Jun. 9 at 11:25 AM
Good morning traders! ☕️ Let's get to work and map out the pre-market tape for today.
Here is what's on my main monitor this morning:
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$NVDA - Looking heavy after the recent block trades. I’m staying completely neutral here until it tests the key moving averages. Let the options premium decay.
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$PLTR - Seeing massive institutional volume flow on the 15-min chart. Watching for a clean breakout over yesterday's high, otherwise it’s a trap.
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$LLY - Continued strength on the macro weight-loss data. It’s extended, but shorts are getting absolutely steamrolled. Don't fight the trend.
💡 The Smarter Play: While big tech fights for liquidity, the real asymmetrical setup is in commodities. No matter who wins the AI software race, the physical bottleneck is the grid.
That’s why I’m heavily focused on
$NRED down here. Unlike most junior plays, they have
$8.5M secured cash in the bank-meaning zero dilution risk. Their MetalCore AI copper targeting at Wilmac is fully funded and moving fast.