Amazing that 733 is such a magnet for $QQQ at this time. Wonder what FOMC brings but its a coin toss at this junction. Ping-pong between 680 & 733 or break the fuck out? πΏπΏπΏ $SOXX so close to 585 again too!
I thought $QQQ will be capped at 715 but wow broke through it like knife on butter! It will be incredibly devastating to bears if $QQQ breaches 733 tmrw! I mean like they wont be back to another decade devastating! Wow... With $SOXX above 585, its all bullish now me thinks!
Oh, I forgot the best part.
Months before the IPO, SpaceX took $17.5 billion of old junk debt from xAI and X and parked it on its own balance sheet through a $20 billion bridge loan.
The terms? Repaid within six months of listing.
So part of the $75 billion that retail and index funds just handed over is already spoken for. Not for Mars. Not for rockets. To clear debts piling up at Elon's other companies.
You bought the rocket ship.
You're on the hook for the loans.
BEST. ENGINEERING. EVER.
@TicTocTick Saar, $SPCX is a 1000$ stock (10T market cap base case because TAM is cross planetary). You know it! ππππππππππππππππ
@SqueezeMetrics Looks like participation ticked up ... I thought we'd be cooling off into June end, but maybe not...! Maybe June is in the bull's court too ... !!!!! "only" 200 more points and we have 11 trading days .. !! Easy peasy.... $SPX
@TicTocTick Full circle. People used to fight at counters so we built systems where they can buy stuff from their phone and now we are going back to counter because βfounder modeβ ππππππππππππππ
@DoggyCapital@SqueezeMetrics Ok makes sense. Looks like the tweet during a neg gamma regime forced option market makers hand. The timing of the tweet isβ¦ π€π€―
I thought $QQQ will be capped at 715 but wow broke through it like knife on butter! It will be incredibly devastating to bears if $QQQ breaches 733 tmrw! I mean like they wont be back to another decade devastating! Wow... With $SOXX above 585, its all bullish now me thinks!
Maaaaan... one tweet and I missed on a load of profits ... $SOXL .. depressing to be honest. Should have held it. Well, $SOXX is now at a very very comfortable place. I dont expect any drama in $SOXX for opex - 5-10$ here and there not a big deal. Post opex we need to re-evaluate
Bulls & Bears duking it out @ 700 on $QQQ :) Watching... If bears win (at all) then its going to a rough month for many! Bears are the underdogs... LOL
Back to the scene of crime. This $700 on $QQQ is tricky place. Lets see what CPI brings tmrw. I am guessing major drama is over. Bought some $SOXL at $160 - absolute gift. I think $SOXX will NOT close below 550$ this week. I have stop loss on my $SOXL though ... lol..!
Sold my $SOXL at 174.25 after hours. If there is a gap down tmrw - I donβt want to be a part of that circus. $SOXX needs to hold 535 & I guess it will (tweets will flow in the AM?) but not worth the risk at this time.