{"id":77125,"date":"2025-01-27T08:46:40","date_gmt":"2025-01-27T13:46:40","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=77125"},"modified":"2025-01-28T13:50:00","modified_gmt":"2025-01-28T18:50:00","slug":"tech-meltdown","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2025\/01\/27\/tech-meltdown\/","title":{"rendered":"Tech Meltdown"},"content":{"rendered":"<p><b>Brought to You By\u00a0<a href=\"https:\/\/vp301.isrefer.com\/go\/ppor\/t3l\/web-db\">Scott Redler's Power Plays \u2013 Get My #1 Idea \u00a0Week.<\/a><\/b><\/p>\n<div><\/div>\n<p style=\"line-height: 160%; margin: 12pt 0px 0px; color: #343434; text-align: left; white-space: normal; background-color: #ffffff; padding-bottom: 12pt;\"><span style=\"line-height: 24px; color: #0d0d0d; background-color: #ffffff;\">We have mostly red arrows around the World as headlines about &#8220;DeepSeek&#8221; get debated.\u00a0 AI optimism fueled tech for the past two years, so any disruptions and the market gets emotional. We'll see how emotional after some price discovery today.<\/span><\/p>\n<p style=\"line-height: 160%; margin: 0px; color: #343434; text-align: left; white-space: normal; background-color: #ffffff; padding-bottom: 12pt;\"><span style=\"line-height: 24px; color: #0d0d0d; background-color: #ffffff;\"><strong style=\"line-height: inherit;\">SPX<\/strong>\u00a0futures -140, a pretty sizable down move after a small sell signal on Friday. We did reduce some risk as the <strong>SPY<\/strong> did a Red Dog Reversal sell,\u00a0<strong style=\"line-height: inherit;\">QQQ<\/strong>\u00a0made a lower high and\u00a0<strong style=\"line-height: inherit;\">NVDA<\/strong>\u00a0gave a bearish engulfing candle on Friday to adjust. But being small could hurt as the move this morning is bigger than usual. We'll see how the market reacts this morning after discovery. 5905-5930 is pretty decent support to see if it holds.<\/span><\/p>\n<p style=\"line-height: 160%;\">Now let's dig into some names.<\/p>\n<p style=\"line-height: 160%;\"><strong style=\"line-height: inherit; color: #0d0d0d; text-align: left; white-space: normal;\">NVDA<\/strong><span style=\"color: #0d0d0d; text-align: left; white-space: normal; background-color: #ffffff; float: none; display: inline; line-height: 24px;\">\u00a0thank goodness this gave a Red Dog Reversal sell into a bearish engulfing candle to get me out of my long here. Now we see if the $126-$129 area holds. I'll see if we get a 5-15-30-60 minute pivot to try against. Take care here, it will be a fast emotional trade.<\/span><\/p>\n<p style=\"line-height: 160%; margin: 0px; color: #343434; text-align: left; white-space: normal; background-color: #ffffff; padding-bottom: 12pt;\"><span style=\"line-height: 24px; color: #0d0d0d; background-color: #ffffff;\"><strong style=\"line-height: inherit;\">AMZN<\/strong> is down with the tech sell down. I do still have some from last week. Pre- market low is $219ish. We'll see if we get a 5-15-30-60 minute low to buy against and trade around it. We still have this name in Power Plays from the $224 area.<\/span><\/p>\n<p style=\"line-height: 160%; margin: 0px; color: #343434; text-align: left; white-space: normal; background-color: #ffffff; padding-bottom: 12pt;\"><span style=\"line-height: 24px; color: #0d0d0d; background-color: #ffffff;\"><strong style=\"line-height: inherit;\">META<\/strong> I did buy calls when the stock was $625ish and then created a call spread as it hit $652+ on Friday. It said it's increasing cap ex as the DeepSeek debate gets loud. I will probably cover my short calls and keep the long on for earnings this week. We'll see what pivot we get this morning to use.<\/span><\/p>\n<p style=\"line-height: 160%; margin: 0px; color: #343434; text-align: left; white-space: normal; background-color: #ffffff; padding-bottom: 12pt;\"><span style=\"line-height: 24px; color: #0d0d0d; background-color: #ffffff;\"><strong style=\"line-height: inherit; color: #0d0d0d; text-align: left; white-space: normal;\">MSFT<\/strong><span style=\"color: #0d0d0d; text-align: left; white-space: normal; background-color: #ffffff; float: none; display: inline; line-height: 24px;\"> lagged for the past 6 months. It's down harder than other names as it put a lot of money into AI. We'll see if we get a 5-15-30 minute low to use. I'll avoid but watch. $410ish is a big support spot. Earnings are this week.<\/span><\/span><\/p>\n<p style=\"line-height: 160%; margin: 0px; color: #343434; text-align: left; white-space: normal; background-color: #ffffff; padding-bottom: 12pt;\"><span style=\"line-height: 24px; color: #0d0d0d; background-color: #ffffff;\"><span style=\"color: #0d0d0d; text-align: left; white-space: normal; background-color: #ffffff; float: none; display: inline; line-height: 24px;\"><strong style=\"line-height: inherit; color: #0d0d0d; text-align: left; white-space: normal;\">AAPL<\/strong> never spent a ton on AI, so it will be interesting if this goes from the most challenged Mag7 or starts to act better. $219.38 is the recent low. I'll see if I get a signal to buy to go green as I've avoided this name for the past few weeks as actively it's been an avoid since breaking $253ish. Earnings are on Thursday.<\/span><\/span><\/p>\n<p><a href=\"https:\/\/vp301.isrefer.com\/go\/ppor\/t3l\/web-db\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-57046 \" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text.png\" alt=\"\" width=\"634\" height=\"87\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text.png 1000w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-300x41.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-150x21.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-768x105.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-80x11.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-220x30.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-250x34.png 250w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-280x38.png 280w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-510x70.png 510w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-750x103.png 750w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2021\/09\/scott-redler-power-plays-logo-text-975x134.png 975w\" sizes=\"(max-width: 634px) 100vw, 634px\" \/><\/a><\/p>\n<h3><strong>Featured: Join Scott Redler's Plays for $99<\/strong><\/h3>\n<p>Get Scott's #1 idea each week.