$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ Rough day for the overall markets, now trading under support. This is normal for October, especially in a Midterms year. A little pullback to catch some breath was probably needed. Like every dip in history, it's a generational buying opportunity for long-term holds.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $United States Oil Fund LP(USO)$ $Tesla Motors(TSLA)$ Semi is now in volume production. The top version can go 500 miles fully loaded at 82,000 lbs, at an efficiency of 1.7 kWh per mile. That means it uses about a third of the energy of a comparable diesel truck to haul the same load. In trucking, energy is one of the biggest costs per mile, so Tesla says that gives Semi operators a real advantage. The Nevada factory is built for 25,000 Semis a year, and Tesla deployed its first pre-assembled Megacharger to support the ramp.
$Meta Platforms, Inc.(META)$ Anthropic just came out saying they have a new agentic LM to try to compete with MUSE, but they still don't have MET's massive lineup of DAU apps like Facebook, Instagram, WhatsApp, MUSE, Ray Bans, and the billions of daily active users that come with them. Anthropic is also likely going to charge 5-10x what MUSE charges for pro developers and retail use, so that brief drop from a few minutes ago probably won't last more than 15 minutes while the algo quant shorts bury themselves again. I added another 2k shares into the Q call.
SpaceX's earnings beat is lifting the Nasdaq, with several tech and AI infrastructure names following higher after hours. Intel, CoreWeave, Cerebras Systems, Roundhill Memory ETF, Dell Technologies, Super Micro Computer, TSS, Inc., and Nebius Group are among the names moving. SpaceX's 161% revenue growth and booming SI business reinforce the demand for AI compute, memory, servers and data center capacity. Investors are looking across the entire infrastructure ecosystem as spending continues to scale. $SpaceX(SPCX)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ $SUPER MICRO COMPUTER INC(SMCI)$
$Meta Platforms, Inc.(META)$ I'm buying right now without hesitation. This could hit $800 by Wednesday after earnings. They moved up the earnings for a reason, so a split may be coming.
$Meta Platforms, Inc.(META)$ $Microsoft(MSFT)$ looks to be on the verge of a massive breakout. I think it happens regardless of how the election plays out, whether before earnings or after. I don't see anything stopping Meta from reaching $850, or MSFT from taking out $600. I'm positioned accordingly.