cheerzy
cheerzy
Allocates weekend time to study US stock market patterns.
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avatarcheerzy
11-01
$Amazon.com(AMZN)$ Needs to seperate itself from the rest of cloud pack. Needs to show commanding lead of the space to finally hold its momo. Although AWS is #1, investors still feel worried the competition is fierce. If Amazon can dispell they are under attack in any meaningful way, then this will rip once & for all after all these years of stagnation. GL fellow Amazon longs 🍻
avatarcheerzy
10-30

Some Worries about SMCI!

$SUPER MICRO COMPUTER INC(SMCI)$ Fun things you can look forward to:1. When Auditor EY resigns, as they will not sign off on the books (that were cooked too bad)2. When Mutual Funds like $Invesco QQQ(QQQ)$ drop SMCI from their holdings due to non-compliance ($8B worth of risk)3. When Indexes, like $.SPX(.SPX)$ drop SMCI from their Indexes due to non-compliance ($15B worth of risk)4. When DOJ announces findings and likely inditements5. When SEC Delists SMCI for non-compliance (this will be the second time)6. Thomas having to explain to his boyfriend how he lost all their money
Some Worries about SMCI!
avatarcheerzy
10-29
$SoFi Technologies Inc.(SOFI)$ Great earnings. Premarkt doesnt matter. Could she go down today? sure. [Surprised][Surprised]Could she go up today? sure. Will she be higher 30 days from now? ABSOLUTELY. Let profit takers do their thing. This will be $12 by December. [Smart][Smart][Smart]
avatarcheerzy
10-27
$SPDR S&P 500 ETF Trust(SPY)$ Here's a hint:Unless you're a billionaire, consumption tax (tariffs) in lieu of income tax is bad for your wallet.Here's another hint: eliminating federal programs that help the working class at the expense of Elon Musk's 15th yacht is also bad for your wallet because it's bad for the economy as a whole. Again, unless you're Elon Musk.[LOL][LOL][LOL]
avatarcheerzy
10-25
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Market has been setting new record highs and as a consequence XS suffered some but XL also never came close to making new highs. AI (hype or not) still seems to have longer life to play out but another big chuck of the chip sector seems to have topped out. It’s been best to do short terms flips on this pair rather than blindly and buy and hold for months. I just don’t see catalyst for either one to make several months long run in one direction, so it might be more profitable to play the put options when either one spikes big for few days.[Facepalm][Facepalm][Facepalm]
avatarcheerzy
10-23
$JD.com(JD)$ another strong drop, couldn't break the ceiling of .80 so probably we will lose this floor of .60 too, what a shame, really I am losig patience and properly will sell very soon. Just buy the US stocks, 50% profit since holding is just fine already. what a shame, I expected much more ...[Cool][Cool][Cool]
avatarcheerzy
10-22
$Marathon Digital Holdings Inc(MARA)$ My cc's got called friday, Bought back in at 18. Decided not to sell any calls until 19+ so I hope tomorrow morning is close so I can sell 20 cc's for this friday. Price is volatile in these weeks so i want to give it a chance to ride up, but will also take profits if they are too good.[Sly][Sly][Sly]
avatarcheerzy
10-18
$Invesco QQQ(QQQ)$ Resistance is going to be in that 5875-5880 range. If you want to lock in some profits for your bullish plays, I would do it there! There isn't that much more upside after that based on what I can see!I'll also be adding some puts little by little at that level.
avatarcheerzy
10-16
$Alibaba(BABA)$ Like I've been saying since BABA was $117 last week <$100 before >$120. BABA has not been over $120 for 4 years and has dove back under $100 nine times after breaking $100 since. Rinse and repeat.[LOL][LOL][LOL]
avatarcheerzy
10-14
$Intel(INTC)$ is American and a relic company. If anyone thinks it will fail is ridiculous. It would be bought or bailed out before even close. It has many factories and essential for future chip and ai. But don't be fooled it won't be allowed to be sold to foreign company.[Lovely][Lovely][Lovely]
avatarcheerzy
10-10
$SMIC(00981)$ It’s natural to adjust after the crazy rising in the stock. The trend of upside will never change. As the individual investors, we need to keep confidence and keep positive altitude towards semi industry and the whole stock market. All in!!![Cool][Cool][Cool]
avatarcheerzy
10-02

