Stock to Avoid (PLTR) November FOMO, No Margin of Safety!
$Palantir Technologies Inc.(PLTR)$ Palantir has performed well this year, with its stock up 278%. This success stems from its AI products, which help large enterprises cut costs, retain customers, and boost profits. In the latest quarter, Palantir's revenue grew by 30% to $726 million, driven by a 54% increase in U.S. commercial revenue and a 40% increase in U.S. government revenue. The company’s “boot camp” strategy is effective in attracting customers, generating strong free cash flow. However, despite Palantir’s success, a slowdown may be on the horizon. Economic pressures, such as inflation driven by tariffs, could cause major corporations to tighten their budgets. While Palantir’s business may remain resilient, its stock might not fare as wel
【Weekly Wealth Trends】 Nvidia Earnings: Rally or Pullback? How to Strategize This Week?
Hello, Tigers!This week, alongside a wave of earnings releases from U.S.-listed Chinese companies, all eyes are on Nvidia, the “king of stocks,” which will report its earnings after the market close on Wednesday. How should investors strategically position themselves this week?1. Nvidia: Can it beat expectations again?Nvidia is set to release its Q3 earnings after the close on Wednesday. The key focus will likely be its Blackwell GPU lineup. However, Nvidia's lofty valuation has raised doubts among analysts and traders about its continued upside.Bearish Analysts:Some analysts argue that the excitement around Blackwell GPUs may be overdone. While these chips could accelerate Nvidia's growth as the leader in the AI GPU market, current investor expectations seem excessively optimistic, exposi
Strong reasons to show Bitcoin and companies holding Bitcoin to improve and add value to investors. 1. Donald Trump pro-business stance. He haven't took office yet and the market have already responded positively. Wait till he goes in office to implement what he wants to do for USA. To be great again, America got to be spending more money to boost economy. The new asset class to hedge against inflation is Bitcoin which is the gold standard of cryptocurrencies. 2. With #MSTR and #TSLA and other companies buying Bitcoin and holding BTC long term, it's easy to see why #BTC & Bitcoin related companies & ETF going up in value. 3. Social proof of Bitcoin's value continues to soar as Michael Saylor & even Elon Musk being active on social media and advocates of Bitcoin as the go-to dig
Fintech Stocks Are Leading as the Sector Outperforms the Market The fintech sector saw remarkable gains this week, driven by standout earnings results from companies like Upstart, Affirm, SoFi, and Bill Holdings, which surpassed market expectations. President Trump's financial deregulation plans, combined with the interest rate cut cycle, have created a positive sentiment for fintech companies, prompting investment banks to raise their ratings for these firms. The strong performance of these stocks fueled a broader rally on Wall Street, pushing the financial sector to new record highs. Affirm Holdings (AFRM): Buy-now-pay-later (BNPL) solutions $Affirm Holdings, Inc.(AFRM)$ , Inc. has experienced a notable
Will SoFi Technologies (SOFI) Continue Rally Or Correct Soon?
SoFi Technologies, Inc., (SOFI) provides various financial services in the US, Latin America & Canada. It operates through three segments; Lending, Technology Platform & Financial services. It is based in San Francisco, CA, comes under Financial Services sector & trades as “SOFI” ticker at Nasdaq. As mentioned in the last article, SOFI confirmed bullish sequence as it broke above July-2023 high. Currently, it favors upside in (3) of ((1)) & expect rally to finish sequence from August-2024 low between $13.51 – $18.13 area. Later, it should pullback in ((2)) in 3, 7 or 11 swings, which provide buying opportunity. SOFI – Elliott Wave Latest Daily View: It made all time low at $4.24 in December-2022 & then resume higher. It is showing higher high sequence since Decemb
