$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ We're still waiting here. The third resistance target sits at $535.64, still up in the air. The second resistance at $522.81 has been hit, and there's a chance of a reversal from this level. The first resistance point at $513.67 was also hit.
$SK hynix(SKHY)$ This is why you never try to time markets. Just buy great companies and hold for decades. That's how you beat them, history proves it. Been investing 35 years.
$ServiceNow(NOW)$ Funny how all the self-proclaimed geniuses who sold right at 109, thinking they'd just hop back in, are now stuck on the sidelines watching.
$Corning(GLW)$ This stock looks ridiculously oversold right now, apart from the memory cartel names. I think there's a decent shot at doubling within 6 months.
$SpaceX(SPCX)$ Looking at the holders list, I doubt any of them will sell right after Aug 6th. They don't seem desperate and they clearly know what they're holding. Brokers barely sold 1 to 20 shares to retail pre-IPO — what kind of impact would that even have? The short thesis feels pretty thin here.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ This has been a profitable SOXS trade. Nearly $70K in losses wiped out. Honestly never thought I would see it. Was not possible by just holding. Sell pops, flip to SOXL, rinse and repeat.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Seeing legit weakness across the board right now. With South Korea down 6%, this instrument must be catching a serious bid, regardless of what's happening with the fully saturated and manipulated INTC.
SK Hynix ADR ($SK hynix(SKHY)$ ) is up 13.41% to $171.43, moving through some resistance. The setup looks like accumulation, with the stock in what some might consider a value area. There's been significant institutional buying, which could provide a base for further upward movement.
$IBM(IBM)$ The "Tale of Two Cities" scenario for IBM seems to be playing out. The current view is that we're seeing a temporary delay in Q2 business, not lost business. At the same time, the stock continues to look oversold, as if it's already pricing in the downside. If IBM holds its FY projection, free cash flow, and positive narrative, there could be significant upside after the earnings release on 7/22/26.