$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ SOXL's five-year chart is quite something. Like many, I was contemplating a significant position about a year ago but let it go because my regular index funds (including QQQ) were already doing well. That would have been a feast in hindsight.
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Not the first time and not the last that I'll regret selling too early. Bought near 247 yesterday, and it's up another $30 per share after I sold. A quick dip of more than 18% from 262 seems unlikely in the near term. Barring any bad news, I don't think it breaks back below 215 anytime soon. 300 near term.
$Tesla Motors(TSLA)$ Never underestimate a stock with a loyal army of retail followers. It trumps the high P.E. conversation every time. It's what drove Tesla! Follow the retail money. Wish I'd understood that sooner!
$Alibaba(BABA)$ If there is one thing that all BABA investors agree on, it is that $81 is the new bottom. It only goes up from here. In fact, the Snow Clown reiterates $85 by the first day of Fall and $90 by Columbus Day. Who knows, we may even see $95 by Halloween.
$Microsoft(MSFT)$ How good is msft six weeks back msft was $470.... nothing msft did to cause the dip...msft had great earnings etc....so buy if you can and only use extra $$ not rent $$...and you will grow financially as is your responsibility to each other...
$SUPER MICRO COMPUTER INC(SMCI)$ This stock will continue to be shorted on any strength until the company proves they haven’t been lying and exaggerating profits. Only time will tell but they don’t seem to be any hurry to try and quell the accusations.
$Apple(AAPL)$ The macro picture with Apple Intelligence is very clear, and that is that there's enormous demand. It's growing. It's expanding out from the hyperscalers to the service providers to enterprise to commercial to sovereign AI to embedded AI to the edge to retail to manufacturing to your iPhone to here, there, and everywhere
$Hewlett Packard Enterprise(HPE)$ it's been over $20 before then fluctuates around $18-$20, it can't seem to keep traction. it seems like the big guns are keeping this in that range and needs somehow to keep the run up and keep it. Some investors are truly long term investors and have no problem waiting ( and getting a nice 3.5% dividend, while other inpatient and short term traders want quick buy & sell and just give up. I believe HPE is a good long term investment that you can tuck under your pillow and come back in years with a big pile of $$$. stay long and forget about stock.
$Amazon.com(AMZN)$ Although the market was very bearish today AMZN held the $175.76 support showing that there are buyers at that price.Going to be keeping a watch to see if we loose that level and break wedge support for a continuation down to target $171.76If we bounce and break $179.14 I'll still be watching for longs and a move to target $181.36+
$Bank of America(BAC)$$SoFi Technologies Inc.(SOFI)$ BAC has nowhere else to grow. Buffett knows BAC won't increase the number of clients. What can grow is SOFI and SOFI alone. A small bank that is not yet known for much will one day be a giant with hundreds of millions of clients and $500 billion in deposits. I'll give it a few years and I believe the share price will exceed $100 a piece
$Broadcom(AVGO)$$NVIDIA Corp(NVDA)$ The hype for NVDA and the hype for AVGO just aren't the same. First, AVGO is >40% legacy-ish software now. Second, within AVGO semis business, AI is only ~40%. The rest is non-AI networking, iPhone connectivity, enterprise storage driven - several of these have been in cyclical troughs and are still working their way out. So it's easier for AVGO to beat expectations, whereas it may not have been possible for NVDA.
$Alibaba(BABA)$ Any stock that dropped from $300 to $83 is most obviously not one to purchase. If you are hoping for this stock to rise again, you are being unrealistic. Investing in NVDA, MSFT, LMT, CostCo, or even ADBE will be a wise choice.
$Dell Technologies Inc.(DELL)$ Will this stock be added to the s&p 500 on sep 6? Dell is currently the largest stock that isn't in the s&p 500. This could go up over 4% on AH sep 6 if the committee decides to add this stock. Apparently there was a rule that was overturned this April which would now allow this stock to get added to the index.
$NIO Inc.(NIO)$1) I strongly believe that Nio will have no problem holding the 4s and eventually much higher after the ER and possibly sooner as people anticipate an excellent ER and strong guidance.2) October/November will be great months for Nio, as Onvo deliveries will be in full gear by then and interest rates will be declining. Nio's chips may also have a noticeably positive impact by November, but that could take a little longer too.3) Interest rates absolutely have an effect on sales, revenues, and deliveries. The U.S. Fed sets the tone for much of the world and interest rates tend to move somewhat in tandem among most countries. As those rates go down, more can afford bigger purchases such as cars that are usually
$Chewy, Inc.(CHWY)$ It's gone up mostly on the news and a moderately high short share percentage. I wouldn't buy it for a long term hold, because I see that they have a lot of competition with Amazon and local brick and mortar pet stores. I would only day trade it going long with the momentum or try to catch the pops for a quick short ride back down
$NIO Inc.(NIO)$ Only thing happening here are the same bots trading FTD's to stop out chart traders who fall for their own fantasies. The real fun starts when those shares are too expensive to dump and everybody is chasing them. We are real close. Just keep adding.
$SentinelOne, Inc(S)$ It won’t be taken over by mega tech if anything due to antitrust issues going on with this type of purchase. I’m thinking if S doesn’t provide solid numbers with over 59% growth in December at least it might be put in sale again and be purchased by private equity.