[music]
>> Hey folks, Nick Valdez here for Verified
Investing and today we are looking at
stocks because I have the alpha for you
and it's very closely related to the AI
meeting that we saw at the White House
yesterday. I have the complete breakdown
of all of the companies that were
invited and we're going to kind of talk
about their stocks because we're seeing
some major moves. Now, let's start
things off with the Apple chart. Apple
looking at this rising trend line. We
kind of talked about this before and we
did end up getting rejected there. Now,
we kind of shot above and then press
back further, but look at that. We
retested it not that long ago, folks.
This is just a few days ago and look at
the next level, folks. It's going to be
a very, very important retest right
around 346. Now, what is this list of
companies, folks? Nvidia, Google,
Microsoft, Amazon, et cetera, et cetera.
Well, that has to do with the White
House meeting yesterday. And so you can
see the list of CEOs. You see Nvidia's,
you see Meta right there. You see Jeff
Bezos for Amazon. Tons and tons of CEOs
talking to President Trump and his team
including David Sacks, the former AI
czar about the White House strategy and
the American strategy on AI. Now, this
photo definitely going viral. A lot of
people are saying, you know, have a
having a good laugh at the way Bill
Gates is looking upon you know, the desk
there at the Oval Office, but I have the
actual luncheon seating chart. Now,
right here you can see the breakdown.
Palantir is there. OpenAI, Amazon.
You know, we saw a speaker Mike Johnson
there as well. Anthropic, Nvidia, Meta.
Now, the reason I'm Micron, the reason
I'm showing you this list is if you go
into TradingView. You open up a new tab.
It's going to be, you know, it's a new
tab. Hit screeners, stocks and if you
sort it by market cap, 200 and above, if
you look at the top gainers, you're
looking at basically what you saw there.
You saw Google was there, Apple
representatives, Amazon, Microsoft,
Nvidia, Palantir. And so you're seeing a
lot of overlap between who was invited
to the White House and what stocks are
pumping today when it comes to these
major caps. Now, is there collusion? Is
there backdoor meetings that we don't
know about? I wouldn't go that far with
speculation. I think a lot of people
just like to see that, all right, well,
when it comes to deal making and it may
be some same sort of favorable terms,
these companies are going to be high on
the list. Let me know what you think
though, down below in the comment
section. I like seeing all your comments
there. Is this just straight up
collusion or is this just, you know,
America, China stay on the forefront and
maybe these companies are going to be in
a good position. I don't know. All
right, let's uh look at a favorite stock
of a lot of you folks out there. It's
going to be GameStop, a little bit of a
meme stock here.
I'm looking at this trend line right
here, October 3rd, May 1st, that
establishes our descending trend line,
and this is coinciding with the 786 on
GameStop. So I keep a close eye on that
level there. Now, let's also look at
Nike. I got my Nike shoes on. I don't
know what kind of shoes you wear. I
asked a co-host, you know, a co-worker
of mine, we have a morning show. I said,
you know, when was the last time you
bought Nike shoes? She said decades,
folks, decades. So, maybe not as popular
as it once been, and February 14th,
no, wrong, not Valentine's Day, February
2014.
That is the last time we saw the price,
you know, testing these levels. Now, I'm
going to throw a horizontal line. I just
get our little tool here, put it right
there at the low. There are some, you
know, nice support levels.
I I I know it's been that long since
we've seen over 10 years. I mean, you're
2020, 2017, 2016. Right now, this is
acting as a strong support level, but if
we lose that, folks, I'll be watching
this gap fill
a little bit lower right around $33.
Right now, it's trading around $35. So,
Nike just seen a a massive massive drop.
