Opportunity Reports

Updated: April 16, 2026
Market Comments Updated: April 16, 2026

Geopolitical turbulence over Trump’s insistence on owning Greenland and threats to use new tariffs to get his way led to large declines on Monday. However, there are plenty of “non-defensive” areas of the market that remained in strong positions.

SPY and QQQ both closed below their 50-day and Jan. Calendar Range low for the first time. This is bearish for the short and intermediate term if they get a confirming “continue” pattern.

On the contrary, IWM held strong on its 10 DMA.

Watch breakouts of Monday’s daily ranges closely!

Symbol Name Price $ Chg % Chg % Vol Rating Status
SPY SPDR S&P 500 ETF Trust $699.85 +$5.39 +0.78% +2% ★★★★★ On Watchlist
All time frames are bullish. Expect some choppy action as it is up against a lot of resistance, but until we get a bearish reversal pattern look for buying opportunities in good stock and sector ETF setups
QQQ Invesco QQQ Trust $637.37 +$8.77 +1.40% +2% ★★★★★ On Watchlist
All time frames are bullish. Expect some choppy action as it is up against a lot of resistance, but until we get a bearish reversal pattern look for buying opportunities in good stock and sector ETF setups
IWM iShares Russell 2000 ETF $269.42 +$0.70 +0.26% +2% ★★★★★ On Watchlist
All time frames are bullish. Expect some choppy action as it is up against a lot of resistance, but until we get a bearish reversal pattern look for buying opportunities in good stock and sector ETF setups
RSP Invesco S&P 500 Equal Weight ETF $199.72 +$0.06 +0.03% +3% ★★★★★ No Position
RSP is lagging a little but still bullish. Expect some choppy action as it is up against a lot of resistance, but until we get a bearish reversal pattern look for buying opportunities in good stock and sector ETF setups
TLT iShares 20+ Year Treasury Bond ETF $86.83 -$0.38 -0.44% +2% ★★★ On Watchlist
Focus on last two week range. A break over 87 puts it back in the January range, and a new low would be bearish.
GOOGL Alphabet Inc. $337.12 +$4.21 +1.26% +88% ★★★★★ On Watchlist
ORCL Oracle Corporation $169.81 +$6.81 +4.18% +135% ★★★★★ On Watchlist
COIN Coinbase Global, Inc. - Class A $195.90 +$11.49 +6.23% +99% ★★★★ On Watchlist
SATL Satellogic Inc. $6.92 -$0.38 -5.27% +3% ★★★ Active Position
The weekly chart shows 3 big levels to trade around. $7 the new big round number breakout. $6, the round number swing high from early 2026. $5, which has been a pivotal area about 8 times since 2022.
SRE Sempra $95.47 -$0.69 -0.72% +82% ★★★ No Position
🟢 This is a major weekly breakout on a leading utility stock. Look to enter under 99 with a stop under 95.
DELL Dell Technologies Inc. $193.06 +$15.75 +8.88% +546% ★★ On Watchlist
GEV GE Vernova Inc. $985.92 -$1.58 -0.16% +94% ★★★★★ Active Trade Setup
GLW Corning Incorporated $168.27 -$4.55 -2.63% +65% ★★★★ Active Trade Setup
🟢entered position on Thursday with OR Breakout.
AMAT Applied Materials, Inc. $394.26 -$1.38 -0.35% +93% ★★★★ On Watchlist
Sitting around the 50 DMA and the Jan Cal Range high.
PNW Pinnacle West Capital Corporation $102.80 +$0.11 +0.11% +74% ★★★★ Active Position
Entered Long at 101.60.