Sister Cat's Weekly Review: Tech Stocks Hit by Programmatic

2026-10-26 22:34 · 2 sources

This channel focuses on US equity technical analysis, providing real-time commentary on key support and resistance levels for major indices such as SPY and QQQ, while annotating individual stocks one by one with holding criteria, exit criteria, and key price levels. The analysis style leans quantitative and disciplined, emphasizing the use of tools such as the pivot indicator, buying/selling pressure, and momentum lines, alongside attention to position management and hedging strategies. Recent focus has been on programmed selling in the technology and semiconductor sectors, the persistent weakness in storage and optical communication stocks, and how to judge rebalancing decisions and hedge timing amid a diverging market.

**Overall stance**: Cautiously bullish, strictly adhering to risk-control discipline

Viewpoint timeline (last 7 days)

• **2026-10-21** SPY pulled back at the close after hitting 772.91, bulls and bears deadlocked: SPY briefly broke above 772.91 before falling back below it into the close, with 770.43 a critical bull-bear dividing line; QQQ fell back below 725.71. The closing system showed semiconductors and tech leading the gains, with market sentiment leaning risk-on. Maojie held a 40% long position overnight.
• **2026-10-22** Tech stocks hit by programmed selling, QQQ down over 3% in a single day: SPY opened lower and traded below 768.06, with QQQ dropping to around 706.58. The semiconductor index led declines at -6.31%, with AMD and INTC down over 8% intraday. Maojie judged this to be active position rotation rather than a broad-based decline, cutting the long position to 30% and doubling the hedge.
• **2026-10-22** Maojie clarifies short-selling criteria are not met, stresses sectors to avoid: Monday's data does not support adding to shorts — the pivot indicator did not break below its threshold, buying/selling pressure showed some recovery, and this was rotation rather than a broad decline. Repeatedly emphasized that storage and optical communication sectors remain persistently weak and should be avoided; SOXL hit a new recent low.
• **2026-10-22** Programmed selling carries no directional bias, three response strategies proposed: breaks below key levels trigger programmed selling, a force that carries no directional judgment, and short covering will in turn trigger programmed buying. Three strategies proposed: exit on the break and re-enter on reclaim, scaled entries on the left side, or waiting for right-side signal confirmation.
• **2026-10-23** SPY holds the 759.57 defense line, sell-off pauses: SPY opened lower but held the key 759.57 defense line, while QQQ attempted to reclaim 706.58. Storage semiconductors rebounded but software fell, rotation continuing. Early-session bounce strength was insufficient, so Maojie opted to stand aside intraday, stressing that those unable to watch the screen should watch more and trade less.
• **2026-10-23** Ongoing tracking of individual stock technical levels and next week's earnings preview: GOOG trading below 321.51, INTC consolidating in the 85–90 support range, corresponding to earnings on October 28 and 29 respectively. AAPL near all-time highs, TSM attempting to reclaim 420.93, SPCX testing the 150 resistance on SpaceX-related news.
• **2026-10-23** Friday's data wraps up: 30% long position retained with hedge carried into next week: Friday's data was relatively stable, maintaining around a 30% long position, keeping the principle of holding strong names and exiting on triggers, with the hedge position retained until reassessment next week. A weekly review video will be released over the weekend, covering the possibilities of a crash or rebound, storage semiconductors, and the mid-term election market backdrop.

Sources (in-site messages)

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