$Dell Technologies Inc.(DELL)$ That doji on the chart looks ugly, but volume was relatively low. Price pushed above the upper Bollinger Band and then came back inside, filling the gap from the open. A doji like this usually hints at potential for a reversal. If we get one, I think it would be short lived. The weekly chart is too strong, with the high volume breakout to new all-time highs last week.
$Dell Technologies Inc.(DELL)$ CEO presentation summary: AI infrastructure demand still looks strong. He stressed that the AI buildout is still early, and customers are increasingly deploying AI because they see real productivity and business value, not just hype. Dell expects continued growth in AI servers and related infrastructure. The company sees ongoing demand for servers, storage, networking, and enterprise systems tied to AI deployments. The broader enterprise refresh cycle is supportive too. He pointed to aging PC and server fleets as another source of demand beyond AI. Supply is becoming tighter. Memory and component constraints were one of the less-positive parts. Dell indicated supply tightness could persist or worsen into 2027.
$Dell Technologies Inc.(DELL)$ The short attack looks pretty obvious from the chart action. Drop, buyers step in, drop again, rinse and repeat. Feels like a coordinated move.
Still holding $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ with the full position. Price action has been rough and never gave me a level that felt worth selling. Lowest it got was 494, and I was planning to start scaling out at 490 or lower. It's annoying, but I still think it should hit 480, and there's even a gap down at 460. It's just taking forever with these algos stuck on 500. With earnings and the war this week, it's kind of surprising this isn't doing more.
$Moderna, Inc.(MRNA)$ Up 14% one day on high volume, then down 7% the next day on low volume. I'll take that. Good luck to everyone, especially the longs.
$Meta Platforms, Inc.(META)$ People are saying this will go lower? It has $200 billion in revenue and a $1.4 trillion market cap. The same people are saying to buy $SpaceX(SPCX)$ with $18 billion in revenue and a $2 trillion market cap. That comparison seems off.