$Taiwan Semiconductor Manufacturing(TSM)$Now that Intel $Intel(INTC)$ has broken out their fabs into their foundry segment, it's possible to compare margins between Intel and TSMC. It's amazing to realize that it costs INTC 3x as much to create the same chip as $TSM (And the stock has been punished accordingly)
TSM: 1Q24 earnings call reinforced some very bullish developments
$Taiwan Semiconductor Manufacturing(TSM)$TSM down 10% last week mainly on market weakness/Semis sector weakness/ Gross margin headwinds, but the 1Q24 earnings call reinforced some very bullish developments. 1) top line growth is very much intact on strength in high performance computing/AI, strong demand for 3nm-5nm. TSM beat in 1Q & 2Q revenue $19.6-20.4B above the Street at $19.08B. This puts the trajectory for the year towards the high end of the +20-25% revenue growth. With META $Meta Platforms, Inc.(META)$ & TSLA $Tesla Motors(TSLA)$ guiding to higher Capex, much of which is AI focused, this seems very achievable. 2) Notably
$Intel(INTC)$Since 2013 Intel is in the top companies that has invested in capital expenditures for the future at $21.9B. This stock will double by December 31, 2024 and should be up +10% by Friday. This stock is ridiculously cheap especially considering the upside potential. Additional funding under a potential Chips2 Act, government DoD contracts, Gaudi3 one of the most advanced AI chips etc.
$Spotify Technology S.A.(SPOT)$SPOT is a Perfect example of a brief trading bubble caused by irrational exuberance over an earnings report that looks good at first glance, but reveals deeply troubling uncertainties going forward, most especially when you factor in current over-valuation. This baby is poised to DROP today!
$Microsoft(MSFT)$I have been watching AMZN, MSFT and WMT.WMT $Wal-Mart(WMT)$ is meandering along $59-$60, can't make up its mind. It is probably a little overvalued but not by much.MSFT was allergic to $420 and has been struggling ever since, and I think the consensus now is it needs to be lower, question is how much? JPM found support at $180. What will MSFT's support be? Perhaps the upcoming earnings report will find the new support level.AMZN $Amazon.com(AMZN)$ is way overpowered, and longs can massage their metric to make it appear otherwise, but I use price / earnings. AMZN pays no dividend, and the earnings per share are a joke. To
$NVIDIA Corp(NVDA)$Having corrected 22% now off of NO bad news THIS stock is incredibly low priced for no reason, meaning the rubber band is amazingly stretched to the point of a powerful rebound with short covering fueling MUCH of that rebound! Add to that an outstanding earnings, revenues and guidance that are rapidly approaching and you have the formula for powerful gains ahead! Don't be left on the sidelines out of a baseless fear, Strong strong strong strong strong buy! Don't forget to mute all shorts so that you don't waste your time with their lies and perversions.
$Amazon.com(AMZN)$Not one analyst will be willing to stake his/her reputation on next week AMZN performance and 4/30 ER. as an optimist and a non greedy investor I’m hoping that the combined trading this week and ER on 4/30 will have AMZN on 5/1 open at $185-$190. Not greedy but still very hopeful.
$Amazon.com(AMZN)$AMZN got a perfect weekly topping candle, followed by a bearish engulfing candle (one more day to confirm) Stock below $180 support level and 21 EMA on daily time frame. next support at $176 and $167. looking for puts as long as below $180. Stock is weak on indicator level. earning coming up april 30th.
$Amazon.com(AMZN)$Amazon has done nothing innovative lately to break away from market. Failed shopping AI, saving some trees with packaging with aid of AI, and Fallout. "AI" has been carried out for years. It's nothing new. Hype driver by greedy weaponizing of mega corporations, marketing, and processing power.Unless I am missing something, Amazon will continue to follow macroeconomy with possible push after posting earning that will likely result in mass profit taking pending messy elections.So overall, short and intermediate high volatility. Post election long term bullish.
$CleanSpark, Inc.(CLSK)$The actually real problem is not the potential and capacity of CLSK but the fact that BTC is dropping and people are isterically selling. Just wait april 30 with the Hong Kong ETFs buys and may for EQ. The fate of this stock is the sky. A wild run is on the card.