$Grab Holdings(GRAB)$ Trash company that struggles to turn a profit for a long time. Shares languishing at $3+ for a prolonged period of time even during this amazing bull run. Can't be bothered even monitoring this rubbish company. Don't waste your time and investment money with Grab. Sorry for the strong opinion but Grab is always going to be a money burner run by an incompetent CEO.
Hi all! Personally, l expect an hotter than expected CPI data which will initiate the 10% selloff that l anticipated from current levels. The higher than expected PPI data today supports the probability of hotter CPI as well. Usually, the producers pass on the costs to the consumers as per normal. I will be building on my short positions taken with the expectation of a double top formation of the major indexes and increasing it significantly if the support neckline of $515 for SPY breaks. This is a good opportunity to add on your holdings in value stocks during the correction and buy into the correction as l believe the bull run to be intact and we should finish the year strongly. However, if the data is cooler or the bulls resilient with in line or slightly higher readings. I think
$Sea Ltd(SE)$ Moment of truth in a few hours time. I say the stock will rise based on a positive earnings report in the right direction. I will be selling into the strength for my options and keeping the shares. However, l expect hotter CPI data and the market to start the 10% correction from this recent rally this week specifically tomorrow when the CPI data hit home the fact that inflation is far from over and rate cuts is still a while away.
$Palantir Technologies Inc.(PLTR)$ 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