cheerzy

Allocates weekend time to study US stock market patterns.

    • cheerzycheerzy
      ·11-01
      $Amazon.com(AMZN)$ Needs to seperate itself from the rest of cloud pack. Needs to show commanding lead of the space to finally hold its momo. Although AWS is #1, investors still feel worried the competition is fierce. If Amazon can dispell they are under attack in any meaningful way, then this will rip once & for all after all these years of stagnation. GL fellow Amazon longs 🍻
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    • cheerzycheerzy
      ·10-30

      Some Worries about SMCI!

      $SUPER MICRO COMPUTER INC(SMCI)$ Fun things you can look forward to:1. When Auditor EY resigns, as they will not sign off on the books (that were cooked too bad)2. When Mutual Funds like $Invesco QQQ(QQQ)$ drop SMCI from their holdings due to non-compliance ($8B worth of risk)3. When Indexes, like $.SPX(.SPX)$ drop SMCI from their Indexes due to non-compliance ($15B worth of risk)4. When DOJ announces findings and likely inditements5. When SEC Delists SMCI for non-compliance (this will be the second time)6. Thomas having to explain to his boyfriend how he lost all their money
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      Some Worries about SMCI!
    • cheerzycheerzy
      ·10-29
      $SoFi Technologies Inc.(SOFI)$ Great earnings. Premarkt doesnt matter. Could she go down today? sure. [Surprised][Surprised]Could she go up today? sure. Will she be higher 30 days from now? ABSOLUTELY. Let profit takers do their thing. This will be $12 by December. [Smart][Smart][Smart]
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    • cheerzycheerzy
      ·10-27
      $SPDR S&P 500 ETF Trust(SPY)$ Here's a hint:Unless you're a billionaire, consumption tax (tariffs) in lieu of income tax is bad for your wallet.Here's another hint: eliminating federal programs that help the working class at the expense of Elon Musk's 15th yacht is also bad for your wallet because it's bad for the economy as a whole. Again, unless you're Elon Musk.[LOL][LOL][LOL]
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    • cheerzycheerzy
      ·10-25
      $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Market has been setting new record highs and as a consequence XS suffered some but XL also never came close to making new highs. AI (hype or not) still seems to have longer life to play out but another big chuck of the chip sector seems to have topped out. It’s been best to do short terms flips on this pair rather than blindly and buy and hold for months. I just don’t see catalyst for either one to make several months long run in one direction, so it might be more profitable to play the put options when either one spikes big for few days.[Facepalm][Facepalm][Facepalm]
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    • cheerzycheerzy
      ·10-23
      $JD.com(JD)$ another strong drop, couldn't break the ceiling of .80 so probably we will lose this floor of .60 too, what a shame, really I am losig patience and properly will sell very soon. Just buy the US stocks, 50% profit since holding is just fine already. what a shame, I expected much more ...[Cool][Cool][Cool]
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    • cheerzycheerzy
      ·10-22
      $Marathon Digital Holdings Inc(MARA)$ My cc's got called friday, Bought back in at 18. Decided not to sell any calls until 19+ so I hope tomorrow morning is close so I can sell 20 cc's for this friday. Price is volatile in these weeks so i want to give it a chance to ride up, but will also take profits if they are too good.[Sly][Sly][Sly]
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    • cheerzycheerzy
      ·10-18
      $Invesco QQQ(QQQ)$ Resistance is going to be in that 5875-5880 range. If you want to lock in some profits for your bullish plays, I would do it there! There isn't that much more upside after that based on what I can see!I'll also be adding some puts little by little at that level.
      154Comment
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    • cheerzycheerzy
      ·10-16
      $Alibaba(BABA)$ Like I've been saying since BABA was $117 last week <$100 before >$120. BABA has not been over $120 for 4 years and has dove back under $100 nine times after breaking $100 since. Rinse and repeat.[LOL][LOL][LOL]
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    • cheerzycheerzy
      ·10-14
      $Intel(INTC)$ is American and a relic company. If anyone thinks it will fail is ridiculous. It would be bought or bailed out before even close. It has many factories and essential for future chip and ai. But don't be fooled it won't be allowed to be sold to foreign company.[Lovely][Lovely][Lovely]
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