$BlackBerry(BB)$ Momentum shift Following up with the latest technical suggests that it's currently consolidating around key support levels. In the past six months, the stock has seen fluctuations, with its price recently hovering near $2.43 as of October 2, 2024. The stock has been below its 50-day moving average, and is approaching levels that could trigger a reversal if buyers step in. Momentum indicators like the relative strength index (RSI) are nearing oversold levels, which often precedes a rebound. Furthermore, the moving average convergence divergence (MACD) indicates that while the stock is still in a downward trend, there might be a turn around in momentum. One factor to watch closely is short int
$Zomedica Pharmaceuticals Corp.(ZOM)$ Another shortsqueeze top pick! Zomedica (ZOM) has recently been a topic of discussion among traders due to its high short interest, which makes it a potential candidate for a short squeeze. As of end September 2024, Zomedica had over 43 million shares shorted, accounting for 4.5% of its float, with a "days to cover" ratio of 14.2. This indicates a significant level of short interest compared to the average trading volume, and it would take about two weeks for all short positions to be covered, which could fuel a squeeze if momentum builds. Despite some improvements, like a reduction in short interest by 11.9% since the previous month, the stock is still heavily shorted. Moreover, Zomedica's recent operational
$Palantir Technologies Inc.(PLTR)$I have been reading this forum over the last few months. What continues to surprise me is the poor judgement of those shorting this stock. It is transparent that some hate Palantir and its growth and competence. Have not seen a strong American company get torn down so often. They announce new contracts and partnerships and the bashing continues. Amazing! People do not need to short to do well. I am convinced this company should easily be seeing a growth in the stock price. Invest! I know I am. Go Palantir!
$Palantir Technologies Inc.(PLTR)$The recent $630m contract divided by the year term is not yet calculated in the current quarter and the rest of 2024. We all know there are more contracts of 3 to 5 years coming for the rest of the year into next year and years to come. So, the low price movement are temporary and unreasonable. The shorts are still waiting for profit. Long will win here, IMO. And if you can afford to play while waiting with your long positions, you can always stay ahead against the snorters who has too many lies and drama.No bears in the pool.Business Man Swimming GIF by M|SD Official
Just some short sharing on the meme stocks. The return from these stocks might be huge and amazing during the rally but the impact will be equivalent big when the heat wave is over. $AMC Entertainment(AMC)$ The recent example will be AMC, which shot up on Monday. After that the stock experienced a continuous 4 days drop, almost 30%. If you look at its chart, this stock had been rejected 3 times recently by its longterm trend line, ema200. 3 times rejection $Faraday Future Intelligent Electric Inc.(FFIE)$ I take a risk prediction for FFIE after it retraced for over one week. Since the company announced that it intended to enact a reverse
The travel industry began to recover significantly in the second half of 2022. As a leader in the homestay industry, $Airbnb, Inc.(ABNB)$ has also rebounded since the second half of last year. With this comes increasing market expectations for its performance. Of course, since Q4 21, the company's performance has exceeded market expectations every quarter.The Q1 results announced after trading on May 9 once again exceeded market expectations and met the previously anticipated "Price-in" surprise expectation. However, ABNB's guidance for Q2 is clearly more conservative as it adjusts its outlook for booking volume and revenue more cautiously. Therefore, it fell by over 11% after hours and completely gave back all of its previous two-day overbought s
Default again? Why is market betting debt ceiling fight?
Last week's data showed that the US manufacturing and service sector PMIs rose for the fourth consecutive month. The April Markit Manufacturing PMI was 50.4, higher than the previous value of 49.2 and above expectations of 49, returning to expansion territory after six months; while the Service Sector PMI was 53.7, higher than the previous value of 52.6 and above expectations of 51.5 but slightly lower than in recent months.In Europe, while manufacturing PMIs continued to decline, service sector activity improved with April Markit Manufacturing PMI at 45.5, lower than the previous value of 47.3 and below expectations of 48 for a third consecutive month; whereas Service Sector PMI was at 56.6 which is higher than its previous reading (55) marking fifth straight monthly gain.Japan's Mar
$American Express(AXP)$ initially fell 6% after its April 20th earnings report, but managed to pull back and only ended up dropping 1.01% despite the overall poor market performance. This is worth noting for investors as American Express has always been an important holding of Warren Buffett's Berkshire Hathaway (BRK.B), consistently ranking in the top five over the past few quarters. While Buffett reduced his holdings in several bank stocks during Q3-Q4 of 2022, even completely selling off some, he maintained a heavy position in AXP. This indicates that when it comes to financial sectors, the Oracle of Omaha is far more optimistic about consumer finance than banking.Q1 performance reviewRevenue was $14.28 billion with a YoY increase of 21.6%, surp
$BlackBerry(BB)$ Momentum shift Following up with the latest technical suggests that it's currently consolidating around key support levels. In the past six months, the stock has seen fluctuations, with its price recently hovering near $2.43 as of October 2, 2024. The stock has been below its 50-day moving average, and is approaching levels that could trigger a reversal if buyers step in. Momentum indicators like the relative strength index (RSI) are nearing oversold levels, which often precedes a rebound. Furthermore, the moving average convergence divergence (MACD) indicates that while the stock is still in a downward trend, there might be a turn around in momentum. One factor to watch closely is short int
$Zomedica Pharmaceuticals Corp.(ZOM)$ Another shortsqueeze top pick! Zomedica (ZOM) has recently been a topic of discussion among traders due to its high short interest, which makes it a potential candidate for a short squeeze. As of end September 2024, Zomedica had over 43 million shares shorted, accounting for 4.5% of its float, with a "days to cover" ratio of 14.2. This indicates a significant level of short interest compared to the average trading volume, and it would take about two weeks for all short positions to be covered, which could fuel a squeeze if momentum builds. Despite some improvements, like a reduction in short interest by 11.9% since the previous month, the stock is still heavily shorted. Moreover, Zomedica's recent operational
$Palantir Technologies Inc.(PLTR)$The recent $630m contract divided by the year term is not yet calculated in the current quarter and the rest of 2024. We all know there are more contracts of 3 to 5 years coming for the rest of the year into next year and years to come. So, the low price movement are temporary and unreasonable. The shorts are still waiting for profit. Long will win here, IMO. And if you can afford to play while waiting with your long positions, you can always stay ahead against the snorters who has too many lies and drama.No bears in the pool.Business Man Swimming GIF by M|SD Official
$Palantir Technologies Inc.(PLTR)$I have been reading this forum over the last few months. What continues to surprise me is the poor judgement of those shorting this stock. It is transparent that some hate Palantir and its growth and competence. Have not seen a strong American company get torn down so often. They announce new contracts and partnerships and the bashing continues. Amazing! People do not need to short to do well. I am convinced this company should easily be seeing a growth in the stock price. Invest! I know I am. Go Palantir!