$Meta Platforms, Inc.(META)$ missed earnings but exceeded revenue last quarter and showed annual Daily Active User growth of 5% yoy on FB at 2 billion. Main headlines of the Oct 22 call that sank the stock 25% was 1. Zuckerberg was going to increase spending on the Metaverse 2. Headcount would remain the same 3. Basically ignoring investor calls to cut costs. 4. Significant reduction in free cash flow. Main headlines of the Jan 23 call that rallied the stock 25% in addition to increased revenue: 1. Massive cost cutting and headcount reduction with 13% staff laid off and likely more to come (another 10k reported later) 2. AI is reversing the damage from Apple privacy rules 3. 40 billion dollar share buyback plan this year which at the time would be
$Pinduoduo Inc.(PDD)$ 50% retracement from Jan height. No worries at all! Will reclaim $80 in no time. Perfect setup on daily RSI and MACD! Same holds true for $JD.com(JD)$ 101 "You Can Do It" Memes for Those Times When You Need Inspiration
$GlucoTrack, Inc.(GCTK)$ OMG! 1000% obvious beyond a shadow of a doubt massive pump and dump the likes of which lands it immediately on The Pink Sheets over the weekend with zero chance to sell. This is yet another 100% complete scam like $Creative Medical Technology Holdings, Inc.(CELZ)$. No sales. Cash is almost gone. This company has nothing! All fluff language. Their certifying accountant is bailing with their loss of Going Concern. Fools chase. Fools lose.
$Virgin Galactic(SPCE)$ To be honest, I'm disappointed with the Virgin Galactic PR team. I sent them some pretty scathing emails this week. They should have come forward with a prepared statement as soon as the $Virgin Orbit Holdings Inc.(VORB)$ news came out, just to reinforce that they are a completely different entity and to reassure the SPCE investor base. I'm now a bag-holder with a $3.91 average. I'm not thrilled about it, but I am still confident that I am going to make some serious bank here before the Summer begins. I have been here for the previous 2 spaceflights. They were both amazing experiences...exhilarating and very profitable for me. The main event is just around the corner. I believe tha
$SPDR S&P 500 ETF Trust(SPY)$ Powell just bought me more time to accumulate on some positions for 2024. While I would like to see a pivot, but the market just V bottoms so quick it makes slow accumulation a little difficult. Looks like retest of October lows potentially depending on earnings revisions and big cap reactions. Targeting deep value, dividend stocks mostly with some strong tech $Alphabet(GOOG)$ and $Taiwan Semiconductor Manufacturing(TSM)$. Keep an eye on sector rotation over month to month, market will decide bottom. I don’t see prices dropping on food, cars and services but probably going flat. Which is crazy expensive IMHO. Banks alread
$JD.com(JD)$ I've done a very conservative DCF on this company and it's always above $100. Wallstreet must just be very risk-off towards chinese stocks at the moment. Possible insider info on future sanctions? Regardless, I am extremely bullish on them as a company. Just make sure you have risk management in case of geopolitics. Not buying LEAPS because the premiums are insane. Long term hold 🚀🚀🚀
$New York Community(NYCB)$ I've been in and out of this stock since 2011 when I purchased my initial lot at 16 and change and it paid a dollar. After a runup to 17 and a failed merger that for some reason wrecked them, they cut the dividend. After a couple of years they started to buy others' castoff junk. This past week was another example. I made good money on NYCB in 2015 and lost money in 2017 and 2022. I bought on the recent dip and sold Friday to make a few shekels. The bank leadership has been perpetually bad, and I doubt that will change. If it dips again I may buy for another potential bump, but based on my experience, the bank is not a good long term investment. People crow about the dividend every time the price drops, without fully app
JPM vs. WFC: Which Bank Stock is a Better Dip Buy?
Story HighlightsThe recent sell-off in the banking sector may have some investors pawing through the stock market’s bargain bin in search of shares trading at attractive discounts. It’s virtually impossible to go wrong with financial firms designated as “too big to fail,” but valuation multiples suggest one of these two financial services stocks might offer more upside than the other.JPMorgan stock is down 5.5%for the last five days, while Wells Fargo is down more than 8%. Thus, it makes sense to consider whether these sell-offs are sufficient enough to trigger a buy-the-dip opportunity.JPMorgan Chase shares are down 10% for the last 12 months, so they’ve held up better than Wells Fargo stock, which is off 26% over the same timeframe. Nonetheless, both stocks are good, but a closer lo
$Payoneer Global Inc.(PAYO)$ do yourself a huge favor and don’t look at this stock as a trade (ok some will as that’s what they do). It needs another couple of years to get valued appropriately, from good execution, margin improvement, less fear of the macro, getting well known among serious investors. You have two years of very solid growth ahead so returns will be fine from that alone. And they will add revenues from M&A and they will lock in much of the rate benefits they are getting by adjusting their investments into 3-5 year duration bonds is my read of what they said on the call. That’s going to be good for sentiment near term when announced, but over time the real juice will be them showing margins and getting the stock to even