STOCK MARKET TALK by Stocks On Spaces

Or it's just going to stay very thin in this AI trade and maybe that's what we're looking at here a very very thin trade Yeah, it seems like there is a little bit of the shift inside of the AI side of things There's been a couple of also really interesting headlines today and One thing that I'm also seeing that's I mean I was really reading about this more thoroughly across the weekend, you know doing a lot of Space research person, but it really seems like people are concerned about Some of the rising costs that some companies like ASTS is about to see In the space side of things and it seems like also Most of the concerns were really seeing kind of trickles down towards that ROI side of things would you would you agree with that one? Yeah, I would I think you know everybody's concerned. This is going to have a huge effect, but I think everybody forgets is that You know these companies that are spending this money. Yeah, interest rates are hard. They just don't care They'll keep burning if they think they're going to make it back 10 times over and I think that's what's going on here I think they just don't care now if you're a small company. This is killing right these rates are going to kill you If you if you're the United States government, you're trying to refine your debt. This is going to cost us a heck of a lot more money But you know It is what it is Yeah, I think I'd have to agree there Definitely would be costing so a lot more in the future and especially of a certain side of things um You know, I'm just going to talk about a couple of other interesting things that I saw today kind of unrelated towards the bond market But um we saw that 56 million dollar order come in for on us which I thought was pretty cool We also saw citizens upgrade on us they gave them an outperforming a $14 price target which I thought was relatively interesting We saw Microsoft also get uh, yeah, it can't move right and this is I I own on that so I'm talking as a a stockholder who's on the water and unhappy I don't know what it's going to take to move this name at this point. It just seems for whatever reason Everything gets sold on it You know, I got to say I'm a stockholder also. I'm not necessarily under water um, I have a good average on this name But the amount of acquisitions that this company has made this year in reflection to the price and we can even go with in reflection to the volume It seems extremely light. It seems like they're moving very fast But the thing that I really like you know is they're really expanding into four different defense markets And they're really like that Originally if you bought this stock you know two years ago You're kind of looking at this as a defense in a public safety and maybe a post-conflict cleanup name But now you're looking at this they're they're all over homeland security They're all over the critical infrastructure market and you know They're also using drones in the industrial side of things as well So I mean, I think that with this rapid scale of acquisitions that we're seeing with on dust I mean against my personal opinion is things might catch up I'm just waiting on it. Obviously we know there's lots of catalysts in the air for this name And it seems like they're doing well with the the European loitering munitions contracts right now Which is pretty much where they're going to be buying up a bunch of drones to sit on and not necessarily use But they want to just have them that's that that's what the exact definition of loitering munitions is Just to clarify things so there's people that are stocking up on drones right now Um Which I find pretty interesting. So I'm keeping an eye on non-dust. I think it's going to be a very interesting name warfare changed right It's the the days of firing one point two to one point four million dollar cruise missiles is coming to an end Cheap drones Suicide drones is the way everybody's going to be going So it's a total change in the game however things look at what's going on in our ran They've done to us look what Ukraine has done to Russia. I mean, it's unbelievable So yeah, I mean eventually you got to think it's going to catch up with them So I just got to make one little correction there because it absolutely by the concept of it It is a suicide drone, but um, I think the the recall one way attack drones But um it absolutely sure, but that's what they really are right they they think they they go And they you know, they're gone They're dead. Yes one way attack drones, but I'm a simpler guy sometimes. Yeah, so yeah, exactly. I agree But I mean honestly, I'm watching this name. It seems like again one way of tact runs and you know If we look at what's really happened and if we look at multiple conflicts right now, we can look at the Middle Eastern conflict along with The Russia Ukraine conflict and you're seeing drones dominate on both sides, you know in different areas of the world So again, it really seems like the the warfare side of things is really going to pivot towards this drones and autonomous system side of things So I really think that there's a lot of exciting things going on there. I'm really watching that name um Another one that I'm finding interesting and it's getting a little bit more interesting to me as we continue through this unlocking phase is going to be SpaceX Right, I know it's a interesting name to drop right now But the thing is is we're going to be completely unlocked going in towards next year Granted, there's still going to be lots of insiders holding and that's something to consider But I think a lot of people are underestimating um, the speed that SpaceX is about to ramp up on SpaceX is expected to launch over 3000 rockets in 2031 and this is Starship rockets not Falcon rockets So these are much larger rockets. This is a Morgan Stanley forecast by the way not my numbers So I think a lot of people are really Miss miss uh Understanding the size and scale that is really going on to SpaceX now. I'm not going to say I'm jumping at it at these valuations or Really anywhere near here, but again, this is something that's really heavy on the watch for me because again We're seeing lots of developments going towards this it seems like the orbital launches are gonna really start into a closer towards 2029 so again in 2029 Well, it just did a new high of the day basics Yep 16960 They must be hearing us that must be the case you listen to yeah exactly You know but like again the thing is when it comes towards SpaceX and I'm just gonna pull one thing up to look at But when it comes towards SpaceX another thing that I think people are really also not exactly looking at properly Like I was saying. I'm sorry correct me on what I said 3000 launches 2031 forecast is 3964 launches we're looking at a thousand six hundred eighty four and twenty thirty 172 and 2029 so there's expected to be a massive jump once that orbital data center Plans really kick in and there's plans for lots and lots and lots of launches So we're looking at it and comparing it towards what we're seeing this year this year We're seeing 82% of their launches sitting at the consumer broadband So they're really focused on building the connectivity side of the business right now And it really seems like the orbital data centers and that side of things is a