I don’t think it’s a bad bet to say this couldn’t close the gap within two weeks from today, especially if they report earnings on August 3rd, which is traditionally the date or 1st week of August they always have reported. Even if they report week of August 7th, it could easily trade up into the earnings date from here and technically close that gap. I highly doubt it’s going to go down into the $80’s leading up into earnings, just my opinion, unless some major negative event causes it outside of BABA which drastically affects the whole market.//@FrankieRed:I had been asking myself recently why Alibaba $Alibaba(BABA)$ cannot break through the $100. Therefor
@LiverpoolRed:I had been asking myself recently why Alibaba $Alibaba(BABA)$ cannot break through the $100. Therefore, I do a chat with ChatGPT and ask him for this question. The answer he give me is so positive that the price value is more than $100. There are so many analysts predict the target price more than $100 plus. I am so happy to see the response and feel more confident to buy more sell put options. I had attached the Sell Put options that I had purchased for certain periods. Please do your own diligent check before you start to buy tbis Alibaba share. I just share my own personal opinions without any obligation that you need to follow me. Hope you have a safe and winning share investment in st
I heard an interesting interview on Bloomberg last week with a Washington economics reporter. She was quite well spoken, and had observed many debt cycles. She thought the debt stand off was political theater; the president and most in congress are responsible and do not want a default, but they have to show their respective bases that they are tough and fighting for (whatever their base wants), so they have to have several rounds. What I found most interesting was that she said she thought it would be a bad thing if they got a deal before Tuesday because that would leave too much time for thinking about it.I hope she's right! $SPDR S&P 500 ETF Trust(SPY)$$S&P 500(.SPX)$
$E-mini Nasdaq 100 - main 2306(NQmain)$ one could be forgiven for thinking that with the imminent prospect of US default, pending recession, and 'stubborn' inflation, the sensible bet is to go short or at least be very cautious. otoh, market wisdom seems to be 'make hay while the sun shines', thus we are seeing new year highs which, quite frankly, make no logical or justifiable sense. tbh, my sense is that $E-mini Nasdaq 100 - main 2306(NQmain)$ is behaving more like a break-out penny stock, just waiting for a rug pull. I'm not sure I trust the current price as sustainable. glta
$Wang & Lee Group(WLGS)$ The stock is taking a break building momentum for next week' big wave upward! they have big jobs lining up to no ends with 30 years great reputation and solid performance. When its going back to the 3 to 5 millions shares trading in coming weeks, we will see 3.4.5 ...10 dollars stock price showing ...ets see what happens ...next week soon…Hope it will be our day, it should be interesting.
$Occidental(OXY)$ Hollub said Oxy’s team in the Rockies drilled the industry’s longest DJ Basin well ever at over 25,000 feet in eight days. “This well set a new lateral length record for Oxy at over 18,000 feet,” she said. This coupled with direct carbon capture, successful utilization of AI and future access to Venezuela is why buffet is buying. It’s not the dividend, or inflation or anything else.
$Grab Holdings(GRAB)$$U.S. Global Sea to Sky Cargo ETF(SEA)$$Uber(UBER)$ I added today when it went down double digits. I have owned it since spac days and I am in the red. This reminds me of Uber's business where it lost a lot of money for many years. The SEA economies are up and coming and GRAB I believe will play a significant role in the next decade in the region. Thoughts. God Bless and stay well.
