$SK hynix(SKHY)$  There's resistance at $169. Can it close past $170? That's the key level to watch.

$SK hynix(SKHY)$ SK is up 5.4% now. It's technically broken out of its trading corridor. That should hopefully attract more buying later on. Buy-side circuit breakers and sidecars are getting tripped in Korea. It's a beautiful thing.

$SK hynix(SKHY)$  $SanDisk Corp.(SNDK)$ SanDisk looks like it's trying to break out of its downtrend. It has cleared the upper wall of its trading corridor, but it still needs to hold that level for confirmation.

$Micron Technology(MU)$ $SK hynix(SKHY)$ If the market doesn't bring the valuation, buybacks will still get it there anyway. I was already bullish on memory based on the HBM and strengthening consumer thesis I've been talking about. After the conference, I'm leaning toward the view that this works fine as a long-term hold even beyond that.

$SK hynix(SKHY)$ How does SKHY navigate the cresting of margin increases? Short term, I think we see some volatility that works against the stock, but after that, the data center buildout over the next 3-5 years should bring a period of decent profits and give SKHY a boost. Will there be a memory glut? That depends on how corporate AI adoption plays out. I expect a large wave of adoption early on, then a slower stretch as companies wait for better products. The computer age was a massive boom from 1985-1991, then slowed down. The internet boom ran from 1995-2000, then crashed hard. The smartphone boom lasted from 2006-2026 — just look at AAPL's stock price over those years. The AI boom started in 2022 and we still have no clear sight of how b

$SK hynix(SKHY)$ Samsung Electronics and SK hynix are projected to hold a combined $263.4 billion in net cash by the end of this year, according to Reuters. The figure is estimated to be more than twice Nvidia's net cash of about 145 trillion won and even higher than the combined net cash holdings of all the "Magnificent Seven" companies, such as Apple, Google and Microsoft. That's a pretty wild stat.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Wondering if it's almost time to start buying this again. Still a bit wary after the market insanity that crushed SOXL over the last 3 months.

$iShares Semiconductor ETF(SOXX)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  Going long here. Average cost is 481.6 on SOXX, and I'm scaling into SOXL. The CAD ETF shows slightly different numbers for SOXL though. If 480 doesn't hold, I think a fast drop toward 440 could happen — especially if rates go up tomorrow and that move was already leaked.

$SpaceX(SPCX)$ We've now seen the third daily candle in a row with a wick. It feels like sellers are running out of steam. Maybe the real move comes soon.

$ServiceNow(NOW)$ It's pretty funny how when this thing is up around four dollars a share there's not a bear in sight, but the moment it drops a couple dollars and is only up two dollars a share, the bears start screaming it's going red, going to zero, and that ServiceNow will be filing for bankruptcy by 4 PM. Honestly, some of these guys are something else.

$SK hynix(SKHY)$ KOSPI pulled back and filled about 95% of Wednesday's gap before turning higher again. There might still be a chance for a green close.

$Direxion Daily MSCI South Korea Bull 3x Shares(KORU)$ Looking at the options flow for the next seven months, a few things stand out. The implied volatility above 200 is signaling extremely high volatility. The max pain levels for most months point to upward moves. The only exception is December, where the max pain sits below the current price, but with a put/call ratio of .38, that looks more like bullish hedging. For this week and next, the options are pricing in a potential 25% to 35% move higher. Next week's put/call ratio of .34 is particularly interesting, as it likely covers a lot of the Mag 7 and hyperscaler earnings reports this month. The main downside is the high option premiums due to the elevated IV, and the wide bid/ask spreads.

It seems like 99% of this company's value creation is still ahead. A lot of people seem to assume $SpaceX(SPCX)$  has a guaranteed path to profitability and a 10-year lead in space connectivity. My view is that 99% will realize they were wrong only after it's obvious. I think the market cap $AST SpaceMobile, Inc.(ASTS)$  reaches over the next few years will leave today's bears speechless. As usual, many retail investors might sell far too early, or even at a loss, while institutions and hedge funds capture the bulk of the upside. The idea is to not be part of that 99%.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ This is the first time I've seen an ETF perform better after going through a reverse split. I hope the trend continues, with the move up around 11%.

$hynix-WI(SKHYV)$ I'm not going to list out all the reasons why top memory and advanced storage stocks are likely to keep rising; even those with short positions probably see that coming. The main takeaway, from my perspective, is that the current setup looks favorable for adding to a position or dollar-cost averaging.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  The recent relative strength shift seems to have been the turning point. From my perspective, it looks like SOXS could continue to grind higher from here, while SOXL might keep trending lower.

$Direxion Daily MU Bull 2X Shares(MUU)$ MU did a stock split, and when MU runs a 2x it can overshadow it. I'm buying more of both. Micron is my top memory play, and SNDK is number two. I also like SK Hynix, but I'm just heavier in the other two.

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ For those who might not be aware, SK Hynix's IPO debut today doesn't automatically add it to major semiconductor ETFs. The stock doesn't get included right away. If there's any rotation out of the key semiconductor names into SKHY, which we can reasonably expect, that could give it a boost. It's something to keep in mind.

$SpaceX(SPCX)$ A friend mentioned she was grateful for getting into SpaceX at $145 recently. It's a positive move.

$SpaceX(SPCX)$ About 30-40% of the float is sold short, and earnings are just around the corner.