$SPDR S&P 500 ETF Trust(SPY)$ Trading on emotions is what hurts a lot of newer traders. $Meta Platforms, Inc.(META)$ has traded 23m shares, while its daily average is 20m. This doesn't look like mass selling to me. It looks more like buyers holding off and sellers dumping into a void. That's not a time to sell, in my view, it's a time when shares are being bought.
$Intel(INTC)$ Bought 100c 9/18 contracts here. There are positioning crumbs showing, so I'm going with that. Risk assessment is key right now. Discipline over emotions. NFA.
$Rum Group Inc(RUM)$ $Reddit(RDDT)$ $Intel(INTC)$ Record short interest of 28 million shares might not be comfortable if Rumble's acquisition of Northern Data—with its 9 data centers, 22k $NVIDIA(NVDA)$ GPUs, and 300k CPUs—leads to a major cloud contract with either the US government or a large AI company for that newly acquired compute.
$Intel(INTC)$ Coming up on key short-term resistance here. There's a clear level around ~$106, then the 50 DMA at $109.40. Ultimately it'll need to clear $110+ this week before it can start clawing back toward its ATHs again.
$Rum Group Inc(RUM)$ States blocking new data centers is a pretty big deal for RUMBLE, considering they just picked up 9 existing data centers with 22k $NVIDIA(NVDA)$ GPUs and 300,000 CPUs. They also have 250 megawatts of power that hasn't been monetized yet. On the earnings call, that was pegged at $3 billion in annual revenue. If demand for compute keeps climbing and fewer data centers get built, that gives RUMBLE real pricing power. That $3 billion could easily turn into $4-5 billion.