In a world of billions and billions have been created by digital technology only, without real assets to back it up, Gold seems to be a sensible hedge. Technically it is forming a buyable bottom, with a target of $180.
PCS is preferred and also long shares sell some out-of-money-covered calls. the lower study just turned and has much room to go up. Compared to the market in large, TWTR is very cheap and has better growth prospects than most, hence a compelling risk-reward play.
TWTR has given much of its post-earning gains, it has arrived near the demand zone of 60 to 63. While waiting for a further pullback, ATM PCS may be a good idea to slowly enter a long position. MSFT buying Discord is a net negative but not a huge one, as TWTR is still pretty much a monopoly.
NOK is showing signs of life, with good buy volumes. Cheapness aside and 5G growth, my view is NOK is a prime target for all the SPAC money out there to take it out. It's a real business with real cash flow. And at a ridiculously cheap valuation, mainly because we are in a market, fashionable stocks take in most of the money flow. $4.5 could be easily achieved,...
As one of few micro-cap with real revenues (40% growth) blessed with huge market potential and very competent managment, I suspect the company will be bought out by one of the SPACs with too much cash but no real business. Patience is likely to be rewarded handsomely. Volumes have been tripling for days, a prelude to some excitement to come?
As the only social media stock lagging behind all these years, this is TWTR's year. A large cup and handle pattern is finally breaking out. The first major target is 100. The catalysts could be paid service (it is the most sought after platform for knowledge-based marketing, clubhouse, and revival of periscope into mini tiktoc). Those incremental services...
Retracement is likely after an extended rally, targeting 0.382 fib levels of 383 and 0.5 of 380.
After basing for many years, CDXC is showing signs of awakening. Stocks are being accumulated but not aggressively. It's one of few bio stocks with insider buying at the current price. The co is likely on track doing $200 mil revenue in 2 or 3 years, 10X of the 200 mil revenue = 2 bil market cap, with about 62 mil shares O/S. Potentially huge valuation...
TWTR is likely to report a somewhat mixed quarter but monetization is likely to be good and a few new strategies could also excite investors. Stock is clearly on an uptrend and being bought on any dips. The company for all its misgivings remains one of the most valuable properties of social media yet remains undervalued compared to most other tech majors. It is...
With all the mega-cap earnings out of way and with exception of GOOGL, most reactions are bearish in relation to the positive numbers. A bearish sign esp. for QQQ. Higher $DXY would be a headwind for higher market as well as the Chinese bond market is flashing warning signs. We are likely to get to 3725 very quickly. If test 3650 also a good probability at...
SPY decidedly broken down from its channel to 370, the next stop is 360. Large-cap and mega tech are all not well tape-wise. The market is a confidence game, and it is losing confidence. Not surprisingly considering we are entering a new uncertainty of tax policy, economic recovery, and the US coming out of the Covid as a significantly weakened global player....
BB is a real company with no short squeeze issue and being banned to trade for a week perhaps even longer says a lot about this "cancel culture" for the powered class. At whims. and 2 different rule books. However, as a little guy, I am delighted the situation created a great opportunity for weekly income. Sold ATM 15 BB call at $3 last week in bank acts (not...
AMZN has been griding between channels with not so great technicals. In light of the market reactions to all the great earnings thus far from MSFT AAPL and AMD, I am inclined to sell into strength and possibly play the expected move. The market is stressed; the system is stressed. I love AMZN but I don't love the tape. So I will wait.
What happened to NOK or BB is extraordinary as both are real companies with no short squeeze issue so there is no reason not to allow New positions. Then there is this real-world where strange things happen. My guess is someone shorted big in the run-up and try to control the situation. Anyhow, both BB and NOK have no liquidity issue and they have a business...
In this market where SPEC trades at billions with NO revenue, I like CDXC though I may be early. Yes it's not TSLA, yes Value does not work in this market but With a tiny market cap of 290 mil and revenue growth at 40% (still early-stage market), I am betting with Li Ka Shing, one of the richest and other top 20 institutions including Blackrock who collectively...
In this runaway market, NOK represents a sensible and substantive instrument for investing in telecom structure as we are going digital everywhere and everything. At a little over ONE time sales as a major 5G player, the risk-reward ratio is still compelling. Unlike Blackberry which is seeing some institutional sponsorship, NOK has not. But it does have a very...
with SPX at 3840, after an impressive run for the last 12 weeks, is it due for a rest? It is likely the market will attempt to ATH to 3880 on heels of good earnings from meg caps but the majority of the moves are already made. Testing 3800 is a higher probability than 3880.
Another simpler chart of GOOGL earnings moves scenario, based on symmetry and expected move. Also the cycle of the stock.