$EHang Holdings Ltd(EH)$Buy the end of the day the day traders are square and the retail investors are left holding stock at near days highs.Its normal market activity and one day I suspect the real rebalancing will happen and cause a massive short squeeze when the price will ‘pop’ to crazy valuations.If you are holding long term this is pure entertainment and you can sit back, feet up and casually observe. Buy the dips. I have said this since $10 and $11. In the long run, EH will be a multibagger. Today a little bit manipulation by banks, funds, etc. All want to buy cheap ...Long term we’re staying in and waiting for some real revenue producing operations. I get the feeling we’re getting very close to seeing if this busin
$EHang Holdings Ltd(EH)$I think we’ll see some short covering before the end of the day it’s been a good rundown for the traders. There are guys who are rich enough to buy the whole float. Just relax. If we know EH is the next Tesla, the billionaires know that too. Such a volume...I guess some big guys helps others to cover. We saw this type of movement when we explode to 100 level. Lets see what will happen?Traders know there isn’t any consolidation once there is a big spike in price so you can’t blame them for shorting after a 27% rise. The $900-1bn is probably fair value no the knows so far. Come on guys you know it’s a market it’s normal the valuation is nearer fair value.
$Coinbase Global, Inc.(COIN)$$Coinbase Global, Inc.(COIN)$ Ladies & Gentlemen, Boys & Girls, Nitwits & Newbies, Good day! Salaam! Shalom! Namaste! I am back with bad news for 'Scamcoin,' aka Bitcoin! Bitcoin Drops One asset that’s no stranger to outsized moves is Bitcoin, which slid Tuesday as investors digested a record daily outflow from the world’s biggest exchange-traded fund for the token. The largest digital asset shed about 3% to trade after the $25 billion Grayscale Bitcoin Trust, or GBTC, posted a $643 million outflow on Monday, the most since it converted into an ETF on Jan. 11. Joe Weisenthal takes a closer look at the current crypto landscape below.
$Microsoft(MSFT)$Enterprise Enterprise Enterprise!! After all its Nadela the master mind! - keep golden goose (enterprise) with it as recurring revenue - Control the wallet of big enterprises who will have to use Azure for all AI services! - let AI chat war happen over all chat bots - key is Github Copilot (on fire across enterprise), Security CoPilot and Azure AI services across any LLMs $Microsoft(MSFT)$$Invesco QQQ Trust-ETF(QQQ)$$SPDR S&P 500 ETF Trust(SPY)$
🌟🌟🌟$XPeng Inc.(XPEV)$ has just reported its Q423 earnings yesterday that saw record revenue with net loss narrowing significantly and gross margin turning positive. XPeng reported revenue of RMB 13.05 billion (USD 1.84 billion) in Q423, up a massive 153.9% from the previous year quarter and up 53% from 3Q23. This increase in revenue was attributed to a slight increase in average selling price and a higher mix of its G9 model sales. XPeng also reported a net loss of RMB 1.35 billion for Q423 compared to RMB 3.9 billion in the previous quarter. XPeng saw its vehicle gross margin improve by 10% quarter over quarter to 4.1% marking a return to positive figures. Operating expenses presented a mixe
My Watchlist [77]: AI... Explosive Move to 55.58 Next?
*TA as of 12/3/24 Hi everyone! Today I’ll be updating my TA on an AI company (and Jensen Huang’s favourite word), which I last charted several months ago: C3.ai, Inc. (NYSE: AI) A look at the weekly chart shows that AI was previously trading in a cup and handle pattern, with an 8-month handle from Jun’23 to Feb’24. It recently broke out from its handle (pink trendlines) and backtested the breakout. Solely based on the technical pattern, we should minimally see a move back towards the top of the cup at 44.90 before pushing towards new highs. The next big resistance sits at around 55.58, hence my target price. A small bullish divergence was also formed when we retested the 23.61 area to form a “W” pattern. On the daily chart, I note that AI might be trading in a near-term ascending broadenin
My Watchlist [78]: MRVL... Marvellous towards 91.18?
