Smart money is getting selective, not silent. Today's options tape showed fresh institutional activity in names tied to AI, semis and space, while unusual volume continued to cluster in select leaders rather than the broader market. One stock still on my radar is $RKLB. It peaked near $150 this year and now trades around $64 after its $8B Iridium acquisition announcement cooled sentiment. Yet fundamentals remain active. Rocket Lab recently secured a $266M U.S. government suborbital launch contract, while Wall Street targets remain high: Bank of America $115, Citizens $130, with a consensus near $110. The signal many investors may be missing is that institutions often accumulate before headlines improve. Watching $63 to $71 remains key. Is this consolidation... or smart money preparing for the next move?
