$Shopify(SHOP)$ After taking some time to look through their financials, I view last night’s sell off more as profit taking behaviour rather than a sell due to bad news. The company is expanding its revenue at a good pace and their fees charged to merchants have increased as well without a drop in users. Most critics view their drop in operating margins to be a cause for concern but this can be attributed to Shopify’s expansion in the international market as well as a new revenue stream (that is partnering PayPal and OpenAI). All these new streams do incur higher costs at the start but it’s strengthens Shopify’s value and top line.
$Shopify(SHOP)$ Recurring revenue is healthy, and their merchant churn is low. This coupled withan improving operating leverage makes this pullback an attractive entry point.
$Novo-Nordisk A/S(NVO)$ I believe during the actual earnings call share price will go up. Firm is probably setting expectations so the recent correction imo is a buying opportunity
$Palantir Technologies Inc.(PLTR)$ $PLTR I have cut my position here as I believe the share price has run up too fast. Was in here when PLTR was double digits. Going to take profit and wait for the drop. All the best for those holding!
$Direxion Daily FTSE China Bull 3X Shares(YINN)$ might face resistance today given the lacklustre stimulus measures as well as HS Index being at an all time high. Should Trump clamp down on chip access and close the de minions rule, influence US trading partners into putting a trade barrier on Chinese exports, China will struggle economically to foster growth.
$Direxion Daily FTSE China Bull 3X Shares(YINN)$ While Chinese stocks are very undervalued right now, investors must also find the economic growth engine for China to recover. As the US cuts interest rates, the demand of RMB pushes up their currency strength, possibly negating the impact of any export benefit due to China’s deflationary environment. Moreover, with many trade partners wary of China’s alleged export dumping policies, China will struggle to find an economic growth sector to replace the gap left by their crumbling construction industry. The fact that 70% of stored family wealth is in the deflated property sector, and with 17.1% of youth unemployment, and a pension issue, China will find it difficult to
$Direxion Daily FTSE China Bear 3X Shares(YANG)$ While Chinese stocks are very undervalued right now, investors must also find the economic growth engine for China to recover. As the US cuts interest rates, the demand of RMB pushes up their currency strength, possibly negating the impact of any export benefit due to China’s deflationary environment. Moreover, with many trade partners wary of China’s alleged export dumping policies, China will struggle to find an economic growth sector to replace the gap left by their crumbling construction industry. The fact that 70% of stored family wealth is in the deflated property sector, and with 17.1% of youth unemployment, and a pension issue, China will find it difficult to
$Direxion Daily FTSE China Bear 3X Shares(YANG)$ the Chinese economy is in need of a total revamp before their economy can sky rocket. I’m in no doubt that in the long run, China will be a leading economy. However, all the stimulus and state buying of stocks to prop up the market is like pasting a band-aid on an amputated limb. Resetting their economy to be not dependent on property development/construction and trying to grow their domestic consumption will take years. Moreover, with the trade tariffs from many leading economies putting pressure on international demand, it’s just going to be difficult In the near term and for this reason, I am bearish on the Chinese economy.