*TA as of 17/3/24 Hi everyone! Today I’ll be covering one of the other chipmakers: Marvell Technology, Inc. (NASDAQ: MRVL) MRVL has been making a series of higher highs and higher lows (black trendline) since 2016. The trend has accelerated 3 times so far - 2020 (blue trendline), 2023 (pink trendline) and 2024 (purple trendline). It is currently trading in an ascending broadening wedge expansion pattern with higher highs and lows (purple trendlines). RSI is catching my attention with a possible hidden bullish divergence forming for the first time here, but more on that later. Moreover, notice how we broke above but rejected the 78.6% extension at 80.99 - this price action is similar to the price action at the 61.8% extension at 70.89. On the daily chart, we can see the expansion pattern in
My Watchlist [76]: F... Pressing It Sends It to 31.37?
*TA as of 11/3/24 Hi everyone, today I’ll be updating my TA for a legacy automaker which I last covered a long time ago: Ford Motor Company (NYSE: F) F is trading in a long-term bullish rounding bottom setup - notice how “perfect” the bottoms have been thus far. Just by looking at the monthly setup, it is pretty evident where the long-term target is situated - namely the 31.37 imbalance from 2001! Moreover, notice the falling wedge (orange trendlines) setup back into the rounding bottom support, which we’ll cover in greater detail below. On the weekly chart, we can see that F has been trading in a falling wedge consolidation pattern since… January 2022! It has been more than 2 years of mindless chop. However, in January this year, F broke out of the falling wedge on increased volume and is
The easiest way to identify risk: Follow a big short
There is a recent trend of stock correction, and other stocks can do a sell call or buy put depending on the situation, but Nvidia and Flatbread still recommend to do a sell put, because I suspect that the probability of sideways is greater. Nvidia's growth is now the global consensus, and no one should be willing to throw away chips.Bitcoin I made a 185 sell put $COIN 20240419 185.0 PUT$ , of course, the safer point is 150, that is, when the financial report was disclosed, but it doesn't matter then add positions.The market correction amplitude to large speculation is back to early February. On February 29, some institutions bought 180,000 lots of $PUT options on a $100ETF(QQQ) with a December expiration strike price of
$Ontrak, Inc.(OTRK)$ stock is on the rise Tuesday as investors prepare for the artificial intelligence (AI) healthcare company’s presentation at the 36th Annual Roth Conference.The management team at Ontrak is planning to hold a live fireside chat later today. That will take place at 4:00 p.m. Eastern Time and will be available afterward on the company’s website. Traders will have to register to take part in the event.Investors are no doubt hoping for positive news from the AI healthcare company. Insight from its leadership team could provide a positive catalyst for OTRK stock.It’s also worth mentioning that AI stocks are undergoing a boom right now alongside $NVIDIA Corp(NVDA)$ . This comes as the g
Fusion Pharmaceuticals to be Acquired by AstraZeneca, Surged 97.27%
$Fusion Pharmaceuticals Inc.(FUSN)$ to be Acquired by AstraZeneca, Accelerating Development of Next-Generation Radioconjugates to Treat CancerTransaction includes actinium-based clinical-stage radioconjugate targeting PSMA for prostate cancer, pipeline of radioconjugates and state-of-the-art R&D and manufacturing facilitiesFusion shareholders to receive $21.00 per share in cash at closing plus a non-transferrable contingent value right (CVR) of $3.00 per share, representing a total transaction value of approximately $2.4 billion including the CVRHAMILTON, ON and BOSTON, March 19, 2024 /PRNewswire/ -- Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), a clinical-stage oncology company focused on developing next-generation radioconjugates (RCs) as prec
Just now, $XPeng Inc.(XPEV)$$XPENG-W(09868)$ released its fourth-quarter report, and the stock price rose over 3% in the pre-market.The strong trend made people mistakenly believe that the financial report was amazing, but after careful examination, there was not a single bit of optimistic information besides the reduction in losses.Specifically, XPeng's fourth-quarter revenue reached 13.05 billion yuan, a year-on-year increase of 153.9%.The surge in revenue was mainly driven by sales, with 60,792 vehicles delivered in the fourth quarter, an increase of 173.8% compared to the same period in 2022.However, the revenue per vehicle in the fourth quarter was 203,000 yuan, a decrease of 3.3% compared to the s
Options Spy | Good landing, Apple ushered in a small peak of selling call options
