DaveLewis
DaveLewis
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avatarDaveLewis
2022-07-18
  $Shopify(SHOP)$ Obviously double line Gann levels are a perfect entry. Beginning a long strong Elliott wave 1 up imminently. ADX bottoming with the RSI & McClellan rising & the 21DEMA just recaptured the 50.
avatarDaveLewis
2022-07-04

Coinbase Faces A New Scandal

$Coinbase Global, Inc.(COIN)$   source: ThestreetThe platform denies selling proprietary customer data and announces it is expanding into several European countries.Coinbase Global is having a wild week.The cryptocurrency exchange platform confronted a report that it is selling Immigrations and Customs Enforcement a suite of features used to track and identify cryptocurrency users and announced that it was seeking licenses with various countries in Europe.The Intercept reportedthat ICE has access to a variety of forensic features provided through Coinable Tracer, the company’s intelligence-gathering tool, which was formerly known as Coinbase Analytics.Coinbase Tracer allows clients, in both government and the private sector, to tr
Coinbase Faces A New Scandal
avatarDaveLewis
2022-07-01

Is Pfizer Stock a Buy Now?

KEY POINTS COVID-19 revenue has generated billions for Pfizer, but investors now may be worried about its future. Pfizer has been on an acquisition spree over the past year, aggressively adding to its portfolio. It has also been putting money back into its shareholders' pockets through buybacks and dividends. Its vaccine recently obtained Emergency Use Authorization for children as young as six months.Over the past year, Pfizer $Pfizer(PFE)$ has been one of the safer stocks to hold. Its 31% gain during that time eclipses the S&P 500 and its 9% loss. However, investors still aren't paying a huge premium for the stock as it trades at a relatively modest 12 times profits.The company has been acquiring businesses to get stronger an
Is Pfizer Stock a Buy Now?
avatarDaveLewis
2022-06-30

Li Auto Stock: Share Sale Means It’s Time to Hit the Brakes

Li Auto $Li Auto(LI)$  is an electric vehicle (EV) maker in China. I am neutral on the stock.When a company buys back its own stock, that’s typically a good sign. It often means that the company is confident in its own future – something that executives might claim in press releases and conference calls, but as the old saying goes, “Put your money where your mouth is.”What’s the opposite of self-confidence, then? Perhaps it’s self-pessimism, and when a company divests large blocks of its own stock shares, this could signal major issues. Questions might be raised: Does the company’s management detect problems that they’re not disclosing to the public? If they’re enacting large-scale share sales, why should investors stay on the long side of the tra
Li Auto Stock: Share Sale Means It’s Time to Hit the Brakes
avatarDaveLewis
2022-06-29
ENDP is not a small stock, no matter what, It is quite undervalued now, buy ENDP asap and hold for sure !$Endo International PLC(ENDP)$
avatarDaveLewis
2022-06-27
BTC needs a solution to pay the miners other than "price will go up on the halving". The likelihood of that basically moves around with the lightning network and Dorsey's throwing resources at the problem at Block Inc. Right now, pretty, pretty bleak $Block(SQ)$
avatarDaveLewis
2022-06-27
$Block(SQ)$ BTC needs a solution to pay the miners other than "price will go up on the halving". The likelihood of that basically moves around with the lightning network and Dorsey's throwing resources at the problem at Block Inc. Right now, pretty, pretty bleak$Block(SQ)$ $Block(SQ)$
avatarDaveLewis
2022-06-22
$Twitter(TWTR)$ BullishGet ready to vote guys. It's coming soon. I will be voting yes on the deal. It's a fair price and I know that Elon will be fair and just with the beautiful bird. He will give her back to the people where she belongs! Tweet tweet baby:)
avatarDaveLewis
2022-06-20
$Block(SQ)$ I bet right now Dorsey regrets telling the street that SQ is not just a payment terminal so now they're known to be a bitcoin speculator company a la MSTR. So now nobody care about this company fundamental but rather the price of bitcoin. So watch the spectacular collapse of this once decent tech company. The board of directors and Dorsey will need to face their investors for their bitcoin bet.
avatarDaveLewis
2022-06-17
citi bank stocks will do just fine because its already used to always being down before economic problems. it's a normal day for C $Citigroup(C)$
avatarDaveLewis
2022-06-17

Own Amazon At $95

Summary Amazon's stock split has opened the doors for retail investors to use safe options strategies. Under current market conditions, consider selling covered calls if you already own 100 shares at least. When selling puts, be sure you really wouldn't mind owning at the strike price. After Amazon (NASDAQ:AMZN) announced its proposed stock split, we wrote this article arguing that while splits don't matter much fundamentally, it allows retail investors to use relatively safe Options strategies. Andtrue to our words and recommendations, we sold a put on Amazon as shown and described below.Key data points Strike Price: $95 Expiration Date: June 24th, 2022 Premium: $1.19/share, for a total of $119. The image above shows $118.34 as that is factoring the transaction cost as well. In
Own Amazon At $95
avatarDaveLewis
2022-05-12
$Occidental(OXY)$ Stock: Occidental Petroleum, Corp.Buy Point: The buy point is at the current price level. In other words, shares can be purchased immediately.Target Sale Price: ?Planned Stop Loss: In terms of a stop loss, if OXY is trading below 52.50 near the end of the trading day, sell the shares.Volume: There have been a couple signs of accumulation in recent weeks as evidenced by volume’s rise above the 20-day EMA on rising prices. But of more recent note is how volume picked up when prices bounced off support in the last few sessions. This was an indication that there were plenty of buyers present to support this stock.
avatarDaveLewis
2022-04-27

