Avalokitesvara Bodhisattva, moving in the deep course of the Wisdom that has gone beyond, looked down from on high, beheld but five skandhas, and saw that in their own-being they were empty. ✦ Here, O Sariputra, form is emptiness and the very emptiness is form; emptiness does not differ from form, form does not differ from emptiness; whatever is form, that is emptiness, whatever is emptiness, that is form. ✦ The same is true of feelings, perceptions, impulses, and consciousness. All dharmas are marked with emptiness; neither produced nor stopped, neither defiled nor immaculate, neither deficient nor complete. ✦ Therefore in emptiness there is no form, no feeling, no perception, no impulse, no consciousness; no eye, ear, nose, tongue, body, or mind; no forms, sounds, smells, tastes, touchables, or objects of mind. ✦ There is no ignorance, no extinction of ignorance; no decay and death, no extinction of decay and death. There is no suffering, no origination, no stopping, no path; no cognition, no attainment and no non-attainment. ✦ The Bodhisattva, relying on the Perfection of Wisdom, dwells without thought-coverings, free from fear, beyond delusion, and attains complete Nirvana. — Gate gate pāragate pārasaṃgate bodhi svāhā.

Market Overview

Wednesday, June 3, 2026 · Analysis updated daily

Market data temporarily unavailable — showing featured analysis below.

Next Day Earnings

Mega-caps reporting in the next 48 hours — EPS consensus shown for context

1 scheduled
Wednesday, Jun 3· 1 companies
AVGO
Broadcom Inc.
After Close
Mkt Cap
$2.31T
EPS Est.
$2.40
Rev Est.
$22.12B

Featured ETF Analysis

As of 2026-06-01 · For educational purposes only
SPY
SPDR S&P 500 ETF Trust
BUY
Price
$758.54
From High
-0.23% from 52W high
52W Range
$585.06 — $760.28
Bullish
+Closed at fresh ATH territory — within 0.23% of $760.28 52W high
+SPY 50-DMA ($703.61) > 200-DMA ($678.68); price 7.8% above 50-DMA
+Yardeni 2026 EPS raised to $330 (from $310); YE target 8,250 = ~10% upside
Bearish
−RSI 73.6 — overbought; S&P median stock ~8% rich vs historical fair value
−Volume 55% of 3M avg — light tape on the ATH print, weak conviction
−Only 54.4% of S&P names above 50-DMA — narrowing breadth at the highs
Resistance
$760.28
Support
$703.61
Target
$869.27
ATH-touch print with bullish macro tape but RSI 74 + 55% breadth means the easy money is behind us — buy meaningful pullbacks to the 50-DMA, don't chase the highs.
QQQ
Invesco QQQ Trust (Nasdaq-100)
HOLD
Price
$742.74
From High
-0.39% from 52W high
52W Range
$515.97 — $745.64
Bullish
++11% over past 30 days; price within 0.39% of all-time high
+Moving averages: 12 Buy / 0 Sell signals — primary uptrend fully intact
+Hyperscaler 2026 capex $500–600B underwrites top-heavy AI exposure
Bearish
−Nasdaq-100 RSI ~82.6 — most overbought since June 2024 (preceded ~16% drop)
−P/E 36.2 vs SPY 28.5 = 27% premium with 10Y still elevated
−Volume 59% of avg — ATH retest lacks institutional follow-through
Resistance
$745.64
Support
$716.05
Target
$820.00
Same RSI regime that preceded the June-2024 ~16% drawdown is back — the trend is unambiguously up, but new money is buying air; trim chasers, add on pullbacks.
SMH
VanEck Semiconductor ETF
BUY
Price
$607.81
From High
-0.92% from 52W high
52W Range
$238.96 — $613.43
Bullish
++1.48% close to within 0.92% of $613.43 ATH on near-average volume
++50% YTD on top of 2025's ~49% return — AI capex thesis compounding
+$3.7B inflows in April alone; AUM crossed $65B — institutional bid intact
Bearish
−P/E 50.0 = 75% premium to SPY; little margin for AI-capex disappointment
−Aschenbrenner fund holds 5.3M-share PUT bet vs chip sector — hedged downside
−Approaching ATH on ~87% of avg vol — needs volume confirmation to extend
Resistance
$613.43
Support
$561.25
Target
$650.00
Bull-flag breakout to fresh ATH territory on solid volume — AI chip supercycle thesis still the dominant tape driver; structural uptrend intact while $561 holds.
GDX
VanEck Gold Miners ETF
SELL
Price
$86.68
From High
-26.03% from 52W high
52W Range
$50.32 — $117.18
Bullish
+P/E 16.9 — by far cheapest of these four ETFs; deep-value optics
+Still +72% on a 52-week basis — gold's structural bull undamaged
+Central banks buying ~70 tonnes/month — durable physical demand floor
Bearish
−Today's -3.14% drop on 100% of avg volume = real distribution, not noise
−Technicals 15 Sell vs 4 Buy — breadth of indicators decisively bearish
−Energy input costs compressing miner margins despite firm gold prices
Resistance
$90.55
Support
$84.28
Target
$113.00
Friday's bounce fully reversed today on average-volume distribution — chart structure remains broken below $90 and miner margins are squeezed by rising energy costs; avoid until a $90.55 reclaim.

For educational and research purposes only. Not financial advice. Always do your own due diligence.