$Marathon Digital Holdings Inc(MARA)$ The next Fed meeting is on Sept 18th. They have been raising interest rates since March of 2022, which has reduced inflation as was the goal, but now the rest of the economy has gotten very weak in the knees.My feelings are that if the Fed drops interest rates by at least .5% we will see Bitcoin take off and we will finally see a $100,000 Bitcoin. We won't have to wait long to find out if that notion is true.Only 10 days, folks.
$SUPER MICRO COMPUTER INC(SMCI)$Super micro is best in its class.Its competitor’s Dell and HPE are growing at a much lower rate. Their P/E ratios are similarly low. But Supermicro has significantly lower debt than the other 2. There is one obvious winner here and direct liquid cooling is going to improve Smci’s stats even more.
$Lululemon Athletica(LULU)$ LULU gapped down under the 200 day March 22, it's been in a downtrend ever since. Unable to close 1 single day over the 50SMA (red line) LULU specialty retailers are tough. Quality of the product has gone down hill over the years too.
$SUPER MICRO COMPUTER INC(SMCI)$ Ai can be your friend, or not. Or you can short ai by shorting smci and hope ai is like 3d printing and not really be ready to take off, yet. But it has already launched. And smci is desperately needed, and companies like them, to fulfil the incredible demand for the start of this ai infrastructure. Get ready. Its not going to stop. Its getting bigger and some shorts, for some inexplicable reason, don't seem to understand that. Or did they just want to pick up some short shares? Maybe. Who knows? It is hard to believe they are missing what is going on and the bus they just jumped in front of.smci: $437.70 close
$Alphabet(GOOG)$GOOG still long, YELP suing them, big deal. Go ahead and break up Google. Spin off YouTube, Android, Google Cloud, ect...It will just unlock way more value for shareholders. I don't mind. Regardless, long. I might add in the next few weeks or next market dip.
$Micron Technology(MU)$ This is going down to $80. Will there be times of short reversals, yes. The downtrend is still in tack until further notice. I hate to be that guy. I will be a buyer, until then I wish I’m wrong but I watched analyst. The $86 to $109 move was simply a SnapBack smiley face from the previous $109 in early august. GLTA
$Palantir Technologies Inc.(PLTR)$If you are to consider eventually building an investment position in PLTR, my suggestion would be to start accumulating in small bites each time you see a dip in the trading level if you are closely following the stock price from week to week.I started building my position with long call options trades I subsequently exercised that began at the $12 price. Then did more of the same throughout the lower and higher teens levels from there, as the stock price continued to advance over time. I’m up over 100% in my cash account, and approaching the same in my IRA account.Maybe I should consider writing a bullish SA analysis on PLTR and post it?
$Microsoft(MSFT)$End-of-day imbalances can be nerve-wracking, especially when option flows are signaling mixed signals. While I'm bullish overall, the uncertainty around options expiration, particularly on a Friday, adds to the tension.I did run some calculations on the fair PE for 2024, and based on those, we're already nearing the 2025 price level if the growth rate is 10%. However, analysts are predicting a 15% growth rate, which could justify higher valuations.Hmm and Friday ewww and options Friday too
$CrowdStrike Holdings, Inc.(CRWD)$ 'The tech giant also said it is "rapidly becoming apparent" that Delta ignored or refused offers for assistance because the crew scheduling program that was the most affected didn't rely on Microsoft's Windows or Azure, but was instead serviced by other providers like IBM (IBM).'If the system that had the most problems did not use Windows, then CrowdStrike has no responsibility there. Their software error was only on Windows. This would also explain why Delta did not accept help from CrowdStrike either.So that $500 million lawsuit threat is nothing but a maneuver to distract Delta shareholders.
$Micron Technology(MU)$$SUPER MICRO COMPUTER INC(SMCI)$ SMCI reports in 2 days. Build out of AI infrastructure will go on for years to come. AI / ML already empowering all key products of Big Tech including cloud. MU ships new gen products for AI data centers and will benefit BIG time from the new cycle of tech evolution. 8x P/E 2025F: wont stay here for long.
