To The Moon

$ServiceNow(NOW)$  Holding the premarket pop pretty well so far, hasn't faded yet... interesting. Most others popped and then dropped right back, but this one looks like it wants to push higher.

$SK hynix(SKHY)$  This looks like another ladder short, trying to push people to sell repeatedly. Look at IBM, ORCL, OKLO, MSFT, AMZN today. Meanwhile, QQQ is going nowhere. How is that possible? It seems like institutions are pinning it. How do they do that? They buy one thing and sell something else, every single day. Why? To get people trading in and out. For some reason, it appears someone doesn't want QQQ to go up, so the "buy this, fade that" narrative keeps getting spun. This doesn't last. But they sure spin a lot of creative narratives in the process. At least until you realize they've used the same narrative for different stocks over and over. Tesla is garbage, oh Tesla doubled. Tesla garbage. Oh look,

$SK hynix(SKHY)$ $Micron Technology(MU)$ It's interesting to see the market separating NAND-only companies from diversified memory players. Kioxia just lost its patent lawsuit against $Viasat(VSAT)$ , and its stock dropped 16% immediately. That also triggered a sharp selloff in the Nikkei, sending it down as much as 6% amid widespread margin calls. Viasat has also been in a patent dispute with $SanDisk Corp.(SNDK)$ , Kioxia's technology partner, since last year. SanDisk and Kioxia have been jointly developing and manufacturing NAND in the same fabs for over 25 years, making theirs one of the world's lon

$IBM(IBM)$  IBM is up about 3%. Argus Research kept its Buy rating but lowered the price target from $360 to $280. Evercore ISI also maintained its Outperform rating, cutting the target from $310 to $250.

$IBM(IBM)$ This looks like a way to lure in shorts and accumulate the shares they borrow and sell. It's hard not to consider starting or adding a position here. Anything between $200 and $250 seems like solid value, and anything lower would be a gift in my view. UNH went through a similar phase last year and came back strong, even with much worse news. Tech hardware is just the popular sector for now.

$SpaceX(SPCX)$ There's a pretty nice buying and selling structure forming, and they've opened up margin for it.

$Roundhill Memory ETF(DRAM)$ It's interesting to see $SK hynix(SKHY)$  reaching a new all-time high.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  I think the price action below 4 is setting up for another leg higher soon.

$Tradr 2X Long SNDK Daily ETF(SNXX)$  I picked up 1,000 shares at $19.66. The low volume after-hours discount is a nice touch.

Selling the $15 put expiring in January. The stock is currently trading at $27. If it works out, this could generate an ROI of about 80% over six months (you're risking the strike price minus the premium). This isn't my usual timeframe, but with the underlying shares at $27, the probability of success feels pretty high. $Tradr 2X Long SNDK Daily ETF(SNXX)$