$Microsoft(MSFT)$ Looks like the panic sellers who bought at higher levels need to finish cutting their losses or breaking even first. Once that pressure clears out, there might be a better chance to start moving back up.
$Apple(AAPL)$ One firm put out a $380 target based on iPhone 18 price increases, another is at $260, and the stock drops $5.00 on that? Apple is going to source memory chips from China, and Jefferies has a sizable short position it needs to work out of. Charlatans. Phones are selling quite well at the moment, and in China too.
$Apple(AAPL)$ It spiked at the close and then moved another $2 after hours, just like I thought. Looks like a lot of people are grabbing shares for the dividend with only a couple of days left.
$Klarna Group plc(KLAR)$ If Klarna can tap into the AAPL client base and push some straightforward marketing going forward, a range of $50-$60 per share this year looks possible.
$Microsoft(MSFT)$ A few weeks ago when MSFT was in the mid 300s, if you had doubts, Bill Ackman going in hard on MSFT and Michael Burry, who is notoriously bearish on tech, buying long call options was a pretty clear signal. Similar to when the US government took a big stake in $Intel(INTC)$ when it was in the low 20s. If you have the patience for a one-year swing trade, $Stellantis NV(STLA)$ looks like a solid opportunity for a 100% return by Q2 next year, assuming they turn cash flow positive around then. It feels like a cyclical bottom turnaround play, about as straightforward as they come. High risk, but the do
$Microsoft(MSFT)$ There's an old Buffett line that always comes to mind here — short positions can never really hurt a good company, they only help drive the stock higher over time. I'm actually fine with people continuing to short this name. My own estimate puts it around $1,200 in the next five years, which would be roughly a $10 trillion market cap. Shorts staying aggressive doesn't really worry me.
Valuations have compressed quite a bit. Here's a look at forward P/E based on 2027 estimates for a few software names. $Salesforce.com(CRM)$ at 11.9x, $Oracle(ORCL)$ at 12.2x, $Microsoft(MSFT)$ at 18.7x, $ServiceNow(NOW)$ at 22.0x, and $Palantir Technologies Inc.(PLTR)$ at 58.6x. The really interesting part is that memory still looks like the cheapest segment in AI, even with some of the strongest earnings leverage in the space. Curious which sector people think offers the best risk/reward from here.
$Castellum, Inc.(CTM)$ There's been a push into the close, with large buy orders and volume picking up — the kind of move we've seen before when things get active. The intensity is ramping up, orders need to be fulfilled, and the setup could resemble what played out with DFNS. Also keeping an eye on SPCX, EGG, and TSLA.