Episode Details
Back to Episodes
SPCX IPO Frenzy & Crude Crash: Monday Trade Setup
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.