NASDAQ:TIGR is a fintech company incorporated in Singapore and headquartered in Beijing. Think HOOD for asian markets, and having direct access to those equities. From the chart you can see they clearly align with the China trade and do get a huge boost if we see China's market pick up. Current Position: Average Share Price $5.87 and continuing to...
NYSE:HE just finished a $558 million equity offering (Their market cap was around 1 billion), selling 54.05 million shares at $9.25 per share. They will use this to fund 1 of 4 payments for the Maui wildfires. The stock held pretty strong, but we also had a decently strong market last week. Considering the dilution and likely further share offerings it has a...
I expect semi's to continue a correction on Monday but the Initial reaction to earnings was too strong. RSI trending down, but outside the envelope. I will check pre-market and see how it's trading and consider getting part of my position pre-market. If all semi's are opening down, I'll take into account how far intel is opening down outside the envelope.
Short Palo Alto Networks PANW Overbought, correcting from exiting the envelope. Will keep very tight stops on these if I get profitable in case earnings from the big boys starts to spill over to the entire market (in a way bad for these shorts).
Just a quick short on FAST before ex-div date. Post earnings, with beat expectations, but nothing amazing, overbought, RSI on it's way back down. Seems likely to repeat the pattern after last earnings.
Wait for a move up and short. Wait for good entry, better to miss then get a bad entry.