this week market will chiong. don't panic and buy everything. buy the undervalued ones like AMZN and META. AMD and GOOGL if got retracement, can also buy.
I would wait until NFLX stock gets beaten down until 70 bucks, then buy it. Paramount coming in for hostile takeover of Warner creates trouble for NFLX. just take out your popcorn 🍿 and watch netflix to see who wins!
no HK/CHINA rally is not over but everyone's taking profit whenever there's a flush up. that's because everyone waited so long and losing patience with China/HK. I couldn't wait and sold BABA at almost break even. re invested in higher growth US stocks. Another way to get income is to sell covered calls on your ChinaHK stocks when there's a flush up.
$Meta Platforms, Inc.(META)$ If you are urgent, you can buy now If you have shares and are patient, can wait 605 monthly 20ma, or 577 weekly 100ma. Unless there are further bad news for META, I don't see META dropping further than that. This is a more than 1000 bucks stock by next year. The lowest PE and forward PE of the Mag 7. It founder led, so Mark has skin in the game. He can be a little obsessive in his spending sometimes, but if you invest in META, you gotta trust the guy. GOOGL is next best to META but has run up in valuation and is no longer as attractive as when it was 200 buck. Buy the dip for Google as well when the time comes.
$NVIDIA(NVDA)$ fair price is 210 to 220 thereabouts. At 180, if you don't have any shares is a BUY. If you are holding and average cost is much lower, it's a HOLD. I would only add closer to 160. There's always stories threatening NVDA. But as of now, NVDA's eco system is a real moat and top dog. All these"bad" news will fade away with time.
$UnitedHealth(UNH)$ wait a while, let the price stabilise, then can add some. I'm sure most of the bad news have been priced in. In the next 3 years, data from Tiger brokers show EPS is increasing. That's a good sign. If you want some defensive stocks, can buy some.
$Palantir Technologies Inc.(PLTR)$ After earnings, if Karp gives grand predictions and says he's gonna burn the short sellers, PLTR is going to the moon. 90 first, then 100 to 120. If earnings do not give good guidance or cannot match expectations, PLTR is going to 60 bucks. 60 bucks quite high for entry. I prefer 45.
Do. Or Do Not. There is No Try. That's how Elon Musk approaches all his businesses, and none more so than his managing of Twitter 🐦 right now. For Elon's recent selling of Tesla shares, there might just be two reasons: 1. To pay a portion of $44 billion Twitter acquisition, or 2. To have cash for Twitter running costs in the near to middle term First reason doesn't seem so, as Musk had already sold shares in Aug this year and explicitly mentioned it was to fund the acquisition. There was no further news that he needed more cash with loans secured. The second reason is more plausible. Revenue is forecasted to drop dramatically, as executives and advertisers flee Twitter. Elon said that the company might face bankruptcy next year, and that's why he
$Tesla Motors(TSLA)$ It is bullish short term because the market is raising, but 7% yoy growth leaves much to be desired. That's not a growth stock. For Long term, if this growth carries on for a few quarters, the share price is going to fall. Look at the forward PE ratio, and you see it's the same as $Palantir Technologies Inc.(PLTR)$ . Compare PLTR growth with Tesla, and you see a vast difference. Tesla stock price is raising on Hopium. They need to change that to reality. If Robocars and AI Robocops can come true... Skies the limit for Tesla. If not, it's going to fall flat on the ground.