$NIO Inc.(NIO)$MAJOR Chinese stimulus announced tonight. China to cut RRR by 0.50%. Loans for foreign share buybacks. Shorts are up a creek now. Major short squeeze in the making. Expect NIO to be up $1-2 tomorrow. Game over for shorts here.
$SUPER MICRO COMPUTER INC(SMCI)$ Hear me out. I love the potential in this stock. Let’s not forget about the past where they had delayed financial reports back in 2018 and were delisted from the Nasdaq. They are late yet again. If they are delisted this will go down to 200. Place your bests and may the odds forever be in your favor.
$Apple(AAPL)$ Friday was manipulation. They bid Apple 233 in the morning when Nasdaq was down and closed it at 228 last 5 minutes of trading. I still expect Apple to retest the 235 ATH level in a few weeks and break that level in NOV-DEC!
$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$Holding pattern! Not a bad thing. Potential to lose another 2+ dollars as CCI at -95. If this indicator starts going up in the next couple of days, expect a rebound to 40+.Alligator chart also indicates a down trend short term....I am holding for now and may bail out at 32....strong support at 25. Maybe buy again then if it goes that way!JMO.
$NIO Inc.(NIO)$ It wouldn’t surprise me if Musk keeps toying around with few Chinese EV stocks, it is good for Tesla to keep NIO stock depressed and non-investable equity. Longs are holding and new investors are buying, NIO will eventually turn strong and move into the 10’s-20’s and beyond !!
$Snap Inc(SNAP)$Not sure the date on the call options, but if it was anything near-term, the value was based on a possible 40%+ move to even get to $15, and at this point it appears this won't reach $15 anytime soon. Near-term $10 call options have moved up strongly.
$Taiwan Semiconductor Manufacturing(TSM)$I think the main criminal has left TSM. MU moved on to ASML take it for a ride up and down a few times. Now it's just left up to us to pick up the pieces and move on.
$SUPER MICRO COMPUTER INC(SMCI)$ It's seriously disturbing that a company supposedly as awesome as SMCI is can't publish their 10-K on time, nor have they provided an estimation of when it will be provided. Something's not right. How the stock isn't trading much lower right now is beyond me.
$SoFi Technologies Inc.(SOFI)$SOFI has 9M members. Morgan Stanley paid 2500 per member for e-Trade. This would value SOFI at 22 just for the finance business. Plus you have Galileo a SAAS company growing like crazy. At some point the market will value SOFI over 30$ a share. Be patient when it runs it will run hard!