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The Momentum 40 List is up 63% YTD ivanhoff.com/2026/05/06/the… $MU $GLW $AAOI $AEHR $INTC etc.

Range contraction in $CRCL - its VWAP since its IPO is near its pivot around 132

$SMH tested its rising 20EMA earlier in the week and bounced immediately to new all-time highs.

$TSLA is starting to act constructively and set up for a potential breakout. Here's a weekly chart perspective. @MarketSurge #IBDpartner bit.ly/431EbVK

$GLW keeps making higher lows and higher highs. Fiber optics leader.

$OUST is working on a new base after finding support near its rising 20EMA.

$QQQ and $SPY are flat today but there's hot action under the surface. A bunch of high-momentum small caps are up 10%+ $LWLG $RGTI $FCEL $WYFI etc. @MarketSurge #IBDpartner bit.ly/431EbVK

Space-related stocks are perking up ahead of SpaceX IPO - $VOYG $RDW etc.

The underwriting banks are setting up ahead of the hot upcoming IPOs - $MS $GS @MarketSurge #IBDpartner bit.ly/431EbVK

New all-time highs for $COST and $ALL this morning. Costco is up 653x since its IPO in 1985, not including the dividends. Allstate is up about 17x since its IPO in 1993.

$SMH is finally testing its rising 20EMA this morning. Closing below would open the possibility for a test of the previous high near 510-500. @MarketSurge #IBDpartner bit.ly/431EbVK

$FROG is holding its latest earnings gap. Needs some time to set up again. @MarketSurge #IBDpartner bit.ly/431EbVK

Range contraction in $RDDT - setting up for a potential bounce.

$IGV - software is showing relative strength again this morning while semis are consolidating recent gains.

Momentum Monday - Time for a Consolidation or a Pullback? @MarketSurge @howardlindzon ivanhoff.com/2026/05/17/tim… $QQQ $SMH $TLT $XHB $XBI

Intel Is Out of the Momentum 40 List after a 138% Gain ivanhoff.com/2026/05/16/int… $INTC

The market used to be afraid of yields and inflation going higher because it meant that the Fed would raise rates. The only "mandate" of the current Fed is for the $SPY to keep making new all-time highs.

Solar stocks are quietly setting up again. $ENPH and $SEDG have quickly recovered after missing earnings estimates.

Relative strength in software stocks this morning - $IGV $FIG $TEAM etc. @MarketSurge #IBDpartner bit.ly/431EbVK

New all-time highs for $NBIS. Other AI data center stocks like $CRWV, $CIFR, $WULF, $IREN, etc. are also setting up. @MarketSurge #IBDpartner bit.ly/431EbVK

$CRCL generates revenue primarily through interest income on the U.S. Treasury reserves that back its USDC stablecoin. Rising yields are a tailwind for them. Setting up right under its VWAP since its IPO.