In partnership with
Your business has grown. Is your accounting on the same path?
When you started out, doing your own books made sense. But the business you're running today isn't the one you started. If your accounting hasn't kept pace, it's quietly costing you — outdated financials, no clear view of what's actually profitable, and hours every week pulled away from the work that grows your business. At BELAY, our Financial Experts integrate directly into your business. They manage your books, reconcile accounts, run payroll, and deliver the timely insight you need to make big decisions with confidence. Stop guessing. Start knowing.
Hey {{ first name | Market Timer }}!
Today we will be covering...
Today, we will examine semiconductors index ETF, SMH.
What Moved the Markets
Intel crushed Q1 expectations (revenue $13.6B, EPS $0.29 vs. ~$0.01 est.) on April 23, driving its stock +15–23% and lifting semis/tech broadly. Other beats (e.g., GE Vernova, Boeing) reinforced the narrative of resilient corporate profits, powering record closes in major indices despite geopolitical noise.
Resilient U.S. Economy Data Amid Higher Oil Prices – March retail sales and manufacturing indicators came in stronger than feared, showing the economy absorbing the recent energy shock. This helped markets shrug off Iran-related concerns and supported risk appetite.
U.S.–Iran Ceasefire Extension + Ongoing Strait of Hormuz Tensions (Geopolitics) - President Trump extended the fragile U.S.–Iran ceasefire indefinitely, easing immediate fears and supporting a broad equity rally (S&P 500 and Nasdaq hit fresh records on April 22). However, Iran seized two ships in the Strait of Hormuz shortly after, keeping oil prices elevated and volatility high. This remains the dominant geopolitical risk factor.
Semiconductor Index ETF - SMH
Amazing SMH Momentum RSI and MACD through the roof.
Series of bullish candles, runaway gaps, ... you name it.
Could it run more? Check out SMH cycles in the Pro newsletter.
BravoCyles on Youtube
Cycles Predicted S&P 500 Weakness Months Ago. This cycle analysis is still relevant?
Where are oil prices going? Watch my cycle analysis on YouTube:
BraVoCycles on X
If you are interested in financial markets, you are missing a lot by not following me on X, as I do not have enough canvas space in the newsletter to post all my research, which I try to post on X. Also, I often post important real-time updates between the newsletters.
What’s Next for the Stock Market?
The geopolitical uncertainty continues.
Many sectors are very overbought.
The stock market needs a breather.
To continue reading about what’s next for the stock market, US Markets, Elliott Wave and Technical analysis of US Markets, volatility, as well as commodities, bonds, forex, currencies and crypto claim your promotional rate of 85% off for 3 months now. . .
Copy BlackRock's $10 Trillion Playbook
BlackRock manages $10 trillion using a playbook hidden from retail investors - until now.
The ABN Framework reverse-engineers their three-phase system: protect your base, collect fees like a bank, and get into markets before major listings.
4,000+ investors are already using it but the window is closing.
For educational purposes only. Results will vary. DM Intelligence LLC is not liable for losses.
Subscribe to the Pro Tier to read the rest.
Become a paying subscriber of Market Twists & Turns - Pro to get access to the rest of this post and other subscriber-only content.
UpgradeA subscription gets you:
- In-depth analysis & analysis multiple times/week on SPX, NDX, DJI, RUT, VIX/VXX, plus
- Bonds, commodities, forex, international markets, select stocks, & EFTs
- Technical & Elliott Wave Analysis (EWA)
- Price projections using Cycle methods and Fibonacci levels
- Ad-free & downloadable pdf version
