Meroy
Meroy
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avatarMeroy
05-18
$NVIDIA Corp(NVDA)$ Still well above 900 as we have the 5/22 showdown coming up, which isn't bad if you bought it a long time ago.Both calls and puts are were essentially wiped out at expiration on 5/17, so brutal.My 5/24 calls 840 and 915 are still intact and profitable.Again, it's much better to have a steady rise ahead of an earnings report than a parabolic rise, otherwise heavy profit-taking is inevitable even with excellent earnings and guidance.
avatarMeroy
05-10
$Walt Disney(DIS)$ this could be in a tight range for some time. Mostly bullish on Iger and their near-term plans but I wouldn’t be diving into any bullish options. Have been adding since 105ish and I’m prepared to add more but to bet on a worthwhile rapid move in either direction is foolish here imo. Theta decay central.
avatarMeroy
05-01
$SUPER MICRO COMPUTER INC(SMCI)$ If you look at those earnings and guidance and think down 10% is the proper reaction you should not be in the market plain and simple. I am adding just waiting to see if they use Powell tomorrow to manipulate us down farther.this company grew over 200% YoY and raised their forecast for 2024 .. please share another company that’s done that in 2024 .. I already own Nvidia $NVIDIA Corp(NVDA)$ so don’t bother mentioning it
avatarMeroy
04-26
$MicroStrategy(MSTR)$ I am expecting a « GameStop » like event to teach shorts a lesson ! Saylor will orchestrate this when he will finance his next BTC purchase . He will need a much higher stock price for his upcoming convertible… shorts beware !
avatarMeroy
04-26
$Trump Media & Technology(DJT)$ might be worth your while to ask the SEC how a market maker can have $65 BILLION in assets sold but never purchased? They are selling assets they do not own as an IOU for later that would literally bankrupt them if they were forced to buy those assets.
avatarMeroy
04-25
$MicroStrategy(MSTR)$ Low volume despite down volatility in Bitcoin. This week is option expiration and option holders are nervous. These are small traders who are irrelevant in the big scheme of things. Big fish are buying this stock, to get more exposure to Bitcoin. Unless volume picks up considerably while BC keeps going down, there is nothing noteworthy here.
avatarMeroy
04-18
$ICZOOM Group Inc.(IZM)$ So, IZM kind of did what ATXG did. It shot up to $100 in pre-market, then dipped before opening. I jumped in at $25.50 and cashed out around $800. The chart's price already accounts for a reverse split. Just so you know. I was hoping for a strong close like what ATXG got with a massive gap up after hours, but it might take a day or two before we see any major action. All speculation though.
avatarMeroy
04-16
Last ER the two mystery companies that the CEO discussed:1) one of the largest EV makers that they have an agreement to put SOUN $SoundHound AI Inc(SOUN)$ in its entire fleet is BYD $Boyd Gaming(BYD)$ .2) the restaurant that is bigger than 10,000 locations that they are on boarding that they can’t talk about because of NDA is Yum brands!
avatarMeroy
04-12
$Rent the Runway, Inc.(RENT)$ This candle indicates a strong attempt to raise the stock, pay attention to the long tail which indicates that the sellers have outnumbered the buyers. Remember, such a candle signals the following declines.And as you can see, a few candles after this candle, comes the big red falling candle.The attempt to raise the stock during lunch time also fails.
avatarMeroy
04-12
Did anyone consider the insane EPS beats we would have this year if personal loan default rates stay in the 3%-4% range instead of the 7%-8% range guided by SoFi $SoFi Technologies Inc.(SOFI)$ ? Also the strong economy (low unemployment and moderate GDP growth) would contribute significantly.
avatarMeroy
04-10
$Advanced Micro Devices(AMD)$ $NVIDIA Corp(NVDA)$ What Nvidia seems to be attempting, is a very tall order, and their most threatening rival is AMD. becoming entirely dependent on Nvidia is a very bad idea, so my bet is that AMD will be given a lot of opportunities to catch up and become a much more significant AI player to serve as a counter weight to Nvidia. I expect that open source software solutions will gain a lot of traction, it's a way to ensure that software frameworks will work on hardware from different vendors. Since Nvidia is trying to do just about everything, they may take an even more extreme route, and try to prevent their hardware from operating with software tha
avatarMeroy
04-09
$Tesla Motors(TSLA)$ Bearish to Bullish Break out Coming Soon with bottoming pattern. Waiting for a buy alert from our indicator before we go long. The technical analysis description "Bearish to Bullish Breakout to the upside" typically indicates a transition in market sentiment from a bearish trend to a bullish trend, accompanied by a significant upward price movement. This breakout suggests that the previous downward trend in prices has been overcome, and there is now potential for further upward momentum in the market. Traders and investors often interpret this breakout as a signal to enter bullish positions or to adjust their trading strategies to capitalize on the anticipated upward movement in prices.
avatarMeroy
04-08
$GCT Semiconductor, Inc.(GCTS)$ GCTS is doing collaboration not just to develop 4G/5G but doing it for BOTH mission-critical and public safety networks - they're not going anywhere don't let institutions naked short you out of your position . and we are trending.. holding for long term.. international we going.. $15 $20 $25 this week… better buy don’t be left behind

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