Swing trade ideas on QQQ, SOXX, XSD, MSTR, various insurance & food packaging stocks, and more.

YouTube link: https://youtu.be/aXor4ZJ9vDk

Here is a summary of the video from Right Side of the Chart, providing a session update for Thursday, June 25, 2026:

Core Market Outlook: Rising Risk of a Crash

The speaker emphasizes that the risk of a market crash scenario remains very high, keeping the market on a continuous “Crash Watch” status [00:26]. While financial sectors are holding up for now, various technical indicators and irregularities point to underlying fragility [01:34].

Main Technical Concerns

  • Narrowing Market Breadth: For the last couple of years, market gains were heavily carried by the largest big tech companies (the “MAG-8”). Now that these major stocks have peaked, market leadership has narrowed even further down to just the semiconductor subsector [02:12].

  • The “Hindenburg” Indicator: The speaker notes that his variation of the Hindenburg indicator—which tracks multiple breath indicators across the NASDAQ—has been triggering recently, almost daily. This signals a lack of broad participation, which is a major yellow or red flag for a healthy bull market [19:42].

  • The Semiconductor Mania: Following a massive pre-market blowout quarter from Micron, there was an initial retail-driven surge across nearly all chipmakers [09:44]. However, this institutional “bench-warmer” after-hours volume began getting heavily faded and sold down once regular trading hours opened [13:46].

Trading Strategy & Current Plays

Given the top-heavy risks in tech and semiconductors, the strategy focuses on spreading bets across alternative asset classes and moving into defensive, value-driven plays [15:09]:

  • Defensive & Boring Picks: The speaker favors “boring” blue-chip dividend-paying stocks that are fundamentally sound and beaten down, such as packaged foods (e.g., Hormel Foods, General Mills, and McCormick) [06:15, 23:32].

  • Insurance Sector: The speaker highlights success in the specialty insurance market, noting that Progressive (PGR) recently cleared its price targets [15:16]. He also touches upon a breakout setup for Trupanion (TRUP) [25:50] and active targets for Ryan Specialty Holdings (RYAN) [29:52].

  • Commodities & Precious Metals: He mentions scaling into starter positions for gold and silver miners (like SNWGF and GDX), viewing them as favorable asset hedges as the charts develop alongside the US Dollar index [40:11, 41:13].