JimmyTurner
JimmyTurner
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avatarJimmyTurner
09-08 08:04
$Oracle(ORCL)$ Every dip will get bought until after earnings. This price looks at least 5% discounted. $Invesco QQQ(QQQ)$ , $Tesla Motors(TSLA)$ , $Microsoft(MSFT)$  are among the better opportunities in the market right now.
avatarJimmyTurner
09-08 05:45
The $Invesco QQQ(QQQ)$  weekly chart looks interesting. It has been building a 3-month base, with a shakeout inside that base, and price is getting tight on the right side. The 10/20-week MAs are pinching now.
$SPDR S&P 500 ETF Trust(SPY)$ The market seemed to like $Broadcom(AVGO)$  enough that it pulled the indexes up again after hours. I'd imagine AVGO could gap up, or if it sells off the market may follow. $Cboe Volatility Index(VIX)$  has been on my watchlist again. $NVIDIA(NVDA)$ 
$Tesla Motors(TSLA)$ This looks ready for a big move soon. The daily chart seems primed for a strong spike.
$Tesla Motors(TSLA)$ Next support level is above $356.54. Staying calm here, the only direction I see is up.
$Dick's Sporting Goods(DKS)$ Short squeeze looks like it's coming since this is way over shorted. Hard to justify being down 28% after revenue increased 53% from last year. I'm loading heavily. I think this could get back to $150 by Friday. $SPDR S&P 500 ETF Trust(SPY)$  DYD $Invesco QQQ(QQQ)$ 
$Horizon Quantum Holdings LTD(HQ)$ $Invesco QQQ(QQQ)$  $SPDR S&P 500 ETF Trust(SPY)$ Some context for the market weakness: this isn't just about stocks. Treasury supply and auctions, Japan/BOJ policy, the yen carry trade, and U.S. yields are all interconnected. Higher yields mean pressure on growth and tech valuations. Add NVDA earnings and Jackson Hole into the mix, and there's plenty of reason for risk to come off ahead of two major catalysts. Watching the 10Y/30Y, NVDA guidance, and Warsh's comments.
$SUPER MICRO COMPUTER INC(SMCI)$ The valuation here looks ridiculously low. $11.1B in quarterly revenue, $1.18B net income, $1.70 adjusted EPS, 17.6% gross margin, and $65B–$72B FY27 guidance. Yet bears are still shorting near the bottom. With roughly 98M shares short, they're sitting on rocket fuel. Bears didn't short the top, they chased the bottom. Now they're trapped against explosive AI demand, record growth, and improving profitability. Fundamentals are strengthening, the valuation is compressed, and the squeeze setup is loaded. Triple digits remain in play. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$ 
$Hyperliquid Strategies Inc(PURR)$ MSTU is one of the only two things likely to deliver 2x this week. Never bet against the United States. SPY, QQQ, and TSLA round out the view.
$Invesco QQQ(QQQ)$ I still really like Lithium Americas ($Lithium Americas Corp.(LAC)$ ), even with the stock down 92% from all time highs. The main reason is Thacker Pass. The project is already deep into construction, with mechanical completion targeted for late 2027 and planned production of 40,000 tonnes of battery grade lithium carbonate annually. It also has a major DOE backed financing package and GM offtake support, which gives the story a lot more substance than a typical early stage lithium play.
$Invesco QQQ(QQQ)$ AI spending looks like it's going parabolic in August 2026. American companies keep ramping AI spend to fit the 2026 AI narrative, and they seem to want that AI bump in their share price when they announce AI spending in quarterly reports to show Wall Street they get it. In July 2026, the top 1% of businesses spent a median 7,400 per employee on AI. The top 10% spent 650. The median firm spent just 11.95 per employee. $SPDR S&P 500 ETF Trust(SPY)$  $NVIDIA(NVDA)$  $CoreWeave, Inc.(CRWV)$  $VanEck Semiconductor ETF(SMH)$ 
$SELLAS Life Sciences Group Inc.(SLS)$ Looking at the quarterly chart, the OBV and RSI really point to this being capable of a triple-digit stock price. The years of manipulation seem to be wrapping up as SLS closes out its Phase 3 REGAL trial and keeps expanding the SLS009 story.
$ProShares UltraPro Short QQQ(SQQQ)$ Looking at the 3 minute time frame, the setup before the next push higher just needed some patience. Buyers defended the 36.00 level while price stayed above VWAP, keeping the intraday structure bullish and leaving room for more upside continuation. There is now follow through as price moves toward the next targets at 36.45 and 36.57+. $ProShares UltraPro QQQ(TQQQ)$  $Invesco QQQ(QQQ)$  NQ_F
$Invesco QQQ(QQQ)$  $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ $SPDR S&P 500 ETF Trust(SPY)$ It's easy to get caught up in saving and investing, but sometimes people forget to actually spend and enjoy their money along the way. Feels like too many are just saving for old age.
$NEBIUS(NBIS)$ Quite a squeeze into the close. Looks like whoever was short, probably in the style of Burry, is covering now. $SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$ 
$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ VIX is heading toward zero, basically near the 2026 low at a time when we should be moving into a higher volatility environment. If the market is rewarding 3.5% inflation, shorts are in trouble for what feels like forever. Burry needs a wellness check.
$Invesco QQQ(QQQ)$ An update on that $120K challenge account. Started at $18K about three weeks ago, now sitting at $44.3K after a weekly gain of roughly $5K. DRAM had a nice move, putting the position up about 9%. I also have a covered call on MSTR currently in the green, which gives a bit of downside cushion. Current holdings are ORCL, OKLO, INTC, MSTR, ENPH, DRAM, and BTC. I trimmed DRAM by 200 shares and reduced Oracle a bit to free up some capital while keeping risk in check. Yes, I use margin on shares, but I don't plan to sit on it for long.
$SpaceX(SPCX)$ I still remember when TSLA first went wild and started swinging $100 overnight in stock price. I won't be sitting on the sidelines this time. Added more calls.
$Alphabet(GOOGL)$ The flag pattern looks broken to me, and I think we're now heading for a reversal toward 347 on SPY and QQQ.

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