$IBM(IBM.US) back into the base. Knew that the gap would not be easy but this pullback and tapping the 50ma not great action. Is what it is. Stops in the machine and see what happens next week.
Source: Sunrise Trader
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Breaking: Michael Burry says AI's biggest customers are "tokenmaxxing"
The pyramid of customers who become competitors:Tier 1: frontier model builders: OpenAI, Anthropic, Google, Microsoft, Meta, xAI. 7 to 10 companiesTier 2: vertical LLM builders: Salesforce, ServiceNow, SAP, Bloomberg, IBM. 30 to 50 companiesTier 3: Fortune 500 building proprietary AI: JPMorgan, UnitedHealth, Walmart, CVS. 200 to 500 companiesTier 4: true pure consumers: mid-market companies and traditional manufacturers. Fewer companies remain as they climb the pyramid, per Burry's SubStack - S
$IBM(IBM.US) took my paydays off for great payday %. This one will not be easy as it tries to chew on the ER warnings gap. Price is back to 200ema. I moved up all stops.
Source: Sunrise Trader
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$IBM(IBM.US) with the overhead warning gap every up move won't be easy. Price is now over the 10/21/50ma's. Stops are our control.
Source: Sunrise Trader
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All eyes on SpaceX
Rep. Maria Elvira Salazar (R) just bought up to $30,000 in SpaceXShe's the 7th member of Congress to buy $SpaceX(SPCX.US) since the June IPOCombined buyers so far: 7Combined sellers: 0 - N
Breaking: We found a politician day trading a cancer treatment
Meet Rep. Maria Salazar (R) from FloridaBack on August 19th, Moderna announced their mRNA vaccine successfully prevented melanoma from returning in a Phase 3 trialThe stock had one of the greenest candles you've ever seen and was up ~176% that day aloneTurns out that same day Rep. Salazar bought & sold $Moderna(MRNA.US) within an 8 hour periodIt's unclear if she profited or not, but it's safe to assume she bought in early, rode the stock up, and took profits on the wayNot too bad for a sitting politician - S
$IBM(IBM.US) in the base. Longer the base the higher in space. Will that be the case for this name? No one knows.
Source: Sunrise Trader
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Counting Screw Threads: Why Apple Picked an Engineer to Find the Next iPhone
Eight CEOs, nearly fifty years, one unanswered question: after Jobs, how does Apple decide what to bet on next?
Which of Apple's eight CEOs is your favourite?Single choice10 voted in PollsPoll ended+3
Apple's Share Hits Record 21%, Eyes AI Servers - C
Featured$IGV Surges to Fresh High as AI Rotates to Software
Software and cybersecurity stocks advanced as Salesforce's earnings and AI partnership rekindled enthusiasm for the sector, with investors rotating into application-layer names in search of the next h...
Salesforce +22.6%. AI Fuel Or AI Threat?