To The Moon

There's 2 levels to watch for $S&P 500(.SPX)$ the next 3 days. 1. Above 7500 = Bullish 2. Under 7400 = Bearish 3. Between 7400-7500= More chop. If you find yourself taking 50 trades a week with SPX stuck between 7400-7500, You need to size down and stop trading. Wait for the momentum first. There's a chance they raise rates tomorrow. If that happens, SPX to 7000 can come fast. We need to see Memory stocks and Chip stocks catch a bid and bottom out before going long again. Be patient and stay on your toes tomorrow. It's going to be a volatile one. Good luck everyone!! 🫡

The biggest difference between this week and last: negative sentiment toward memory chips is finally spreading widely. Last week was "buy the dip with full confidence"; but after CXMT's listing Monday, plus news of mass-produced Chinese DUV, fears of surging supply crushed an already fragile uptrend. For some names, a monthly pullback has turned into a quarterly one, and panic is fully setting in. Yet Tuesday's semiconductor crash didn't drag the broad market down—which, to me, isn't a good sign. Last week someone traded 70,000 contracts of the Aug 19 29 call$VIX 20260819 29.0 CALL$  . If the market won't correct even now, what is this VIX call betting on? Surely not a rate hike at Wednesday's FOMC?

I. Fundamentals: Long-Term Visibility Improves, Valuation Attractive SK Hynix is signing more amended long-term agreements with hyperscale data center customers, covering both DDR5 and NAND. Contract terms exceed five years, with approximately 60–70% of expected volume/pricing already locked in, significantly boosting future earnings visibility — this serves as micro-level confirmation of the large-capex-backed memory storage thesis. This earnings report is expected to deliver unprecedented operating profit exceeding 100 trillion won. Yet, with such strong expectations, the stock has still plunged dramatically, indicating that near-term market sentiment has completely broken down. II. Volatility Estimates and Scenarios Monday's pre-market reference price was 154.57, with implied movement o

TRADE PLAN for Tuesday 📈 $S&P 500(.SPX)$ 100 pt intraday move from the highs to lows today. SPX managed to defend 7400 but we're already seeing lots of volatility before FOMC on Wednesday. If SPX can hold 7400 after FOMC we can see 7500 again. If 7400 fails, puts can work. $ARM Holdings(ARM)$ earnings coming up on Wednesday, if there's a positive reaction.. ARM to 300 in play. ARM July 31 300C can work above 2700 $Micron Technology(MU)$ keep an eye on 821 this week if it fails, MU to 650 possible on a panic sell. $SanDisk Corp.(SNDK)$ to 1100 as well if we

The world's most famous bear is calling for another selloff $Palantir Technologies Inc.(PLTR)$ is down nearly 40% from ATHs and Michael Burry still hasn't fully closed his short position, but the stock hasn't made a new low in 8 months After an almost 50% pullback from ATHs at 208 to 106, $Palantir Technologies Inc.(PLTR)$ is right back near its key 140 level after defending the buy zone at 117. If $Palantir Technologies Inc.(PLTR)$ manages to break past 140, it can retest 166 and 200 after that, which means Burry will get squeezed out on the way up. If upcoming earnings go poorly, Burry gets paid if

$SPDR S&P 500 ETF Trust(SPY)$ A week of major pullback. SPY target remains the same as last week — looking at 710–720. Speaking of which, here's something interesting: software ETF saw a massive bullish (expiration-day) call order last Friday. This week's 88 call $IGV 20260731 88.0 CALL$ opened 100,000 contracts — that's $20 million spent on weekly options. And it actually rose on Monday. So can we chase IGV? Naturally, no. Currently, semiconductors and software are seesawing — the reason is that sentiment has temporarily shifted toward the software sector, which has richer cash flows. Notably, IGV's top holding is Microsoft. There is broad consensus that this week's earnings wil

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on July 27, 2026. https://www.youtube.com/embed/BJtmFg4jZY0$GOTU$ 

