2 "Magnificent Seven" Stocks at All-Time Highs I'd Buy Right Now
Just because a stock is higher than ever doesn't necessarily mean it's expensive.While it's tough to argue that most of the "Magnificent Seven" stocks would be bad long-term investments, there are two in particular that I'd be eager to buy right now. $Amazon.com(AMZN)$ is trading at just 2% below its all-time high, but its profitability is still in the relatively early stages.The other is $Alphabet(GOOG)$ , the parent company of Google. Alphabet actually just reached a fresh all-time high as I'm writing this (on May 16), and its recent results gave investors a lot to smile about.Here's a rundown of why I'd buy both of them right now (I already own Amazon) despite the strong recent performance.
$Amazon.com(AMZN)$placed an order on Temu, it was filled and shipped by Amazon? Saw the item first on Amazon 29.99, then saw a same item on Temu 19.18.Placed order with Temu, but on their order confirmation to be shipped by Amazon full fillment . ARRIVED IN 2 DAYS? What is going on ?[Smart][Smart][Smart]
$Amazon.com(AMZN)$$Wal-Mart(WMT)$ 's eCommerce growth has been outpacing that of Amazon in recent years. In 2022, Walmart's eCommerce sales grew by 17%, while Amazon's grew by just 2%.This trend is expected to continue in the coming years, with Walmart currently 7% of e-commerce market share, potentially disastrous for Amazon if this trend continues.[Pitiful][Pitiful][Pitiful]And Walmart is just more FUN!![Sly]
$Amazon.com(AMZN)$So much negativity on this board, unless you are holding AMZN why are you here? That includes the scammer Victoria and her cohorts, I’m here because I own shares and when I sell it’s bye bye.I’m still holding, when I do sell I’ll post it. I still believe AMZN will break out soon.[Sly][Sly][Sly][Lovely][Lovely]What’s more, Amazon has massive long term potential based heavily on AWS, AI, Advertising and eventually Internet Worldwide for both commercial and home use. I would not rule out a $6 Trillion market cap within 5 years. Long and ultra bullish.
$Amazon.com(AMZN)$JASSY must split AMZN into 3 businesses if he wants to be loved by the stockowners. This is no brainer. REMEMBER too when stup JASSY split the stocks too late...it kept going down. LOOK at $NVIDIA Corp(NVDA)$ , when they split the stocks it went to the roof. JASSSSSY WAKE UP...THINK THINK THINK[What][What][What]
$GameStop(GME)$The actual business model is just about however they stay relevant over time; it may be by refurbishing older consoles or something, and keeping a stock of vintage games or something.I don't think it's over for Gamestop anytime soon, but I haven't played video games in years. But even I - someone who doesn't game, shopped at Gameshop or Babbage's before that. Anyhew, literally none of us are here for the business model, we're here for to take money from shortsellers and drive the stock price up and make a lot of money in a short time.[Sly][Sly][Sly]
$Coinbase Global, Inc.(COIN)$So let’s see, Coin trades down $14.00 yesterday as Bitcoin drops $150.00.Today, bitcoin is up $1070.00 and Coin is struggling to hold a $4.00 gain.Coin is getting hit by institutional shorts…This thing is going to $180.00[LOL][LOL][LOL][Sweats]Hope I’m wrong.
$Coinbase Global, Inc.(COIN)$ is up around 7% in less than two days, coin is down (or at best even) during this same time period.Love how we are going to see some delayed profits, especially when BTC breaks out again in the coming days.[Miser][Miser][Miser]With how high crypto has stayed during Q2 and considering the positive outlook for the foreseeable future of Crypto, we can sit calmly and just enjoy the ride. Wish you all the best.[Smart][Smart][Smart]
$Coinbase Global, Inc.(COIN)$I understand stock compensation, but all the Execs should be fired for stupidity for selling millions of $ in stock at below market when bitcoin is in a consolidation. It demonstrates poor judgement and bad management. Taking a deep breath, calming down . Down 10K today but I'm in for the long haul. [Sweats][LOL][LOL][LOL][LOL]
$NVIDIA Corp(NVDA)$I actually think every single person in this board does know that NVDA will continue to skyrocket, that a massive earnings report next week will be setting a new high, that the rest of 2024 through at least 2026 is in the bag, and this will be a consistent wealth maker for longs (albeit with typical ups and downs we would expect). Those who say otherwise are posers trying to manifest the opposite are simply scared and regretful of their short positions
$NVIDIA Corp(NVDA)$Still well above 900 as we have the 5/22 showdown coming up, which isn't bad if you bought it a long time ago.Both calls and puts are were essentially wiped out at expiration on 5/17, so brutal.My 5/24 calls 840 and 915 are still intact and profitable.Again, it's much better to have a steady rise ahead of an earnings report than a parabolic rise, otherwise heavy profit-taking is inevitable even with excellent earnings and guidance.
