π¨ MACRO SURPRISE
PCE came in at 3.4% vs. 3.7% expected.
Core PCE: 3.0% vs. 3.3%.
Q2 GDP: +2.2% vs. +1.5%.
Inflation is coming in cooler while growth is beating expectations.
Thatβs a combination markets tend to pay attention to.
BREAKING: $CBOE just extended its exclusive S&P 500 options license through 2051
25 more years of control over one of the marketβs biggest index options franchises
SPX options hit a record 970.6M contracts in 2025
My take: this is a major long-term win for CBOE
π¨ $SOAR was the pre-market runner
The move started early, and the setup was there before the crowd caught on
Strong momentum, heavy volume, fast tape
Names like this are why pre-market action matters
π¨ U.S. stock futures are getting hit
S&P 500 futures are down, while Nasdaq futures are under heavier pressure as risk appetite cools ahead of the open
The overnight tape is turning defensiveπ
$MA
Elite dividend growth since the 2006 IPO.
Currently pays $3.31/share (TTM) while using only 18% of FCF.
This leaves massive room to keep raising the dividend and reinvest in the core business. Classic high-quality compounder.
π¨ Pelosiβs $BE trade is looking pretty good
The filing became public Aug. 24. Shares were around $190β204 then
$BE later hit $288 β roughly a 40%+ move from the Aug. 24 close
The trade timing is getting hard to ignore
π $TSLA weekly chart update:
Price found support at the weekly 200 EMA, a key long-term trend level
Watching for a potential reclaim of the weekly 50 EMA in the weeks ahead
Key levels will determine whether momentum can continue
PT: $2,047
π $MSFT technical update:
Could we see one final leg higher?
The chart is still showing strength, but Iβm watching for signs of a potential top formation
Key support zones will be important if momentum fades
PT: $555
π $MANORAMA technical setup:
A Golden Cross is forming, with the 50 EMA acting as a potential entry zone.
Watching how price reacts around this level for confirmation. π
π¨ 2028 GOP NOMINATION WATCH
J.D. Vance is currently leading the Republican nominee prediction markets, ahead of Marco Rubio.
Polymarket has Vance around 51% vs. Rubio near 16%.
Prediction-market prices are moving fast. π
π¨ The Trump administration is moving to cut roughly $810M in previously approved education and health funding.
The move is drawing opposition from lawmakers as Congress challenges the administrationβs authority to cancel appropriated funds.
π¨ $ACHR clears a key U.S. antitrust hurdle for its Boeing deal.
The HSR waiting period expired Sept. 18, covering Wisk Aero, SkyGrid and Insitu.
The deal would expand Archer into eVTOL, autonomy, defense drones and physical AI. $BA π
π EARNINGS TO WATCH β Thursday, Sept. 24
Before the open:
$BB $DRI $SNX
After the close:
$COST $SCHL $BB
$BB could see premarket momentum if volume picks up, while $COST is the key report after the bell. π
π $GNPX remains on my radar.
Four disclosed congressional transactions β all buys, no sells β including multiple purchases by a sitting House member.
Technically, $4.20 is the key level. A clean break could bring momentum back into play.
Still watching. π
π¨ Michael Burry just updated his positions.
π» Added to shorts: $MU $NBIS $SOXX $PLTR
πΊ Added to longs: $QXO $BBW $SFM $BIRK $MELI
Burry says the short positions would be covered if they reach new highs.
A notable split between AI/semis and his latest long ideas. π
π¨ UPDATE: $CRWV is now up 10% from our last setup.
The stock has reached $89.23 so far, while the $95β100 zone remains in focus.
The upper range of the flag is still around $100. π