Archives -> Thursday June 4th 2026 Market Newsletter
Thursday June 4th 2026 Market Newsletter
As you all are aware Matt is out of town this week, today's newsletter is mostly a recap of trade ideas from Monday, and broad market overview, we had a nice up day today, however the market sold off into the close as you can see on the SPY 15 minute time frame.
Futures are also down about a half a percent at the time of this email.
#1: $VIX - Daily 2 View live chart
VIX bollinger band sell signal that triggered on monday saw some retracement today, however there was a bit of a sell off into the close, along with downside once the futures market reopened.
#2: SPX C additional View live chart
#3: SPY 15 min SPX g - SPDR S&P 500 ETF View live chart
15 min chart, monitor the uptrend line, and demand zone after that, can see that there was a sell off into the close.
#4: SPX Daily
No changes on the SPY KISS trend system
#5: QQQ 120 New View live chart
QQQ is now trading right at the bottom edge of this channel that it's been in since mid April on the 2 hour time frame.
#6: QQQ Daily
No changes on the QQQ daily KISS trend system
#7: MU Micro - Micron Technology, Inc. View live chart
Semiconductors took a bit of a beating today, Micron included
#8: Bitcoin Coin Zoom out View live chart
nice sell off on Bitcoin the last few weeks from that RSI trendline break sell signal.
#9: BITI short bitcoin etf View live chart
BITI Inverse Bitcoin ETF, been a great short, take some profits if you haven't done so.
#10: HUM - Humana, Inc. View live chart
further growth today on this swing trade, which remains a classic example of how to raise stops into a trend.
#11: SQQQ daily View live chart
SQQQ triggered today, similar to SPXU yesterday this has triggered but is near it's all time trading lows and it's not a bad idea to have a tight stop.
