The Bull Market Got Weird
This is one of the most bullish markets we’ve ever seen. But there is something weird going on: Sami goes over: What makes this bull market a bit odd How to know if there will be a reversal Why he is being more cautious A defense name with an incredible monthly chart A drone name with a very hot weekly chart 5 attractive shorts And more!
Continue Reading -->SanDisk Can Hit $2,000
JR Romero has nailed SanDisk (SNDK) over and over again in 2026. But can it hit $2,000? Yes, for the simplest reason possible: Also learn about: The unique supply-demand dynamics pushing SanDisk up Why SPX can hit 8,080 Why he shorted Dell (DELL) early today The red-hot action in software Why JR does not dabble in prediction markets And more! P.S. Want to rock the market before 7 am ET? Then check out JR Romero’s new Premarket Pit VTF®.
Continue Reading -->Dell Is Partying Like It’s 1999
The stock market hit record highs again this week as AI-mania won’t stop. And the funny thing is, the tech highflyers of the late 1990s are dominating 2026, led by names like Dell (Dell). Yes, Dell. Dell Is Partying Like It’s 1999 It’s 1999 all over again. The New York Knicks are in the NBA finals. Kids across America are wearing Doc Martens. And Del is once again a stock market darling. On Thursday after the close, Dell dropped a huge earnings beat with shocking forward guidance thanks to momentum in its AI server business. And now the stock is up 234% year-to-date, making it the 3rd best name in the S&P 500. Furthermore, look at this list of the best-performing S&P stocks: Many were late 90s dot.com favorites, including Ciena (CIEN), Texas Instruments (TXN), and NetApp (NTAP) in there. What goes around comes around. Turns out that AI is driving demand for memory, processors, and networking tools. Just like the Internet explosion did. And on a random note, I looked up what happened to JDS Uniphase, another 90s superstar. In 2015, it split into networking names Viavi Solutions (VIAV) and Lumentum Holdings (LITE). Both are AI monsters, up well over 100% this year: The Software Short Squeeze Software has made a massive rebound from the April lows, when the “AI will eat software” theme caught fire. The iShares Expanded Tech-Software Sector ETF (IGV) is now up 29% from its 52-week low on April 10. And interestingly, the average individual name in IGV is up a whopping 65% from its 52-week low. Some examples: D-Wave Quantum (QBTS): +133% Datadog (DDOG): +133% Palo Alto Networks (PANW): +84% Oracle (ORCL): +51% ServiceNow (NOW): +34% And interestingly, it looks like the software rally was at least partly a short squeeze. Of the 106 stocks in IGV: 30 have short interest over 10% 75 have short interest over 5% And because of heavily shorted individual names like SoundHound (SOUN) and MARA Holdings (MARA), the average stock has short interest of 8.9%. For comparison, the average QQQ name has short interest of just 3.4%. Remember Rate Cuts? Seems like just yesterday we were thinking about how many times the Fed would cut rates in 2026. But the CME’s FedWatch tool shows traders are now pricing in a 0% chance of rate cuts until July 2027. So presumably, the market does not believe new Fed Chair Kevin Warsh will automatically cut rates as President Trump wants. Today’s PCE Price Index Report showed that inflation accelerated for the 3rd straight month to 3.8%. Excluding food and energy, it rose 3.3%. Because everything is more expensive. Oil, imports, insurance, healthcare, etc. No wonder consumer confidence is in the dumps. The Bulls Are Not That Bulled Up The $SPX just hit a new record high at 7565, but are investors euphoric? Nope. The latest AAII Sentiment Survey shows that just 35.6% of investors are bullish. This is the 2nd straight week of below-average bullishness. Meanwhile, CNN’s Fear & Greed Index is at 61/100, showing modest greed. However, the options market is showing elevated bullishness. The CBOE equity put-call ratio was just 0.43 Wednesday, which shows low demand for puts. But add it up, and it’s hard to say sentiment is anywhere near euphoric.
Continue Reading -->SWMR: Up 100%, What’s Next?
