, the open, the close of the price. Okay, opening of the candle, the close of the candle, high of the candle, and low of the candle. Why do I bring this up in a lot of the videos that I do each day? It's because there are always new people coming into the channel and I want this channel to be also educational to some extent. I want you guys to also be learning a little bit especially newcomers that are interested in finding out about the stock market. Uh how to analyze a chart. It's very in my opinion um understanding the technicals are just as important as fundamentals. Okay. And so we want we do want to get strong fundamental stocks on our in our portfolios, but we also want to um try to identify the appropriate time to enter, right? That's the most important thing. And also to close out, it helps us to to know when we're right, when we're wrong uh on a stock as well. So XLV is the next one. That's the healthcare ETF up 1.29% today. Very strong chart. You can see price above the moving averages and cloud. Here it is in the weekly chart. Okay, guys. The rest of these I'm going to I'm going to pinpoint the negative and why they don't qualify for the blue flag. And because they don't qualify, I'm not going to spend too much time on them because that's how I basically do my trading on a day-by-day basis. If I see one disqualifying thing, I just kind of push it to the side and wait for it the next day or the next week until the thing ends up showing some strength. And right now, Apple, as you can see here, pulled back. Let's see, did it close 30935? It did close above the tenkinson, but the problem is we have sort of a reversal candle here forming on the weekly chart. That's the weekly. And if we look at the daily chart, we're currently inside the Ichimoku cloud. So, there's something one of these time frames is basically showing weakness and therefore it's not going to get the blue flag. A&E price is currently under the nine period. So, it's one it's a stock I would skip at this point. I'd wait for uh price to break back above that 9 period. And I would also check the weekly chart. That one's still intact. It looks good. That's fine. But the daily chart needs some work. AP is inside the cloud. So, no on AP. That's Amphanol Corporation. Broadcom is AVGO on, as you can see here on the daily chart, we're still under the cloud. So, no on Broadcom. CBOE broke above the cloud here on the daily chart. the the future cloud looks bullish. Chico span is above price. Price is above the 200, but the faster moving average here is under the slower one. So that's not right yet. And if we look at the weekly chart, faster moving average is still in the slower one. So I'd hold off on this one. CGNX price is currently under the tenkinson the 9 period on the weekly and on the daily it's under the cloud. So no on CGNX. I did have a pretty nice trade back here back in April, April 14th, and closed out of it May 27th for a 25.6% profit. All my trades, but guys, you can find uh if you're interested in like following along with my portfolio, I basically do a membersonly video every weekend and it's usually around an hour long and I kind of go over the trades that I placed throughout the week. I also share what stocks I'm still holding on to in my portfolio. And I also provide 30 new on average about 20 to 30 new stock ideas and ETFs, all right, for the upcoming week based on the strongest sectors and industries. In order to get access to that, what you would need to do is go to my my channel, BlueCloud Trading, right here, and basically select the join button. Click on that button and then select BlueCloud Trader the mid the mid tier. Okay. Under this level you'll be able to see those member only videos. If you want to get daily trade updates on my trades, become a blue cloud legend level member. All right. And it's a little bit higher cost for that one. And if you just want to subscribe, I'd appreciate that. And hit the notification bell. Hit the like button if you like this video. All right, guys. Let's get back. Let's get back to the stocks here. So, Cognix Inc., I'm sorry, Cognix Corporation. I'd say no on this one. It's under the cloud here on the daily. CME is under the 200, but it's above the cloud. Everything looks good here on the daily, but if you look at the weekly, it's still under the cloud. So, no on that one. Crowd Strike this week broke under the nine period. So, I'd hold off on this one. Okay. The daily chart, you can see the weakness right there. Cisco, whoops, is the next one we're going to look at. Do you see the advantage of using a a a basically an indicator like this? You can quickly assess. You don't really need to spend too much time trying to figure out, oh, should I be buying this stock or, you know, uh it's going to it's going to help a lot with that situation. And you can also look at the fundamentals above here to see the profit margins. You can look at the price of sales ratios, the PEG ratios, the sales growth rate, all these different things that I I've added to my charts um with the platform that I'm using here. And there will be information about this platform if you're interested in this at the end of the video. CVX Chevron. Okay, so this one looks great on the daily. I don't see anything negative, but why did it not get the blue flag? Let's take a look at the weekly. There's just one thing that's missing here, and it's the faster moving average being above the slower one. Overall, I like the chart. Uh price is above both of the moving averages, but the faster moving average is below it. I think it's a higher probability it's going to continue to the upside especially since the energy sector has showing a lot of strength recently. Okay, DVN is another one that is kind of similar in that the weekly chart is starting to you can see here this was a good week for