Possibly a moral victory with BAC closing above 27 and everyone climbing a wall of worry. The Fed has only so many tools to combat inflation if the administration can't control borrowing. Media setting the apocalyptic scene if the U.S. were to default on debt, even if for a short period. $Bank of America(BAC)$
Why Trickle down NEVER works like they think is because the plan is always changing every 4 years, so again the only way it will work in making sure your great Grandchildren are not enslaved to a massive debt is Democrats have to stop Spending and Republicans have to pay more TAXES, If not the DEBT will ONLY keep going higher like it has for the last 50 years at a faster and faster pace. If trickle down really worked we would not have the MASSIVE DEBT we have today , because we have Cut taxes down from over 90% to were they are today and the DEBT only has gone higher because the revenue can not keep up with the spending. One thing I can Guarantee is if we don't Stop the Democrats from spend and Raise Taxes on the Republicans You great Grandchildren's lives will be worse than yours is, Beca
The market wants to believe in Xpeng, last few days price action was not retail buying but actual big boys buying hoping Xpeng, The Company, will provide some positive for the stock to rise; like literally big boys with all fancy models and hedging.The Company keeps disappointing. Look at Li, I will not buy this and only short at every rise above ~10.50.$XPeng Inc.(XPEV)$$Li Auto(LI)$
$C3.ai, Inc.(AI)$ —Review the world-class companies who now have and/or are seeking contracts with c3.AI. Wonderful companies that completely trust and utilize AI, c3.AI. Now do something fun. Meantime, AI is constantly at work tirelessly improving, adding contracts, and certainly on the path to profitability. Tom Siebel is of course completely trusted by said companies and that’s the -who you want trusting you. End o’ story, -you’re welcome
In terms of Semiconductors, THE only chip stock to invest in is AMD, because NVDA is too high. I mean, the dumbest misconception is how much money INTC grosses per year, which is very impressive, but it does ZERO for the investor, which, obviously is the problem they're NOT smart enough to realize..... POPS, I know you don't see the reality of it now, because you're in denial like the rest of them, but don't be like this guy John, who has posted really unjustified, very biased statements as of recently just because he's NOT smart enough to be embarrassed about what he REALLY THINKS. I am 100% certain that come late August you will have wished, you would've listened considering the GREAT likelihood of INTC DIMINISHING TO UNDER $26 ! POPS, nobody's getting any younger, and besides they ALREA
$SPDR S&P 500 ETF Trust(SPY)$$Invesco QQQ Trust(QQQ)$ Let us pretend the debt ceiling is at least temporarily resolved with a suspend move. Great. In that case I'll go with the chart, which is still this big inverted head and shoulders, with multiple shoulders on the left. In other words, wants to break but can't. The way I learned it, is it's now in a range, a little compressed, which by itself is meaningless, but with all the current factors.....vix is low. Destroy it gentlemen.
$Sea Ltd(SE)$ Indonesia’s Growth Beats Estimates on Resilient Consumption GDP expands 5.03% in first quarter, beating 4.97% forecast. Higher highs and higher lows. This bullish trend will keep going for a while. Will break previous high after earnings next week. So much potential for this company to be huge. They are projecting profitability again. If they beat we will see 130.And also a lot of 130 calls!! So130 in June after earnings? Good for SE!!
Jamie Dimon of JPM just said the SEC should look into excessive short-selling of bank stocks. Meanwhile, PYPL daily short volumes after its earnings release are around 10x-15x avg daily short volumes. Gotta think a lot of these new shorts will soon start covering. $PayPal(PYPL)$$JPMorgan Chase(JPM)$
$NIO Inc.(NIO)$ I’m long and strong but I predict a we will finish the week with a red day if we finish 11 that would be amazing but very unlikely Now you can call me a soft basher whatever because I don’t agree we going to be green every day like I don’t agree bashers saying it will finish $8 yesterday! Is it allowed for a NIO investor to think we are having a negative day without fellow NIO share holders questioning my motives?r/Nio - a good meme
$Advanced Micro Devices(AMD)$ One more day and we see a new month. Watch your monthly candles play it accordingly and build size for a swing I scalped 1225 shares for an average of $22.25 per share. You can to. I’d admit I do have a swing stop loss target 🎯 at 86s
$Pinduoduo Inc.(PDD)$$Alibaba(BABA)$$JD.com(JD)$$Baidu(BIDU)$$Tencent Holding Ltd.(TCEHY)$ Chinese stocks undamentals will prevail in the long term. PDD grossly oversold- best is yet to come esp. for temu’s contribution in future quarters. Its extremely undervalued compared to other China names. Don’t be fooled into selling. Baba - most undervalued and misunderstood stock. JD, Bidu and tencent: results speaks for themselves. 🚀
$Netflix(NFLX)$ Can some one explain what changed between q1 earnings and now that the NFLX stock dropped from 380s down to 300s?Only reason I can see is the sentiment around sharing and resulting attrition is higher than expected? Is PE ratio of 30 not sustainable? Subscription fees cuts in many markets and push back on password sharing? Does it matter?
TSMC's Apple revenue slowed down in 2022. Apple revenue grew 18% while non-Apple revenue grew 39% in 2022. This is the first since Apple became a TSMC client in 2014. Do you still think TSM is a good one to follow? 🤔 $Taiwan Semiconductor Manufacturing(TSM)$$Apple(AAPL)$
$Rivian Automotive, Inc.(RIVN)$ I've waited months to start a position. That time is now. In what world is $Rivian Automotive, Inc.(RIVN)$ worth less than $Rivian Automotive, Inc.(RIVN)$ when they're expected to reach profitability 4+ years earlier? In what world is expected future demand of $100k+ sedans higher than pickup trucks and SUVs? Look, I've been a $Tesla Motors(TSLA)$ investor since 2018 and follow EVs and the vehicle market very close. Probably too close! There's only going to be a handful of companies that will survive the transition to EVs. From the onset I believed the market was giving far