Anyone of you manage to make some profit from Meme stocks for the past few weeks? Or it's the meme which grab the money away form your pocket? 💸😂 Well, let's look into a few meme stocks today from technical aspect. This is purely for study purpose as investing in meme stocks is not recommended due to excessive risk. FFIE The stock was performing badly since August, and I believe it should have reached its near term bottom. The consolidation phase over the past few weeks proved that. However, there's no any sign of rebound yet at this moment. With the RSi showing oversold and the probability of upside is much higher than downside in near term, I vote $Faraday Future Intelligent Electric Inc.(FFIE)$ Bullish, hopin
According to coincodex.com yes there has being a 100% gain on the TPST stock. Most likely to rise to a precious amount by the end the week , Finnna want a good outcome.
Why Meme Stocks Are Not the Answer: A Cautionary Tale
In the ever-evolving landscape of the stock market, the allure of meme stocks continues to captivate the attention of investors. However, the recent surges witnessed in stocks like GameStop, AMC, and Tempest Therapeutics Inc underscore the speculative nature of these investments, often leading to short-term gains but carrying substantial risks. As Tempest Therapeutics Inc joins the ranks of meme stocks following its unprecedented surge, it serves as a poignant reminder of the perils associated with treating the stock market as a gambling arena rather than a platform for informed investment strategies.$GameStop(GME)$ $AMC Entertainment(AMC)$
Short Squeeze Back? SECO, TUP, OPGN rise nearly 100%!
1. China’s luxury e-commerce platform $Secoo(SECO)$ up 218.55% with no related newsSecoo stock is surging significantly on Thursday, although there is no apparent reason behind the rally.The Chinese shopping company has not released any new announcements, and there are no recent filings with the SEC or analyst coverage that could explain the sudden increase in stock price.Despite this lack of news, SECO stock is experiencing a high level of trading activity today. 2. $Tupperware(TUP)$ gained over 90% in the past three trading daysTupperware Brands stock has been surging in a third row, driven by the short squeeze and the unexpected resignation of the vice chair.Although it's unclear why this event led
$JD.com(JD)$ plunged over 8% yesterday, driven by institutional downgrades and target price cuts. Their main concern is the possibility of negative growth in core retail sales in Q3.Why negative growth in retail?1. Weakening overall domestic CPI and deteriorating economic conditions. JD's sales revenue is directly recorded, so price changes have a significant impact on revenue. Unlike $Alibaba(BABA)$ and $Pinduoduo Inc.(PDD)$, who record "service fees," such as commissions, as revenue, so their revenue is not sensitive to CPI.2. Weak growth in JD's retail advantages. The market share of 3C products is relatively saturated, and growth is limited. Sales of products li
OpGen Stock Soars 840% As Subsidiary Curetis Receives Substantial Payment
In an exciting development for Unit Curetis GmbH, a substantial payment of 750,000 Euros has been received. This payment is directly linked to the successful sale of specific Unyvero A50 systems to a strategic partner. The transaction signifies a significant milestone for OpGen’s Subsidiary Curetis, further solidifying their position in the market.OpGen shares soared 840% in premarket trading Thursday.The receipt of this payment highlights the trust and confidence placed in Unit Curetis GmbH and their cutting-edge products. With the Unyvero A50 systems gaining recognition for their exceptional performance and reliability, it is no surprise that a strategic partner has chosen to invest in this groundbreaking technology.This financial boost will undoubtedly fuel the growth and expansion of U
Pre-Bell｜U.S. Futures Rise; Tupperware Jumps Another 13%; One Medical Company Soars 545%
U.S. Futures for Wall Street's main stock indexes rose on Thursday as Treasury yields eased, while investors looked forward to crucial inflation data to gauge the Federal Reserve's interest-rate outlook.The Labor Department report, due at 8:30 a.m. ET, is expected to show consumer prices rising 0.3% in September according to economists polled by Reuters.Prices are seen rising to 3.6% in the 12 months through September. The core figure, which excludes volatile food and energy prices, is expected to rise 0.3% last month.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were up 114 points, or 0.34%, S&P 500 e-minis were up 15 points, or 0.34%, and Nasdaq 100 e-minis were up 48.5 points, or 0.32%.Pre-Market MoversMicrosoft (MSFT) - Microsoft fell 0.5% after the technology giant said it has recei
