Hello everyone, welcome back to the U.S. Stock Analysis Channel. I'm Lorder.

Our current stance is bullish. The core thesis is that the S&P 500 has successfully broken through a key resistance level, shifting its trend to a new high trajectory, providing positive momentum for the market. Although the Nasdaq remains under some pressure, the downside risk has significantly decreased. For individual stocks, we are focusing on breakout opportunities in PLTR, the Big Four tech stocks, and IGV, while maintaining a cautious watch on stocks like AMD and SpaceX ahead of their earnings reports.

Regarding the market, the S&P 500 has broken through its resistance level, with the trend shifting to new highs. CTA selling has decreased while buying has increased, with limited risk unless it falls below 7450. For the Nasdaq, the S&P's breakout provides support, and major downside risks are largely over. A pullback to the key support level around 661 would present a buying opportunity.

On the macro front, if the upward trend in U.S. Treasury yields does not reverse, it will continue to pose a potential headwind for tech and growth stocks.

Now let's look at specific stocks and key levels.

First up is PLTR. The company's earnings report comprehensively beat expectations, with the current price around $140. Technically, watch for a breakout above the $151 to $161 range. A successful breakout could target $175 and above, and the previous high of $192. Support is around $120, which can serve as a stop-loss reference for the lower bound of a consolidation range. Fundamental investors can hold and wait for continued upward revisions to earnings.

Speaking of the software sector, IGV's performance is also noteworthy. It has broken through the resistance at $95.1, gaining momentum, with the current price around $96. Support lies near the 200-day moving average around $94 to $95, and the broader consolidation lower bound at $79 to $80. A swing target is above $101; breaking through $101 could signal the start of a major uptrend.

Regarding the Big Four tech stocks, the overall trend is positive.
Amazon AMZN has hit new highs, with fundamentals proven and a technical breakout. A short-term pullback to form a platform is possible due to overbought conditions, but the long-term outlook is positive. Support is at $224.
Microsoft MSFT is currently around $491, with positive signs in AI monetization. Watch the key resistance at $498. A pullback to the $440 to $462 range could be seen as an opportunity to add.
Google GOOG faces relatively lighter overhead resistance. Its long-term positioning is attractive, suggesting gradual accumulation in the $330 to $344 range.
META currently offers good value but lags in AI monetization, requiring patience for a potential adjustment signal in the Q4 earnings report. It needs to break above $680 to confirm a right-side uptrend, with overhead resistance at $632 and $730.

For companies about to report earnings, extra patience is warranted.
AMD is currently around $485. Its earnings report needs to significantly raise guidance to break through the previous high of $530; merely meeting expectations could be unfavorable. The expected trading range is $430 to $530, with support at $424 and $400.
For SpaceX, watch for volatility after tomorrow's earnings report and potential selling pressure from the first batch of lock-up expirations in mid-August.

Several other stocks are also at critical junctures.
Tesla TSLA has rebounded to the upper bound of its consolidation range, facing pressure within the $315 to $368 zone. It needs a catalyst; excessive optimism is unwarranted before a break above $368.
Netflix NFLX is currently in an oversold, sideways pattern and is not a market focus. A clear bottoming signal is needed. An ideal accumulation zone is below $77, with significant overhead resistance at $87-$92 and $95-$100.
ISRG has rebounded from lows but faces massive overhead supply. Support is below $313, with resistance at $370, $405, and a strong resistance zone from $430 to $458. Potential downward revisions to growth could pressure valuations. Consider gradual accumulation near key support levels.
For Nvidia NVDA, watch to see if it can decisively break through the $206 to $216 range, which would generate new momentum.

Investing always involves risk. Here are several key points to note.
First, macro risks: If the uptrend in U.S. Treasury yields persists, the potential pressure on tech and growth stocks remains.
Second, individual earnings risk: Stocks like AMD and SpaceX could see significant volatility if their reports fail to meet high market expectations.
Third, technical pullback risk: Some tech stocks like Amazon and Microsoft have seen substantial short-term gains and may be overbought, leading to potential pullbacks.
Fourth, lock-up expiration selling pressure: The first batch of SpaceX lock-up expirations in mid-August could bring additional selling pressure.
Additionally, be aware that sector rotation could divert funds from previously strong sectors like semiconductors. For high-growth stocks like PLTR and ISRG, any downward revision to earnings guidance could trigger sharp price adjustments.

Alright, that wraps up today's episode. Wishing you all successful investing. We'll see you next time.