$Palantir Technologies Inc.(PLTR)$ Hi all! Palantir beat estimates slightly and adjusted revenue forecast slightly upwards but it is still enough for the market at the moment. Looks like a losing trade even if we could have cashed out with good profits just before the earnings report. Well you win some and you lose some.
$Palantir Technologies Inc.(PLTR)$ My target price will be $33.50. Profit taking exit price will be $29.20 if the buying strength is not strong enough but l have no doubt the earnings report will be excellent.
Hi all! I think it is a no brainer. Most likely the market will name Fed and no rate cut in near future as the main reason for the upcoming correction due to sticky inflation. If you take a closer look at the global markets, you will notice that oil is down , gold and copper is down and even crypto is down. That is a very strong indicator that equities market is heading for a core correction. The only investment asset that is going up in general is yield bonds. Cash is king for the near future. You will have to take a closer look at your portfolio and make adjustments accordingly. May the market be with you!
$Tesla Motors(TSLA)$ Errrr if $200 is hit in recent weeks, l guess it is mainly shorts covering lol. 🤣 l will cash out half of my long call options in view of buying them lower during my predicted market correction. GG sour shortists!
$Palantir Technologies Inc.(PLTR)$ Cathie Woods is in as well for this counter. I don't know why we have the same ideas all the time nowadays. However, she is definitely a very shrewd value picker for tech stocks so good luck to us for Palantir just like Tesla!
Hi all! I believe May will be a good opportunity window to take profits and sell into any rally as the market correction is coming. It will be good to rotate out of chip AI play. If you still want to stay invested on the long side, it is good to consider non AI chips play that is rallying from a bottom like Tesla$Tesla Motors(TSLA)$ SEA $Sea Ltd(SE)$ or even Zoom $Zoom(ZM)$ . These are cash rich companies that will strive in current high interest rates environment and rally even higher once the market perceive their problems solved and value increased. May the market be with you!
$Technipfmc Plc(FTI)$ Hi all. First quarter earnings report is out. Earnings report has beat estimates. Earnings per share after adjustment is $0.22 per share which is higher than the estimated $0.16. Forward guidance is also very positive with backlog raise to 13.5 billion. Revenue has increased 19% to $2.04 billion as compared to $1.7 billion last year (higher than the $1.98 billion estimated). This is a great earnings report no matter how you look at it so don't be fooled by pre market trading lol. It shouldn't be at $25.17 and -2%.[LOL]
Hi all! I think Meta has set the tone for mega cap earnings report. They will be able to give good earnings report but it is highly unlikely that any positive guidance is in store due to the high costs and interest rates environment. Correction is coming for the market. It is wise to go with the market and buy most stocks at the 4700-4800 S&P levels unless your counter is a special case or non AI play. May the market be with you!
Tesla is definitely more than a car company. It is one of the greatest AI play in our era of not the greatest. The best thing is it has yet to rally in the AI play!
Tesla: Q1 Wasn't Great, But The Growth Story Is Better Than Ever
Hi all! My opinion is that today will be a great time to sell into the third day rally. I am rotating out of chips AI play myself. My long positions are all non chips play like SEA, Palantir and Tesla. Stocks which l believe to be able to stay strong even under a market correction, especially SEA and Tesla as they are rallying from a recent low with good reasons. My view is that a correction is coming for the market and though l am surprised at the earnings season buying strength, l will not be buying into this dip just yet. In fact, l will be looking for trading opportunities to short ARM with 1-2 weeks long put options at the strike price of around $100. I believe a reversal tonight with economic data and three mega tech companies reporting tomorrow is very possible. May every
$Tesla Motors(TSLA)$ Well the price dropped to below my entry level of $144 before the earnings report so l did put in 20% of my intended position amount today. It is very difficult to fish the bottom in stocks. My advice is to buy 20-25% for your first trade and buy up or down for the rest of it. l am as comfortable to buy at the $150-$160 levels now as averaging down at $120 and $102 if things go south after earnings report. Nothing is changed for the reason behind the trade. You want to be in it for your initial reasons. In fact, Elon Musk forecast for Model 2 production period fit perfectly for my trade timeline and it is the best news l can hope for so l don't mind buying th bulk of my position at h