David Prince Loves HOOD Longterm
David Prince just declared Robinhood (HOOD) a favorite for a long-term hold. He explains what he likes about the story and the stock: David also covers: How to trade HOOD short-term What he’s learned from the beginning of this earnings season Where Micron (MU) and SanDisk (SNDK) are headed Why now isn’t the time for stories like CCXI How he nailed KORU overnight this week The strength of MAG7 His strategy for entering trades And more! Get David’s free weekly newsletter for more insights.
Continue Reading -->The Fall 2026 Pristine Mentorship Is Open!
Sami Abusaad and James Rich Young’s next Pristine Mentorship is on the calendar for October through December 2026. 3 of 30 spots for this one-of-a-kind event have already been taken. This is the ultimate “Earning and Learning” Mentorship for 2 types of traders: Newcomers that want to go all-in and learn a complete system for success Intermediate traders that want a fresh start Sami and James start by teaching you their technical analysis system from A to Z. Then they move on to more advanced topics. And you join specialized group coaching sessions so you can work on your personal trading style. We’ve had attendees from 23 countries across 5 continents. We’re talking everywhere from the US to Belgium to Hong Kong to Sweden to Kazakhstan. 3 Reasons Real Traders Love the Pristine Mentorship Apart Our Mentorship programs have always gotten fantastic reviews. But our 2024-2026 cohorts surpassed the most optimistic expectations, because we added: 1) More Expansive Training with Sami Abusaad and James Rich Young Pro trader James Rich Young leads the Pristine Active Trader Virtual Trading Floor® alongside Sami. And here’s a fun fact; James attended Sami’s 2019 Mentorship. Soon after, James stepped up help Sami lead the VTF@ community, and now he’s one of your teachers. He’s the ultimate example of a student becoming a master. 2) Live Specialized Coaching Sessions with Sami and James Our past Mentorship Programs did not include specialized coaching sessions after the initial week-long event. That’s changed. Now you get 5 exclusive LIVE group coaching sessions to set you up for long-term success. You’ll get to ask these two top pro traders anything you want. So you can solve your greatest trading challenges, and build on your personal strengths. Sami and James bring you right inside the reality of pro trading. You’ll hear about the good, the bad, the ugly — and everything in between. If you have questions, they have answers. 3) From 5 Days… to One Year of Trading & Learning with Sami and James The classic Mentorship Program lasted for 5 days. And yes, traders LOVED IT. But in our quest to create the greatest learning experience in our history, the Mentorship program now lasts 6 weeks. And as part of your enormous bonus package, you get a year of access to the Pristine Active Trader VTF® so you work with Sami and James for an entire year. That gives you additional coaching for a whole year. That is 12 months of growth for you. So What Stays the Same? The Earning and Learning. The heart of the Mentorship experience is your ability to earn and learn. Yes, we want you to learn everything you need to know to earn a consistent, large income in the markets. But your goal should be to be profitable as soon as possible too. On day 1, if you can. We can’t promise you specific results, but that’s what we shoot for. That’s why live trading is a core part of the Pristine Mentorship. This isn’t just another weekend seminar where the instructor looks like a genius because he tells you what just happened. Sami and James show you their ideas in real-time, live without a safety net. So you can see their strategies working in real-world conditions using real money. Go here to learn more about this amazing trading mentorship.
Continue Reading -->SanDisk Is Going to $2,700
Apply for JR’s Gold Mentorship Program Here JR Romero is 100% bullish on AI. And he makes multiple bold predictions in this video, including a call for SanDisk (SNDK) to hit $2,700 this summer: JR also goes over: Why Micron (MU) is also on the verge of a big rally Why he just loaded up on the beaten-down Oracle (ORCL) The reason SpaceX (SPCX) is going to $60 The bull case for SpaceX over the long-term The big problem with the crypto space P.S. Learn about JR’s Gold Signature Mentorship in this video:
Continue Reading -->Tesla Beats SpaceX
