Costco's results showed its membership model remains resilient amid high rates and diverging consumer spending, with fiscal Q4 revenue and profit both beating expectations; the steady performance supports a positive valuation outlook. The stock rose 3% today with a solid bullish candle, and the host hopes it can keep going, at least stabilizing and ideally returning above its annual line.
The market’s biggest worry is a severe lack of new buyers. The host reduced positions on Wednesday and only added back a little on Thursday; if new buyers stay absent next week, thin bid support makes the market prone to falling, confirmed by the buying-pressure indicator. He will cut more if mid-term sellers leave. Election-season patterns are not to be presupposed; focus on actual market data.
After yesterday's surge, META showed a stall/reversal pattern today as it repairs overbought technicals. The host thinks a slightly deeper pullback would be healthier and sees a short-term retracement to the 690–730 zone, corresponding to the Sep 21 high-volume candle trading area and the 679/680 low; this is the zone to watch for re-entry.