Tesla Inc. ( $TSLA) Elliott Wave Analysis: The Rally and What’s Next
Hello everyone! In today’s article, we’ll examine the recent performance of Tesla Inc. ($TSLA) through the lens of Elliott Wave Theory. We’ll review how the rally from the November 4, 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse Structure + ABC correction $TSLA 1H Elliott Wave Chart 11.15.2024: In the 1-hour Elliott Wave count from November 15, 2024, we see that $TSLA completed a 5-wave impulsive cycle beginning on November 4, 2024, and ending on November 12, 2024, at the blue (iii). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings, likely finding buyers in the equal legs area between $304.08 and
Elliott Wave View Looking Further Downside in EURUSD
Short Term Elliott Wave View in EURUSD suggests cycle from 9.25.2024 high is in progress as a zigzag. Down from 9.25.2024 high, wave A ended at 1.076 and wave B rally ended at 1.09369. Wave C lower is in progress as a 5 waves impulse Elliott Wave structure. Down from 11.6.2024 high, wave (i) ended at 1.082 and wave (ii) rally ended at 1.0857. Wave (iii) lower ended at 1.0718 and wave (iv) ended at 1.078. Wave (v) lower ended at 1.0682 which completed wave ((i)) in higher degree. Rally in wave ((ii)) ended at 1.0825 with internal subdivision as a zigzag. Pair then turned lower in wave ((iii)). Down from wave ((ii)), wave (i) ended at 1.076 and rally in wave (ii) ended at 1.0809. Pair resumed lower in wave (iii) towards 1.059 and rally in wave (iv) ended at 1.0654. Pair extended lower 1 more
$Sea Ltd(SE)$ I'm convinced that Sea will be pushing back above the $120 to $130 range in coming days ahead. This is one of the best online stocks as many Asian countries are used to use this online platform for their purchases. During the recent Q3 financial reporting, all financial figures are positive and Q4 will be much better. It's going to be show a strong FY 2024 and investors will be hopeful that the stock may move up further. Good luck to all investors.
$Hut 8 Mining Corp(HUT)$ 🅱️🆄🅻🅻🅸🆂🅷 🔥📊 Small Cap Strength Unleashed: Big Moves, Small Players! 📊🔥 Kia ora Tiger traders! It’s an exciting day in the markets! The NASDAQ Composite is up a robust 0.60%, trading pre-market on 20 November 2024 (🇳🇿New Zealand time) at 18,791.81. With this bullish momentum, Small Cap stocks are stepping up to deliver some punchy plays. Here’s your analysis of the Strength Trend Meter for these mighty small-cap stocks, updated with the latest market movements. Strength Meter Bar Chart – Power Movers Here’s your trend breakdown for Small Cap companies lighting up the charts: 1-Day Trend: • $INOD: A NASDAQ gem soaring with bullish momentum—this digital solutions provider is outcoding the com
S&P 500 is High, but Is It Safe to Invest at Elevated Levels?
The S&P 500 has seen remarkable growth in recent years, reflecting significant optimism in the market. However, with such elevated levels, investors often face the dilemma of whether it's safe to invest. Here are some critical considerations and strategies for navigating this situation. Potential Scenarios for the S&P 500 Market Correction (Prices Falling Due to Profit-Taking) After a significant rise, a common concern is that investors may sell off their holdings to lock in profits, leading to a market correction. This scenario aligns with the adage, "What goes up must come down," especially if valuations become too stretched or economic conditions deteriorate. A correction can be healthy in the long run but unsettling for investors caught off-guard. Sideways Movement (Market Stay
Lilly(Eli) & Co, Clash on Disastrous Q3 Report and More Uncertainty Ahead??
