$Applied Optoelectronics(AAOI)$ Q2 2026 recap: the growth story is still about demand vs. capacity. Another record revenue quarter, marking five straight quarters of new highs, while the company returned to non-GAAP profitability. The biggest driver: 800G products are ramping fast, with volume more than doubling QoQ. Demand for high-speed optics and 1.8 GHz CATV products continues to push results higher. The key takeaway: customers want more than AAOI can currently produce. Demand is expected to outpace capacity through mid-2027. Capacity is expanding fast, targeting ~650K monthly units of 800G and 1.6Tb products by year-end. Growth is strong, but execution on the ramp remains the focus.

$SK hynix(SKHY)$ KOSPI closed lower. It opened higher, somewhere between Monday's and Tuesday's ranges, then sold down into Monday's trading range and stayed there the rest of the day. Not the worst session for the exchange overall. SK ended down 10 on no real news. The trading vibes felt off from the start, and the regular session didn't bring any improvement. Institutions were net sellers, which isn't exactly a surprise. Hoping for a better day tomorrow.

$SpaceX(SPCX)$  Short interest now sitting at over 30% heading into earnings. Might be an interesting setup.

$Tesla Motors(TSLA)$ $Micron Technology(MU)$ $SK hynix(SKHY)$ $SpaceX(SPCX)$ $NVIDIA(NVDA)$ Looks like the stock market is slowly grinding lower again.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Semiconductor sector has been on a solid run lately. $iShares Semiconductor ETF(SOXX)$  $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  posted five straight green days, adding up to more than 50% gains. I hope anyone riding that managed to lock in some profit.

$ProShares UltraPro QQQ(TQQQ)$  META and the Fed are putting pressure on TQQQ, and the conflict with Iran isn't helping either. I bought in at 64 because it looked oversold. For now I'm just going to hold my bag and wait for it to get back above 70. Hopefully sooner than later. I've always had good luck with TQQQ, so I'm not too worried.

$Corning(GLW)$ If you are not about to cash out this stock right now, the short-term swings don't really matter. A couple of years down the road, or even sooner, we will see the highs again. The AI expansion is here to stay.

$SanDisk Corp.(SNDK)$ $Micron Technology(MU)$  up 1.3% and $SK hynix(SKHY)$  up nearly 3% today. Huh. It just wouldn't feel like a normal trading day without getting zero relief from the constant short pressure, which mostly only exists during overnight hours and at the open when most people can't or don't trade. It would be nice to actually see a pump when one of the biggest near-term worries for $Alphabet(GOOGL)$ , their capex, works out in our favor, instead of dropping $42 per share for no reason other than algo bots spamming sell all night. See you at 3000.

$SpaceX(SPCX)$ A couple of price levels that wouldn't surprise me if they were hit. First, SpaceX reaching a $1 trillion market cap, which would put the share price at $76. Second, based on some metrics, Tesla could be around $62. And honestly, this seems very plausible.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  I added a few shares, getting my average cost where I want it. I'm not going overboard though. The semiconductor earnings reports this week will show, as they always do, that demand remains incredibly high.

$IBM(IBM)$ IBM posted $17 billion in quarterly sales with billions in free cash flow. Its operating margin is around 20%, and the balance sheet has an A rating from the three major credit agencies. The company also has a strong position in quantum computing, which looks like the market's next big thing, and is on track to deliver the world's first large-scale, fault-tolerant quantum computer. Warren Buffett once noted that stocks sometimes sell at silly prices. It doesn't take a high IQ to see when they're cheap, but it does take the right temperament to actually step up and act on it.

$IBM(IBM)$ Whether you're waiting for $190 or getting back in at $210, it doesn't make much difference for a stock that will likely be back in the $270-$300 range by year-end. In my view, we probably won't see it go below around $205 again. The major run-up typically starts about 2-3 weeks after earnings, though I wouldn't mind if it takes longer, as that just means more shares through dividend reinvestment. Earnings are lower because client spending is shifting towards memory and hardware over IBM's software and consulting. That's understandable. But it doesn't mean those business sectors won't recover. The original move to $300 was driven by quantum speculation anyway, not legacy IBM services. So, why does the narrative shift so dramatically

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ If reverse splits aren't a big deal to the bears, then why was this trading at $141,000 per share back in 2022 compared to $46 today? It's a pretty stark difference.

$NVIDIA(NVDA)$ $Advanced Micro Devices(AMD)$ $Micron Technology(MU)$ $SUPER MICRO COMPUTER INC(SMCI)$ $SpaceX(SPCX)$  Not a bad session overall. Hopefully the momentum continues and we see further gains going forward to recover from the recent pullback.

It's safe to say that hyperscalers are a good investment, since AI hardware demand will go up and tokens will increase way faster than production. That said, $CoreWeave, Inc.(CRWV)$  doesn't seem to make much money. I think $Oracle(ORCL)$  is a better long-term buy. Regardless, just buy $Direxion Daily MU Bull 2X Shares(MUU)$  or MULL.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ The CPI reading next week could push Bitcoin above $70,000 and lift the broader markets. Shorts might be forced to cover if the squeeze happens.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  From where I stand, this could move up another 20% from current levels and still be well under the $5 mark it was at just recently. It feels like there's a strong push to support semiconductor stocks right now.

$Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$  It bounced from 538 in overnight trading and is approaching 580. I think there's a chance we could see 650+ soon.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Looking at SoXL, it's down about 32-35% as of today's close. That's not the target level though. From my perspective, staying the course and being patient is key to realizing potential gains. I see this as just the beginning, with significant opportunity and upside ahead.

$Direxion Daily MU Bull 2X Shares(MUU)$ The profit margin is still at 84%, so I'm not too concerned for now until the next report. The current phase seems like a time to build a position, or to average down if you entered at the all-time highs. Personally, I'm adding small amounts at these lower levels and would consider more if it drops further.