The theme last week was the comeback of AI-related stocks. Semiconductors are now among the leaders in an otherwise weak market breadth environment outside of tech.
CRDU +42%, 2x long CRDO. Lagging semiconductor stock that had a big 2-week bounce after a 50% drop from its all-time highs.
LABX +42%, 2x long ALAB. Semiconductor stock firmly back above its 50dma and starting to bull flag.
IONX +33%, 2x long IONQ. Quantum computing stock that is back above its 200dma.
FLYT +33%, 2x long FLY. Beaten-down space stock with what will likely turn out to be a dead-cat bounce.
RKLX +29%, 2x long RKLB. Beaten-down space stock.
QCML +27%, 2x long QCOM. Ever since it recovered above its 200dma, it has been finding support near its rising 20EMA.
INTW +26%, 2x long INTC. Another AI semiconductor stock.
FBL +26%, 2x long META. Meta released its AI agent Muse and is back near all-time highs. The dips to its 20EMA are likely to be bought until its next earnings report.
AMDL +26%, 2x long AMD. One of the price leaders in semiconductors.
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