$Oracle(ORCL)$ Why do you think Larry Ellison canceled his $7.5B stock sale? That would have been less than 5% of his holdings. Then you have the $665B in backlog and the near triple digit AI cloud growth shown in the past few ERs. They have more than enough cash in the bank for the next 1-2 years of temporary cash burn before raking in the moolah. The stock is hovering around the 50 DMA, forming a strong base. I don't care if it is $135 or $150 now. Looking for $300s by end of 2027, $500s by end of 2028 and possibly $1000 by 2030. I can wait. And AI is here to stay whether you like it or not.
Oracle is showing signs of life. One day doesn't change a trend, but the relative strength and the bullish engulfing session in progress is notable. Follow-through and a push over the 146 area to end the week would be constructive. $Oracle(ORCL)$
$Oracle(ORCL)$ All the bears have crawled out from wherever they were hiding and are keeping me busy with the block button. Give it a few days, they'll be right back once this takes off.
Not $Oracle(ORCL)$ specific. This looks like another coordinated run on retail in the AI datacenter space. Big money is rigging the market again to force a retail shakeout, just so they can turn around and have us sell them our shares at bargain prices. I can't stand the manipulation. For now, the shorts are on the side of the criminals.
$Oracle(ORCL)$ Friday showed a strong bullish options flow divergence, with net call premiums above $13M while net put premiums dropped below -$3.9M. Price closed the week right at the tip of a triangle pattern, putting the stock at a key technical inflection point. Watching for a potential breakout this week. If bulls gain momentum, the 50-day moving average at $145.22 will be the first major resistance to watch.
$Tesla Motors(TSLA)$ Cybercab is heading to Paris. Tesla plans to showcase its Cybercab Robotaxi at the Paris Motor Show on October 12, giving European audiences their first look at the purpose-built autonomous vehicle. The timing stands out because Tesla has increasingly tied its future to artificial intelligence, robotaxis, and robotics rather than traditional car sales. Definitely a moment worth watching for Tesla.
$Oracle(ORCL)$ Friday showed some strong bullish net flow divergence, with over $13M in net call premium and -$3.9M in net put premium. The week closed right at the apex of a triangle. If price breaks out in the coming week, the 50 DMA at 145.22 should act as immediate resistance.