Stocks are trading lower Monday morning as investor anxiety around tariffs creeps back into the market. After a strong rally in May, traders are starting to ask a tough question: was it the start of a new trend, or just a temporary fix?
We’re already seeing signs of weakness in some of the more speculative corners of the market, and that’s where opportunity and risk often go hand in hand. This week’s watchlist includes a mix of tactical setups, one stock breaking out, one dipping to support, one flashing a bearish warning, and one “Keep it Simple” income name that offers safety while we wait for clarity.
Here’s the lineup I’m tracking now…
RocketLab (RKLB) just made headlines last week with its $275 million acquisition of Geost, expanding from launch services into national security payloads. Shares surged more than 13% last week.
Shares dropped on Thursday and Friday as short-term traders took profits, pulling the stock back below $27.50. This puts ths stock in an attractive “buy the dip” zone between $25 and $27.50.
This kind of retracement is normal—and often sets up the next leg higher.
RKLB is still trading above its bullish 200-day moving average and holding key support levels, which means this dip could be a gift for those who missed the first move.
RocketLab is one of just five companies approved to launch for the Department of Defense. Its upcoming Neutron rocket could compete head-to-head with SpaceX. With real contracts, growing revenue, and national defense tailwinds, this is one speculative name I’d keep on the radar—and consider buying on weakness.
Walmart (NYSE: WMT) shares are setting up for a major technical breakout.
The stock is pressing up against the $100 level, a key round-number resistance that could trigger the next wave of buying once it breaks. Two weeks ago, the 50-day moving average turned higher, joining the 200-day moving average in forecasting higher prices for the retailer.
That technical setup is happening at the same time consumers are changing their behavior. Inflation may be slowing on paper, but shoppers are still feeling the squeeze. Walmart wins in that environment. As households trade down and hunt for value, Walmart is well-positioned to grab market share across essentials, groceries, and even discretionary categories.
This is one of the few large-cap names with a clear bullish setup and a strong macro tailwind.
Archer Aviation (NYSE: ACHR) has quickly dropped 25% from its recent highs, but the story is far from over. After a sharp run, shares are now sitting right at the $10 price, a classic round-number support level that often attracts new buyers.
The pullback was accelerated last week after rival Joby Aviation announced a $25 million investment from Toyota, shifting short-term attention. Archer still has a strong long-term runway. The company is a serious contender in the eVTOL space, with real contracts, government partnerships, and the kind of momentum that can turn hype into reality.
This is a speculative name. A 25% correction in a high-growth sector like urban air mobility is exactly the kind of setup aggressive traders look for.
Archer aviation shares remain in a long-term bullish trend with a target price of $25.
This week we’re keeping it simple with the income stock of the week by selecting the iShares 0-3 Month Treasury Bond ETF.
With its yield of 5.18%, the SGOV shares are one of the safest places to generate income on your sidelined cash from the market.
The iShares 0-3 Month Treasury Bond ETF (SGOV) primarily invests in U.S. Treasury bonds with remaining maturities ranging from zero to three months. By focusing on very short-term Treasury securities like Treasury bills, this ETF provides a highly safe and liquid investment option.
The features of the SGOV make it particularly appealing for risk-averse investors or those seeking a temporary cash parking facility.
The ETF's emphasis on securities with such short durations means it carries minimal interest rate risk. This means that fluctuations in interest rates have little impact on the ETF’s price, distinguishing it from funds holding longer-term bonds.
While the yield on these short-term securities is generally lower compared to longer-term bonds, they still offer some potential for income generation, which can be more favorable than simply holding cash, especially in environments where interest rates are low.
Overall, the iShares 0-3 Month Treasury Bond ETF serves as an effective tool for cash management within a portfolio, providing a blend of safety, liquidity, and a slight income generation potential, suitable for conservative investment strategies or short-term financial needs.
While most semiconductor stocks have powered higher in recent months, Qualcomm (QCOM) has been heading in the opposite direction.
Shares have fallen back below the 50-day moving average, and more importantly, both the 50-day and 200-day trendlines are now pointing lower. That’s a classic sign of bearish momentum building.
Shares have retraced below their post-earnings price gap, erasing what little positive momentum it had earlier this quarter. That’s a red flag. When a stock gives back earnings gains this quickly, it signals a lack of confidence from the market.
Put it all together, and QCOM looks like a laggard in a strong sector. The path of least resistance is lower with broader market selling likely to add to Qualcom’s selling pressure. Over the next 3–6 months, a retest of $125 looks likely. For now, this is one to avoid, or short on strength.
