Tracccy
Tracccy
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avatarTracccy
03-15
$Marathon Digital Holdings Inc(MARA)$ Currently, there's a significant deviation between Bitcoin and mining stocks, and this deviation is likely to be corrected. The daily chart shows Bitcoin (blue line), while Mara has just broken below the support line.
avatarTracccy
03-19

I'll be prepared to SMCI short it down to 800. 📉

$SUPER MICRO COMPUTER INC(SMCI)$ is definitely facing a collapse with no other option. If you take a look at the 60-minute chart of SMCI, you can spot some issues.AMD exhibits clear signs of distribution at high levels, while NVIDIA shows more of a calm and oscillating pattern. This is determined by both the stock's position and its position within the industry. If there are still people bullish on AMD in this position, it's definitely a big mistake!If SMCI breaks below the trendline of this channel, it will seek support around the 800 level on the daily chart. I'll be prepared to short it down to 800. 📉
I'll be prepared to SMCI short it down to 800. 📉
avatarTracccy
2022-06-20

OCBC share price in perfect storm

$OVERSEA-CHINESE BANKING CORP(O39.SI)$$DBS GROUP HOLDINGS LTD(D05.SI)$$UNITED OVERSEAS BANK LIMITED(U11.SI)$The past few days had been absolutely chaotic as global stock markets tumbled over fear of recession and soaring inflation in US. Investors were bracing for US Federal Reserves to raise interest rate hikes aggressively to fight the raging inflation. Consequently, the Federal Reserves did raise interest rate – by a whopping 75 basis points, the biggest hike since 1994. Will OCBC share price rocket in the aftermath of the interest rate hike?Conventional wisdom indicates that bank stocks should perform well in high
OCBC share price in perfect storm
avatarTracccy
2022-06-28

The Straits Times Index’s 10 Most Influential Blue Chips

Singapore’s biggest companies make up the Straits Times Index (STI).The quickest way to get acquainted with the largest companies in a country is through its stock market index.In Singapore, the representative index is the Straits Times Index $Straits Times Index(STI.SI)$ .The STI consists of the 30 largest companies listed on the Singapore Exchange $SINGAPORE EXCHANGE LIMITED(S68.SI)$, and the index widely considered to be the barometer of the Singapore stock market.However, not all companies hold equal weight within the STI.Just the 10 biggest companies alone account for more than 70% of the index’s weight.Let’s take a closer look at these companies and their recent performance. Compan
The Straits Times Index’s 10 Most Influential Blue Chips
avatarTracccy
2022-04-21

Reasons why the market is watching Jiutian Chemical (SGX:C8R)

The Jiutian Chemical(SGX:C8R) share price is currently trading at S$0.105. But to try and predict what the price will look like in the next 12 months and beyond, it's worth knowing its strengths and potential weaknesses. The promising news for shareholders is that it shows signs of stacking up well against some important financial and technical measures... Jiutian Chemical is a small-cap share with at least some exposure to two influential drivers of investment returns in the stock market: high quality andstrong momentum. Quality and momentum are highly prized among investors looking for reliable investment ideas. That's because good quality stocks tend to be resilient, cash-generating businesses that can compound investment returns ov
Reasons why the market is watching Jiutian Chemical (SGX:C8R)
avatarTracccy
03-26

See u @100k

$CME Bitcoin - main 2403(BTCmain)$ After the halving, See u @100k
See u @100k
avatarTracccy
03-22
$Reddit(RDDT)$ users might consider shorting Reddit before its IPO for various reasons. They could feel disgruntled about Reddit selling data to large AI companies without giving any tangible benefits to users. Dissatisfaction might also arise due to Reddit's change in API pricing strategy, especially impacting some third-party clients.Concerns about Reddit's commercial use of user data, without apparent benefits to users, might add to their discontent. However, when users become shareholders, realizing they are an integral part of Reddit and that their participation adds value to the platform, their perspective might shift.They could gain a better understanding of Reddit's business decisions and choose to go long on the
avatarTracccy
2022-07-04

Citi bolsters bullish rating on New Oriental Education & Technology Group

A hefty cash pile and easing regulations reinforce an optimistic outlook on New Oriental & Technology Group from Citi.$New Oriental Education & Technology(EDU)$ Citi analyst Mark Li indicated that calls with management suggest stable policy from regulators after severe crackdowns in recent years. Additionally, high school after hours education is expected to continue to grow without the interference of state regulators while overseas education also continues uninhibited.He added that the company’s considerable cash pile, totaling over $4B, is greater than its market cap.“Peer TAL Education (TAL) has announced a $1B buyback plan, and our analysis indicates EDU has a good track record on share buybacks/special dividends,” Li wrote. “Hence,
Citi bolsters bullish rating on New Oriental Education & Technology Group
avatarTracccy
04-11
I firmly believe in Tesla's long-term potential! $Tesla Motors(TSLA)$ Tesla has made significant progress in 4680 battery production capacity, with its Texas Gigafactory producing over 20 million batteries. The new technology not only offers higher energy density and power but also promises to significantly reduce production costs.With Tesla continuing to expand 4680 battery capacity in Q2, it is expected to further boost the performance and market competitiveness of its electric vehicles.Despite pressure on Tesla's gross margin in 2023, there's a widespread market expectation that the gross margin will recover in 2024 as production efficiency improves and economies of scale kick in. Additionally, the price increase strat
avatarTracccy
2022-03-09

Can SoFi Stock Hit $30 In 2022?

