Rocket Labs, AVGO, NFLX, NKE, NVDA, MU, and SPY frame a split tape: AI/chip names are under pressure, while value/blue-chip names are still expected to grind higher into late October. The trade setup throughout is accumulation on red days in stronger names, with NVDA and MU still treated as weak until higher-conviction reversal volume shows up. SPY is the main macro risk: weekly RSI compression, a break under 60, and a move toward 714 are laid out as the path to a dangerous 30-day flash-crash window, while 760 is the wedge line and 750 the key channel hold. A separate seasonal call says Walmart, KO, PEP, CAT, and UNH should keep outperforming through the end of the month.
RKLB added $3 on the day after being the last stock named Friday, but still shows no reversal strength; the preferred entry remains under $50.
AVGO is framed as a pullback candidate to structural support, with the stock getting hammered like other AI names; the setup is called an accumulation opportunity into 2027 and a Q3 earnings upside surprise is expected.
Accumulation is defined as multi-week/month buying: not a scalp or quick swing, but building on red days in names you want to own longer.
NFLX ran from about $69 to about $73, then the raised stop was hit on a pullback; the stock is now treated as technically weak and earnings are due tomorrow after the close.
NKE was called the biggest win over the last couple of weeks: the plan was a nibble at $32 on a dip-and-reverse, it tapped $32 and reversed, then ran above $37; the stop was raised to around $36.60.
NVDA was called 'not done falling' with 'more room to the downside'; the ideal nibble zone is under 210, specifically 206-200, while any green candle between now and 206-200 was flagged as a short signal that has already played out correctly.
NVDA is still described as getting hammered alongside AI, memory, and chip stocks, with Wall Street not piling in yet, leaving more downside risk.
META and TSLA are due Wednesday after the close; META was said to still have more downside risk for bulls technically after a pretty strong dip.
MU came down to support and reversed in the support range, but low reversal volume is the problem: low volume means institutions are absent, so bulls are being told to wait for higher-conviction buying.
WMT, KO, PEP, CAT, and UNH are expected to do extremely well in October; the play is to buy them on the last day of September and ride the move higher, with the group already way up off its lows and the uptrend not over.
AI stocks and possibly memory stocks are expected to chop near the bottom while the value names keep chopping higher through month-end.
SPY weekly RSI is being watched for a flash-crash setup: if SPY compresses and then breaks beneath the 60 level on the weekly RSI, the next 30 days are described as dangerous and capable of an 8% correction.
That 8% downside is tied to historical October-December midterm-year pullbacks and would align with a prior RSI support level; the market is said to have not yet gotten its midterm correction, but the downside risk is now viewed as largely limited to about 8%.
SPY has spent months climbing and chopping between 783 and 750 inside a bearish ascending channel and a narrowed bearish ascending wedge; 760 is the wedge line, 750 is the key hold, and a loss of 750 points to 714.
A March 2026 example is used as the template: after overbought conditions, SPY bounced off 60 RSI, compressed below the yellow moving average, broke beneath 60, back-tested it, and then flash-crashed over about 4 weeks from roughly 620 before the buying opportunity eventually carried it to around 780.
SPY closed last week below the yellow moving average; if next week goes lower, the move is said to line up with 40 RSI and 714, which could be the level where price turns and builds momentum into 2027.