Archives -> Thursday May 28th, 2026 Newsletter
Thursday May 28th, 2026 Newsletter
Hello everyone and happy Thursday. Nothing new to report on the US Markets as they continue their relentless uptrend. The noteworthy thing today however is that the VIX closed below it's lower Bollinger Bands, so that has my attention. Remember a close back inside the Bollinger Bands would constitute a VIX Bollinger Band SPX sell signal.
Otherwise, the long ideas (and systems) have been our bread and butter.
Phenomenal moves in trade ideas: RDW, BITI, XOVR, ASTS, RKLB, BTQ, NTNX, TDUP, RGTI, QBTS, YPF, AMPX etc. Check them out and the charts below with my comments above the charts images.
Matt
#1: SPX Daily
SPY KISS Daily system no changes, yesterday the R2M mean reversion trade closed out, otherwise the KISS Trend system is still long from April 9th.
#2: QQQ Daily
QQQ daily KISS trend system, no changes, system still long from April 1st 'LIKE A BOSS'. STS stop is still 666, we should see this stop trail up soon.
#3: SPX C additional View live chart
Again guys, like a broken record, no changes on the market, the Energizer Bunny just keeps going and going and going.
#4: $VIX - Daily 2 View live chart
The crazy strong uptrend in the general market continues, however today the VIX closed below its lower Bollinger Bands, so that puts us on notice. A close back inside the Bollinger Bands would be a sell signal.
#5: $TNX monthly close up - CBOE 10-Year US Treasury Yield View live chart
Nice pullback off the monthly coil for the 10-Year Yield. That said, this is a very bullish chart that should breakout this summer sometime. Short term continues pulling back in wave e of the coil.
#6: XBI daily 2 View live chart
XBI Biotech has been an easy long. Was a textbook abc 3-wave pullback, remember that's one of the lowest risk long setups you can take. I think one can now move swing stops up to the dotted purple line.
#7: IGV - iShares Expanded Tech-Software Sector ETF View live chart
The Software sector, which I became bullish on in late March continues to slowly march higher. Software stocks like ORCL, NOW have been nice
#8: ORCL View live chart
ORCL was a swing long I put out back in early April, it has had a phenomenal move and has been a great swing trade. Today tagging my 1st major target of the supply zone.
#9: NOW daily - ServiceNow, Inc. View live chart
One of the service stocks I've been long including ORCL,
#10: Bitcoin Coin Zoom out View live chart
The objective sell signal from the RSI Trendline break on Bitcoin has been outstanding.
#11: BITI short bitcoin etf View live chart
The easy way to play the sell signal from Bitcoin short signal was the BITI ETF.
#12: CIFR Weekly - Cipher Mining Inc. View live chart
While Bitcoin has been super weak, the diversified crypto miners have been strong, i.e. WGMI, HUT, IREN, CIFR
#13: $Commodity OIL 1 year WTIC View live chart
Despite all the Iran news last night, crude oil continues in a downtrend after breaking the bearish diamond.
#14: Matts Macro Commodity Precious Metal Gold Daily MA Config View live chart
Gold tagged its 200 day MA (which has been one of my targets) and bounced.
#15: GDX daily Candlestick View live chart
Nice move under and recovery of the 200 day MA. If long, place a stop at today's lows.
#16: $Gold GDX - BPGDM Renko clean View live chart
Remember, the GDX BPGDM Renko system went long the other day, no changes, still long.
#17: RDW - Redwire Corporation space View live chart
I added RDW a week ago to the longs list. I call this the 'picks and shovels of space' been a phenomenal swing!!!
#18: XOVR daily SpaceX- ERShares Entrepreneur 30 ETF View live chart
Part of the SpaceX longs I've had on the longs last for the last 2 months. moving nicely on expanding volume!
#19: ASTS Weekly Spacex star link - AST SpaceMobile, Inc. View live chart
ASTS was added as a swing long in the space group, a couple weeks go, VERY nice move the last two weeks! I hope you bought it.
#20: SATS daily SpaceX - EchoStar Holding Corp. View live chart
The Space stocks group have been enfuego especially with SpaceX IPO approaching. SATS has been weak the last several days, but nice rebound today. If long, I suggest a stop at today's lows.
#21: BTQ - BTQ Technologies Corp. View live chart
BTQ has been on the watchlist for a few weeks, lately it's really started to move.
#22: FATE - Fate Therapeutics, Inc. View live chart
FATE was added to our longs watchlist last week and has had a stellar run!
#23: RGTI daily log - Rigetti Computing, Inc. View live chart
Yesterday I said the quantum stocks were flagging and to look for another move, RGTI, QBTS, ARQQ nice moves today, here's RGTI!
#24: AMPX - Amprius Technologies Inc. View live chart
I put out AMPX on the weekend newsletter as a low risk bounce play off the trendline retest. Big move on Tuesday, and today up 21.5%
#25: YPF - YPF Sociedad Anonima View live chart
YPF was a long from the weekend newsletter, broke out yesterday with some follow through today. consider locking in at least some partial profits.
#26: AIRG - Airgain, Inc. View live chart
AIRG starting to breakout of a tight coil on expanding volume, look for follow through. A swing stop would be a today's lows.
#27: MSFT Daily Extended View View live chart
Consolidation nicely, on a move to the upside first target would be filling the open gap.
