$Affirm Holdings, Inc.(AFRM)$ this stock has pretty much done the same thing for the last month. Mon tues pump dump sometimes Wednesday. Thursday toss up Friday bag holders. Go long shorts too risky.
$Facebook(FB)$ the fact that Facebook can actually affect people’s feelings and behaviors is testament to how powerful their platforms are. This is reason to BUY the stock, not sell.
$Sea Ltd(SE)$ This is obviously in an H&S pattern with 310 being neckline support & resistance at 332. If it can't hold here then it goes to next support at 300 & finally 285 to complete the pattern. So we are basically at a tipping point depending on what this does tomorrow. Not liking that gravestone doji on the daily though. I think this needs more consolidation. Bullish until support breaks. And there is a sell signal on the 21ema/dma, but all other indicators are a go.
$Lucid Group Inc(LCID)$ Not going to lie. I didn’t really like what I heard from Peter when asked # of units by eoy during his Bloomberg interview. He mentioned covid has been an issue with supply chain. He did not mention any issues with chips. Also, doesn’t look like we’ll know for sure how many units by eoy until mid November. I’m a bull and super confident Lucid can hit 577 units at minimum, but this does not help convince the big wigs to pile in until then. I’m a longterm holder, but don’t see this helping elevate the price right now in the way that we want. Hopefully Peter is still running with the underpromise and overdeliver technique.
$Lucid Group Inc(LCID)$ If you could go back 10 years, would you invest in Tesla heavily? Well, Lucid is your time machine and took you back 10 years. What are you going to do?
$Alphabet(GOOG)$ The Fed will not taper next week--if ever. So, I'm getting very tempted here but will wait until next week before making my next move.
$S&P500 ETF(SPY)$$NASDAQ-100 Index ETF(QQQ)$$Apple(AAPL)$$Microsoft(MSFT)$ Does anyone remember October 2018? If not then navigate and check it out. There were many small dips before OCT 2018 too. We are in a similar situation now. The sell off just started and recovery might take months (5-6mo). This is how the make bag holders. Meanwhile the calls are going to decay during recovery.
opening selloff takes $Snap Inc(SNAP)$ all the way down to horizontal support line offering a low risk entry here. Recent earnings were a massive beat.
$SOS Limited(SOS)$ Why do LONGs sit back on this stock?? Here's some reasons, but my reason is the belief they bought property in Niagara, WI end of August and will move to bring thousands of rigs to the USA to mine BTC. Blockchain will prove to be an even bigger revenue tool for SOS in the long run.....
$Microsoft(MSFT)$ Appears that the volume gap is filling down towards 289 There's really no support in this zone until that 289 demand I believe 298/300 will act as resistance until that gap gets filled. Once it is filled, a new ATH can emerge
$S&P500 ETF(SPY)$ I believe we touch $441.43 and then bounce. I’d wait until the CPI release which is on the 14th of September at 08:30 AM before going long on anything!
$BITCOIN FD UNIT CL A(BTCFF)$ Generally speaking, crashes usually occur under the following conditions: a prolonged period of rising stock prices (a bull market) and excessive economic optimism, a market where PE ratios exceed long-term averages, and extensive use of margin debt and leverage by market participants. Other aspects such as Real estate bubble, wars, large corporate hacks, changes in federal laws and regulations, and natural disasters ......100% gold backed crypto$Asia Broadband, Inc.(AABB)$ is set to become one of the brightest project in the future. Check the board for DD. $Alphabet(GOOG)$
$General Motors(GM)$$Tesla Motors(TSLA)$ Dear reporters working at respectable newspapers:The story isn't that GM is recalling all Chevy Bolts. The story is why hasn't TSLA done the same? One company is ethical, the other is run by a psychopath. Do better.
Least continuing jobless claims since Mar 2020. Tapering will be here September. Enjoy it while you last everyone. Shorted at 301 again. This round I will only close at 200, which will happen by end of November.$Sea Ltd(SE)$
So much love from Motly Fools for this stock… don’t get it. Every earnings report, this stock tanks and there is a build up. Last earnings report there was a reason (deep freeze) not this time. One more bad earnings report, $Lemonade, Inc.(LMND)$ will go to ipo price. Too much hype from Motly and others…