$SPDR S&P 500 ETF Trust(SPY)$ The market is down, but statistically there is a decent chance of a bounce on 9/11, since market makers tend to commemorate that day. Even around midterms, the market has usually been up.
$Lexicon Pharmaceuticals(LXRX)$ Citi webcast takeaways: execution looks disciplined, with less emphasis on hype. 1. T1D NDA for Zynquista is targeted for a Q4 submission. Exton confirmed the Steno-1 exposure hurdle was hit in late August, saying the data is done and they're preparing it to get ready to submit. DKA rate came in lower than inTandem and similar to standard of care, which meets the risk-benefit criteria FDA has laid out. 2. HCM North Star is tracking toward Q1 '27. SONATA-HCM over-enrolled past 500 patients across 130+ sites, with a broad EF range and a unique background CMI cohort. Management framed a +3-pt placebo-adjusted KCCQ delta as a commercial home run. 3. Capital discipline on pain: Pilavapadin (LX9211) won't drain cash
$Intel(INTC)$ Market makers are still accumulating shares while trying to keep the price from jumping, which is why Trump posted it. He's literally trying to burn every short.
$SPDR S&P 500 ETF Trust(SPY)$ I'm still bored enough that it's almost painful, but there's no point rushing the October grim reaper. It won't be long now. Cash is hungry, though it's also almost ready to feast.
$Intel(INTC)$ At $500B, this stock looks ridiculously undervalued. It is the only company in the world with both leading AI design and manufacturing capability, and those are the biggest bottlenecks in the AI tech stack as models become more powerful and commoditized. It should be valued at $1T or more. I think this market misalignment gets corrected within the next 6 months.
$SPDR S&P 500 ETF Trust(SPY)$ I'm bullish, but I've been around long enough to know September, and how to play 0DTE puts for the day. Can't turn down 140% gains.
$SPDR S&P 500 ETF Trust(SPY)$ My day trading futures account went from down 3k over 4 months to up 2k in 8 days. That's a 5k swing in just over a week. Now I'm moving it into long term tech stocks.
$Intel(INTC)$ The news that the government will keep holding Intel until 2028 is enough on its own. That already points toward a one-way move for the share price to reach $200. The stock was already worth 1 trillion after Q2 earnings. The only reason it is trading at these levels is the supply overhang concern, which feels overblown. Trump is not going to sell a national security position while China is pressuring Taiwan.
$Intel(INTC)$ Nasdaq could be up 100 points tomorrow. Hoping the market shrugs off the jobs report. Interest rates matter less when companies are still making solid profits. There's always some scary narrative floating around around the clock.
$SPDR S&P 500 ETF Trust(SPY)$ Nvidia is putting up some historic numbers right now. At close to $5.3 trillion in market cap, $NVIDIA(NVDA)$ now makes up nearly 8% of the S&P 500's total value, which is basically its highest share ever. To put that in perspective, that's worth more than 5 of the S&P 500's 11 sectors on their own, and more than the combined value of the Energy, Utilities, Real Estate, and Materials sectors. Its market cap is also equivalent to roughly 16.3% of U.S. GDP. The AI boom has turned this into one of the most extraordinary corporate growth stories in market history. It feels like Nvidia isn't just leading the AI trade anymore, it's reshaping the market itself.
$Intel(INTC)$ INTC is holding like a champ. The market is down 150 points and INTC is flat to up. Selling volume has dried up and the spring is being tightened. Once any good news comes out, and I think it will, this stock could blast off. Could see $175 before the year is over, but $140 is a sure thing.
$SPDR S&P 500 ETF Trust(SPY)$ $Trump Media & Technology(DJT)$ USO.X$Battalion Oil Corp(BATL)$ $Sky Quarry Inc(SKYQ)$ U.S. forces struck two Iranian launchers on Larak Island after Revolutionary Guard forces were reportedly observed preparing to launch rockets carrying sea mines into the Strait of Hormuz, according to a U.S. official cited by Axios. Iran's Revolutionary Guards said the strike killed and wounded several soldiers and civilians and vowed "response and punishment," warning the U.S. will face both economic and military repercussions. Oil moved up to 85+
$Trump Media & Technology(DJT)$ If Democrats win in November, the market could keep ripping to new all-time highs for 2 years. $SPDR S&P 500 ETF Trust(SPY)$ might see some volatility before election day though. So just enjoy the show and buy the dips.
$SPDR S&P 500 ETF Trust(SPY)$ The market won't see another red day. Going forward, every session should keep posting a new all-time high and a new higher low.
$SPDR S&P 500 ETF Trust(SPY)$ The last Jackson Hole was a total mess. Today was a good day for filling gaps, but anything beats sideways trading. I think that 774.00 candle could end up being the high for the week. I'm still very bullish, but the chaos probably isn't over yet.