AdamDavis
AdamDavis
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avatarAdamDavis
2022-09-29
For those of us that traded $NVIDIA Corp(NVDA)$ before the crash… - puts ran 1200%-2000%+ in a few days time… Inside Sells, guidance warnings and much more was there and it actually went up for a couple of days and then fell like a rock 20-30% in just 4-6 sessions. This reminds me of that trade, WOULD look to HOLD tight BEARS, don’t see much upside short term… off $120s I’d see some upside risk but here at $150 much more risk for down short term for me. Stay patient and shorting pops! Looking for a nice winner soon here soon. Being patient today was a fluff job with broader markets
$Nokia Oyj(NOK)$ Back in 2000, Nokia was at $250B, Lucent at $260B, and Alcatel at $40B. Combined, they were over $500B. If they could return to their former glory, Nokia would be worth at least $1T by 2026. Maybe.
The good thing about these choppy days and the market pullback is that it puts the best names right in front of you. Stocks that are making new highs, forming higher lows, and holding key moving averages really stand out. These are the ones to watch when the market starts to turn. A few that are standing out to me: $Teradyne(TER)$  $Nokia Oyj(NOK)$  $Fortinet(FTNT)$  $Take-Two(TTWO)$  $BlackBerry(BB)$  To name a few.
avatarAdamDavis
2022-10-26
$Marathon Digital Holdings Inc(MARA)$ Almost a 40% run in what 3 days, come on if you are riding this know when to lighten up or put on a few hedges, don't be cheap. My account went up 35% over the course of 3 days, so ya i spent a little of that money and put on hedges, it cost me less than 3%, and so far its going to pay off, as the hedges will pay me while I await for the pain of the downturn ends, and While $Riot Blockchain, Inc.(RIOT)$ at 10 and MARA at 19 would put me square for the year, seeing a gain that fast makes even the hardest core bull sweat a bit.
$AST SpaceMobile, Inc.(ASTS)$ I think the price could see a quick bounce back down to the $115-$120 range, and then move up to $140+ on launch news, probably sometime soon.
avatarAdamDavis
07-23 06:01
$Oracle(ORCL)$ Google's massive $45 billion quarterly spend on infrastructure really highlights how the demand for AI data centers is far beyond what's currently available. This supply shortage seems to confirm Oracle's strategy of rapidly expanding OCI and forming multi-cloud partnerships, which could position them to benefit from a lot of the overflow demand.
$Nokia Oyj(NOK)$ Up 2.6% to $15.18, and this SpaceX orbital AI infrastructure angle could keep it moving. Watching to see if it holds this level into the close, or if it loses it and this was just noise.
avatarAdamDavis
2022-05-23

Stocks at All-Time Lows That Could Be the Ultimate Contrarian Buys

Investors shouldn't count these stocks out just yet. Generally, if a company misses expectations for earnings, it will fall, and that's to be expected. But what is happening in the markets this year is exceptional, with large stocks cratering if they fail to meet analyst targets. It can be unsettling for shareholders, but that's the volatility investors need to brace for right now. A couple of stocks that recently fell to all-time lows after reporting earnings are $GoodRx Holdings, Inc.(GDRX)$ and $Palantir Technologies Inc.(PLTR)$. And if you're a contrarian investor, now could be the perfect opportunity to buy both of these beaten-up stocks. 1. $GoodRx Holdin
Stocks at All-Time Lows That Could Be the Ultimate Contrarian Buys
avatarAdamDavis
2022-10-24
If SPX can stay above 3,000 level we might see a short covering ralley in the broader markets and in single stocks. The 2Y yields are also down today that is why market is up. IBRX (according to SeekingAlpha) Shares Short: 24.72M Days to Cover: 15.57 Free float: 105.39M Here the info re SPX short covering: "About a fifth of short positions are already in loss at 3,650, with more than half ($17bn notional) in the red if the market moves above 3,700," Citi global head of quant strategy Chris Montagu and team wrote in a note. "This represents a moderate risk of a short squeeze for even a temporary rally from current levels. A squeeze could amplify any recovery rally near-term."
avatarAdamDavis
2022-10-16
Still bullish on Bitcoins and Cryptos long-term, here is why.#1 reason Wall-Street is too deeply involved in this asset class to fully decouple it, no matter what the true valuation is. In the short-term, and medium-term in bear markets, it will be pegged to Nasdaq. Bitcoin is showing textbook macro bottom signs in a “business as usual” bear market, data suggests. After we are out of bear markets, it will run on its own at a much faster pace than Equity markets. ‘No emotion’ — Bitcoin metric gives $35K as next BTC price macro low. Bitcoin market participants should not act on emotion, one trader advises as long-term data continues to fit with previous bear markets. Eyeing the one-month stochastic chart for BTC/USD, Alan highlighted Bitcoin repeating a structure common to both the

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