Analysts view Amazon (AMZN) as their top pick for a rebound among large-cap tech stocks, making it a primary buy on recent weakness. The dip in Palantir (PLTR) to the $150 support area is considered a significant buying opportunity, with expectations of a sharp bounce towards $173. Conversely, Netflix (NFLX) is seen as a high-conviction bearish trade, with a technical setup suggesting a potential decline towards the low $90s. For cryptocurrency investors, patience is advised on Bitcoin (BTC), as a better entry point is anticipated in the $70,000s. Ethereum (ETH), however, is considered a more favorable long-term accumulation opportunity at its current price levels.

NVIDIA (NVDA)

• A headline suggesting the Trump team is considering allowing the sale of H200 chips to China caused a significant intraday market reversal.
• The speaker believes this headline is ultimately irrelevant to NVIDIA's long-term value, as the company's earnings and guidance (without China) are already strong. The market was likely just "oversold" and needed a catalyst.
• It was noted that China likely wants the newer Blackwell chips, not the older H200s, which could make the headline's impact on actual sales minimal.
• The stock dropped to a low of $172, bounced as high as $184 on the news, and closed red for the day at $178.88.
• From a technical perspective, the chart is holding its lows and $177 remains a key level of interest. The analyst believes nothing has fundamentally changed on the chart despite the volatility.
• NVIDIA is considered part of the core "AI trade" along with companies like Palantir.

Takeaways

• Sentiment: Neutral to short-term bullish. The market reacted positively to the China news, but the podcast hosts are skeptical of its long-term importance. The underlying business is viewed as very strong regardless.
• Key Levels: The stock showed support at $172 and resistance at $184. The $177 level is a key area to watch.
• Actionable Insight: The stock showed resilience and buying interest on a positive headline, even a speculative one. The volatility suggests that panic selling on down days can be costly. The core business strength remains the primary reason to be invested, not the potential for H200 sales to China.

S&P 500 Index

• The market experienced a "complete reversal," going from down 1.2% to up 1.2% on the day, driven by the NVIDIA news. This highlights the market's fragility.
• The technical setup is primed for a "violent move" one way or the other.
• Short interest for the median S&P 500 stock is near its highest level in recent years, which could fuel a powerful short squeeze to the upside if the market moves higher.

Takeaways

• Sentiment: Cautiously optimistic in the short term. The analyst believes the "local lows are in for now" and expects an aggressive bounce.
• Key Levels:
  • Resistance: $675 is the key level to break. A move above it could trigger a short squeeze toward the $700s.
  • Support: $651 is the key support. A break below could lead to a downside target in the $620s (near the 200-day moving average).
• Actionable Insight: The market is at a critical decision point. The high level of short interest means a move higher could be very fast and violent. The analyst suggests using options strategies like costless collars to protect portfolios rather than selling equities in the face of uncertainty.

Palantir (PLTR)

• The stock bounced from a low of $147 but still ended the day in the red.
• The technical analyst on the show bought more Palantir during the dip, stating he "really likes this spot."
• The stock has made the "trek" down to its real support area around $150.

Takeaways

• Sentiment: Bullish. The analyst sees the current price as an attractive entry point.
• Key Levels:
  • Support: The $150 area is major support. A further drop to $142 or $138 is possible but the current zone is seen as a strong buy area.
  • Resistance: If the stock gets over $158-$160, the analyst expects a "very quick trend" and a "violent bounce" back to the $173 level.
• Actionable Insight: For investors with a bullish long-term view, the dip into the $150s and high $140s was viewed as a significant buying opportunity. The stock is considered "primed for a pretty big bounce."

Bitcoin (BTC)

• The price almost dropped below $80,000 the previous night.
• The technical analyst believes Bitcoin has lost a key support zone and is headed for the next one lower.

Takeaways

• Sentiment: Bearish in the short term.
• Key Levels: The analyst would not buy at current levels and would wait for a drop into the $70,000s. He specifically mentions that a drop from current prices to the $70k's could be very fast. He disagrees with Tom Lee's $77,000 bottom call, seeing no technical confluence there.
• Actionable Insight: The analyst advises patience for those looking to buy Bitcoin, suggesting a better entry point may be found in the $70,000 - $77,000 range.

Ethereum (ETH)

• The analyst likes the setup for Ethereum better than Bitcoin at current prices.
• He believes ETH is currently at a price level that is the equivalent of Bitcoin being at $70,000.
• The slow grind down is not seen as a "liquidation event," which is typically a fast and violent move that marks a bottom.

Takeaways

• Sentiment: Neutral to cautiously bullish for long-term buyers.
• Key Levels: The general area from the current price down to $2,100 is considered a "really good spot long term." A potential "liquidation event" could briefly take the price down to $2,159.
• Actionable Insight: For long-term investors, accumulating ETH in the current price range is considered a decent strategy, though better prices could still appear. It is viewed more favorably than Bitcoin at this moment.

Other Stocks & Cryptocurrencies

BMNR

• Context: The stock is correlated to Ethereum and had earnings. The analyst may have bought the dip, seeing a "failed continuation" to the downside, which is a bullish signal.
• Takeaways: This is a high-risk, high-reward trade. A stop loss could be placed just below $25.25, as a break below that could lead to a drop to $20-$22.

SoFi (SOFI)

• Context: The stock bounced off its lows, ending the day green. The dip below $24 was not seen as a big deal.
• Takeaways: The near-term bottom appears to be in, and a bounce is expected. However, a new pattern could be forming that points to a potential downside target of $20.

Nebius (NEB)

• Context: The stock hit a low of $79.54, which was an exact 50% retracement from its all-time lows to highs. This is a significant technical level.
• Takeaways: The stock is in a "buy zone." Holding $79.50 is critical. A break below that level could lead to a rapid decline to $61.

Meta (META)

• Context: The analyst bought a small "sliver," noting the stock has held up surprisingly well. He believes there are "no more sellers" at this level.
• Takeaways: Bullish. A move above $595 is expected to trigger a short-term trade up to the $635 area.

Netflix (NFLX)

• Context: The analyst sold his position, calling it one of the "worst looking setups right now." The chart shows bearish divergence and broken support.
• Takeaways: Bearish. The stock looks like it will "get worse before it gets better," with a potential downside target in the low $90s.

Amazon (AMZN)

• Context: This was the analyst's "main buy" of the day. Of all the large-cap tech stocks (Mag 7), he likes this one the best for a bounce.
• Takeaways: Bullish. The analyst believes the chart has sustained less damage than peers like Google and Apple and is in a good position for a rebound.

Tesla (TSLA)

• Context: The stock is "stuck" and "trendless." The major resistance level around $415 is holding it down.
• Takeaways: Neutral. The analyst advises to "just chill" on Tesla. The current price is just "okay" for buying. The stock is expected to be in a "sloppy choppy" range, which makes it a good candidate for selling options premium around the $415-$430 resistance area.

Robinhood (HOOD)

• Context: The analyst believes the stock can bounce to $115-$120, but its future is uncertain after that. The $90 level is a major support zone.
• Takeaways: Cautiously Bullish on the dip. The analyst bought the dip, believing the $90 area represents a high-traffic zone where buyers will step in. However, a definitive break below $100 could open the door to the $75 level.

Dell (DELL)

• Context: The analyst likes the stock's current price but is cautious due to earnings coming up on Tuesday.
• Takeaways: Neutral watch. The stock is at a key 50% retracement level of $118. If it loses that level (especially on bad earnings), a drop to $102 is likely. A bounce target is $127.