$TENCENT(00700)$TCEHY dominates China’s online consumer market by revenue size and traffic volume. Most of its services rank in the top three by user base. The globalization of the game business, higher social ad monetization, and fintech offerings all underscore positive fundamentals. However, from 2010-2021, TCEHY was the gold standard for the China internet space, until regulatory and geopolitical headlines reversed growth momentum.Bottom Line: Building a new base. Valuation is still undemanding.
Michael Burry Boosts Bets on China Big Tech as Stocks Rebound. $TENCENT(00700)$I bought 500 shares of tencent before earnings. tariffs on physical goods cant hurt a software company! still think we could see a breakout if Tencent, Baidu, Alibaba, etc are all beginning to accelerate cloud again and demand picks up. just added more in the Hk exchange ✌️🙏
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
$TENCENT(00700)$Tencent said in its earnings release: revenue for its China gaming business in the first quarter fell 2% year-on-year, an improvement on the 3% fall seen in the fourth quarter. Gross profit for the ad business grew 66% year-on-year to 14.5 billion yuan. Tencent beat analyst estimates for revenue and profit in the first quarter, thanks to slightly better sales in the Chinese tech giants core gaming business and improved profitability at its advertising and business services division.This should be green today!
$CleanSpark, Inc.(CLSK)$ Cant predict the timing parabolic BTC move...but easy to predict it will happen...when it does CLSK will parabolically follow. I see this stock much higher in the near future. If volatility scares look elswewhere. If making money is your goal.....this is 🎯In the first half of this year, CLSK share price soared to 285% as the price of bitcoin rose. Expect CLSK's share price to rise again as the bitcoin price stabilizes. From a market capitalization perspective, CLSK has more room to rally, and potential growth momentum as compared to companies like MSTR, COIN and Mara. $30 by June.
$CleanSpark, Inc.(CLSK)$ There is a lot of open interest looking to expire at $17+. I wouldn't be surprised to see it close below $17 today to wipe out all these calls. It's a tough market for options, I don't recommend you play in them if you don't know what you're doing. Buy common shares, DCA, hold. It's a better strategy. GL bulls.
$CleanSpark, Inc.(CLSK)$ how do these miners handle the fact that their rewards for their mining efforts are now abruptly cut in half.. effectively getting 33k for a btc instead of 66k.... as well as a long slow metriculation downward now... 4 years till next halving... they cant survive.
$CleanSpark, Inc.(CLSK)$ We have a very deep-pocketed seller involved with this ticker and they pay very close attention to the technical side. Makes me think its algo driven. I have had a very hard time keep track of their latest offering so its possible we have seen an increase to valuation with the additional shares that have been added to the float. Who knows.
$CleanSpark, Inc.(CLSK)$ I sold my shares and took my 6% profit. No doubt you will make money if you buy here, but the opportunity cost is currently very high. So many tickers to make money on right now. Looking to revisit after they exhaust a much higher percentage of their offering. We have institutions and the company selling shares in to every rally. Too much headwind right now
$JD.com(JD)$look at all the China love now. Yall love that fucky fucky long time now huh…😂 Oh now yall love that Chinese dragon…😂 Chinese stocks at their lows on fire sale everyone bitching, crying, fuck this shit, selling. Now yall cheer paying 50-100% for the same stocks…never fails…always buy the hate lows.😉😁
2 "Magnificent Seven" Stocks at All-Time Highs I'd Buy Right Now
Just because a stock is higher than ever doesn't necessarily mean it's expensive.While it's tough to argue that most of the "Magnificent Seven" stocks would be bad long-term investments, there are two in particular that I'd be eager to buy right now. $Amazon.com(AMZN)$ is trading at just 2% below its all-time high, but its profitability is still in the relatively early stages.The other is $Alphabet(GOOG)$ , the parent company of Google. Alphabet actually just reached a fresh all-time high as I'm writing this (on May 16), and its recent results gave investors a lot to smile about.Here's a rundown of why I'd buy both of them right now (I already own Amazon) despite the strong recent performance.
