THE AI MEMORY TRADE IS BACK 🚨 Plus Volatility Ahead

All right, this last week stocks fell on a stronger thanex expected jobs report, but not everything was doing poorly. I'm going to identify three stocks that are moving higher right now that I think are good trade setups for this coming week. I'm also going to cover some important macro events and some interesting tweets that are going to affect us significantly in the future. And I'm going to give you a fresh view of the spy. And I'm going to tell you right now when I go look at the spy, we still are in this camp of being cautiously bullish. Even though Friday was a rough day and the majority of the money that was being made was made going short on the MAG 7, there was two stocks that continued to climb and I traded with my community and even though we were dealing with a sea of red, I was identifying perfectly the moves to the upside and we did very well taking Nvidia and Meta up. But let's get into the catalyst events ahead and what's going to affect the market. It's basically two things. It's the PPI and the CPI. The PPI comes out Thursday and the CPI for August comes out Friday. Both of those reports come out 8:30 a.m. Eastern time before the market opens. Now, these reports are especially important because the next week after that, so not this coming week, but the week after that, we're going to get a new Fed rate decision. Now, I'm hoping that he leaves the rates alone. And if he did that, I think the market could find some steam to continue to climb and maybe get to a brand new all-time high. We're at an inflection point, price compressing and flagging at an important level, and it could break either way. I'll show you that spy chart here in just a minute. And of course, our other Fed, Fed Trump, tweeted a response to the jobs report. He said, "Lower the rate or I'll stop trading with countries with which we have a deficit. The Fed board with its great new leader must get smart. Be patriots for a change." Well, it all comes down to higher rates from the Fed or a major escalation in global trade from Trump. What do you guys think of all of that? Now, I have to go back to the VIX because the VIX did something on Friday. Even though we were seeing a lot of red, the VIX was extremely calm. It actually at one point in the middle of the day went all the way down to 1380. And I've been telling you guys for weeks that if it gets beneath 15, expect increased volatility. So that low of under 14 on the VIX. Now the VIX measures fear in the market and that low read means that the market is not hedging. We are closed on Monday. We go back to trading on Tuesday. But I can tell you that if there's one message that you take away from this video is expect extreme volatility over the next couple weeks. We're going to get a lot of movement on stocks. There's going to be a lot of money to be made. Now, I've identified a winning sector and I'm going to go over that in a moment, but let's first check in on the spy. I'm going to give you a fresh view of what I'm watching there. Now, I'm going to keep it very clear this time. I'm looking at weekly candles on the spy and I've talked about it many times. As long as we stay above the middle of the channel, then we are in the hands of the bulls. Now, we are compressing against an area of resistance that has held us back for the last two weeks, and that's 771. So, going into Tuesday, if we start pushing above 771, we're going to have an explosive move higher, and our immediate target is going to be 783. It could be a very volatile week. But if we cannot get above 771 on Tuesday and we start to curl back over and get into the bottom half of this channel, well then we know that we're going to have a pretty rough day and continue lower to 753. Now, I keep showing the RSI on this and from the perspective of the weekly time frame, we're above the 60% level. It's just another reminder that the bulls are running this market. So, we got to keep a watch on that. On the daily time frame, we were below the 60%. It just means that the immediate market is running more neutral, but the overall long-term market is running hot to the upside. I go over the spy because I think it's extremely important that you guys have a sense of what the overall market is doing and not get caught up staring at one red chart that freaks you out and causes you to disengage from Wall Street when there's a ton of money being made on opportunities and stocks moving higher. What are they? Well, we're going to get into it. It's the memory trade. The memory trade was performing very well on Friday. SanDisk was up roughly 11%. Micron was up 5%. SK Highix was up 6%. The Roundill Memory ETF was up nearly 6% while the broader market was blood red. What is going on? Why is this turning around? And are you in any of these stocks climbing higher? The reason is is that AI is creating a massive demand shock for memory. DRAM and NAN prices have risen more than 200% year-over-year in different parts of the market. Micron is now reportedly moving to double its HBM production capacity to roughly a 100,000 wafers per month by the year end. And Apple is feeling this directly. Memory costs for the 256 GBTE iPhone 18 Pro are projected to be nearly 400% higher than one year ago. So the bottom line is that the first phase of AI was all about GPUs and Nvidia and the next phase seems to be about what is surrounding those GPUs. Some are speculating that memory is the critical bottleneck of the entire AI buildout. And that's why Wall Street is aggressively repricing these companies that control that supply. Now, I'm going to take you into those charts real quick. We're going to do a fresh analysis. I'm going to give you some targets and then I've got your bonus stocks at the end. Let's get into it. All right. I really like to keep technicals simple. I often find confluence in momentum as well as the Fibonacci and the trendbased fib extensions. But let's just highlight that on AMD which saw a lot of powerful move to the upside on Friday that we've come back and we bounced on this yellow moving average line which is the 20 EMA. So here's what's important for you to understand. The 20 EMA is the last stand of the bulls. And so what you would want to see is you'd want to