$Trump Media & Technology(DJT)$ The pump is crazy on DJT. Potentially will rally towards $60 and see some resistance. Remember to take profit or shift your SL
$Visa(V)$$MasterCard(MA)$Chamath Palihapitiya predict the downfall of Visa and Mastercard in2022 as web3 payment emerge as a disruptive innovation. What are your thoughts? Personally i feel 2022 we might see finance growth stock rocket such as $SoFi Technologies Inc.(SOFI)$$Square(SQ)$
$SUPER MICRO COMPUTER INC(SMCI)$ SMCI have a history of manipulating FS and was delisted once before which pushed the price to all time low. I will suggest to avoid it. There are better stocks to trade out there. Moreover, most of SMCI revenue come from NVDA which pose as a risk.
$SoFi Technologies Inc.(SOFI)$I see so many people complaining and panicking in the posts. Please be logical, stocks especially during a high inflationary period and the ongoing war is not going to perform. Furthermore, SOFI is a growth stock. If you can't handle this, go buy bonds.
$ProShares UltraPro QQQ(TQQQ)$As of earlier May, TQQQ is reported to have a huge inflow of approximately 27,400,000 units bought in a week. Interesting that so many investors continue to dip buy into TQQQ.
$SPDR S&P 500 ETF Trust(SPY)$Good time to buy in but be wary, during uncertain period, this inflation hike and possibility of a recession is going to continue to tank the market. Let me be honest, dropping to 150EMA is not exactly impossible.
For those that follow me, I would like to emphasise again. Recession are bound to happen in the next two years. Statistics and data don't lie. For those living in Singapore, even PM Lee says in a recent conference (Google the source yourself). I hope my fellow investors prepare themselves for these tough years ahead. We are in this together. Cash is better during this period of time. Wait till everything settle down and GDP goes up again. Q1 2022 US GDP dropped, bond market inverted,commodity are sky high. These are not good signs.
$Palantir Technologies Inc.(PLTR)$I see so manypeople complaining about PLTR. If you can't stomach this then go invest into $SPDR S&P 500 ETF Trust(SPY)$ or some mature company like $Apple(AAPL)$This is a growth stock and during a high inflationperiod it's not going to go up. But to be honest, almost no stock is up except value stock. So whytf are you complaining about the company when almost all the stocks are dropping? You are investing in the company and if you complain about this short term decline, you are pretty much a trader.
I am not surpise BABA and the other chinese stocks continue to get hit. Based on the RSI on the monthly timeframe, it wasn't even close to be oversold for the past many months until recently it starts nearing the 20 RSI. I bought in some BABA but the question I am asking myself now:Based on technical it's about time BABA bounce up but we never know if this will continue down or not. If US stock market is to crash in the future maybe we will see more people reallocate into the oversold chinese stock?
$Alibaba(BABA)$100EMA continue to be the keyresistance to watch. We should potentially see a rally but if it doesn't break above 100EMA, we will continue to remain bearish
$AMC Entertainment(AMC)$Hope traders learn from the past. It won't go up forever. Ape while you can and when it's time to run, better run. Don't ape until broke.
$SPDR S&P 500 ETF Trust(SPY)$Approaching akey level $405 100EMA support. We should potentially see a bounce but remain bearish and down towards 150EMA.
$Invesco QQQ Trust(QQQ)$Seems like the bull have failed to push the price up above 100EMA. Stick to my previous conviction, QQQ down to 150EMA $300 support.
$Invesco QQQ Trust(QQQ)$Bad sign, previously mentioned that if it closes above the 100EMA its a good sign. Yesterday it closes below the 100EMA. Prepare to see further pain towards $300/150EMA. I have warned.
$SPDR S&P 500 ETF Trust(SPY)$2022 and 2023 is going to be hell of a year. Won't be surprise if SPY breaks under $410 support. $400 to $405 is the next support to look out for. Load up if youare into SPY ETF.