Summary SOFI's price has dropped by 58% in less than 4 months. SOFI had a ho-hum 4th quarter compared to projections. Q1 2022 estimates are nothing to write home about either. SOFI's stock may be undervalued at $10 but they must prove themselves. Looking for a helping hand in the market? Members of Turnaround Stock Advisory get exclusive ideas and guidance to navigate any climate. SoFi Technologies, Inc. (SOFI) just reported results for Quarter 4 and year-end 2021. SOFI is what is known as a FinTech company - one that applies high technology to personal financing to enhance outcomes for both customers and shareholders. Some of SOFI's more notable competitors are Block (SQ) and PayPal (PYPL). SOFI received a price boost when its latest Quarterly results were released although they did not l
Can SoFi Stock Hit $30 In 2022?
avatarTracccy
2022-04-27

Thai Beverage: Expect More Relaxation To Boost Tourism & BeerCo IPO To Unlock Value

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ source: investors io Thailand has announced multi-stage plans to revive its tourism sector. The kingdom has relaxed testing guidelines for international arrivals while easing domestic alcohol restrictions. We think that Thai Beverage (SGX:Y92) is an undervalued and overlooked COVID-19 recovery play. Higher consumption volumes driven by international tourism and the easing of social distancing measures are expected to boost earnings moving forward, while the expected IPO of BeerCo provides major upside. Make Tourism Great Again. Thailand scrapped the need to show a negative pre-departure PCR test starting 1 Apr 22. Instead, only a negative on-arrival PCR test and a negative ART result on the 5th day
Thai Beverage: Expect More Relaxation To Boost Tourism & BeerCo IPO To Unlock Value
avatarTracccy
2022-06-30

How BYD’s Performance Exemplifies China’s EV Growth

One of China’s major electric automakers, BYD Co, is close to hitting a major market-cap milestone in China, and its growth showcases the performance of the EV sector in China.BYD is nearing 1 trillion yuan in market cap (currently around 950 billion yuan or $142 billion USD) since its stock’smeteoric riseof 66% from lows in March. Analysts are expecting that the EV automaker will produce around 1.5 million vehicles in 2022, twice the amount it produced in 2021.It’s due in large part to BYD’s vertical integration model that has seen the company extend into battery production and even lithium mining (a key component of many EV batteries). In a pandemic world plagued by supply chain issues, what it means is that BYD has been able to sidestep many of the shortages and issues that other major
How BYD’s Performance Exemplifies China’s EV Growth
avatarTracccy
2022-06-27

4 Reasons Why REITs Qualify as Great Dividend Stocks

If you are an income investor, you’re in luck.You now have an option to invest in an asset class that churns out a consistent and dependabledividend.This flow of passive income could even grow over time, allowing you to build up a comfortable nest egg for yourretirement.Yes, I am talking about real estate investment trusts or REITs.These bundles of real estate have been packaged together and listed on a stock exchange, providing an easy and convenient way for investors to gain access to a portfolio of quality properties.Unitholders of REITs not only enjoy abundant liquidity but can also gain exposure to different property sub-types to help diversify your investment exposure.Here are four reasons why we believe REITs qualify as great dividend stocks.The requirement to pay out the bulk of ea
4 Reasons Why REITs Qualify as Great Dividend Stocks
avatarTracccy
03-28
no,,,, $Trump Media & Technology(DJT)$ this garbage stock is about to cool off just like $Reddit(RDDT)$ starting to plunge dramatically soon we'll see a single-day drop of 20%-30%
avatarTracccy
2022-05-12

UMS Holdings net profit rises 26% in Q1 2022 driven by semiconductor demand

$UMS HOLDINGS LIMITED(558.SI)$ The group noted that its sales surge for the quarter was driven by the sustained increase in semiconductor demand and the consolidation of sales from JEP Holdings - which became a subsidiary of the group from Q2 2021 - bringing on board a new revenue stream from the aerospace business. Revenue surged 71 per cent to S$84.7 million, while earnings per share worked out to 2.9 Singapore cent, up from 2.3 cents a year ago. Semiconductor segment revenue was up 57 per cent to S$73.3 million, on the back of higher integrated system and component sales. The group also booked aerospace revenue of S$3 million in the quarter. Sales from its other segments almost tripled - hitting S$8.4 million in Q1 2022 up by 193 per cent, attri
UMS Holdings net profit rises 26% in Q1 2022 driven by semiconductor demand
avatarTracccy
2022-06-29

China's smartphone makers gain ground in Russian market

Chinese smartphones accounted for two-thirds of all newsales in Russia between April and June, the country's top electronics retailer said on Wednesday, the latest sign of how Moscow's invasion of Ukraine is impacting the country's consumer economy.Several major smartphone makers, including Apple and Samsung, have paused new sales in Russia following Moscow's Feb. 24 invasion of Ukraine, while financial sanctions and airspace bans have hit supply chains, pushing Russian retailers and consumers to look towards China to fill the gap."The total share of Chinese brands in the Russian market in terms of smartphone sales is steadily increasing - from 50% in the first quarter, to 60% in April to more than 70% in June," Russian electronics ret
China's smartphone makers gain ground in Russian market

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