Two weeks ago David Prince told us Swarmer (SWMR) was finally at a buyable level. The stock was trading under $27 at the time… and this morning it hit $60. A 122% move! David explains what he sees next for this name and the broader drone space: David also covers: Why “management is everything” for the SWMR story What’s next for chip stocks like AMD, SNDK and NVDA If this week’s AI news changes the future for META Why he likes ORCL here Whether quantum stocks like IONQ and INFQ can keep going higher Why he believes you shouldn’t “marry” stocks And more! Apply to work with David inside the Inner Circle VTF® now.
Continue Reading -->I Love This Rotten Shoe Stock
Nike (NKE) is down 30% year-to-date, making it one of the worst names in the market. But Sami Abusaad likes it. And in a major surprise with Sami, it’s not about the chart alone: Sami shares: What could create a double top in the market Why the semis may have topped out What he likes about Nike 2 software names he likes A solar name with a phenomenal setup A class of financial names that look sloppy across the board And more!
Continue Reading -->Nvidia, Tesla, and the Death of Mag 7
Nvidia (NVDA) just reported, and Tesla (TSLA) has been in rockstar mode. Are they still buyable? And is Mag7 dead? We discuss: We also go over: The tricky details inside the SpaceX IPO Where the semiconductors are going next The importance of a rock-solid premarket routine Why tech has been so strong Our favorite names And more!
Continue Reading -->Will SpaceX Kill the Market?
What a week! Nvidia (NVDA) closed out a whopper of an earnings season, SpaceX is coming public, and the bulls kept us within striking distance of all-time highs. So I’ll ask a dangerous question. Will SpaceX Kill the Market? Elon Musk’s SpaceX dropped its IPO filing this week, revealing billions in losses and a sky-high valuation. And there’s other issues, like index companies changing the rules to get SpaceX into mainstays like the S&P 500, and Elon sucking up the voting power for himself. Does anyone care? It’s tricky to say. We surveyed the T3 Live community this week and asked “Do you want to buy SpaceX when it comes public?” 39.7% said yes, and 34.4% said maybe. And at the start of the year, we asked our audience “Which IPO are you most excited for?” 64.1% said SpaceX 28.2% said OpenAI 3.8% said Anthropic Given what looks like red hot retail interest and Elon’s games with the index providers, I will do my best to get some SpaceX shares before the IPO. Because it looks like the game may be rigged for the stock to pop. No guarantees because it’s common for high-profile IPOs (like recent new issue Cerebras) to sell off after hot debuts. News reports indicate that OpenAI and Anthropic will also come public this year. But there is a danger here – that a surge in new issues could contribute to a market top. SEC data shows that market tops coincide with strong IPO years like 2000, 2007, 2014, and 2021. And we are looking at three generational IPOs coming public in 2026. I’m a little scared myself, though I am trying to scoop up some SpaceX shares myself. What can I say? I love me some Elon Musk drama, which is why I’m long Tesla (TSLA). The Mag 7 Mixup Is Fascinating Mag 7 earnings are amazing. The stocks are another story. FactSet just dropped a new set of Q1 earnings season numbers and they point to Mag 7 dominance. All Mag 7 names beat earnings expectations, with EPS growing by 63.2%. For the other 493 S&P 500 companies, earnings grew by 17.4%, which was impressive by itself. However, 2026 has been a mixed bag for the actual Mag 7 Stocks. 3 of them are down YTD, and the average return is +6.5% vs. +17.5% for QQQ. The discrepancy comes in semiconductors. Nvidia is the only Mag 7 semiconductor stock in a year with SMH up 61%: Nvidia’s Selloff Was Normal On Wednesday, Nvidia reported its 14th straight earnings beat. And the stock fell -1.8% Is this unusual? NOPE. That the 4th straight time Nvidia sold off the day after earnings, despite another solid beat. Here are Nvidia’s prior 8 post-earning reactions: 4Q 2026: -5.5% 3Q 2026: -3.2% 2Q 2026: -0.8% 1Q 2026: +3.3% 4Q 2025: -8.5% 3Q 2025: +0.5% 2Q 2025: -6.4% 1Q 2025: +9.3% Source: Koyfin The stock is a toss-up after earnings. And as you can see, it’s been more down than up. This makes sense, because the stock is widely followed and loved. And Q1 was jam packed full of huge earnings beats from the AI complex. Who was shocked that Nvidia’s still doing well? There Is a Bear Market in Euphoria The latest AAII Sentiment shows that just 31.7% of investors are bullish. This is below