see price react to it. It reacted to it here. We got a dogee here. We got one more push beneath and it turned into a rocket ship again on the 20, which means that the bulls showed up and they were not going to let AMD fall any lower. Now, we also have candle theory here and we've got a morning star pattern, which is a red candle down followed by a dogee and potentially a green candle up. So, what we need is a two candle close above 516 and the target is to move all the way back to the previous all-time high. Now, I'm not calling that out right now. Okay? So, what it is I'm saying is that the easiest money to be potentially made on AMD is for this move higher going up to 516. So, 516 is the immediate target for AMD and I think it looks like it's worth taking risk on going into next week. Put it on your watch list and let me know if you like the trade idea. And then MU. Now, I've covered this many times and I told you that we had an inverse head and shoulders pattern bullish with a neckline around $1,000 on the chart. Now, we ended Friday closing above that neckline. Now, we need to see a follow-through on this coming week. But if this does officially confirm, you take the lowest price of the head and shoulders and you put it on the neckline and it means that MU wants to make a brand new all-time high somewhere right around 1300. Now, I'm going to have to pause and put my face up and remind you that this is just a review of some technicals and some targets that I'm giving you. You have to incorporate all of this into a trade plan, which involves risk and capital preservation, which involves a stop-loss and position sizing, which is within an overall long-term investment strategy. So, I'm just giving you some technicals. This cannot be the basis of your entire trade decision. You cannot sit there and go, Josh seemed bullish on these stocks. So, I'm going in with no other game plan, but just hope that they go higher. As I said, we are moving into a volatile week with big reports like the PPI and CPI, which everybody is with baited breath watching out for because those will determine what the Fed does the following week on the 16th, whether we're going to get a rate hike. It could be that many stocks are going to fall going into this uncertain environment. And that's why we saw a sea of red on Fridays. We're going over the memory stocks because they didn't participate, which means we want to be paying attention to them because they were outliers. Let's continue. I'm going to show you the INTC chart. Now, I've talked about INTC multiple times over the last couple weeks. I called it an active trade above $88, and it's sitting now at 95. So, that is a beautiful $7 move between then and now. Now, similar to the SPY being in a bearish ascending channel, but on the positive half of it, we've got INTC in a bullish descending channel on the bearish half because the last time we got to it, it actually became the point of reversal and the point of selloff. So, for that story to change and for it to hit these higher levels and even to get as high as potentially around 117, we need to cross into this range. We need to open and close some candles, the two candle rule, which means we got to go up into it. We got to open and close another candle above it. And that means we move into a very positive area where the stock can continue to trend and hit higher targets. But if we reject and we cannot close above the middle of this channel, then we're going to begin to expect these lower targets to be realized. Now, personally, I believe that INTC is going to do well. There's a lot of congressmen as well as the president who says this is an important company and they themselves are personal investors in it. Nancy Pelosi and her crystal ball have gone long on leaps going into 2027 and it's at a huge discount in an area where I really don't see the price collapsing much more. I see more opportunity in INTC to the upside. The pullback has been strong enough and deep enough and I think we're going to go and test the upper side of this move. Now the bonus stocks that I want to talk to you guys about is Netflix. Now, Netflix was one of the casualties of Friday, and my stop loss got triggered at $81.50. I showed that to you, and I sure hope that you had the discipline to have a stop-loss in somewhere in that range. But I want to get back in on Netflix. I called it out at $74, and it ran all the way up to 8350. A beautiful trade if you participated in it. I think we can do it again. Let me show it to you in the charts. So, the last time I talked about Netflix, I showed you the stop loss at $8150. I said, "You've got to run with one." And boy, did it have an ugly day. 5% drop cutting through all the gains made recently. And I think that an area where buyers are going to show up is right here between 78 and 7740. And specifically, it also coincides with this previous area of resistance that I believe should naturally become support going into this next week because I think we're done with going down on Netflix. I believe that after that we have the potential of running all the way up above $85, even as high as 90. Now, I'm going to say the same thing I said a moment ago regarding the memory stocks. That's not a trade plan. Those are my entry points. You've got to use a stop-loss. You've got to consider position size. I'm letting you know setups that I like and areas that I want to be in. And these plays have been working out. Have a wonderful weekend. I'm heading out of the country this coming Monday, but I will be trying to make some videos here and there. You will see me in Japan next, and I'll let everybody know if there's an opportunity to do a meetup out there. Peace and blessings, my friends. Check out the Stocks with Josh Discord. We absolutely nailed live trading. I gave incredibly timed trades on Nvidia and Meta to the upside. Identified stocks that were strong and moving higher. I made it easy for people. Now, I'm not promising that Wall Street's easy. I'm telling you, it's the hardest way to make that easy money. Now, we made some easy money on Friday. It was nice and rewarding. Come join the Stocks with Josh community and trade with me again this coming week. Peace and blessings, my friends. I'll see you soon.