$RACE +2.32% Is Back Above $416 With $445 Now in Play
$Ferrari NV(RACE)$ $Ferrari NV (RACE) +2.32% Reclaims $416: Luxury Engine Revs Past Resistance, $458 Target in Sight ๐๏ธ๐ฅ Latest Close Data Ferrari closed at $416.13 (+2.32%) on 2026-09-22, adding $9.44. The stock sits -17.5% below its 52-week high of $504.49 and +33.2% above its 52-week low of $312.51. Intraday range was tight: $414.43โ$418.80. Core Market Drivers No company-specific catalysts today, but luxury auto sentiment firmed as broader equity risk appetite recovered. Ferrari's defensive brand pricing continues to insulate margins, while capital flow data shows heavy small-order buying (+$2,845ไธ) offsetting institutional distribution. Technical Analysis Volume came in light at 319.1K shares (Volume Ratio 0.83), suggesting the breakout lacks
$ZM +2.40% Just Turned an Oversold Dip Into a $98 Setup
$Zoom(ZM)$ $Zoom(ZM) +2.40% Surges Past $90, Momentum Building Toward $98 Breakout Zone Latest Close Data: ZM closed at $90.90 (+2.40%) on 2026-09-22, gaining $2.13 with volume of 3.95M shares. The stock sits 20.8% below its 52-week high of $114.74 but has climbed 28.6% above its 52-week low of $70.70. Core Market Drivers: Zoom's AI narrative remains the primary catalyst. The company's Anthropic stake has surged to $31.3B, reinforcing its AI investment thesis. BofA maintains a Buy rating with a $130 target, while AI feature monthly actives grew 125% YoY. Recent Q3 guidance disappointment in late August has been largely absorbed, with bargain buyers stepping in on valuation. Technical Analysis: ๐ RSI(6) rebounded sharply from 19.14 (oversold) to 35.1
$MGM Resorts International(MGM)$ $MGM Resorts (MGM) Climbs +2.43% as Oversold Rebound Targets $44.28 Pivot Zone Latest Close Data ๐ MGM closed at $38.73 (+2.43%) on September 22, 2026, with intraday range $37.52โ$38.78 and volume of 2.46M shares (ratio 0.75). Price sits 25% below its 52-week high of $51.59 and 33% above its 52-week low of $29.19. Core Market Drivers ๐ฐ The casino operator rebounded from deeply oversold conditions as short-covering emerged after five consecutive sessions of net capital outflows reversed on September 17โ18 (+$79.57ไธ). Macau/Las Vegas recovery sentiment and easing rate-cut speculation continue to support consumer discretionary exposure. No company-specific catalyst drove the move, but the +2.43% gain reflects broad sta
$Citigroup(C)$ $Citi (C) +2.49% Bounce From Oversold: Bank Giant Reclaims $135, Eyes $137 Resistance as Momentum Turns ๐ Latest Close Data Citi closed at $135.05 on Sept 22, up +2.49% (+$3.28). The stock sits 8.7% below its 52-week high of $147.96 and 44.2% above its 52-week low of $93.66. ๐ฅ Core Market Drivers Banking sector sentiment improved after Sept 17's broad selloff that dragged C down -3.09%. Institutional holders BlackRock (8.91%) and Vanguard (6.95%) maintained stable positions. Healius news confirmed Citigroup Global Markets Australia as a substantial holder, reinforcing institutional engagement. ๐ Technical Analysis RSI(6) snapped from 25.7 to 51.8, exiting oversold territory with strong reversal momentum. RSI(12) recovered to 50.4. MACD
AI Memory Strength Keeps $MU +2.77% Moving as September Earnings Near
$Micron Technology(MU)$ $Micron Technology (MU) +2.77% at $1,043.96 โ AI Memory Momentum Holds Support, $1,084 Resistance in Sight ๐ Latest Close Data MU closed at $1,043.96 (+2.77%) on 2026-09-22, adding $28.16. The stock sits โ16.8% below its 52-week high of $1,255.00 and continues its powerful year-to-date run (+226%). Core Market Drivers AI-driven memory demand remains the core catalyst. TD Cowen's $1,600 target implies further re-rating, with MU's September 30 earnings seen as the next major catalyst. Analysts also flag a potential $200โ250B buyback program that could be announced as early as December. Capital flow data showed main-force net inflow of $155.98M on 09-18, turning sharply positive. Technical Analysis Volume reached 28.17M shares (