🌟🌟🌟Meme stocks appeal to investors who love the excitement of capturing the meteoric rise of these stocks. Meme stock traders are looking for outsized gains even though these companies may have poor financial data. The goal here is to make a large profit in a short period. Meme stocks can rally and go sky high during the worst performing markets. The 4 main phases of Meme stocks are Early Adopter, Middle, FOMO and profit taking phase. Early adopters are the trendsetters in the meme stock cycle and identify an opportunity before the bulk of adopters (middle phase) popularises it. Then it's FOMO or fear of missing out phase and finally profit taking phase. Not all meme stocks are created equal. $Palantir Technologies
How many of you have been killed by meme stocks? Or your investment funds being stolen by meme stocks. Of course there are some investors who gain jackpot from these meme stocks too, high probability back in 2020 and 2021 but with very low winning rates over these two years. Roller coaster Let's look at the so-called roller coaster memes. The first one will be $AMC Entertainment(AMC)$ Bullish. AMC daily chart Pretty nice consolidation of the share price between the two blue lines that I draw. We need to monitor closely and see whether the stock can break over 8.61 resistance. It tried yesterday but to no avail due to a heavy selling pressure. Anyway, I think the share price should retry this resistance agai
AMC: Swifties Set To Pack The Theaters, Outlining A Near-Term Long Strategy
SummaryAMC Entertainment's stock-price momentum is resurging, and the release of the Taylor Swift movie could generate positive headlines.Long-term investors should monitor earnings growth and free cash flow trends which are currently poor.AMC's liquidity position and high debt levels are concerning, and the company needs to show sustained operating cash flow improvement for a sustainable turnaround.I outline a bullish late-year play on AMC with key price levels to watch.Opening Night of Taylor Swift | The Eras TourKevin Winter/Getty Images EntertainmentAMC Entertainment (NYSE:AMC $AMC Entertainment(AMC)$) will be back in the news later this week when Taylor Swift’s Eras Tour concert film hits the big screen on October 13
Why Meme Stocks Are Not the Answer: A Cautionary Tale
In the ever-evolving landscape of the stock market, the allure of meme stocks continues to captivate the attention of investors. However, the recent surges witnessed in stocks like GameStop, AMC, and Tempest Therapeutics Inc underscore the speculative nature of these investments, often leading to short-term gains but carrying substantial risks. As Tempest Therapeutics Inc joins the ranks of meme stocks following its unprecedented surge, it serves as a poignant reminder of the perils associated with treating the stock market as a gambling arena rather than a platform for informed investment strategies.$GameStop(GME)$ $AMC Entertainment(AMC)$
🌟🌟🌟Meme stocks appeal to investors who love the excitement of capturing the meteoric rise of these stocks. Meme stock traders are looking for outsized gains even though these companies may have poor financial data. The goal here is to make a large profit in a short period. Meme stocks can rally and go sky high during the worst performing markets. The 4 main phases of Meme stocks are Early Adopter, Middle, FOMO and profit taking phase. Early adopters are the trendsetters in the meme stock cycle and identify an opportunity before the bulk of adopters (middle phase) popularises it. Then it's FOMO or fear of missing out phase and finally profit taking phase. Not all meme stocks are created equal. $Palantir Technologies
Pre-Bell｜U.S. Futures Rise; Tupperware Jumps Another 13%; One Medical Company Soars 545%
