Expansion Higher. Megacap Earnings On Deck
Richard Moglen
Stock Trader & Student of the Markets. I help traders improve their systems & performance at TraderLion & Deepvue
October 28, 2025
Market Action
QQQ – More expansion higher as the megacaps act well going into their reports.
Bulls want to see us either consolidate calmly or continue trending
Bears want to see a sharp reversal down with big earnings names selling off.
Daily Chart of the QQQ.
IWM – Still weaker than the QQQ. Forming a range but leaking lower a bit
IBIT – Downside reversal back into the moving averages.
Trends (4/4 Up) – Based on the QQQ
Shortest – 10 Day EMA – Above
Short-term – 21 ema – Above
Intermediate term – 50 sma – Above Rising
Longterm – 200 sma – Up – Above Rising
Groups/Sectors
Deepvue Theme Tracker.
Deepvue Leaders.
S&P 500.
Post Market Movers. BE Gap up
Leadership Stocks & Analysis
TSLA – Some follow through higher but wedging a bit. Want to see a definitive break higher
AAPL Tight day at highs
PLTR tight 2 days right at highs
NVDA Key move today. Breaking out to new ATHs
META Tightening ahead of earnings tomorrow
HOOD Watching for consolidation. Tight day. Room to pullback to the 10ema
RDDT Reversal down but testing the 21ema. Earnings upcoming.
AMZN Holding above the 50sma, ideally builds here and gaps on earnings.
MSFT Big gap up but poor close. News about OpenAI investment stake
Key Moves
CCJ gap on US nuclear deal. AI Energy
ARQT move on earnings
NOK huge move on NVDA investment
Setups and Watchlist
GNRC watching for a consolidation re-breakout
MDB watching for a key level pullback, undercut and rally
OPEN watching for a range breakout. Fast mover
TAC watching for a range breakout. Upside reversal
APLD fade today, watching for range re-breakout
ISRG watching for a range breakout
DLO watching for a range breakout
FIX watching for a HVC breakout. STRL in same theme also strong
SBH watching for a range breakout
NIO watching for range breakout & follow through
REZI watching for a bounce off the base pivot
Recent Gappers to Track
Day 0
BE
Day 1 +
YPF GGAL VIST AMD VICR ISRG PEGA INTC CRS PBF GTX LC MEDP QCOM
Today’s Watchlist in List form
Focus List Names
GNRC MDB OPEN TAC APLD ISRG DLO FIX SBH NIO REZI TSLA
Focus:
NIO TAC
Themes
AI, AI Energy, rare metals, biotech. Oil and Gas, Crypto names recovering, Construction
Additional Thoughts
Big earnings coming up starting tomorrow. That will be a great gauge of sentiment and the AI theme.
Anything can happen, Day by Day – Managing risk along the way
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