To The Moon

The market is punishing earnings disappointments and uncertainty around AI spending.

Several high-profile stocks have suffered sharp declines, but I'm not rushing to sell. I'm watching key support levels, long-term buy zones and opportunities to build positions.

Here's my latest watchlist 👇

🚨 1. $Reddit(RDDT)$ — Down 15%, But Sitting on Major Support

$RDDT plunged roughly 15% after hours following weaker-than-expected earnings.

Investors are panicking, but the stock is approaching one of its strongest long-term support zones.

The last time it tested this area, $RDDT rallied more than 125% over the following year.

History doesn't guarantee a repeat, but this is a level I'm paying close attention to.

📉 2. $ServiceNow(NOW)$ — Its Worst Day Since IPO

$NOW just suffered a historic 26% drop, its steepest single-day decline since going public.

Selling pressure is intense, but I'm not interested in chasing the move in either direction.

I'm watching my predefined buy zones and waiting for the stock to stabilize.

🎯 3. $Intel(INTC)$ — Finally Approaching My Buy Range

Patience is a position.

I've been waiting for $INTC to return to its long-term buying range. Following a 16% decline on disappointing guidance, it looks like I may finally get the opportunity I've been waiting for.

I'm watching the levels rather than trying to predict the bottom.

💻 4. $Alphabet(GOOGL)$ — AI Spending Is Creating Uncertainty

$GOOGL took a major hit as investors questioned the returns on its expanding AI infrastructure investments.

The concern is straightforward: capital expenditures are rising, but the timing of the payoff remains uncertain.

I bought shares this morning. Short-term sentiment is weak, but I'm still willing to build exposure at these levels.

☁️ 5. $Amazon.com(AMZN)$ — The Market Wants to See Returns

$AMZN sold off after earnings as investors focused on its enormous AI infrastructure spending.

The central question is becoming harder to ignore: Will the money flowing into data centers, chips and computing capacity generate enough future cash flow to justify the investment?

I bought shares anyway. I'm looking beyond the immediate earnings reaction and focusing on the longer-term opportunity.