$Z +2.82% Could Trigger Short Covering Above $31.50
$Zillow(Z)$ $Zillow(Z) +2.82% Reclaims $30 Handle: RSI Curls Off Oversold, $36 Resistance Now in Focus ๐ฅ Latest Close Data Zillow closed at $30.65 on 2026-09-22, up +2.82% (+$0.84). Price is just +4.8% above the 52-week low of $29.23, but still -66.2% below the 52-week high of $90.64. Core Market Drivers Real estate platform sentiment remains fragile after Q2 revenue miss and weak Q3 guidance triggered a series of downgrades. UBS slashed its target from $75 to $50, while mortgage rates at 6.79% continue to pressure housing turnover expectations. Today's bounce reflects oversold technical conditions and short-covering rather than a fundamental catalyst. Technical Analysis RSI(6) recovered from a deeply oversold 24.81 to 36.89, while RSI(12) improved f
$TSLA +3.03% Recharges Above $375 as the Road to $400 Opens Up
$Tesla Motors(TSLA)$ $Tesla (TSLA) +3.03% Closes at $375.30 โ Momentum Recharges Above $371 Pivot, $402 Resistance in Sight Latest Close Data: Tesla closed at $375.30 on 2026-09-22, up +3.03% (+$11.03). Price sits -24.8% below its 52-week high of $498.83, and +26.2% above its 52-week low of $297.38. Core Market Drivers: Volume surged to 36.6M shares (้ๆฏ 0.98) with total turnover of $13.72B, signaling renewed institutional accumulation. Open interest showed a slight net inflow of +$2.46B (ๆปๆตๅ ฅ 53.16ไบฟ vs ๆปๆตๅบ 50.70ไบฟ), while short volume remained elevated at 11.41% on 09-18, keeping squeeze potential alive. Technical Analysis: RSI(6) jumped to 67.7 โ firmly bullish but approaching overbought territory. RSI(12) at 59.98 and RSI(24) at 54.19 confirm stre
๐ค Metaโs Muse Just Hit #1 โ Can It Become a New Growth Engine?
$Meta Platforms, Inc.(META)$ โs new AI agent has gone from a product launch to a market story surprisingly quickly. Muse launched on September 8, reached No. 1 on the U.S. App Store within roughly 10 days, and META subsequently climbed to $741.25 on September 21, up about 21% from its September 8 close. The stock move has naturally drawn attention, but the more interesting question is what investors are actually buying into. Muse is not yet large enough to materially change Metaโs financial results; instead, its early adoption is giving the market a new way to think about how Meta could eventually monetize AI beyond advertising. The question is no longer whether consumers will try an AI agent. It is whether Meta can turn that usage into a durable,
he $200 Question Is Getting Harder to Ignore for $PLTR +3.07%
$Palantir Technologies Inc.(PLTR)$ $Palantir (PLTR) +3.07% Climbs to $183.09, Bulls Eye $200 Handle as Momentum Ignites Latest Close Data: Closed at $183.09 (+3.07%) on 2026-09-22, just 11.8% below its 52-week high of $207.52. Intraday range $176.76โ$183.38 with strong close near highs. Core Market Drivers: Palantir continues riding AI-driven government and enterprise demand tailwinds. Short volume spiked to 15.2% on 9/18, hinting at squeeze fuel. Institutional accumulation remains solid with BlackRock and Vanguard holding top positions. Technical Analysis: ๐ MACD (12,26,9): DIF 3.84 vs DEA 4.42, histogram still negative at -1.17 but narrowing sharply โ bullish convergence underway. ๐ RSI(6) surged to 71.60 (overbought), RSI(12) at 61.84, RSI(24)