On Monday, March 18, the S&P 500 closed 5149.42, up 0.63%. SPY options direction of the day showed bearish, subdivision sort buy put options sentiment ranked first. delta's first move was to sell the CALL option $SPY 20240318 515.0 CALL$ Apple and Google are reportedly in talks to license Google Gemini to provide new features for iPhone software due out this year. The people briefed on the matter spoke on the condition of anonymity because the discussions were private. It was also revealed that Apple had recently held discussions with OpenAI to consider using its model.After the close of trading on Monday, CALL selling was overwhelming, and calls were heavily sold during the week:
$Tesla Motors(TSLA)$ The electric-vehicle maker is hiking the price for all of its Model Y vehicle trims in the U.S. by $1,000 beginning April 1. To confirm it’s not a joke, Tesla announced on Saturday that that it would increase the prices of Model Y by $2,177 in multiple European countries by March 22. ⚠️ Trading tips: Need to break 177 for calls, otherwise looking elsewhere. Cup & handle or a fake breakout? CEO Elon Musk explained the move as a seasonal one, saying that consumer demand is seasonal, though manufacturing needs to be steady throughout the year. Car-buying tends to pick up in the spring in the U.S. as Americans receive their tax refunds. --On pace for largest percent increase since Feb. 15
Option Movers | Alphabet Sees 72% Call Options; YOLO Crowd Bets Nvidia Could More Than Double by Friday
Market OverviewWall Street's main indexes closed higher on Monday (Mar. 18), with megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited anxiously for the U.S. Federal Reserve's meeting this week.Regarding the options market, a total volume of 35,347,882 contracts was traded, down 21% from the previous trading day.Top 10 Option VolumesTop 10: $SPY(SPY)$, $QQQ(QQQ)$, $SPX(SPX)$, $TSLA(TSLA)$, $NVDA(NVDA)$, $AAPL(AAPL)$, $VIX(VIX)$
Initial Report: Super Micro Computers Inc. (SMCI), 9% 5-yr Potential Upside (VIP SEA, Siva PALANIVELU)
Company Overview Super Micro is Silicon Valley based provider of accelerated compute platforms that are application-optimized high performance and high efficiency servers and storage systems for a variety of markets, including enterprise data centers, cloud computing, artificial intelligence, 5g and edge computing. Super Micro’s total IT solutions include complete servers, storage systems, modular blade servers, blades, workstations, full rack scale solutions, networking devices, server sub-systems, server management and security software. Server and Storage Systems SMCI sells accelerated compute platforms comprising a combination of server and storage systems in rackmount, blade, multi-node and embedded form factors, which support single, dual, and multiprocessor architectures. Key produc
Are we facing an inching recession - consumption, savings & debt?
Business Insider published an article on 10 Mar 2024 that spoke about how Dimon & Dalio’s recession prediction was wrong. Here is an extract: The strength of the US economy's performance has some experts thinking the country is on its way to a "soft landing." But not all economists are sold on this rosy outlook.In a recent interview with CNBC's Fast Money Halftime Report, Dimon also expressed some pessimism, stating, "markets change their mind pretty quickly." "Remember, in 1972 you felt great, too. And before any crash, you felt great, and then things change," he said. The market has mixed views towards recession as per the screenshot above. From the 2024 YTD heatmap of S&P500 companies, the companies are mostly in green (doing well - in terms of stock price increase) with a few u
🎁Surge in Option Trading: A Systemic Risk or Price Stability Tool?
Since March, the market enthusiasm brought about by artificial intelligence is expected to usher in a new milestone. The scale of individual stock options trading will once again exceed the stock trading volume after nearly three years.In recent years, trading including ultra-short-term options has continued to be hot and has become the main driver of violent fluctuations in the stock prices of many companies.As the fever in the derivatives market persists, will the Fed's next policy stance pose a risk of market disruption?Data compiled by Goldman Sachs last week showed that U.S. stock options trading volume in March was on track to exceed equity trading volume for the first time since late 2021, raising the possibility of significant market volatility.At that time, turning points came one
$Apple(AAPL)$ An apple a day. Historically, Apple Inc has been an excellent investment. Shares have produced gains of +22% per year since the 1980s. And +28% in the iPhone era (i.e., starting in 2007). Unfortunately, the Consumer Electronics stock seems to have lost its mojo in 2024, at least so far. YTD, Apple has underperformed the $SPDR S&P 500 ETF Trust(SPY)$ by a whopping 18 percentage points in less than three months. Two reasons why Apple tanked. (1) Hurt by Chinese demand. - About 54% of Apple’s revenues come from its core iPhone product, fueled by demand and customers’ loyalty. - The plus point is also its negative point a