🚨MICRON Just Pulled Off The Impossible! Plus TESLA Can Fly If It CLEARS This LEVEL!!

Added: 2026-05-27

[00:00:01]Hi guys, Mike here. So, another nice squeezy day in the market with high beta stuff going absolutely parabolic. Lot some of the chip stocks obviously going parabolic. We're going to talk about most of those in this video. Also, some to watch out for because eventually you will see these crazy moves up start to those will come down. Money will rotate into certain ones. So, definitely going to talk about a few stocks to watch out for on that uh for sure. Uh and then we'll get into some earnings and also I'll update you uh on running that civilian murf yesterday. Boy, and my legs are really sore today, I gotta admit. But we'll start with the fun stuff. The charts just never cease to amaze me. AI powers momentum's best run on record. And this is MSCI and ACWI momentum. Uh as you can see, I mean, there's the com bubble. We've blown through that. No surprise there. You can see clear rotation again when you look at what's going on like EM. It's an emerging market ETF. Now you got Taiwan Semiconductors which has a $1 trillion GDP with a even heavier waiting than China now which has a 20 trillion GDP which what I say the market is not the economy and you can see Samsung and that SK Henix I think is how you pronounce that having larger weights now than the entire country of India in this index and and clearly you just add up the first three South Korea, China, Taiwan and you're sitting at 65% right there.

[00:01:23]But there there's those two individual stocks sitting at 12%. India is like 11.

[00:01:28]But just because it's so skewed towards what these memory chip stocks and you'll see why. And MU did something I've never seen before at all. And it's always a year first. And this is a first, right?

[00:01:40]So MU over 20%. So $1 trillion market cap company. And I mean it moves like it's a midcap, right? You can see right there it smashes through 1 trillion. But the price targets, look at these price upgrades. You remember Sandish went from 1,000 to 2,000. Micron now from 535 to625. Again, I don't listen to analysts because I mean 535 I think it was trading over 750 today. I mean seriously, these things already way above what their original price target was, but this is a boost for the stock, right? And so these huge upgrades, it was the only one. We'll talk about another one just a minute, but I've never seen this before. I tried gamma pretty much all day. And you can see with Micron 340 million net call premium. The most I've ever seen is like maybe a little over 200. And this is what you call a gamma squeeze. Again, that's all we're seeing is these gamma squeezes. You see how the the net call premium just keeps grinding up and grinding up and grinding up. No, any kind of pullback gets bought up.

[00:02:41]Right now, there was a rumor today.

[00:02:42]Remember, see this portfolio right here?

[00:02:45]See, Micron, there's rumors saying that the government might take a position in this because of somebody a certain somebody owning it. And if you look on the wheel here again, we don't have to ever hear Nancy Pelosy's name ever again. What CEOs went to China? Well, every one of them are on this wheel.

[00:03:03]Okay. So, but that was the rumor on Micron today. And you can see it definitely helped bust right out of this. Came up into this 1.618 fib.

[00:03:13]That's where it stopped started to sell down. Again, it's a magnet, but it's also a good area to see a pullback to set that higher low. And just FYI, the next fib level up on MU is 983.

[00:03:25]And you can see Marvel, look at this one from 85 to 300 again. What was it trading at? Starting open almost 200 bucks, right? And so there's another one hit a major fib, sold back down, but it's just riding that 80 MA up, riding that 21. You can see it. I mean, anytime it gets, it's just these major major moves. The next fib level up on this thing is like 239.

[00:03:49]And so, watch out for that one. And and you know, these take breaks. You can see where we've taken breaks in the past.

