$Meta Platforms, Inc.(META)$ Just cruising through the red tine of year in the green . Waiting on Santa. Were you a good little investor with wevose and held your position through the ups and downs or were you weak and emotional giving in to fear and short term news? Stick to your plan and get rewarded. They been bashing META from 80 bucks 600% ago. See you at 1000 plus. Yea I said 1000.
$Advanced Micro Devices(AMD)$ Perfect storm for AMD?NVDA Blackwell issue (small or big is irrelevant, it's still in peoples head) and now the subpoena.Intc IFS 18A not up to scratch.If our fearless leader Lisa Su executes as we all know she can, with the roadmap they have, AMD will be the big winner in 2025 especially when specs are out for new AI chips. Second half of 2024 won't be too bad either. Long and exicted.
$Palantir Technologies Inc.(PLTR)$ I posted a few weeks back when it was 33 that it was in an overbought state and will drop to 30. People were making fun of me. It did exactly as I expected for profit taking reasons Now it is kinda in oversold territory. Will continue its upward movement to 33 and beyond. Just hold on longs and reap the benefits
$SUPER MICRO COMPUTER INC(SMCI)$ I even used the words smuggling AI super chips back in Feb. and March regarding SMCI. The June quarter which is year end- fiscal 2024, should have had lower net margins, and they reported an increase , 7.92% to 8.87%, and so they did alter the accounting. Higher revenues plus capital spending equals lower net income. They’ve been caught folks!
$NVIDIA Corp(NVDA)$$Tesla Motors(TSLA)$$Advanced Micro Devices(AMD)$ If you look at PE look at TSLA or AMD. I don't think PE is a good indicator for tech companies nowadays. If PE should be at 30, the share price should be about 70, which is not realistic for NVDA anymore.About the "priced in" argument, it was 140 right after the ER before the last. This quarter they had even more revenue.
$Tesla Motors(TSLA)$ I sold all of my position at $230 , average price of acquisition was $150 from good old times when Elon Musk was sane.With his involvement in politics and X(Twitter) going bust and other competitors maturing , have no idea.His recent comments about speaking his truth (??) even if that means losing money doesn’t sit well.There could be a short term bump with his tweets and Robotaxi if it gets launched but don’t see that doing anything to the Quarterly numbers.I know that the comment will not go well with Musk supporters but I guess investing is about picking the signs and making decisions for yourself without having a preference bias.The only person who cares about your money is you and NOT Musk.
$SoFi Technologies Inc.(SOFI)$ Last time we ran to 7.95 RSI was at 76... Now we sit at 8.03 with a 65 RSI.... It has legs to hit 9.25 now and it could! I think there is a good chance a very credible upgrade is coming and if its Friday.... Sofi can gap clean to 8.30 and run clean to 8.60+! If we get 100+ million volume.... watch 9.15! Sofi has a lot of room to make up and it will.
$Li Auto(LI)$ The growth rate weak comparison with last year’s growth rate. They do not mention any new product status or progress. For the whole year, it will be far away from what was set in late last year early this year. The high stock price was traded when it gave higher projection. The above issue leads to lower stock price. The have to break through as BYD continue to grow better than LI. If there was no Aito, Li could be better! I believe Aito takes away market shares of Li in government market largely.
$Faraday Future Intelligent Electric Inc.(FFIE)$ It’ll go green and then FFIE will start diluting with shares and keep repeating the cycle until they achieve their 10 day minimum and they achieve that they let the floodgates go the price down down down to Max shares. It is a nonstop dilution machine.
$PayPal(PYPL)$ pypl has broken out!A great day for PYPL investors yesterday, the stock has broken into the 70's. I do believe a retest of $68 is still to come which could offer a great opportunity to those who want to get involved.RSI at 71 so you could see the test of $68 support soon 🚀
$Alibaba(BABA)$ Very bullish signals. Stock dropped after every earnings for many quarters, that streak was broken with these last earnings that honestly weren't the best. That means sentiment is changing around China and expectations are that next earnings will be better. Obviously if next earnings are not better then this will hammer the stock but in between earnings this will continue to rise.
$Tesla Motors(TSLA)$ There are still shorters that didn't use the low stock price to close their positions.They will be so sorry soon when we are close to 265 again.But ok, own fault, don't say the smart investors didn't warn them.
$ARM Holdings Ltd(ARM)$ Looks like a pump and dump. Why would I pay 130 billion for something that Softbank would sell for 60 billion if the deal got approved?This actually is an AI bubble pump. SMCI and Nvidia look like quality balance sheets. We on the moon with this one!
$Apple(AAPL)$ There will be the normal easing of the stock price now as those who were here for the dividend will now shift funds to the next stock with a regular dividend. Not to worry. It is all cyclical and steadily increasing.
$NVIDIA Corp(NVDA)$ I can't advise you on whether you should buy Nvidia stock, but I can provide some information about the stock. The current price of Nvidia stock is around $104.75 per share ¹. The stock price has fluctuated between a high of $106.60 and a low of $103.43 throughout the day ¹. The company's market capitalization is $2.58 trillion, and the average volume of shares traded is 324.86 million ². The price-to-earnings ratio is 61.30, and the dividend yield is 0.04% ².Please keep in mind that stock prices can be highly volatile and may be affected by various factors, including market trends, economic conditions, and company performance. If you're considering investing in Nvidia stock, it's essential to do your
$Apple(AAPL)$ Never, never, underestimate Apple ! I just keep on holding and sitting tight and it never ceases to surprise me. Most of all I am amused by how the fast money group so called experts on cnbc have been wrong . Chuckle. Looking good going into next week. Have a good one folks from this old wealthy farmer.
$Apple(AAPL)$ 197 held up so far but I still don’t think this was a long spot. Expecting the OPEX to finish up this week around 220 and then short for October or 200p January. It could fill the gap above at 232.33 and I would still be mega bear.Would like to see flow for puts hit on this next pop before taking the trade. But 197 again is very likely and probably that 186 mark as well
$ARM Holdings Ltd(ARM)$ Trending towards 200$ but headwinds from politicians caused the whole bubble to burst. Now far east will thrive as US is all about Q earning estimates. ARM shouldn't really be affected except they're run by vassal states.
$CrowdStrike Holdings, Inc.(CRWD)$ Hahaha I knew you longs were running out of steam. Quick money came in ran it up got you fools buying and they selling it off. Back to 220 then 200 tomorrow. Done for the week going up. Straight down from here.
$Lumen Technologies(LUMN)$ Forward, replicable cash flow is only projected to be $0.40/share which is not so good for a Company that has escalating Principal payments and currently carrying a $6.50/share equity price. The institutions know this and as volumes begin to pull back, they are going to stepin and push the price back down to the low-$4.00 area.