$Microsoft(MSFT)$Wall Street recently said: ' Microsoft is so reliant on Nvidia that it's almost transferring wealth from its own shareholders to Nvidia shareholders'. Take a look at NVDA stock price. No matter you say about the future of AI... blablabla, NOTHING can justify that a 'graphical' card manufacturer has much higher market cap than Microsoft. At this speed, by the end of the october 2024, NVDA market cap will run over that of Apple !!!Completely irrational exuberance.
$Coinbase Global, Inc.(COIN)$If you're complaining about Bitcoin being up and Coin being down, you clearly have no understanding of what you've invested in. If you want exposure to Bitcoin, go buy Bitcoin. Coinbase will run when retail trading volume comes back and they cash in on their CB venture investments/Base chain development.
$JD.com(JD)$2024 will be the year for $JD.com(JD)$ and Chinese stocks in general for the following reasons: 1. Chinese economy will continue to improve with less deflationary pressures 2. Issues with property sector resolved 3. More revenue and profits for Chinese companies rising in tandem with the expanding BRIC initiatives
$Coinbase Global, Inc.(COIN)$ has been on an absolute tear lately.I got into the stock around 40$ spot earlier this year and held the entire time. I am expecting a decent pullback here at this important fib level. 205$ would mark a full retracement from the march 2022 swing high. I expect a pullback at least to 140-160$ region since the stock is up 444% this year. I wont be shorting this likely pullback, but defensive puts might help a long investor make some passive income, or provide protection. Selling calls could be a good strategy too here.
$Alibaba(BABA)$This one was bottom spotted as well.It seems that a lot of Chinese stocks just getting started.Here we have the weekly chart claiming that Weekly base, a weekly close above previous support lines would ignite that move to $80+
$Sea Ltd(SE)$Unfortunately, there are many bad posts from negative people who do not support their position. It is boring because there are many other shares where there is really good communication. I think Sea deserves better, there is huge potential, remember about 70% of the shares are owned by insiders and institutional investors, and they can't all be wrong. Besides that, Sea has had a growth for many years of around 100% annually, now the growth is somewhat less, but they have understood to change the strategy for the situation now, with hardship from the macro economy and high interest rates from rising inflation. Conclusion: we see a company that may well increase 3 times, but at least 2 times in value, we will se
$Sea Ltd(SE)$ The entire market is down due to bank meltdowns. Biden just pretty much leaked CPI would come in cold. We will see...but if we get colder CPI and 25 bps...we are exploding until at least end of April.is looking better and better plus that goal post volume is very attractive. I may need to find a way to buy some of thisDon't tell me there's nothing good out there, puh-lease
$Gaotu Techedu Inc.(GOTU)$ Chen Xiangdong, founder, chairman and CEO of Gaotu, said: "In the fourth quarter of 2022, our business as a whole performed well, achieving three consecutive quarters of steady growth in revenue from the previous quarter, and the large-scale positive operating cash flow also demonstrated High-quality operating efficiencies and we are profitable in Q4 and full year 2022. Our organization is resilient and cohesive with healthy growth in the business. We have continued full-year profitability and scale in 2023 We have full confidence in making positive operating cash flow."
$Taiwan Semiconductor Manufacturing(TSM)$ Plus this is in an impulse Elliott wave 1 now but an ugly corrective 2 comes next & there is a terminal wave 5 at the tippy top meaning that the entire wave will intimately retrace. If you're going long better use your stops. All indicators rolling over. LOL! Math works.