To The Moon

SummaryTSMC's stock price has struggled to recover, but investors should accumulate it due to the semiconductor industry's recovery and TSMC's unique competitive position.The semiconductor industry is seeing the bottom in demand, and TSMC's revenue has been showing signs of improvement.TSMC is the only major fabrication company that does not compete with its own customers, giving it a strong advantage over potential newcomers like Intel.BING-JHEN HONGIntroductionVolatility is arguably inevitable when investing in tech companies. This is especially true for semiconductor players as the industry is heavily reliant on macroeconomic conditions. Perhaps, as a result of this inherent business cycle, TSMC's $Taiwan Semiconductor Manufacturing(TSM)$ stock

SummaryWe’re downgrading NIO to a sell as the price war in the EV market escalates.We think it will be difficult for NIO to improve its gross margin while ramping production output in 2H23.Additionally, we think China's weakening domestic macroeconomy will weigh on demand in 2H23 and possibly into 2024.The stock is up 15% since our buy rating in March, outperforming the S&P 500 by 7%.We think the risk-reward for the stock is no longer favorable; thus, we think retail investors should look for other better-positioned names to invest in for 2H23.Chun han/E+ via Getty ImagesWe're downgrading NIO Inc. $NIO Inc.(NIO)$ to a sell; we think it'll now be increasingly difficult for the company to improve gross margins while ramping production output for

SummaryCompany issues $125 million in new convertible notes to a division of New York-based hedge fund 3i Management LLC.As debt terms incentivize noteholders to short the company's stock, shares are likely to remain under pressure.Even worse, with a floor price of just $0.38 and another $200 million in convertible notes waiting in the wings, Monday's selloff might have been just the beginning.Given the massive overhang from the new convertible debt and ongoing open market sales, investors should consider selling existing positions and moving on.TraminoNote:I have covered Nikola Corporation $Nikola Corporation(NKLA)$ previously, so investors should view this as an update to my earlier articles on the company.Three weeks ago, recent&

H&S pattern detected on M AND W TF. $Coinbase Global, Inc.(COIN)$ On W TF we see a impulse with a corrective phase and a BOS .Waiting for smaller TF to turn bullish for a long!IF PRICE GETS UNDER THE MIN. OF THE RIGHT SHOULDER (45.9$) IT WILL INVALIDATE THE LONG POSITION.

SummaryDespite missing consensus estimates, Marathon's financial performance demonstrated significant growth compared to the previous.Regulatory scrutiny and Bitcoin price volatility remain challenges for Marathon Digital's future profitability.The company's commitment to enhancing hash rate and mining capacity, along with proprietary firmware development, demonstrates a strategy for operational efficiency.luza studiosMarathon Digital Holdings $Marathon Digital Holdings Inc(MARA)$ released its Q2 earnings report on August 8. Despite Bitcoin's (BTC-USD) 78% price gain YTD, the mining company didn't show profitability in its Q2 earnings. Marathon reported a 228.5% YoY increase in revenue, and a Q2 net loss of $21.3 million, resulting in a per-s

FTNT $Fortinet(FTNT)$ has grown revenues at a 24% CAGR over the past 5 years and has an average profit margin of 18%. Assuming shares are repurchased uniformly throughout the year, over the last 3 years 91%, 12% and 116% of those profits were used to reduce the diluted share count ~3% per year.If they can grow revenues at 20% over a decade, sustain their 18% profit margin and continue to distribute 70% of it through buybacks, applying a terminal multiple of 20 and discounting at 10% you get today's price of $57.Are all your investments bets on sustained 20% growth in competitive sectors? I am not willing to bet on 20% growth.What if they "only" grow at 15% and "only" 50% of profits can be deployed towards buybacks? Then, all else equal, we are alr

SummaryUpstart Holdings, Inc. reported a turnaround quarter in Q2 '23, with sequential revenue growth and a non-GAAP profit of $5.4 million.The biggest problem facing the AI lending platform is a lack of committed capital to invest in loans during weak economic periods.Upstart stock offers a better opportunity to profit on the next AI rally when bought at a lower P/S multiple.Dzmitry Dzemidovich/iStock via Getty ImagesWhile Upstart Holdings, Inc. $Upstart Holdings, Inc.(UPST)$ offers a promising artificial intelligence, or AI, loan origination platform, the business model isn't without flaws. As with other fintech lenders, the biggest issue with the business models are the access to committed capital with peers shifting towards digital b

SummaryFollowing its earnings release, PayPal stock has fallen dramatically on speculations regarding the near-term future.The market is now pricing-in significant deterioration of the company's top or bottom line which, in my view, is a very low probability scenario.In the meantime, the management is making the right moves to secure long-term competitive advantages while also rewarding shareholders.chameleonseyeBuying a stock when it has fallen in price nearly 80% could be seen as either a risky move of trying to catch a falling knife or a prudent investment decision for anyone looking for attractive future returns at relatively low risk. Which case applies largely depends on the underlying reasons for the large drop in share price and also requires an objective assessment of the bus

The Unity $Unity Software Inc.(U)$ stock price fell by -0.548% on Monday, 7th Aug 2023 from $40.17 to $39.95. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 3.76% from a day low at $38.79 to a day high of $40.25. The price has fallen in 7 of the last 10 days and is down by -8.27% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -1 million shares and in total, 9 million shares were bought and sold for approximately $358.69 million.Given the current short-term trend, the stock is expected to rise 57.11% during the next 3 months and, with a 90% probability hold a price between $62.77 and $82.

The Taiwan Semiconductor $Taiwan Semiconductor Manufacturing(TSM)$ stock price gained 1.24% on Friday, 4th Aug 2023, rising from $94.98 to $96.16. During the last trading day the stock fluctuated 2.58% from a day low at $95.13 to a day high of $97.58. The price has fallen in 6 of the last 10 days and is down by -1.12% for this period. Volume fell on the last day by -1 million shares and in total, 7 million shares were bought and sold for approximately $656.58 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a