lot further ahead um But again There A lot a lot of things to talk about with this name So again, I'm just looking at that more longer frame But when I look at this on the short time short time frame We're gonna see starlink come in 190 countries in the very short future This is gonna really jump and their residential broadband subscriptions is gonna be able to pat climb past 800 million That's a massive total addressable market especially when you consider There's only two hundred and two countries in the world and if starlink is gonna be in 190 That means there's 12 countries where it's not a lot Pretty interesting to think about but again, it really seems like it's really ramping up We're currently around 40% on the last right now China My guess would be China North Korea Iran I feel confident at least the fourth of the way there Evan comes in and talks and ruins the conversation No, no, no, no, no, what bad person uh that was I'm honest. I'm curious hold on. I'm out See you there Yeah, um Russia Iran China, Belarus, Cuba, Afghanistan and I'm not seeing the rest of them at the moment I'm gonna guess in North Korea though I appreciate you gems for coming here and talking. I see logical down below as well It has definitely been an interesting market. I will say when I like to look at the 52 week highs and 52 week low list as well There's definitely been more names on the 52 week low list. Interestingly is interestingly as the market has continued to drive higher I did only check through earlier this morning. I did see that rate to remove it higher again today Even if even as market continued to move higher so yeah, the market does not seem to care about rates Does not seem to care about rates I have been a little bit surprised about how uh SpaceX stock has been moving I would have told you a couple weeks ago um it does seem like the The first share unlock Was pretty much the bottom for this one the day before the first share unlock So I was in there getting a little bit scared about that seems to be the moment to be buying Big fear Yeah, I'm looking at rates in today too They did give back a little bit so they came back down but still pretty elevated They get rate talk weekly joining Mr. Rates are you doing sir? I was going on DJ Woods down below as well. I'm excited to have him maybe up here What's up Jay how you doing sir? Hey, it's good to join you. I may have the hop real quick too So I apologize and I know idea what you guys were talking about ahead of time so if I I'm talking about whatever you want to talk about Well, I heard SpaceX market and you were right about the lock up week being the load Um, and I was lucky enough to buy it and then sold it after two days of holding To lock into 20 point gain like an idiot. I still love it. I still I just thought we would get another retest of those lows it never happened and then If you look at the average volume weighted price from the first trade and now from the lows and from the high um, I mean this thing had a nice shelf which it took off from a couple days ago I think 172 is is a no-brainer Try it could be there now. I I saw it at 165 earlier today um, but yeah of long term This is just by put it away and um Yeah, I'm pissing myself for trying to trade it and you know What can you do? So uh, yeah, I'm up for talking about whatever you guys want to this market is uh About to make new all-time highs Not on my bingo card Given where rates in oil are and all the term oil in the world and everything going on and the fact that Ten of 11 sectors were down for the month of September, but When the the max seven are breaking out to new highs minus Tesla uh and um, where have all google and amazon holding key levels Microsoft breaking out on its road to new highs Uh meta the one I've been totally wrong on uh just continues to climb higher it's It's hard to fight it. It's too much too much of the index So in video to me I was at an event with my friends in the cmt association and I was asked What is the number in the market that will make me go bullish or what is the thing you're watching that makes me go bearish and bullish was 240 in video We get a 240 close. It's a clear breakout and now 235 could act as support on the way down Upside targets from the nice rounded bottom base that we broke out 270 um A and then you you look forget in video look at broadcom this one you know join the party come on the waters nice It's uh, it looks like it's poised to you know go on that tailwind so we'll see it's it's an interesting week in that There's no real data unless you count the bay uh the not the page book the fed minutes which I don't um and um Heck is breaking out so it's it's the momentum is there uh, you know Just got a block out all the other stuff going on in the world and and you'll be fine So those are those are what I'm watching the one concern areas financials those have rebounded nicely today as we go into earnings next week But if you look at under the hood go in the sacks one of my biggest fold things Morgan Stanley um They've broken down They they're we're seeing a little relief rally in some of these names But if you're getting relief rallies in these sectors that have been beaten down utilities are coming back um That relief rally with the technology continuing to go uh is enough to to get us on a nice rally and I have not been predicting that I've been I've been somewhat bearish so mostly we close a new highs You know, but we haven't gotten confirmation But the table is set for us to go uh higher and quickly higher as we go into these midterms and Then you look at seasonals and yeah, everyone knows all the seasonal stats uh, uh, you know We're in the greatest six month stretch. It's even stronger midterm election years. So uh You know, we've we've got everything lined up the only expactor to me is uh Trump and uh, you know he He's been known to kind of fly off the handle and start trade wars and you know go at fed presidents But even he can't fight with these earnings. They're they're fantastic. So It's hard not to be bullish even though um I'm not really jumping out of my Whatever I want I'm the man the charge if I want to say nothing I'll say nothing if I want to say something I'll say it and if I say something bad So be it well you got the president on the space. I had no idea Yeah, sorry about him Jay. We don't normally let him talk in their guests No, no, I'm sick of talking someone else talk to the love of Joe I mean, you don't know he is the wild card and it's back against the wall in the midterms And he's throwing everything he can at it, but you never know if it's going to be You don't know if it's good or bad he seems to want to fire every fed president that didn't vote for Uh, uh, the bottom for a rate cut Didn't vote for ratehug, but I mean, how is he gonna do that? I don't know Just he's going after Supreme Court just this is now it's still Jerome Powell, which is funny But it's hard it's it's really challenging, but what I done and I I've been studying what happened and I we all most of us here And you got a young audience have lived through 2018 in the midterms there What happened after the midterms a historically strong part of the year Trump started to trade more with China all right now We're fighting candidate in Europe and who knows what we're doing with greenland and the way