DV for Devon Energy Corporation but the faster moving average is still under the slower one on the weekly on the daily chart still very bullish here. Okay, we're also a little bit toppy up here on the daily chart. When you see price getting this far away from the moving averages, be a little bit more wary uh because of the higher probability of a pullback. ETN Eaton Corporation, which is in the industrial sector, we have a bullish spinning top here. Just that little bullish basically triangle there or like um looks like a cross. So that is bullish. It's a also a bullish harami pattern up 0.97% on the daily. The problem is uh that the uh weekly chart, let's see. Actually, hold on one second. Oops. The weekly looks good. Sorry. The weekly looks good. The daily chart there's something. Oh, yeah. Price is under the nine period still. Um I think there's a higher probability this is going to move up and it's going to try to retest that 9 period. The nine period is literally 6% away from where we currently are though, right? So that would be your first target if you were to add a position here. That would be your first uh first target. Ideally, it's best to always wait for price to break above the 9 period first. GEV is under the cloud. So no on GE Vernova. It's a utility stock and they haven't been doing well. Gilead Sciences Inc. on the daily chart looks very bullish on the weekly. However, let's see the faster moving average here is still under that slower just by a smidge here just a little bit. Uh and the chico span here is under price. So, it's almost there. Even the cloud looks like it's wants to move up further and continue to the upside. So, this is certainly something I would put on a watch list. Keep an eye on next week. It's probably going to pop. Okay. IC Intercontinental Exchange Inc. is under the cloud. So no on ICE. INTU Intuitit Inc. is under the 26th period. No on this one. It's under the cloud as well. KBE on the weekly chart is above. Everything looks good here in the weekly chart, but the daily is bearish. KMI on the daily chart. Kinder Morgan is under the cloud. So no on that one. MIAX, which is Miami International Holdings, it's in the financial services sector, capital markets. It's inside the cloud. So, no on that one. So, remember, even when price is inside the cloud, you don't want to be adding positions basically. Um, Monster Beverage, Josh Brown brought this one up. It's been showing a little bit of strength here since this little pullback here. It's moved up 6% 6 and a half% or whatever. But the chica spin is still under price. And the other thing I would also mention is that this particular stock is, let me just draw a trend line so you can see what I'm talking about. It's still under this declining trend line. Okay? And we've got a lower low here from the prior low. So here's an example of a stock that I wouldn't add to my portfolio until everything clears up here. So Chico Spin is still under price. Tenkinson is still under keyen. The future cloud is still bearish and we've been declining. We haven't been moving up. All right. So keep that in mind. MRVL Marvel Technology Inc. it um is under the cloud currently, but it's been showing a little bit of strength recently, but again, because it's under the cloud, I hold off on that one. MTUM is also under the cloud, so no on momentum factor ETF. Micron is inside the cloud, so no on Micron. Nvidia is above the cloud, but under the nine period, and they're earning coming out with earnings on August 26, next week. So, that's going to be an interesting day, right? We're going to see how the semiconductors, the whole semiconductor space plays out when Nvidia comes out with its earnings on the 26th. So, keep that date in mind. And uh but overall, I mean, it's looking more bullish than bearish. We broke through this downward uh channel over here. You can see that we broke right there on August 5th. We moved up, came down, retested that trend line, moved up again. Now, we're retesting that same trend line again. We didn't close under it. So, that's a good sign. We're still above the cloud. Fizer. Okay. I like Fizer because it looks great here on the daily. Um, nothing negative to say about it on the daily chart. Looks fantastic on the daily, but the weekly chart, the cloud itself is still bearish. We're still under this 200 day, too. That's about 6%. How far is it? 7% away from where we currently are. We also have some resistance right there. Do you see that? I may need to change some of these trend lines because these are a little bit on the older side here. Let's get rid of these because these are certainly old. All right, what we want to do is update. And this is the most recent high right here. The high is 2875. I'm going to color it light blue to represent the weekly chart. That's the level that I'd be watching, 2875. And here it is on the daily chart so you can see it a little bit clearer. So, we'll move that right here. This is the new high here. Uh will it break through that? You know, because if it does, then there's a higher probability it's going to at least try to retest these prior highs as well. Okay. And then continue to PI, ticker symbol PI's impinge. Did I pronounce that right? I'm not sure. I think I'm not sure. It's in the technology sector communication equipment. This one's pulled back. It's got a higher high here from the prior one and higher low here from this low. Uh in the on the daily chart, it looks okay. It just needs to get above that 9 period. On the weekly chart, we're inside the cloud. So, no on PI. What about Shell Oil and Gas integrated? Well, Tenkinson is about to to cross here. It hasn't happened quite yet, but it's about to on the weekly chart. And when that happens, I think this is going to be pretty strong. Let's look at the daily chart. The daily chart's already