Market Trend Analysis - The US dollar is experiencing its best month in 2025, showing signs of a potential breakout [1] - A bounce in the dollar's value this week suggests further upward movement is likely [2] Technical Analysis - The dollar has bounced off a well-defined multi-year uptrend line [2] - The dollar's value previously moved from 110 to 96, with a bounce occurring at the 96 level [3] - The dollar has moved above a downtrend line, indicating a significant developmental price action [4] Investment Strategy - An oversold bounce is occurring, and the trade is likely to continue higher [4]

Core Viewpoint - Qualcomm Inc. has experienced significant stock price decline, dropping over 25% from its February high, and recently fell below $150, reaching levels not seen since November 2023, amid market chaos driven by tariff fears and geopolitical tensions [1][2]. Group 1: Stock Performance and Technical Indicators - Qualcomm's shares have reached a relative strength index (RSI) of 25, indicating it is in oversold territory, which historically suggests a potential for a price rebound [3][4]. - The last occurrence of such a low RSI was in October 2021, after which the stock rallied by 55% in the following months, suggesting a possible pattern for recovery [5]. Group 2: Management Confidence and Dividend Policy - Despite the stock pressure, Qualcomm's management raised its dividend, signaling confidence in future cash flows and earnings stability [7][8]. - The decision to increase the dividend indicates that Qualcomm anticipates strong earnings in the upcoming quarters, which could lead to a sentiment reversal [8]. Group 3: Upcoming Earnings and Market Sentiment - Qualcomm's next earnings report is highly anticipated, as the company previously exceeded expectations and increased its dividend, which could indicate that the current sell-off is an overreaction [9]. - Recent trading activity showed a significant intraday bounce of over 13% from lows, suggesting underlying demand at current price levels [10]. Group 4: Market Context and Future Outlook - The broader market conditions, particularly the performance of the S&P 500, may influence Qualcomm's stock trajectory, but the current risk-reward scenario appears favorable [11]. - The combination of a low RSI, a strong dividend increase, and signs of demand at lower price levels presents a compelling opportunity for potential investors [12].