Tim Knight Says Don't Be Shocked If SpaceX Disappoints for Months.

tastytrade3 hours ago8:48

SpaceX reports earnings for the first time ever this week, and Tim Knight reaches for a historical parallel: the Facebook IPO. Same ingredients, a globally famous founder, a cultural moment and a red-hot sector, and that stock still slid sharply from its debut and took well over a year to get back to even before it eventually went on a massive run. His guess, which he freely admits is only a guess, is that this one disappoints for a while too. He also flags the coming share unlock, where reports suggest a large share of the float becomes tradable over the next several months, while noting insiders may simply refuse to sell and the stock could surprise higher instead. Elsewhere he calls the S&P a directionless grind since early May, finds the Nasdaq chart far more interesting despite heavy overhead supply, and argues oil is more likely to push higher from here even if the conflict winds down. All views are his. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 The market has gone nowhere since May 00:25 What the bulls need to break out 01:28 Why the Nasdaq chart looks different 01:55 How he actually finds his trades 02:39 A first-ever earnings report 03:01 The Facebook IPO parallel 04:25 What he expects after the print 05:31 The share unlock could surprise 06:33 Why he sees oil going higher #tastylive #timknight #spacex #earnings #tradingcharts #ipo #nasdaq #crudeoil #stockmarket #investing tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.

Tim Knight Says Don't Be Shocked If SpaceX Disappoints for Months. | PiQ Markets