TLDR: The Nasdaq is in a flat base pressed against 27,000, moving averages are in order, and we show up with the lunch pail while staying ready to walk away. Eleven deep dives and a longer honorable mentions list, with healthcare and the memory names carrying most of the tape.
Welcome back to the Weekly Trading Plan. Here’s what we’re covering:
Market Pulse. Nasdaq flat under 27,000, Russell and the 21-day, and what that does to new buys.
Crypto and related.
Space and newer issues.
Software and platforms.
AI and memory.
Healthcare and biotech.
Honorable Mentions. A longer list of names worth watching.
Closing Thought. Show up. Be willing to leave.
How we trade these names. This is not financial advice. Be sure to do your own research. Managing risk should always be your priority, and that means never blindly buying into names you see on a newsletter. Build your system and follow your rules.
Market Pulse
The Nasdaq tells the story the clearest this week. The general market is in a flat base. We keep coming up against resistance at 27,000. That is the line in the sand for this leg higher (if there is one).
The good news is the moving averages are in order. The 10-day is above the 21-day, the 21-day is above the 50-day, and the 50-day is above the 200-day. All of them are somewhat uptrending after the latter half of last week. We are built right underneath that 27,000 level.
Does that mean we break out? No. The chart’s own range still points toward another test of 26,000 if nothing changes. A move through 27,000 would be the positive expectation breaker on the long side.
Will we chop more?
Probably. We still have to show up with the lunch pail for the case where the market leaves this range. Stocks under the surface are already in the first day or two of that setup. Show up. Participate. And be ready to cut fast if this is a false rally.
Watch the Russell too. Risk-on gets cleaner if that index can get back above its 21-day.
September is the worst month of the year seasonally. If a real run is coming, history says October is the more likely window. That is not a forecast. It is a reminder to stay open to both outcomes.
