Active Investing Edge Mentoring for 06/11/2026

June 11, 2026

Active Investing Edge

By Geoff Bysshe

Video Summary:

Geoff centers this session on the market's negative reaction to hotter-than-expected PPI data, which has put further pressure on indices already struggling with the 50-day moving average. Geoff analyzes the "IPO Supply Trap," explaining how the massive liquidity needs for the SpaceX IPO are forcing fund managers to sell existing tech leaders to raise capital, leading to a multi-week consolidation. Tactically, Geoff reviews the "awful" technical reversal in Apple following its developer conference and Oracle’s earnings miss, noting that both have failed to provide the bullish catalysts the market anticipated. Finally, Geoff demonstrates a scanning process to identify "relative strength leaders" like Intel and AAT, which are currently bucking the broader semiconductor sell-off.

Session Highlights & Chapters:

  1. SESSION HIGHLIGHTS:
  2. [The PPI Reality Check] (00:08:30) - Geoff explains why the hotter-than-expected PPI report had a much more negative impact than yesterday's CPI, confirming that inflation remains a persistent headwind for the Fed.
  3. [The SpaceX IPO Supply Pressure] (00:12:45) - Geoff details how institutions are likely liquidating profitable tech positions to raise dry powder for tomorrow’s SpaceX IPO, creating a temporary liquidity vacuum in the sector.
  4. [Apple’s Technical Disaster] (01:15:30) - Geoff breaks down the "awful" price action in Apple, where a failed breakout during the developer conference suggests the market does not believe in their current AI strategy.
  5. [Resilient Semi Leaders] (01:31:15) - Geoff identifies Intel and AAT as key stocks that are holding up significantly better than the SMH during this correction, marking them as high-priority candidates for the next leg up.
  6. VIDEO CHAPTERS:
  7. [Tech Troubles & Opening Analysis] (00:00:00) - Geoff manages the market open while troubleshooting system performance and internet connectivity issues.
  8. [PPI Data & The Inflation Narrative] (00:08:30) - Analyzing the market's sharp reaction to hot PPI numbers and the ECB's surprise rate hike.
  9. [The IPO Supply Trap Mechanics] (00:12:45) - Why massive upcoming IPOs like SpaceX and OpenAI are draining liquidity from the high-flying tech sector.
  10. [Testing the 50-Day Moving Average] (00:26:00) - Identifying key support zones for the S&P and NASDAQ and the significance of the 100-day moving average if the 50 fails.
  11. [Failed Catalysts: Apple & Oracle] (01:03:00) - A deep dive into why Apple's developer conference and Oracle's earnings failed to meet market expectations.
  12. [Scanning for Relative Strength] (01:31:15) - Using the Triple Play and Ranking tools to find stocks like ASML and Intel that are outperforming the current sector pullbacks.