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Misc Stock Market

People forget if it’s not passed he can say at least he tried. Many in the finance world says highly unlikely. Maybe another bill with a % closer tor he 30% mark will pass instead. Who knows but it seems kinda knee jerk right now, and bounced pretty well today considering the news. Oh yeah and Democrats hold wealth also. Lol

You're not wrong as I said in my first post today in here that I think more people in the senate than Manchin would block this, and it's probably even more people than I'm thinking to be honest (I was thinking of 3 other senators, but based off a twitter thread I'll link, it'll be more)...

Gary Black on Twitter: "I spoke with a Washington source today about Biden’s proposed 43.4% cap gains rate for those >$1M (39.6% rate +3.8% inv inc surtax). She said like w/Infrastructure, this is Biden’s negotiating style, and he won’t get Dems from wealthy states (NY, NJ, CT, CA) to back a 35%+ rate." / Twitter

Doesn't mean I wasn't still disappointed, but I'm feeling a little better now. There's still a bit too much chicken little'ing and stupid going on. There will likely at least be a 2018 like move at some point within the 12-18 months, but I feel like it's not that soon.

Karma hasn't bitten people enough yet.
 
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The Dow Transports had a record close just this Wednesday, until you get them to actually stop, based off Dow theory, the Dow most likely needs to see more records even if it does need to go lower in the short term, and it likely does based off its tendencies in 2021.
 
Considering that the Nasdaq dropped 3% in one day at seemingly a drop of a hat in the middle of last month while it was trying to recover and then last week the Nasdaq-100 traded to the highest that it has ever traded, I have no idea why I didn't just walk away yesterday.
 
WTH MVIS? I imagine we have WSB to thank for this?

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SPX drops 1% yesterday and you get all the **** talk that I saw yesterday and it was for what?

As although it looks like it's not closing there, it set another ATH in this hour.

Edit: Oh and it's a Friday, so that ATH that it set earlier today can't be a local top either.

Edit2: Dow Transports with another record close, based off Dow theory, it's very unlikely the Dow is done but it is unknown if whether it needs to pull back further first.
 
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WTH MVIS? I imagine we have WSB to thank for this?

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Some no doubt, with volume over 116 million today.... but also kind of a perfect storm type of week. LiDAR A sample complete this month, EC scheduled for next week (although they have had in April before it was moved up a week earlier than last years, assumption is will be some A-sample update), the 8-K filed last week regarding CEO contract (had CIC language in there, while some of it boilerplate also some hints something is brewing), throw in Cramer calling it a "battle ground stock" and to "avoid it" well WSB nuts hate him and jumped all over it.
 
Haven't traded $PYPL in a long time but I added it to my long term account this afternoon.

Nice flag building, coiling, bounced off $260 3 days in a row.

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And tech...geez, what a nice looking chart. Many tech stocks have same pattern, nice cup and handle forming. If this is a rug pull it's going to hurt.

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If the last three days weren't a lie, the smaller Nasdaq stocks are finally alive again after they had been asleep for seemingly forever, and if they're waking up "just now" for another run, I don't think that's a sign of this index stopping.

Tech earnings could be make or break though, maybe we get a set that the street likes and it'll help the Nasdaq-100 break the 14kish resistance.

The S&P is also building a triangle, and we saw a triangle pattern work with the Nasdaq a few weeks back.
 
Small caps are key, OTC seems to be tied to how they and SPACs trade right now. OTC has been green with some big runners past few days, several like GVSI, PJET, WTII ran over 100% today.
 
TNX may gap up tomorrow and make me look like a ? at least temporarily but I think that rally ended for the time being because of what's been going on in the world. Part COVID worries (even if the US is seemingly doing fine) and part it seems like the economic recovery is finally coming into question a bit.

If I were to guess, it'll be 2%+ in the end this year though.
 
Dumped the rest of my MVIS today. Dumped some other day at 18 as well. This thing will probably go back down and I want to play it right . Lots of inflation and overvalued stocks right now and I want to take my profit when I have it . As of now I own no more MVIS. Now if only I got a chance to dump my worst stock ever MCOA ..... @Jimmy Hypocracy waiting on the stimulus check you promised me ! Imagine MVIS goes gme style short squeeze before dumping lol. I’d be pretty sad .
 
BLIAQ (BlockBuster liquidating) up 108% this morning.

