📊 WEDNESDAY CHARTS EDITION | May 6, 2026
The S&P 500 and Nasdaq both hit NEW ALL-TIME HIGHS today.
AMD surged 18%. A former Bitcoin miner signed a $9.8B AI
deal and surged 33%. Iran peace deal progress sent oil down
7%. We break down what the charts are saying — and what
comes next for BTC, XRP, ETH & SOL.
📈 MARKET CLOSE — ALL-TIME HIGHS
- S&P 500: 7,365 ▲ +1.46% — NEW ALL-TIME HIGH ✅
- Nasdaq: 25,839 ▲ +2.02% — NEW ALL-TIME HIGH ✅
- Dow: 49,911 ▲ +612 points
- WTI Oil: $95.86 ▼ -7% — Iran peace deal progress
- Bitcoin: $81,287 ▲ +0.21%
🤖 AI EARNINGS TSUNAMI
- AMD +18.37% — Rev $10.25B (+38% YoY) | Data center +57%
Lisa Su: "Agents are really driving tremendous demand"
- Super Micro (SMCI) +24.5% — Net income $483M vs $109M YoY
- ARM Holdings +13% pre + 8% after hours — Beat earnings
- HUT 8 +33% — Former Bitcoin miner signs $9.8B AI data center
lease at Beacon Point, Texas | Could reach $25.1B total
- Nvidia +5.93% — Corning partnership | 3 new AI plants
- Micron crosses $750B market cap
- Disney +7.6% | Uber +7.5% | Visa beat — 160 stablecoin programs
💀 THE UGLY (nobody covers this)
- GameStop proposed buying eBay for $56B — fell 10%
- PayPal -10% | Shopify -7% | Duolingo -7%
₿ BITCOIN CHART BREAKDOWN
- Current: $81,287 | First time above all short-term MAs since Feb
- Support: $79,384 → $76,187 → $74,941
- Resistance: $82,228 (200-day EMA) → $85,000 → $90,000
- Iran deal closes → BTC targets $85K–$90K
- Iran deal fails → BTC tests $74K support
- RHODL ratio 4.5 — third highest ever — cycle bottom signal
🔗 XRP CHART BREAKDOWN
- Current: $1.40 | RSI 49.6 Neutral
- The wall: $1.44–$1.45 (60% of supply held at $1.44 avg cost)
- Rejected 4 times in 2026 — a close above $1.45 = breakout
- CLARITY Act Senate markup — week of May 11 (8 days away)
- Standard Chartered: $4–8B in additional XRP ETF inflows if markup happens
- HYPE token unlock today: 9.92M tokens ($407M) — watch 48–72hrs
🏛️ CONSENSUS MIAMI + SPACEX + VISA
- Gillibrand: "No vote without an ethics provision" — CLARITY Act risk
- SpaceX IPO roadshow June 8 — $1.75T valuation — largest IPO in history
- Visa: 160 stablecoin card programs globally | $3.7T payments volume
- Hoskinson: "AI agents will destroy Google, Amazon & Facebook by 2035"
- Arthur Hayes: "Crypto doesn't need the CLARITY Act"
📈 STOCKS TO WATCH
AMD • HUT 8 • NVDA • DIS • VISA
🪙 CRYPTO PICKS
BTC • XRP • ETH • SOL • LINK
👀 WATCH THIS WEEK
→ Iran deal — watch daily before market open
→ Jobs Report — Friday May 8 (biggest number of the month)
→ CLARITY Act Senate markup — week of May 11
💰 TRADE ON KRAKEN (affiliate link):
https://invite.kraken.com/JDNW/bivvbwz3
🎙️ CREATE CONTENT WITH DESCRIPT (50% off — 2 months):
https://descript.cello.so/orr9ZO4T6sH
⏰ TIMESTAMPS
00:00 Question Open — How Long Does This Last?
00:30 Market Close — ATH Day
02:00 AI Earnings Tsunami — AMD, Hut 8, SMCI, ARM
04:00 BTC + XRP Chart Breakdown
06:00 Consensus Miami, SpaceX IPO, Visa Stablecoins
07:30 Today's Picks
08:30 Three Things Your Portfolio Needs to Track
09:30 A Word for the Investor
⚠️ NOT financial advice. Always DYOR.
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