Over the past few days, I have been highlighting our strong bullish setups for October, building on our successful calls in July🎯 (MSFT +24%, AAPL +7%), August🎯 (SPCX +32%, PLTR +35%, BTC +25%, NFLX +13%, GLD +9%), and September🎯 (AMD +29%, META +26%).
While I have been skeptical about the broader indices, as I often emphasize, when index action turns choppy, individual stock selection is where the real power lies to outperform the market. Why choppy? Because despite several daily rallies in September, the SPX net move for the month finished down -0.45% as those gains ultimately vanished.
Among the stocks I’ve highlighted with bullish potential for October is SPCX. First flagged last Wednesday and reinforced on Saturday as a high-probability setup, the stock rallied +7.6% today, exceeding my 169.2 modeled level.
For those preferring established legacy names, AVGO hit its bullish target of 363.6 today (+2.4%), alongside several other megacaps tracked in the Weekly Compass.
You can review all the charts and detailed setups here:
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Today’s Agenda
Will This SPX Rally Last?
Daily plan for SPX, ES=F
Watchlist Tracker
Daily and Weekly Levels Combined for: SPX, ES=F, SPCX, AVGO and the other megacaps posted as bullish for October.
Let’s begin.
Will This SPX Rally Last?
The technical conditions highlighted in yellow speak for themselves, this is what they suggest: