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Coronavirus = Jeff Bezos Doing better than Ever!First off, please don't take anything I say seriously or as financial advice, as always this is on opinion based basis. That being said, let me get into a few key insights. I personally am not a big fan of Amazon. That being said, I want to be as non-bias as possible. Since the Covid19 period, many internet retail stocks grew. Amazon didn't grow as proportionally compared to stocks like Fiverr, Wayfair, OverStock, or even Etsy. However, as a corporation the stock growth still was pretty dramatic. The current price correlation would have been around $1800 with stable growth (if this boom didn't happen), and the stock is nearly $2.4k. That means Jeff Bezos benefited likely an increase in 30%+ of his networth if he mainly held just Amazon stock. That being said, it just comes to show you that even during a pandemic certain sectors and market segmentations grow dramatically. Meaning, yes, it is possible to make quite alot of money during this mostly bearish period for the market. You just need to invest in the right segments and the right stocks. Amazon seems trending towards a $2.5k to $2.575k price, but there are currently higher growth stocks right now out there, so I wouldn't say buy. Long term growth overall seems stable.
NASDAQ:AMZNLong
by gamer456148
Tesla vs. the Californian State GovernmentFirst off, please don't take anything I say seriously, as always this is on opinion based basis and not meant to be taken as financial advice. That being said, here are my few cents about this matter I have been actively monitoring. Elon Musk said he would return to his factory regardless state orders. He has already been talking about moving his factory over to Texas and a brexit style exit from the whole state of California. Now, regardless of what side of the political spectrum you are in, there are a few key points one needs to look into. 1) Lots of the Tesla employees are still factory workers. The whole portrayal of everyone working at Tesla being some Silicon Valley engineer is wrong. There are already people doing hard labor, working in factories and assembly lines who are financially struggling. 2) Tesla wanting to move shouldn't be indicative of operational problems given the time we are in. 3) Enforcing a business to stay closed and not pay workers while still expecting that business to meet earnings calls and expectations after seized production makes no sense. (It is like a double edged sword). 4) If Tesla closes Californian factories, a whole bunch of tech companies will follow Elon Musk's exit. I think there is common sense on how bad the state economy would be effected if Silicon Valley is no longer the valley. Not saying I agree or not with his decision. Infact, I am not much of an Elon Musk fan myself. However, from a non bias perspective one can see the decisions he made as a businessman and why they are likely best for his stock's growth. That is why I remain highly bullish of Tesla but still rate it a mid risk hold given its extreme hyper growth. I don't see its stock crashing too soon, but I think bearish trends could be upcoming or at least less of a stable positive correlation. That being said, the overall stock should be a bullish pattern given Mr. Musk seems like he is likely to crush the next earnings target and production quotas Tesla is expected to have (in my opinion).
NASDAQ:TSLALong
by gamer456148
Really Wish I Discovered this EarlierFirst off, please don't take anything I say seriously. As always, this is not meant to be taken as financial advice and is on opinion based basis. That being said, we all have investor regrets. Wayfair and Overstock.com have increased dramatically. Imaging having been able to 6x or 9x your money in a matter of few month. It is almost as if everyone started disproportionately buying furniture online at the same time. It shows how the internet retail environment boomed during the Covid19 period. If I had a stock screener, I probably would have picked up on those two stocks and bought them. That being said, today I started formulating a paper trading strategy with an Overstock.com trade to see how it does. I think Overstock currently has some more growth potential, although both been on an extremely bullish run which means likely there could be a bubble or some small upcoming resistance curves. Wow, the CEOs of those companies must be jumping for joy right now. These two stocks + the demand for Clorox have went up dramatically. Besides that, don't forget all the biopharmaceutical stocks that went up during this same time period.
NYSE:WLong
by gamer456148
5
I made $3843 Paper Trading Fiverr in 1 DayFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, I have recently made $3843 in a paper trading simulation buying Fiverr in just a single day. Testing the current correlation waves for Fiverr, I would say it is still mostly bullish and I reintegrated my strategy into some high growth stocks as well. Will see if I might be the Nostradamus of stock predictions after all (minus the pseudoscience or the shadiness that comes with that statement).
