06/12/2026
βοΈ COFFEE & TRADES β FRIDAY SPACE DAY π
Today the whole market has its eyes on the SpaceX IPO, and that space hype is already moving anything connected to the sector. SpaceXβs debut is expected to be one of the biggest market events of the year, and itβs already putting attention on space names, satellite names, AI infrastructure, and companies tied to the space economy. οΏ½
The Wall Street Journal
I like watching:
GOOGLE / GOOGL β Google has exposure through space/AI/data narratives, and sheβs already moving premarket around $357.77. I donβt want to chase. I want a pullback, defense, and then confirmation.
PL / Planet Labs β direct space/satellite sympathy play. PL is already hot, trading around $34.17 premarket, up over 11%, so be careful chasing candles. Let her cool off, find support, then look for the buy.
NVDA β not a pure space play, but AI, chips, data centers, and advanced computing all connect to the bigger tech/space narrative. NVDA is trading around $204.87 premarket, up over 2%.
Also watch the space sympathy names like ASTS / LUNR / RKLB, but remember: sympathy plays can fly fast and rug even faster.
The other big news: markets are getting relief because oil pulled back and global stocks rallied after hopes for a U.S.βIran diplomatic resolution eased fear around the war headlines. That takes some pressure off the market, but it does not mean get reckless. οΏ½
Reuters
Friday Rules:
Do not chase the first candle.
Mark premarket high and premarket low.
Mark yesterdayβs high, low, and close.
Wait for the pullback.
Wait for the hold.
Wait for the retest.
Then take the trade.
Once you go green, protect green.
Friday is not the day to give the week back.
Base hits only.
No hero trading.
No revenge trading.
No doubling back after you already got paid.
Todayβs mindset:
Let the IPO hype bring the volume.
Let the market show the direction.
Let the pullback give the entry.
Then execute like a sniper.
Close the week green.
Coffee in hand. Levels marked. Discipline first.
This is not financial advice. Just Coffee & Trades. βοΈπ