$SpaceX(SPCX)$ It is consolidating as it rallies, not as it falls. That is how you know whether to buy or sell. This one is a buy. Trade the charts, play the setups, skate to where the puck is going. Math works.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Rocky's initial target is triple digits, and he thinks it could potentially get there by month end. I also passed along his latest pick to some of you. It's already up 16%, and he sees this as just the beginning.
$SpaceX(SPCX)$ They just completed their 700th Falcon 9 launch. Starship is set to begin actual operational flights later this week. Betting against it doesn't seem like a great idea at this point.
$Bloom Energy Corp(BE)$ If you missed the buy-in below 220, there may still be a chance. The S&P 500 trade wasn't the real signal. There's legislation around data centers having to provide their own energy source, and it will most likely get approved. Once that happens, this stock could run to 400-500 within that year.
Bank of America upgraded SK Hynix to Buy with a $250 price target, pointing to accelerating AI-driven memory demand and the company's strong HBM positioning. The upgrade lands as the stock trades near its 52-week high of $194.80. The bullish case also leans on SK Hynix's shareholder-return plan, which includes roughly 40 trillion won in buybacks and cancellations approved back in August. Management also raised its target to return more than 50% of cumulative free cash flow from 2025-2027. On top of that, Kioxia passing on deeper manufacturing cooperation removes a potential antitrust overhang, while the sharp rise in NAND prices suggests memory supply is getting tighter. The stock's push higher came even as the broader market struggled, with the S&P 500, Nasdaq and Dow all lower on geo
$Bloom Energy Corp(BE)$ The swing account and the long-term position added in the 160s have been working out. Day trade setups were clean too, with targets getting hit. 300 could come soon. Similar move on $Reddit(RDDT)$ with the S&P addition, similar setup. Do you see anything different in this chart or candles?
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ It's pretty clear what's happening to the market, but I have to say thanks to the current bunch in charge because I'm making money every week from it. Back into this at $42.78, probably holding for the rest of the week.
The 520-40 bounce played out, so from here I'm guessing we head down toward 350-400. It might need to touch 530-40 first in normal hours though. Kind of annoying because I was supposed to time that snap back after the move under 500, but it only lasted a few minutes during normal hours. Hard to do while travelling, so I won't get max percentage gains, but I'm pretty sure it heads downhill soon. Still have a uranium play that offset 75% of the Friday drop from SOXS. Might sell it and put everything into $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ to ride it down from the 530 level. Highly doubt it goes above 540 before visiting 350-400 before midterms. Oil is rampant.
$SK hynix(SKHY)$ Not financial advice. Once South Korea breaks above 2,000,000, it will be too late for the shorts in the US. A recovery at 210? I'll sleep on that golden thought. Enjoy the run. See you at 210+.
$Bloom Energy Corp(BE)$ Bloom Energy got added to the S&P 500, with the change taking effect before the market opens on Sept. 21. UBS analyst Manav Gupta also raised his price target to $325 from $300, keeping a Buy rating.