The market is back, baby!
Inflation is back , Warren buffet and many other big investors are warning of big market pullback . I want my money now so I can play it right when it’s all down . Who knows when that will be , could be a while as this inflation/ debt fueled party is only really picking up now . Everyone is about to get all happy go lucky optimistic . Lol
 
Small market cap stocks ? I’m debating about making small plays into the usual WSB favorites like SNDL.

A couple of spec small spec bio's but mostly mid/large cap. $AMD has been a beast for me over past month...got in at $75 and sitting at $85.
 
Added $NKE today to my long term account. If you go back and look at other great companies when they pull back to their 200dma it's a good buy.

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There is a rumor that Amazon might finally split.

If it's true, if there's anybody left short in the Nasdaq, they are dead as soon as this is announced and that will likely be the catalyst for a blowoff top then deeper pullback.
 
I was deciding between Apple and Amazon this morning on a call spread. Needless to say...I didn’t choose wisely. ?‍♂️

My apple calls are flat and the potential Amazon calls would have been up double.

I should start doing the opposite when it comes to these.
 
$MVIS seriously? How are people not selling.

I don’t get it...$4B market cap now, no news. No revenue. Any buyout isn’t going to be over $4B. ?‍♂️
 
$MVIS seriously? How are people not selling.

I don’t get it...$4B market cap now, no news. No revenue. Any buyout isn’t going to be over $4B. ?‍♂️
I’m glad I sold out today . I hope she plummets back down to 10 and plays this same game again lol.
 
$MVIS seriously? How are people not selling.

I don’t get it...$4B market cap now, no news. No revenue. Any buyout isn’t going to be over $4B. ?‍♂️
I firmly believe any BO or strategic partner or will definitely be over $4B.
 
$MVIS seriously? How are people not selling.

I don’t get it...$4B market cap now, no news. No revenue. Any buyout isn’t going to be over $4B. ?‍♂️
Only up a cool $8.69 on the day. I don't see the problem. :D
 
I firmly believe any BO or strategic partner or will definitely be over $4B.

What if no BO? Over $4B market cap and no rev. How far away are they from generating rev? $100m in rev would be a 40x multiple which is really high.

They moved up earnings...and committed to some form of milestone in April. They just did a $50m shelf so assume they are selling shares into this.
 
What if no BO? Over $4B market cap and no rev. How far away are they from generating rev? $100m in rev would be a 40x multiple which is really high.

They moved up earnings...and committed to some form of milestone in April. They just did a $50m shelf so assume they are selling shares into this.
Met put a ring on this fine lady months ago....don't you talk about his woman like that. :p. But in all seriousness I owe somebody something for this one. I jumped in last Dec. And it was such an easy ride overall. Wish everyone holding the best!
 
What if no BO? Over $4B market cap and no rev. How far away are they from generating rev? $100m in rev would be a 40x multiple which is really high.

They moved up earnings...and committed to some form of milestone in April. They just did a $50m shelf so assume they are selling shares into this.
They have revenues it's just difficult to calculate due to the NDA with MSFT and the prepayment of 10M they received in 2017. Also, everyone believes, and rightfully so imo, that those revenues will increase exponentially thanks to the MSFT deal with the Defense Dept (the IVAS). Also, the $50M ATM was completed at $20 pps back in February, not sure how that effects the current stock movement. If their LiDAR A-sample was a success as expected, that means it meets all OEM requirements and truly increases their valuation dramatically. We shall see, seems like good times ahead.... I'll take some profits today but also still holding a good size portion for me.
 
They have revenues it's just difficult to calculate due to the NDA with MSFT and the prepayment of 10M they received in 2017. Also, everyone believes, and rightfully so imo, that those revenues will increase exponentially thanks to the MSFT deal with the Defense Dept (the IVAS). Also, the $50M ATM was completed at $20 pps back in February, not sure how that effects the current stock movement. If their LiDAR A-sample was a success as expected, that means it meets all OEM requirements and truly increases their valuation dramatically. We shall see, seems like good times ahead.... I'll take some profits today but also still holding a good size portion for me.

I admire your guys conviction....I don’t see it but clearly I’m wrong. Just look at the price action. It’s a rocket ship.
 
I admire your guys conviction....I don’t see it but clearly I’m wrong. Just look at the price action. It’s a rocket ship.
Well those WSB nuts helping too Lol.... 168 million shares traded and still counting
 
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