$SUPER MICRO COMPUTER INC(SMCI)$ SMCI - daily chart analysis 💛 My target for this chart is 🎯$890 My 2nd target for this chart is 🎯1400 👀👀👀 I know it doesn’t seem or feel like it but SMCI has already broken out and now price has to actually catch up Holding such a long bullflag consolidation pattern is a bullish thing, it’s a case of the longer the base the higher the space. The measured move of the flag break puts it around $1400 and I think it gets there but first things first which for me is a tap of the 100SMA at $890 MACD is working on a new bullish cross but his formation is now all occurring above the zero line which is the key signal there for me
$NVIDIA Corp(NVDA)$ $NVDA Nvidia’s upgrade to $150 by UBS today was really important. Last week, New Street Research was the only firm on the street to actually raise questions about Nvidia’s demand NOT matching expectations for earnings. UBS today: “Our recent supply chain checks confirm our prior suspicions that demand momentum for Blackwell rack-scale systems remains exceedingly robust.” If UBS thinks Blackwell is going to contribute to an earnings beat (Jensen did say Blackwell revenue will show up this year) then $NVDA likely is ahead of estimates… After taking a breather, Nvidia is coming back..
Market Outlook of S&P500 - 08Jul24 > uptrend/ranging and some oversold
Market Outlook of S&P500 - 08Jul24 Observations: The MACD indicator has completed a bullish top crossover that implies a possible “bull” run. Chaikin Money Flow (CMF) is above the zero line in the middle which implies an uptrend. CMF seems to be moving sideways which implies buying and selling cancelling each other out. This remains in the bullish region. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long term and the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are on an uptrend. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more
FFIE: Can This Meme Stock Ever Rise Above Its Station?
Faraday Future's cutting-edge electric vehicle design Grim Prospects for Faraday Future As someone who's been keeping a close eye on Faraday Future Intelligent Electric Inc. (FFIE), I can tell you that the outlook for this electric vehicle startup is rather bleak. The company's financials are a minefield of troubling numbers, suggesting that $Faraday Future Intelligent Electric Inc.(FFIE)$ might be stuck in the penny stock doldrums for quite some time. While a rising tide might lift all boats in a bull market, FFIE seems more like a leaky dinghy in a storm. The Cold, Hard Numbers FFIE stock price performance over the past 2-years Let's start with the basics. FFIE's revenue for 2023 was a meagre $0.8 million. For a company trying to make a dent in
Find out more here: TIGER ROARS, DECADES SOAR. Join me to discover exciting features with me on Tiger Trade & win $1,010 worth of rewards! Unlock Financial Freedom: Why I Auto-Invest in VOO for Unmatched Growth and Stability Kia ora Tiger traders, Get ready to supercharge your portfolio with the Vanguard S&P 500 ETF (VOO)! This powerhouse ETF is designed to replicate the performance of the S&P 500 Index, giving you exposure to 500 of the largest and mos
$FLIGHT CENTRE TRAVEL GROUP L(FLT.AU)$ yes as it says party together. If you are trading in Australian securities the stock to buy for short term gain is Flight Centre group. Leading travel and leisure company, this stock.has the potential to gain 20% in a months time.
$AML3D LTD(AL3.AU)$ $AML3D LTD(AL3.AU)$ When you see the chart, seriously, do you buy... Or sell? Or maybe just hold... Interesting to see how the chart moves in the middle term. The shared price apparently appears overbought in the short term but it's correcting nicely today after another rocket 🚀 boost earlier in the day. This small company has started its journey well in defence sector. However, since it's in 3D printing biz, it can go into any industry. Just that being able to enter into US defence sector gives you the loud buzz! I just happened to tumble into it while doing my other defence research... The other hot favourite in Australian defence sector, $DroneShield(DRO.AU)$ I will
Investment Reflection: GOLD Cash-Secured Put Option Strategy
Overview On June 5, 2024, I engaged in an options trading strategy by selling two cash-secured put options on GOLD $Barrick Gold Corp(GOLD)$ stock, with a strike price of USD 16 and a maturity date of July 12, 2024. At the time, GOLD stock was priced at USD 16.70. By selling these puts, I collected a premium of USD 35 per contract, expecting the stock price to stay above the strike price or planning to buy the stock at a discount if it dropped. Strategy and Execution The strategy behind selling cash-secured puts was straightforward: collect premium income while being prepared to purchase GOLD stock at a favorable price if assigned. This approach aligns with my bullish outlook on GOLD and my willingness to acquire shares at a lower price poin
$Apple(AAPL)$ The Apple Bubble Apple's P/E Ratio: 35x 10-year average: 22x Apple's EV/EBITDA Ratio: 27x 10-year average: 15x Apple's Price to Sales Ratio: 9.3x 10-year average: 5.0x Apple's Dividend Yield: 0.5% 10-year median: 1.3% Apple's Free Cash Flow Yield: 3% 10-year median: 6% We need to see accelerated revenue and earnings growth to justify these valuations!! @charliebilello on X
$Palantir Technologies Inc.(PLTR)$ This company as mention, i have keep an outlook. The growth may not be fast and furious [Anger] Background[Cool] Palantir is the business of data analytics that specializes in providing solutions for data integration, analysis, and visualization. Their software platforms are used mainly by government agencies, financial institutions, and other organizations to make data-driven decisions and solve complex problems. The Industry Outlook [Happy] The data analytics is expected to grow in the coming years. Businesses need actionable insights from their data. PLTR is well-positioned to benefit from this trend as organizations seek to optimize their
$Alphabet(GOOGL)$ $Alphabet(GOOGL)$ Didn't explore further on MAG 7 ETF but it's not a bad ideal 💡 now to put it in my watchlist. Current MGK chart 📈 is beautiful 🤩 too. I will wait for opportunity to 🪝 fish 🐟 . I prefer stocks as vested in Google. Still no signs of stopping 🛑 [Cool] Uptrend 📈 momentum still intact, MA lines and MACD are Bullish, RSI 77+ Strong 💪 zone. Maybe 🤔 196++ to 201++ might be a potential area to TP [Miser]
I opened $CleanSpark, Inc.(CLSK)$ ,Rather attractive buy. Couldn't pass this up despite already having many weeks of $14.5 puts waiting to be assigned. CLSK and IREN have comparable prices right now, BUT CLSK mined 445 BTC in June while IREN only mined 233 BTC. Also, CLSK has much stronger cash and BTC holdings than IREN, that makes CLSK a more attractive buy than IREN now IMO. IREN has somewhat reached its peak.
[US Election Series #02] Finding Certainty Amid Election Uncertainty: Defensive Assets Are a Must!
Hello, Tigers!Welcome to the second article in our US Election series! In this piece, I’ll focus on how to find relatively certain investment opportunities amid the uncertainties of the election season.Ps: In the previous article, I highlighted a bullish opportunity in $Tesla Motors(TSLA)$ following its initial surge and trading opportunities in $SPDR S&P 500 ETF Trust(SPY)$ and US Treasuries:Article link: [US Election #01] Tesla soar 10% overnight: What new opportunities arise with the US election?Market Overview (2024/06/17-2024/06/30)In the recent period, global major indices have shown mixed performance. US small-cap stocks have seen signific