Hot CPI Data Spikes Yields: Tech Falls, ABBV Record Highs

Hot CPI sent the market down more than 1%. Tech took the brunt, and AbbVie hit a record high. 🔗 Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvesting.com/product... Hotter inflation, higher yields and ballooning AI capex hit buyer appetite hard. CoreWeave's debt spike rattled the whole AI build-out trade. Drew Dosek maps the support zones for a potential bounce and shows how to find resistance on a stock at all-time highs. PPI comes out tomorrow at 8:30am. 📐 ON TODAY'S SHOW 🔴 SPY, NASDAQ AND QQQ. The S&P fell 1.08% and lost its inverse head and shoulders. The Nasdaq dropped 1.88% and closed under its March trend line for the first time. Bulls need a close back above 26,900, and losing 26,614 brings more selling. QQQ's inverse head and shoulders is still alive above its $722.93 neckline. 🔵 SMH AND THE 10-YEAR. SMH gapped below yesterday's .618. Next support is $559.55, where the 50% parallel and the .786 meet. Resistance is $596.38. The 10-Year spiked on CPI but closed lower than yesterday. 🔴 GOLD AND SILVER. Gold is holding $4,104. Below that sits $3,800 to $3,900, and Drew buys physical at $3,500. Silver closed under its 50% parallel, which puts the $53.26 target in play. That's Drew's first buy level. 🔵 BITCOIN, OIL AND NAT GAS. Bitcoin is bear flagging on $80,650 support. Oil has been up seven days, with the $116 target alive above its neckline. Drew would buy nat gas near $3.22 to $3.32. 🔴 CRWV AND NBIS. CoreWeave fell 15.46% after its debt yields reportedly jumped from about 9.6% to near 15%, which makes AI capex more expensive to finance. Support is $59.72 to $60.82. Nebius's trend line sits near $182.78. Below that, Drew is a buyer at about $136. 🔵 DELL. Three factors stack at the gap fill near $506.62, but the bounce was only about 1%, which shows how little appetite there is for AI. The next support is $488.21. 🟢 ABBV. Up 3.32% in a sea of red. The lesson: map resistance at all-time highs with a parallel channel and a trend line from March 2025. Both point to about $292.74, then $295. 🔑 KEY TAKEAWAY: Keep knocking on a level and it eventually breaks. Oracle and silver both did that today. Support isn't permanent. Every hit weakens it. ⏱ TIMESTAMPS (estimated) 00:00 Hot CPI Hits Markets 01:30 The S&P Loses Its Pattern 02:35 Nasdaq and QQQ 04:40 SMH's Next Support 07:15 The 10-Year Fades 08:10 Gold 09:30 Silver Breaks Its Parallel 11:55 Bitcoin 12:45 Oil 14:45 Nat Gas 16:15 CoreWeave's Debt Spike 18:50 Nebius 21:10 Dell's Muted Bounce 23:10 AbbVie: Resistance at All-Time Highs 26:55 Sponsor: Rumble Wallet ✅ SUBSCRIBE for Trading The Close with Drew Dosek. No BS. Just Charts. 👤 FOLLOW @verifiedinvesting Claim $10 in US Stablecoin (USA₮) free and send your first tip with Rumble Wallet. Use code Verified10 at signup: http://wallet.rumble.com/Verified Promotional funds may only be used to tip creators on Rumble and cannot be withdrawn, transferred, or cashed out. Void where prohibited. No purchase necessary. Offer available to US residents only. Offer not available in New York State. Must be 18+. Offer is available for a limited time and for the first 500 wallets activated and funded. Restrictions apply. Details and full official rules available at http://rumble.com/promoofficialrules. This is a paid advertisement for Rumble Wallet. Rumble is compensating me for this ad. 🔒 Drew Dosek and the Verified Investing team will NEVER contact you asking for money or offering trades. Anyone who does is impersonating us. Report and block them. ⚠️ Educational and informational only. Not financial advice. Drew Dosek and Verified Investing are not registered investment advisors. Trading involves substantial risk of loss. Past performance does not indicate future results. #CapEx #AI #CPI #Inflation #10YearYield #AbbVie #CoreWeave #Nebius #Dell #Silver #Gold #TradingTheClose #StockMarket