$XPeng Inc.(XPEV)$According to news, on April 25, at the 2024 Beijing Auto Show, Xpeng Motors held a press conference to officially announce the new brand MONA. He Xiaopeng, chairman of Xpeng Motors, said that MONA's brand meaning is Made Of New AI, and it is positioned to be the popularizer of AI smart driving cars in the world. It is targeted at the global automobile market with a level of 100,000 to 150,000 yuan, and it is expected that sales will be in the second half of this year. More than Xiaomi SU7.
$NIO Inc.(NIO)$Between 2025 and 2032, nearly 20 million EV battery warranties in China will expire, Nio said, pointing to the shorter life of batteries versus cars and the expense of replacing power packs. Nio said it had extended the lifespan of swappable batteries through its research efforts, retaining 80% of capacity after twelve years. The company also announced a cut of up to 33% in monthly rental fees for batteries for Nio users in a battery rental scheme, which works to lower EV purchase costs by as much as 128,000 yuan ($18,000). After receiving more than $3 billion from Abu Dhabi investor CYVN.
$Alphabet(GOOG)$As you can see in my related ideas section, I opened a position in GOOGL on April 1, 2024 and decided to sell my entire position around April 15-18. Therefore I missed the upside on breaking out after earnings.Here are the main reasons why I decided to sell.The overall market was very weak during that time. The main indices NDX, SPX just started to break down their own MA-50There are many earnings coming out this week.My position was opened on April 1 therefore I did not have any significant profit in it to hold through earningsSo now what is the plan?Breaking into new high out of a large base is an opportunity to buy for trend-following traders. Therefore I will open a new position here with GOOGL , or e
$Direxion Daily FTSE China Bull 3X Shares(YINN)$ Check 3x Ultra ETF FNGU performance for 1 year, 900% and then talk about things you do not understand. This is pathetic. It is sound like a paid thing to mislead small investors. I bought YINN in January and have 35% return so far in April, 2024. How much you have ? I bet no more than 10%. Compare FXI performance to YINN and then talk again.
$Netflix(NFLX)$How bears don’t see that Netflix will continue to grow quickly this next year I’ll never know. Cover now. You’ve been saying that the content is trash and yet Netflix grew 37M subs over the last year. CEO says there are 100s of millions households left. Peacock paying for an exclusive NFL game barely gets them 3M subs for the quarter. That’s expensive customer acquisition. Where’s the competition? Netflix won the streaming wars. Also cheapest entertainment option so a great stock for a recession. I don’t know what part you don’t see.
$Advanced Micro Devices(AMD)$for those questioning morning AMD volatility - did you look at the rest of the market? Seems like most traders zero in on a particular stock and ignore the macro. TSLA is not much of a tech mover anymore, but META is. Market may prep for a proper response after the ‘big boys’ report, starting with META. If there is hope for a V recovery in tech/chips, these earnings are crucial.
$Alibaba(BABA)$BABA has been in the mid $60 to $80 range for a long time. That's a long base. The more it consolidates, the more the power on the upside. Testing investors patience. We all know it's way under value because of the sentiment. But it will change, a matter of time.
$Grab Holdings(GRAB)$GRAB is still priced for growth, so the slowdown in topline growth suggests they need to make it up with a profitability inflection. It seems like the market priced in execution risks, given the lower margins embedded in the delivery and fintech businesses. You guys prefer this or se?
$NVIDIA Corp(NVDA)$SoftBank is set to invest a whopping $960 million over the next two years to create a cutting-edge Japanese-language-specific generative AI model and enhance its computing facilities, as reported by Nikkei on Monday.These large language models (LLM) necessitate advanced graphics processing units, which SoftBank intends to acquire from Nvidia, the report stated, citing anonymous sources.The investment, totaling 150 billion yen ($960 million), will be allocated between 2024 and 2025. This sum is in addition to the 20 billion yen that SoftBank spent on computing infrastructure last year.
$SUPER MICRO COMPUTER INC(SMCI)$ This sell off is pretty much healthy pull back. This stock held well. It was market wide sell off. The earnings will be the ultimate decider. Dip buying it here with small amounts will be ideal strategy. Good luck