$Strategy(MSTR)$ Currently, MicroStrategy has broken above all key moving averages, including the 8-day, 20-day, 50-day, and 100-day lines, while consistently holding above the 200-day line throughout this correction. This signals a strong bullish trend. Additionally, the Bollinger Bands on the daily chart have turned upward and widened, the weekly chart has completed a solid base, and the monthly, quarterly, and yearly charts remain firmly in a super bull market formation. With strong technical momentum and a clear uptrend, the outlook remains highly promising!
$Alibaba(BABA)$ The bull market is here, and Alibaba’s earnings report highlights the huge opportunities within China’s industrial chain! Particularly with Alibaba significantly ramping up its AI-related investments, it's giving a major boost to the tech sector. If you missed out on $Xiaomi Corp.(XIACY)$ and $MEITUAN(MPNGY)$ , don’t let Alibaba slip by! With its deep AI investments and strong industrial foundation, Alibaba is a stock you can confidently hold long-term.
$GameStop(GME)$ If GME loses more than $2.3M in Q2, net income (ttm) will go down, p/e will go up to an even higher ridiculous level. If they lose more than $27.2M, they won’t even be a profitable company (ttm) anymore and no p/e will be published . Personally hope they lose 27.1M so their p/e will still be published and will be 102,000 . lol
$Marathon Digital Holdings Inc(MARA)$ Its not BTC that is killing us. My guess is Fred is vending 30M more shares. (the same as last quarter). In the prior 4 quarters he added 106M shares to the count. was 188M last year. Now 294M. The constant dilution is what is killing us. 10M shares a month. About 500,000 a day. Name a stock that can handle that on a daily basis. 2.5M a week. That's about 500 one thousand share new investors a day and 2500 a week. Until they cut it out this will never mature.
$PDD Holdings Inc(PDD)$PDD was selling massive volumes of consumer goods but making no money on it......the growth sent the stock to $ 150's but it was doomed to failure from the start.Now they are raising prices and volumes will come down.The other China stocks never did this.
$Apple(AAPL)$I can definitely see this company losing it's position of a magnificent 7 stock. China is trying to phase out their phones and everyone knows that apple employees get treated like crap in other countries. Apple makes their money off of cheap labor cost in other countries and once they get phased out in other countries then a new player will step in and take over apples position. Apple makes crap products so that you always have to buy their new stuff... it's the biggest trap for people that never learned about computers. It's the same thing as buying a Gucci shirt for $1,000 and it cost a couple bucks to make!
$SoFi Technologies Inc.(SOFI)$ Because BAC has nowhere else to grow. 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
$Salesforce.com(CRM)$ The sad truth is many companies like CRM and NVDIA are making gobs and gobs of money but their stock prices go down anyway, I'm taking my medicine, cashing out, wait and watch as the whole sock market crashes this fall. Then start buying again in Feb 2024 or Feb 2025. This earnings report season had too many companies with great reports get punished for no good reason at all. That's the sign on the wall that says a crash is coming,
$Virax Biolabs Group Limited(VRAX)$ And immediately 55 000 shares returned this morning. Really, can any short actually lose anything in current markets? They do whatever they want. Good news? No worries, we halt it on the upside, and give you time to work it down again all day. Come on? This isn't serious anymore...