To The Moon

News and my thoughts from the past week (04May2026) We are seeing a historic earnings boom. The current year-over-year blended earnings growth rate for the S&P 500 is a whopping +27.1%, more than DOUBLE the +13.1% expected. With ~63% of S&P 500 companies reporting Q1 earnings thus far, we are on track for the highest earnings growth rate since Q4 2021. Meanwhile, Magnificent 7 companies alone are now guiding over $700 BILLION in CapEx spend for 2026 alone. There has never been a more historic time to own assets than now. Asset owners are winning. - X user The Kobeissi Letter UN boss Guterres just went full doomsday mode on the Strait of Hormuz chaos: If it drags on, we’re staring at global recession, inflation exploding past 6%, 32 million more people shoved into poverty, and

My Investing Muse (04May2026) Layoffs, closures and Delinquencies Germany is rapidly heading towards a severe economic crisis. Germany's unemployment rate reached 6.4%, the highest since the Covid-19 peak, which also was at 6.4%. - X user Megatron Cognizant to cut 4,000 jobs as consulting industry continues to see mass job shedding - MacroEdge UK business closures average 71,000 every quarter Chegg is now down 99% from its peak because AI has killed its business entirely. Chegg was a $14.7 billion edtech company that charged students $20 a month for homework answers from a database of 79 million solutions built over a decade. Then ChatGPT launched in November 2022. Five months later Chegg’s CEO admitted it was destroying their business. The stock dropped 48% in a single day. Revenue droppe

After 34 years of service, one of America’s most recognizable low-cost carriers Spirit Airlines has officially shut down its operations permanently  All flights have been canceled, and customer service systems have gone offline 17,000 jobs lost. Fuel costs are up. Unemployment is up. And businesses can’t afford to stay affordable. Other ULCCs like Frontier Airlines are under similar pressure from sky-high jet fuel costs (doubled amid Iran-related oil disruptions), debt loads, and thin margins. Allegiant and some European/Indian carriers (e.g., SpiceJet) have also flagged risks of cuts or worse.  Majors like Delta/United are raising fares, slashing unprofitable routes, and hiking fees to weather it instead of folding. Broader industry consolidation likely ahead. The above is taken

Latest Close Data Closed at $140.53 on 2026-05-01, up +6.31% (+$8.34). Currently ~$61.16 (30.4%) below its 52-week high of $201.69. Core Market Drivers Strong momentum driven by robust demand for AI infrastructure monitoring solutions. The company continues to benefit from enterprise cloud migration and the critical need for observability in complex, AI-driven environments. Positive sentiment is reflected in significant pre-market and after-hours activity. Technical Analysis Volume of ~6.25M shares shows healthy participation (Volume Ratio: 1.50). The MACD (DIF: 4.13, DEA: 2.48, MACD: 3.32) is bullish and expanding, indicating strong upward momentum. The 12-day RSI at 68.98 approaches overbought territory but is not yet extreme, supporting the bullish short-term view. Key Price Levels Prim

Latest Close (2026-05-01): $726.93, up +7.91% (+$53.29). The stock traded within $663.30 - $728.00 and closed just 0.15% below its 52-week high of $728.00. Core Market Drivers: Strong momentum continues as STX benefits from robust data center demand for storage solutions. The stock's significant appreciation reflects investor confidence in its high-margin product mix and execution, despite a lack of specific breaking news today. Technical Analysis: Volume surged to 7.39M shares (Volume Ratio 1.28), confirming the bullish breakout. The MACD (61.22) is accelerating above its signal line (47.85), printing a strong positive histogram of 26.75. However, RSI(6) at 91.36 and RSI(12) at 85.71 are deeply in overbought territory, signaling a potential near-term pullback risk. Key Price Levels: Prima

Latest Close: Closed at $1187.00 on May 1, up 8.25% (+$90.49). The stock is trading at its 52-week high of $1189.24. Core Market Drivers: The stock surged to a new 52-week high amid strong institutional interest and a bullish technical breakout. The recent capital flow data shows significant one-day net inflows of over $6.38 billion, driven by broad-based buying, indicating strong market conviction. Technical Analysis: Volume of 23.17M shares was amplified (VR=1.78), confirming the breakout. The MACD histogram surged to 33.96, signaling strong bullish momentum acceleration. RSI(6) is elevated at 79.65, approaching overbought territory, which suggests the rally may need a brief pause for consolidation. Key Price Levels: Primary Support: $1048.00 (Today's low) Strong Resistance: Immediate ps

