$Oracle(ORCL)$ This feels like it has bottomed, but it has been working at it for a while now, even if their CDs are high or something. Doesn't matter, the Jupiter plant is going to come online soon.
$Intel(INTC)$ You don't think they knew about the foundry news on Friday? Not only that, Broadcom, AMD, Meta, MSFT, TSLA, and Qualcomm are all adopting 14A or 18A. And NVDA too. Why this isn't top news, I have no idea.
$Invesco QQQ(QQQ)$ Highest volume on Friday since the early June tech-wreck. Would be nice to see a big green candle next. As I like to say, when everyone who wanted to sell or go short has sold or gone short, there is no one left to sell or short, and the market can only go in one direction.
$Intel(INTC)$ This sell-off was mostly margin calls and stop-loss selling out of South Korea. Now that those are out of the way, large institutions will likely start picking up shares at cheaper levels. They did something similar when a certain over-leveraged hedge fund got squeezed out. Once the dust settled, things started climbing again.
Someone sold 490 call contracts on $Lexicon Pharmaceuticals(LXRX)$ at $5 for Jan27. Not sure who was behind that, but it looks like a big position. I could sell covered calls here, but the premium just doesn't seem worth tying up the capital for the hassle. My day trades already pay me daily, so the premium is already coming in. No real reason to lock up more capital for small returns when there are better setups available. My $Apple(AAPL)$ and $Intel(INTC)$ calls generate much more monthly premium, so it makes more sense to keep that running. At the end of the day though, cash is cash. Liquidity is leverage.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ Pretty obvious pattern here. A sharp drop on the day of Blackrock earnings, followed by a quick buy-up within 24 hours to fill a major gap. Seems like positioning got sorted out, then a few days of consolidation before rallying back up as if nothing happened. lol.