TOP 5 STOCKS TO WATCH THIS WEEK | JULY 2026
In a Nutshell
Markets are testing key support at QQQ 680 after a sharp pullback, with semiconductors offering the best value at 17-19x earnings versus 30-40x for big tech. Ricky bought Micron personally for 40% upside potential but warns against over-leveraging, recommending beginners start with one share of SPY or VOO instead of sitting on sidelines. High-risk names like Rocket Lab, Circle, and Joby should be avoided due to negative earnings and weak fundamentals, while Netflix shows 40% recovery potential if support forms.
These notes were generated by AI and may contain inaccuracies.
Sunday July 19th at 5:45 p.m., Ricky from Learn Plan Profit discusses overnight market movements. NASDAQ is trading higher despite Middle East escalations and elevated oil prices, suggesting markets are showing resilience rather than panic.
The previous week marked one of the largest pullbacks since the March 2026 rally, which had taken markets from March lows to highs near 750. Current testing is occurring at major support around 680. A break below this level would create a significant gap down scenario, while holding could signal recovery.
Ricky maintains an optimistic stance despite willingness to short markets, noting that semiconductors have declined substantially. He has purchased several thousand dollars worth of semiconductor exposure personally, citing Micron specifically as trading at attractive valuations given memory chip and AI sector hype. He emphasizes this is a personal decision and not a recommendation, noting that Micron offers approximately 40% potential recovery if returning to previous all-time highs, while another semiconductor stock could offer 72% recovery potential if returning to previous highs of 2300.
The worst mistakes investors make are over-leveraging and sitting on the sidelines waiting for perfect timing. Ricky recommends testing the markets with just one share of any valued stock or index like SPY or VOO, arguing that having some exposure is better than having too much or none at all. This approach removes the make-or-break pressure and makes market participation more enjoyable even if prices decline further.
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