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SpaceX Will Be a Double Digit Stock Next Month. Tim Knight Explains Why.

NowPress play to follow along0:00 / 15:35
Chapters12 segments · tap to seek
ticker lesson

Breakdown

0:00ES· ticker

ES down fractionally in a red market

  • Market feels like crash despite slight decline
  • Shorts down 7-11% daily
  • Quiet bear market with 30-70% drops in big stocks
2:17ES· ticker

ES diamond pattern broken for first time

  • Trend line broken since March 30th
  • Short ETF expecting further decline
  • Mystery speech may trigger tumble
4:29IWM· ticker

IWM near trend line with shooting star

  • Third time testing trend line
  • Fakeouts prevalent in recent days
  • Emerging markets down 2.31%
6:49KORU· ticker

KORU ETF down 70% since June 1

  • 21-year-olds shorting without knowledge
  • Leveraged ETF losing value
  • Market melt-down without bad news
9:02FXI· ticker

FXI short with January puts

  • Doubled down on FXI puts
  • Expecting China decline
  • Baidu and Baba remain short
11:14AAPL· ticker

AAPL avoids AI mania fallout

  • Strategically positioned against AI hype
  • Contrast with Oracle's decline
  • Company survived 1996 bankruptcy
13:45SPAC· ticker

SPACs in lifetime lows post-IPO

  • Three days of gains followed by 5 days of losses
  • Employee morale issues at SpaceX
  • August 13th earnings date feared
13:46SPAC· ticker

SPACs breaking below pennant

  • Serious selling expected
  • President's text API for traders
  • Reality stranger than fiction
13:47MAT· ticker

MAT down 3% with open positions

  • Struggling to take profits
  • CRDO down 10%
  • STM down 8% in daily declines
13:48AXTI· ticker

AXTI down 15.5% breaking support

  • Ciena down 7.38%
  • Lumentum and Marvell down 7-10%
  • Micron down 10.66%
13:49STX· ticker

STX down 10.5% with head-and-shoulders

  • Same stocks declining weekly
  • Caterpillar down $38
  • SMH at critical support level
13:50INQ· ticker

INQ at support with range-bound trade

  • Potential for big drop tomorrow
  • Quantum computing as failed fad
  • Healthcare shorts showing bearish patterns

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