Tesla (TSLA) chart is not perfect. But it can hit $495+ as a long-term play. And on the flip side, SpaceX (SPCX) looks bad and Sami is short. Sami explains why he is playing these Elon Musk stocks both ways: He also goes over: The challenge with Iran right now Why the trend is still bullish An online dating name that has big potential on the monthly chart A beaten-down payments name that can power up Where Roblox (RBLX) can go next The bear case for Michael Saylor’s Strategy (MSTR) And more:
Continue Reading -->The 5 Horsemen of the AI-pocalypse
What a week! We may have peace in the Middle East, SapceX is fighting for its life, and we have a new AI powerhouse trading in the US: Meet the 5th Horseman, SK Hynix I called these stocks the 4 Horsemen of the AI-pocalypse: SanDisk (SNDK) Micron (MU) Western Digital (WDC) Seagate (STX) AI has created unprecedented demand for storage and memory to the point that they comprise 4 of the 5 best S&P 500 stocks this year: And now we may have a new horseman in the form of South Korean memory giant SK Hynix (SKHY), which had a blockbuster US market debut Friday. The $26.5 billion deal priced at $149 per share, and the stock was trading around $169 as of 2:33 pm ET. Pretty solid first day. And CEO Kwak Noh-jung is telling the right story. He told Reuters “We forecast that next year will be the worst year in the industry’s history from the supply perspective.” And he added that demand will exceed supply beyond 2030. Nothing drives momentum like a massive supply-demand imbalance. So I’m making SK Hynix a probationary “5th Horseman of the AI-pocalypse.” Get David Prince’s take on SK Hynix here: Meanwhile, another high-profile IPO is fighting its own battle: SpaceX Fights for $150 We all know the bear case for SpaceX (SPCX). IPO lockup expirations will flood the market with shares. The valuation is outrageous. The Nasdaq 100 addition didn’t help the stock. At the same time, it is stubbornly holding the $150 area: That looks like a major psychological line in the sand. And maybe this situation is as simple as a hard break above or below this level will dictate the next big move. For more on SpaceX, check out this video: And since we’re on the topic of IPOs and AI… Bank Earnings Should Be HUGE This Year This coming week, we get earnings from the big banks like JP Morgan (JPM), Goldman Sachs (GS), Bank of America (BAC), and Morgan Stanley (MS). And now that I think about it, maybe the banks are a stealth AI play. Especially the capital markets focused names like Goldman and Morgan Stanley, which are up nicely in 2026: Aside from the massive SpaceX IPO and the prospective OpenAI and Anthropic deals, there’s been a ton of capital markets activity related to AI, like: Alphabet (GOOGL) raising $85 billion in equity Oracle (ORCL) raising $40 billion to help fund its AI buildout Super Micro (SMCI) raising $7 billion to buy components to fill new $39 billion in AI server orders According to Crunchbase, global venture funding hit $510 billion in the first half of 2026. That compares to $440 billion for all of last year. Crunchbase also said that this is the strongest exit market since 2021. All this capital markets activity should mean fat fees for Wall Street banks. Earnings Season Is About to Go BOOM Q1 earnings season was huge, thanks to massive beats in tech, particularly in the semiconductor industry. As noted above, this coming week, Q2 results kick off with the likes of JP Morgan (JPM), Netflix (NFLX), and ASML (ASML). I’d argue ASML is the biggest report of the week since it sells into the AI/Semi giants like Samsung, AMD (AMD), SK Hynix (SKHY), Micron (MU), Intel (INTC), and Taiwan Semi (TSM). Note: Taiwan Semi also reports next week. There’s a whole lotta optimism out there. FactSet data shows that 111 S&P 500 companies issued guidance. 57% issued positive guidance, well above the long-term average of 41%. This is the highest percentage of companies issuing positive guidance since Q3 2021. And tech guidance is at a record high. Analysts are also pumped. They are now estimating 23.3% growth, up from 18.8% on March 31. And looking forward, Q3 growth is forecast at 26.8%, and Q4 is 24.1%. This is bad. Because the bar is very high. Plus, if results come in as expected or better, we are going to be facing some tough year-over-year comparisons next year. But even as companies and analysts are positive, investors and traders show no signs of joy: Sentiment Remains Neutral The AAII Sentiment Survey shows that 36.3% of investors are bullish. This keeps sentiment in neutral territory. And while we’ve had a few positive or negative readings here and there, there hasn’t been a true extreme reading (in either direction) since early 2025. Meanwhile, the CNN Fear & Greed Index is at 47, smack in the middle at neutral. On balance, this is all bullish because it shows little euphoria on the part of market participants.
