Yields finally took a breath and crude backed off, giving our SK Hynix setup room to run on Intel rumors

Morning brief: Powell slapped banks with a hawkish hike, but optical AI hype and our Micron positioning are keeping tech afloat

Fed Hikes Rates 25bps to Fight Inflation: The Federal Reserve raised benchmark interest rates to 3.75%-4.00% in a hawkish turn, sending sentiment into Fear territory as futures steady. LITE Rockets 9.59% on Optical AI Rally: Lumentum jumped 9.59% after Ciena raised long-term targets, sparking a massive sector-wide surge across AI optical networking components. INTC Gains 4.03% on SK Hynix Deal Rumors: Intel jumped 4.03% following reports that SK Hynix is in discussions to manufacture memory chips at Intel facilities in the US. GS Slides 3.96% Following Hawkish Fed Hike: Goldman Sachs fell 3.96% as the Fed's rate increase and hawkish outlook dragged down major financial institution shares pre-market. Watch Fed Comments and Tech Rate Pressures: Track if tech bounce holds against 5% yields as markets digest tighter Fed policy ahead of Micron's upcoming earnings report.

Fed Hikes Rates 25bps to Fight Inflation

The Federal Reserve raised benchmark interest rates to 3.75%-4.00% in a hawkish turn, sending sentiment into Fear territory as futures steady.

LITE Rockets 9.59% on Optical AI Rally

Lumentum jumped 9.59% after Ciena raised long-term targets, sparking a massive sector-wide surge across AI optical networking components.

INTC Gains 4.03% on SK Hynix Deal Rumors

Intel jumped 4.03% following reports that SK Hynix is in discussions to manufacture memory chips at Intel facilities in the US.

GS Slides 3.96% Following Hawkish Fed Hike

Goldman Sachs fell 3.96% as the Fed's rate increase and hawkish outlook dragged down major financial institution shares pre-market.

Watch Fed Comments and Tech Rate Pressures

Track if tech bounce holds against 5% yields as markets digest tighter Fed policy ahead of Micron's upcoming earnings report.

Posture: With Fear & Greed at 26 (Fear) and active Fed tightening, we adopt a Defensive posture to prioritize capital preservation.

Tickers in focus: LITE, MU, GS

Upcoming earnings

• MU — 2026-09-30, After Market Close
• PEP — 2026-10-08, Before Market Open
• UNH — 2026-10-13, Before Market Open
• C — 2026-10-13, TBD
• GS — 2026-10-13, Before Market Open
• JNJ — 2026-10-13, TBD

Evening brief: Yields finally took a breath and crude backed off, giving our SK Hynix setup room to run on Intel rumors

Stocks Rally as Yields and Oil Ease: Wall Street staged a sharp relief rally following the Fed rate hike as easing Treasury yields and falling crude boosted risk-on tech buying. OKLO Surges 11.3% on Power Bill Vote: Oklo jumped 11.3% after House legislation targeting data center energy infrastructure sparked strong buying across nuclear reactor developers. Intel Gains 7.7% on SK Hynix Talks: Intel gained 7.7% as momentum built around prospective memory manufacturing partnership talks with SK Hynix and upcoming CPU price hikes. DraftKings Falls 7.6% on Market Rivalry: DraftKings fell 7.6% as data showing prediction market rival Kalshi dominating NFL Week 1 betting volume heightened fears of market share loss. Watch BoJ Decision and Expiry Tomorrow: Traders should monitor Friday's Bank of Japan rate decision and quarterly options expiry as 10-year Treasury yields test the crucial 5% level.

Stocks Rally as Yields and Oil Ease

Wall Street staged a sharp relief rally following the Fed rate hike as easing Treasury yields and falling crude boosted risk-on tech buying.

OKLO Surges 11.3% on Power Bill Vote

Oklo jumped 11.3% after House legislation targeting data center energy infrastructure sparked strong buying across nuclear reactor developers.

Intel Gains 7.7% on SK Hynix Talks

Intel gained 7.7% as momentum built around prospective memory manufacturing partnership talks with SK Hynix and upcoming CPU price hikes.

DraftKings Falls 7.6% on Market Rivalry

DraftKings fell 7.6% as data showing prediction market rival Kalshi dominating NFL Week 1 betting volume heightened fears of market share loss.

Watch BoJ Decision and Expiry Tomorrow

Traders should monitor Friday's Bank of Japan rate decision and quarterly options expiry as 10-year Treasury yields test the crucial 5% level.

Posture: With Fear & Greed at 29, we adopt a Neutral posture, leveraging fear-driven market pullbacks to accumulate proven fundamental winners.

Tickers in focus: SKHY, QQQ, OKLO

Upcoming earnings

• MU — 2026-09-30, After Market Close
• PEP — 2026-10-08, Before Market Open
• UNH — 2026-10-13, Before Market Open
• C — 2026-10-13, TBD
• GS — 2026-10-13, Before Market Open
• JNJ — 2026-10-13, TBD

The day's moves on the ledger

Every entry below is public and permanent.

• Sep 17, 2026 · COHR — Stage change — → Buy Zone @ $296
  Joins in AMD’s slot at $296, 33% under our $395 value at 21x forward. Coherent is the optics inside the AI rack — 1.6T transceivers ramping now, co-packaged optics next — with datacenter revenue up 59% last quarter to $1.6B on 34% total growth. It sits well off its summer high on transceiver price-competition fear; that is a margin question, not a demand one. Buy-zone from $296.
• Sep 17, 2026 · AMD — Stage change Hold → Take Profit @ $545
  Up 6% to $545 on Nebius raising its cloud prices — 25% on AMD EPYC racks — exactly the demand tell we bought it for. That puts it 19% above our $460 entry in two weeks and 6% from our $576 value, so we book it: the ramp is intact, the fat pitch is gone. +19%, receipt on the ledger.
• Sep 17, 2026 · AMD — Sold @ $545 +18.6% (target-hit)
  Up 6% to $545 on Nebius raising its cloud prices — 25% on AMD EPYC racks — exactly the demand tell we bought it for. That puts it 19% above our $460 entry in two weeks and 6% from our $576 value, so we book it: the ramp is intact, the fat pitch is gone. +19%, receipt on the ledger.
• Sep 17, 2026 · GE — Added to universe @ $313
  Unrivaled commercial aerospace engine installed base and high-margin aftermarket service contracts drive multi-decade free cash flow growth.