Hedge funds went too lopsided short before Amazon, Microsoft and Alphabet's earnings, setting up an aggressive short-covering rally if they deliver this week, as expected. SPCX crushed and ANT's S-1 was quite good, leaving a potential two-week rally on a razor's edge. x.com 

Fast peer-cloud growth makes a bullish Amazon earnings view hard to resist. Azure grew 48% and Google Cloud 103%; the forecast is for 42%+ AWS growth. AWS is expected to grow over 40% annually over the next two years, so selling Amazon here risks missing that growth. x.com  x.com 

Meta is the only Magnificent Seven stock below its 20-week moving average, putting it in a weekly downtrend, and unless it closes back above that line in the next few weeks it risks a new low for the year by October. Every Magnificent Seven company except Apple is spending heavily on capex, yet Meta is the only one in shambles. x.com  x.com 

Amazon is headed for new all-time highs, through either a huge run-up into earnings or a huge gap up on them in about a month. Meta's Muse agent is the reason, as it drives heavy CPU demand. x.com 

Meta's call buying and options map support a small bullish lean for next week. A roughly $240.6K burst of November 6 $637.50 calls traded at the ask; the map showed 622.50 as a level that could send the stock higher. x.com  x.com 

Amazon looks set to rally into its Q1 report and then fall again, because heavy non-AWS investment weighs on operating income and the stock works in harvest years, not investment years. A clean operating income guide needs a huge AWS beat to flow through, and people already put out very high AWS numbers. Layoffs help, but not enough against data-center and fulfillment efficiency comps. It is a crowded long that has crushed Microsoft on relative performance, with market caps approaching parity. … Show more

Hyperscalers' forward P/E has contracted 20% even as estimates ramped, making it rare to see things get much worse. Rising GPU rents and new lows in availability make the AI fears a fade; hyperscalers should lead. The next two weeks will be gut-wrenching amid the OpenAI raise, Anthropic S-1, Fed, midterms and mutual-fund selling into year-end, but that is the time to buy. x.com 

Meta's established post-earnings rebound pattern makes its latest selloff a buying opportunity. Blowout results have been followed by an unexplained stock drop and then a rally; without SpaceX, this would be the best buying opportunity in the market. x.com 

Meta looks cooked short term after massive call selling at its bear-market resistance. Long-term institutional accumulation at this level is the largest ever, but the market is clearly not accepting it short term; any bounce would only be off retail support at the moving averages, with institutional resistance above. That everyone sees Meta as the easy buy at a discount to indices fresh off their largest two-month rally is itself bearish, making it one of the most vulnerable stocks. x.com  x.com  … Show more

A ten-year low in forward P/E makes hyperscaler valuations look more than reasonable. Goldman Sachs' chart tracks Amazon, Alphabet, Meta, Microsoft and Oracle as a basket. x.com