Last Friday, $Ford(F)$ and $General Motors(GM)$ stocks tanked on news that Tesla is going to compete directly with them$Tesla Motors(TSLA)$ In 48 hours Tesla sold 80% of their inventory. Now a backlog begins.Markets realized towards the end of Friday that this is good news for Tesla and bad for the rest. Now over the weekend they are realizing Tesla should be bought on this news; not sold.
$Alibaba(BABA)$ What a pivot…Alibaba StockSuddenly BecomesWall Street's 2023 Top! The pressure is on Investment firms, talking heads , journalists, stock brokers to justify their non investable recommendations for China. It will be fun watching CNBC as individuals double talk the investment of China. We are setting up for another bubble just like bitcoin, space and meme stocks. But no one knows how high it will go.
$Mullen Automotive(MULN)$$NIO Inc.(NIO)$ shorties in a whole lot of hurt. Can we get two Green Day’s in a row? Margin calls will fuel the fire. Also all you put buyers are losing premiums to the hedge crooks who short and buy the same shares they sell puts to you to steal your premiums. Lol! 🐻 🤡 💪💪
$AMC Entertainment(AMC)$ will never be cash flow positive, will never dig itself out of its debt, will never recover ticket sales to pre-pandemic levels. AMC is a defunct business model, overleveraged $5.3 billion, is serially diluted, has lost money 12 consecutive quarters, in a zero growth industry, downtrending for the last 20 years. Negative shareholder equity and negative book value. Your equity will be eroded to nothing thru reverse split and continued dilution or the company goes insolvent.
$S&P Biotech Bull 3X Shares(LABU)$ Tax loss harvesting is in full effect. Will outperform in 2023 imo.$Semiconductor Bull 3X Shares(SOXL)$ Fundamentals are not supporting semis plus tax loss harvesting by year end. The general mkt bounce I have expected is not happening. 🤷🏻♂️P. S. Sell covered calls on spikes if you're in deep imo.
This is counterinitiative .... I am reentering this week massively for this MEME darling, why? - Shorts are obviously winning, but could short-lived until this week, Nov midterms. -- 3rd Qrt results on deck this week, per my wall street sources, results mostly likely bad with slowdowns, negative earnings, and deeper in debt. -- all that does NOT matter, the catalyst for bad 3rd qtr results will trigger stronger Apes response and fight back this week! - 50% gains+ for APE and AMC , MEME season is here, LFG! Pop it! Bust out! Apes!
#AMZN DATA Shares of $Amazon.com(AMZN)$ opens at $111.75 on Tuesday. The business's 50-day simple moving average is $112.39 and its 200 day simple moving average is $139.60. The company has a market cap of $1.14 trillion, a P/E ratio of 53.95, a PEG ratio of 3.69 and a beta of 1.25. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.71 and a current ratio of 0.96. Amazon.com, Inc. has a one year low of $101.26 and a one year high of $188.65.
$GameStop(GME)$ Interestingly, since many GameStop shareholders have begun to use the DRS, the video game retailer has begun to include this data in its quarterly reports.The latest report that 71.8 million shares are held with GME's transfer agent. That's an increase of 500,000 shares since Q2 2022 (see chart below). This number represents about 30% of GameStop's total float.