$SPDR S&P 500 ETF Trust(SPY)$ Looking to go long with SPX call spreads if we get another down day. The setup also lines up with the CPI report. Short time frames look pretty oversold right now.
$SPDR S&P 500 ETF Trust(SPY)$ I've never met anyone who got rich from day trading, but I have met plenty of people who got rich from owning their own business.
$SanDisk Corp.(SNDK)$ Shorts tried 5 times to push it under 1760 and market makers scooped them up every time. Feels like the direction after lunch is getting clear, especially now that institutions have their cheap shares. At this point, covering seems like the obvious move.
$SanDisk Corp.(SNDK)$ Shorts are digging their own graves. Keeping the price down lets more long term holders pick up shares at artificially suppressed levels. They're building a coiled spring. It feels like it's only a matter of time before this moves above $2,000. The company will announce an additional $10 billion in share buybacks every quarter for the next two years.
$SanDisk Corp.(SNDK)$ Bears keep doubling down on SNDQ, and the losses just keep stacking up as they try to get their money back. No refunds for shorts.
$SanDisk Corp.(SNDK)$ Strong day. The share price pushed above $1,800 and that rattled the shorts. I trimmed a small position, but I'm still holding a full position going forward.
The midday long setup on $SanDisk Corp.(SNDK)$ was highlighted after the dip and swipe, with $1,200 psych as the key level to reclaim. As price held the 5/12 and pushed higher, momentum strengthened with the $1,300 target getting hit. Stops were managed higher as price continued, with the 5/12 holding the bounce and a breakout above $1,300 setting up for further upside. Clear plan. Strong trend. Disciplined execution.
$SPDR S&P 500 ETF Trust(SPY)$ BTC.XGLD.XDXYBullish divergence shows up as green dots, exhaustion as a yellow dot, pros as white candles, the 10 EMA as a silver line, and the 200 EMA as an aqua line. After exhaustion on the 10 EMA retest followed by bullish divergence on the 200 EMA retest, a move over $99.51 would have things coiled pretty tight for recapturing the century mark.
$SUPER MICRO COMPUTER INC(SMCI)$ Dell just handed Supermicro bulls one of the strongest industry confirmations yet. Dell Q2 numbers: - Revenue $46.97B, +58% YoY - AI server revenue $16.4B, +100% - AI server orders $60.9B - AI backlog $95B - ISG revenue $31.8B, +89% Now compare that with SMCI's latest quarter: - Revenue $11.12B, about +93% YoY - GAAP gross margin 17.5% - Net income $1.18B - More than $60B in new orders during Q4 - Record backlog - FY27 revenue guidance $65B-$72B What matters here: both companies are seeing roughly $60B+ levels of fresh AI infrastructure demand. Dell's results pretty much destroy the "AI server demand is slowing" narrative. Demand is clearly accelerating across the entire ecosystem. And despite being much small