[00:03:55]But until they start breaking those short-term moving averages, the trend is your friend. And every time it hits that 21, which ain't been that many times, you've seen some huge moves up until the next time it hits it or it hits the eight or whatever it is. You you can use the nine as well. You can use the eight and 20. Whatever makes you uh sleep well at night, I always say. And so this is another one's just pushing up. This one doesn't have anywhere near the kind of I guess earnings you can say as MU and probably SanDisk and something like that. But you know, it's just one of those ones where you can see major money pushing into this thing. And again, what you want to look for with these, we've kind of seen in the past, everybody's like, "Where's Microsoft? Where's this one? Where's that one?" We're going to get into Nvidia in a minute. the money that they're sucking up. These these memory chip stocks and these other chips are sucking up so much of the air in the room right now. When they do cool down, that don't mean they're crashing or anything like that. When they cool down, start consolidating or pulling back some, that's when you'll probably see the money do rotate. Where? Where's the safe money at? Into the Mag 8s, into your AB goes, which ain't doing much of nothing. Nvidia's been red. We're going to talk about that one in a second.

[00:04:57]Tesla's been getting some move ups. You got Amazon coming down to retest its flag breakout. you got uh Google right now is flagging so it might start moving. So, you know, but with Microsoft, I mean, I don't I man, I think until you see membership stocks and all these high beta space stocks and everything squeezing, you know, that's what it needs to really start to try to move. Okay. And, you know, you look at Tesla, you know, again, this one got up to the gap and the after hours is moving up because they were talking about a merger, at least Elon was, between SpaceX and Tesla. So, of course, that's got it moving up. I think it's 437 after hours, but it got right up to this gap.

[00:05:34]I thought it would push through, but again, it did not. So, we'll see. I'd be shocked tomorrow if we don't wake up and this thing's already in the gap tomorrow. If we do get a pullback pre-market, remember you got the zero DTE going to be flying off the shelf. I definitely expect that gap to fill, especially they keep trying to push this narrative of a merger between those two companies. And I'll tell you something to watch out for is this trend line right here. This is the all-time high.

[00:05:58]And you come down, you got two rejections here off of that trend line.

[00:06:01]And you also have that white hor horizontal resistance line right here.

[00:06:05]It's around that 450. So a nice round number. It's been many rejections at that area. And so, you know, if it starts to really push, I think that's when you're going to see a really big squeeze happen. And I think it's going to push it right up into that gap, which is around like 470 472 if I'm not mistaken. So definitely watch that area uh to see what happens. I think 450 is going to be the key uh to show a really huge like gamma squeeze on Tesla. And Nvidia here, you can see it's been going red the last I don't know few days, but it hit the bottom of this channel, retesting that 21 EMA right there, retesting the previous all-time high level. And so, let's see if this one finally gets some life back in it. Uh the king of chips and starts maybe trying to push to the top of this channel. That's what I watched for Nvidia right there. AMD, man. I think I think it did hit 500 today. This is another one next to those other one we just talked about. Again, hitting a major level up near that 1.618.

[00:07:01]So, you know, this is normally you see a pause. But lately, when you look at it, you start pulling the fibs on it. When it gets this area, there's some kind of news that comes out, it usually gaps it up above that, but if it's a normal stock, then a lot of times you will just see a pause right here. It's it's a magnet. It does happen on most stocks.

[00:07:19]So, if you pull back, just look for the test of the previous all-time high. And we're going to put this on here for the fun of it. It's a trend line, which you've seen multiple rejections off of going back to March of 2025 as this thing just went up. Hadn't even come close to it. Still got a move up to like 566, 575, even hit that. But I want to see what happens when it actually does hit it cuz that means it would have risen quite a lot. And this one actually almost touched that 21 EMA. Not quite.

