Okay, good morning, good morning, good morning!
Stocks go up, stocks go down.
What a move, what a move coming!
So, things you have to learn to become great. You can become great if you pay attention. You will fail if you lie to yourself, you buy too many, you complain, and you think it's somebody else's problem. It's very straightforward.
We told you about the TSM 0.00%↑ Taiwan Semiconductor CEO flying to ASML 0.00%↑ in the Netherlands. Why? Possibly to sign a deal. They're building all these fabs for new machines. And what did he do? He ordered some new machines, and ASML is up 50 points. We knew it was coming, we told you it was coming, very straightforward. We just didn't know when, maybe this week, maybe next week, who knows. And now it's going to rocket, and if it takes out 1009, it probably goes to the high of the year, 1050. Holy moly, this is how you make money.
Think about this: NVDA 0.00%↑ , nonstop ripper. How about that number? Sam's numbers, Godlike. 1166, we told you yesterday. It hits 1166 and drops nine points, to the penny. You could put me on TV with a thousand people on certain numbers, and I'm pretty sure not one of them would hit it to the penny, except me. Unbelievable, that's Sam's model, that's how good it is. We're trying to large language model it, we'll see. It's costing tons of money, and if it works, everything changes too.
Okay, so today you have Nvidia flying. You have ASML up. You've got Applied Materials AMAT 0.00%↑ and KLAC 0.00%↑ with upgrades, which means LRCX 0.00%↑ is going to go. You've got chips going nuts. You've got Hewlett Packard Enterprises HPE 0.00%↑ saying different things than DELL 0.00%↑ . You've even got SMCI 0.00%↑ up 20 points, but SMCI, if it's real, needs to go to 821 and hold. If it does, it has a shot for 900 by Friday. Don't know, have to see. AVGO 0.00%↑ trying to go, this is chips, chips, and more chips. Name your flavor, chips.
CRWD 0.00%↑ CrowdStrike flying, not bad news. Super high PE, but they're buying it. That's it, doesn't matter, they're buying it.
GME 0.00%↑ Gamestop , nice play, start the week, still up a dollar if you held them.
LULU 0.00%↑ Lululemon earnings today. I think Lulu can go lower, like the 280s. If you can buy them at a dollar, can't play three, these things don't move that much. Here's the difference with Lulu, guys. Lulu is supposed to make $2.50, I think they're going to miss, but $2.50 times 4 is $10, that's $10 a year times 30 PE, and it's at 300. Well, the stock's at 300, so it's not overvalued. So, even if they miss, maybe 290, 280, it's not a collapse, right? So, it's not a big down like that.
Okay, and then we see, then we see, then we see.
Solar coming back. If ENPH 0.00%↑ Enphase goes and FSLR 0.00%↑ First Solar gets going, waiting for an upgrade here, this First Solar has got a huge move coming.
ARM 0.00%↑ trying to go today, it looks better. And then you have the one that could just become epic, and that one is... come on, guys, come on, type it in, type it in, type it in.
Nobody's typing, everybody's sleeping. Bitcoin! Bitcoin 72,000, it's right there. If it blows through, think about this, it's in tandem. Bitcoin 72,000, and there's a number on MSTR 0.00%↑ MicroStrategy, 1740. I mean, 1740. If it gets through, it looks like 2000. Jesus. So, we bought some yesterday, and if it takes out in tandem, if bitcoin goes to 73,000 and 100,050, MSTR probably goes up another 250 points instantaneously, really fast. Or it hits it and it drops 100, and you buy something for 5 or 10 or $20, and it goes to zero. That's Sam's numbers. Either breaks it and rockets or dives.
How about NOW 0.00%↑ ? Nobody likes enterprise software, straight down. We caught, I don't know, 3.7 to 5. They're going to open at 9, maybe 15, and they go to 20 if it goes to 700. The ADP was fine, it was perfect, almost perfect. And then we see, then we see, then we see.
And the last thing here before we get started is, NVDA 0.00%↑ , does it take out 1200? If it does with force, where do they rip it to, or do they sell it at 1200? Right?
Then we see, then we see, that's trading.
So, what a day, what a day, what a day, what yesterday.
And one last thing, when the market trades wrong, and Cramer did the little rant on it too yesterday, when the market trades wrong and there's a bunch of stupid people saying stupid stuff, this is why I don't follow anybody that's stupid. Just block them all. Some guy Tic Toc telling you 3300 or 4000 on SPX, oh, they're going to cut rates, they're going to cut rates. Guys, when? I don't know, but they're going to cut rates, they're not raising rates. Okay, very simple. So, anybody that thinks that we're going to go down is a fool. They just are... So, but when the rates are hitting lows like yesterday, and the market's down 20, you knew a reversal was coming. You knew, just when, either today or yesterday, you knew the reversal was coming. It's not rocket science. The market doesn't go down if rate cuts are coming. It may go down 100 here, 200 there, that's it, it's not crashing. I mean, think about the moronic people that are telling you things are crashing. Just unbelievable. Get smarter.
REFER 3 FRIENDS TO JOIN OUR “SMARTERTRADING411” COMMUNITY BELOW 👇 TO GET 100% FREE 3 MONTHS PAID SUBSCRIPTION TO OUR PAID NEWSLETTERS AND EXCLUSIVE PRIVATE CHAT VIA SLACK.
Much love. ❤️ - AYNI
And then we see, what a day. Nvidia rocking, ASML rocking, grand slams everywhere. MicroStrategy may go up 200. SMCI, if it's real, don't know, have to see, it's still been weak. Then we see, then we see, then we see.
Okay, let's get started.
SPX is up 14. Add 14 to this, you're near high of the year. You got 5321, 5352, 5375. Sam thinks if jobs are low...
AVGO, 1356, 1400, 1436, beast.
Nvidia, 1184, 1191.
ASML, 1009.
Lam Research, 961.
CrowdStrike, 366, old high 366.
BKNG, trying to break up again, 3836.
MongoDB, 228.
GME needs 31.
Lululemon, 280 down, 340 up.
AMD, 168 up, 157 down.
First Solar, 272, 288, beast.
Enphase, 133, 139.
ARM, 129, 131.
MicroStrategy, 1740. And MicroStrategy, I've told you for years, trades off of Bitcoin, but for the first time in ages, it has a number, 1740.
Coin, 266.
SMCI, 809, 681, 692.
TSLA 0.00%↑ Tesla, higher registrations in China, 181.
Are you smiling? Are you smiling?
Everybody, have a great day. See you in the chat.
Disclaimer: This newsletter is not trading or investment advice but for general informational purposes only. This newsletter represents my personal opinions which I am sharing publicly as my personal blog. Futures, stocks, and bonds trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. So be very careful. I guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators, and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC, or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. By reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are courtesy of Ninja Trader, FinViz, Think or Swim, and/or Jigsaw. I am just an end user with no affiliations with them. Information and quotes shared in this blog can be 100% wrong. Markets are risky and can go to 0 at any time. Furthermore, you will not share or copy any content in this blog as it is the authors’ IP. By reading this blog, you accept these terms of conditions and acknowledge I am sharing this blog as my personal trading journal, nothing more. Me, “TRADING101” and this newsletter is not affiliated with Samir Parikh, SmarterTrading411.com, or with the SP Executive Services LLC., whatsoever.
SMARTERTRADING411 (DAILY) Morning Call w/ @smartertrader