$Palantir Technologies Inc.(PLTR)$With just over 100 customers and practically no earnings to speak for, shares of Palantir Technologies surged more than 250% in just 3 months out of the IPO gate. The erratic stock price movement fits the build of a textbook bubble stock. On one hand, Palantir is blessed by the large revenue contribution from steady multiyear government contracts which serve as a pipeline for long-term low-risk income. On the other hand, Palantir’s growth is limited by the absence of a commercial Cloud ecosystem which is the key for future share appreciation. At this early stage, as the growth opportunity is more important to investors than the company’s profitability, PLTR may be fairly valued between $28-$33.
$Apple(AAPL)$I cleared most of my Apple stock.A major focus for investors this quarter may be on Apple's services revenue. The company is pivoting toward services because they have dramatically higher profit margins and have steadier sales relative to Apple's popular hardware products. Apple's services include streaming services such as movie and TV entertainment provider Apple TV+, video game seller Apple Arcade, news services, and digital content stores including the iTunes Store and the App Store, as well as Apple Pay, and AppleCare. It also includes a varietyof other services that support Apple's hardware devices. Apple's ability to shift growth toward its highly profitable services area shows how it can pivot and execute strategy despite it
$ProShares Ultra VIX Short Term Futures(UVXY)$The VIX $Cboe Volatility Index(VIX)$probably isn’t saying very much about fear anymore.One of the big mysteries in markets this year has been the persistently high level of the Cboe’s Volatily Index, better known as the VIX.Even as the S&P 500 touched all-time highs early this year, the VIX remained stubbornly elevated. For something that’s often been described as ‘Wall Street’s Fear Gauge,’ the index didn’t seem to be doing a very good job of matching actual sentiment in the market. So what gives?Goldman Sachs analysts are pointing to the recent explosion in retail trading of options. Aided by zero-fee brokers like Robinhood, retail investors have jumped he
$NIO Inc.(NIO)$NIO has formed a classic descending triangle pattern, which has bearish implications.Chart patterns are illustrations of the supply and demand dynamics occurring within a market. This pattern shows buyers of NIO have been complacent. At the same time, sellers are becoming more aggressive.Since early March buyers have held firm at the $35 level. At the same time, sellers have been knocking the shares lower.In mid-March, the lowest price sellers would accept for their shares was around $45. By early April it had dropped to $40. Now there are sellers willing to accept $35.The combination of aggressive sellers and complacent buyers could drive the price lower.
$ProShares Ultra VIX Short Term Futures(UVXY)$Wall Street is firing on all cylinders with the new bull market gains momentum. U.S. stock markets completed an impressive first-quarter 2021 after witnessing an astonishing rally in the pandemic-ridden 2020. The rally has gathered pace in April. Meanwhile, CBOE VIX — popularly known as the best fear-gauge of Wall Street — has plunged 25.9% year to date. In fact, the volatility index has dropped 12.8% so far in April.On Apr 8, the CBOE VIX touched its 52-week low of 16.20. On Apr 12, the index closed at 16.91, its lowest level since Feb 20, 2020. Notably, the CBOE VIX is derived from the prices of S&P 500 options (both call and put) and represents the market’s expectations of volatility over the comin
$ProShares Ultra VIX Short Term Futures(UVXY)$I’m quite surprised as to what caused this sudden spike. The price jumped from 5.9 to 6.46, of course came back down again! Was it the change in margin requirements for the stock?
$Apple(AAPL)$Apple closed on strong daily support at $123. Apple stock is trading above the commonly followed 8- and 21-day exponential moving averages and looks to be completing the right shoulder in a bullish inverted head-and-shoulder pattern. If Apple can clear the white descending trendline, and break the neckline of the inverted head-and-shoulder pattern, it has room to rise to $127.28, which is the next level of resistance on the daily chart.
$Palantir Technologies Inc.(PLTR)$PLTR is a great company and is very likely to remain a mission-critical component of US government technical infrastructure for the foreseeable future. That alone gives the business significant stability concerning its future and will likely lead to strong growth.However, stock-based compensation and lingering uncertainty about the long-term competitive strength of its Foundry platform are the main overhangs weighing on the stock right now. While the former overhang is a major key to positively resolving the latter uncertainty, only time will tell.Based on the assumptions of 25%+ annualized revenue growth through 2030, 40% adjusted operating margins in 2030, and $2 billion in 2030 stock-based compensation, expec
So, what is happening to Tesla stock.It’s all about the potential for higher inflation. Increasing inflation, a growing concern in the market, tends to punish high-growth stocks more than low-growth stocks because of the way financial discount rates work. Most of Tesla’s cash flow comes in future years, and future cash flow is worth less today when interest rates rise.
$Palantir Technologies Inc.(PLTR)$Cathie Wood's ARK Investment active ETFs bought another 1.15 million shares of on Tuesday, through the main ARKK ETF. Palantir shares are down 7.5% year-to-date and well off the 52-week high.The firm also added ~237K shares of Roblox and ~236K shares of Coinbase among other purchases.
$ProShares Ultra VIX Short Term Futures(UVXY)$The data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.The reason to be excited about crashes and corrections is also
$Corsair Gaming, Inc.(CRSR)$The esports market has the potential to take off in the coming years as more people tune in to watch competitive video game tournaments, leading to a sharp rise in sponsorship and advertisement revenue. According to a third-party estimate, global esports revenue could exceed $1.6 billion in 2024 compared to $947 million last year. What's more, the number of people watching esports is expected to reach 577 million by 2024.The prize money offered by esports tournaments has been rising rapidly as well, leading to increased participation. The total prize money of esports tournaments in 2018 was nearly $165 million, and the number of active gamers stood at 23,000. Winnings increased 42% in 2019 to $236 million, while participat
$Nano Dimension(NNDM)$Nano Dimension is a company in the 3D printing market. Its current product is the DragonFly LDM, a 3D printer that focuses on printing electronic circuitry.For the first quarter of 2021, Nano Dimension reported roughly $1.395 billion in cash and cash equivalents and bank deposits. The company currently has a market capitalization value of $1.6 billion. However, it is essential to note that this company is still in its early stages and needs a strong balance sheet.Currently, Nano Dimensions does not have meaningful revenue, as it is in the early stages of product development. Still, its management team has shared its current plans. The three points of focus are sales, product development, and mergers and acquisitions.