
Excited to launch our first ETF! $ADPV Read more about it here: finance.yahoo.com/news/client-fi…
David Zarling, CMT
13.7K posts

@AdaptivCharts
Partner, Head of Investment Strategy & Research at @CLiENTF1RST Tax & Wealth Advisors, creator of @Adaptiv and @ADPVetf. Tweets are not investment advice.

Excited to launch our first ETF! $ADPV Read more about it here: finance.yahoo.com/news/client-fi…





$MU ABSOLUTELY CRUSHED THEIR EARNINGS • Revenue $23.9B vs Est. $19.5B • EPS $12.20 vs Est. $8.73 • Net Income $14.0B vs Est. $10.5B • Gross Margin 74% vs Est. 69% Q3 Guide • Revenue $33.5B vs Est. $23.3B • EPS $19.15 vs Est. $10.77 • Gross Margin 81% vs Est. 71%

Wall Street 2026 Year End Target For S&P 500👇 Oppenheimer: 8,100 Deutsche Bank: 8,000 Capital Economics: 8,000 Morgan Stanley: 7,800 Wells Fargo: 7,800 RBC Capital Markets: 7,750 Evercore ISI: 7,750 Yardeni Research: 7,700 Fundstrat: 7,700 Citigroup: 7,700 Goldman Sachs: 7,600 KKR: 7,600 JPMorgan: 7,500 HSBC: 7,500 UBS: 7,500 Barclays: 7,400 CFRA: 7,400 Societe Generale: 7,300 Bank of America: 7,100 Stifel Nicolaus: 7,000 Highest: 8,100 Average: 7,635 Median: 7,700 Lowest: 7,000

We know what is known (private credit issues). The hard part is not knowing what we don't know (how much rehypothicatiom?, how much contagion?, how much counterparty risk?) This is why studying PRICE (aka the interaction of supply/demand aka technical analysis) is so powerful.

When pawn shops outperform financials, history shows the broader market environment tends to be messy. Well, pawn shops have broken above their all-time high avwap and are making new decade highs relative to financials.




