$Sea Ltd(SE)$After a strong uptrend that led to a stage 1 base breakout, we are digesting that move in the last couple of weeks in a tight wedge structure to the 21dma. We attempted to breakout from that structure Wed/Thursday last week, but we failed and retested the area each time, making a higher low. We showed much strength on Friday with a 54.89$ pivot reclaim, confirming the reversal attempt. We had every opportunities to break lower from here, and I like that fact along the price action..I will look to buy on a 54.89$ retest or undercut & reclaim action.
$SUPER MICRO COMPUTER INC(SMCI)$Downside risk limited.Sorry shorts, but your money gone from those crazy low levels.I told you that $500 gap will NEVER get filled, and not looking like the $700s will be seen again.So, the $800s-$900s is most likely the best shorts can get, so stop dreaming about under $600 coming back. Your money is gone from that level shorts. BTW, shorts only chance of potentially seeing under $800 again would be if the markets had opened down massively like we saw the futures when Israel first did the strike.So for now, looks like the max shorts could get is the $800s in my opinion.What’s more, Well, I’m very strong on SMCI, but I did put out my disclaimer earlier, just in case shorts want to tal
$Intel(INTC)$AMD is a meme stock. The share price has nothing to do with how much money the company is making and ONLY that people are excited about it. Intel grosses more money and Intel nets more money. The number of shares for Intel at 4.23 billion is one reason the share price is low compared to AMD which only has 1.62 billion shares. Intel should be at least $76 at this time.
The Retiree's Dividend Portfolio: John's April Update: Occidental Petroleum Is Liquid Gold
$Occidental(OXY)$ Summary John's retirement accounts generated a total of $1,958.89 of dividend income for April 2022 vs. $1,673.88 of dividend income for April 2021. John's Traditional IRA had a balance of $362.5K as of April 30, 2022, vs. $323K on April 30, 2021. The estimated annualized yield is 4.72%. John's Roth IRA had a balance of $218.3K as of April 30, 2022, vs. $202.9K on April 30, 2021. The estimated annualized yield is 4.25%. April had a strong showing with seven companies that increase their dividend. OXY's dividend increase is something investors have been anxiously awaiting, and it looks like management is putting its money where its mouth is. Investment management. Portfolio diversification. Olivier Le Moal/iStock via Getty Images What
Bank of America CEO on being asked which books he would recommend on understanding banking: "If you want to find out what the issues a bank like ours faces and other banks face, you need to be...reading about what's going on in fintech and DeFi and the metaverse" $BAC$Bank of America(BAC)$$Bank of America(BAC)$Bank of America(BAC)
$Marathon Digital Holdings Inc(MARA)$Everyone needs an exit strategy. I would question your expectation for the BTC high-range in the next 9-13 months. Care to share? I ask, because I do not sell any MARA until it hits $68 and then only 5%. That would be great! BY the way, Money is rotating miners. those that had a good run in march is over bought, now selling profits and moving to those that have been stucked. so Mara will continue to rise in April.
$Marathon Digital Holdings Inc(MARA)$ Printing new shares doesn't mean dilution unless the equity per share decreases while the share count is increasing, which doesn't appear to be the full picture of what is happening at MARA. It looks more like value is being protected for shareholders. It is dilution in the sense that if a shareholder is holding a fixed number of shares while the share count is increasing, that shareholder's ownership percentage in the company is decreasing, but if the value per share is simultaneously increasing (and I don't mean the stock price), it's possible that the shareholder is losing no value and possibly even gaining value. Confusion about this can be an edge for investors who see it for what it is and can look beyon
$Portage Biotech Inc.(PRTG)$ longs loading up for the break out, going to get trapped on this pile of crap, they can increase the float by 40% and they will. Also expect them to be working the phones all day to take advantage of this move for a raise
$Marathon Digital Holdings Inc(MARA)$ What is the argument for mining at a loss vs just buying from an exchange? And if the bitcoin price levels out does that mean the end of Marathon? My concern is that AI is going to outcompete miners for energy, and the price of energy will rise dramatically in the next two years. There is a new paradigm here that may cause people to panic, and I don't want to see that.
$Oracle(ORCL)$ ORCL is known for years not a blockbuster growth co for a lon long time and Wallstreet knew them for yrs of disappointment after disappointment..They are okay co to invest in with their stagnant database product almost became irrelevant at one.point .Because of their forced acquisitions of peoplesoft and sun microsystem helped them out of the mess they are in it