Open AI

Outlook 04/28: Stock futures fell on Tuesday, weighed down by a rise in oil prices as well as a report that pointed to weakness in OpenAI users growth that were below its own targets. The report added that CFO Sarah Friar told leadership she was concerned OpenAI may not be able to pay computing contracts in the future if its top line doesn’t expand fast enough. The report sent tech lower. Nvidia lost more than 2%, while AMD and Intel were down nearly 6% and 4%, respectively. Oracle dropped more than 7%. The news comes during a major earnings week for the stock market, with five of the “Magnificent Seven” tech titans slated to report. Alphabet, Amazon, Meta Platforms and Microsoft are due Wednesday, while Apple’s results are set for Thursday.

ESM26 (Jun2026): YVAH 7212 YPOC 7204 YVAL 7190 GAP 7204 

/ES Plan: Yesterday market closed bullish (PBT 7238), but overnight looks bearish, moving below previous value/range, so these're the opening and initial balance options for current session:

A) If market moves above YLOD 7171 with bullish internals/delta, buy towards GAP 7204 and YVAH 7212 magnets.

B) If market moves below YLOD 7171 with bearish internals/delta, sell towards ONL 7147 and GAP 7134 magnet.

Note: Overnight inventory is 100% bearish. The expected action is a counter-auction. Failure to see the counter-auction would be an indication of potential bearish trend day. 

Market Movers

10:00 US CB Consumer Confidence
10:00 Richmond Fed Comp. Index
13:00 US 7-Year High Yield

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