r/Stocks Daily Discussion & Technicals Tuesday - Jun 16, 2026
u/AutoModerator ·
Reddit — r/stocks
· June 16, 2026 at 09:30
· ⬆ 9 pts
· 💬 54 comments
| View on Reddit ↗
AI Summary
Summary
Main theme: Oil price dropped to $77 per barrel, noted by a single highly upvoted comment.
Dominant sentiment: Bearish on oil, but discussion is extremely limited (only one comment).
No earnings or other tickers discussed.
AI Summary
Summary
The thread is dominated by shock and ridicule over SpaceX’s (SPCX) massive, seemingly irrational valuation, with several comments calling it a “grift” and a “meme shithole.”
Microsoft (MSFT) is cited as a laggard, with one top comment suggesting it could fall to $300 if the market pulls back.
Oil near pre-war lows is noted, and Netflix (NFLX) is mentioned as a dip-buying opportunity by one commenter.
The overall sentiment is mixed: bearish on large-cap tech (ex‑semis/AI), cautious on SpaceX, and mildly bullish on select dip plays (NFLX).
Score9
Comments54
▶ Full Post Text
[+6] u/Empty-Square-3250: Oil down to 77 a barrel
[+14] u/Sufficient_Habit5091: SPCX is the greatest grift in stock market history.
But shorting it is not how you bear. Elon companies can keep smashing ATHs and staying up there longer than you think.
[+12] u/Xalksahsax: If you actually run a multi-planetary discounted cash flow model and adjust the discount rate to -15% (because time moves faster when you’re being hyper-disruptive), a $2.8T valuation is an absolute joke.
You have to look past the "Starlink broadband" chump change and look at the TAM of the Solar System.
First it starts with asteroid mining. Starship V8 or V9 will is just going to fly out to Psyche 16 with a giant net, drag that $10,000 quadrillion lump of gold and platinum back, and drop it on Iran (two birds one stone) or the atlantic ocean, hard enough for the subsequent tsnumai to wipe the SEC headquarters.
Once Elon moves 1 million people to Mars, SpaceX owns the domes. They own the air. Air subscriptions for something cheap like $49.99 a month. incredible recurring revenue.
Then it comes Jupiter helium-3 harvesting. That alone is worth a conservative $12 Sextillion
TL;DR: Target price per share is $12,500,000.00 (certified by Gemini running the numbers).
[+10] u/jnas_19: SpaceX overtakes Microsoft in market cap
[+9] u/rcanhestro: we live in the dumbest timeline
[+9] u/Only-Cranberry-4502: Elon really made more money in 24 hours than most billionaires have made in their lives
[+9] u/Ok_Winner9825: The real story is oil being near pre war lows
[+8] u/InvestigatorPlus3229: A whole generation of spacex bagholders just waiting to be created
[+8] u/NoobOnTour: What a piece of shit market. It has exactly 2 states.
Semiconductors and AI stocks are up.
Everything is down.
[+7] u/Signatureshot2932: Don’t buy SpaceX if you don’t like the price action, simple. Stop your whining over here.
[+7] u/Able_Show_8560: God MSFT is such a pile of dogshit right now. They need to shake things up somehow. CEO needs to step down or they need a new big product or something. This is grim. If market pulls back say 10% from here, I could see $MSFT at $300
[+7] u/Hoof_Hearted12: Not much talk about Netflix and it's been dropping lately. Anyone else buying in silence? Trying to get my average down to the 80s.
[+6] u/TheJustinG2002: Shit don’t make no goddamn sense 😭
[+6] u/Neader: Been holding MSFT since 2016 but it might be time
[+6] u/throwaway2676: I…should’ve applied for spacex ipo shares
[+5] u/FoodCooker62: $250 billion in additional market cap for spaceX premarket after adding half a trillion yesterday. Every time i think it cant possibly become more of a meme shithole the market outdoes itself
[+5] u/atdharris: Not necessarily surprised about SPCX. Elon's companies never trade rationally.
[+5] u/drew-gen-x: I'm starting to buy $PHYS (Gold) and $PSLV (Silver) again as I watch everyone else in the market sell their home, farm, & firstborn son to buy every ant sized dip in more semis.
[+5] u/Salty-Bid1597: Interesting price action in the last hour there.
[+5] u/Anxious_Aspect965: A company that lost $5 billion last year is apparently worth almost $3 trillion.
Absolutely bonkers.
[+5] u/LanceX2: I shoulda bought some spacex hahahha.
I dont buy stocks so I didnt.
The community observes oil trading at $77, a significant decline from recent levels. A sharp drop can suggest bearish momentum or a shift in supply/demand expectations, creating a short opportunity. Short oil exposure via USO based on the noted price decline and potential follow-through selling. Oil prices are volatile and may reverse quickly; the single comment lacks supporting analysis or catalyst. Reversal to $80+ is possible.
This Reddit post, published June 16, 2026,
features r/stocks community
discussing USO.
1 trade idea extracted by AI with direction and confidence scoring.