Stock Market Dropping? Here's What I'm Watching

Name: Stock Market Dropping? Here's What I'm Watching
Uploaded: 2026-07-28T16:14:43.000Z
Duration: 7 min 1 s
Channel: Ricky Gutierrez

Ricky GutierrezJuly 28, 20267m

Topics7

South Korean Market Impact on US Markets0:00 Additional Market Declines0:31 Technical Analysis and Upcoming Events1:30 Trading Strategy During Market Volatility2:01 Risk Management Approach3:00 Market Structure Analysis4:30 Live Trading Access and Promotion5:32

In a Nutshell

Markets are volatile with South Korean stocks triggering sharp US declines—SanDisk plunged over 50% from highs, down 30% in five days. Traders bought the dip while keeping positions light, watching for potential gap-downs if NASDAQ breaks ascending support and semiconductor weakness accelerates. Risk management is key: maintain small positions in fair-value chip stocks, monitor Meta/Microsoft earnings tomorrow, and wait for clarity around FOMC and tech results.

AI-Generated Notes

These notes were generated by AI and may contain inaccuracies.

A very unique opportunity is currently presenting itself. The South Korean markets have drastically impacted US markets today. SanDisk is down 13% and at one point was down over 17% on the day after already experiencing a significant draw down hitting lows of $1.50. A few weeks ago, SanDisk was trading at $2,300. SanDisk is down over 50% from its recent all-time highs.

ASML has experienced a significant draw down of 3.9%. SKHY is down 6.8%. Nvidia was slightly in the red but picked up. Markets created a V-shaped recovery within a very short period of time, which is very impressive. However, the market gapped up and based off of the lows seen today, all the uncertainty that was injecting itself is still present, including South Korean market uncertainty.

South Korean stock plunges 10.8% and is now down 38.2% from their all-time highs. SanDisk is down 30% in five days and 55% from its record highs. Over $200 billion was lost in market cap since January 202.

The NASDAQ is forming an overbought reversal. There remains uncertainty around the FOMC rate decision tomorrow. Meta and Microsoft are reporting earnings tomorrow, with Apple and Amazon reporting earnings on Thursday. If any of these companies report that they are overspending or overleveraging themselves, this can inject more uncertainty in the semiconductor and chip space. The biggest concern is Meta.

Because of how quickly markets recovered, the approach was to buy the dip while staying light and making sure to have positions if markets begin to recover. Markets hit lows of 2.1-2.2% for NASDAQ's QQQ. Now that the market has recovered nearly 2%, it is testing previous highs. The momentum may or may not continue. If the market breaks the ascending support pattern, there is a big gap down and the uncertainty can begin to inject itself again.

The market showed how low it could go today. The idea and the fear is there, even though markets don't necessarily have to continue making new lows.

At these critical levels when testing previous resistance levels where there has been rejection before and the market is overbought for a potential gap down, the recommendation is to give it time. There is nothing wrong with having an open position but making sure positions can tolerate if direction turns against them. Risk should be managed and mitigated appropriately.

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Stock Market Dropping? Here's What I'm Watching

South Korean Market Impact on US Markets00:00

Additional Market Declines00:31

Technical Analysis and Upcoming Events01:30

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