$Snap Inc(SNAP)$ $Snap Inc (SNAP) +3.07% Reclaims $5.70 โ MACD Turns Positive, Short Squeeze Brewing Toward $5.83 Resistance Latest Close Data SNAP closed at $5.70 (+3.07%) on Sep 22, 2026, with intraday range $5.53โ$5.87. Price sits 22.4% above the 52-week low ($3.81) and 38.6% below the 52-week high ($9.28). Core Market Drivers ๐ฑ Social media sentiment improved as broader tech rebounded, while short interest remains elevated (~17.5% short volume ratio on 9/18). Tencent's 14.37% stake provides structural stability, but no company-specific catalyst emerged today. Technical Analysis ๐ MACD (12,26,9) turned positive at +0.0348 with DIF (0.1468) crossing above DEA (0.1294) โ a fresh bullish crossover. RSI(6) recovered from 43.7 to 55.9, exiting overs
$LULU Is Attempting a Bottom With $110 as the Line to Beat
$Lululemon Athletica(LULU)$ $Lululemon Athletica(LULU) +3.30% Rebound Off 52-Week Low, $101 Breakout Attempt Faces $110 Resistance ๐ Latest Close Data: LULU closed at $101.30 (+3.30%) on 2026-09-22, bouncing sharply from the 52-week low of $95.35 but still trading 55% below the 52-week high of $225.98. Core Market Drivers: Lululemon shares have plunged 53% in 2026 amid broad apparel and retail spending weakness, yet Michael Burry sees opportunity at depressed levels. Founder Chip Wilson's divorce announcement raised concerns about a potential 8.6% stake disposal, adding overhang to the stock. Technical Analysis: RSI(6) recovered to 47.88 from deeply oversold 26.09, confirming a momentum shift; RSI(12) at 41.52 remains neutral. MACD DIF (-5.55) sti
$AMBA +4.08% Rallies as Bulls Set Their Sights on $74.36
$Ambarella(AMBA)$ $Ambarella (AMBA) Reclaims $68.85 (+4.08%) on AI Accelerator Momentum: Bulls Target $74.36 Breakout ๐ Latest Close: AMBA closed at $68.85 (+4.08%), bouncing from $66.75 low to $69.38 high. Now ~28.8% below 52-week high of $96.69, ~42.5% above 52-week low of $48.30. Core Drivers: Ambarella surged on its new standalone AI accelerator X7 launch, with multiple top-tier OEMs already in design-in. The potential ~$3.3B NXP acquisition remains in play as a bullish overhang. Edge AI SoC demand continues accelerating in automotive and robotics. Technical Analysis: MACD: DIF -2.05 vs DEA -2.42, histogram +0.734 โ bullish crossover confirmed, momentum turning positive. RSI(6): 61.0, RSI(12): 51.0 โ recovering from oversold, now neutral-bulli
$U +4.37% Reclaims $43 as $44 Breakout Comes Into View
$Unity Software Inc.(U)$ $Unity Software Inc.(U) +4.37%: Game Engine Giant Reclaims $43, Eyes $44 Breakout Zone ๐ฎ๐ Latest Close Data U closed at $43.21 on Sept 22, up +4.37% (+$1.81). It now sits 17.1% below its 52-week high of $52.15, with intraday range $41.26โ$43.55. Core Market Drivers BofA upgraded U from Neutral to Buy with target lifted $30โ$50, citing a breakthrough quarter in advertising. Morgan Stanley also raised its target to $50 (Overweight). Q2 revenue of $546M crushed the $515M consensus, with adjusted EPS of +$0.28 vs. โ$0.09 expected. Technical Analysis Volume surged to 10.08M shares (Volume Ratio 1.31), confirming conviction. RSI(6) jumped to 57.8 from 34.4, exiting oversold โ bullish momentum reset. MACD remains negative (โ0.86) bu
US stocks surged today as a wave of positive news hit simultaneously
US stocks surged today as a wave of positive news hit simultaneously, causing several major risk concerns that had previously weighed on the market to subside: 1) Signs of de-escalation in the Middle East. Supply concerns regarding the Strait of Hormuz eased and signs of shipping recovery emerged; the market began pricing in a reduction of the Middle East risk premium. 2) A window for renewed US-Iran negotiations. Trump expressed willingness to meet the Iranian president during the UN General Assembly; the market began betting on a diplomatic path reopening, significantly cooling expectations of further escalation in the Middle East crisis. 3) A sharp drop in oil prices. Brent crude briefly fell below $100 intraday, while WTI dropped to around $96. Lower oil prices offered a temporary repr
