$SanDisk Corp.(SNDK)$ I'm not sure what the bears are trying to achieve here. These buys are clearly driven by institutions. Institutions don't check social media sentiment and they don't trade overnight. The only explanation I can see is that these bears are hired by hedge funds to post every day. Maybe they're remote contractors.
$SPDR S&P 500 ETF Trust(SPY)$ Feels like the market is pricing in a quick resolution, with the expectation that the conflict could be wrapped up within a couple of weeks. Equities are reacting accordingly and moving sharply higher.
$SanDisk Corp.(SNDK)$ Hit the macro target at 1,481 last night as expected. The 4H printed a massive expansion candle, breaking out of the macro downtrend line that's been intact since June 30. Bias remains strictly bullish. Watching now to see if price can consolidate and hold the mid-body of that breakout candle at 1,477. Given the aggressive vertical expansion, I'd expect some higher-level churn and order absorption during the session. Waiting patiently for the 30/60 EMAs to catch up—not a time to blindly catch top shorts. Long Trigger Alert: 1,583 | Bullish Invalidation: 1,402 Short Trigger Alert: N/A | Bearish Invalidation: N/A (Shorts off the table)
$SPDR S&P 500 ETF Trust(SPY)$ If Americans are maxing out their credit cards, that could end up looking very bullish for retail numbers. They removed gas from the PPI, but they'll almost certainly keep fuel sales in the retail figures. 790 open.
$SPDR S&P 500 ETF Trust(SPY)$ There's a pattern worth paying attention to when it comes to the AI chip trade. Whenever it catches a strong intraday momentum move, the Mag 7 and a few other names tend to get hit as traders sell, short, and chase. It's repeated every time, so it looks like a quant-driven move. That's almost money falling from the sky if you can stomach going against the intraday trend instead of following the crowd. I'm seeing dips in MSFT, BABA, META, CRM, and a few others. Not sure why some find this hard to act on, but it's been a winning trade every time.
$Frontier Nuclear and Minerals(FNUC)$ Price has been tightening and coiling while institutions have been loading up heavily. Volume has also picked up over the last few trading sessions, and I'm watching for a breakout from the downtrend. The float is tight, with shorts at around 10% and roughly 6 days to cover. The company is making progress on its activity, and an MRE is due soon. Uranium spot price is tightening and starting to break out slightly. It looks poised for a significant increase. Good buy in my opinion. NFA. $Oklo Inc.(OKLO)$ $Uranium(UEC)$ $SPDR S&P 500 ETF Trust(SPY)$
$SanDisk Corp.(SNDK)$ Starting to get its mojo back. We all know how this can run if the CPI report comes in strong and there's some news at the event on Thursday.