[00:07:45]Again, it's riding the eight up. It's riding the 21. Trend is your friend until it's not. Okay, so we'll see uh if this one can continue to push up or we finally get a break on this one. Now, looking at space stocks, we talked about these last night. We've been talking about these forever. Okay, as at one point, I think it was up over 20%. Huge move up. Redwire, congratulations. I told members, I know they got tired of me talking about this one, but these are the ones I like to look quite for the lagards have these multimonth multi-year trend lines or a base like this and you just know you're going to get a squeeze if you're in the right theme and usually the strong ones will try to pull these up and that's what you've got to see right here but I will say this be careful because what you get to see with lunar day right remember these aren't if you saw just individuals move up not all of them you oh it's because these stocks are great these companies are so wonderful no it has nothing to do with that this is just a straight squeeze up on sector. That's why all these are going crazy. But look what happened to Lunar today, right? This thing right here got crushed down all of a sudden on some news, which we'll talk about in a minute, and drop like 28% in less than I think it was like 20 30 minutes. Having a nice bounce back. We're going to see if this one continues to start to squeeze up. But what happened was you had a contract was supposed to go to them. Everybody thought it was going to go to them. Well, guess what? Went to Blue Origin, right? Cuz I mean, how you going to compete with Blue Origin? You got freaking Jeff Bezos over there just like, you know, he knows whose pockets to grease to get contracts. I mean, it's going to be tough to compete with him.

[00:09:14]Same way companies like AFTS trying to compete with SpaceX because remember SpaceX actually takes their satellites into orbit. They pay I think it's 2530 million a launch to take them up. So imagine if the news hit and said SpaceX said, "Nah, we're good. We're not going to launch anymore for you." They're going to be left scrambling and of course stock's going to drop, but they're going to be left scrambling trying to use Blue Origin and some other companies to try to get those satellites up there now, right? So that's why SpaceX, they can take their own satellites. They can take whatever they want up there. So that's the benefit of that one. So, you know, these go up fast and they come down even faster. Okay? So we enjoy the ride where we can. You know, you see fly right here. It's another one we talked about a long time ago. It's breaking out. So again, it's all of them. It's all of them. But I just want to show you lunar show you how fast things can drop. And again, you can see the charts. I've showed this many times that most time when they pull back to set a lower high, it's like 20 to 25% drop. So, you got to be buckled up for those. And you see Rocket Lab is still moving up, but not as much because it already set a new all-time high right here. And before I get into earnings, uh, real quick, I did do, you know, what I call or what everybody call, I guess, uh, the civilian Murf because I'm not doing that 20 pound weighted vest. I may try that next year, but I started about 7:41. And here's a few videos of me looking like I'm about to die. Well, a little over halfway done push-ups and pull-ups. I'll keep you updated if I finish these and head off for the last mile. Home stretch. Almost there. I'll let you know what I get when I get there. All right. Ended up I don't know what last year's time was, but ended up with 368. My goal was 5 minutes off last year's time. I have no idea what that is.

[00:10:53]>> My time just in case.

[00:10:55]>> I achieved that goal. So, I was happy with that. I am super sore today. Uh, but again, if you never done one, ease your way. This is not any kind of health advice or anything, but don't you dare try to go out there and and do that thing. Ease your way into something like that. Uh, and so, you know, I plan on probably next year my son's like, "Hey, he's pretty young. They'll be like trying to try to do it." And I was like, maybe I get him a half Murf or something, you know, uh, where he can do, cuz trust me, once you start to get to like the 8th, ninth, 10th set of those pull-ups, man, that stuff gets kind of tough unless you're really good at them. So, uh, but I enjoy doing it and and dedicating it to the troops and stuff.

[00:11:32]So, anyway, just want to put that out there to you. Hope it inspires somebody to go do something like that. Uh, now earnings tomorrow got Dick Sporting Goods, Bath & Body Works, Abbercrombie and Fitch, and then the afternoon there's Marvel. Salesforce, Snowflake, uh HP is another one. And some of these have big moves like Marvel who's already moved up unbelievably. They're expecting like a 15% move on that one and about a 15% move on Snowflake. As far as data, Richmond manufacturing index and ADP weekly employment change is the only thing you got to worry about. And so that is everything. Do me a favor, please hit that like, subscribe button on your way out. And sign up with the membership only $7.99 a month, $85 year.

[00:12:12]It's everything you get with it. Just hit the first link down at the bottom description if you like to support the channel and I'll see you guys Tomorrow.