$Amazon.com(AMZN)$So much negativity on this board, unless you are holding AMZN why are you here? That includes the scammer Victoria and her cohorts, I’m here because I own shares and when I sell it’s bye bye.I’m still holding, when I do sell I’ll post it. I still believe AMZN will break out soon.[Sly][Sly][Sly][Lovely][Lovely]What’s more, Amazon has massive long term potential based heavily on AWS, AI, Advertising and eventually Internet Worldwide for both commercial and home use. I would not rule out a $6 Trillion market cap within 5 years. Long and ultra bullish.
$GameStop(GME)$The actual business model is just about however they stay relevant over time; it may be by refurbishing older consoles or something, and keeping a stock of vintage games or something.I don't think it's over for Gamestop anytime soon, but I haven't played video games in years. But even I - someone who doesn't game, shopped at Gameshop or Babbage's before that. Anyhew, literally none of us are here for the business model, we're here for to take money from shortsellers and drive the stock price up and make a lot of money in a short time.[Sly][Sly][Sly]
$Coinbase Global, Inc.(COIN)$ is up around 7% in less than two days, coin is down (or at best even) during this same time period.Love how we are going to see some delayed profits, especially when BTC breaks out again in the coming days.[Miser][Miser][Miser]With how high crypto has stayed during Q2 and considering the positive outlook for the foreseeable future of Crypto, we can sit calmly and just enjoy the ride. Wish you all the best.[Smart][Smart][Smart]
$Amazon.com(AMZN)$$Wal-Mart(WMT)$ 's eCommerce growth has been outpacing that of Amazon in recent years. In 2022, Walmart's eCommerce sales grew by 17%, while Amazon's grew by just 2%.This trend is expected to continue in the coming years, with Walmart currently 7% of e-commerce market share, potentially disastrous for Amazon if this trend continues.[Pitiful][Pitiful][Pitiful]And Walmart is just more FUN!![Sly]
$Coinbase Global, Inc.(COIN)$So let’s see, Coin trades down $14.00 yesterday as Bitcoin drops $150.00.Today, bitcoin is up $1070.00 and Coin is struggling to hold a $4.00 gain.Coin is getting hit by institutional shorts…This thing is going to $180.00[LOL][LOL][LOL][Sweats]Hope I’m wrong.
$Amazon.com(AMZN)$JASSY must split AMZN into 3 businesses if he wants to be loved by the stockowners. This is no brainer. REMEMBER too when stup JASSY split the stocks too late...it kept going down. LOOK at $NVIDIA Corp(NVDA)$ , when they split the stocks it went to the roof. JASSSSSY WAKE UP...THINK THINK THINK[What][What][What]
$Coinbase Global, Inc.(COIN)$I understand stock compensation, but all the Execs should be fired for stupidity for selling millions of $ in stock at below market when bitcoin is in a consolidation. It demonstrates poor judgement and bad management. Taking a deep breath, calming down . Down 10K today but I'm in for the long haul. [Sweats][LOL][LOL][LOL][LOL]
$Amazon.com(AMZN)$placed an order on Temu, it was filled and shipped by Amazon? Saw the item first on Amazon 29.99, then saw a same item on Temu 19.18.Placed order with Temu, but on their order confirmation to be shipped by Amazon full fillment . ARRIVED IN 2 DAYS? What is going on ?[Smart][Smart][Smart]
Michael Burry Boosts Bets on China Big Tech as Stocks Rebound -- but can a rebound off the bottom stick with the new round of tariffs & trade embargoes planned?The Chinese tech stocks he bought are domestic tech stocks with effectively no money coming from america (or the rest of the world really). Baidu $Baidu(BIDU)$ and jd.com $JD.com(JD)$ theoretically would benefit from retaliatory tariffs since it would further box out competitors. However google $Alphabet(GOOG)$ is basically banned already, and JD is competing with alibaba $Alibaba(BABA)$ - Amazon
$Tesla Motors(TSLA)$In financial trading, a "bullish bat" typically refers to a specific chart pattern within technical analysis. It's a harmonic pattern that traders look for on price charts to potentially predict future price movements. The bullish bat pattern is characterized by several specific Fibonacci ratios among various points on the chart, usually involving retracements and extensions. These points include the X, A, B, C, and D points. The pattern resembles the shape of a bat, hence the name. Traders who identify a bullish bat pattern believe that it indicates a potential reversal of the current downtrend and suggests that the price may start moving upward. However, like all technical analysis tools, it's not f