📊 Noteworthy Points Market Main Theme: Capex Concerns Have Not Yet Been Fully Priced In The AI narrative is still present, but the market has begun to question the monetization ability of massive capex, putting pressure on valuations. The widespread decline following last week's earnings reports from several tech giants suggests that the valuation-killing logic of "full expectations + capex concerns" has not yet run its course. Earnings from similar tech stocks this week (META, MSFT, AAPL, AMZN) are likely to remain under pressure, with the prevailing direction still leaning toward Sell Call. Watch Whether Post-Earnings Pullback Stocks Break Below Forecast Ranges Tesla, Google, and INTC have already dropped significantly after earnings (TSLA 380→313, GOOGL 352→320, INTC 105→92). If they fa

$DECU$ $QQQY$ $XDTE$  By Lawrence G. McMillan The market has been frustrating to many over the past two months since new all-time highs were made in early June. Bulls expected another attempt at new highs by now, while bears expected a larger correction (given the uncertainties of Iran, interest rates, etc.). But the fact is, $SPX has remained in a trading range over that time. There is currently resistance at 7580 (July's highs) and then at the all-time highs in the 7600-7620 area. Support was broken slightly yesterday, as $SPX probed downward, but there is support at 7300 or slightly above that level, with further support at the July lows near 72

Hello everyone! Today i want to share some trading strategies with you! 1 $S&P 500(.SPX)$ TRADE PLAN 📈 📉 SPX bullish plan: SPX above 7500 | SPX July 30 7550C 📈 T: 7546, 7576 SL 7468 SPX bearish plan: SPX under 7400 | SPX July 30 7300P 📉 T: 7333, 7300 SL 7438 SPX dropped from 7525 to 7396 this past week. If SPX fails to defend 7400 after FOMC we can see a dip back to 7233 again. Puts can work under 7400 this week. If SPX pops up to 7468 and fails to hold, puts can also work. I'd wait for more positive news flow on the macro side before considering calls again. 2 $Meta Platforms, Inc.(META)$ Trade Idea: July 31 550P Trigger: 600 ✅ Targets: 544, 530 🎯 Stop: No SL 🛑 META re

$SK hynix(SKHY)$ In the current range-bound market, U.S.-listed SK Hynix has a key weapon that the Hong Kong-listed 7709 $CSOP SK Hynix Daily (2x) Leveraged Product(07709)$ lacks: options! The Hong Kong ticker can only trade the underlying stock for price differences, while U.S.-listed SKHY allows you to Sell Puts during high volatility, turning range-bound movement directly into cash flow. Indeed, we've seen many large Sell Put orders over the past two days. Why is now particularly suitable for Selling Puts? SK Hynix reports earnings on 7/29, and pre-earnings IV has been pushed very high, making premiums especially rich. In addition, while the memory sector may not rally much in the short term, its long

Hello everyone! Today i want to share some trading strategies with you! 1 Looks like we're in sell-off season no matter how good the earnings results. Gonna write the gap on $Intel(INTC)$ - put strike in the 68-70 range, laddering expiration dates from July 27 to July 31. 2 Bill had this optionselling idea and we liked it. Followed him on the trade. - STO $Intel(INTC)$ 65/60 put credit spread, Aug 21 expiry The 65 strike sits at the 200MA and at the gap. 3 Looks like we're in sell-off season no matter how good the earnings results. Gonna write the gap on $Intel(INTC)$ - put strike in the 68-70 range, laddering expir

$S&P 500(.SPX)$ closed -90 on the day. If SPX gives up 7400 and closes under tomorrow we can see another dip towards 7330-7340 leading into FOMC on Wednesday. I would treat the upside as a quicker day trade until we see 7500 again. $Invesco QQQ(QQQ)$ almost dropped back to the June lows near 686 again but held and closed near 692. As long as 686 holds the uptrend is still intact this summer. QQQ under 686 can drop another 20-25 pts. $Micron Technology(MU)$ will test 1250 again this year. We need to see if MU can continue to form a base above 900 into August. MU July 24 1020C is best as a lotto above 1000 Good luck

