First Fellow

First Fellow

$Corning(GLW.US) is my favorite Optics company. It's tough to chase these $Applied Optoelectronics(AAOI.US)'s and $Ciena(CIEN.US)'s when there is really an excellent fundamental company who has moat on multiple verticals.

They have more than 100 years of experience in Glass business and leaders there. $Apple(AAPL.US) needs them, $Alphabet(GOOGL.US) needs them, Samsung needs them, and now Datacenters & $NVIDIA(NVDA.US) needs them. A LEADER IN EVERY SENSE.

Fun fact: Thomas Edison famously placed his first order with Corning on November 17, 1880.

My next PT: 250

The stocks that deserve a split.

- $Comfort Systems USA(FIX.US)

- $GE Vernova(GEV.US)

- $Sterling Infrastructure(STRL.US)

- $Caterpillar(CAT.US)

- $Micron Tech(MU.US) / $Micron Tech(MU.US)U

- Maybe $AMD(AMD.US)

- $Monolithic Power(MPWR.US)

$Moderna(MRNA.US) showed up in the scans after long time. Added to WL.

The whole $XBI sector looks pretty hot. $TG Therap(TGTX.US) and $Revolution Medicines(RVMD.US) are my favorite.

$Tesla(TSLA.US) with a clear downtrend after YTD Avwap rejection. Although we like short ideas, taking them very slow. No need to over involve on the downside in a strong uptrend.

PT: 370-365

$Bandwidth(BAND.US) has to close above IPO Avwap for a bull run continuation. A non-negotiable level for bulls.

Some really interesting setups are brewing in the $IGV names.

$Okta(OKTA.US) is my favorite, followed by $Snowflake(SNOW.US) & $Fortinet(FTNT.US).

$Eli Lilly(LLY.US) is ready to give a face ripper with this weekly setup. A monster breakout pending.

$Dell Tech(DELL.US) is going to be case-study. As it stands right now, fundamentals are extremely good and actually undervalued relative to the AI names. The fundamentals are exceptional for a company that ran up 3x in one year.

PT1: 500

$Applied Optoelectronics(AAOI.US) 50ma is good, but that pink line test at 125-120 excites me more, that's a real buy zone. Patience, we are getting that entry which is a high R/R.

$Viking(VIK.US) is the only cruise line that excites me. There is much more upside to even catch up to the valuation of the remaining names like $Carnival(CCL.US), $Norwegian Cruise(NCLH.US) in the sector.

$Astera Labs(ALAB.US) 400 inbound.

Looking at the fundamentals, I just want to say, irrationality can stay longer. 🤐

SpaceX closed at ~$161 on Friday. With roughly 6B billion shares outstanding, here is what it takes for $SpaceX(SPCX.US) to be most valuable in US.

$Amazon(AMZN.US)

Market Cap: $2.57 Trillion

Target Price: $196.03

Gain Needed: 21.8%

$Microsoft(MSFT.US)

Market Cap: $2.91 Trillion

Target Price: $221.97

Gain Needed: 37.9%

$Apple(AAPL.US) - This is a little tough, but... Aping is Aping.

Market Cap: $4.28 Trillion

Target Price: $326.47

Gain Needed: 102.8%

$NVIDIA(NVDA.US) - Once we build first Data Center in Space.

Market Cap: $4.97 Trillion

Target Price: $379.10

Gain Needed: 135.5%

Guess who are the prime beneficiaries when the oil prices go down? $United Airlines(UAL.US) $Delta Air Lines(DAL.US) $American Airlines(AAL.US) $Jetblue Airways(JBLU.US), In other words $JETS.

$Micron Tech(MU.US) doing this again. Is there a 2x or 3x leveraged for $Micron Tech(MU.US)U?

$Cava(CAVA.US) IYKYK! Biggest growth story for retail business since $Chipotle Mexican Grill(CMG.US) in 2010s.

• U.S. stocks are declining due to geopolitical tensions and inflation concerns.

• SpaceX's $1.8 trillion IPO is generating significant interest but faces skepticism about its valuation.

• $Oracle(ORCL.US) earnings beat expectations, but its stock fell due to cautious revenue guidance.

• May's inflation rate rose to 4.2%, potentially keeping the Federal Reserve from raising interest rates soon.

• SpaceX received its first analyst coverage with a $165 price target ahead of its IPO.

• New power company ERock debuted but saw a 13% drop in stock price on its first day.

• Two low-budget horror films directed by Gen Z filmmakers are outperforming major studio releases at the box office.

$Erock(EROC.US) is a new IPO, today is Day 2. Let's see if we can reclaim the IPO line quickly.

$Vita Coco(COCO.US)'Melon. I am a proud consumer of this coconut water. But now it's about the stock.

PT1: 85

$SharkNinja(SN.US) I mentioned this before and will say it again, $Costco Wholesale(COST.US) should buy them. One weekly close above 131, can take it to 150 very fast.

$Snowflake(SNOW.US) with a bull ⛳️.. ❄️🌨️

Constellation Energy $Constellation Energy(CEG.US), is the guy who refuses to sleep.

Artificial intelligence is basically a giant, power hungry operation. Companies like $Microsoft(MSFT.US), are building huge data centers filled with supercomputers. These computers are working 24 hours a day and need a constant supply of electricity. If the power cuts out for a second, the servers crash.

The catch is that these tech companies promised to use clean energy. Solar panels and wind turbines are nice, but they only work when the sun is out or the wind is blowing. That is useless at night.

$Constellation Energy(CEG.US) solves this problem. They own the largest fleet of nuclear power plants in the United States. Nuclear power is the only clean energy that runs all day and all night without stopping.

The demand for this constant power is so real that $Microsoft(MSFT.US) signed a 20 year deal with $Constellation Energy(CEG.US). They are literally waking up a retired nuclear reactor at Three Mile Island just to plug it directly into Microsoft data centers.

If AI is the sports car everyone is trying to build, $Constellation Energy(CEG.US) is the only station selling the fuel to actually make it run.

$Dell Tech(DELL.US) I din't want todays candle but if market listens to everything we say, what is it that we do? With todays low as stop, this is a high R/R.

PT: 470+, you heard that right.

$Cimpress(CMPR.US) is an underrated AI company. Ok, I am joking it's a company that helps companies print marketing materials.

Is market tired of AI stocks and unlimited thesis? 😂

$Snowflake(SNOW.US) is technically the best setup at moment. We have pink line and 9ema coinciding with each other, not about a rare occurrence but a high probable one. Let's track this closely.

PT1: $300

The market will test your patience time and time again. It is not the first time and it definitely will not be the last.

- Do you have absolute conviction in your long positions?

- Do you understand that structural bull markets require pullbacks?

- Do you actually know what constitutes a power trend?

- Do you know why $RSP is more important to watch than $SPY?

There are many such questions we must answer before letting a red day dictate our execution. Focus on the big picture and maintaining a long term vision.