$Oracle(ORCL)$ Very nice washout at 137.50, then a strong reversal with 143 - 145 holding the rest of the day. Plenty of buyers who missed the dip are hoping for a second chance tomorrow. Strong odds of a continuation move with 148 - 150 in play, not sure we see 137 again this week.
$MicroSectors Gold Miners 3x Leveraged ETN(GDXU)$ $Invesco QQQ(QQQ)$ $Materials Select Sector SPDR Fund(XLB)$ One day up 0.73%, the next up 5.33%. Same rules, same portfolio, no intervention. This is what concentrated trend following actually feels like. The volatility cuts both ways. If you trim every winner because the ride feels uncomfortable, you also remove the possibility that one trend becomes large enough to carry the book. Right now $VanEck Gold Miners ETF(GDX)$ is doing exactly that. The Turtle didn't predict the rebound. It simply stayed with the trend. The har
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ US debt has now passed $40T. We are technically in a debt runaway at this point. There is no stopping the show at this level. All that's left is for the CB to raise rates a few % points and our gooses are cooked. By 2030, we will see 45-47T, and market/equities will continue to rise, against all odds. Staying invested and investing more where possible seems like the only reasonable path. Keeping the home you have is also part of that. For those trying to catch up or just starting out, it's a tough spot.
$Invesco QQQ(QQQ)$ USAEquityResearch is at 716.52, down 0.14%. The trend still looks bullish. RSI (14) is at 68.0, so momentum is strong but getting close to overbought territory. MACD remains bullish, above the signal line and rising, while volume is below average. Key levels to watch: resistance at 732.07, support at 661.73. The 20-MA is at 706.80 and the 50-MA is at 712.87. Educational content only. Not financial advice.
$SPDR S&P 500 ETF Trust(SPY)$ 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.
$Rum Group Inc(RUM)$ $Reddit(RDDT)$ $IREN Ltd(IREN)$ $Intel(INTC)$ Rumble acquired Northern Data along with its 22,000 GPUs. That's more GPU capacity than IREN, which carries an $18 billion valuation next to Rumble's $2 billion. They also locked in commitments from Tether — $100 million in advertising spend and $250 million for Rumble Cloud. Revenue went from $100 million to $400 million essentially overnight, and Wall Street analysts still aren't covering it.
$Invesco QQQ(QQQ)$ Markets are range-bound, but the overall setup still looks bullish for another push higher. The DOW can hold here and reverse, the IWM is trending higher, the QQQ already reversed, and the SPY is currently sitting on breakout or pullback support.
$Intel(INTC)$ Intel's CEO LBT and a family member just committed $12M of their own money to Intel's $20B stock offering at $95/share. That's some serious conviction.
$Rum Group Inc(RUM)$ $Reddit(RDDT)$ $Intel(INTC)$ Shorts are in a really tight spot here. The setup looks like it could squeeze for weeks. Daily volume is only 2 million against 28 million short shares. RUMBLE is trading at just a $3 billion market cap, and they just acquired $12-16 billion in book value of 22,000 NVDA GPUs and 300,000 CPUs. That's a 4-5x from today's closing price.