Leading semiconductors that we have reported on a various times over the past two months were mostly flattish on Friday. We note, however, the Nvidia (NVDA) triggered a short-sale entry as it reversed along 10-dma and 20-dema resistance before closing lower/
On Wednesday we reported on a pocket pivot in Meta Platforms (META) as it cleared 50-dma resistance. It then pulled into the 50-day line on Friday where an optimal entry was found and rallied to close near the highs. On Thursday we reported on Salesforce.com (CRM) and Microsoft (MSFT) as pocket pivots along moving average support and both stocks then launched higher on Friday. As discussed in our weekly Market Webinar on Thursday, we believed that money could start to move back into beaten-down cloud names, and so far that theory has played out over the past two days. On Friday morning we reported on a potential pocket pivot in Broadcom (AVGO) and by the end of the day it traded very strong volume on what became a typical big-volume base breakout. It remains within buying range of the breakout, for now..
Cybersecurity names CrowdStrike (CRWD) and Palo Alto Networks (PANW) continue to march higher, streaking to new highs on Friday on large price and percentage moves as both stocks posted continuation pocket pivots off 10-dma support. CRWD also cleared the $700 level, triggering a Livermore Century Mark long entry at that point. Both companies are expected to report earnings this coming Wednesday after the close.
AI Data Center names that we have reported on over the past two months mostly continue higher. Applied Digital (APLD) last posted a pocket pivot at the 10-dma three trading days ago while IREN Ltd. (IREN) broke out and then pulled back over the next two days. Pullbacks to the 10-dma in either stock would offer potential opportunistic entries from here. Bloom Energy (BE), an energy provider for AI Data Centers, failed on a recent breakout attempt but the ensuing pullback has resulted in an MAU&R long entry at the 20-dema on Friday. That is actionable using the 20-day line as a selling guide.
Quantum Computing names that we reported on as buyable gap-ups (BGUs) the prior week have continued to make progress. GlobalFoundries (GFS) is edging back towards 10-dma support where it would be buyable as close to the line as possible while using the 10-day as a tight selling guide. D-Wave Quantum (QUBT) and Rigettti Computing (RGTI) remain in short bull flags where QUBT would become buyable closer to the rising 10-dma as it moves to catch up to price while RGTI has remained buyable on pullbacks to the 200-dma. 
Small modular nuclear reactor makers continue to percolate. Nano Nuclear Energy (NNE) and NuScale Power (SMR) both posted pocket pivots on Friday. NNE bounced off 10-dma and 20-dema support while SMR bounced off 50-dma and 20-dema support. Both pullbacks were quite buyable early on Friday morning. Both stocks have yet to break out to higher highs but the action so far has been constructive.
Last weekend Trump indicated that a deal with Iran was imminent but nothing happened all week long. As we move through this weekend there is still no agreement and it is not clear whether there will in fact be any agreement at all. At the same time, the market does not seem to be too concerned about this as Crude Oil prices remain below $90 a barrel. For now, we simply follow the charts.The Market Direction Model (MDM) remains on a BUY signal.