@Asphen:S&P500 - Bear Trap in the making again in approaching CPI?$SPDR S&P 500 ETF Trust(SPY)$- Weak selling; Decreasing volume- Line in the sand remains at 4080/4090 - MA lines are crossed over well (will offer good support when it comes down)Be cautioned- Bear still awaiting at 4200/4210NOTE - Alot comparing the 2 price action (Late May and current) and expect similar drop. They are very different. The right one is of a bullish and well built structure. It will not drop like the left one.Conclusion - Still bullish with reversal happening when line in the sand is broken through@TigerStars@CaptainTiger
@Jasoncgs:$Tesla Motors(TSLA)$Many EV stocks have gained considerable market value on Friday as Tesla(NASDAQ:TSLA) presented a potential gamechanger. According to a White House memo, the pioneering icon will begin production of new equipment that will allow non-Tesla EV drivers to use Tesla Superchargers.According to Jalopnik, Tesla has been running a pilot program to allow EV drivers in Europe to access its charging network. In part, the announcement bolstered EV stocks because it arrived unexpectedly quickly. Although Tesla CEO Elon Musk vocally supported an open charging network, he never really converted words into action. Further, Musk and President Joe Biden have not always seen eye to eye.Now that bygones are apparently bygones, the news appears to b
@StickyRice:Truist cuts Netflix estimates, stays on sidelines into earningsA look ahead at Netflix's (NASDAQ:NFLX)$Netflix(NFLX)$ highly anticipated earnings report has led to newly lowered estimates at Truist Securities, which is staying Neutral on the stock as it evaluates the advertising opportunity ahead.Mobile app download growth - a proxy for gross subscriber additions - decelerated a bit in the second quarter, thanks to slowdowns in the U.S./Canada and Asia Pacific, analyst Matthew Thornton says. And he's in line with his expectations on subscribers (after the company guided to a 2M drop in subs), implying a modest improvement in churn.He's now expecting revenues to come in slightly worse than the rest of the Street, at $7.97B
@alex alexalex:Elon Musk said he would keep supporting Dogecoin sending the meme coin's price upLast week Musk was sued for $258 billion by a Dogecoin investor for allegedly running a "pyramid scheme."Tesla Inc CEO Elon Musk has again shown his support for Dogecoin.On Sunday, he went on Twitter to endorse Dogecoin, following the meme coin's price plunge in the last few days. DOGE is down over 12% in the past seven days.The Dogecoin rose almost 8.5% in 24 hours after Musk wrote that he would keep supporting Dogecoin.Responding to his tweet, one of his followers said he should keep buying the cryptocurrency. Musk replied that he was buying the meme coin.