To The Moon

KEY TAKEAWAYSShares of AT&T (T) dropped more than 10% on April 20, 2023, after the company reported underwhelming subscriber and revenue numbers.The company has been focused on growing mobile phone subscribers since its sale of DirecTV in 2021.Shares of competitors Verizon (VZ) and T-Mobile (TMUS) also moved lower. $AT&T Inc(T)$ shares fell 10.41%, in the biggest one-day decline since July 2002, after the telecom giant reported weak subscriber growth and its revenue missed targets. In its 2023 first quarter earnings report, the company said that it added 424,000 postpaid phone plans, representing the amount of consumers that pay their bills at the end of each month. While that was better than analyst projections, it was below the 691,000

No investor like stocks during times when the central bank tightens financial conditions. The Federal  Reserve of the United States embarked on one of the steepest tightening cycles in its history to fight inflation.Despite hiking aggressively, the Fed is probably not done with raising rates. This week, the St. Louis Federal Reserve Bank President James Bullard said that he favors more rate hikes and that a recession is unlikely.As such, it makes sense to be bearish stocks. Yet, from a contrarian perspective, this might be a great time to do the opposite – to buy stocks . Here are four reasons to be bullish on the US stock market:• Net short positions in the S&P 500 e-mini futures have reached the highest since 2011• Investors’ allocation to equities relative to bonds has dropped

One of the large whales know something is up and dumping on the market. I dont what it is but this makes zero sense when on the news Alibaba is preparing IPO of one of its businesses $Alibaba(BABA)$

$Petros Pharmaceuticals Inc(PTPI)$ is down Monday morning, with the stock declining -30.28% in pre-market trading to 3.2. PTPI's short-term technical score of 100 indicates that the stock has traded more bullishly over the last month than 100% of stocks on the market. In the Drug Manufacturers - Specialty & Generic industry, which ranks 131 out of 146 industries, Petros Pharmaceuticals Inc ranks higher than 100% of stocks. Petros Pharmaceuticals Inc has risen 196.13% over the past month, closing at $1.53 on March 20. During this period of time, the stock fell as low as $0.96 and as high as $8.52.Petros Pharmaceuticals Inc has a Long-Term Technical rank of 77by investorsobserver. This means that trading over the last 200 trading days has placed

IBD has two main rules for selling a stock: Take your profits at 20% to 25% and cut your losses at 7% to 8%.If you are buying stocks on breakouts from properly formed bases, following these guidelines will keep your head above water. But there is also a third option, one that can take your 25% profit and turn it into much more. It's called the eight-week hold rule.If your stock produces a gain of 20% or more within three weeks of breaking out of a proper base, you may have a true winner on your hands.IBD research shows that in many cases, stocks that make this quick and powerful move are capable of doubling or tripling in price. Unless your stock shows a clear sell signal, you should sit on your hands for the first eight weeks of such a move.IBD Founder Discovered SignalIBD founder William

Alibaba Group - Shares in $Alibaba(BABA)$  fell 2% after Japanese investment giant SoftBank sold almost all of its remaining shares.The shares have rebounded so far this year after falling to seven-year lows in the autumn, helped by improving results and supported by the unwinding of Chinese Covid lockdowns.SoftBank has offloaded over US$7bn of shares in the Hangzou behemoth so far in 2023 through prepaid forward contracts, according to an analysis by the Financial Times, on top of a US$29bn selldown last year.Once the sales are complete, the stake will be slashed to under 4%, having at its highest been close to owning a quarter of the company. Alibaba two weeks ago announced plans to split into six separate units, which boss D

However, history shows crowded positions are a reliable counter-indicatorTraders are growing increasingly confident that U.S. stocks are headed for a selloff. But history shows the opposite is more likely, according to an analysis by one macro strategist.Speculative traders are more bearish than at any time in the last decade, according to the latest release from the Commodity Futures Trading Commmission’s weekly commitment of traders report, which tracks futures-market positioning in a number of currencies, commodities and U.S. equity indexes.Net-short bets by noncommercial traders in S&P 500 e-mini futures have swelled to 321,459 contracts as of April 4, the largest level since October 2011.Futures-market positioning is generally viewed as a counter-indicator by equity strategists, m

big tech companies like Microsoft, Amazon, and Google are averaging -3%, and they do make money. Nio, in the other hand is at +6%, what does it tell you?When I said $10 by end of the day nobody believed me lol 🚀 $蔚来(NIO)$

Googl stock trades at about 17 times expected profits over the next 12 months, compared with 24 times for the Nasdaq 100 and Alphabet’s average over the past decade of 20. The valuation makes it a relative bargain among tech heavyweights. Apple Inc., Microsoft Corp., and Nvidia Corp. all trade at premiums to historical averages and the Nasdaq 100. While Amazon.com Inc. is cheap relative to its long-term average, its multiple of about 35 dwarfs that of the benchmark. $Alphabet(GOOG)$

From maeketbeat，a number of large investors also recently added to or reduced their stakes in $NIO Inc.(NIO)$ . California State Teachers Retirement System raised its position in shares of NIO by 9.1% in the third quarter. California State Teachers Retirement System now owns 368,807 shares of the company's stock valued at $5,816,000 after buying an additional 30,788 shares during the last quarter. Enlightenment Research LLC acquired a new stake in shares of NIO in the third quarter valued at about $287,000. Mercer Global Advisors Inc. ADV raised its position in shares of NIO by 13.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 19,151 shares of the company's stock valued at $302,000 after buying an additional 2,314 share