$Food Empire(F03.SI)$ Food Empire - what is happening. Price is down 25 cents to 1.85. Is there any news. Very strange to see the price being sold down drastically from 2.10 to 1.85. Not sure what causes this magnitude of selling down. Did see any secuit breaker being triggered from sgx. As usual, can't rely on them. Pls dyodd.
Strategyโs MSTR Paradox: The Bitcoin Machine Has a Bill to Pay
The Treasury Operation That Ate the Software Company At $153.92 on 18 September 2026, $Strategy(MSTR)$ carries a market capitalisation of $59.14 billion against trailing revenue of just $498.35 million. That gap is not necessarily a problem; it is the point. Investors are valuing Strategy less as a software company and more as a capital-markets vehicle built around Bitcoin, with digital assets carried at $49.67 billion at 30 June. I find it fascinating in the way a Rube Goldberg machine is fascinating: ingenious, elegant and slightly alarming once you count how many things need to go right. The question is whether it keeps creating value for common shareholders once the cost of maintaining it is properly counted. The software company became a mach
For me, $SpaceX(SPCX)$ moving from 1.28% to 2.82% in the Nasdaq 100 is interesting, but I would not chase it purely because of rebalancing. Passive funds may create short-term buying pressure, but that is mainly a technical flow, not a fundamental change. I am holding SPCX with a mid-to-long-term mindset, so I care more about what happens after the index buying settles. Starlink, launches and future AI infrastructure are exciting, but I still want to see how they translate into sustainable revenue and cash flow. My approach is to collect gradually and avoid FOMO. ๐ If SPCX rallies strongly from the index effect, I would rather let the short-term noise settle than chase the price. For me, long-term fundamentals and discipline matter more.
For me, this looks more like a relief rally than a signal that the Fed no longer matters. Easing Treasury yields and lower oil prices gave growth and semiconductor stocks room to recover, which helped names like $NVIDIA(NVDA)$ , $Advanced Micro Devices(AMD)$ and $Micron Technology(MU)$ bounce strongly. I am still watching the 10-year yield closely. If yields remain high, valuation pressure could return, especially for growth stocks. Strong economic data also has a double edge: it supports earnings but may give the Fed more reason to keep rates higher for longer. For my portfolio
For me, the biggest takeaway is not the 25bp hike itself, but the โhigher for longerโ message. Sticky inflation and resilient growth give the Fed room to remain restrictive, so I am not expecting a quick return to easy money. I am watching this closely for growth and semiconductor stocks. Higher Treasury yields can pressure valuations, especially for high-growth names, while a stronger dollar and tighter liquidity add further pressure. However, solid economic growth could provide some support through earnings. For my portfolio, I am not trying to predict the next Fed move. I remain bullish on AI and semiconductors long term, but prefer gradual accumulation during pullbacks instead of chasing rallies. The bigger question for me is how long rates stay elevated, not just whether we get anoth