Amit Kukreja
TOM LEE BUYS 2% OF ALL ETH, CRYPTO DOWN, DAN IVES JOINS THE SHOW | MARKET OPEN
9/22/2025, 3:44:43 PM
Economic Summary
- Fed commentary is mixed: Fed official Bostick sees little reason to cut rates now, while Stephen Moran publicly favors rate cuts, implying uncertainty about the timing and pace of Fed easing.
- Key macro data this week includes new home sales and August PCE inflation; August PCE is especially important for Fed policy and market rates.
- Market breadth and flows remain supportive: Citadel reported retail net buyers 19 of the last 22 weeks, and Goldman noted the largest weekly retail inflows since December, with nine of 11 sectors seeing inflows.
- A large volume day occurred recently (27 billion shares traded Friday), indicating elevated liquidity and participation that can amplify volatility.
- Crypto experienced a leveraged unwind (~$1 billion of BTC/ETH longs liquidated), pressuring ETH (~$4,200) and BTC transiently and affecting crypto-exposed equities like Bitmine (BMNR).
Bullish
- Bitmine (BMNR) adding Ethereum and raising capital to buy more ETH signals institutional conviction.
- Robinhood (HOOD) and AppLovin (APP) entering the S&P 500 should attract index buying.
- SoFi (SOFI) breaking $30 and strong momentum suggests further upside in near term.
- Tesla (TSLA) regained bid after Musk-Trump rapprochement and higher analyst targets.
- Oracle (ORCL) expanding cloud deals and a role in TikTok security supports long-term cloud thesis.
- ASML and data-center/GPU names benefit from sustained secular demand for lithography and AI infrastructure.
Bearish
- Potential Fed policy divergence as some officials push for cuts while others see little reason to ease.
- Short-term crypto weakness after roughly $1B of BTC/ETH longs liquidated could pressure crypto-linked stocks.
- Companies facing dilution or equity offerings may see share pressure (e.g., BMNR follow-on offering).
- Regulatory headlines (e.g., Tylenol/TikTok political risks) can spark sudden downside in related stocks.
Bullish tickers
BMNRHOODSOFITSLAORCLASMLAMDGRAB
Bearish tickers
KVUEETHBTCBMNR
BMNR
2 price targets
7087.5
Bullish
Raising capital to buy ETH and already holding ~2.4M ETH shows institutional confidence and direct crypto exposure.
Bearish
Share offering at $70 plus warrants can dilute existing holders and pressure near-term returns despite ETH exposure.
TSLA
2 price targets
500400
Bullish
Reconnection between Elon and Trump, positive market momentum, and upgraded analyst targets support upside.
Bearish
Political headlines and execution risk around EV/AI rollouts could trigger downside if guidance disappoints.
SOFI
Bullish
Broke $30 with momentum and supportive earnings outlook; retail and institutional interest rising.
Bearish
Rapid intraday strength risks pullbacks; valuation could re-rate quickly if growth or execution falters.
HOOD
Bullish
Inclusion into the S&P 500 should attract passive/index buying and support the share price.
Bearish
Crypto weakness can pressure trading-revenue dependent platforms.
ORCL
Bullish
Large cloud deals, rumored OpenAI/TikTok roles, and growing cloud positioning support multi-year growth.
Bearish
Transition to co-CEOs creates execution questions during a critical cloud expansion phase.
GRAB
1 price targets
10
Bullish
Market-share gains in Southeast Asia and institutional accumulation support a multi-year growth path (host target $10 by 2027).
Bearish
High recent volume could be concentrated and may not be sustained; competitive pressure from regional peers.
KVUE
Bullish
Large consumer healthcare franchise with diversified brands could prove resilient after headline-driven moves.
Bearish
Political/health headlines tied to Tylenol in a Trump Oval Office announcement caused immediate share weakness.
OKLO
2 price targets
15080
Bullish
Analyst upgrades and rising energy demand support higher valuation for advanced nuclear plays.
Bearish
Nuclear sector volatility and execution/timing risks could pressure small-cap nuclear developers.
ASML
Bullish
Quasi-monopoly in lithography and sustained GPU/data-center demand underpin structural tailwinds.
Bearish
Highly valued exposure to semiconductor capex could see pullback if chip spending slows.
AMD
Bullish
Strong management and positioning in AI/data center make AMD a key participant in the AI cycle.
Bearish
Competition and cyclical AI ramp risks could limit near-term upside relative to NVDA.
People mentioned
Dan IvesTom LeeChris PatelStephen MoranKevin HassettElon MuskDonald TrumpLarry EllisonSam AltmanMichael SaylorTannerRoyLisa SuMichael DellRupert MurdochRobert F. Kennedy Jr.Dana WhiteHoward Marks