$SOFI - Tradeable hourly bounce coming.
Bullish RSI divergence on 1H chart.
Either that was the dip buy, or you get one more dip which should be bought imo.
THIS TIME IS DIFFERENT: Vegas edition
A savvy markets friend pointed out that:
(i) Las Vegas bookings are down, and
(ii) similar downturns led and preceded the recessions in 2001 and 2008, and therefore
(iii) a recession is coming.
Not this time.
Here’s what happened.…
$SOFI - Listen, I'm a Sofi bull. But buying this dip could be very premature.
Let the downtrend playout, wait for a base, then go big.
Both of SOFI's previous downturns (July 23', and March 25') saw losses of 50 percent.
Would not be crazy if it did the same thing here. Stocks…
$SOFI - Currently breaking the 10/20 EMAs. Not looking great for lenders right now. If lenders do go into a bear market, then I say again - Full port Sofi at 15$
$CLSK - Haven't talked about CLSK in a while because it kept failing the long term breakout.
Well, it finally did it. And that is definitely a confirmed Inverse H&S.
Think this one is 35$ in December.
Bank of America estimated quantum computing TAM 5 years from now?
$4B.
$IONQ valuation today?
$20B.
Price to grift ratio? Off the charts.
Even if BofA is very wrong & the market is $8B for 2030… these are still all ridiculously priced.
Didn’t realize CRWV was this non consensus. It’s actually the cheapest on a 2027 forward p/s basis. Followed by NBIS.
Almost no one believes it’s the best buy right now in this poll.
Didn’t realize CRWV was this non consensus. It’s actually the cheapest on a 2027 forward p/s basis. Followed by NBIS.
Almost no one believes it’s the best buy right now in this poll.
$LULU - Its a great business, but its not time to go bottom fishing yet.
If you look at NTM earnings growth, its actually negative. Don't get fooled by plays like this.
When you have a strong thesis that earnings will start to grow again and accelerate (within the NTM), THEN…
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