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I am actually in MEU which which makes it a little bit easier. So I'm trading other things and I'm teaching and I'm coaching and I'm getting interviewed. So MEU is a little easier to handle.
You know, obviously you have to take more size to make money. So this is an ETF. Yes, percentage- wise it's it's different. So, I'm in this and I'll probably add had a good buy yesterday and uh this low here for MEU is 29.66.
So, if you want to put 2966 there, um that's a good spot.
We did that earlier this year with Salesforce and Microsoft, and now we're doing it with Airbnb, Booking and some other stocks.
Let's talk a little about Booking, as one of our guests discussed it previously. It is a company in which I also own shares , with full disclosure, but it appears to be influenced by artificial intelligence, or at least that's how it seems.
Are you optimistic or pessimistic about Micron's earnings? We will take a look at the expected move tomorrow, because they will announce their results tomorrow, and that is exciting.
We will be looking at the MU index, but given the approaching earnings announcement date , we will also take a look at the SPX index.
Kagra continuing to come lower here, guys. So again, this is probably pricing pressure in related to their earnings. Kagra maybe not so good here. And again, if you think about it, the input cost, food and energy, right?
I mean, Kagra's got to ship all its TV dinners or whatever it is to to stores. Those costs are going up. The cost of food is going up. How much can you raise the price of a TV dinner before people start just saying, "Hey, listen.
I'm just going to cook it myself." Um, or do the best I can. And so I think there's a lot of inflation pressure on Kagra.
Um, but again, with Micron earnings after the bell, we'll have to watch and see what happens.
Lastly, Micron. Micron looks to be opening slightly higher today. Today it will report earnings after the bell. This is probably the biggest earnings report we've had in weeks at this point.
Um because it's a trillion dollar company now and it's Micron. Everyone knows Micron. Upside. If we rally on earnings, there's a gap fill at 1150. That would be major resistance.
On the downside, I'd be watching this trend line. Look at this beautiful ascending trend line just below a,000. So those are that's resistance and the one below is support. Those will be in the after hours levels that I'm toning in on now.
We view Moderna as a "sell" product. Citigroup gave it a "sell" rating today. This comes after Moderna's recent strong performance, thanks to some positive trial results . They have downgraded its rating to "Sell" from " Neutral".
At the same time, they raised the target price for the stock, but only to 80. This is a rise from 60. So, their outlook wasn't very positive before today. This means a potential drop of more than 60% from yesterday's closing levels.
There are other companies where artificial intelligence or self-driving is expected to revolutionize them, such as Uber. I think there are fields, and that's an incredibly interesting name.
You are paying less than the market price for a company that is growing at 20-30% annually.
Easy profit is asking Tesla vs. SpaceX.
For a long time, I wasn't keen on trading Tesla stock, but I believe in its long-term growth. I also believe in both SpaceX and Tesla , and I think the technology they have is interesting.
On the other hand, the negative argument against the two companies is that the technology is available to everyone, and that Elon Musk's departure will cause their stock price to fall over time.
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