$Marathon Digital Holdings Inc(MARA)$ May 29 MARA US Bitcoin production was 17.87 Bitcoin for a MTD total of 553.9 Bitcoin averaging 19.1/day with a May estimate of 592 Bitcoin. Add ~30 Bitcoin to this total for Abu Dhabi and Paraguay estimating 622 Bitcoin globally. By comparison for May, CLSK will report ~413 Bitcoin and RIOT will show ~176 Bitcoin; BITF will report ~150 Bitcoin payouts from Foundry and CORZ should report close to 450 Bitcoin based on their daily website reports. MARA and CLSK should be the only miners adding Bitcoin to their treasury in May. MARA has sold 499 Bitcoin in May.
$NVIDIA Corp(NVDA)$After the spectacular rally of recent weeks, signs of fatigue are emerging in NVIDIA's stock. A correction at this point would be healthy, although it could be severe. If we apply both a volume profile and Fibonacci levels, we find an extraordinarily conspicuous confluence in the range between $950 and $960, just above the open gap from May 22, 2024 (Earnings Day). However, the confluence area does not completely fill the gap, which aligns with the typical market behavior of not fully closing price gaps, but rather reversing shortly before, thereby shaking out greedy bears from their positions.
$Chewy, Inc.(CHWY)$ To be honest, Petco's earnings were a pretty good portent regarding first quarter in the pet industry. Chewy definitely lived up to that. Both companies have given positive guidance and next quarter should be even better. The solid earnings from Petco and Chewy highlight the strength and resilience of the pet industry. Positive forward guidance from both companies suggests continued growth and strong market performance. Consider buying or holding shares of Petco and Chewy based on strong current performance and positive guidance. Maintain investments and monitor future earnings reports for continued growth and potential additional opportunities.
$Tesla Motors(TSLA)$Tesla has fake support from the central banks 24/7. All the money is fake and printed to create liquidity. The company don’t have any alternative motive and the green agenda is dead in the water. Trump will take back the whitehouse easily. One stock to avoid Valuation is stupid
$Amazon.com(AMZN)$This should be over $200 right now. The stock has only increased by $2.28 since earnings were reported on April 30. Yet we had a positive earnings report of $0.98 versus a consensus of $0.88. It did get to a high of $191.70 on May 9 and I was convinced we would see $200+ by end of May. I'm at a complete loss understanding why we never reached $200. Regardless, I'm long and bullish.
$Palantir Technologies Inc.(PLTR)$Awesome news!!! I’m staying through course until it hits $100. That could be sooner than later. All we need is a streak of big and small contracts coming in and the magic will happen. I’m not saying anything surprising right now, but 1 of these is $593 right now. Might be a good investment….
$Alphabet(GOOG)$"Everyone knows GOOG will easily surpass $200 this year and keep climbing every year this decade"Yes, this might very well be true. However, recent market activity seems to be held up by a relatively small number of stocks (i.e. Nvidia), so potential downturns from here are not exactly impossible. While the sentiment around GOOG is bullish, the reliance on a few stocks driving the market warrants a cautious approach. Potential downturns in these key stocks could affect GOOG. GOOG's strong fundamentals and growth prospects suggest a positive long-term outlook. The company is well-positioned to continue its upward trajectory over the decade.Maintain a bullish stance on GOOG, focusing on its strong fundament
$Taiwan Semiconductor Manufacturing(TSM)$trying to hold trendlineit's like an injured dog,liable to do anything herestill bullishWhile TSM is currently attempting to hold its trendline support, the situation is volatile and uncertain. The outlook remains cautiously bullish as long as the trendline holds. Investors should watch closely for a break above or below the trendline to determine the next direction. If the trendline support is maintained, it could lead to a rebound and continuation of the bullish trend. If it breaks, prepare for potential downside movement.
$PDD Holdings Inc(PDD)$Last week we had to put up with GCT blowing up on the back of the short sellers. With HIMS giving back a bulk of its gains. And for a while PDD, going nowhere on the back of its earnings. And yet, the portfolio remains strong.
$PDD Holdings Inc(PDD)$I think we see a massive breakout here this week from the falling wedge pointing right at the 61 Fibonacci (golden zone/reversal zone). Possibly the tiny open gap will be closed with a candle wick. The 50-day line should provide massive support together with the two green spirals. Stochastic and RSI are ready for the next run.