Uh the stock is way down from its
all-time high. We get our measuring tool
here. And you know, there's different
theories on why Nike's not doing that
well. Uh look at that, folks, down 80%
80%. It's just incredible seeing the
stock fall that far. The you know,
everyone in Oregon right now, they're in
shambles. Now, a lot of the theories
saying, you know, they at one point
served one aspect of, you know, the
market very well, then they try to do
all aspects of the market and ended up
serving no one well. And you know, a lot
of that has to do, you know, Michael
Jordan's not playing anymore, so the
Jordans aren't as cool as they used to
be, and just a lot more competition. And
people, I don't know if people care
about brand name shoes as much as they
used to. I know when I was a kid, you
would get bullied relentlessly if you
had the bobos. They called the bobo
shoes on. All right, let's look at some
other stocks, you know, including some
of the people at that place, Amazon. Uh
one of the, you know, you saw Jeff Bezos
at the White House.
Looking at this
ascending parallel structure. And what
do you know, right now, kind of
rejecting right here at the midway
point. Now, they did get a trade in in
the live day trading room, and now we're
starting to see a pullback. They shorted
this stock. If you want to learn more
about the live day trading room, you can
learn about that at
verifiedinvesting.com.
Let's look at TSM, Taiwan Semiconductor
Manufacturing Company here. I'm looking
at this rising trend line. Let me uh
There we go, folks. So, yeah, you can
see nice little interaction, nice little
interaction. I'd be watching this level
for a pullback, and I don't think it's
going to happen today, but it might also
coincide with this pivot high that we
see on June 30th. So, that's the level
I'm going to be paying attention to on
Taiwan Semiconductor. And let's look at
uh Tesla, then we'll look at SpaceX.
Look at this. So, we got this pivot low.
And then we have, you know, we're the
giant gap right here. Uh the market, you
know, opened right here, fell a lot
lower. Uh huge huge drawdown. Kind of
gives us a little bit of support. Now,
this is a Fibonacci retracement tool. If
you want to get it, you just hit this
button on the top left. Uh right now, I
just have the 786 uh pulled up on that
one. Right here, we have the 0.5 pulled
up. But, if we go in from the low,
pull it up.
What do you know? Nice nice coinciding
right here, right at this level, right
around 341. Now, let's look at SpaceX,
everybody.
You know, Elon Musk has a couple
companies. Uh SpaceX pull pushing up.
Now, SpaceX does have an AI play. It's
not just rockets. They also have Grok AI
uh XAI, you know, you you always see
different names, SpaceX AI.
We're starting to see a nice little pump
in the stock today. But, I wouldn't be
surprised if we just kind of maybe
reject at this pivot high. Not not a lot
of factors. Not a whole lot of factors.
But, I I do like uh you know, maybe a
little bit of resistance right around
that area. And if we can push past this
pivot high right here, I'm looking at
this gap fill all the way from July 7th
of this year. So, So, that's the level
I'm looking at. And I'll tell you what,
let's look at Meta as well.
We're looking at Meta. Meta actually had
some decent moves here. I am looking at
this level if we continue to drop. But,
I think that White House meeting maybe
put this, you know, in the rearview
mirror. Who knows? I think a lot of it
depends on what happens with that face
with that White House meeting. But, you
look at the April 17th pivot. Then we
hit it again right here, July 15th. That
also coincides with a strong Fibonacci
level. That's going to be a 382 retrace.
But, let me know, like I said, in the
comments section, what do you think's
happening at the White House? Are all
these companies given a green light? Are
they going to, you know, have the
government kind of helping them propel
to the next level? You know, maybe it's
going to be tax incentives for data
centers. Maybe it's going to be, you
know, the government, they just released
a large AI platform.
Maybe they're going to kind of be able
to work with them.
Anthropic, OpenAI, maybe they just don't
want those IPOs to bust. And if those
IPOs go poorly, expect a significant
pullback in the economy, in the stock
market in general, at least. And you
might see a lot of weight layoffs at
some of these tech companies if their
stock really, really pulls back. The
investors are going to want heads.
They're going to want heads to roll. I
don't think the executives are going to,
you know, slash divisions, but they're
probably going to do a little bit of
pullback at least on hiring. Maybe even
some layoffs. So, that's our stocks
video for today. I appreciate you guys
sticking around to the end. Make sure
you smash that like button. And if you
have any comments about that picture
from the Oval Office, I wouldn't mind
reading that as well. I'm Nick Valdez,
and until next time, folks, I'll see you
in the future. Appreciate it.