$Nike (NKE.US)$ Q2 Earnings: A Thread

Investors will be awaiting Fed meeting minutes, scheduled to be released today. The minutes will probably highlight that inflation is still sticky, and that more rate hikes are on the cards. But this should not come as a surprise as Powell has mentioned 2 possible rate hikes.
At this point, it is widely expected that Fed will hike once in July. But we don’t know if there’s another one, and if there is, when is it?
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $NASDAQ 100 Index (.NDX.US)$ $Amazon (AMZN.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$ $Netflix (NFLX.US)$ $Morgan Stanley (MS.US)$ $Disney (DIS.US)$ $Coca-Cola (KO.US)$ $iShares Russell 2000 ETF (IWM.US)$ $Snowflake (SNOW.US)$ $Lemonade (LMND.US)$ $Lucid Group (LCID.US)$ $Rivian Automotive (RIVN.US)$ $Alibaba (BABA.US)$

$Apple (AAPL.US)$
Aapl did a good rally yesterday to break 152 resistance as expected and even went up to test 155 resistance.
Aapl being a market moving stock it is important to note that if Aapl is in a bull rally which is what we currently have now, likely the market will also rally together. Ndx/QQQ also broke out of bullish wedge yesterday and did not close back below the wedge trend line.
Does this mean Aapl will go back up to retest 155 straight and break new high? Maybe. But I feel it may go sideways for abit or even pullback a little due to OpEx this week to eat up time decay and to let options expire worthless.
When Aapl breaks the 155 resistance, it is almost clear to say it will break 157 high and create brand new highs at 162 or even 164. So sit tight and let the market do its thing.
As always, trade safe & invest wise!

$Apple (AAPL.US)$ this stock is so damn dumb full of retards shorting huh

$Advanced Micro Devices (AMD.US)$ wow suddenly rising

$Apple (AAPL.US)$I don't particularly like the risk/reward of buying AAPL stock before earnings here. I've previously modeled about 7% annual returns for investors buying Apple at current prices– the present price implies about the same return. Once my largest holding, the increase in the price of AAPL since late 2019 has far outrun the actual capabilities of the business. I'd rate AAPL a hold here, with moderate long-run returns expected and some downside risk in the short-run from the ongoing supply chain chaos. Apple is expected to earn $5.63 in 2022, which would break its all-time record likely to be set when FY 2021 is reported on Thursday. With inflationary/supply chain pressures mounting and stimulus unwinding, I think the FY 2022 earnings estimates are probably a bit too optimistic for AAPL stock, and as such, the risk/reward isn't favorable at this time.

$Taiwan Semiconductor (TSM.US)$Even with the expectations for semiconductors to slow in Q4 amid rising inventories, TSM guided revenue at the midpoint of $15.55B versus the consensus of $15.29B for the upcoming quarter. This guide translates to 20.5% year-over-year growth and 4.5% quarter-over-quarter. On a year-over-year basis, this is slightly below last quarter's 22.5% yearly growth, but the high-end of the guide has the potential to match it.
This comes amid rumors $Apple (AAPL.US)$is expected to cut iPhone 13 orders by 10M, directly affecting TSM's largest business - smartphones.
The iPhone rumor would directly affect TSM as Apple makes up close to a quarter of the company's yearly revenue, while the production cut is rumored to be due to shortages from $Texas Instruments (TXN.US)$and $Broadcom (AVGO.US)$. Therefore, it would logically conclude iPhone cuts would affect TSM. If that was the case, TSM had a heck of a lot more revenue coming to it in Q4 otherwise. However, the more likely scenario is Apple never planned on 90M iPhone 13's this season.
Despite higher inventories supposedly slowing orders and rumors of production cuts, TSM is still slated to grow 4.5% quarter-over-quarter. The problem is the market's disconnect between what is happening in the semiconductor industry, the stock price, and what the future holds. The stock price has baked in supply chain headaches and past higher inventory history at these levels.
The market isn't going to be convinced otherwise, and it won't reward shares of Micron or Taiwan Semiconductor until things like demand and better expectations set in. But, we don't need the market to agree with how we value it today; we only need to know the market isn't right in the long run. Viewing the situation outside of historical context creates an opportunity the market isn't willing to see. The market is convinced of history repeating itself, but I see input variables as different, and therefore the same conclusion as the past isn't a given.
The sideways movement of TSM's stock is due to this and to accumulate shares here in anticipation the market moves past what it thinks is a doomed 2022 for semiconductors. Based on different factors and outside variables from past "cycles", it's clear higher inventory is not a one-to-one correlation to the industry's current situation.

$Apple (AAPL.US)$ come on apple! . is time to wake up !!