Don’t do that! The market is just fine. It’s waiting for news. It’s waiting for that trigger. Once it gets the trigger, it will go, okay? But its not there yet, so just relax.
Okay, let's get started.
Good morning, good morning, everybody. 4/9.
We'll release the Vegas thing in two days. Let me get to see what the market is doing. Market's up 12, getting a little bit better. You got SPY 0.00%↑ / $SPX 5214, 5232, 5251, underneath 5191, okay?
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AVGO 0.00%↑ looks better today. Broadcom looks better today. It's up nicely. 1376, 1400.
NVDA 0.00%↑ a little bit better. It needs to go without dropping 5. The day that it doesn't drop 5 is the day you'll be ready. It can't go up 8 and then drop 6. It can't go up 15 and drop 10. That means it's not ready, okay? NVIDIA 922, that's probably the number that jumps it way up.
ASML 0.00%↑ . 996, 1020. This hit 1020, not Monday, yesterday, a week ago Monday. It hit 1020. It was up 50 and it dropped 60. Jesus.
LRCX 0.00%↑ . Lam Research 976, 991.
LLY 0.00%↑ , no man's land. 786, 786, big number. 794, big number.
CRWD 0.00%↑ , 333.
DELL 0.00%↑ , 136.
GOOGL 0.00%↑ , 158, 161.
DJT 0.00%↑ , it's worth five cents.
AMD 0.00%↑ , 176, 181, 186.
ARM 0.00%↑ , 146 up, 119 down. Doesn't move correctly.
GS 0.00%↑ , 416 up, 422. Breakout, 391 down.
MSTR 0.00%↑ , 1609.
COIN 0.00%↑ , 266.
META 0.00%↑ , 531.
SMCI 0.00%↑ , 972, but it needs 1072 to trigger up.
NOW 0.00%↑ , 791. How exact is that number?
TSLA 0.00%↑ , let TESLA go up. All the chart guys are like, oh my god, this is great. The chart tells me it's great. Elon's gonna say, I'm gonna go to Mars. Then you $TSLA guys are gonna be, well, this is not so good.
Okay, comments, questions.
Sign up is in two days. “Can you reserve a spot for confirmation that I'm going?” Yes. We will be charging a token amount because you just can't have people signing up and then not showing up. So we're gonna do that.
MRVL 0.00%↑ AI event. Marvell is a garbage stock. And 50% of their business is non-AI. So if 50% of their business is garbage, it doesn't go up. And that's why it misses every quarter. Doesn't mean their AI piece isn't good. It just means it doesn't work. It's hard trade.
AMZN 0.00%↑ , a little bit better. Sure looks like it wants to get to 200.
PLTR 0.00%↑ is in no man's land. Yes, no man's land. But the news on PALANTIR is relatively good from what the CEO keeps saying.
CRWD 0.00%↑ , ZS 0.00%↑ , event this week. Yes. They are good stocks. Crowdstrike, ZScaler. But they're all trading at 80 and 90 P.E. That's the problem. And if rates are coming down and they cut rates, then they will go up. If the rates aren't coming down, then they won't go up. Okay?
“Utah also did not require a driver behind the wheel.”
Just be careful of what you think. Too many people... Look. In 2019, I was here on a call. And Elon said, autonomous driving 2021. I said, zero chance. He said, driverless cars. I said, zero chance. He said, we're going to release a Cybertruck. I said, zero chance. He said, we're going to release a Roadster. I said, zero chance.
Guys, he just tells you stuff. It doesn't happen. It's so far away you can't even think about that.
That's what's happening today and creating today. That's what we know.
ISRG 0.00%↑ , I like it Intuitive Surgical Group is a great stock.
Thanks. Everybody have a great day. See you in chat.
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Daily Plan 04.09.24