Oil/ Energy Stock Higher = Tech Stocks Lower SOS

Don't Say I Didn't Warn You 

I would NOT be left holding the bag in Wells Fargo $WFC pic.twitter.com/aUMALzGRrQ

— Veteran Market Timer (@3Xtraders) July 13, 2026

Wells Fargo Tanks Right On Cue 

Even $JPM is down -2.5%, but we got bigger fish to fry. Nobody trades banks anyways.

Yesterday, the rug pull started in S. Korea (-10%) again, and that spilled over into US tech stocks. I'm only surprised that MAGS is still trading above the 50 day SMA (the level to watch). 

Oil/ Energy Stock Higher = Tech Stocks Lower SOS 

How many times have we seen this same playbook over the years? But rather than the usual leaders driving the energy space, we're seeing refiners and utilities lead...   

This required a deep dive with Gemini AI, and even then I could only come up with a partial list... 

Gemini AI tracked down at least 3 energy trades making new all time highs, but not $DINO, $VLO, or Dominion $D https://t.co/hhvHE41yYj

— Veteran Market Timer (@3Xtraders) July 13, 2026

$D Dominion Energy? 2 words: Fuck that! Still like the sector? follow the clues below: 

One thing I can tell you is that the ETF to chart is $CRAK (I'm not kidding 😂): 

Oil refiners retest the highs $CRAK pic.twitter.com/uduTbApjyZ

— Veteran Market Timer (@3Xtraders) July 14, 2026

Note: $CRAK tracs boring refiners. 

Sorry, but I can't get excited about refining $80 barrels of crude: 

Oil is jacked to $80. Still going to $35. #CrudeOil #Trade pic.twitter.com/5HNaopj9PL

— Veteran Market Timer (@3Xtraders) July 14, 2026

The only Sector That Matters The Only One That Can Lift The S&P - AI driven TECHNOLOGY 

Tomorrow (Wed.) $ASML reports - due your own due diligence. Clue: High flyer, in the hottest sector of all. I like it right here, or on another washout. 

$TSM reports on Thursday - that is the BIG ONE. Biggest holding in the $NYSE. If you're really bearish semis, then pull the rug on that? Other notable mentions: $UNH, $ABT, $ISRG (Healthcare) $GE, $NFLX - more rotten banks report.  Friday 5th Turd (Fifth Third), Travelers. 

P.S. the $VIX level to watch is the 50 day SMA - being tested in real time! 

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