☀️ Morning Thoughts: Trims, Trades, and Triggers
Another day, another chance to trim and redeploy. While some wake up to sports scores and stats, I start the morning with the only scoreboard that matters to me—the markets.
- First glance: Bitcoin, because it never sleeps.
- Next: Pre-market scans to see what’s heating up.
- On the drive to breakfast, it’s CNBC, my version of a pre-game show. Their commentary sets the tone for the trading day—better than any coach’s pep talk if you ask me.
⚙️ MP Materials: Apple and Uncle Sam Tag In
The headlines lit up early: MP Materials is up 10% in the premarket on news that both Apple and the U.S. Government are investing. That’s no small signal.
- I own 15 shares in my high-risk category
- If today’s trim candidates cooperate, I’ll add to this block
🧠 CoreWeave: Still Carrying Its Weight
CoreWeave has been a trimming machine. After riding strong gains, it pulled back—but I’m still sitting on a 240% gain in the remaining position.
- Today, they announced $6B for new AI infrastructure
- The stock is up 7% pre-market, but I’m not expecting a fresh trim unless momentum pushes higher
- Current holding: $1,850—solid, but below trim territory
🔄 Core Scientific: Acquisition Twist
I had picked up Core Scientific (CORZ) hoping for a buyout by CoreWeave. The deal went through—but it’s structured entirely in CoreWeave stock, so my CORZ shares didn’t benefit directly.
- Down 16% or $159
- I’m holding for the swap—no plans to add more
🏦 XLF Watch: Bank Earnings in Play
JPMC announced strong earnings. I don’t own it outright, but it’s a key component of XLF, which I do hold.
- XLF is flat/slightly down pre-market
- Trim alert: If a few more banks beat expectations without issuing weak guidance, XLF could hit its max allocation
- Share price hovering near $50—just a twitch could trigger action
🪙 Market Pulse
- Bitcoin backed off recent highs
- Ethereum holding firm
- Gold & Silver are both slightly down
- No alarms—just ripples
🧲 Eyeing Copper: Waiting for the Right Entry
I’m watching copper and debating how to play it:
- Physical commodity ETF?
- Miners ETF?
- A single name like Freeport-McMoRan (FCX)?
I might be late to the copper party—but I’ll stand at the door a bit longer and see if it’s worth crashing.
Back with you at noon. The bell’s about to ring. 🧱📈