**Is The Stock Market About to Roll Over? DeMARK Analysis on 20+ Top AI Stocks, SPY and QQQ** [wtzjA1e6ZNu]
**Is the stock market setting up for an August drawdown?** In this week's video, Kevin McCormick breaks down the upcoming seasonal patterns and midterm election cycle dynamics impacting the S&P 500, QQQ, and Mag 7. We then dive into a comprehensive technical breakdown of over 20 top AI and tech stocks using DeMARK Sequential setup and moving averages. 📉 **Key Market Takeaways:** * **Seasonal & Cycle Risks:** Why historical August seasonal patterns align with current technical exhaustion. * **Crucial Levels:** Watching the 18-day moving average across major indices and tech leaders. * **20+ Individual Stock Breakdowns:** Full technical updates on semiconductors, hardware, optical components, and software giants. --- ### ⏱️ **Timestamps / Video Chapters** * **00:00** - Intro & August Seasonal Outlook * **00:33** - S&P 500 Midterm Election Cycle Analysis * **01:56** - Williams Seasonal Indicator ($ES, S&P 500) * **02:43** - MAGS / SPY Ratio * **03:31** - QQQ (Nasdaq 100) Technical Breakdown * **04:19** - SPY (S&P 500 ETF) * **05:02** - MAGS (Magnificent Seven ETF) * **05:37** - DRAM ETF * **06:29** - Astera Labs (ALAB) * **06:50** - AMD * **07:17** - Amkor Technology (AMKR) * **07:55** - Amazon (AMZN) * **08:42** - Arista Networks (ANET) * **09:16** - Arm Holdings (ARM) * **10:12** - Broadcom (AVGO) * **10:42** - AXT Inc (AXTI) * **11:39** - Bloom Energy (BE) * **12:51** - Cerebras Systems (CBRS) * **13:08** - Celestica (CLS) * **13:21** - Coherent (COHR) * **14:30** - CoreWeave (CRWV) * **14:59** - Dell Technologies (DELL) * **15:46** - Alphabet / Google (GOOGL) * **16:29** - Software ETF (IGV) * **16:51** - Lumentum Holdings (LITE) * **17:24** - Marvell Technology (MRVL) * **18:23** - Microsoft (MSFT) * **19:27** - Micron Technology (MU) * **20:06** - Nvidia (NVDA) * **20:56** - Oracle (ORCL) * **21:31** - Semiconductor ETF (SMH) * **22:00** - SanDisk (SNDK) * **22:20** - Tesla (TSLA) * **22:43** - Taiwan Semiconductor (TSM) * **23:11** - Final Wrap-Up & What’s Next --- **Disclaimer:** *Content on Big Picture Investing is for educational and informational purposes only and should not be construed as financial or investment advice.*