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SPCX IPO Frenzy & Crude Crash: Monday Trade Setup

SPCX IPO Frenzy & Crude Crash: Monday Trade Setup

Season 4 Episode 42 Published 3 weeks, 4 days ago
Description

Here is the trade setup for the Monday open.


🚀 Stocks to Watch:

- SpaceX (SPCX): Sizzling post-IPO momentum on Elon Musk's bold revenue projections.

- Micron (MU): AI-driven semiconductor rally as 2026 HBM capacity completely sells out.

- Ferrari (RACE): Upgraded to Overweight at Morgan Stanley following temporary selloff.


📉 The Levels:

- S&P 500 September (/ESU26): Support at 7,500 - 7,520 | Resistance at 7,600

- Nasdaq September (/NQU26): Support at 30,000 - 30,100 | Resistance at 30,500

- WTI Crude Oil: Plunging over 5% on US-Iran ceasefire framework.


Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.

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