$SPDR S&P 500 ETF Trust(SPY)$ There are a ton of puts sitting way down there. And the market makers will move the price where it needs to be on low volume to wipe out the really careless positioning.
$SanDisk Corp.(SNDK)$ Here is the reason for the chop — it was busy making a pattern. Yes, it has the structure of a bullish pennant or large symmetrical triangle, but with important caveats. Pattern breakdown: Flagpole: the explosive multi-month rally from near $0–250 up to the $2,250+ area is a classic, powerful flagpole. Pennant / symmetrical triangle: after the peak, price has been coiling with a descending upper trendline (lower highs) and an ascending lower trendline (higher lows). The two lines are converging, which is the textbook shape of a pennant or symmetrical triangle. Volume has generally contracted during the consolidation relative to the parabolic rise, which also fits the pattern. On a monthly chart this is a large-scale vers
$SanDisk Corp.(SNDK)$ SNDK has long-term contracts with MSFT, AMZN, Google, Meta, and NVDA, and Tesla needs their expertise as well. They look like a top choice for every trillion-dollar company because they make the best products.
$United States Oil Fund LP(USO)$ Oil is now peaking above the 18-year trend line in late Oct 2026 and looks to be on the cusp of a massive Elliott Wave 3 impulsive advance into 2027 and beyond, unless a global recession and a 2001/2008/2022-style equity bear market with a negative wealth effect feedback loop destroys energy demand. Oil could reach 140-150 on the breakout. For anyone still doubting oil will go much higher barring a global depression that kills energy demand, there is another big picture setup pointing the same way: an 18-year, very probable, inverse bullish head and shoulders pattern for oil in Oct 2026. $Energy Select Sector SPDR Fund(XLE)$ $
$SanDisk Corp.(SNDK)$ The current price looks like an early Christmas gift. It traded at $1,906 on 9/22 before the F.U.D. around CXMT started. Earnings are due on 10/29. Record earnings and an additional stock buyback are expected to be announced. Bank of America's price target is $2,500.
$SanDisk Corp.(SNDK)$ Melius has a $3,600 target on SNDK, built around three things: demand for High-Bandwidth Flash, tight NAND pricing, and free cash flow strong enough to support up to $100 billion in buybacks over three years. Other analysts are close behind, with Bernstein at $3,000 and Cantor Fitzgerald at $2,900. The board has already added $14 billion in buyback authorization. With a forward PE of 5, this one looks like a no-brainer to hold and buy for the long term.