The Market Hasn't Moved Since May, but the Chaos Underneath Is Real.

It was a month that felt like a year, yet Tim Knight points out the monthly bar looks like almost nothing happened. Under the calm surface, the S&P has been trapped in the same range since mid-May. After a brutal week of whipsaws that stopped him out of positions, he is heading into the weekend deliberately light. The sector he keeps circling back to is semiconductors and memory, where he covered his short near the bottom, missing the low by only a few hours. He walks through South Korea and the domestic chip charts, both of which topped in June and keep making lower highs into resistance. All views are his. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 A month that felt like a year 00:44 Stuck in the same range for months 01:32 Going into the weekend light 02:23 The S&P that cannot decide 03:29 Semis are the whole story 04:53 South Korea topped in June 05:23 The SMH chart and his short 08:03 A more dramatic look at the leveraged fund #tastylive #timknight #stockmarket #sp500 #semiconductors #tradingcharts #marketvolatility #chipstocks #investing #trading tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.