6/6 & 6/9 /2025 Live Trading Room Market Recap & Trades
Chips & China
Monday we woke up to:
WH ADVISOR HASSETT: US TO RELEASE EXPORT CONTROLS IF CHINA TALKS GO WELL
Clearly there was buying under the surface last week which kept markets in play, with especially strong volume Friday as I highlighted Monday morning live.
The result of the hopeful headlines of Bessent in London this Sunday to talk trade with China was followed up by news Trump was giving power to Bessent to "release export controls" if needed to get a deal done. And that was enough to bid Chips & China today. BABA even made it back above critical support at $120!
And then...Just when they get back into the pool...
VIX is green with SPX - "vol up, spot up" is my warning: "careful being complacent here".
While so many are expecting a melt-up, I present a few names that have already melted up - stalking for chase shorts.
And a few that still are… MSFT as biggest tell and why.
Plus updates on my swing long themes that are working across the board!!!
