$SanDisk Corp.(SNDK)$ SNDK is a good example of market manipulation driven by meritless AI claims. The company is doing well, but its current and future financial performance keeps getting ignored.
On $SanDisk Corp.(SNDK)$ , shorts likely need to cover to lock in gains driven by fear-driven news that got treated as fact. There's been too much misleading negativity around semiconductor names, which let shares get taken from weaker holders. The current price looks like an early gift. Back above $1,700 by the earnings report on 10/29, with record earnings and more buyback details still to come.
$Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF(GUSH)$ $SPDR S&P 500 ETF Trust(SPY)$ I don't get the bearish sentiment here. Nothing has actually been done to bring fuel prices down, just minor tax cuts and a small deal with Russia that only covers about 1.5 days of supply. This war isn't going to end anytime soon, and things aren't going back to how they were. It could end up making Vietnam look like a very short campaign.
$SanDisk Corp.(SNDK)$ The drop feels unfounded. SNDK is making money at an alarming rate and it looks like that pace can continue for at least 2 years. US companies building out AI need non-Chinese memory in GPUs, so the business isn't going anywhere. Hoping this pre-market red is just a head fake, because the earnings suggest the stock should be much, much higher.
I bought $SanDisk Corp.(SNDK)$ two weeks ago, it dropped 11%, and I nearly panic sold. Then I read that this stock went from $36 to $1,590 in a year. I'm never selling anything again. This is what my financial advisor meant by "volatility is opportunity," right?
$Atomera Inc(ATOM)$ If Atomera's MST technology gets adopted in 33% of the roughly $1.5 trillion global semiconductor market, that implies around $495 billion in MST-enabled product sales. At a realistic royalty rate of about 2% on wafer/device ASP, annual high-margin royalty revenue could reach roughly $9.9 billion. With Atomera's capital-light licensing model and a current operating expense base of about $20 million, this would translate into multi-billion-dollar annual earnings and massive free-cash-flow generation.
$SPDR S&P 500 ETF Trust(SPY)$ The market keeps grinding higher at a slow and steady pace. No point fighting that trend. A low VIX trending market over the next 2 years would be ideal, and a small fortune could be made along the way. An orderly trending market with a low VIX environment is the kind of setup where returns can really add up.
$SanDisk Corp.(SNDK)$ Getting very close to the 1551-1561 area, which includes the Fib .382 retracement and the measured move price projection. Might need to hold there to keep the current pullback corrective.