NVDA: The Leader in AI

$NVIDIA Corp(NVDA)$ Funny how the lessons of history are so quickly forgotten by the use of the toxin called greed. All the chart readers didn't learn from the pandemic when their beloved charts failed them. Well, it wasn't the fault of the charts folks, the charts can't predict the movement of a stock when a global crisis hits. However, common sense can! There is nothing about what you are going to see today that should be a surprise. But, many of you will comment about the charts, but the charts, but the charts. You will learn another lesson and it won't last just like the lesson from the Pandemic didn't last. Wash, rince , and repeat and for that, you deserve to watch NVDA drop below $90 on this meteoric run downward.
NVDA: The Leader in AI
avatarcheerzy
10-02

INTC: Huge Potential to Buy!

$Intel(INTC)$ Overnamebescherming: If Intel's price becomes too low, it may become more attractive for other companies to make a takeover bid. By supporting the price, they may try to prevent a competitor from acquiring Intel.Verlies van controle: Large shareholders may not want the company to fall into the hands of other investors or companies that want to pursue a different strategy or direction.Marktperceptie: A drop below a certain price can lead to negative sentiment in the market, which can further contribute to a downward spiral. By stabilizing the price, they may be trying to prevent a negative trend.Waardeerpotentieel: If they believe the company is intrinsically worth more than the current market price, they may
INTC: Huge Potential to Buy!
avatarcheerzy
09-26
$NVIDIA Corp(NVDA)$ Green is green. We see $140 soon. October is almost here! I held through 100k losses in sept and Ill finally see some profit in oct. Balls of steel[Grin][Grin][Grin]Buy the dip.... rare moment that an external event causes a micro-dip in Nvidia stock...
avatarcheerzy
09-25
$JD.com(JD)$ i have a feeling that buybacks are taking place as we speak. With the worm having turned, if i was JD management, i'd be buying hand over fist to get as many shares as possible at these prices as they know what the SP should be in a year or so from now.[Miser][Miser][Miser]
avatarcheerzy
09-24
$Coinbase Global, Inc.(COIN)$ Feel like it sometimes gives additional context to BTC price movement and overall sentiment around the asset.This time, it seems COIN price movement isn't as closely correlated to Bitcoin but it's interesting nonetheless.[Happy][Happy][Happy]If we see a bullish reclaim on Coinbase, does BTC go for new highs from here?[Lovely][Lovely][Lovely]
avatarcheerzy
09-23
$Intel(INTC)$ not sure but it appears like the game is on. Lets start the fireworks and see what happens. Feel like it may collapse 20% or explode to the upside 20%.Either way, I'm aboard with 20K.Hoping the best[LOL][LOL][Miser][Miser]
avatarcheerzy
09-20
$Alphabet(GOOG)$ Retesting that zone at 236-237236 is also a fib lineI circled where it failed that level and where we are now =making that level support. Can you see it?She can chop or bleed a day or two before next runGood luck.[Sly][Sly][Sly]
avatarcheerzy
09-08
$Tesla Motors(TSLA)$ The key with Tesla is to add every time it drops and in the long run you will money. It's true the stock was at $400, but if you keep averaging down at the end you will be up!Remember, we saw $138, then $270 back to $182 and $233, now $211. A lot of people buought either stock or leaps when it was $138 and sold at $270, they made a bundle! Even if you boguht at $400 and kept avraging (of course if you have the means) you will still make money!
avatarcheerzy
09-05
$Alphabet(GOOG)$ Wealth is created. Consider holding those 100 shares for the next 10 years and ADD to it EVERY chance you GET ! Options stay away. PS I have owned GOOG shares for the past 9 years from about $25.00 a share. I look forward to the next 9 years and whatever comes my way.

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