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$MU flow into earnings is favoring bearish heavy, with a 61% net put flows.
• Q4 FY2026 Consensus: Analysts expect Micron to report fiscal fourth quarter revenue between $50.75 billion and $50.95 billion with adjusted EPS of $31.45 to $31.55, reflecting significant year-over-year growth driven by the memory market recovery.
• Options Implied Volatility: The options market is pricing in a 7.75% post-earnings move, defining a near-term technical range between $982 and $1,148.
• Forward Guidance Catalysts: Post-print price action will hinge on Q1 FY2027 estimates, with analysts closely monitoring DRAM pricing power, the sustainability of mid-80s gross margins, and early volume metrics for the HBM4 transition.
Remember Wall Street wants them to beat the estimates of the estimates and everything is priced in.
$SPY next session, from the book as it settled.
Tracking since day one. 4 session(s) graded so far, which is not yet enough to claim a hit rate.
IF it goes above 768.70 -> dealers brake. no ceiling in range.
IF it goes below 764 -> thin air. only real bid is 762. then 761.
ELSE it holds between 763 and 769 -> chop around the 765 pin. it knifes both edges.
Flip 768.70. Pin 765. A typical day from here is about 4.93 points.
Levels exclude the 12% of gamma that does not survive into the next session.
Where dealers are long gamma they brake, where they are short they chase. Not advice.
$NFLX is positioning for another bounce off support as it scales its advertising business and live event programming, here is what I see:
The fundamental data backing Netflix reflects a clear shift in how they monetize their user base. They ended 2025 with 315 million global subscribers, and their ad supported tier has reached 94 million users. This visibility allows management to guide ad tier revenue to roughly $3.0 billion in 2026, which doubles their 2025 figures. They project full year 2026 revenue to land between $51.0 billion and $51.4 billion, alongside operating margins expanding to 31.5%. By actively branching into live events and sports programming, @netflix is building a measurable moat around their core streaming model.
Looking at the technical setup we see $NFLX is still in a downtrend after losing its support level at $70. Our next entry target would be the same $65 level in rallied off of in July.
Updated oil market news::
Oil prices fell as improving supply eased concerns about the ongoing US/Iran conflict:
• Saudi supply is recovering: About half of the East-West pipeline’s capacity was restored after drone attacks, allowing oil to bypass the Strait of Hormuz.
• More oil is reaching markets: Some tankers continue moving through Hormuz, and the US is releasing up to 40 million barrels from emergency reserves.
• Prices declined: The soon-expiring Brent contract settled below $103 per barrel, while the more actively traded December contract settled near $96.
• Risks remain: US–Iran negotiations have made little progress, and physical oil supplies remain tight despite the recovery.
• Diesel restrictions could backfire: TotalEnergies’ CEO warned that a US diesel export ban could reduce refinery production and potentially raise domestic gasoline prices.
Watch Crude oil for another long entry, and see if $XLE and $USO can hold support here.
Last week the NASDAQ announcemented 23/7 trading was coming Dec. 6th and now @RobinhoodApp is launching 24/7 trading of its own.
This comes as 24/7 options trading is coming soon as well. All this means is that brokers like $HOOD $BULL $IBKR $CBOE etc. will reap in more profits and traders will get even less sleep.
That’s why I’m still long-term bullish on $PURR $COIN for their perpetual futures features that will come to the US soon as well. Happy trading.
While Iranian Foreign Minister Araghchi to meets with mediators today in New York, $CVX is trying to breakout after Trump rejected the Iranian ceasefire Friday.
With a possible US Diesel export ban coming, and crude oil now at $94 with the global oil shortage in effect there’s lots of potential for a move to the upside. Many reports state that if we don’t get a deal this week we won’t see oil prices sub $90 for the rest of the year due to pure supply and demand macroeconomics going into winter.
Anthropic filed its IPO today, here’s the key reported figures:
2025 revenue: Nearly $4.6 billion, up 12-fold.
Operating loss: $8.06 billion.
Net loss: Approximately $42 billion, including a roughly $34 billion financing-related accounting charge, not operating cash spending.
Infrastructure: $7.33 billion spent in 2025; $518 billion in future obligations reported.
Customer concentration: Two customers supplied nearly 25% of revenue.
Potential valuation: Above $2 trillion, not a finalized IPO price.
My read: Extraordinary growth, but profitability, funding requirements, and customer concentration deserve close scrutiny.
So glad I entered the $RKLB bottom at $63. Next Price target for me $100 and average analyst price target being $114. After the $IRDM they’re set to be making net profit for the first time ever next year.
$RKLB is just secured another critical defense contracts and after the $IRDM merger will completely transforms its financial trajectory, here’s what I see:
The fundamental data backing Rocket Lab is absolutely staggering right now as they just secured a spot on a U.S. Space Force contract vehicle, which has a $981 million ceiling to build test and training tools that prepare Guardians for engagements against peer adversaries through 2036. While the money flows through individual task orders with no guaranteed split among the 15 selected vendors, their pending $8 billion merger with @IridiumComm is the real fundamental game changer. Management recently completed a $1.94 billion equity offering to fully fund the cash portion of the deal, completely eliminating the need for expensive bridge loans. When this acquisition closes in mid 2027, $IRDM will immediately inject massive free cash flow and recurring satellite communications revenue into the business, which analysts expect will officially push Rocket Lab into profitability.
Looking at the technical setup we see $RKLB has been surging aggressively into the $74 level while building a rock rocketed off its base of support at its 50 day SMA. There is a major gex wall acting as overhead resistance near $75. With heavy institutional accumulation stepping in to front run their 2027 profitability targets, I fully expect that resistance at $75 and $80, I see $RKLB easily pushing toward the $95 to $100 range in the coming months.
New YouTube video! Covering possible directions on overall markets along with covering Trumps recent stock disclosures on $MSFT and $AMZN
https://t.co/qNXw918TE9
Great bounce off major support level on $BE at $250. Hopefully if Markets push up next week Bloom Energy will be back to test the $280 PIN level...
Also, love these GEX levels that map every major level. @TraderMatrixHQ
Top flow watchlist:
📈 $AMD
📉 $MU
📈 $ORCL
📉 $INTC
📈 $IWM
📈 $U
📉 $SNDK
TLDR:
Semis are picking sides. $AMD try’s again to break ATH, while $MU leads overall premium at $396.6M with a bearish lean. $INTC and $SNDK join the bearish camp as $ORCL gets some dip buying flow , $IWM gets bullish flow for the third day in a row, and $U broke out. Overall tape leans buy 6-to-4. Memory isn’t getting much love.