I haven't written an article in a long time, and choosing to pick up the pen today feels rather meaningful—Big Tech's valuations got collectively marked down on this day, because the nature of their business has changed, from asset-light to asset-heavy. Some may remember the HALO (heavy assets, low obsolescence) concept that Goldman Sachs championed in the first half of the year. As it turns out, HALO just means "hard to die"—it doesn't mean "won't fall." When Big Tech collectively goes HALO, the broad market falls, and when the market falls, all stocks get dragged down with it. But on Thursday, semiconductor stocks—especially memory chips—held up remarkably well, because memory is the party being paid: it absorbs the cash flow coming from the HALO names. So when other stocks get marked do

I. Fundamentals: Two Engines Determine Valuation The core focus of this earnings report is whether the two main threads — Server CPU and Foundry — can deliver a turning point. 1. Server CPU: The Core Engine for Earnings Growth Although declining PC sales pose a headwind, Intel is offsetting this with stronger CPU pricing power and AI demand. More critically, Agentic AI is expected to significantly boost server CPU demand, with the GPU/CPU ratio projected to drop from 2× to 1.1–1.4×. Leveraging the strong stickiness of x86 in the enterprise sector, Intel is well-positioned to become a key beneficiary of enterprise-grade Agentic AI. Server CPU revenue is projected to grow at a 28% compound annual growth rate (CAGR) through 2030. 2. Foundry Business: A Turning Point Has Emerged Front-end manu

TRADE PLAN for Thursday 📈 $S&P 500(.SPX)$ tried to breakout above 7500 again today but failed. SPX Needs a daily candle close above 7500 to set up for 7600+ after FOMC next week. SPX July 23 7520C is best above 7500 $SanDisk Corp.(SNDK)$ winding up for a move back to 1800. For tomorrow wait for SNDK to back test 1600 then look at calls for a push back up to 1670-1700 SNDK July 24 1800C is best above 1600 $NVIDIA(NVDA)$ reclaimed the key support level at 212 today. NVDA to 220 in play as long as 212 holds over the next 2 days. NVDA July 31st 220C can work above 215 Good luck tmrw everyone!! 🫡

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on July 21, 2026. https://www.youtube.com/embed/5Ia26thpowI$GOTU$ 

$Charles Schwab(SCHW)$’s second-quarter report contained record revenue, record earnings and strong asset gathering. Nevertheless, the shares fell approximately 2.5% on July 21. The reaction suggests investors were expecting more than a backward-looking earnings beat. Schwab generated record quarterly revenue of $7.1 billion, up 21% year over year. GAAP earnings reached $1.54 per share, while adjusted earnings were $1.62, this is 42% above the second quarter of 2025. June core net new assets increased 47% to $62.7 billion. Schwab’s July 21 earnings release provides the figures. These results reflect the strength of $Charles Schwab(SCHW)$’s business model. It earns asset-management and administration fees,

$Capital One(COF)$’s second-quarter results offered an early indication of what the combined Capital One–Discover business may earn once acquisition-related distortions and integration expenses begin to settle. The company reported second-quarter net income of $3.0 billion, or $4.73 per diluted share. Excluding specified adjusting items, earnings were $5.81 per share. This compared with $2.2 billion, or $3.34 per share, in the first quarter. Capital One released the figures after trading closed on July 21. Capital One’s official earnings release and SEC-filed version provide the results. Purchase volume increased 26% year over year to approximately $249 billion, while average loans rose 29% to about $255 billion. These comparisons include the enlar

I. Fundamentals: Strong Deliveries Come at the Cost of Profit and Cash Flow Tesla's overall Q2 deliveries beat expectations, and the full-year delivery guidance was raised. However, gross margins and EPS are expected to come under pressure and trend lower, while capex has breached $25 billion and free cash flow has turned negative. The market's real focus is no longer on car sales, but rather on the execution of Robotaxi rollouts and the production ramp of Optimus. Whether Tesla can build a moat in physical AI is the true make-or-break factor for this valuation. Key Data: Deliveries (raised): 2026 raised from 1.57M → 1.67M units; 2027 from 1.82M → 1.86M units. Capex: 2026 expected at $26.8B, with FCF loss of approximately $11.4B, in line with company guidance. Robotaxi: Launched in Miami o

