$Direxion Daily MU Bull 2X Shares(MUU)$ Call me crazy, but I went all in on a 2x leveraged position in $Micron Technology(MU)$ for this move. I had a strong feeling they would crush earnings, just based on memory prices moving up 2-3x. But hitting 41 billion, which was the high end of next quarter's guidance, in this quarter is something I did not even expect. Those AI models had a 0% probability they would hit 40+ billion this quarter, which is kind of funny.
$Applied Optoelectronics(AAOI)$ If (or when) it breaks below $150, I'm considering picking up a few more shares. If Wall Street is going to throw the baby out with the bathwater, I might just try to catch it.
$T1 ENERGY INC(TE)$ Bounced strongly from the $7.66 area, now up over 16% and trading near $11. $Applied Optoelectronics(AAOI)$ has also moved from the $162 zone to $177, roughly +9%. $IREN Ltd(IREN)$ saw a short-term rebound from $56.95 to $58.30 after a dip. Overall, recent setups have been showing solid follow-through.
$SpaceX(SPCX)$ I remember during the hype around pot stocks, GoPro, and Beyond Meat... a lot of people who normally don't invest became active. SpaceX feels similar. The good news is, holding for 20 years, most should make money with SpaceX.
$Applied Optoelectronics(AAOI)$ Nothing to be excited about with the drop. It's just a rotation. AOI will surely shine again. The catalyst is still strong.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Currently holding 52,500 shares at an average of $4.09. Appreciate the dip. What the market is overlooking right now, once it becomes clear, could push the price to $30 in less than a month. I'll elaborate then.