$Tesla Motors(TSLA)$ Structure still looks constructive here. Buyers keep defending the rising trendline and the 50 EMA. Last week's spinning top indicates hesitation, not a breakdown. The pattern of higher lows remains intact, showing dip buyers are active. Bears have tried a few times to push it lower, but nothing has stuck. Key level to watch: a break above the triangle resistance could lead to the next leg higher. As long as support holds, the trend stays tilted upward.
$Invesco QQQ(QQQ)$ BitMine's new preferred stock, BMNP, is expected to start trading on the NYSE this Tuesday (June 16). The offering could raise up to $300 million while paying a 9.5% annual dividend. ✅ More capital for ETH.X purchases and staking ✅ Less dilution than issuing more common shares ✅ Signals institutional demand and confidence in the ETH treasury strategy ⚠️ Preferred shareholders get priority over common shareholders, and the dividend is an ongoing obligation. Bottom line: This looks like a net positive for Bitmine. The company gains access to significant capital for its ETH strategy while limiting common share dilution. The key question now is whether management can generate returns on that $300 million that exceed the 9.5% div
$Invesco QQQ(QQQ)$ Comparing the 2021 Meme Mania to the 2026 AI Mania. It might seem a bit off to think about the Q1 2021 Meme stock frenzy in June 2026. But here's the key difference. In 2021, the highest returns came from the smallest companies, the mini bubbles, like GameStop, AMC, the meme stocks. In 2026, it's the largest companies generating the returns, think Micron, AMD, Western Digital.
This is great for disciplined traders. It's dangerous for gamblers. Bullish for retail participation. Bearish for anyone who thought the PDT rule was the reason they weren't making money. The biggest winners will be traders with accounts between $2K and $20K who were already using cash accounts, futures, or offshore brokers to get around PDT. Now they can trade U.S. equities more freely. The translation: more liquidity, more squeezes, more volatility, more blown-up accounts. That's the reality. BTC.X $SPDR S&P 500 ETF Trust(SPY)$ $iShares Russell 2000 ETF(IWM)$ $Invesco QQQ(QQQ)$ $Broadcom(AVGO)$
When the Dems finally wake up and end this circus by reopening the government, $Trump Media & Technology(DJT)$ could easily reach $25. Free healthcare for 20 million undocumented migrants? That math ain't mathing.