I. Fundamentals: Long-Term Visibility Improves, Valuation Attractive SK Hynix is signing more amended long-term agreements with hyperscale data center customers, covering both DDR5 and NAND. Contract terms exceed five years, with approximately 60–70% of expected volume/pricing already locked in, significantly boosting future earnings visibility — this serves as micro-level confirmation of the large-capex-backed memory storage thesis. This earnings report is expected to deliver unprecedented operating profit exceeding 100 trillion won. Yet, with such strong expectations, the stock has still plunged dramatically, indicating that near-term market sentiment has completely broken down. II. Volatility Estimates and Scenarios Monday's pre-market reference price was 154.57, with implied movement o

The biggest difference between this week and last: negative sentiment toward memory chips is finally spreading widely. Last week was "buy the dip with full confidence"; but after CXMT's listing Monday, plus news of mass-produced Chinese DUV, fears of surging supply crushed an already fragile uptrend. For some names, a monthly pullback has turned into a quarterly one, and panic is fully setting in. Yet Tuesday's semiconductor crash didn't drag the broad market down—which, to me, isn't a good sign. Last week someone traded 70,000 contracts of the Aug 19 29 call$VIX 20260819 29.0 CALL$  . If the market won't correct even now, what is this VIX call betting on? Surely not a rate hike at Wednesday's FOMC?

There's 2 levels to watch for $S&P 500(.SPX)$ the next 3 days. 1. Above 7500 = Bullish 2. Under 7400 = Bearish 3. Between 7400-7500= More chop. If you find yourself taking 50 trades a week with SPX stuck between 7400-7500, You need to size down and stop trading. Wait for the momentum first. There's a chance they raise rates tomorrow. If that happens, SPX to 7000 can come fast. We need to see Memory stocks and Chip stocks catch a bid and bottom out before going long again. Be patient and stay on your toes tomorrow. It's going to be a volatile one. Good luck everyone!! 🫡

The world's most famous bear is calling for another selloff $Palantir Technologies Inc.(PLTR)$ is down nearly 40% from ATHs and Michael Burry still hasn't fully closed his short position, but the stock hasn't made a new low in 8 months After an almost 50% pullback from ATHs at 208 to 106, $Palantir Technologies Inc.(PLTR)$ is right back near its key 140 level after defending the buy zone at 117. If $Palantir Technologies Inc.(PLTR)$ manages to break past 140, it can retest 166 and 200 after that, which means Burry will get squeezed out on the way up. If upcoming earnings go poorly, Burry gets paid if

$SPDR S&P 500 ETF Trust(SPY)$ A week of major pullback. SPY target remains the same as last week — looking at 710–720. Speaking of which, here's something interesting: software ETF saw a massive bullish (expiration-day) call order last Friday. This week's 88 call $IGV 20260731 88.0 CALL$ opened 100,000 contracts — that's $20 million spent on weekly options. And it actually rose on Monday. So can we chase IGV? Naturally, no. Currently, semiconductors and software are seesawing — the reason is that sentiment has temporarily shifted toward the software sector, which has richer cash flows. Notably, IGV's top holding is Microsoft. There is broad consensus that this week's earnings wil

TRADE PLAN for Tuesday 📈 $S&P 500(.SPX)$ 100 pt intraday move from the highs to lows today. SPX managed to defend 7400 but we're already seeing lots of volatility before FOMC on Wednesday. If SPX can hold 7400 after FOMC we can see 7500 again. If 7400 fails, puts can work. $ARM Holdings(ARM)$ earnings coming up on Wednesday, if there's a positive reaction.. ARM to 300 in play. ARM July 31 300C can work above 2700 $Micron Technology(MU)$ keep an eye on 821 this week if it fails, MU to 650 possible on a panic sell. $SanDisk Corp.(SNDK)$ to 1100 as well if we

