$SPDR S&P 500 ETF Trust(SPY)$ The time to get in was probably last week $Invesco QQQ(QQQ)$ $ProShares UltraPro QQQ(TQQQ)$ IWM. With markets, most people don't realize that certainty is already priced in. The real edge tends to live in the uncomfortable trades, because comfort means everyone else got there first. Taking risk was never the skill. Sizing it correctly is.
Still seeing about 60% upside to the next target from here. The air is definitely thinner now, but the setup hasn't broken down. The consolidation over recent weeks is forming a tighter range, which could fuel the next leg if volume picks up. Personally, I'm watching for a clean breakout above recent highs before adding more. How do you see $Applied Optoelectronics(AAOI)$ from here?
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Premarket is often a good opportunity to add positions, especially around major pivots where it tends to be bouncy. There's money to be made in all directions. I sold a little at $6.94 in Friday's after-hours, but most of my position was added at $6.51. I feel that under $6 now isn't a bad spot to rebuild. I don't see it pumping during the day—and I don't have time to watch the news closely—but building some here seems reasonable. $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$
$ServiceNow(NOW)$ I bought in four tranches back in 2018-19, when Forbes had a great article calling ServiceNow the most innovative SaaS company. With all the recent noise and confusion around the forward outlook for SaaS companies... it's good to see more sober heads starting to surface.
$Dell Technologies Inc.(DELL)$ Dell is up 45% two days after earnings. I think HPE is undervalued and could have its own Dell-like moment, especially while it's still cheap—feels like a hidden jewel.
$ServiceNow(NOW)$ CNBC had a CBOE report about someone getting a million long-term call options on NOW. That's good enough for me. I prefer to get the NOWL.