the long-term 37.5% average, despite the $SPX remaining in striking distance of the 7517.12 all-time high set last week. Meanwhile, CNN’s Fear & Greed index is at 61, indicating modest greed: This is a positive for the market because it shows a lack of euphoria. You’d think investors would be more bullish because of a mild easing of Middle East tensions and crude oil slipping. But perhaps the crowd is more concerned about inflation and the Fed. Either way, market tops are often (but not always) market by overly bullish sentiment. We are not even in the neighborhood of bullish. Speaking of the Fed… Rate Hikes En Route? While President Trump has been adamant we need lower interest rates, the market is pricing in higher rates following a series of hot inflation readings. The CME’s FedWatch Tool now shows the market is pricing in a 0% chance of lower rates at year-end: Plus: 29.9% chance of rates staying the same 70.1% chance of rates going up And that 70.1% is divided up as follows. 42.4% chance of 25 bps in hikes 22.1% chance of 50 bps in hikes 5.2% chance of 75 bps in hikes 0.5% chance of 100 bps in hikes So why is the market so strong? Shouldn’t the prospect of higher rates hurt equities? For now, investors and traders are focused on booming corporate earnings amid a major AI-driven capex cycle. Rate expectations can change drastically month-to-month, but the earnings/AI story ain’t going away.
Continue Reading -->T3 Wrap Up – I Shorted Micron. Here’s Why.
See why Sami shorted Micron here Sami Abusaad believes the market topped out. And he just shorted the greatest stocks on Earth. Get the list now. Sami goes over: Why he bet against the red-hot semiconductors like Micron (MU) and more What to watch for on Monday’s close The problem with IWM right now His #1 long idea, a healthcare play His potential downside targets for SPY and QQQ Learn the 3-step process to “automate” your futures trading Many stock traders worry about buying the top. Futures markets run nearly 24 hours a day, allowing traders to react to breaking headlines, trade the overnight session, and position for whatever comes next. Dan O’Brien, from our sister company Prosper Trading Academy, added a nice little twist to following the futures market: He developed an algorithmic platform that’s designed to “automate” futures trading in 3 steps. Tuesday at 7 PM ET, Dan is going live to walk through this exact process step by step, which helped his futures trade signals show 10X results in 2024 and 2025. Sign up for the live training here.
Continue Reading -->Shorting the Greatest Stocks on Earth
Sami Abusaad believes the market topped out. And he shorted the greatest stocks on Earth. The raging semiconductors. Find out why he targeted these names in particular: Sami explains: Why he shorted red hot semiconductor names like Micron (MU), AMD (AMD) and Intel (INTC) What we need to see from Monday’s action His potential downside targets for SPY and QQQ, if the bear case triggers Where IWM could go The buy setup in Duolingo (DUOL) The healthcare play that is Sami’s #1 name right now And more!
Continue Reading -->T3 Wrap Up – Nvidia: The Big Question Changed
See the 5 Things You Need to Know here With Nvidia, we used to ask “how long can Microsoft and Meta keep buying more chips?” The question we’re asking now is 180 degrees opposite. See why here. We go over: Why the stakes are high for Nvidia Why the Fed is now the world’s most powerful mystery machine An offbeat bull case for Robinhood The shocking surprise about earnings season Whether people are going gaga for the market And more! Claim Your 5 Days in the Premarket Pit VTF® We’re getting questions about the Premarket Pit VTF® Open House which kicks off Monday morning at 6 am ET. The biggest question is why 6 am? Because we’re seeing more stocks move huge that early in the morning. And nothing wakes you up faster than a stock flying 30% in 6 minutes. Beats 10 cups of Starbucks. The next question is “do I need a special broker?” You should be good as long as you can trade pre-market. When in doubt, ask your firm about your eligible hours. And if you don’t know what the premarket is, skip this event. It’s not ideal for beginners. This is the first time we are offering a 5-day pass to Premarket Pit. Again, we can’t emphasize enough: this is for early birds that want to catch whales. Not beginners. We go live at 6 am ET and end around 8:30. If that’s too early for you, no hard feelings. But if you want to go whale-catching with JR & the boys: Sign up for this event now.
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