The S&P 500 (SPY) slipped -0.23% to close at 769.35 while the Nasdaq 100 (QQQ) fell -0.65% to 716.43. Communications (XLC) led sectors at +1.42%, while Tech (XLK) lagged at -1.55%.
Inside tonight's sheet: 7 new orders - 7 Mean Reversion limits resting quietly below the market, waiting for Monday's weakness to come to them. One of them - ALAB, tonight's free Mean Reversion setup - is open to everyone right below.
Mean Reversion
ALAB - Astera Labs Inc Common
Astera Labs makes connectivity semiconductors for AI data centers - the retimers, smart cables and CXL controllers that keep GPUs, CPUs and memory talking at full speed.
Entry limit: $272.85 - Stop: $233.71 (on a close)
6 more names trade this same setup tonight - they are in the sheet, with charts and prices.
Mean Reversion. The most-watched names in the market get defended. This sleeve owns two doors into that bounce: a violent one-day hit inside a healthy longer-term uptrend, and a deep morning markdown on an already washed-out household name. Either way we are the standing buyer into the fear, out within days.
