BullSignal | Global Market Intelligence

$MU is sitting on a key support zone around $850-$870’s. The line in the sand is clear: this area has to hold. If it does, a near-term oversold bounce could backtest the 50dma around $923’s. 1 $RKLB has dumped hard.

Nasdaq sentiment is worse than the tape. The current drawdown still has not matched the early-June deleveraging move, when the Nasdaq fell nearly 9 points in 6 trading days.

NYSE Advance-Decline Line just closed at another all-time high. Breadth is still confirming risk appetite, not breaking down. Calling that bearish is a stretch. 1 $QQQ looks at risk of closing red this month.

$KWEB and $BTC are trading like “conjoined twins”: both topped on the very same day in October 2025, both dumped roughly 50% ish, and both have recently staged a solid bounce. The key read-through is tight risk-on …

$MAGS / Mag 7: The trade is back in control. $MAGS has almost clawed back all of June’s losses, reinforcing the playbook of sticking with the Mag 7 when market direction gets noisy. 1

$OKTA: Trimmed more “let-it-ride” exposure based on the daily chart. The playbook is risk-managed, not all-or-nothing: plenty of lower levels to re-enter or defend, with multiple stops already set. 1

Low $VIX says the tape still has no real fear, even with the memory-space selloff. Mag 7 strength is cushioning the broader market instead of letting risk-off fully take over. 1 AI remains the core bull-market engine.

Earnings ≠ price action. The read-through is blunt: good or bad earnings often have little direct linkage with stock moves. Repeated earnings seasons make that clear. The key is not the headline print, but positioning, …

$AMZN is in a gap-up setup and tagging the 50ma. The key trigger is a move-and-hold above that area; stops get ratcheted higher only after confirmation. Clean momentum, but risk control stays tight. 1

Rate-cut tape stays in control. U.S. June PPI came in cold across the board: PPI YoY 5.5% vs 6.2% expected, prior revised from 6.50% to 6%; PPI MoM -0.3% vs 0% expected, prior revised from 1.10% to 0.6%. Core PPI YoY …