$Marathon Digital Holdings Inc(MARA)$ MARA produced 17 blocks on 8/2 & 8/3 for 55.3 Bitcoin (includes small Foundry payouts) and a 3-day huge total of 87.8 Bitcoin. Average per day is 29.3 Bitcoin for an August estimate of 907.6 Bitcoin. Meanwhile, 4-day Foundry payouts to CLSK = 57.5 Bitcoin. Average/day is 14.4 Bitcoin for an August estimate of 445.5 Bitcoin. 4-day payouts to RIOT = 27.2 Bitcoin. Average/day is only 6.8 Bitcoin for an August estimate of 210.6 Bitcoin. MARA is significantly over producing their ending July average of 21.6 Bitcoin/day which may indicate a combination of an increase in operating hash, some luck, no curtailment, and more miners in immersion. They are well outperforming their competition all while global difficul
$Amazon.com(AMZN)$This drop has nothing to do with earnings as per lying comments from the shorts, trolls and other manipulators out there. The earnings report crushed it! Some investors didn’t like the capital expenses but that was Amazon putting a huge investment into AI for future gains, and that makes this an even better long term investment. The short term will recover quickly with this great buy price. I’m happy for the dip so I can buy more shares.
$Coinbase Global, Inc.(COIN)$$Apple(AAPL)$we get the much-awaited part from Apple, and I am also waiting with interest for Coinbase's results!Both will be available after the stock market day, so 23-> Finnish time!Analysts expect Coinbase's revenue to be slightly lower in Q1 due to the quietness of the crypto market.However, Coinbase is in the center with ETFs, the use of the Base blockchain is growing rapidly and the market value of USDC has been on a small rise.There are opportunities to surprise analysts, although there certainly hasn't been a terribly surprising quarter.
$Amazon.com(AMZN)$deep in demand zone since the big drop AH. Heavy downside movement. See more downside at this point. ER season not looking good thus far for tech. We lose 170s, wouldn't be surprised if AMZN falls to low 160s. Wild to think how much this stock has given up this month.
$Micron Technology(MU)$ trade idea Interesting chart here for a few reasons. There are three key supports: $105/$101/$95We took a hard bounce off of $105 WITH a liquidity grab with clearing out all order blocks at previous double bottom ($105.63)This is a strong entry and we know immediately if it’s not going to hold where stop is, our next two areas for a second chance entry. Entry: $107.50$109/$112.80/$117/$127If we stop out at loss of relative low, we have a liquidity zone down to $101/$95. I will also watch for support pickup there if the entry doesn’t play out Image
$Bristol-Myers Squibb(BMY)$ This is like Abbvie was a few years ago. Everyone was panicking. And then suddenly everyone stopped panicking and the share price started to jump over time.The same thing will happen here. Those who are patient will see $100 BMY in 3-4 years and the dividend increasing every year!Don’t be stupid. Buy and hold.In a few years the covered call income will be great on this stock in addition to the growing dividend!Once the stock is out of the dog house and considered “safe again” and we have a share price in the $60-$100 range we will be able to sell weekly OTM calls and earn probably 10-50 cents per share. That’s $10- $50 per 100 shares in a call contract. Let’s go with the 10 cent range to be conservative. 1000 shares mean
$Marathon Digital Holdings Inc(MARA)$$CleanSpark, Inc.(CLSK)$ MARA produced 8 blocks on 7/15 for 26.3 Bitcoin (includes small Foundry payouts) and a 15-day total of 364.9 Bitcoin. Average/day was 24.32 Bitcoin for a July estimate of 754.1 Bitcoin, US only. For reference, June total was 590 Bitcoin. By comparison, 16-day total payouts for CLSK was 254.0 Bitcoin. Average/day of 15.87 for a July estimate of 492.0 Bitcoin. RIOT 16-day payout was 152.4 Bitcoin. Average/day of 9.53 Bitcoin for a July estimate of 295.3 Bitcoin. In the past 24 hours, MARA has transferred two amounts of 250 Bitcoin to a new address. This address is currently holding the Bitcoin. As of this AM, MARA continues to produce with above
$Alibaba(BABA)$I mean if no one buys BABA shares BABA will buy back their own shares. $6+ billions per quarter means they will buy back half the company in around 5 years with growth potential that will be huge for share holders. A little pushback but stay optimistic for long term investors!!!
$ARM Holdings Ltd(ARM)$ I think the next leaders could be those companies with good fundamentals that now, at the last minute with the extended market, have gained good strength.Since if the market corrects, these may be the ones that do so the leastThese can be ARM or CRDO
$NVIDIA Corp(NVDA)$NVDA broke below its ascending wedge and has a bearish look along with many other tech stocks for once. I think this is a critical spot for NVDA, I'd say we should expect a bounce for now, but if it doesn't it'll likely lead to an even bigger move down, maybe all the way back to where this wedge started.