$Intel(INTC)$ Looking at $Qualcomm(QCOM)$ in June, the FTD chart. How do you sell 108 million shares short in a single day? That is worth almost $21 billion. Can someone explain this to me?
$Intel(INTC)$ Once the new fab comes online and contracts get signed, this could really take off. TSMC capacity is basically impossible to get right now.
$Oracle(ORCL)$ If it gets back to 115 I'll add another 1,000 shares. With a 30-year time horizon, all this short-term noise doesn't really matter. I work in analytics, and every company I've worked for has Oracle deeply rooted in their infrastructure.
Intel and several other names are seeing a sharp overnight pullback. Intel has a few key support levels that shorts may be targeting. $88 and $87 are the closest levels to watch, with $85 acting as major support, roughly 4% lower. I've been adding back to Intel on weakness. Currently down 1% on the new position, but I'm anticipating further downside, which I'm fine with. Hopefully, we're getting closer to a strong buying area. $Intel(INTC)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ $iShares Russell 200
$Intel(INTC)$ Really hoping my Intel calls can recover before earnings. If that happens, I am done trading this one for good. I already stepped away from memory plays. Just need a little mercy here, lol.
$GameStop(GME)$ Is it actually legal to buy an asset to squeeze shorts right before selling it? That doesn't seem right to me. Anyway, my portfolio is 90% treasuries and 10% GME calls. Sorry about your $Invesco QQQ(QQQ)$ lately.
$Oracle(ORCL)$ They can't hold this beast down much longer. It's coiled like a spring, and once it goes, it should happen rapidly. Won't be long now. The shorts will reward us handsomely.
$Oracle(ORCL)$ Tyler Radke from Citi was on Closing Bell Overtime on CNBC. He has a Buy rating and a $330 price target. He mentioned robust demand for AI services.
$Intel(INTC)$ INTC is a long term investment. Price levels below $100.00 look like good entry points. A minimum 50% price appreciation is given for patient investors. I am in it for the longer term.
$Invesco QQQ(QQQ)$ Interesting how the algos keep respecting that 20 weekly moving average. It just broke above the 20, and when the market pulls back on this rally, it bounces right on the line.
$Intel(INTC)$ If the reported Intel Foundry deals with Apple, Nvidia, AMD, Google, Microsoft, and Broadcom are officially confirmed, this could be a massive game changer for Intel and its shareholders. The market may be seriously underestimating Intel's long-term potential. Once they're confirmed, this could really take off.
$Oracle(ORCL)$ This feels like it has bottomed, but it has been working at it for a while now, even if their CDs are high or something. Doesn't matter, the Jupiter plant is going to come online soon.
$Intel(INTC)$ You don't think they knew about the foundry news on Friday? Not only that, Broadcom, AMD, Meta, MSFT, TSLA, and Qualcomm are all adopting 14A or 18A. And NVDA too. Why this isn't top news, I have no idea.
$Invesco QQQ(QQQ)$ Highest volume on Friday since the early June tech-wreck. Would be nice to see a big green candle next. As I like to say, when everyone who wanted to sell or go short has sold or gone short, there is no one left to sell or short, and the market can only go in one direction.