Interesting, Intel caught a small bid. The stock had sold off 21% over the past seven trading sessions. I noticed some heavy buying coming in around the $85 price level. I've built a decent position once again, but I'm still looking to purchase lower. $Intel(INTC)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ Look at the all-time charts. I think we know who wins in the end. You can't stop money flowing into the market on autopilot through 401k investments and similar channels. Buying the dip works every single time. Keep adding. The perma bears keep repeating the same warnings, year after year, and the market keeps going up. It's programmed to work that way. Either you get in or you get left out.
$Apple(AAPL)$ Still holding while price pushes through the "bubble" level. The algos can pull off a sharp pump against shorts. The next leg doesn't start until 1AM, so I'm expecting an open rip and I'm selling calls at the ceiling. $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$
$Meta Platforms, Inc.(META)$ Those with the best attorneys win. META for the win. Parents don't know their kid is addicted? There's addictive food, addictive TV, addictive video games, addictive legal drugs. Don't parents pay attention anymore? No. They're happy the kid is quietly scrolling and not bothering them. Who knows what those kids might find while surfing along. There's an endless supply of bad things out there for kids to see. Facebook is PG, not R or X. Take away the phone if the kids can't handle it. Send them out to play.
$Meta Platforms, Inc.(META)$ Let the lawsuits come, then I can buy it cheaper. They always pull this. I pick it up cheap and make money as it runs back toward 650 or so. I've done it 7 times already.
There was a 3% drop recently because the news reported that $Meta Platforms, Inc.(META)$ was heading to court over their legal issues. Since then, the same story has been front and center across financial media, and the stock is reacting to it. I expect the same thing to get reprinted again going forward.