$SoFi Technologies Inc.(SOFI)$It’s definitely a bank. It offers nothing more than my regular bank in Norway. I’m guessing its valued at a premium because its growing pretty fast and filling a void that “brick and mortar” or US legacy banks have ignored for too long. It happens when players that are too big get complacent. I’m bullish on SoFi for these reasons.
SOFI, My Thoughts: Don't be shy to poke holes in my ideas!
Why SoFi $SoFi Technologies Inc.(SOFI)$?Lots of good things to say. First thing, Wall Street and shorts hate the stock, but yet the company keeps showing growth and reasons to want to be involved. The company has shown time and time again that their growth potential is beginning to be realized, and the business is legitimate and here for the long haul. SoFi reported a tremendous quarter with great numbers and factors of growth… On top of great prospects of fiscal and numerical growth, the brand is spreading. SoFi stadium is huge, SoFi NBA play-ins, SoFi pairing with golf pros, and more to come. The SoFi brand is catering to a younger audience, which include savers, borrowers, stock traders, and more. Whether it's re
$SoFi Technologies Inc.(SOFI)$I’ve been looking at Sofi recently, and I gotta tell you - it looks great. The recent ER looked good, although of course there are some concerns for earnings in Q2. Nevertheless, I don’t see why SOFI is doing as poorly (stockmarket-wise) as it currently is.As such, I hoped anyone could give me a bear case for why SOFI is not a good company to invest in ATM.Edit: Perhaps an important thing to note: I want to go long-term on SOFI. I’m not in it for the many +20% increases in a day
$SoFi Technologies Inc.(SOFI)$ Did today's reaction to other companies earnings make you feel any better or worse? What's your thoughts about the economy and markets in general? Personally I'm more bearish then most about economy and markets in general. My personal experience and data points seem to point to the higher likelihood of a hard landing and some corrections in the markets and certain bubbles in this economy. Home prices at record highs things expensive many struggling. Think we do for either something breaking and a quick recession or another year of some slow bleeding both on main street and wall Street. Personally think that shoulda stopped this a long time ago but hey government spending from both sides and stimulus and the pandemic
$SoFi Technologies Inc.(SOFI)$ as for sofi I respect the conservative approach and really hope we don't experience too many delinquencies and write offs for loans but think the transition in an uncertain environmentand a more conservative approach for a couple quarters is a responsible pivot. The member growth and deposit growth respectable and believe with the first cut or two so long as economy fairly stable without any major destruction we will get a bid as many are avoiding interest rate sensitive companies with a decent amount of debt. We can also sell those loans for a profit and stabilize the stock price. Hope everyone doing ok. Cheers
$SoFi Technologies Inc.(SOFI)$ OMG i bought back at $7.05 to cover my short position thinking the price would go up again as the earning results are good. Should have waited until today. Then could have reduced the loss. Shorted the stock at wrong timing. A lesson learned.
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
Options Market Statistics: Tesla Stock Skyrockets 15% on China's Approval of Driver-Assistance Service, Options Pop $Tesla Motors(TSLA)$ shares surged by 15.31%, closing at $194.05. Its options trading volume was 4.52 million. Call contracts account for 58.6% of the total trading volume. The most traded calls are contracts of $200 strike price that expire on May 3rd. The total volume reaches 222,463 with an open interest of 12,220. The most traded puts are contracts of a $180 strike price that expires on May 3rd; the volume is 120,095 contracts with an open interest of 2,783. Tesla's stock has continued its recent upward trend, rising over 15% on Monday, following the approval from Beijing for the compan
Hello everyone! Today i want to share some techncial analysis with you! Hope it can help u!1. $Palantir Technologies Inc.(PLTR)$ Breakout w/ a MACD upside cross today..Image2. $SoFi Technologies Inc.(SOFI)$ Just a brutal range this thing has been in for 7 weeks now.Image3. $Alibaba(BABA)$ Over/under that this thing just gets rocked again and doesn't fly through the volume gap?Image4. $HSI(HSI)$ Bear flag breakdown into resistance or monthly falling wedge breakout coming?Image5. $Tesla Motors(TSLA)$ Another "V" bottom in the works?Image6. $Adv
. On Thu, 25 Apr 2024, the US Gross Domestic Product (GDP) report for Q1 2024 (preliminary) was released with little fanfare. It came out a day before the Fed’s go to Personal Consumption Expenditure (PCE) report. US’s Q1 2024 GDP. Preliminary readings showed that US economy grew much slower than expected to start 2024. For Q1 2024, US real GDP rose at annual rate of 1.6%. (see above) This is -0.9% lower than analysts’ forecast (2.5%) and Q4 2023’s 3.4%. The report also showed consumer prices rising, making it harder for the Fed to control inflation without hurting the economy. Personal Consumption Expenditure (March 2024) PCE - key inflation barometer the Fed watches closely, showed few signs of letting up in March. Core PCE came in at 2.8% YoY, the same as February 2024 data. Infla
$SoFi Technologies Inc.(SOFI)$ The biweekly chart analysis of SOFI suggests a potential convergence towards a support region, indicating a prospective rebound. The specific catalyst driving this potential movement remains undetermined. Notably, the upper boundary of the cloud stands at 14.5, serving as a pivotal level to monitor for potential shifts in market dynamics. The recurrent breakdowns experienced by SOFI have been notable, yet each instance has been accompanied by a compelling phenomenon: the cloud's magnetic pull, swiftly reinstating the price above. This trend, characterized by periodic dips followed by resurgences, suggests a remarkable resilience within the stock's trajectory. Presently, it appears that the ongoing streak of clo
$SoFi Technologies Inc.(SOFI)$ On SOFI's chart, a bullish heart, investors rally, never to depart. Hidden bullish monthly trends, a promising start, in the market's dance, it plays its part. What say you, Tiger friends, in this financial art? On SOFI's chart rise, what's your heart's impart? Do you see gains, a promising start? Share your thoughts, let's play our part!
I opened $SOFI 20240524 7.0 PUT$ ,SoFI: sold cash secured puts on SoFI right after earnings. The strike was still maintained at $7 which makes the delta high at around 0.45 when sold these puts as current market price was around $7.10. Premium from these puts were 5.1%. SoFI announced its earning on 29th April pre market and beat the Q1 estimates but provided a weaker Q2 outlook. As of now, the stock is down 10%. The $7 support is still holding for now, but could be breached anytime if investors or general market turned more bearish. For now, I continue to lean on the $7 support as guide for my sold puts. I’m focusing on the fact that SoFi had now turned from an unprofitable tech stock to making profits 2 quarters in a row
SoFi Technologies, Inc. provides various financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money. It also offers personal loans, student loans, home loans, and related services. The company also operates Galileo, a technology platform that offers services to financial and non-financial institutions and brokerage services, as well as Technisys, a cloud-native digital and core banking platform with financial services customers. In addition, it offers checking and savings accounts; debit cards; and cash management products. Further, the company provides SoFi Invest, a mobile investment platform that provide its members access to trading and advisory solutions, such as active investing, robo-advisory, and digital assets accounts. The company was founded in 2011 and is headquartered in San Francisco, California.