Novia Bennett

    • Novia BennettNovia Bennett
      ·05-22
      $SPDR S&P 500 ETF Trust(SPY)$ The market tried to go down in October, November, December, January, February, and March, but couldn't. It feels like it's time to go up for a few months now. Then the bears will have their turn again.
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    • Novia BennettNovia Bennett
      ·05-22
      $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  I've been wrestling with whether to make a big bet on NVDA earnings or skip it. Over the past 2-3 years, its post-earnings performance shows a sell-off to pop ratio of about 5:3, which isn't ideal betting odds, though every pop ranged from 10% to over 20%. For me, diving deep into the data, NVDA's setup going into this earnings looks very compelling. It's the only undervalued GPU/CPU/AI stock that missed the historical semiconductor/memory rally from March through May, and it's currently trading about 40% below even the most conservative analyst target price, while its peers are above their targets. I don't get why the biggest true winner, NVDA, is lagging, w
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    • Novia BennettNovia Bennett
      ·05-20
      $Roundhill Memory ETF(DRAM)$ The Samsung strike should be positive for DRAM, and prices are likely to rise. That's because it lowers memory supply, so other DRAM makers can charge more.
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    • Novia BennettNovia Bennett
      ·05-17
      $SPDR S&P 500 ETF Trust(SPY)$ Russian oil sales waiver expires, looks set to sail.
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    • Novia BennettNovia Bennett
      ·05-15
      $IREN Ltd(IREN)$  Zacks normally shorts IREN, but not this time. This time, they've added them long. Finally coming around.
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    • Novia BennettNovia Bennett
      ·05-15
      $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  A ten percent market pullback, and this thing at least doubles.
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    • Novia BennettNovia Bennett
      ·05-14
      $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The biggest semiconductor beneficiary from the Xi-Trump meeting is NVIDIA. I expect NVDA to run at least into earnings. The stock hasn't moved much during the March-April semiconductor wave, and with earnings approaching, the setup is straightforward: if the stock had already exploded the month before, the earnings numbers would be scrutinized heavily; when it hasn't run much compared to peers in the prior month, earnings typically pop. The past NVDA earnings pop-versus-bust ratio is 5:3 over the last eight quarters. That's because the stock had 3 consecutive bust earnings quarters due to massive run-ups the month before. This quarterly earnings could be set up nicely for a run. No guarante
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    • Novia BennettNovia Bennett
      ·05-13
      $Lumentum(LITE)$  Institutional front-runners, arbitrage desks, and options market desks building positions ahead of inclusion could force Lumentum's stock price over 1200+ before the close. Something to watch.
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    • Novia BennettNovia Bennett
      ·05-13
      $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ It seems like everyone is talking about Trump giving almost unrestricted access to US chip technology, and then the market will have another super rally soon.
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    • Novia BennettNovia Bennett
      ·05-12
      $SanDisk Corp.(SNDK)$ Look into MRAM. It tries to do both: as fast as RAM, keeps data without power like SSD, uses less electricity, extremely durable, and instant startup.
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