Good morning everyone, 06/06
Stocks go up, stocks go down.
Here is a quick funny meme below to lighten up everyone’s morning.
HAVE A BLESSED DAY! And enjoy the read.
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You know, SPY 0.00%↑ is about even. Nothing happening. They cut rates. The rate cut is bullish. And let me tell you, if the jobs is just decent tomorrow, we're going to hit $SPX $5,400, $5,500. And let's see if MicroStrategy MSTR 0.00%↑ can get over $1,740 and go to $2,000. Will be fun. And then we see. Maybe it doesn't. Maybe it goes to zero. Okay. That's what we know. That's what we know.
SPX, $5,352 right here. $5,352 down. $5,321 down. $5,372. $5,400. $5,451 is possible.
AVGO 0.00%↑ . $1,436 BEAST. $1,381 down.
NVDA 0.00%↑ NVIDIA. $1,272 up. $1,209 down.
ASML 0.00%↑ . $1,052. $1,056. $1,056 high of year. And then $1,000 downside.
LRCX 0.00%↑ Lam Research. $981. $992. $1007.
CRWD 0.00%↑ . CrowdStrike looks like it wants to hit $165. Very high. Then we see. Then we see. Then we see.
BKNG 0.00%↑ . $1,852.
GME 0.00%↑ . $33, $39, $51. If it gets to $34 today, this may spike to $42.
AMD 0.00%↑ . Needs $169.
LULU 0.00%↑ . Nice, nice little pop, but really doing nothing. Really no man's land. We'll be off screen here today.
FSLR 0.00%↑ First Solar. Tried to go. Tried to go. Can't get through $288.
ENPH 0.00%↑ Enphase . $136.
ARM 0.00%↑ . $139, $141.
COIN 0.00%↑ . $266.
SMCI 0.00%↑ . $821, $872. CEOs say stuff, and you never know what's real. Okay? And the CEO says, we're going to be at 1,000 racks. At $3 million a rack, $36 billion a year revenue is huge. Didn't say we are at 1,000 racks. We want to get to 1,000 racks. That's the difference. That's why it didn't take off. But if somebody says he's going to get there in a year or two, just think $1,500. Okay?
SNOW 0.00%↑ Snowman. The CEO is shit. The company is shit. That's it. If Warren Buffett at some point decides to sell, the stock's going to sub $60. Just understand this. Too much competition, and the CEO doesn't get it. He doesn't get it.
He said yesterday on Cramer, very funny, he said 123% customer retention. That means everybody signs up, and they create new accounts, and you get more accounts. But then he guides down. Explain that to me. And the stock is went from 230 to 130. And Cramer, every once in a while, he has no balls. He doesn't say, your stock's down 100 points since you've taken over. What are you doing wrong? He's doing something wrong.
NOW 0.00%↑ ServiceNow , 721. At some point, NOW is going to say something. If it's good, it's going to go up 60. If it's bad, it's going to go down 100. Don't know when they're going to say it.
Just like I told you on ASML.
ASML going to say something. ASML just dropped 10. But ASML, we knew that order was coming. And you should have known it was coming. I told you. It's so easy to see. The CEO went on a trip from TSM 0.00%↑ Taiwan Semi to ASML. And a week later, the stock moved 100 points.
This is Sam 101. Everybody have a great day. See you in chat.
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