$Intel(INTC)$ Virtually every investor is aware that Micron is performing very well. Revenue, earnings, growth, margins, and guidance are all quite positive, and analyst price targets reflect that. The same goes for Nvidia, SanDisk, TSMC, SK Hynix, Qualcomm, AMD, etc. What many haven't realized yet is that the same is true for Intel, and this will be shown in their earnings report in less than a month. This is my pick.
$Intel(INTC)$ Last week's lows are resting on the highs of the prior consolidation range, and the structure looks constructive for further upside extension.
$Invesco QQQ(QQQ)$ It's been a very good month. I used $7000 in trading profits from another account in early June to refund a busted account. Since then, I've had this run while the market has largely moved sideways. Most people keep hoping for a big breakout move one way or the other, but for me, this is the easiest market to make money in. The removal of the PDT rule in early June made all the difference. I've only been buying puts on QQQ above 730, and alternating calls and puts in the 705-725 range. I'm all to cash by the end of the day now that I've made some decent money, as I don't like nasty overnight gaps. By August, if conditions warrant it, I might commit to some longer-term bearish bets, but until t
$Intel(INTC)$ Intel has secured Tesla as a customer for its advanced 14A manufacturing process. The agreement centers on next generation chip production for Tesla's technology platforms. This is a key development for Intel's efforts to rebuild its foundry business.
$Intel(INTC)$ Intel is the only U.S. strategic supply company getting beaten down the most. Many fabless chip companies saw their stock prices rise 10-fold over the past few years driven by AI, and no one questions that. No one questions Micron's 10+ fold rise either, but everyone questions Intel's rightfully deserved rise, which is still well below the market cap of fabless chipmakers. It's just because Intel chose to invest in advanced chip manufacturing, while all the others chose to outsource that to a foreign country, undermining U.S. capabilities in a technology that's critical for national security, since it's the key capability to produce advanced chips for weapon systems.
$Intel(INTC)$ This needs to reclaim the zone above 135 to avoid any messy moves. I think MU earnings after the bell today should bring some positive sentiment to the market and could help turn things around. This kind of volatility has happened many times before; it feels more like a passing phase.
$SpaceX(SPCX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ Elon's retail followers are completely loyal to him and have been rewarded handsomely over the years for it. They have the capital and could easily drive the price up several hundred percent. This could happen at any time, for any reason, even just a post on X. Don't underestimate that.
$NVIDIA(NVDA)$ $Amazon.com(AMZN)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ Maybe the inflation and rising interest rate narratives made sense when we were looking at a potential $250+ per barrel of crude, but that never materialized. Crude spiked into the $120s and has been easing since, we have been hitting new lows every day. With energy collapsing and everything else structurally deflating, it's hard to imagine how inflation prints and interest rates stay elevated for much longer.
$Nokia Oyj(NOK)$ Showing a constructive setup with potential for continued upside after rebounding from the 50MA around 13.50. The weekly structure resembles prior $Intel(INTC)$ type consolidation patterns, with price holding firm after the recent pullback. Momentum is building with room for a potential 20%+ move if strength continues.
$Oracle(ORCL)$ Institutions are stepping in at support levels, analysts have massive upside targets, and earnings were smashed. It just feels too easy to load up at these cheap prices.
$SpaceX(SPCX)$ Analysts are also optimistic. Zephirin issued a "buy" rating with a $310 target price, citing an undervalued supply-demand scenario. Oppenheimer raised its target from $190 to $250, bolstered by SpaceX's strategic acquisition of AI firm Cursor.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ The market pulled back after the Fed's first meeting under Warsh, with 9 out of 18 officials now penciling in rate hikes for 2026. But if you zoom out on $Vanguard S&P 500 ETF(VOO)$ , the moving averages are still stacked and the uptrend remains intact. The AI buildout is driving companies to team up across industries, and that story isn't slowing down.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ Core inflation appears artificially high, largely due to the outdated method the Fed uses to gather housing data. They literally call people and ask how much they think they could rent their place for. How flawed is that! Everyone wants their property values to stay high, so who wouldn't quote a price above the market rate? Real housing prices are falling in almost every area. I've seen this firsthand. Once Warsh starts using real-time data, the inflation numbers could drop significantly.
$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ I've watched the market for a long time. When there's genuinely bad news, stocks are usually down 2-3% or more overnight. A move like this isn't necessarily a bad sign. It could easily turn green at the open tomorrow.
$Oracle(ORCL)$ $Salesforce.com(CRM)$ has become much more interesting to me lately. Enterprise spending isn't disappearing, and AI integration is creating new revenue opportunities. I'm staying invested and avoiding emotional decisions.