$SPDR S&P 500 ETF Trust(SPY)$ Bears figured KOSPI would keep sliding after that big selloff, but buying the dip still looks like the way to go here. Nothing seems able to take this market down.
$Intel(INTC)$ What $Tesla Motors(TSLA)$ $SpaceX(SPCX)$ showed was jaw dropping and reaffirms that America has a tech lead over China. Not just math but creativity and daring. To be celebrated. And important for Intel to take a leading role in Terafab and not let TSMC in.
$Intel(INTC)$ Glad to have bought back some of my lower hold position. I'm working toward getting back to my original higher share count, though these prices make that difficult. Feeling optimistic and continuing to add slowly on red days.
$SPDR S&P 500 ETF Trust(SPY)$ SPY is still holding above the 716.43 invalidation level on the 4-hour chart, keeping the move from the September low intact. Wave (i) still looks like it has room to extend. The setup I'm watching is a push toward the 786.45 area to complete wave (i), then a corrective wave (ii) back toward the 764-765 zone before the broader bullish sequence resumes higher.
$Intel(INTC)$ Bought 100c 11/20 contracts. Risk management is in place. Using profits from other plays to cover these contracts. Discipline over emotions. NFA.
$SPDR S&P 500 ETF Trust(SPY)$ Musk and Wall Street are floating a pretty bold call that SpaceX stock is set up for a catalyst-driven 2027. The catalyst being talked about is that SpaceX is reportedly looking to raise another $40 billion in financing to buy Nvidia chips.
$Intel(INTC)$ INTC is now down roughly 19.8% from its recent high of $130.24. After the multi-week selloff, price is probing a zone that could mark intermediate support. The setup looks increasingly constructive heading into Q3 earnings in about two weeks. Adding fuel: Intel remains a core partner on Elon Musk's Terafab project. CEO Lip-Bu Tan recently reaffirmed that Intel will continue working with Musk on the Texas AI chip complex, with 14A still the referenced process, even as any TSMC role stays limited to a potential sublease at most. A ~20% reset plus ongoing strategic alignment with the Terafab build-out could support a run into earnings in anticipation of a clean beat-and-raise plus constructive commentary on 14A progress, external f
$United States Oil Fund LP(USO)$ $SPDR S&P 500 ETF Trust(SPY)$ General markets seem uneasy about oil prices and barrels climbing, and the reasoning is that with bond yields already high, oil is the lynchpin of global economies. There are already massive spikes just in shipping oil, which shows how much demand there is. Meanwhile, Trump and his Israeli/Russian associates keep downplaying the destruction and logistical battles in the Middle East, including damaged oil pipelines, ships being blown up, and pumping stations. So the game looks like shorting every oil stock while pumping the S&P and other stocks with AI and chips for data centers, a 1984 on steroids setup. Frustrating for logical
$Nike(NKE)$ Beautiful technical bounce here. Looking for $35-36 by end of week, though could see $37+ range if markets pump tomorrow. Locked in today and riding some profit into tomorrow. I flip options pretty quick, so these were weeklies 35, 37, 40. The 35s printed enough to more than cover the 37/40 strikes, but I kept some 37 for tomorrow just in case. The technical bounce could go as high as low 40s, but I don't think we'd get anywhere that high tomorrow. A few weeks out? Possible. But I'll be out at some point tomorrow and don't plan on riding options here next week. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$
$Intel(INTC)$ Let me explain how this works for a few people here. Look at the 115 strike with 32k calls expiring Friday. That tells you what this week was about. $200 by December. I've been here since $25.
$Intel(INTC)$ Still like this setup a lot. As long as the recent low holds, I'm keeping stops under that level. If it doesn't hold, it looks like there's a gap fill below.
$Intel(INTC)$ SEC refuses to update FTDs now. They stopped using INTC and are now using INTW as a vehicle to naked short and suppress the price. I'm sure the same thing is going on with INTL too. Wall Street apparently thinks we're stupid. Let the games continue. Keep shorting, you'll have to close. When it hits 200, you'll try to force it off your books just like you did 2 years ago by creating a new ETF and stuffing Intel naked shorts into it. Gamestop behavior. You can run, but you can't hide, Wall Street. $GameStop(GME)$