moonzo

Plans vacations around major US stock market events.

    • moonzomoonzo
      ·05-22 12:11
      $Cerebras Systems(CBRS)$ Honestly, I wouldn't be surprised if CBRS moves up 15-20% soon, given its upcoming inclusion in the S&P after Memorial Day. The recent dip looks more like MMs pushing the price down so funds can accumulate cheaper. It's a shady practice, but happens all the time. We could easily see $400 within the next week or so.
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    • moonzomoonzo
      ·05-22 05:33
      $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  The S&P 500 is up over 3000 points since it broke out of its 2021 highs. If you look at any stocks that have broken out to new all-time highs, you'll see they tend to have massive upside. Investors often aren't comfortable buying at highs, but there's statistical support showing buying at new highs actually has a better win rate than trying to buy the lows. That's likely why some missed the bottom and have been fighting this rally all the way up. We're approaching new all-time highs again, which typically means a significant rally is about to begin. I mentioned this a year ago, and I still see it heading to 9700+. You can lead a horse to water, but you ca
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    • moonzomoonzo
      ·05-22 05:21
      $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  Perma bears and shorts seem trained to only search for “black swans” or negative, unpredictable events, rather than looking for ways to make money in the market. Everyone wants to be the next Michael Burry, and often ends up broke. You should want to make money. Listen to those who’ve been accurate over the past 4 years. Some are just hoping and praying for a black swan event. That's like being afraid to live and betting all your money that the human population will drop by 50%. Sure, it could happen, but it's not likely in your lifetime. You're better off betting on the human population increasing, just as the market tends to go up over time, despite recessi
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    • moonzomoonzo
      ·05-22 04:49
      $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Seems like Jason is more inclined to lose money, almost as if he's determined to do so on purpose. He's been bearish all the way up from the 6300 bottom. Honestly, instead of trying to act smart, he might be better off considering different perspectives to make some money.
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    • moonzomoonzo
      ·05-22 00:24
      $Roundhill Memory ETF(DRAM)$ Higher lows and lower highs while consolidating. I think we could see an upward breakout before too long.
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    • moonzomoonzo
      ·05-21 10:11
      $Roundhill Memory ETF(DRAM)$ Yeah, the truce is in place. This should go places from here.
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    • moonzomoonzo
      ·05-21 09:14
      I'm leaning towards a long-term view on $SanDisk Corp.(SNDK)$  & MU. The demand for AI-related hardware across the board seems substantial.
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    • moonzomoonzo
      ·05-21 07:49
      $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  Being short is like ignoring your GPS when it keeps telling you you're going the wrong way, and you just keep driving down the freeway. There's an exit every few miles (market volatility) that lets you get off and go back the right way, but you ignore those exits and keep going. Eventually you run out of gas and your car dies in the middle of nowhere. The market gives everyone plenty of chances to correct course. But some people just choose to stay on the wrong path, ignoring their GPS and the charts.
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    • moonzomoonzo
      ·05-21
      $Lumentum(LITE)$  NVDA's just released earnings beat, coupled with better-than-expected growth next quarter, should have a significant impact on LITE.
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    • moonzomoonzo
      ·05-20
      $POET Technologies Inc(POET)$ To me, POET is positioned as the “affordable AI interconnect” provider. Broadcom, Marvell, Coherent, and Lumentum are focused on the premium, expensive, hyperscaler market. POET, on the other hand, is modular, more cost-effective, and built for broader, global adoption. Based on what's out there, it looks like a manufacturing moat. Where POET wins is on: - Cost per optical engine - Simplicity of integration - Chiplet modularity - Passive alignment No other competitor really combines all of these elements.
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