did you see the beautiful cup and handle formation on AMD on the weekly? the handle just formed right before earnings. whether or not this is a delicious cup of tea depends on tonight. but $Advanced Micro Devices(AMD)$ is certainly my Cup of Tea.
$Palantir Technologies Inc.(PLTR)$ did you see pltr's A* earnings. This is not top 10 or top 3... This is the top top. This is what perfection looks like. The cream of the crop. The tip of the top. Even the Nasdaq and SPX got scared by it's earnings, and now futures start trending up. The 100 day moving average did it's work as support. Now market is above 20 day moving average. Good times are coming
$Palantir Technologies Inc.(PLTR)$ it's going to be difficult because even forward PE is so high. And now market is trending down. Looks like it's going to go down first, before going back up. 120 and 100n are nice levels to buy in.
since software sector is weak, it's going down after earnings. but then go back to 200 by year end. fair valuation 150. this is a top dog stock. any sell off will be met by buyers at 120 and 100.
Can enter if you don't have position, if not just hold. Allocate properly, risk management is most impt. Prepares to lose all in crypto, if not don't buy
Oh I know why market sell off... The excuse is uncertainty... Or maybe no excuse... Who cares who's the Fed. Quickly change and lets start the uptrend again. I'm not concern. Interest rates at this level is also good. Savings can still get reasonable interest.
$Microsoft(MSFT)$ this is a slow moving stock as compared to the other big giants... But I think this is a stable and strong giant. Just look at it's PE and growth and you know it's a discount now. Investing needs time. 3 to 5 years. Not for traders.
$Amazon.com(AMZN)$ msft fall, meta up, apple "meh", Tesla "huh", Now left Google, amzn and NVDA for the big boys... I think amzn going to post boomz earnings but stock price no boomz. Who cares.. if it collapses like msft, it's going to be a buy for me.