$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Couldn't buy as much as I wanted. But seeing confirmation of the reversal is good. Buyers keep getting flushed out on every pump. Conviction is gone. Next leg should be huge, probably 70.
$Applied Optoelectronics(AAOI)$ Interesting stock. It keeps alternating between riding the upper and lower Bollinger Bands before flipping to the other side. With that in mind, the mid Bollinger Band point (20 MA red line) should provide support. If it falls through, it would probably trade within the lower BB band. $Tradr 2x Long Aaoi Daily Etf(AAOX)$
$Bloom Energy Corp(BE)$ I've watched BE enough to recognize the pattern. A strong climb gets followed by a sharp drop, investors panic-sell, and then it bounces back. I'm staying patient with it.
$Intel(INTC)$ $SK hynix(SKHY)$ Both are up on the rumors, so they might as well ink the deal since investors are bullish on the idea. If they cancel it, both stocks will fall back down.
$SpaceX(SPCX)$ Got back in at $148 before the close. Timing hasn't been great for me lately, but I'm not too worried. A reversal within a few days, or maybe even sooner, would be nice.
$SK hynix(SKHY)$ BofA raised its price target on SK Hynix to $268 from $250 and kept a Buy rating. They did trim the Q3 operating profit estimate by 7%, but the higher ADR price target reflects the move in the already-appreciated South Korean won against the U.S. dollar.
$SpaceX(SPCX)$ It is genuinely funny to see shorts repeatedly leaning on Scott Galloway as support for the short thesis. Galloway himself would probably be the first to point out that he is a DNC activist, and he may be one of the most emotionally driven investors out there. Before the last election, he publicly said he had placed a $380,000 bet on KH to win. This actually gets to the heart of it. The shorts here are not really running a short thesis. They seem stuck in an echo chamber, spending all day resenting the wealthy, the successful, and the forward-looking. They need to wake up, get a life, and bet on the future.