Active Investing Edge Mentoring for September 8, 2026
TITLE: Market Weakness, Oil Strength, And Semiconductor Reversals With Tactical VWAP And Opening Range Setups (09-08-2026)
VIDEO SUMMARY: (FIRST POV Geoff)
Geoff evaluated a market facing Friday’s inflation data while emphasizing that indexes may move before the release. He noted crude oil strength, weaker bonds, bearish reversals in Nasdaq futures, and S&P futures trading below prior lows, while sector performance remained mixed. Geoff examined financials, healthcare, communications, energy, and semiconductors, focusing on support, consolidation, relative performance, calendar-range levels, the 50-day moving average, and Real Motion. He viewed SMH as potentially significant if its reversal held, with MU, SNDK, QCOM, Intel, and NVIDIA offering different levels of relative strength and tactical opportunity. Geoff demonstrated how VWAP crosses, opening-range reversals, prior-day highs and lows, and tight stops could define entries and risk. He also reviewed Apple’s weakness, quantum-computing names including Rigetti and IonQ, Robinhood’s consolidation, Amazon, Dell, and a specific Intel opening-range trade. He concluded that market conditions were interesting but required selective, disciplined positioning.
SESSION HIGHLIGHTS:
- [00:00:00] Inflation Backdrop And Market Pressure: Geoff framed the week around Friday’s inflation data but said markets would not necessarily wait. He highlighted crude strength, weaker bonds, semiconductor resilience, Nasdaq reversal bars, and S&P futures below prior lows as conflicting but increasingly bearish signals.
- [00:10:47] Sector Rotation And Support Levels: Geoff reviewed semiconductors, transportation, retail, financials, regional banks, energy, healthcare, materials, and communications. He identified consolidation zones and potential support, especially in XLV, while noting that bonds and crude were influencing sector behavior.
- [00:19:15] SMH Reversal And Semiconductor Leadership: Geoff analyzed SMH through its 10-day and 50-day averages, calendar-range levels, relative performance, and Real Motion. He treated a sustained reversal as a possible leadership signal, while requiring confirmation through opening-range strength and improving breadth.
- [00:34:36] Individual Semiconductor Setups And VWAP Tactics: Geoff compared MU, SNDK, QCOM, Intel, AMD, NVIDIA, and other chip names, distinguishing stronger charts from those still below resistance. He demonstrated how VWAP, opening-range reversals, prior-day levels, and tight stops could structure tactical entries.
- [00:43:36] Apple And Quantum Computing Watchlist: Geoff described Apple’s price action as weak but near support, with an opening-range breakdown potentially warranting reduced exposure. He then reviewed Rigetti, IonQ, and related quantum names, favoring patience and confirmation after reported government contracts.
- [00:51:24] Robinhood Consolidation And Watchlist Review: Geoff explained why Robinhood remained a longer-term area of interest through tokenization, crypto, asset management, and IPO activity. He also reviewed Amazon and Dell, emphasizing consolidation, breakout levels, and the need to avoid chasing uncertain price action.
- [00:55:21] Intel Trade Plan And Closing Outlook: Geoff used semiconductor leadership and SMH strength to support a potential Intel opening-range breakout, specifying an entry near 103.57 and a stop near 99.50. He cautioned that broader market weakness could still invalidate the setup before closing.
