$Oracle(ORCL)$ Looks like the market really likes OpenAI's new model. We just broke through resistance at 160. Wouldn't be surprised if we surged another 3% to total 6%.
$Oracle(ORCL)$ ORCL earnings are this week, Thursday September 10. OpenAI astra has momentum, and there's good news around it. ORCL's future is tied to OpenAI. Now it's up to ORCL management to deliver results and run a solid earnings call. For once I'd like to see management actually prepared when they host these calls. That includes the two co-CEOs who have been missing in action. Show up prepared, be optimistic. Defend the stock against short sellers the way Alex Karp did when Burry was involved. And the new CFO? Don't come across lost in the woods like last quarter. Build a better relationship with Wall Street and institutions. As for Ellison, he's been absent. Didn't attend the last earnings call. Does he have something more important go
$Oracle(ORCL)$ Looking at how Dell responded today, it feels to me like Oracle is going to be just fine as well. That is the impression I get from James Lebenthal's take.
$Micron Technology(MU)$ $Tesla Motors(TSLA)$ No worries, it looks like it's pretty much bottomed out. I'm just going to hold, since these tend to bounce back once the smoke clears. Still too early for a Fed-driven crash.
$Oracle(ORCL)$ I said it before, those shorts look weak and useless. They'll likely cover and get out of the way. Getting ready for the run, and I'm adding here.
$Oracle(ORCL)$ Checked earlier and was excited about the chance to get a 20-day SMA buy in the 137s, but it's not looking as promising now. We'll see how it plays out.