$Tesla Motors(TSLA)$ I am sure to take a ton of crap from the TSLA bulls for this one… thinking about the economic environment we are headed, and seeing how$Meta Platforms, Inc.(META)$ and$Netflix(NFLX)$ got ravaged by earnings misses and guidance cuts,I’m fearful $Tesla Motors(TSLA)$ may soon revisit its late 2020 trading range. Given these dramatic ranges and downside asymmetric risk, I will most certainly open a couple long straddles centered at the current trading range. I believe in TSLA, but not with this current daily pattern and with the prospect of a major earnings miss on the horizon.
hmm.. $Exela Technologies, Inc.(XELA)$ wish that guy Andrew was here a year ago flooding this board with pretty much the truth as to why we are at this price. Would have kept me out. Keep blaming the exchange/shorts/MM/HF and totally ignore the 4th ATM for the year after a 1:3 split 18 months... Forget about how only 3% of common is held by insiders now. Has nothing to do with the massive increase from 50m shares to somewhere between 450m and who knows. Yep just buy your shares from the exchange and all will be fixed. $Exela Technologies, Inc.(XELA)$
$Microsoft(MSFT)$ The Bullish: Quality matters and matters a lot.The Bearish: Valuation matters and matters a lot.The Future view: Growth matters and matters a lot.The operational quality of $Microsoft(MSFT)$ is really impressive. The considerable premium valueation is currently being reduced. The stock has a current blended P/FCF ratio of 29.55. An average 10 year P/FCF ratio of 23.43.An average 5 year P/FCF ratio even of 31.89.Phew, take a deep breath. After that it was even undervalued at 7.34%. Kind of crazy.Analysts expect Microsoft to grow at a rate of 19.8% in unleveraged FCF over the next 5 years and between 15% and 16% operationally. Unbelievable.Then a 5y P/FCF/G ra
Retail car sales in China continued to trend upward amid a post-lockdown recovery, according to the China Passenger Car Association (CPCA).The agency reported that sales leapt 28% in the week of June 20 to June26 from the same period in the prior year, with passenger vehicle sales rising to 487K units, up 33% from the prior year and increasing 17% from the prior month. For the month of June observed thus far, passenger car sales in the region reached 1.42M units, a year-on-year increase of 27%.Despite the rise in sales, many of the major automakers that are either based in China or maintain strong market share in the country fell on Wednesday.Companies impacted include Li Auto (NASDAQ:LI), BYD Company (OTCPK:BYDDY), NIO Inc. (NIO), XPeng Inc. (XPEV), General Motors (GM), Toyota Motor Corpo
$Endo International PLC(ENDP)$ recently announced that its subsidiary Endo Ventures Limited has entered into an agreement with clinical-stage specialty pharmaceutical company Taiwan Liposome Company, Ltd. ("TLC"). Both the companies will commercialize TLC599. The candidate is an extended and controlled release liposomal formulated dexamethasone for chronic knee osteoarthritis (OA) pain. It is currently in phase III development for the treatment of osteoarthritis knee pain.Per the terms of the agreement, TLC will primarily be responsible for the development of the product. On the other hand, Endo will primarily be responsible for obtaining regulatory approval and commercializing the product in the United States.Endo will have exclusive rights to
it's hard to catch stocks at the dead bottom. U is stabilizing and setting up for regaining some of the loss. $Unity Software Inc.(U)$ It's probably smarter to buy in when you feel the bottom has been reached, rather than trying to catch a falling knife.
$Alibaba(BABA)$ "Macro price target analysis here with cycles, patterns, and fibs. The box is the profit taking zone in my opinion, I do not expect the next two year cycle to make new highs , but I do expect the one after to. This is because this cycle made a lower low. Usually the cycle after has to make a higher high or at least range from end to end in a gradual progression.Price target is between 170 and 190 by approx. late 2023.The cycle ends in 2024 which matches the US chart, where I do expect to see a global recession - meaning most of 2023 might actually be decent after we find a near term bottom in the US market, with the final decline not happening until a prolonged bull trap, or if it doesn't go lower than a retest o
Since everyone has abandoned J. Dorsey, let me tell you, he is the genius you thought he was. For instance, regarding the name change, he can now spinoff Square AU Pty Ltd and unlock value, whereby only share holders in Block will eventually own both companies. I'm sure this is in the works.$Block(SQ)$ BullishDon't be Homer Simpson when Block Inc. spins off Square AU Pty Ltd.