$Direxion Daily MU Bull 2X Shares(MUU)$ Jumped in this morning at $890, which seemed like a decent entry price. It's at $941 now and climbing. Glad I made that move. I'll put in some orders below $890 and pick up a bit more.
$Applied Optoelectronics(AAOI)$ I don't really care if we see another dip in the short term. I know the direction is still up, and we'll be a lot higher by the end of the year. We've gained $161 per share, up 541%, in just six months.
$Applied Optoelectronics(AAOI)$ Again, seriously. Once it becomes clear we're swinging back to the nearest high around 207, you can stop taking profit on every single dollar move. Let the pattern complete: 207, 212, then 233+.
The probability of a rate hike in December has dropped. If a final peace deal is reached within the next 60 days, oil could eventually fall below $70, which would likely drive down the USD and Treasury yields, and the probability of rate cuts would return. I've been bullish throughout this AI super-bull cycle, and this ceasefire only strengthens that view. My highest conviction remains with top-tier chip stocks, especially memory makers and AI infrastructure data center builders for swing trades. For high-risk/high-reward speculative short-term trades, I'm looking at SMR nuclear energy, quantum computing, and space. For long-term investments, I'm focusing on hyperscalers, select enterprise software (particularly in security), the housing sector, and USD stablecoins.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ I've seen this happen many times. Futures surge overnight, but then you check the market by midday the next day and get surprised. I'm not too worried about my position here just because futures are ripping. We'll see.