U.S. Futures for Wall Street's main stock indexes rose on Thursday as Treasury yields eased, while investors looked forward to crucial inflation data to gauge the Federal Reserve's interest-rate outlook.The Labor Department report, due at 8:30 a.m. ET, is expected to show consumer prices rising 0.3% in September according to economists polled by Reuters.Prices are seen rising to 3.6% in the 12 months through September. The core figure, which excludes volatile food and energy prices, is expected to rise 0.3% last month.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were up 114 points, or 0.34%, S&P 500 e-minis were up 15 points, or 0.34%, and Nasdaq 100 e-minis were up 48.5 points, or 0.32%.Pre-Market MoversMicrosoft (MSFT) - Microsoft fell 0.5% after the technology giant said it has recei
Anyone of you manage to make some profit from Meme stocks for the past few weeks? Or it's the meme which grab the money away form your pocket? 💸😂 Well, let's look into a few meme stocks today from technical aspect. This is purely for study purpose as investing in meme stocks is not recommended due to excessive risk. FFIE The stock was performing badly since August, and I believe it should have reached its near term bottom. The consolidation phase over the past few weeks proved that. However, there's no any sign of rebound yet at this moment. With the RSi showing oversold and the probability of upside is much higher than downside in near term, I vote $Faraday Future Intelligent Electric Inc.(FFIE)$ Bullish, hopin
Short Squeeze Back? SECO, TUP, OPGN rise nearly 100%!
1. China’s luxury e-commerce platform $Secoo(SECO)$ up 218.55% with no related newsSecoo stock is surging significantly on Thursday, although there is no apparent reason behind the rally.The Chinese shopping company has not released any new announcements, and there are no recent filings with the SEC or analyst coverage that could explain the sudden increase in stock price.Despite this lack of news, SECO stock is experiencing a high level of trading activity today. 2. $Tupperware(TUP)$ gained over 90% in the past three trading daysTupperware Brands stock has been surging in a third row, driven by the short squeeze and the unexpected resignation of the vice chair.Although it's unclear why this event led
$JD.com(JD)$ plunged over 8% yesterday, driven by institutional downgrades and target price cuts. Their main concern is the possibility of negative growth in core retail sales in Q3.Why negative growth in retail?1. Weakening overall domestic CPI and deteriorating economic conditions. JD's sales revenue is directly recorded, so price changes have a significant impact on revenue. Unlike $Alibaba(BABA)$ and $Pinduoduo Inc.(PDD)$, who record "service fees," such as commissions, as revenue, so their revenue is not sensitive to CPI.2. Weak growth in JD's retail advantages. The market share of 3C products is relatively saturated, and growth is limited. Sales of products li
How many of you have been killed by meme stocks? Or your investment funds being stolen by meme stocks. Of course there are some investors who gain jackpot from these meme stocks too, high probability back in 2020 and 2021 but with very low winning rates over these two years. Roller coaster Let's look at the so-called roller coaster memes. The first one will be $AMC Entertainment(AMC)$ Bullish. AMC daily chart Pretty nice consolidation of the share price between the two blue lines that I draw. We need to monitor closely and see whether the stock can break over 8.61 resistance. It tried yesterday but to no avail due to a heavy selling pressure. Anyway, I think the share price should retry this resistance agai
$Tempest Therapeutics Inc.(TPST)$ The world of investing is often a thrilling rollercoaster ride, with stocks surging and plummeting at a moment's notice. One such recent surge that has caught my attention is Tempest, a company in the biotech sector. The question on many minds is whether to trade this meme biotech stock and whether their treatment could potentially revolutionize liver cancer care. First, let's address the surge of Tempest. I can't help but be intrigued by the rapid rise of this biotech stock. Meme stocks tend to garner attention due to their sudden price fluctuations driven by social media hype and investor sentiment. However, it's crucial to approach them with caution, considering their inherent volatility. While the surge
OpGen Stock Soars 840% As Subsidiary Curetis Receives Substantial Payment
