$SpaceX(SPCX)$ Elon holding 48% of SPCX shares is something worth paying attention to. His approach seems to be "first in, last out" — aside from taxes and buyouts, of course. That's a lot of shares that won't ever hit the open market.
$Applied Optoelectronics(AAOI)$ Seeing a range contraction near the 50-day moving average. Looks like it's setting up for a potential continuation. The expected earnings growth in 2026 and 2027 stands out.
$Tradr 2X Long SNDK Daily ETF(SNXX)$ My 12.00 calls expired worthless last Friday. There were far more calls than puts that day, so it makes me wonder.
$SanDisk Corp.(SNDK)$ $SK hynix(SKHY)$ $Micron Technology(MU)$ There's a Korean article out today saying trading volume in single-stock leveraged ETFs has dropped 90% after new rules and regulations were pushed through last week. The piece also mentions serious criminal threats being directed at professional traders, hedge funds, and institutions over what was clearly market manipulation, with retail traders ultimately left holding the bag.
$ProShares UltraPro QQQ(TQQQ)$ I've never seen a day like this, let alone two back-to-back days. Incredible. I wouldn't be surprised if this runs to $100 by the end of the month. If I could, I'd be buying more for myself.
$ProShares UltraPro QQQ(TQQQ)$ The system is still showing a stay-long signal. The last buy signal was triggered 4 days ago when TQQQ was at 63.10, and since then it has climbed 7.70%. The weekly candle looks like a possible hammer bottom. It has been a decent three-day run to the upside.
$SpaceX(SPCX)$ Bears have been posting all weekend about how spcx is worthless, which honestly just looks like concern that it might actually end up worth a lot. Even most bearish analysts put short-term value above the current price, with the lowest around $70. The bullish side is talking $300, maybe $800, all well above where it is now. Starlink alone supports a valuation of $135 per share right now, and with the improved satellites — ten times better — going up, that number isn't likely to drop. The unlocking is probably already priced in. If guidance delivers, a 20 percent move higher wouldn't be surprising. The math and metrics behind each analyst's target are easy enough to find online. I think we'll be above $200 before long.
$ServiceNow(NOW)$ Nasdaq is crashing, but SAAS stocks are flying. And of course microchips are crashing. I wish I hadn't sold, I could have made a lot more. Good luck to anyone who had the patience to wait it out and believe.