Samlunch
Samlunch
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avatarSamlunch
2024-03-21
$Micron Technology(MU)$  BREAKING: Micron stock, $MU, is officially trading above its July 2000 peak for the 2nd time in history. Micron is trading in all time high territory, 15% above its Dot-com bubble peak, after reporting strong earnings. The company reported that revenue rose to $5.8 billion from $3.7 billion due to AI demand. It also saw a massive swing in net income going from a $2.3 billion loss to a $793 million gain. $MU is officially worth over $100 billion by market cap. The AI boom is thriving. Chip stocks are up sharply across the board after Micron's earnings. We are set to see major market indices open in all time high territory. Market euphoria is alive and well as we have seen since October 2023.
avatarSamlunch
2024-09-08
$SPDR S&P 500 ETF Trust(SPY)$  $Invesco QQQ(QQQ)$   “Rate cuts are bearish” is a very general statement. Historically the first 12 months after the initial rate cut can be bullish for the market. After that there’s varying results but if we just focus on 12 month returns things look good. FOMC meeting/rate cut decision coming on 18 Sept
avatarSamlunch
2024-02-14
Likely we will have a small pullback.  Based on statistics, there are on average 3 pullbacks of 5% a year and on average 1 pullback of 10% a year.  Expect a slight pullback then be ready to go long once we see a bullish candlestick pattern.  Lets all huat together!
avatarSamlunch
2024-08-21
$NVIDIA Corp(NVDA)$   Price action is not stalling at all! We broke through the downtrend resistance and re-tested it as support. Next target is $135! We may even see 135 before earnings! I think earnings will be another blowout move surprising everyone beating all estimates and we gap up 20% to $150-160. Don't sell! NVDA is the best stock to be invested in during this initial buildup phase of AI when everyone is hoarding GPUs
avatarSamlunch
2024-07-31
$NVIDIA Corp(NVDA)$   This is absolutely insane: Nvidia, $NVDA, the third largest company in the world is trading like a penny stock. Since its after hours low seen just 18 hours ago, Nvidia has added $380 BILLION of market cap. In other words, Nvidia has added as much market cap as the entire value of Costco, $COST, in 18 hours. This comes after the stock erased $1 TRILLION of market cap over the last 5 weeks. Big tech stocks are throwing around trillions of Dollars of market cap in a matter of hours. Truly insane. That's a $1.4 trillion+ swing in Nvidia's market cap in just over a month. That's also more than the value of most countries' entire stock market. Volatility is officially back and on the rise.
avatarSamlunch
2024-08-29
$NVIDIA Corp(NVDA)$   BREAKING: Nvidia stock, $NVDA, falls over 8% despite reporting stronger than expected earnings. The company posted EPS of $0.68, above expectations of $0.65, on revenue of $30.0 billion, above expectations of $28.9 billion. The stock has now erased $250 BILLION in market cap over the last 5 minutes. Will dip buyers step in here? Nvidia, $NVDA, posted 122% of revenue growth on a year-over-year basis. It also expects to see $32.5 billion of revenue in the current quarter, above expectations. This was an overall solid quarter for Nvidia.
avatarSamlunch
2024-09-19
$Tesla Motors(TSLA)$   $TSLA “If interest rates come down, margins will be good. If they don't come down, they won't be that good. " - Elon on the Q4 ‘23 earnings call. Rate cuts are here. He’s connected rates to Tesla many times, this looks ready to explode. Over $235 things get fun. Target of $250 by 10/10.
avatarSamlunch
2024-07-07
$Intel(INTC)$   $INTC Right now: FWD PE: 16 PEG: 0.8 Net Profit Margin: 7.3% EPS Next Year: +73% EPS Next 5 Years: +39% Risk < Reward They are not at the same level as $TSM or $NVDA but they are preparing for growth and to compete.
avatarSamlunch
2024-06-22
$SUPER MICRO COMPUTER INC(SMCI)$  👇🏻 $SMCI Nice retest of the broken trendline. Looking extremely good. Nothing bearish about it unless 825 is broken lower. Will chips continue to fall next week? I think more good news will come out of the industry and we will see prices rebound 
avatarSamlunch
2024-08-18
$NVIDIA Corp(NVDA)$   In the next two weeks we have two of the biggest catalysts until the election in November. Jackson Hole and $NVDA earnings Have to think Powell will be dovish at Jackson Hole after last week, maybe a dip early next week to set the stage for a rally into Nvidia’s report.

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