📊 Noteworthy Points Market Main Theme: Capex Concerns Have Not Yet Been Fully Priced In The AI narrative is still present, but the market has begun to question the monetization ability of massive capex, putting pressure on valuations. The widespread decline following last week's earnings reports from several tech giants suggests that the valuation-killing logic of "full expectations + capex concerns" has not yet run its course. Earnings from similar tech stocks this week (META, MSFT, AAPL, AMZN) are likely to remain under pressure, with the prevailing direction still leaning toward Sell Call. Watch Whether Post-Earnings Pullback Stocks Break Below Forecast Ranges Tesla, Google, and INTC have already dropped significantly after earnings (TSLA 380→313, GOOGL 352→320, INTC 105→92). If they fa

$DECU$ $QQQY$ $XDTE$  By Lawrence G. McMillan The market has been frustrating to many over the past two months since new all-time highs were made in early June. Bulls expected another attempt at new highs by now, while bears expected a larger correction (given the uncertainties of Iran, interest rates, etc.). But the fact is, $SPX has remained in a trading range over that time. There is currently resistance at 7580 (July's highs) and then at the all-time highs in the 7600-7620 area. Support was broken slightly yesterday, as $SPX probed downward, but there is support at 7300 or slightly above that level, with further support at the July lows near 72

$SK hynix(SKHY)$ In the current range-bound market, U.S.-listed SK Hynix has a key weapon that the Hong Kong-listed 7709 $CSOP SK Hynix Daily (2x) Leveraged Product(07709)$ lacks: options! The Hong Kong ticker can only trade the underlying stock for price differences, while U.S.-listed SKHY allows you to Sell Puts during high volatility, turning range-bound movement directly into cash flow. Indeed, we've seen many large Sell Put orders over the past two days. Why is now particularly suitable for Selling Puts? SK Hynix reports earnings on 7/29, and pre-earnings IV has been pushed very high, making premiums especially rich. In addition, while the memory sector may not rally much in the short term, its long

Hello everyone! Today i want to share some trading strategies with you! 1 $S&P 500(.SPX)$ TRADE PLAN 📈 📉 SPX bullish plan: SPX above 7500 | SPX July 30 7550C 📈 T: 7546, 7576 SL 7468 SPX bearish plan: SPX under 7400 | SPX July 30 7300P 📉 T: 7333, 7300 SL 7438 SPX dropped from 7525 to 7396 this past week. If SPX fails to defend 7400 after FOMC we can see a dip back to 7233 again. Puts can work under 7400 this week. If SPX pops up to 7468 and fails to hold, puts can also work. I'd wait for more positive news flow on the macro side before considering calls again. 2 $Meta Platforms, Inc.(META)$ Trade Idea: July 31 550P Trigger: 600 ✅ Targets: 544, 530 🎯 Stop: No SL 🛑 META re

I haven't written an article in a long time, and choosing to pick up the pen today feels rather meaningful—Big Tech's valuations got collectively marked down on this day, because the nature of their business has changed, from asset-light to asset-heavy. Some may remember the HALO (heavy assets, low obsolescence) concept that Goldman Sachs championed in the first half of the year. As it turns out, HALO just means "hard to die"—it doesn't mean "won't fall." When Big Tech collectively goes HALO, the broad market falls, and when the market falls, all stocks get dragged down with it. But on Thursday, semiconductor stocks—especially memory chips—held up remarkably well, because memory is the party being paid: it absorbs the cash flow coming from the HALO names. So when other stocks get marked do

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on July 27, 2026. https://www.youtube.com/embed/BJtmFg4jZY0$GOTU$ 

I. Fundamentals: Two Engines Determine Valuation The core focus of this earnings report is whether the two main threads — Server CPU and Foundry — can deliver a turning point. 1. Server CPU: The Core Engine for Earnings Growth Although declining PC sales pose a headwind, Intel is offsetting this with stronger CPU pricing power and AI demand. More critically, Agentic AI is expected to significantly boost server CPU demand, with the GPU/CPU ratio projected to drop from 2× to 1.1–1.4×. Leveraging the strong stickiness of x86 in the enterprise sector, Intel is well-positioned to become a key beneficiary of enterprise-grade Agentic AI. Server CPU revenue is projected to grow at a 28% compound annual growth rate (CAGR) through 2030. 2. Foundry Business: A Turning Point Has Emerged Front-end manu