In an exciting development for Unit Curetis GmbH, a substantial payment of 750,000 Euros has been received. This payment is directly linked to the successful sale of specific Unyvero A50 systems to a strategic partner. The transaction signifies a significant milestone for OpGen’s Subsidiary Curetis, further solidifying their position in the market.OpGen shares soared 840% in premarket trading Thursday.The receipt of this payment highlights the trust and confidence placed in Unit Curetis GmbH and their cutting-edge products. With the Unyvero A50 systems gaining recognition for their exceptional performance and reliability, it is no surprise that a strategic partner has chosen to invest in this groundbreaking technology.This financial boost will undoubtedly fuel the growth and expansion of U
On August 9th, $Upstart Holdings, Inc.(UPST)$ experienced a significant 34% drop in trading due to its Q2 earnings report falling short of expectations and revealing a downturn, along with Q3 guidance below market expectations. Additionally, as a Fintech-focused company, UPST has ventured into traditional banking and lending after the banking industry crisis, which has raised doubts among investors about its asset quality.Q2 Earnings Overview- Quarterly revenue was $135.8 million, a YoY decrease of 40.5%, slightly below the Bloomberg consensus estimate of $135.9 million.- EBITDA stood at $10.97 million, surpassing the market's expected $0.65 million.- Adjusted EPS reached $0.06, exceeding the market consensus of $0.07.- Loan volume was $1.176 bill
【Thursday Special】What's Your Take on Meme Stocks?
Welcome to Thursday Special! I hope you're all doing well in the market. 📈📉Meme Stock Mania ContinuesMeme stocks:Those stocks that gain popularity through discussions on community forums or/and social media platforms are known as Meme Stocks. The prices of these stocks skyrocket because of a sudden increase in popularity or awareness on social media. These short-term surges are likely to reverse quickly, thus, making them more volatile as compared to other stocks. The most common characteristics of meme stocks are:Experience rapid growth in a short span of timeHighly volatileGenerally overpricedMost notable is $Tupperware(TUP)$, which has rallied nearly 900% from its lows set two weeks ago. The stock is squeezing on seemingly no news, and it’s stil
Can WeWork Rebound Like Other Meme Stocks Despite Ongoing Operational Challenges?
$WeWork(WE)$ fell 20% following the company's announcement expressing concerns about its ongoing operations. The co-working space provider issued this caution after the previous day's market close, citing an unexpectedly rapid rate of membership cancellations.The warning issued on Tuesday underscores a remarkable downfall for a company that was once regarded as one of the world's most valuable startups.Over the past year, WeWork's stock price has declined by over 95%, currently trading at just $0.2 per share, with a market cap of only slightly over $400 million. This is a stark contrast to SoftBank's previous valuation of WeWork at $47 billion during its acquisition.WeWork's Efforts to Address Challenges FailedManagement previously noted that d
$Tupperware(TUP)$ shares have skyrocketed nearly 50% as the latest meme stock rally has been undeterred by the departure of Richard Goudis, its executive vice chair. The stock gained nearly 24% on Tuesday after the company announced in a filing that Goudis also plans to resign as a director of Tupperware's board. The company said the decision was not tied to any disagreement. The stock closed Monday at $1.17 per share and had reached $2.19 by noon Wednesday. The frenzy didn’t start this week, though. In July, shares of the food-storage container producer surged 434% on no apparent news. In fact, the company issued a going-concern warning back in April, signaling to investors that it could go bust.
Option Movers | AMC Stock Soars 63%; Traders Seem to Have Made a Wrong Bet
Market OverviewU.S. stocks ended mixed on Friday (July 21), with the Dow Jones Industrial Average rising marginally to notch its 10th straight day of advances, its longest rally in almost six years. Analysts attributed Friday's volatile trading to the expiration of monthly options and the expected special rebalancing of the multi-trillion dollar Nasdaq 100 following the close of trading.Regarding the options market, a total volume of 42,602,184 contracts was traded, down 5% from the previous trading day.Top 10 Option VolumesTop 10: $SPY(SPY)$; $TSLA(TSLA)$; $QQQ(QQQ)$; $NVDA(NVDA)$; $