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Brian Shannon, founder and full-time trader at AlphaTrends, provides an analysis of the stock market and crypto assets for the week ending June 12, 2026.
Shannon discusses trends for key equities such as SPCX, SPY, QQQ, SMH, IWM, AAPL, META, MU, SNDK, INTC, and DAVE, as well as major cryptocurrencies like Bitcoin, Ethereum, and Solana. He also references SpaceX and highlights trading concepts like VWAP and IPO activity.
Earlier this month, Shannon identified SPY's dip below its 5SMA while QQQ and SMH retained strength in the weekly technical recap. He previously suggested IWM as a near-term avoid with a focus on its May low. Shannon also recently announced new AlphaTrends contributors and detailed a 2026 Memorial Day sale for the platform.