$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ The stock looks like a coiled spring with a potential initial 10x upside back to the 500s. From these oversold levels, there could be successive days of 100%+ gains.
$IBM(IBM)$ I can't believe my luck with this one. I had sold my position above $300, waiting for a pullback to around $280. I was genuinely surprised when it opened in the $220s recently. I started buying just below $220 and added more around $205. It's set to go ex-dividend in about three weeks. I'm watching to see if it jumps after the earnings report.
$IBM(IBM)$ The stock got hit during the Halftime Report segment, but it bounced back higher afterward. It seems like a large short position might have been trying to cover.
HSBC suggested investors consider $IONQ Inc.(IONQ)$ as an alternative to $IBM(IBM)$ for a synthetic holding. I've been holding this stock since it was under $3, and from where I stand, the conviction hasn't been stronger. The recent retail-driven moves feel like positioning before another potential move up, with a solid base already established.
$Nokia Oyj(NOK)$ $GLOBALFOUNDRIES Inc.(GFS)$ $Corning(GLW)$ These are some of the most critical stocks in the photonics space. People think AI's growth is impressive now, but just wait until photonics starts getting integrated into data centers.
$SpaceX(SPCX)$ To be honest, I was also hoping it would at least hit 12. A lot of people averaged down just to get a boost. Honestly, the long weekend, coupled with the S&P, was the main reason they shed most of the gains. Hoping Monday brings a chance for another ride to the top... we're all waiting. Have a good weekend.
$Applied Optoelectronics(AAOI)$ Yes, it's entirely possible for AAOI to hit $1 billion in revenue in 2026, as management has officially raised their full-year guidance to project revenues exceeding $1.1 billion. However, this target depends heavily on successful manufacturing scaling rather than end demand, which is currently estimated to be even higher.