Prior uptrend support has now turned into resistance. It's making a second attempt at it. MACD is curling up as momentum picks up. 162 is my next target. $SpaceX(SPCX)$
$Webull Corp(BULL)$ $SpaceX(SPCX)$ $Ondas Holdings Inc.(ONDS)$ $USA Rare Earth Inc.(USAR)$ Oil is coming down. I'm not buying what the media is selling on this one. The world is collapsing, lol. The 10-year bond looks closer to a top. Mortgage rates at 7%? So what, I had 8.5%. Looking at the day charts for oil and the 10-year note, oil is below the 20-day EMA, and the 10-year bond looks like it's topping based on history or the monthly chart. The last chart is a triangle. In my view, the markets know oil's elevated levels are coming down in a few months, and the 10-year
$Bloom Energy Corp(BE)$ Since the July drop, my view hasn't changed: if you lost money because of that report, HunterBROKE is where the issue was, not Bloom. And with the stock recovering nicely, it's getting pretty clear which narrative is holding up and which one isn't. Maybe the focus should be on the people who caused the panic, not the company that kept executing.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ They are using the clarity and rate hike narrative to keep some investors sidelined and bears leaning short, which sets up the possibility of a massive short squeeze.
$X-Energy(XE)$ I've been buying long term calls every day. It could pull back to $10, but this one might eventually get squeezed up to $50 or higher, similar to what happened with BE.
$SK hynix(SKHY)$ I have never invested in a company that makes this many positive moves. I can't be the only one here who feels the stock should be around $240/share by now. SK has been insanely aggressive in ramping up to meet this memory shortage. This anti-AI scare week means nothing to me. AI is happening and SKHY is going to make us more money. I heard Cramer on Squawk Box recently. The guy is loony. But he made a good point about people selling their NVIDIA at $205. In 2 years, will those who sold off their AI stocks think it was a smart move? Is AI going away? Is the buildout really going to be stopped or slowed down?
$FuelCell(FCEL)$ In my view, Few as CEO has been lackluster. He hasn't brought much growth, and the company feels stagnant compared to competitors. It seems like he's mostly holding onto previous contracts rather than securing new ones. Another issue is that, unlike the CEOs at $Bloom Energy Corp(BE)$ and $Tesla Motors(TSLA)$ , his ownership stake is much smaller by comparison. I think if Livingston has the vision and nerve to compete, a change of leadership might be the best path forward. Any thoughts?