$SpaceX(SPCX)$ Market makers were mostly positioned to defend against a sharp, liquidity-driven move higher. With the Day-90 scheduled lock-up release hitting today, unleashing up to 319 million newly tradeable shares into an already tight float, the setup going into options expiration carried real directional pressure. Instead of rolling over on the expected insider dilution or heavy supply, SPCX absorbed it and traded up through the $147.55 to $153 range. When a high-beta name like SPCX refuses to break down into a major supply event, market makers short gamma from OTM call buying or defensive positioning get squeezed hard and have to chase the stock higher to delta-hedge.
Space Exploration Technologies $SpaceX(SPCX)$ ($147.95) is riding its ascending daily moving average support zone, with the 15/16/21-day SMAs sitting between $140.57 and $141.30.
$Bloom Energy Corp(BE)$ Bloom Energy is joining the S&P 500, effective before the market opens on Sept. 21. UBS analyst Manav Gupta raised his price target to $325 from $300, keeping a Buy rating.
Another silly, mean message from a bear. Every time I get one of those, I double down. One mean message just means double the bullish posts on SPCX. Someone posts something silly, then sends an even sillier message, and somehow thinks that will change my mind. So now there's going to be even more $SpaceX(SPCX)$ content. Keep sending them. I'm not going anywhere. Not investment advice, just my opinion. Do your own research.
$Dell Technologies Inc.(DELL)$ Once 500 breaks and holds, the path to 550-600 looks open. Options showed how powerful they can be in today's price movement.