$Intel(INTC)$Intel's recent breakthrough in silicon spin qubits has the potential to revolutionize quantum computing. This advancement could lead to high-volume production of miniaturized quantum processors and interconnected processor networks, significantly boosting Intel's stock price.Long INTCwith entry at $32.80.* Price targets range from $34.61 to $70, with potential for significant upside.* Stop-loss recommendation at $24.63 for risk management.* Intel's leadership in quantum computing positions them for major growth in a rapidly developing field.* The potential applications of quantum computing are vast, impacting various industries and sectors.* Early investment in Intel could provide substantial returns as quan
$NIO Inc.(NIO)$anyone own tesla stock here and bought before it ever split? Well tesla share price right now is at 174 multiply by 15 (5to1 then 3to1 split) =$2610. Meanwhile Nio trading at 5 dollar range. Just calculate the percentage for Nio shares to reach 2600 dollars. That a 53000% increase 53000%! So is this the fair value of Nio!? 5 bucks!? But this is what our market values it at. Not even 10-20 bucks! This stock should not be trading in the 5’s! I actually own 15 shares of tesla but it was the 1 share I didn’t sell when I bought 2019. My 1 share is worth 2600 split into 15 and so I own 15 shares of tesla currently trading at 174. This is why I’m in awe. Anyways let’s ride this back up to where it belongs! Think a
$CleanSpark, Inc.(CLSK)$ Cant predict the timing parabolic BTC move...but easy to predict it will happen...when it does CLSK will parabolically follow. I see this stock much higher in the near future. If volatility scares look elswewhere. If making money is your goal.....this is 🎯In the first half of this year, CLSK share price soared to 285% as the price of bitcoin rose. Expect CLSK's share price to rise again as the bitcoin price stabilizes. From a market capitalization perspective, CLSK has more room to rally, and potential growth momentum as compared to companies like MSTR, COIN and Mara. $30 by June.
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
$TENCENT(00700)$Tencent said in its earnings release: revenue for its China gaming business in the first quarter fell 2% year-on-year, an improvement on the 3% fall seen in the fourth quarter. Gross profit for the ad business grew 66% year-on-year to 14.5 billion yuan. Tencent beat analyst estimates for revenue and profit in the first quarter, thanks to slightly better sales in the Chinese tech giants core gaming business and improved profitability at its advertising and business services division.This should be green today!
$TENCENT(00700)$TCEHY dominates China’s online consumer market by revenue size and traffic volume. Most of its services rank in the top three by user base. The globalization of the game business, higher social ad monetization, and fintech offerings all underscore positive fundamentals. However, from 2010-2021, TCEHY was the gold standard for the China internet space, until regulatory and geopolitical headlines reversed growth momentum.Bottom Line: Building a new base. Valuation is still undemanding.
$NVIDIA Corp(NVDA)$I actually think every single person in this board does know that NVDA will continue to skyrocket, that a massive earnings report next week will be setting a new high, that the rest of 2024 through at least 2026 is in the bag, and this will be a consistent wealth maker for longs (albeit with typical ups and downs we would expect). Those who say otherwise are posers trying to manifest the opposite are simply scared and regretful of their short positions
$NVIDIA Corp(NVDA)$Still well above 900 as we have the 5/22 showdown coming up, which isn't bad if you bought it a long time ago.Both calls and puts are were essentially wiped out at expiration on 5/17, so brutal.My 5/24 calls 840 and 915 are still intact and profitable.Again, it's much better to have a steady rise ahead of an earnings report than a parabolic rise, otherwise heavy profit-taking is inevitable even with excellent earnings and guidance.
$CleanSpark, Inc.(CLSK)$ We have a very deep-pocketed seller involved with this ticker and they pay very close attention to the technical side. Makes me think its algo driven. I have had a very hard time keep track of their latest offering so its possible we have seen an increase to valuation with the additional shares that have been added to the float. Who knows.
$JD.com(JD)$JD kicked off 2024 with a bang! Discover how their first quarter performance is shaking up the industry.Watching $JD today for a break-out above $35.24, though it will need high volume. There's potential for about 9% gains. Also, $PBF is showing strong bullish signals. Wait for the volume to rise, then it's time to buy. Quick 8% potential there. 📈