$Eli Lilly(LLY)$ Company Event Eli Lilly has several upcoming events where it will present new research and updates on its products, primarily at major medical conferences. Notably, Lilly will participate in the American Society of Hematology Conference on December 8–9, 2024, where it will present multiple abstracts related to hematology research. Additionally, on December 11–13, the company is set to showcase at the San Antonio Breast Cancer Symposium, presenting findings on various oncology products and research initiatives. Looking forward, Eli Lilly is also expected to release its Q4 2024 earnings report on January 29, 2025, which will offer insights into the company’s financial performance and ongoing projects. Earning Overview Q3 2024 earning
$NVIDIA Corp(NVDA)$ 🔺🅱️🆄🅻🅻🅸🆂🅷🔺 Earnings is a wildcard. $NVDA above the lower bottom's of $139.75. Lower band top is $141 $NVDA earnings report will set the tone for the entire stock market. It's officially Nvidia, $NVDA, earnings week: Nvidia, $NVDA, has become the most important stock in the market. Currently, Nvidia’s price action accounts for 20% of the S&P 500's performance, near the highest on record. In other words, $NVDA accounted for a fifth of the S&P 500 gains over the past year. This is more than ALL other Magnificent 7 stocks COMBINED. To put this into perspective, the world’s second-largest stock Apple, $AAPL, contributed a mere ~3%. All eyes 👀 are on Nvidia. Jansen already said demand for Blackwell is “insane” what more
Bitcoin Climbs to Fresh High, Market Shifts into Climb Tuesday, markets fell, but Bitcoin climbed to a new all-time high at $94k shortly after 2 pm ET. After the 4:01 p.m. ET close, the $NASDAQ(.IXIC)$ closed up 1.03%. The $DJIA(.DJI)$ was off 0.03% and $S&P 500(.SPX)$ rose 0.49%. $Super Micro Computer (SMCI.US)$ climbed 25% after the data center firm said it had filed a plan with Nasdaq with a new auditor BDO USA, to eventually file its 10k fiscal year 2024 results that are more than six months late. It was the highes
I. Performance and Valuation of Global Equity Indices Data Source: Bloomberg, compiled by Tiger Brokers II. Key Market Themes i. U.S. inflation remains elevated, the economy is strong, but the stock market is plummeting—what exactly is the market worried about? Last week, the U.S. October inflation data was released. The nominal CPI and core CPI rose by 0.2% and 0.3% month-over-month, respectively, staying consistent with previous increases and meeting market expectations. A closer look reveals that only used car prices saw a notable increase, but given their small weight in the index, the overall impact was minimal. The following day, PPI data also came out as expected, with no surprises. In response, Federal Reserve spokesperson Nick indicated that while inflation remains stubborn,
I am getting a little tired and uninspired. Currently, almost all news stop is talking about $NVIDIA Corp(NVDA)$ and its impending Q3 2025 earnings, due Wed, 20 Nov 2024, after market closing. It's like the old days when Steve Jobs was alive. All the news was about him, his ideas, and his new products. Overall Tally. On Mon, 18 Nov 2024, corporate earnings continued to be released at an unrelenting pace. Earnings season is almost coming to an end with a big finale, expected this week. According to Oppenheimer’s Monday notes: More than 90% of reports from S&P 500 companies are in. So far Q3 2024 profits are up +6.8% YoY, with eight of the benchmark index’s 11 sectors reporting rising earnings—on the back of 5% revenue growth. More than 90% of t
$AEM SGD(AWX.SI)$ AEM - Indeed she had managed to rise up to test 1.45 and closed well at 1.43 level coupled with quite a high volume she may likely rise up to retest 1.48 and above. Beyond 1.48 we may see her rising up further towards 1.55 than 1.60! Pls dyodd. 17th November 2024: AEM - Chart wise, she may likely rise up to test 1.43 the recent high, a nice breakout smoothly plus good volume we may see her rising up further towards 1.55. Quote : AEM Holdings 3QF2024 results update managed to trim its losses to $917,000 from $1.52 million incurred in the year-earlier as it enjoyed a more favourable, better margin product mix. This despite a 6.5% y-o-y drop in revenue to $74.2 million. AEM has revised its revenue projection for 2HFY2
Pricesmart, (PSMT) a Long Term Value Investing Stock.
$Pricesmart(PSMT)$ Company Overview Business Model: PriceSmart operates on a membership-only model, where members pay annual fees to access goods at discounted prices.The company sells a wide range of products, including groceries, electronics, household items, apparel, and furniture, and also offers services like pharmacy and optical services in some locations. Geographic Focus: The company operates over 40 warehouse clubs in 13 countries, mainly in Central America, South America, and the Caribbean.Some of its primary markets include Costa Rica, Panama, Colombia, and the Dominican Republic, where PriceSmart is a prominent player in the retail sector. Product Range: PriceSmart's stores offer a mix of local and imported goods, typically featuring i
🌟🌟🌟Xiaomi $XIAOMI-W(01810)$ share price has been on a tear as it is up 16.7% in the past month and a huge 82% year todate, making it one of the best performing Chinese stocks this year. On November 18, Xiaomi announced an excellent Q3 24 Earnings report where its revenue for the quarter is up 30.5% year over year to RMB 92.5 billion. Its Gross Profit Margin is 20.4%. Adjusted Net Profit has increased by 4.4% year over year. Its Cash Resources is up by 18.7% year over year to RMB 151.6 billion. From its humble beginnings in April 2010, Xiaomi was founded by Lei Jun along with 6 associates. In August 2011 Xiaomi released its first smartphone and by 2014, Xiaomi had the la