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

GainStreet Daily Brief · Thursday, September 17, 2026

AI-generated research · published by Today is Tomorrow LLC · how we use AI · not financial advice

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

Published Sep 17, 2026, 8:00 AM EDT

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

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

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

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

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

Published Sep 17, 2026, 8:01 PM EDT

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

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

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

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

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 Holding → 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.