Continue Reading -->Why SpaceX Stinks to High Heaven
Apply for JR’s Gold Mentorship Program Here We asked 3 traders what they think about SpaceX and they all said the same thing. Hint: nothing good. We go over: Why SpaceX will break the key $147 to $150 area Whether SK Hynix is a major force in the semiconductors The bull case for the semiconductors And more! P.S. Learn about JR’s Gold Signature Mentorship in this video:
Continue Reading -->Big IPOs Are Big Business on Wall Street
I’ll never forget the lessons I learned about Wall Street during the Facebook IPO in May of 2012. I was the newest guy on the desk at a prop trading firm, and it was the summer of the PIIGS Euro debacle and Draghi’s “Whatever it takes” speech. It was a chaotic backdrop for the most anticipated IPO in decades. The FB offering was huge in terms of shares, and one trader on the desk had an allotment of shares in his personal account. The offering price was $38, and in the premarket, it couldn’t hold above $43. The guy with FB shares was an amazing trader with superb instincts. He sold his shares at the open because he didn’t like the way the stock was acting. The stock had a brief spurt higher, then sank the rest of the morning. By mid afternoon, it was approaching the IPO price. We all saw how weak it was. We watched in amazement that there wasn’t any demand to keep the price above the initial offer figure of $38. As the price slowly approached the offering price, more and more volume came on the offer. Massive quantities of shares were being dumped in the most overhyped IPO since the .com era. It seemed to take forever for the price to get down to $38. Penny by penny it sank listlessly. We all knew it was going to break below the figure, and then, out of seemingly nowhere, infinite sized bidding came in at $38. Every single share that was offered was met with an inert floor of demand at $38. Price never went one penny below the initial offer that first day of trading. That was the underwriting syndicate bidding in infinite size for the stock. This is the lesson I learned that day: Wall Street will not allow itself to look bad to the public. By sheer force of will, the money will be found to support shares that need to be supported to keep a proper image in the investing public’s eyes. This is the way in which Wall Street professionals operate. A retail trader like myself can only watch in admiration at the way they handle their business. I’ve never forgotten that day, and I’m reminded of it now as we move beyond the SpaceX IPO and into the IPOs of OpenAI and Anthropic. I still hold the view that we are in the contraction phase of the economic cycle, but I don’t think the market has a window to move down significantly until after August, and likely not until after the November midterms. Those dates are far into the future, and not our concern for the present. For the moment, Wall Street has at least two more big IPOs to work through, and I am supremely confident that the professionals on the street will make the IPOs a success no matter what. So while I am growing increasingly bearish as we move into the second half of the year, I am still aware of the realities of the business of markets, and it’s bad for business when stock prices go down. I’m still in mostly cash, but you can’t make money if you don’t have a position so I’m looking for some positions that I can work into. I’ve analyzed all my trades for the 1st half of the year, and it’s amazing that March was my only down month considering how disappointing some of my entries and exits have been so far this year. The only reason I’m still in good shape this year is because I stick to a discipline. I intend to keep sticking to what has worked for me so far. My discipline is to only buy two types of setups: technical breakouts in good price structures when the $SPY is above its 8 and 21 day moving averages, and large positions in stocks that I like fundamentally. The breakout trades are tactical, and as such, I keep a constant risk size in those, without letting any position get bigger than about 7.5% of the total account. These trades produce positive cash flow on average and keep me involved in the game to feel how things are developing. These are generally less than a 3 month average holding period. My position trades are different. Those are where the vast majority of my gains come from, can make up 90% of my account, and are generally a 9-18 month average holding period. Since we are not yet in a period where the $SPY is trending nicely above a rising 8 and 21 day moving average, I’m focusing less on breakout trades and more on working slowly into some stocks I think could weather the coming storm later this year. I only feel comfortable holding large positions in stocks that I can analyze as having some compelling value. There’s several stocks I like in this regard. I’ve already shared the pipeline companies I like because their asset base is irreplaceable and should hold value through a downturn, then soar if and when the Fed is forced into yield curve control and inflation breaks out in the years ahead. In keeping with the hard asset theme like pipelines, I’m also looking for companies that own assets and trade around book value. If the assets on their books are priced properly, they should have limited downside in the deflationary event that is my current base case. Here are some stocks I’m stalking to find a small, low risk entry now with a plan to build a much larger position over time if these initial buys don’t get stopped out: $RYN trades at 1.2x book value, and it yields about 5%. But it is tied to housing which I’m not bullish on until rates come down so I’m in no rush to take offers on this one. I’ll place small bids below the market once rates on the 10 year treasury find a good top. $NTR trades at 1.4x
Continue Reading -->How to Trade the SK Hynix Debut
South Korean memory chip maker SK Hynix makes its debut on the Nasdaq Friday. David Prince shares his expectations for the listing and how he would trade the name that day: David also covers: How SKHY will impact other names like MU and SNDK Why he’s been trading CCXI The reason he sees new highs ahead for AAPL Why next week will be big with earnings from TSM and ASML His favorite setups right now And more! Join next week’s Inner Circle VIP Open House!
Continue Reading -->Learning Is Not Trading
Apply for JR’s Gold Mentorship Program Here Learning is important. But don’t mistake it for actually trading to earn money in the markets. An aspiring surgeon does not obsess over tools. They obsess over developing the skill of surgery. The same is true of trading. So many newbies obsess over charts but don’t make money. See why: JR explains how finding the right mentor can help you overcome this unique problem. That’s how you get past your bad habits, and build your P&L the right way. And once you’re done with this video, learn about JR’s Mentorship Program Here:
Continue Reading -->The Secret to True Trading Confidence
Apply for JR’s Gold Mentorship Program Here JR Romero shares the #1 secret to building confidence as a trader. And it’s all about the sweet taste of victory: He shares: Where true confidence comes from When your state of change will happen Why you need to consistently study your trades And once you’re done with that, learn about JR’s Mentorship Program Here:
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