Stocks Rally Despite Rising Geopolitical Tensions. Is the Promise of Rising Liquidity Winning? Take $1300 Profit on AMD as I add a New Tech Stock which is poised to Move Decidedly Higher.

Stay Awake. Trade what you see. Trust the charts not the noise.

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In this issue, I am recommending taking partial profits on AMD, while updating both the Momentum Monday and ESP Tuesday portfolios as many of the stocks in both are nearing potential breakout potential points.

• Take Profits - Advanced Micro Devices (AMD). Bought 6/9/25: $119.75. 6/23/25 intraday price: $132.45. Return for this trade so far: $1275. (10.65%).

The stock is still rallying but is due for a rest, so I’m keeping it in the portfolio while recommending taking some profits on any existing shares as we wait for a consolidation and we move back into the shares aggressively.

Strategy Update

As the situation in the Middle East hits daily new levels of uncertainty, the stock market’s dip buyers continue to emerge as the potential for a Fed rate cut, brought up on CNBC by Fed Governor Christopher Wallace reverberates through the trading community.

As I noted this weekend, we could well be in the prelude to a liquidity tsunami as the Fed joins the ECB and the Swiss Central Bank (who recently cut interest rates to zero) in flooding the world with new money.

The main theme in the market seems to be that liquidity rules the roost. Thus, while I remain wary of the global situation, I continue to position our portfolios (Momentum Monday and ESP Tuesday) accordingly. Our shopping list delivered a new candidate this morning, which I’ve just added to the ESP portfolio. Still, anything is possible and caution is warranted as we take advantage of opportunities as they materialize. Stick with the plan:

• Don’t fight the liquidity trend, which is positive – the Fed and the U.S. Treasury are sneaking money into the system and the market is expecting more

• Stick with strength – some tech stocks are moving decidedly higher. I’m adding a new one today.

• Let the market stop you out of positions – so far, our portfolio has remained resilient

• If a position does not get stopped out, it’s a sign of strength and it should remain in the portfolio – we have 11 such positions in the portfolio right now

• Hedge when necessary – we have an insurance trade setup in place.

Moreover, our combined eleven positions, spread throughout our Momentum Monday and ESP Tuesday portfolios, updated today remain intact with several position delivering or setting up for a major breakout.

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Market Update – NYAD Approaches New High

The stock market’s resilience remains extraordinary as the dip buyers continue to move into stocks.

The New York Stock Exchange Advance Decline line (NYAD) remains above key support in the form of lateral trendlines along with important moving averages. Keep an eye on the 50 level on RSI, the support lines, and the 20 and 50-day moving averages. If NYAD holds above this support cluster, we are likely going to move higher. Also, keep an eye on the dip buyers. If they materialize as the news shifts, the bullish trend will have a chance.

The S&P 500 (SPX) is within striking distance of 6000 with key support still holding at the 5850-5950 and resistance at 6000-6100 area. A breach of the upper or lower end of this range will likely be very meaningful.

The U.S. Ten Year Note yield (TNX) is still trading between 4.3 and 4.6% and is within striking distance of breaking below its 200 day moving average. If it does we could see a significant move higher in stocks.

Thank you all for your support. If you have a 401(k) plan that offers ETFs as investing vehicles, consider Joe Duarte’s Sector Selector. It’s FREE with your monthly membership to Buy Me a Coffee. Sign up here. If you’ve been thinking about tuning up your investment playbook, my new book “The Everything Guide to Investing in Your 20s & 30s” will get you started on the right foot . For those wishing to get started on day trading, consider “Day Trading 101.” For steady gainers, check out the Smart Money Weekender Portfolio. I’ve just added several new positions in this weekend’s edition. Stay awake in this market. Visit my Health Products Page.