My automated system overnight had a glitch, so you won’t get the AI-generated summary of every cashtag’ed Tweet from the cream of the crop.
However, today you’ll get the second part of what I hope to include with these daily Fintwit Alpha updates: the human part.
Below are the trades the caught my eye as the best setups. The first two are trades that I am planning to take at open. For both I think I might be just a tad early, so I will start with a medium-sized position and then be hoping it gives me an opportunity to make it a bigger position lower.
But first, the most exciting part of my day is the CCCX CEO’s AI/QC keynote at Nvidia’s conference at 10:40 am. Here’s the description:
Matthew Kinsella will be a featured speaker in the keynote pregame session on “AI for Science and Quantum” at 10:40 a.m. EDT on October 28. Kinsella will discuss how the convergence of quantum and emerging AI advancements will shape the future of hybrid supercomputing, drawing on Infleqtion’s experience deploying quantum systems in real-world applications.
There have been BROAD hints by Infleqtion that the presentation will be a surprising announcement of progress in using Quantum in traditional algorithms making QC commercially relevant NOW, not 5-10 years down the road. That’s why it’s one of my largest positions because if the market discovers it, there is no reason its marketcap shouldn’t re-rate to $100+/share as I believe they are far ahead of all their peers.
NVTS / NVTX
And then here’s my chart and trade plan. My options account is locked and loaded without any cash, so I’ll be playing this in the commons-only accounts, using the 2x ETF:
ARM / ARMG
@ZaStocks is one of the best swing traders in existence who thinks deeply about emerging trends and themes and combines that with great TA. He successfully does what I am trying to become.
And then as follows are three more charts that caught my eye that I don’t have the capital to enter and/or the entries aren’t ideal, but I want to watch them for entry:
LMND
This is one I’ve traded some in the past and am really wanting size for when the big move comes.
SYM
I’ve made really good money on this one already and would like to catch the next leg, but I’m just short on capital. If the CCCX Nvidia presentation frees up some capital today, I might be able to enter this as the entry is great.
OPEN
I made a crazy amount of money buying OPEN calls when the stock was $0.88 and I perfectly sold the first top around $4, but I’ve never re-entered for subsequent legs, simply due to lack of time and attention. I definitely don’t have the bandwidth for this trade today, but it was definitely one that catches my eye. OPEN has proven itself resilient enough to have a shot at being the next cult stock like RGTI, IONQ, OKLO, et. al.
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