$Capital One(COF)$’s second-quarter results offered an early indication of what the combined Capital One–Discover business may earn once acquisition-related distortions and integration expenses begin to settle. The company reported second-quarter net income of $3.0 billion, or $4.73 per diluted share. Excluding specified adjusting items, earnings were $5.81 per share. This compared with $2.2 billion, or $3.34 per share, in the first quarter. Capital One released the figures after trading closed on July 21. Capital One’s official earnings release and SEC-filed version provide the results. Purchase volume increased 26% year over year to approximately $249 billion, while average loans rose 29% to about $255 billion. These comparisons include the enlar

$Charles Schwab(SCHW)$’s second-quarter report contained record revenue, record earnings and strong asset gathering. Nevertheless, the shares fell approximately 2.5% on July 21. The reaction suggests investors were expecting more than a backward-looking earnings beat. Schwab generated record quarterly revenue of $7.1 billion, up 21% year over year. GAAP earnings reached $1.54 per share, while adjusted earnings were $1.62, this is 42% above the second quarter of 2025. June core net new assets increased 47% to $62.7 billion. Schwab’s July 21 earnings release provides the figures. These results reflect the strength of $Charles Schwab(SCHW)$’s business model. It earns asset-management and administration fees,

I. Fundamentals: Strong Deliveries Come at the Cost of Profit and Cash Flow Tesla's overall Q2 deliveries beat expectations, and the full-year delivery guidance was raised. However, gross margins and EPS are expected to come under pressure and trend lower, while capex has breached $25 billion and free cash flow has turned negative. The market's real focus is no longer on car sales, but rather on the execution of Robotaxi rollouts and the production ramp of Optimus. Whether Tesla can build a moat in physical AI is the true make-or-break factor for this valuation. Key Data: Deliveries (raised): 2026 raised from 1.57M → 1.67M units; 2027 from 1.82M → 1.86M units. Capex: 2026 expected at $26.8B, with FCF loss of approximately $11.4B, in line with company guidance. Robotaxi: Launched in Miami o

Hello everyone! Today i want to share some trading strategies with you! 1 Looks like we're in sell-off season no matter how good the earnings results. Gonna write the gap on $Intel(INTC)$ - put strike in the 68-70 range, laddering expiration dates from July 27 to July 31. 2 Bill had this optionselling idea and we liked it. Followed him on the trade. - STO $Intel(INTC)$ 65/60 put credit spread, Aug 21 expiry The 65 strike sits at the 200MA and at the gap. 3 Looks like we're in sell-off season no matter how good the earnings results. Gonna write the gap on $Intel(INTC)$ - put strike in the 68-70 range, laddering expir

$S&P 500(.SPX)$ closed -90 on the day. If SPX gives up 7400 and closes under tomorrow we can see another dip towards 7330-7340 leading into FOMC on Wednesday. I would treat the upside as a quicker day trade until we see 7500 again. $Invesco QQQ(QQQ)$ almost dropped back to the June lows near 686 again but held and closed near 692. As long as 686 holds the uptrend is still intact this summer. QQQ under 686 can drop another 20-25 pts. $Micron Technology(MU)$ will test 1250 again this year. We need to see if MU can continue to form a base above 900 into August. MU July 24 1020C is best as a lotto above 1000 Good luck

TRADE PLAN for Thursday 📈 $S&P 500(.SPX)$ tried to breakout above 7500 again today but failed. SPX Needs a daily candle close above 7500 to set up for 7600+ after FOMC next week. SPX July 23 7520C is best above 7500 $SanDisk Corp.(SNDK)$ winding up for a move back to 1800. For tomorrow wait for SNDK to back test 1600 then look at calls for a push back up to 1670-1700 SNDK July 24 1800C is best above 1600 $NVIDIA(NVDA)$ reclaimed the key support level at 212 today. NVDA to 220 in play as long as 212 holds over the next 2 days. NVDA July 31st 220C can work above 215 Good luck tmrw everyone!! 🫡

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on July 21, 2026. https://www.youtube.com/embed/5Ia26thpowI$GOTU$