The Big 3: EBAY, WMT, META

Group 1: Market Overview - The current market sentiment is questioning whether there is an AI bubble, with a focus on sector rotations, particularly between Google and Nvidia, which are outperforming the S&P 500 year-to-date [2] Group 2: eBay Analysis - eBay is experiencing a bearish outlook, with expectations of a decline below the $80 level, following a recent flirtation with this price point [4][6] - The stock has seen a significant pullback after reaching a high of $101.5, with a notable drop of 14% since the last earnings report, although it remains up 34% year-to-date [12] - Technical analysis indicates that eBay has a resistance level at $87 and a support level around $78.78, with the current trading price at approximately $83.47 [8][10] Group 3: Walmart Analysis - Walmart is viewed positively, especially following a strong earnings report and the anticipation of increased sales during the holiday season [13][14] - The stock is expected to experience a gamma squeeze due to significant call option buying activity, which could drive the stock price higher [15][19] - Technical indicators show an upward trend, with notable support between $104 and $105, and a breakout level at $110 [20][25] Group 4: Meta Analysis - Meta has faced a decline of over 13% following earnings, with a recent short covering rally bringing the price back from $580 to around $640, but this is expected to be short-lived [27][29] - The current strategy involves a bearish position, anticipating a return to the downtrend with a focus on a December 5th expiration for options trading [30][32] - Technical analysis reveals a critical support level around $586, with the stock currently trading at approximately $637.47, indicating potential volatility ahead [35][37]