The Pullback in Advanced Micro Devices Stock Is a Near-Term Overreaction

A rebound may take time to arrive, but if you've been waiting for a great entry point for AMD stock, now's the time to act Both external and company specific factors have resulted in the big drop in Advanced Micro Devices(AMD) stock. While the plunge happened fairly quickly, a recovery may take much longer to play out. That said, if you’ve been looking to make this a long-term holding in your portfolio, now may be a great time to buy. No longer flying high, there’s a lot weighing on Advanced Micro Devices(NASDAQ:AMD) stock right now. Not only due to the fear, uncertainty and doubt (FUD) that is still weighing down the market. Company specific concerns have had a negative impact on the performance of AMD stock as well in recent months. Given that AMD has fallen more than 46% off i
The Pullback in Advanced Micro Devices Stock Is a Near-Term Overreaction
avatarDaveLewis
2022-04-21

Sea Limited: Still A Buyer Here, Despite A Few Concerns

$Sea Ltd(SE)$ In the high-growth selloff that has accelerated over the last six months, there have been few businesses that have been ravaged quite as severely as Sea Limited (NYSE:SE). Sea declined from a high of over $370in October last year to a current price of $101, losing 70% of its value from all-time highs, and was down nearly 80% at recent lows. This decline is far more than other emerging market e-commerce and fintech peers such as MercadoLibre, Inc. (MELI), which is only down 50% from recent highs. While there are concerns around the Sea investment case, there is still quite a lot going well for the business. Leadership in Southeast Asian Markets Continues Sea Limited continues to post impressive top-line numbers, and market leadership remai
Sea Limited: Still A Buyer Here, Despite A Few Concerns
avatarDaveLewis
2022-02-24

SoFi is 'not just another neobank,' Bank of America analyst says

$SoFi Technologies Inc.(SOFI)$ SoFi Technologies Inc. picked up a new fan on Wall Street Friday as a Bank of America analyst chimed in with a bullish view of the financial-technology company. Bank of America’s Mihir Bhatia said he was impressed by SoFi’sSOFI,-4.29%breadth of offerings as the company strives to be a “one-stop shop” for financial services. He initiated coverage of SoFi shares with a buy rating and $17 price objective Friday, writing that SoFi is “not just another neobank.” SoFi shares were near flat in Friday afternoon trading after rising as much as 6.9% earlier in the session. In Bhatia’s view, SoFi’s broad portfolio, which includes deposit accounts, investment accounts, and lending products, is a major strength. “Customers are expos
SoFi is 'not just another neobank,' Bank of America analyst says
avatarDaveLewis
2022-02-24
$Amazon.com(AMZN)$ There will be a time when Amazon will go +500 in just a few days and all this will be forgotten, not sure when, but it will happen! Russia and Ukraine are way over done, just like every other event we have had in the last 15 years, this shall too pass like Tom Hanks says.
avatarDaveLewis
2022-02-22

How Microsoft's Latest Acquisition Will Shape Its Future in Gaming

$Microsoft(MSFT)$ What the largest gaming deal ever could mean for the tech juggernaut. In the largest deal in video game history, Microsoft announced last month that it has entered an agreement to acquire Activision Blizzard for $68.7 billion. Toby Bordelon:Their announcement, they are acquiring Activision Blizzard. You see here Activision, some popular properties there on your right, you may be familiar with if you are a gamer. This deal, here are the terms: $95 in cash, 68.7 billion in a nominal value. That is the largest deal in gaming history. Now, if you take out the cash that Activision has on hand, you get about 59 billion net value, still very large. When this is over, Activision is going to report to Phil Spencer, who is
How Microsoft's Latest Acquisition Will Shape Its Future in Gaming
avatarDaveLewis
2022-02-22
Margin selling big time on all stocks tomorrow by millennials who think stocks only go up. Buy the dip no longer works near term. People are holding huge profits in NVDA. It gets sold by default!!! Margin calls might trigger a circuit breaker on the Nasdaq! I think we lose 1000 points by Friday if Russia goes forward. Small price to pay here in the safe USA while those people have the fear of death at their door. Pray for them$NVIDIA Corp(NVDA)$
avatarDaveLewis
2022-02-21

Meituan Shows China Tech Isn’t Delivering Yet

$MEITUAN-W(03690)$ Investors in Chinese technology stocks hoping to catch a break after last year’s brutal crackdown are finding themselves dodging new curveballs instead. Chinese food-delivery giant Meituan 3690 is the latest case in point. Shares of the Hong Kong-listed company lost 18%—or around $32 billion in market value—in two trading days after China’s state planner suggested Friday thatonline food-delivery platforms should cut feesto help struggling restaurants. Meituan shares have more than halved from their peak of around a year ago. Friday’s policy guidelines, from the state economic planner and 13 other government bodies, aim to help industries that have been hit hard by the pandemic such as restaurants and retail. The gui
Meituan Shows China Tech Isn’t Delivering Yet
avatarDaveLewis
2022-02-21
So, Gelsinger is leaving no stone unturned. In keeping with his nature, he continues to shamelessly poach employees. This time it is Rohit Verma, lead SoC architect for discreet gpus being snaked to help with his Arc gpu road map. You gotta wonder just how many patents they will mooch on, right? Between the NDA that he likely signed, and the fact that the only thing he knows is the way that worked for AMD which he can't use at Intel. Essentially he has to redesign the wheel. Good luck without getting sued.$AMD(AMD)$

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