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DRAM Stocks, Tesla, China, and Massive Volatility Coming Tomorrow

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$SPY hit a new all time high of 740.79 but massive volatility looms as tomorrow's inflation data is expected to jump to 3.7% behind a 50% YTD surge in gas prices. Tesla ($TSLA) is currently outperforming with analysts eyeing a 500 price target as Elon Musk joins a high stakes delegation to China this week to potentially secure FSD approval. Meanwhile the AI infrastructure boom has moved beyond GPUs creating a memory bottleneck that has fueled a 95% rally in the $DRAM ETF. Geopolitics remain a major headwind because President Trump recently rejected Iran’s ceasefire proposal as garbage while global oil inventories approach operational stress levels. Despite these risks the S&P 500 is on a historic six week win streak a pattern that has historically signaled an average 17.1% annual return. We are also watching the Philly SOX index which is a staggering 60% above its 200 day moving average a level of overheating seen only during the 1995 and 2000 bubbles. The upcoming Trump Xi summit on May 14 15 will be the ultimate litmus test for tech exports and rare earth minerals. Any 10% pullback should be viewed as a primary buying opportunity in this secular bull run.

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0:00 Big Implications for Tomorrow
12:00 Favorite Setups & Predictions

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DISCLAIMER: Nothing in this video should be deemed as financial or investment advice. We are just giving our opinions. Everything said in this video is for entertainment purposes only. Do your own due diligence before making any trading or investing decisions. Some links included in the description are affiliate links. If you purchase something through those links we receive a small commission. This doesn't cost you anything extra and the affiliate links actually give you access to special discounts. Thank you for your support!

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