To The Moon

1. Key News & Movements

• S&P 500 and Nasdaq closed lower as Big Tech's soaring AI budgets triggered a flight to safety, with investors concerned about escalating capex without clear ROI.

• Apple ( $Apple(AAPL)$ ) bucked the trend with 16% sales surge on "staggering" iPhone demand – China sales rebounded sharply.

• Microsoft ( $Microsoft(MSFT)$ ) slumped 10%, losing $357 billion in market cap – its worst single-day drop since 2020 – on AI spending worries.

• Musk's SpaceX in merger talks with xAI ahead of planned IPO, source says – potential valuation synergies.

• OpenAI plans fourth-quarter IPO in race to beat Anthropic to market – AI race intensifies.

• Sandisk ( $SanDisk Corp.(SNDK)$ ) jumped 14% on 2Q profit/revenue beat driven by AI demand.

Overall tone: Risk-off rotation from AI capex fears, but selective strength in Apple and Sandisk highlights demand divergence.

Stocks to Watch Today

• Microsoft (MSFT) – Post-earnings pressure; watch $410 support.

• Apple (AAPL) – Strong demand signal; watch $250 resistance.

• Sandisk (WDC) – AI memory surge; watch $80 breakout.

• Tesla ( $Tesla Motors(TSLA)$ ) – SpaceX/xAI merger buzz spillover.

• Nvidia ( $NVIDIA(NVDA)$ ) – AI spending concerns; watch $135 support.

2. Trading Opportunities

• Short-term: MSFT puts or short if $410 breaks – target $380 on capex fears.

• Long Apple calls or shares on $240 dips – strong demand tailwind.

• Sandisk breakout longs above $78 – AI demand catalyst.

• Pair trade: Long AAPL/short MSFT for sector rotation alpha.

• Volatility plays: VIX calls if AI panic escalates.

My Plans No aggressive positions today – holiday thin volumes amplify noise. I'll watch MSFT for short entry if $410 cracks, add Apple on dips for consumer strength, and stay sidelined on broader AI until PCE clarity. Annual goals are solid; focusing on risk management over new bets this week.

Market Movers Table

Key Takeaways

• AI capex fears dominate – rotate to consumer strength like AAPL.

• Sandisk's AI revenue beat shows selective demand.

• Thin holiday volumes = amplified moves.

• PCE Thursday critical for Fed cut path.

Safe trading – what's on your watchlist? 🎯🤑

📢 Like, repost, and follow for daily updates on market trends and stock insights.

📝 Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.

📌@Daily_Discussion @Tiger_comments @TigerStars @TigerEvents @TigerWire @CaptainTiger @MillionaireTiger