Latest Close Data Closed at $11.09 (May 1, 2026), up +8.30% from $10.24. The stock is now trading 46.8% below its 52-week high of $20.86. Core Market Drivers The significant daily price surge (+8.30%) on elevated volume (Volume Ratio 1.33) suggests strong buying interest, potentially fueled by short covering (short volume ratio recently as high as 40%). No specific breaking news found, but the market may be reacting to renewed optimism around the merged media entity's streaming strategy. Technical Analysis Volume surged with a ratio of 1.33, confirming the breakout. RSI(6) spiked from an oversold 24.04 to 57.77, indicating a strong momentum shift. However, MACD remains negative at -0.186, with DIF (0.111) still below DEA (0.204), suggesting the bullish momentum is nascent and needs confirm

Latest Close Data Closed at $326.96 (ET 2026-05-01), up +8.95% ($26.87). The stock closed just $2.83 shy of its new 52-week high of $329.79. Core Market Drivers A surge in trading activity across derivatives markets is likely driving interest. Strong institutional ownership (e.g., Vanguard, BlackRock) provides a stable base. No major negative headlines today, allowing the breakout to proceed. Technical Analysis Volume was robust at 1.57M shares (Volume Ratio 2.15), confirming the breakout move. The 6-day RSI jumped to 77.28, entering overbought territory, signaling strong short-term momentum. MACD (5.42, DEA 4.17, MACD 2.51) shows a powerful bullish crossover and widening histogram, reinforcing the uptrend. Key Price Levels Primary Support: $300.1 (Previous day's close and key breakout lev

Latest Close Data As of May 1, 2026, TSLL closed at $13.07, up 4.81% (+$0.60). The ETF remains -45.0% below its 52-week high of $23.74. Core Market Drivers The move appears to be a technical rebound from the $12.11 support level, likely driven by a relief rally in its underlying asset, Tesla (TSLA). The high daily turnover of 22.97% indicates active trading, but persistent net capital outflows over the past five days suggest underlying selling pressure. Technical Analysis The surge was supported by high volume (94.36M shares) and a Volume Ratio of 1.20, confirming the day's buying interest. Key indicators are not provided in the data, but the price action shows a recovery from the day's low of $12.34, testing the immediate pivot. Key Price Levels Primary Support: $12.11. The level from whi

Latest Close Data: ESPR closed at $3.11 on 2026-05-01, surging +55.50% from the previous close. The price is now about 25% below its 52-week high of $4.17. Core Market Drivers: The massive single-day move appears driven by significant institutional and retail buying interest, evidenced by a huge volume of 182M shares and a turnover rate of 70.82%. No specific news was provided, but the technical breakout itself is a major driver. Technical Analysis: The surge was accompanied by extreme volume (Volume Ratio: 29.21). The 6-day RSI rocketed to 91.85, indicating severely overbought conditions. The MACD (12,26,9) histogram turned strongly positive at +0.188, confirming a powerful bullish momentum shift. Key Price Levels: Immediate Pivot/Resistance: $3.11 (yesterday's identified resistance) Prim

Latest Close Data Closed at $16.43 on 2026-05-01 (ET), up +2.05% (+$0.33). The stock remains ~$16.30 below its 52-week high of $32.73. Core Market Drivers The stock is rebounding from a recent oversold condition. The broader market sentiment and potential easing of financial sector pressures are providing a tailwind for fintech names. Company-specific news appears light, suggesting technical factors are the primary driver. Technical Analysis Volume: 79.3M shares, below average (Volume Ratio: 0.88), indicating a lack of strong conviction in the move. MACD: DIF (-0.161) remains below DEA (0.053) with a negative MACD histogram (-0.429), signaling a persisting bearish momentum, though the histogram is less negative than the prior day. RSI: The 6-day RSI at 35.8 is recovering from oversold terr

Latest Close Data Closed at $38.67 on 2026-05-01, up +3.34% (+$1.25). Now just $0.53 away from its 52-week high of $39.20. Core Market Drivers Positive sentiment is driven by strong recent quarterly earnings and robust user growth across its dating app portfolio (Tinder, Hinge). Major institutional buying, notably from BlackRock, signals confidence in the company's strategic direction. Technical Analysis Volume was elevated at 4.24M shares (Volume Ratio: 1.54), confirming the breakout. While specific MACD/RSI data is unavailable, the price action and high volume indicate strong upward momentum, challenging key resistance. Key Price Levels Primary Support: $31.11 (Previous consolidation base). Strong Resistance/Immediate Pivot: $38.71 - $39.20 (Recent high and 52-week high). A decisive brea

