Bullish on META due to Muse AI acting as a sentiment-flipping catalyst for multiple expansion; targets new ATHs of 793-800 in the near term.

Next story here. This is going to be on Meta's Muse, and it is already outpacing Chat GPT's early downloads. JP Morgan said it could be AI's biggest consumer app yet. Been talking a lot about Muse lately.

That's of course tied to Meta. Meta Platforms, ticker META. Their new Muse AI agent could become the world's most widely used consumer artificial intelligence app since OpenAI's Chat GPT.

And that's according to analysts at JP Morgan after the app quickly climbed to number one on Apple's US App Store following its September 8th launch. Analyst Doug Anmouth credited Muse's userfriendly interface, generous free tier, and Meta's distribution advantage across social media platforms that serve billions of users daily.

And that was reported by Reuters. The bank reiterated its overweight rating on Meta with a price target of 820. Quote, "While it's still early, we believe that Muse has the potential to become the most widely used consumer AI application since Chat GPT."

End quote. That was from Amth in the note to clients. Muse, which launched on September 8th, reached about 2.5 million US downloads through September 19th with roughly 557,000 daily active users, according to Sensor Tower data cited by Bank of America.

On iOS alone, the first 12 days produced 1.43 million downloads, edging out Chat GPT's 1.37 million over the same post-launch window. Early reviews show, quote, "Functionality is re resonating with users, particularly the agents ability to execute multi-step tasks and workflows with limited user intervention."

End quote. That was according to Bank of America's global research. Still, the bank cautioned that revenue from ads, subscriptions, or commissions within Muse is unlikely to become material before 2028.

Muse's basic version is free with subscription tiers priced at 20 and $100 a month for heavier use. Quote, distribution is everything in the new AI economy. End quote. And that came from market strategist at futurum equities Sha Balure in a post on X.

Since Muse's launch, Meta shares have climbed to nearly 20%. The stock is up 13 and a quarter% year to date, but it is down 2 and a.5% over the past year.

Meta is trying to trade higher as well.

Uh by the way, meta calls going off here. This is a combination of zero DTE calls and calls that expire on Friday. They're all 770 760. One of them's 800. The one for Friday is 800.

The stock has been straight up out of the open. Lot of lot of news there on Muse. This actually took out yesterday's intraday high here as well.

13. When we took a look at Meta, we talked about this, you know, maybe continuing to push a little bit higher here before it finally finds resistance and moves back down. I think we had that around 800 if I recall.

Um, I mean, I think we need to see a quick move to 800 if we're going to get it because this thing is really getting extended. uh not the most extended it can be. I mean, this thing could push into, you know, a little bit of a mid80s RSI uh before really coming in.

But I think uh I'm just going to stick with what I was saying earlier about the price action we could end up seeing here. I mentioned this back in u I think it was a day or two ago happy hour.

If you look at what happened in the beginning of 2025 where we had a big move up and then it started to slow down as we got into uh February, it still grinded higher, but it it noticeably um you know was was not the uh the parabolic move that it had originally been in the end of January.

I think that we're going to start to see some of that slowdown and then there's going to be, you know, that one day where we hit that uh another pop and then it just leads to a massive selloff.

So that's what I'd be uh looking at here for Meta. Still think this could slowly grind higher, but there's a big drop coming in my opinion.

All right. Now, Meta here, we are above one of these trend lines here. A back test of this trend line. Might be all right for it. We'll see if we get that though. And uh you can see we have a target trend line here that's above 900. I'm not sure we actually get to that 13.

basically what I got is is long meta short IWM.

And then the other big story is Meta. What's going on with Museai and the Meta Connect conference kicking off at 700 p.m. Eastern tonight? Meta's been our number one pick for a few days in a row.

It really paid off Monday on Yum Kapoor while I was out of the office. Made a ton of money. Was my best day of the year Monday. Um, gave a little bit back yesterday on Meta. I'm back to being number one pick of the day today.

I've been saying the target is a new all-time high of 800 plus called 793 plus there and I think that can come within the next few sessions. Uh could be tricky trading it tonight into tomorrow with potentially some sell the news dynamics but um man I'm not going to I'm not going to give the whole speech I gave this morning on the morning show and Douggee about why I'm so bullish meta but he's very bullish Meta.

Let's just say that when you turn a someone who's like, you know, bearish Meta, anti- meta, and you get them to flip their sentiment and become bullish meta, 10% of their stock in the meta deal.

Like, you know, those are the best catalysts. The best catalysts are the catalysts that change the sentiment of a bear, right? And remove the bearish sentiment and say, "Wow, now I have bullish sentiment on this stock."

Those are the most powerful rerating catalysts and I think we're in the midst of that happening right now going from you know uh multiple compression to multiple multiple expansion because sentiment going from negative to positive on this uh Muse AI release and um yeah I mean I could spend a long time talking about about Muse and how it's gamechanging but all I'm going to say is keep hitting it number one pick of the day here um we think it can buck market trend it is okay up one and a half% uh price target of 793 to 800 I think it can happen within days but again you can have lots of sell the night news dynamics tonight and tomorrow so a little bit of a trickiness trading this in the very near term perhaps although you know I was killing it this morning and no one told me I was supposed to sell all my meds at 76390 if someone told me then I'd be in a little better position right now

And then you also had the news today uh with uh Meta is um working on Meta Pay for Muse, a first party wallet for its AI agent. So that's coming out today. Um we'll see what happens there with that, but it's pretty cool because right now I think it's third party they have.

>> 277 target. I wish I had more. And that's kind of where my focus is at now. It's long meta short IWM.

I think it's uh you know, I I kind of blocked my bot from working today because I went all in meta on margin and my bot messaged me this morning. They're like, "You have zero buying power because you're all in meta."

I'm like, "Yeah, tough sucks for you. I want to be all in meta, right?"

>> So anyway, uh yeah, it still seems like even though I sold some meta, still doesn't have enough buying power to do anything.

>> That's it, man. That's like kind of all that's on my mind here is long meta, short IWM as a hedge. Got the SOC hedge with some upside optionality on a catalyst.