Some trading rules that would have made u rich over the years
1. Never sell $TSLA
2. Always buy $APPL reduced demand narrative
3. Buy the retake of 200MA on $NVDA $GOOG $MSFT and index.
Is it different this time?
This is possible the worst take yet. If u somehow equate anything about $TSLA to $NFLX as a business or positioning u r lost. U can’t just say stuff. Good lord.
$PLTR Druckenmiller took position in $PLTR
6 million shares or $140 million (unconfirmed). Name recognition with a decent size buy. For comparison
@CathieDWood
owns $543M total.
$PLTR is becoming one of those really hard to ignore stories. It is getting higher and higher on my conviction list and plan to increase my position. Moving forward everyone will need something like this and at this point the comp is yet to be named imo. Thats a good start.
Cathie making some major realignments today. Put a bullet in $FSLY. Selling a 1.1% fund weight. That very rarely happens in one swoop.
Did the same with $AAPL and not much left there now. Doubled down on some names like $NET $PTON $SKLZ $TWTR $U $DKNG while rebuy some $SE $ROKU.
$PINS failed 200MA
$AAPL bounced 200MA
$SHOP failed 200MA
$NET bounced 200MA (but retracing)
$SE not yet but ER could take it there
$MELI failed
$AMZN failed
This is why I have stopped investing in this sector for some time. We need a character change. Everything else is a knife.
$PINS Clearly some big players had access to $PINS guidance today. Was not a casual cautionary drop on pre earnings today. Big rip down on big volume before the report.
$SE Psychology experiment. The last time SE touched 200MA was March 2020. It then ran 950%. People have been waiting and waiting for the 200MA touch to load. Well its here. R u excited or frozen? No judging just askin'
It's a very tough market out there. Sometimes waiting and doing nothing is the most profitable play via less losses. Catching lows for them only to go lower? Catching breakouts for them only to reverse? Buying a beaten up name cause it can't go lower? None of that is working.
$SE Did the valuation crowd talk u out of it at 200? Did the market makers shake u out after one of those earnings dips at 200? Know when u have something special and block the noise. Stocks like this are rare.
$CRWD Caught a downgrade today with an underweight from Morgan Stupid. Through most moving averages and at trendline now. Down 9% on one rating? Consensus over 300. Seems like a you sell we will buy kinda rating. Don't be a sheep.
Looking at
@CathieDWood
buys today it looks like she is on to me. Lol $SKLZ $U $PLTR $SE. For whatever reason ARK has made this an aggressive buying day In many of her strong conviction names.
Remember everyone ragging on Cathie for buying $COIN? She owns $1.64B as the 3rd highest weight name in the funds combined with an avg entry ~275. COIN slides in ahead of $U $ROKU and $SQ which she is all green on.
#1
$TSLA obs printing money for her but
#2
$TDOC the laggard. 5/6
The
@SpaceX
Starship Superheavy launch vehicle will be the largest flying object ever made. Watch as I turn into a few pixels at the bottom of this ship, as the scale becomes true.
I'm not gonna make any friends saying this but I don't think a Mar 2020 $QQQ flush would be all bad. We get it out of the way and get on with recovery. That was a 30% flush from peak to trough, so far this one was only 10%. The death by a 1000 pins is no fun. 🤷♀️
Do better. She owns 3.3B worth and trims and buys around a core all the time. It's her
#1
holding and currently stretching or past the 10% allocations she likes to keep it at. Good lord. This dude has to know how this works right? Fear mongering or ignorance? No excuse for either
If this is more than a dead cat bounce there will be an immense amount of time to buy and make money. Don't write all your cheques on the same day. We can't catch the bottom or top and today is extended already in some names. There is tomorrow.
In the mood for an electric truck? Good luck if u r ordering today unless capacity increases.
$F 150K orders - est prod cap 150K till 2025
$GM can't order yet - on sale 2024
$RIVN 48K orders - est prod cap 40K 2022
$TSLA 1.6M orders - est prod cap 250K/yr 2022
Here is
@elonmusk
emailing the Tesla team about layoffs.
Note that this will not apply to anyone actually building cars, battery packs, or installing solar.
Happy July 4th all! Today is not about a personal agenda or politics. Its about those that have worked hard and sacrificed to give you freedom and opportunity in so many ways. Celebrate, respect, enjoy.
Some of the best of the best just from recent results (top of my head). Do ur own valuation but all these names likely go up from where they sit over time.
$COST
$LULU
$DDOG
$PANW
$CRWD
$MELI
$AMD
$NVDA
$TSLA
$HD
$GOOG
Patience and proper entries win LT
@drvolts
Fatal flaw one is not being prepared. Know what u want, the options, and the cost BEFORE you even step in a dealership. At this point u can negotiate a price over email and/or text and u don’t have to even go to dealership.
Generally don't share portfolio specifics but with Oct in the books I am now ahead of last yrs realized PnL. Also happy with my ytd %. 2020 was a phenomenal year and a tough benchmark. I hope everyone finishes strong!! Appreciate the community and all that contribute🙏
$SKLZ What the catalyst to turn this around peeps? Seemed like a good idea at the time but man what a terrible dog. Worst stock I participated in for a looong time.
