$Coinbase Global, Inc.(COIN)$ 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
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$Direxion Daily Junior Gold Miners Index Bull 2X Shares(JNUG)$ This JNUG run really nailed the gold miners’ breakout — the leverage just amplified the gains, and watching the profit climb and the P&L turn green was such a great feeling. For everyone holding this one, isn’t it awesome to see those numbers go up?
Coinbase Faces A New Scandal
Coinbase Faces A New Scandal
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
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
$MP Materials Corp.(MP)$ is the anchor of the U.S. rare earth sector. As the only large-scale domestic producer, it's deeply tied to America's supply chain strategy with strong gov backing. For investors seeking both growth and stability, MP remains a core holding. Bullish!
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
$Block(SQ)$ 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.
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?
$Shopify(SHOP)$ 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.
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
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