$Oracle(ORCL)$ I'm usually a 90% bullish trader, and I'm hoping ORCL runs to $180–$200 after earnings. But with the selling pressure from spiking oil prices and rising 10-year Treasury yields right now, any mention of increased capex could hit the stock hard. Heavy debt is already Oracle's weakest link, and taking on new debt now means paying higher interest rates to match market conditions. If ORCL is smart, even if they have more capex planned, they won't disclose it on earnings day, and will do it later to give the stock a better chance to rally. $Adobe(ADBE)$ $iShares Expanded Tech-Software Sector ETF(IGV)$
The $Invesco QQQ(QQQ)$ weekly chart looks interesting. It has been building a 3-month base, with a shakeout inside that base, and price is getting tight on the right side. The 10/20-week MAs are pinching now.