Latest Close Data Closed at $88.88 on May 1, 2026, up a staggering 29.58% (+$20.29). This marks a significant recovery, though still down 61.7% from its 52-week high of $232.36. Core Market Drivers The explosive surge appears to be driven by a combination of a heavily oversold condition and potential positive sentiment around its forward-looking valuation. No specific news was flagged, but the move suggests a major re-rating or reaction to recent earnings/guidance. Technical Analysis The move was accompanied by massive volume (27.4M shares, Volume Ratio 4.81), confirming strong institutional interest. The MACD (DIF: 0.96, DEA: -1.12, MACD: 4.16) has just executed a powerful bullish crossover above the zero line, a strong buy signal. The RSI(6) spiked to 81.03, indicating the stock is now i

Latest Close Data Closed at $13.30 on 2026-05-01, up +3.02% (+$0.39). The price is just $0.59 (4.2%) shy of its 52-week high of $13.89. Core Market Drivers The stock continues to ride a multi-day uptrend, fueled by broad institutional accumulation as indicated by recent positive multi-day capital flow data. While no specific breaking news is present in the data feed, the sustained buying pressure suggests ongoing positive sentiment or anticipation of fundamental catalysts. Technical Analysis Volume was robust at 149M shares, with a volume ratio of 1.06, confirming the price move. The MACD (DIF: 1.016, DEA: 0.750, MACD: 0.532) shows a strong and widening bullish histogram, indicating accelerating upward momentum. However, the 6-day RSI is at a very high 90.62, signaling the stock is deeply

Latest Close Data: Closed at $280.14 on May 1, 2026, up +3.24% (+$8.79). The price is now just $8.48 (-2.9%) away from its 52-week high of $288.62. Core Market Drivers: A strong uptick in daily net capital inflow ($4.71B) suggests renewed institutional interest. The stock is trading near its 52-week high, indicating positive momentum and market confidence in its long-term trajectory. Technical Analysis: The breakout is supported by strong volume (81.15M shares, Volume Ratio: 1.68). The daily MACD (4.36) has turned sharply positive, indicating accelerating bullish momentum. The 12-day RSI (67.96) is in a strong bullish zone but not yet overbought, suggesting room for further upside. Key Price Levels: Primary Support: $273.42 (Previous key support). Strong Resistance: $288.62 (52-Week High).

Latest Close Data: Closed at $99.62 on 2026-05-01, up +5.44% ($5.14). The price is just $0.83 below the 52-week high of $100.45. Core Market Drivers: The stock surged to near its yearly high, driven by strong intraday capital inflows ($6.53B net) and a positive market sentiment towards the semiconductor sector. The company's strategic focus on its foundry business under new leadership continues to be a key narrative. Technical Analysis: Volume was robust at 159M shares (Volume Ratio 0.79). The MACD continues to show strong bullish momentum with the latest DIF at 11.32, DEA at 8.34, and MACD histogram at 5.96, all trending higher. The 12-day RSI at 88.85 indicates the stock is in extremely overbought territory, signaling a high risk of a near-term pullback. Key Price Levels: Primary Support

Latest Close: Closed at $198.45 on May 1, 2026, down -0.56% for the day. The stock is approximately 8.5% below its 52-week high of $216.82. Core Market Drivers: The stock is consolidating after a recent run-up, with no major company-specific news driving the action. Market focus remains on the broader trajectory of AI infrastructure spending and potential interest rate impacts on high-growth tech valuations. Technical Analysis: Daily volume of 130M shares was below average (Volume Ratio: 0.70), indicating a lack of conviction. The MACD histogram turned negative (-0.22), signaling potential short-term momentum loss as the DIF (6.24) converges towards the DEA (6.35). The 12-day RSI at 51.8 is in neutral territory, suggesting the pullback is orderly and not oversold. Key Price Levels: Immedia

Latest Close Data As of 2026-05-01, $SOBR SAFE INC.(SOBR)$ closed at $0.9821, surging +79.87% from the previous close. It is now 81.4% below its 52-week high of $5.29. Core Market Drivers The stock experienced an extraordinary surge in trading activity and price, with a 65.93% intraday amplitude and a turnover rate of 8940.78%. This extreme volatility suggests significant speculative interest or a potential news catalyst, though no specific corporate news was provided in the data. The high volume (2.51B shares) and volume ratio (222.07) confirm intense market participation. Technical Analysis The surge is reflected in the indicators. RSI(6) spiked to 88.3, entering overbought territory, while RSI(12) is at 73.6, also indicating strong bullish mome