$SUPER MICRO COMPUTER INC(SMCI)$I cut my big loss yesterday. Just the read the whole hidenburg publication about it, SMCI was targeted for sure. I believe every companies are doing the same thing to a certain degree. Lease and lease back? Inflated sales? Hiring family member? Hahah it's a joke. Do you think this is not happening with other public companies? Maybe big guys want this stock at cheaper price. I'm ready to come back when it hit bottom.
$Meta Platforms, Inc.(META)$Shorts are bashing this stock cause they shorted without a stop loss and now they pray for it to go back down but it isnt gonna happen. Now they owe big. When META heads North it leaves shorts scrambling in the dust. Short somewhere safer with not so much upside potential. Or not. It's your loss.
$Invesco QQQ(QQQ)$ One would think that grandpa names like Xerox $Xerox(XRX)$ and IBM would be literal AI-inspired/transitioned Godfathers by now ...but XRX is 10/share with a 10% div . . .One of my best buddies has worked for Xerox for over 30 years. They've laid off massive amounts of employees over the past 10 years. He tells me they just never transitioned into enterprise software & logistics. Only providing sophisticated copiers. They're dying a slow death living off their past laurels. He's bailing this year before he gets the hatchet.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$not till the SOX had bottomed its a classic flush of shares to scare people out before making a big push higher go look at the last 2 elections and mid terms its a banger off the bottom... its not moving with NVDA $NVIDIA Corp(NVDA)$ YET ! it will catch up so fast it will give no time to buy
$Alibaba(BABA)$Another rinse and repeat cycle. BABA has closed under $100 every time it broke $100 since 2022. The last time BABA fell as low as $68. How far will it drop this time. $90 $80 $70. Question is when to buy again.Let's face it. US elections are around the corner. Stimulus size is not clear. And already announced policies are not put into life yet. Innitial euphoria phase is over. Now sobering and waiting. Will everything be as bad as in the past? I do not thing so but with so many uncertainties we cannot be surprised stock is 17 bucks down from the top and further decline perfectly possible. For new investors - you might not catch the bottom but I would think waiting for the election results might be a good i
$MicroStrategy(MSTR)$I covered early this morning and went long. Now for the fun. I really think Saylor will try to create what Silvergate Capital couldn't do (anyone remember them?) Silvergate was a bitcoin bank, where investors could store their wealth. Bitcoin fell too low years ago, and everyone withdraw their holdings. Now Silvergate trades for pennies. So Saylor could create a storage of value as in a bank, or just continue to let MSTR remain a proxy for the price of bitcoin, or both. Anyway, it'll be interesting to see where MSTR trades if Bitcoin trades over 100 as many think it will.
$Advanced Micro Devices(AMD)$AMD) have taken a step back on the charts. Down 2.1% over the last nine months and 4.4% this quarter, AMD is looking for a blessing after its most recent rally lost steam in the $175 area. Last seen 0.2% higher at $156.89, the chip stock is now trading near a historically bullish trendline that could help it reclaim lost ground over the next month.According to a study from Schaeffer's Senior Quantitative Analyst Rocky White, Advanced Micro Devices stock is trading within one standard deviation of its 260-day moving average. Per White's data, four similar signals occurred in the past three years, and AMD was higher one month after three of those occurrences, averaging a massive 18.6% 21-da
$Bright Minds Biosciences Inc(DRUG)$This company is doing work on brain and neurological issues. One very small blurb states they are working on compulsive issues related to obesity. That's all it says. Someone picked up on this tid bit and ran with it, triggering volume alerts and boom,,,,
$NVIDIA Corp(NVDA)$It's very similar to the space race, and luckily, NVIDIA is selling the main component to all the big players trying to get to the "moon". AI is inevitable. It's not a fad or being overhyped. It will significantly impact the future, and companies want their piece of it —heck, they even need it if they're going to maintain their current dominance.I'm very bullish on NVIDIA and TSMC $Taiwan Semiconductor Manufacturing(TSM)$ ; they're the current front runners powering the most advanced Chips worldwide. Both are investing heavily in R&D and are miles ahead of the competition with room to grow as the others attempt to catch up.