Four stocks I would never own.
1. $AI - Don't be fool by the ticker who is pitching themselves in the AI crazy. fake ai, hype.
2. $PYPL - poor governance, lack of vision and execution
3. $ENPH - ok product, struggling middle class / low demand, no solar incentives
4. $DUOL - bleeding core business as translation/communication is more accessible via LLM, and startups powered by LLM (including tech giants like Apple live translate). But.....but.. $DUOL has multiple use cases. So does general AI and they're even better. checkmate!
The current technical trading situation on Carvana $CVNA reminds me a lot of the situation when Doc and I experienced when shorting Abercrombie and Fitch $ANF back in summer 2024.
Carvana's CEO, Ernest Garcia III, has been literally showing us for months, every single trading day, how to trade $CVNA stock, and you guys are still confused, complaining, not sure what to do, reading analysis by Jefferies, BTIG, JPMorgan and the rest.
$BULL is going to have a massive squeeze soon after its 5 month consolidation. With 46% YoY revenue growth, & over $1.6B in cash show $BULL is clearly undervalued.
$OPEN Opendoor - Retesting support before moving higher Price Targets: $10.00, $13.50 OPEN is currently retesting the Golden Ratio for support at $8.45 and price is above the trendline, edging on a breakout. If we move lower, $7.60 should provide support at the long-term
$AMZN Weekly Gann Chart It needs to break above the upper trendline resistance to break free, and will likely proceed toward the Gann arc if doing so.
https://t.co/YORVzxb6we
$AMZN Weekly Gann Chart
It needs to break above the upper trendline resistance to break free, and will likely proceed toward the Gann arc if doing so.
On the other side, I'm eyeing the Bull Market Support Band as first and the angle as second support.
$MRVL Great options flow for this morning and the chart is nice. Again semis are all looking good so im going to scale in to calls for this one as well.
Nvidia $NVDA CEO Jensen Huang just said: - The 🇺🇸 President Trump administration was not invloved in the partnership with Intel $INTC but would have back it - ARM CHIP ROADMAP WILL CONTINUE, INTEL DEAL SHOULD HAVE NO IMPACT ON $ARM
https://t.co/3CcRvyCrki
Nvidia $NVDA CEO Jensen Huang just said:
- The 🇺🇸 President Trump administration was not invloved in the partnership with Intel $INTC but would have back it
- ARM CHIP ROADMAP WILL CONTINUE, INTEL DEAL SHOULD HAVE NO IMPACT ON $ARM
Google $GOOG is reportedly approaching smaller cloud providers including Crusoe and Fluidstack to host its TPUs in their data centers, with the search giant backstopping Fluidstack’s recent deal with TeraWulf $WULF.