<\/p>\n<p>That's 52 weeks for just $99. (not a typo)<\/p>\n<p>Be on the list for the next idea:<\/p>\n<p><strong><a href=\"https:\/\/vp301.isrefer.com\/go\/ppor\/t3l\/web-db\">See why now's the right time to join.<\/a><\/strong><\/p>\n<p style=\"line-height: 140%; margin: 0px 0px 13px; color: #343434; text-align: left; white-space: normal; background-color: #ffffff;\"><strong class=\"bard-text-block style-scope\" style=\"line-height: inherit;\">This Week's Calendar<\/strong><\/p>\n<p style=\"line-height: 140%; margin: 13px 0px 0px; color: #343434; text-align: left; white-space: normal; background-color: #ffffff;\">This is a huge week with the FOMC, earnings from <strong>META<\/strong> <strong>MSFT<\/strong> <strong>TSLA<\/strong> <strong>AAPL<\/strong>, and the PCE price index. Take a look:<\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-77126\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-250x300.jpg\" alt=\"\" width=\"700\" height=\"840\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-250x300.jpg 250w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-853x1024.jpg 853w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-125x150.jpg 125w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-768x922.jpg 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-67x80.jpg 67w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-183x220.jpg 183w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-83x100.jpg 83w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-198x238.jpg 198w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-346x415.jpg 346w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-406x487.jpg 406w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics-496x595.jpg 496w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/1-27-T3-Live-Calendar-Earnings-Economics.jpg 960w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><em>*Scott Redler Positions Disclosure as of 2025-01-27 at 8.17.08\u202fAM<\/em><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-77127\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-300x154.png\" alt=\"\" width=\"300\" height=\"154\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-300x154.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-150x77.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-768x395.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-80x41.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-220x113.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-194x100.png 194w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-280x144.png 280w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-463x238.png 463w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM-750x386.png 750w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/01\/Screenshot-2025-01-27-at-8.17.08\u202fAM.png 846w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brought to You By\u00a0Scott Redler&#8217;s Power Plays \u2013 Get My #1 Idea \u00a0Week. We have mostly red arrows around the World as headlines about &#8220;DeepSeek&#8221; get debated.\u00a0 AI optimism fueled tech for the past two years, so any disruptions and the market gets emotional. We&#8217;ll see how emotional after some price discovery today. SPX\u00a0futures -140, a pretty sizable down move after a small sell signal on Friday. We did reduce some risk as the SPY did a Red Dog Reversal sell,\u00a0QQQ\u00a0made a lower high and\u00a0NVDA\u00a0gave a bearish engulfing candle on Friday to adjust. But being small could hurt as the move this morning is bigger than usual. We&#8217;ll see how the market reacts this morning after discovery. 5905-5930 is pretty decent support to see if it holds. Now let&#8217;s dig into some names. NVDA\u00a0thank goodness this gave a Red Dog Reversal sell into a bearish engulfing candle to get me out of my long here. Now we see if the $126-$129 area holds. I&#8217;ll see if we get a 5-15-30-60 minute pivot to try against. Take care here, it will be a fast emotional trade. AMZN is down with the tech sell down. I do still have some from last week. Pre- market low is $219ish. We&#8217;ll see if we get a 5-15-30-60 minute low to buy against and trade around it. We still have this name in Power Plays from the $224 area. META I did buy calls when the stock was $625ish and then created a call spread as it hit $652+ on Friday. It said it&#8217;s increasing cap ex as the DeepSeek debate gets loud. I will probably cover my short calls and keep the long on for earnings this week. We&#8217;ll see what pivot we get this morning to use. MSFT lagged for the past 6 months. It&#8217;s down harder than other names as it put a lot of money into AI. We&#8217;ll see if we get a 5-15-30 minute low to use. I&#8217;ll avoid but watch. $410ish is a big support spot. Earnings are this week. AAPL never spent a ton on AI, so it will be interesting if this goes from the most challenged Mag7 or starts to act better. $219.38 is the recent low. I&#8217;ll see if I get a signal to buy to go green as I&#8217;ve avoided this name for the past few weeks as actively it&#8217;s been an avoid since breaking $253ish. Earnings are on Thursday. Featured: Join Scott Redler&#8217;s Plays for $99 Get Scott&#8217;s #1 idea each week. That&#8217;s 52 weeks for just $99. (not a typo) Be on the list for the next idea: See why now&#8217;s the right time to join. This Week&#8217;s Calendar This is a huge week with the FOMC, earnings from META MSFT TSLA AAPL, and the PCE price index. Take a look: *Scott Redler Positions Disclosure as of 2025-01-27 at 8.17.08\u202fAM<\/p>\n","protected":false},"author":4,"featured_media":75075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-77125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/77125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=77125"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/77125\/revisions"}],"predecessor-version":[{"id":77128,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/77125\/revisions\/77128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/75075"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=77125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=77125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=77125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}