SpaceX’s first earnings report and today’s 911-million-share lockup expiration have investors bracing for a rough stretch. But for short-term traders, a CapEx spending debate, a float that just doubled, and $25 billion in short interest are converging into one of the best trading windows SpaceX will ever offer.

One of the reasons I love investing in innovation is that the best companies never stop innovating. They continue to evolve, creating entirely new businesses that many investors never saw coming. That’s why I always try to look beyond what a company does today. The biggest winners in the market are often businesses that reinvent […]

I closed my SPCX position into the earnings reaction and went flat on purpose. The lockup hits tomorrow. The short float is already around 25%. Here’s what I’m waiting on before I do anything else.

You know what’s funny about being right? Sometimes it’s not worth anything. Last month, the good news stopped working. Taiwan Semiconductor (TSM) beat on profit and revenue, and the stock fell more than 3%. Samsung reported a quarterly operating profit up more than 1,800% from a year earlier and dropped almost 7%. Chip stocks shed […]

Yesterday afternoon, SpaceX (SPCX) reported its first earnings as a publicly traded company. As expected, Wall Street immediately focused on the headlines. Revenue came in at $7.8 billion compared to expectations of $6.8 billion. Earnings per share came in at a loss of -$0.09 versus estimates of -$0.23. Just as important as the company’s first […]

Two days at the National Sports Collectors Convention, 900+ dealer tables, and a hobby growing faster than anyone expected. It all points toward an earnings trade that expires this week.

Yesterday, I wrote about the unusual market we’re experiencing. While the Nasdaq-100 slipped into correction territory and many of the biggest AI winners remained under pressure, the equal-weight S&P 500 quietly climbed to a new all-time high. It was another reminder that headlines rarely tell the entire story. This week offers another example. Most investors […]

911.5 million shares hit the market August 6, and a third of some space names are already sold short.

Publisher’s Note: Welcome to the first issue of The First Move. Matt McCall is a bonafide innovations expert, relying on masterful intuition to build his career. His impeccable instinct is the whole reason we brought him here. Innovation investing gets a lot of lip service and not much follow-through, mostly because it means holding a […]

In this week’s Monument Traders LIVE, I break down why several technical indicators are flashing caution despite today’s rally. The strategy session kicked off with a special announcement as Monument Traders Alliance welcomed Matt McCall as its new Head Innovations Strategist. Matt shared his approach to identifying emerging innovation trends before they become Wall Street […]

I got a phone call the day before the SpaceX (SPCX) IPO. It wasn’t exactly a spam call, but it might as well have been. It was a broker, offering me shares of the most discussed company in decades. Think about that for a second… The largest IPO in history, and somebody is cold-calling me […]

Every company worth trillions today started the same way: as an idea most investors ignored. Amazon was an online bookstore losing money in an industry already dominated by Barnes & Noble. Apple was a niche computer maker before the iPhone changed the question entirely. Nvidia was known for gaming chips years before anyone called it […]