So what's CAPEX? ๐ธ It's just a fancy acronym for "Capital Expenditures" โ basically the money a company spends to buy, upgrade, or maintain long-term assets.
The S&P ($ES futures) finally made a ABC 1.0 ext off last Thurs' high before the draw down.
We have a bounce off the 1.0 level, but still making lower highs.
Keep an eye on this 1.0 level (7235), a breach again will likely send us to the circled fib ext levels below.
๐จ Tomorrow's setup:
$HOOD
Looks like a bottom is forming with a higher low. It's reclaiming the 20 and 50 moving averages, which points to a potential trend reversal. Aiming for a break above 91.40, then targeting 95.85 to 99.48 to fill the bear gap and hit that 100 psych
US Energy Secretary says natural gas will power AI more than anything else ๐
If that's true, here are 5 stocks to think about:
โข EQT $EQT โ biggest nat gas driller, just landed a deal for a giant data center
โข Williams $WMB โ runs gas pipelines, signed $2.3B in new
People who know what they're doing are getting nervous about all these AI startups that are just built on top of base models they don't really own. https://t.co/vfYlJWXCMh
Breaking: ๐จ
Oracle just landed a ~$396M federal contract with the Office of Personnel Management. They'll be building a cloud-based HR system to handle employee management and compliance.
$ORCL $SPY $QQQ
$OKLO
Still adding in my buy range
Buy Range: $52.56 - $63.05
If it drops below $44.80, that's a bad sign and might push it to $30.84
Target 1: $121.10
War continues, inflation keeps climbing, wages aren't moving, and more people are getting laid off. Now the market's finally paying attention. Cash is everything.
If youโre in it for the long haulโฆ every day is a green day ๐ฟ
1) $QQQM
2) $VOO
3) $NVDA
4) $AVGO
5) $MU
6) $AMD
7) $SMH
8) $SPMO
9) $DRAM
10) $GOOG
Just saw the latest CPI numbers ๐ not looking too hot. Prices still climbing, feels like my wallet's shrinking every month. Anyone else feeling the pinch? ๐ธ
$ZM touching the 50-day moving average and a key trendline after dropping 19% from June's peak ๐ฆ
Analysts are more upbeat on Zoom nowโ24 of them see an average target of $115.08, suggesting a 13% gain โฌ๏ธ
They just rolled out an AI tool that turns chats into actual work ๐