Active Investing Edge Mentoring for 06/24/2026

June 24, 2026

Active Investing Edge

By Geoff Bysshe

Video Summary:

Geoff centers on the market's reaction to major pivots and the anticipation surrounding Micron’s earnings report. The instructor explains why the 7470 level on the ES and 30,000 on the NQ are the primary pivots to watch for market direction. A major theme is the "flexibility of the economy," specifically how the decline in oil prices and bond market strength (TLT) are creating a supportive environment for stocks despite tech volatility. The session also provides a masterclass in trading IPOs and speculative tech, offering a "close and continue" framework to avoid "bottom fishing" in failing trends. Finally, the instructor previews a new "Traffic Light" style rank indicator designed to simplify complex technical data across multiple timeframes.

Session Highlights & Chapters:

  1. SESSION HIGHLIGHTS:
  2. [Identifying Critical Pivots] (00:06:30) - The instructor identifies 30,000 on the NQ as a major pivot and discusses how testing the 50-day moving average is a "good test" of the current market trend.
  3. [The "Flexibility" Argument] (00:13:00) - This highlight is based on the discussion of how markets and companies adapt to geopolitical disruptions, specifically noting that China's demand shifts contributed to the oil price decline.
  4. [The IPO Rule of Thumb] (00:32:45) - The instructor establishes a trading rule for IPOs, treating the first day of trading like a 5-minute opening range and the second day like a 30-minute range.
  5. [The Market as a "Team"] (01:03:15) - This refers to the discussion on sector rotation, where the instructor states he would be "perfectly thrilled" with tech being rangebound if other "players" like Industrials (XLI) or Retail (XRT) show strength.

  6. VIDEO CHAPTERS:
  7. [Micron Earnings & Technical Support Levels] (00:00:00) - Covers the initial analysis of Micron earnings and the specific NQ/ES pivot levels.
  8. [Oil, Bonds, and Global Economic Adaptation] (00:18:00) - Focuses on the "collapse" of oil, the movement in TLT, and the argument that geopolitical fear-mongering is often overdone.
  9. [IPO Trading Tactics: CBRS, Q&T, and SpaceX] (00:38:00) - Details the IPO strategies using CBRS, Quantinuum (Q&T), and SpaceX as examples of why price action must confirm the "story".
  10. [Sector Rotation & The "Broadening Out" Narrative] (01:05:00) - Scans non-tech sectors like XLI, IYT, and XRT to show the "broadening out" of market strength.
  11. [Introduction to the New Multi-Timeframe Rank Indicator] (01:25:00) - Walkthrough of the new indicator, explaining the 1–5 star ranking system and the "Traffic Light" visual.
  12. [Individual Stock Setups: SoFi, Moderna, and Google] (01:42:00) - The final technical review of individual setups, including Moderna (mRNA) at support and SoFi’s base breakout.