After closing out $MSOS positions on April 30th, I re-entered $MSOS and $MSOX commons yesterday and 1st tranche of Jan 4c at $0.43.
Got the retracement to mid-$2.50s as forecast 2 weeks ago. If yesterday's low holds, I see $4.80 in the cards.
I told you 2 months ago $MSOS was going to pop at least 50%. It's +60% from the lows and it's just getting started. Still stand by my target of $6-$7. I wouldn't initiate new longs here. If we get a pullback to mid-$2.50s you buy with both fists.
Crushed this week. Took some profits on shorts today and left runners for potential continuation on Monday.
I gave you the $SOXS short right at the top on Wednesday morning. All you had to do was hit the 'buy' button.
$MU
Honestly, we are in living in a time where people think this is normal
And FOMO'ing that they did not chase this.
This is as parabolic as you'll see and this is a $817 BILLION MARKET CAP company
Yes we are in a bubble, yes they will all collapse and yes this time IT IS NOT DIFFERENT.
#5 Justin Rose to make the cut
Rose isn't just a contender at Aronimink, he's one of the most accomplished golfers in the history of this course.
Here's what you need to know:
$AMD seems quite richly valued here. Short-term doesn’t matter, but long-term fundamentals will always factor in. I would be reducing exposure on this unjustified gap up.
If $GOOG, $MSFT $AMZN report lower capex guidance on AI, $SOXX gets crushed. If report higher capex guidance on AI and they get crushed, what does that say about semis?