SPCX - nice pop in the last few minutes

SATS- I made $$ on this but I'm skeptical. Been flirting with this 9-month trend line and there is A LOT of open air below. If we lose 104 / 200-day area, there's not much support below.

SpaceX - My read is that those plays were previously the only game in town for most people to gain exposure to SpaceX. The IPO completely changes the liquidity dynamics. Why would you continue to own the proxies (and their company risks) when you can just buy what you always wanted? 

If you are bullish on the space sector in general, I think that is a reason to hold some those other companies, but the SpaceX proxy game is ending.

URA - Falling outta bed...

HPE - HUGE pop...

HOOD- Blasting out of the wedge.

EEM- Holding support at the .236 and the 20-day. Wouldn't be surprised if it dips a few more bucks, closer to the 50-day. Like to see the MACD recycle a bit more...

SATS- nice C&H formed

Don't forget your weekend hedges...

You'll want deep OTM Calls, probably 0DTE. 

This will safely hedge your FOMO next week when we find out the Straight of Hormuz has been permanently filled with sand, causing the market to go limit up.  

Elliot Wave - I think the real benefit of EW is in the macro picture. It's about knowing what Wave you are currently in and what to expect as far as price action during that Wave. Think weekly, not daily.

We're in Wave 5, Impulsive. Being a little conservative will likely be rewarded. When we get to Wave 1, maybe be more aggressive. That's great macro knowledge to have. It tells as WHAT to expect now and next (but not WHEN). EW is not an everything tool... use it for what it's meant for and rely on a multitude of other indicators.

FLY- Ugly Candle after overall good earnings. Profit taking.

AMZN + MSFT looking better now... both up AH. META still whacked.

We'll see where everything opens in the AM.

SPY Systems - Are they still closing out for SPY/ES?

SATS- Down to the 50MA and the 61.8 Fib

It's like the war is already over...

SATS- nice divergence now at logical bounce level on the 30 minute chart. Low risk entry, put a stop below yesterdays lows.

FLYYQ - From someone who knows a thing or 12 about bankruptcies... ha!

Spirit Bankruptcy... no more: https://finance.yahoo.com/markets/article/trump-administration-reportedly-close-to-a-deal-to-rescue-spirit-stock-surges-153105806.html

SATS- Setting up for a C&H (2nd time is a charm)? 

Nice retest of the initial resistance level. Would like to see MACD, Stochastics reset a bit more. Maybe eyeing that 50MA below for an entry.

SNDK - pretty normal check back to the 9EMA... may finishing this 7 day consolidation?

APD- I like APD for a helium play... there aren't many. It's been struggling at $295-300 for the last 2 months.