$SpaceX(SPCX)$ Pretty confident we're going to see a big jump by the end of the week, with a low in the $170s and a move into the $180s. Just my humble opinion.
$SpaceX(SPCX)$ A Tesla and SpaceX merger would create the largest and most profitable merger in history. At $3.3 trillion, it would rank as the 5th largest company in the world, with $170 billion in annual revenue at current run rates, 160,000 employees, and over $1 million in revenue per employee. Both boards have already formed special committees to evaluate the deal.
$ProShares UltraPro QQQ(TQQQ)$ Here is the next setup before upside continuation, looking at the 1 minute time frame. Market makers are slick trying to fake out retail traders, but I have a good read on them. We have solid acceleration from VWAP to 70, followed by a breakout to the 50 EMA on the 1 hour time frame. Markets always know their supports and resistances. Price targets are 71.25 and 71.65+. $ProShares UltraPro Short QQQ(SQQQ)$ $Invesco QQQ(QQQ)$ NQ_F
$IREN Ltd(IREN)$ Given how much secured energy this company has compared to other neo clouds, it could easily sell for $60. It's currently trading at a $6 billion market cap. With the expected surge in AI demand, power shortages, and delays, selling a company at a 100% premium seems straightforward.
$Applied Optoelectronics(AAOI)$ Curious to see how the fear mongers spin this one. Anthropic's Q3 revenue came in at $16.8 billion, up from $11.5 billion in Q2. The company shared the numbers with investors during a private meeting and also noted it's profitable on an adjusted basis.
$Applied Optoelectronics(AAOI)$ AAOI looks like a very smart long term hold. With earnings coming up, this feels like a strong buy opportunity, and I won't be surprised if the shorts in the chat get hurt betting against something that could see 50% returns in the near future. Profitability is at an all time high and there is plenty more to come with demand growing like this. AAOI is well positioned to run, especially at a $100 discount. Shares here after recent highs at $130 are truly a gift. The ATM offering has been complete for almost a week now, so anyone raising dilution fears is fear-mongering and most likely short the stock, knowing great things are coming as we approach earnings in November.
$SpaceX(SPCX)$ Space exploration is where things are heading. SpaceX leads in deep-space exploration and human spaceflight with projects like the Artemis program, while also dominating the commercial side through reusable rockets and satellite internet. That makes SpaceX one of the most important companies going forward into the 21st century. I think it could make people very wealthy. I'm extremely bullish both short and long term.