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I finally sold all my BITO which are Bitcoin ETFs that were launched some time ago. I actually held on to a big loss and this recently turned so profitable cos of the Bitcoin bull run.
Moving forwards I won’t buy BITO and will directly buy into the Bitcoin ETFs when the time is ripe!
Moving forwards I won’t buy BITO and will directly buy into the Bitcoin ETFs when the time is ripe!
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$S&P 500 Index (.SPX.US)$ The large cap is preparing to test the two levels of 4370 and 4338. For now, don't buy stocks to go long.
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$Veru Inc (VERU.US)$ If it returns to around 5.5, you can consider making an intraday trade with a stop loss of 5% and a take profit of 10% to 50%. Thank you, everyone, for not mentioning specific points.
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I had a full long update done but I messed up and moo erased it, so here is a quick one (I'm not putting another 2 hours into it sorry) I will just cut to the chase and show charts with some comments...
"Predictions are hard, especially when they're about the future" Yogi Berra
QQQ $Invesco QQQ Trust (QQQ.US)$ $E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
BEARISH, QQQ is rounding in selloff, not building support. I expect a 200+ selloff tomorrow. $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares UltraShort QQQ (QID.US)$ yield cu...
"Predictions are hard, especially when they're about the future" Yogi Berra
QQQ $Invesco QQQ Trust (QQQ.US)$ $E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
BEARISH, QQQ is rounding in selloff, not building support. I expect a 200+ selloff tomorrow. $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares UltraShort QQQ (QID.US)$ yield cu...
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For all of you traders just entering the markets for the first time, here are some cornerstone concepts for you to master.
Hope this is helpful and Enjoy!!
obviously not everything but alwaya haooy to share the knowledge :) $iSpecimen (ISPC.US)$ $Advanced Health Intelligence Ltd (AHI.AU)$ $Advanced Micro Devices (AMD.US)$ $Farmmi (FAMI.US)$ $Grab Holdings (GRAB.US)$ $Lordstown Motors (RIDE.US)$ $Lucid Group (LCID.US)$ $SOS Ltd (SOS.US)$
Hope this is helpful and Enjoy!!
obviously not everything but alwaya haooy to share the knowledge :) $iSpecimen (ISPC.US)$ $Advanced Health Intelligence Ltd (AHI.AU)$ $Advanced Micro Devices (AMD.US)$ $Farmmi (FAMI.US)$ $Grab Holdings (GRAB.US)$ $Lordstown Motors (RIDE.US)$ $Lucid Group (LCID.US)$ $SOS Ltd (SOS.US)$
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$Lion-OCBC Sec HSTECH S$ (HST.SG)$ wa jialat the price
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$Root Inc (ROOT.US)$ I bought it for 10 yuan and it has dropped since then.
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My Youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw/featured
Do subscribe if you like good quality research and analysis...
Robinhood IPO in October 2021, at a price of 38 USD. It opened and closed below IPO price on the date of listing, which already signaled a concern of its valuation at IPO price.
Nevertheless, the gamestop saga which brought unprecedented account opening for trading platforms like that of Robinhood, has led to a surge in trading volume and which also coincided with the peak price point for a number of stocks back in February 2021.... Well at least that was the price peak point for the chinese tech stocks.. OOpps... I digressed from the topic..
But what I do want to say is there is always something that the market participants would be interested at different point of time. At one point, Zoom was almost 600 USD but is now back to around 200 USD. At one point, Alibaba was at 320 USD but is now less than 120 USD for its US shares. Kuaishou Tech, another hong kong counter that I mentioned very often traded at almost 400 HKD but is now around 78 HKD (day low today around 75 HKD)...
So what was it mean for the trading platform like Robinhood? Robinhood has also leveraged on its vast customer numbers to introduce new instruments like cryptocurrencies, etc... It nevertheless didnt do that well in crytocurrencies trading volume based on what i recalled in its 3Q2021 results. At the same time, its customer assets fell from 100 billion to 95 billion USD...This signals a concern on where the growth is going to be and whether the customers are going to ditch it..
For me, I am not going to give up my fintech platform like Tiger Brokers aka UP fintech, which applying this thought process, the fellow American investors and day traders are unlikely to give up the investing and/or trading. Well unless they lose all their monies isnt it?
So will I buy Robinhood now? Given my current exposure in UP Fintech (though news keep reporting its regulatory risk overhang), I am not intending to load Robinhood at this price point but it certainly caught my attention.. Its day low was around 17 USD yesterday.
I will wait for its 4Q2021 results before reassessing Robinhood yet again. But for trading, I do move fast so i may not even announce here that I did a trade. Stay safe as always,
As always, this should not be construed as any investment or trading advice.
$Robinhood (HOOD.US)$ $Futu Holdings Ltd (FUTU.US)$ $UP Fintech (TIGR.US)$ $Interactive Brokers (IBKR.US)$ $Charles Schwab (SCHW.US)$ $IFAST (AIY.SG)$ $East Money Information (300059.SZ)$ $SoFi Technologies (SOFI.US)$ $PayPal (PYPL.US)$ $Upstart (UPST.US)$ $Block (SQ.US)$
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw/featured
Do subscribe if you like good quality research and analysis...
Robinhood IPO in October 2021, at a price of 38 USD. It opened and closed below IPO price on the date of listing, which already signaled a concern of its valuation at IPO price.
Nevertheless, the gamestop saga which brought unprecedented account opening for trading platforms like that of Robinhood, has led to a surge in trading volume and which also coincided with the peak price point for a number of stocks back in February 2021.... Well at least that was the price peak point for the chinese tech stocks.. OOpps... I digressed from the topic..
But what I do want to say is there is always something that the market participants would be interested at different point of time. At one point, Zoom was almost 600 USD but is now back to around 200 USD. At one point, Alibaba was at 320 USD but is now less than 120 USD for its US shares. Kuaishou Tech, another hong kong counter that I mentioned very often traded at almost 400 HKD but is now around 78 HKD (day low today around 75 HKD)...
So what was it mean for the trading platform like Robinhood? Robinhood has also leveraged on its vast customer numbers to introduce new instruments like cryptocurrencies, etc... It nevertheless didnt do that well in crytocurrencies trading volume based on what i recalled in its 3Q2021 results. At the same time, its customer assets fell from 100 billion to 95 billion USD...This signals a concern on where the growth is going to be and whether the customers are going to ditch it..
For me, I am not going to give up my fintech platform like Tiger Brokers aka UP fintech, which applying this thought process, the fellow American investors and day traders are unlikely to give up the investing and/or trading. Well unless they lose all their monies isnt it?
So will I buy Robinhood now? Given my current exposure in UP Fintech (though news keep reporting its regulatory risk overhang), I am not intending to load Robinhood at this price point but it certainly caught my attention.. Its day low was around 17 USD yesterday.
I will wait for its 4Q2021 results before reassessing Robinhood yet again. But for trading, I do move fast so i may not even announce here that I did a trade. Stay safe as always,
As always, this should not be construed as any investment or trading advice.
$Robinhood (HOOD.US)$ $Futu Holdings Ltd (FUTU.US)$ $UP Fintech (TIGR.US)$ $Interactive Brokers (IBKR.US)$ $Charles Schwab (SCHW.US)$ $IFAST (AIY.SG)$ $East Money Information (300059.SZ)$ $SoFi Technologies (SOFI.US)$ $PayPal (PYPL.US)$ $Upstart (UPST.US)$ $Block (SQ.US)$
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