Archives -> Thursday May 21st, 2026 Newsletter shortened email version

Thursday May 21st, 2026 Newsletter shortened email version

#1: SPX C additional View live chart

Hello everyone, tonight I'm a bit under the weather so doing a short email newsletter. No changes on the market as the uptrend changes, it was a slight up day for the major indexes. Note that the US Markets are closed on Monday for Memorial day, thus we are probably not going to see meaning market reversals until after the holiday. We had some outstanding Long ideas this week from the quantum stocks (RGTI, QBTS) to ARM especially, IREN, ASTS, TDUP etc.

S&P daily, slight up date today for the market, but otherwise no technical changes from what I discussed on Wednesday's newsletter.

#2: IWM - Daily Candlesticks, 900 View live chart

Was a fantastic long on Tuesday's backtest of the support line

#3: IREN - Iris Energy Ltd. 2 View live chart

Crypto Miners IREN and WGMI were listed on Wednesday's newsletter stated as having bullish patterns, nice follow through today

#4: ARM View live chart

ARM was a new long idea from Tuesday's newsletter, FANATASIC move the last two days, broke out yesterday on expanding volume, and followed through today again, up 40% in 2 days!

#5: FATE - Fate Therapeutics, Inc. View live chart

FATE was a new long idea from Tuesday's newsletter, BIG pop today!

#6: TDUP - ThredUp Inc. View live chart

I stated that I went long TDUP 2 days ago at the 50 day MA with a tight stop, been a good trade

#7: DXYZ daily SpaceX - Destiny Tech100 Inc. View live chart

DXYZ huge move today, remember this is one of our longs that holds a bunch of pre IPO SpaceX stock

#8: ASTS Weekly Spacex star link - AST SpaceMobile, Inc. View live chart

ASTS has been a great swing trade, two weeks ago I pointed out the bullish ABC pullback as a low risk swing

#9: LIN - Linde plc View live chart

Continue to hold this long as a supply of liquified propellants to the Space Flight companies

#10: RGTI daily log - Rigetti Computing, Inc. View live chart

HUGE day for quantum stocks, this morning I posted this on the Blog. The US Government is investing 2B into these companies, and they are coming off basing patterns on massive volume, could be good swing plays