$Facebook(FB)$ “The Fed struck a positive tone, acknowledging that the economy is strong enough to stand on its own two feet and the central bank can begin removing the monetary stimulus that they’ve been providing since the beginning of the Covid crisis,” said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance.“Although there may be some additional turbulence this fall, we are constructive on the US economy in general and believe that any dips would be worth buying as the fundamentals are still sound and recession appears to be more than a year away at this point,” he added.
$Talkspace Inc.(TALK)$ algo short sellers are trying to manipulate the stock lower, accounting for about 60% of the volume yesterday...a seller of 750 shs at 5am pushed it still lower, but it doesn't make sense to me ...they have enough cash, the avg analyst price target is $10 implying 120% upside, lowest target is $7 implying 57% upside, and $12 is high target (165% upside). I'd note the stock IS a take-over candidate too. Why do I say that? R W Baird analyst made comments in July that he thought $Apple(AAPL)$$Microsoft(MSFT)$$Alphabet(GOOG)$$Amazon.com(AMZN)$ may have interest...al
$UiPath(PATH)$ started a position today. This is a little risky but let's see how it plays out. I am so bullish on AI that I take a look at as much companies as possible. UiPath gapped tremendously down after earnings and I think this leads to a great opportunity. AI + war of talent + atomization is key here. The 2nd cause benefits for clients are tremendous as they unlock resources that are now wasted in finding desperately needed talent as well as taking out human error in many baseline tasks which leads to smoother operating companies. So working with UIPath leads to much more financial benefits then just the initial savings. I think UiPath could be an awesome takeover candidate for $Salesforce.com(CRM)$
$Snap Inc(SNAP)$ should be on your watch list here over the next few weeks as its consolidated that earnings gap up off another consolidation pattern and it starts to begin it's push up in to upcoming earnings.
$SOS Limited(SOS)$ The bagholders from this stock grow by the day and sadly most of them will stay in denial until eventual delisting and $0. From their repetitive "squeeze" and "shorts are doomed" posts and ridiculous price targets For the delusion longs still left I wish them all the best with that $77 price target or even $7 or .70 for that matter. Pay no attention to the last toxic $125 million offering with warrants at $5 they dumped into the Reddit pump because the next one will surely be at $3 then $1.75 etc.
$Dada Nexus Limited(DADA)$ plunged 17.45% and $JD.com(JD)$ fell 0.58%. On September 13th, Dada Nexus , JD Group and Microsoft ($Microsoft(MSFT)$ ) formally reached strategic cooperation. According to the strategic cooperation agreement, the three parties will cooperate in product management, digital marketing, refined user operations, and contract performance optimization.$RLX Technology(RLX)$ fell 10.98%, and the US Democrats plan to impose taxes on tobacco and nicotine products.
$Clover Health Corp(CLOV)$ I m long term investor here and very bulish, regarding this Fund Deposit requirement from 10k to 250k imo they main shorters are thevbig whales and this number is nothing for them,It just screwing the retailer shorters and send them to buy more puts when they see a bearish stock. I hope soon the market will return into the normal stock approach dd and analysis and this squeeze casino will stop .We might see a pull back to 8$ level ,September is not the best trading month , I hold long term here. Have a great day family .