Cathie unloading her $PLTR position. Not repositioning. Several positions she was very committed on have now hit the axe. I am in no position to judge but her road back to credibility and profitability will be a long one. No change on strat on some names like $SE $PATH $ZM etc
$TSLA
Cash ⬆️ to $17.6B Debt ⬇️to $1.4B
Op Margin ⬆️ to 14.7% from 5.4%
GM for a $TSLA car in 4Q21 is 31% (not a car company)
OP expense ⬆️ 50% yet adj EBITDA ⬆️ 121% and Income frm Ops ⬆️ 354%
Automotive GP ⬆️118% YoY
If these #'s don't speak to u, don't be an accountant
$PLTR trying to move up a little pre earnings. For me all these moves are just basing and consolidating like it has done since Feb. No excitement till we break the range and charting these moves in range is not of much value for me. Ur in or ur out on this one bro.
$SE One of the deepest dives I have ever seen. Great job. Esp cool is **In preparing our report we have talked to industry exp, investors, and perhaps most imp, ~200 users of various Sea products across every SE Asia country.
h/t
@EMparadigmshift
$PLTR 75% of big business says they are exploring AI for data sets. The other 25% just don't know they should be doing it yet. In house development of this makes as much sense as a carpenter deciding to make his own lumber to build houses.
If you need some convincing on the 200MA being a good entry check out some of the most traded names off this level. $NVDA $FB $AMZN $AAPL $SHOP $AAPL $NET $ROKU $COST $DOCU
Many names failed to push right where they needed to today including $NET $ABNB $COIN $RBLX $UPST $TSLA $CRWD. Be cautious till we see if they just need to regroup or we have a character change in store.
New York City Mayor Eric Adams waved a checkered flag to start a bulldozing event, where 100 illegal dirt bikes and all-terrain vehicles, confiscated by the New York City Police Department, were crushed
Cathie continues to exit $PLTR. No one wanted to buy it when she bought it but some selling when she is for sure. lol Other adds are in my wheel house with $SHOP $RBLX $TSLA $TWLO
Hindsight Capital Upgrade:
If u have 2 million dollars put a million in $SE and a million in $TSLA on October 1st, delete Twitter and look at your portfolio in 7 years.
I don't want to get too optimistic but lots of names with coiling setups ready to participate in a run here if it materializes. $RDFN $UPST $GDRX $SQ $ABNB $ETSY. This while some movers take a small but not unhealthy rest $SE $NET $CRWD. Always follow price off setups
$PLTR I haven't done the math on the exact weightings but she has an avg cost of about 23.75 with almost $1B. I expect a double from that level. I have no idea what Auntie expects. lol
$GOOG One of the big attractions for me is safety. Google is not going away LT and seem to be on top of the ad side of things. Today specifically is not an add for me but a few obvious levels. The 2492.82 is clear support and I have added off that bounce. 1/2
$PLTR showing it is gonna be content to chop at the lower level till a huge catalyst happens. Securing 8 figure contracts weekly apparently are not enough. lol I'll wait
That felt good. Just got rid of an accountant that had almost 150K followers. I felt not helpful, arrogant, negative, argumentative, no transparency and full of cliche quotes so why follow? Choose your follows carefully and make sure you are following them for the right reasons.
Some levels
$PINS - lost 50MA. Stopped on 376 pivot and filled gap
$FUBO - filled gap but reversed hard and well below the 50MA
$SHOP - failed 20ema and down. Tapped the 50MA and 1230.55 pivot
$U - struggling at the 110.64 pivot
$NET - strong S in the 70-71 area no MA in sight.
If your posts are constantly riddled with profanity to make yourself sound cool, edgy or confident I hate to tell u it's doing the opposite. I swear as much (likely more) than the next person but there is a time and place. In a public forum with an eduction purpose is not it.
"Analysts" gave u some great entries on $CRWD and $SE. Did you use them or sit tight with your cheeks clenched stuffing money under your mattress? Can they reverse and go down? Yes. That doesn't make it a bad entry and u should be able to manage the trade now based on your r/r.
@elonmusk
@WholeMarsBlog
Selling $TSLA to buy $TWTR. Absolutely hate it. Sounds like something new Cathie would do. Wish U the best putting the dumpster fire out. This is capital component and still leverage attached I think.
This
#Russia
-dropped bomb would flatten a building — and yet these
#Ukraine
EODs defuse it with 2 hands and a bottle of water, while shells audibly land nearby.
Mind boggling bravery.
ARK giveith and ARK takeawayeth. I expect the
@CathieDWood
sell curse to apply a little ST pressure to $PINS $SE and $MELI tomorrow.
On the flip side good news for $SHOP $DKNG $U with some buys. Cat literally running the growth market at this point. lol
I am more comfortable taking profits in this environment because unlike last year the chances of being locked out of a run are less. Names are giving us plenty of chances to reload. Traders market right now.
There are way to many to list on the follows and followers side. I appreciate u all! Absolutely incredible people and info on FinTwit and thankful for everyone’s contributions. Many do things I can’t and it makes us all better investors by learning. Happy 4th everyone!!!
$PLTR Back up flirting with the 20.18 pivot again. This is an imp level for it to break. It is up thru 8ema and if u squint u can see an 4 day uptrend on above avg vol. It's been awhile. lol