$NIO Inc.(NIO)$MAJOR Chinese stimulus announced tonight. China to cut RRR by 0.50%. Loans for foreign share buybacks. Shorts are up a creek now. Major short squeeze in the making. Expect NIO to be up $1-2 tomorrow. Game over for shorts here.
$SUPER MICRO COMPUTER INC(SMCI)$ Hear me out. I love the potential in this stock. Let’s not forget about the past where they had delayed financial reports back in 2018 and were delisted from the Nasdaq. They are late yet again. If they are delisted this will go down to 200. Place your bests and may the odds forever be in your favor.
$Apple(AAPL)$ Friday was manipulation. They bid Apple 233 in the morning when Nasdaq was down and closed it at 228 last 5 minutes of trading. I still expect Apple to retest the 235 ATH level in a few weeks and break that level in NOV-DEC!
$NIO Inc.(NIO)$ It wouldn’t surprise me if Musk keeps toying around with few Chinese EV stocks, it is good for Tesla to keep NIO stock depressed and non-investable equity. Longs are holding and new investors are buying, NIO will eventually turn strong and move into the 10’s-20’s and beyond !!
$Taiwan Semiconductor Manufacturing(TSM)$I think the main criminal has left TSM. MU moved on to ASML take it for a ride up and down a few times. Now it's just left up to us to pick up the pieces and move on.
$SUPER MICRO COMPUTER INC(SMCI)$ It's seriously disturbing that a company supposedly as awesome as SMCI is can't publish their 10-K on time, nor have they provided an estimation of when it will be provided. Something's not right. How the stock isn't trading much lower right now is beyond me.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$Holding pattern! Not a bad thing. Potential to lose another 2+ dollars as CCI at -95. If this indicator starts going up in the next couple of days, expect a rebound to 40+.Alligator chart also indicates a down trend short term....I am holding for now and may bail out at 32....strong support at 25. Maybe buy again then if it goes that way!JMO.
$SoFi Technologies Inc.(SOFI)$SOFI has 9M members. Morgan Stanley paid 2500 per member for e-Trade. This would value SOFI at 22 just for the finance business. Plus you have Galileo a SAAS company growing like crazy. At some point the market will value SOFI over 30$ a share. Be patient when it runs it will run hard!
$Intel(INTC)$The media trying to scare share holders with their gloom and doom reporting in NC regarding the quartz concerns....It a mining facility they move rock and earth for a living.. All will be fine...INTC...Will be strong heading into the 4th quarter / 2025 and beyond!!!!john cena run GIF by Ferdinand
Morningstar just changed their rating on Amazon to a BUY
Morningstar just changed their rating on Amazon to a BUY (from a hold) and a price target of $4200. They see no cracks in their long term growth story. They see Amazon being well positioned to continue to prosper from the continued secular shift to e-commerce and the Public Cloud of which Amazon is the clear leader. Also highlighted their growth in advertising as a unique value opportunity. Morningstar is the gold standard of ratings. Totally unbiased. Vamos Amazon!$Amazon.com(AMZN)$
$Rivian Automotive, Inc.(RIVN)$ Its true the demand for EV slowed down but its still there . It does not grow as fast as before. Since many big names as Ford and others either stopped or significantly reduced their EV the market can be taken by Rivian. Rivian managed to establish a name for quality and they have a sizable customer base. They are still not ready for volume production and they will have be able to sell the volume they are producing . The production volume can be impacted by supply chain issues and it is not because there is no demand. RIVN does not move fast and for sure shown a lot of creativity and capability to produce quality and to retool in few weeks and resume production. The interest rate drop is definitely a tail wind it wi
$Upstart Holdings, Inc.(UPST)$t's riding the AI wave and is better placed than capital one or a few other banks in it's AI technology for automated and fast loans. With the recent 50 point rate cut and further 2 upcoming rate cuts by year end, it's one of the trending stocks. Highly overvalued for P/E but will easily reach $80 or even $100.
$Apple(AAPL)$The Algorithm players are like the wind; they come and go.I guess they made too much money Tue/Wed.Past Friday trends, market action, etc suggested $231 on Friday. We were wrong. Sorry.Nothing is absolute!Goes to show an irrational market can not be expected to behave rationally.
$SUPER MICRO COMPUTER INC(SMCI)$there's a lot of interest in this still, today proved it.100x when the split comes. bots better get their rest.day traders are going to swarm all over this.
$Micron Technology(MU)$ As market panic continues, I anticipate a major reversal soon. We recently hit this bottom trendline that's held strong for the past two years. Additionally, each time we've reached this current RSI level, a bounce has followed shortly after.
$Coinbase Global, Inc.(COIN)$Coinbase, despite facing a large number of institutional clients that it can barely serve, can be expected to have stock performance that outperforms the market, or an alpha. However, the issue lies in market liquidity, as the big players often suppress the market before trading coins.The rise in Coinbase's stock price will also depend on the liquidity in the cryptocurrency market and whether the market has bottomed out.