@Terra Incognita:I opened $Wal-Mart(WMT)$ ,WMT: initiated a short position on Walmart at $77.10. Walmart had a 15% rise in the weeks after earnings on 15th Aug and went into overbought regions. The poor earnings of Dollar General also meant Walmart took some market shares away from them and boosting Walmarts rise. As the US economy weakens, it’s typically shop for cheaper groceries which Walmart could provide therefore temporarily boosting sales. Looking for a swing trade on profit taking.
@AugusMax:$PDD Holdings Inc(PDD)$PDD earnings coming soon, with nearly 99% earnings growth on deck. The "Strong Buy" rating and $177.78 price target I think this stock’s ready to soar. Only thing—China’s shaky economy could throw a wrench in the works. I’m in for the short-term gains but staying close to the exit.
@lucas_chen56667:$NVIDIA Corp(NVDA)$ Seriously buy in at 55x PE ratio? The stock is over saturated and exaggerated through the AI hype. Nvidia is facing high expectations, and if not meeting them, the stock may fail it's currently high evaluation.
@happygo:$Alibaba(BABA)$ Any stock that dropped from $300 to $83 is most obviously not one to purchase. If you are hoping for this stock to rise again, you are being unrealistic. Investing in NVDA, MSFT, LMT, CostCo, or even ADBE will be a wise choice.
@koolgal:🌟🌟🌟Many Thanks Tiger Brokers for my latest badge showing my Annualised returns of 50%. I simply buy and hold and this is how I achieve this result.