NYSE:FVRRShort
by gamer456148
Dell: Next Retracement Wave: Take Profit at $48First off, please don't take anything I say seriously. As always, this is on opinion based basis. That being said, let me get into a few insights. I believe that Dell looks like it may be on a bullish or breakout period for a retracement wave from March's bearish "panic sell decline". This is a guess that I am taking given the Covid19 period and the patterns prior. I believe it is about to pass its $48 threshold and then continue to a similar pattern upwards towards is February price. Its looks like a climb may be happening.
NYSE:DELLShort
by gamer456148
I Made $3371.85 Paper Trading Tesla in 1 DayFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my thoughts. I made $3371.85 paper trading Tesla in one day, and the profit turn over acquitted to $26.55 per share. If Tradingview allowed me to lower the amount of money used for paper trading, I would have started off with $5000 and showed how you can make at minimal sometimes $200/day day trading Tesla if you know what you are doing. Add compound interest and multiple trades and you can obviously perform WAY better. Not to say this is financial advice or anything like that, but on hypothetical performance if you followed the same thing past trendlines it would have likely yielded similar results with well thought out buy and sells.
NASDAQ:TSLAShort
by gamer456148
7
GBTC: $15 Short Target + Continued Bullish PotentialFirst off, please don't take anything I say seriously. As always this is on opinion basis and not meant to be taken as financial advice. That being said, let me get into a few of my insights. GBTC have recently passed the $10 price target already, and I was being conservative. Now during this BTC halving period and how institutional cryptocurrency investors are reacting, I think the Grayscale Bitcoin Trust's price can pass the $15 threshold as well really soon (though I am primarily against institutional representation of BTC). This may make a nice profit turnover or portfolio hold.
GShort
by gamer456148
JD: $50 Short Target + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my insights. JD is currently on a bullish run and just in March it was nearly 25% lower in price, now currently it is at the $44.76 price point and with it going up 3.37% today, I expect quite soon it is about to pass the $50 threshold and have a continued bullish run or maybe even a rally.
NASDAQ:JDShort
by gamer456148
1
GRIL: $2.84 Short Target + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into my key points. GRIL recently went into the market at what some may call wrong timing for the restaurant era. This is due to the Covid period, which is likely why they are suffering a really bad bearish run right now. (Talk about IPO'ing at the wrong time). However, compared to competition, they have A) Much higher growth potential B) Right now the resistance isn't as high as it still could be given the time period we are in. The market cap is small, but after the 3.45% growth today and seeing that there is still price correction potential, I have my hopes up.
GShort
by gamer456148
AG: $10 Short, this Silver Miner is RallyingFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my key insights. Currently AG is on a bullish run from what looks to be a price correction or an increase in demand, and you are looking at a price increase of $4.70 to $8.37 in a matter of 7 weeks which makes a stable increase of +78%. I believe realistically, it is expected to pass the $10 threshold within a few weeks at most.
NYSE:AGShort
by gamer456148
BTC will likely Rally Post $10k Price + HalvingPlease don't take anything I say seriously or as financial advice. As always, this is on opinion basis. I also may or may not have a conflict of interest. That being said, here are my few cents. I am still very bullish on Bitcoin and it looks like it is following a pattern to pass the $10k price point very soon, and meet its next threshold target. It likely will rally, and if it passes $10k pre-halving, there would be a higher chance of it rallying even more.
GEMINI:BTCUSDLong
by gamer456148
XAUUSD: $1707 Next Short TargetFirst off, please don't take anything I say seriously. As always, this is on opinion basis. That being said, let me get into a few points. Right now, Gold is very bullish on the Forex market, and in most financial markets in general. The demand curve is seemingly going up. This is why it also has long potential. However, for a short term self-off target for Gold (since I prefer doing shorts for day trades), the target I would set-off is $1707, then reinvest in the dip couple dollars down and so forth following the day's range trendline.
FOREXCOM:XAUUSDShort
by gamer456148