$PDD Holdings Inc(PDD)$Did the management intentionally slaughter the stock with their earnings comments so that they could use some of their $30+ billion cash horde to buy stock cheaply?
$SUPER MICRO COMPUTER INC(SMCI)$ Wall Street got the maximum it wanted from FED, 0.5% cut and is still not satisfied today. It’s a joke, and a trap if you sell. This couldn’t be negative but positive, even if it were a 0.25% cut.
$NVIDIA Corp(NVDA)$The Federal Reserve's decision to cut interest rates by 25 basis points is expected to have a positive impact on the technology sector. As a result, Nvidia's stock price is projected to reach $140 by mid-October.
$Taiwan Semiconductor Manufacturing(TSM)$I can't believe this is not up at least $5 already after Jensen gives them his vote of confidence. And the Arizona's plant will open soon and from their test run it has the same yield as the factory in Taiwan.
$ARM Holdings Ltd(ARM)$ We see approximately 13 U$ shaved off Arm Holdings valuation on very low volume of 5 or 6 million shares off last Friday's session high. This rapid retracement on low volume brings the valuation back into the 121-141 range. I would imagine the business's that order chips using Arm's designs would benefit from a target rate reduction this Wednesday after the FOMC meeting press conference.
$AST SpaceMobile, Inc.(ASTS)$ Abel said, gov is first out testing.Gov contracts typically has milestone payments, just FYISuch as on delivery to launch site, on successful orbital insertion, on development/ going operational, on tests started, on successful test, etc.
$GameStop(GME)$ One last thing. Just ran Gamestop with my code, and got a cumulative score of 7.57 for it. The scale runs -10 to +10. That's high. That's Technical Analysis, Fundamental Analysis and Momentum all drilled down to a single score. [After downloading the data, the code proceeds to calculate indicators (7DMA, 35DMA, RSI, ATR), all based on the most up-to-date data, including today's closing prices.] So cheer up. Charts are going up in a few minutes.
$ARM Holdings Ltd(ARM)$ Will I have to roll them to the Nov 15 $150's for another .77 premium credit? That would be a $19 point increase in the shares plus another $5.22 in call premiums for about a two month period from 9/4 to 11/15. That wouldn't be bad either.
$Amazon.com(AMZN)$Last one out is a rotten egg in these equity markets. Big money is taking their gains in 2024, before Harris Capital Gain taxes kick in 2025. They are selling on the Liberal Left's media saying Harris won the debate last night and Inflation still coming in well above 2.0%.
$Grab Holdings(GRAB)$ Looks like the stock may experience a strong rally chart confirms. We alerted the BUY signal at $3.08 and we were able to close this one with profit at $3.34🤙