looking bullish, but like you as you can see here, we're starting to like find a little bit of weakness these last few days down.33%. Um, you know, if the oil prices of course continue to move up. This company will certainly do well. STX is uh under the cloud right now. So, no on that one. T and STX, by the way, is Cagate Technology Holdings. Toast Inc. Too ST. Josh Brown brought this one up also. Here's the weekly chart. As his last trade, it entered the cloud. This is a good sign that it's bull is starting to show some strength. Chica spin is above price. The moving averages are in the correct order, but the cloud is still bearish and price is still inside the cloud on the weekly. And if we look at the daily chart, it looks very bullish overall. So, you know, you can choose what time frame also you want to trade this on if you want to go on a day-by-day basis. But when it comes to picking a stock, it tends to be a little bit more in your favor. Higher probability of a continuation when the weekly chart, all right, confirms the trend is strong. And when we don't have all the elements of the Ichimoku on both time frames showing that there's a, you know, just a little bit less of a probability that's going to continue to the upside. That's all. TTE, which is Total Energies SE, is under the 9367. Looks like it's pulling back down 1%, but it's in the oil and gas integrated um industry here on the daily on the weekly chart. Uh we have a faster moving average into the slower one. I would hold off until this thing can break above some highs. It looks like the new uh monthly level is actually 9417. So, I got to update that as well. 94.17 is the all-time highs. So that is a monthly high and it goes back to May 29th of this year. And you can see here that I mean we came close to it back back in this point. Do you see this? I mean back on May 30th of 2008, the high was 9134. And uh here we are. We're really close to that level. The 9, what was it again? uh 9134 because we're at 89.89 right now. If it breaks through that 8 9417, I think that's going to show certainly more strength and continuation that I'm a breakout trader. I'm looking for stocks that are breaking out to the upside, not to the downside. Okay, if you want to play that game of trying to pick the bottoms, good luck with that. Um I'm looking for stocks that have hit bottoms but are emerging. Typically, those are the best when they're emerging above the cloud. When they're emerging above the moving averages, that's what we're looking for. Breakouts to the upside. Verdive Holdings. Here's another example. A breakout above the cloud right here that led to a Oh my gosh. Wow. That's crazy. It's I'm looking at a monthly chart right now, though. So, if you even This applies to any time frame, by the way. You can use this Ichimoku indicator on you. You can switch it to a threeinut chart. Okay? Doesn't really matter. All right? This is today's action. But let's look at the monthly just for a moment. Verative is an interesting company that has been doing really well. Has been holding up above the this 26 period the majority of the time, right? And it's been above the cloud. I mean, we're talking about since I mean, it's mostly been above the cloud the entire time, right? Except for this point right here. So, I would say since October 31st of 2022, it's moved up 1,600%. It's pretty wild. XLI is an is the uh industrials uh ETF. This one is strong. That's the monthly chart. Sorry, there's the weekly. Did I show you guys the Okay, hold on. I got to go back. This is the uh ver on the weekly chart. It's under the moving averages. It's pulling back a little bit. And here's the daily chart. It's currently showing weakness. Um, so I wouldn't be adding positions here. Okay, that's all I'm saying. I would hold off a little bit. It's a strong stock. There's nothing fundamentally wrong with this company. Profit margins are strong. Sales growth rate is is very strong 17.5%. The capitalization of this company is 101.6 billion. And uh, it is certainly a stock that will probably continue to the upside, but let's wait for the correct entry in my opinion. And right now is not at the right time. XLI Industrials has pulled back a little bit these this week. As you can see here, it was above um back on um Friday last week and this was Monday. And you can see it pulled back under, but it's holding up above the cloud on the daily. And if you look at the weekly chart, we're still holding up above this level 17930 prior high of this candle. So that's good. XOM breaking above 16368, but the faster moving average is under the slower one. So, we we skip it. Now, here's another quick note. I'm going to be doing a second video this weekend. I'm not sure if it's going to be today or tomorrow. I'll probably Yeah, not sure. But I'll cover the following. The SPY, the Q, the Dow, the gold, gold, Russell, Euro stocks silver oil Bitcoin Ethereum. I'll just give you a little taste of what's going on with Bitcoin right now. This is the weekly chart. It broke through the keyunen. I'm going to show you the daily chart. It's been gapping up these last three days. You can see here it's been moving up. It got above the 200 day very quickly. Very volatile, of course, but Bitcoin is doing well and so is Ethereum. Similar action. And I'll get into the rest of these in my second video this weekend. Make sure you hit the notification bell, guys, so that you are notified when I post it. All you need to do is hit subscribe, hit the notification bell. It's free to do this. Free, free, free. It's only when you go to the join button if you want to get access to the member only videos. Okay, and that's going to do it. Thanks for watching. I hope you all have a great weekend. I'll catch you all in the next video. The ichimoku guiding light. Blue cloud trading through the night. Ooh.