OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

I know this thread was really heavy on CURI, does everyone still feel like it's a good buy? Might buy more to average my price out.
If you like the thematic and fundies yeah. I sol because roku is my top priority and I’m building a house there.

took 25 shares of ftch on margin at 41.90. I’ll pay the margin off when I get paid
 
Not sure if it will recover but bought a few more every time it dropped.
I'll either make some gainz or lose a small portion of my port. :wink:
 
PTON should close today back above the 200 day MA. RSI is about 40. Really hope we're not getting a bull trap on this one. Would like to see this one regain its legs and start running higher for the first time this year.
 
Might not seem like much to you big dogs but it’s my first day trading futures with real money so I’m stoked. Also am NOT ******* with Nasdaq again. Only s&p. Up 72 bucks. :hat



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Technical analysis, price predictions and news on Tesla stock for week ending 03/27/2021. Tesla failed to complete the inverse head and shoulders formation this week. Instead it pulled back to retest a major uptrend support line. If Tesla can hold this uptrend, then it can run back up to resistance at around $645. If it can break above that, the next resistance comes in at the 50DMA at $751. On the bear side, I don’t see much room to the downside from here. If it breaks the key uptrend line then the next major support would be the 200DMA at around $511. It is highly unlikely that Tesla will break below this level unless something catastrophic happens.

Tesla news this week includes:
  • Elon Musk deletes tweet stating Tesla will be most valuable company within a few months!?
  • ARK Invest has $3,000 updated base case price target for Tesla by 2025
  • Tesla now accepts Bitcoin as payment option
  • Elon Musk: FSD subscription coming in 6 weeks; Chance to deliver 1 million cars this year
  • Tesla to possibly open Supercharger network for non-Tesla EVs
  • Tesla to deliver 15 semi trucks to Pepsi this year
 
Crazy that the last hour pumped like that. Looks like I barely missed buying back the SPY out I sold yesterday. I'm up to 64 shares of SPY averaging in at every .-25%. I think I have the account to a place where I can sell these shares and just sell a 2nd put at a more aggressive strike.
 
Target been super solid for me, slow and steady gains past two weeks regret not adding more. Hoping next week is better than this one for the rest of my port
 
TDOC is really down 45% off the highs... Taking all my willpower to not break my rule and just buy it on Margin.
personally hoping to see it base between 150 and 175 so I can jump back in but I’ll probably have to do that on margin or trim roku. Waiting for the wash sale to roll off to figure it out.
Crazy that the last hour pumped like that. Looks like I barely missed buying back the SPY out I sold yesterday. I'm up to 64 shares of SPY averaging in at every .-25%. I think I have the account to a place where I can sell these shares and just sell a 2nd put at a more aggressive strike.
Wasn’t your aunt Sally buying the close
 
personally hoping to see it base between 150 and 175 so I can jump back in but I’ll probably have to do that on margin or trim roku. Waiting for the wash sale to roll off to figure it out.

Wasn’t your aunt Sally buying the close
I set a price alert for 160 & 155. At 155 we've reached 50% peak to trough. I will NOT miss that opportunity
 
I know this thread was really heavy on CURI, does everyone still feel like it's a good buy? Might buy more to average my price out.

so after it dipped on earnings, I did some fundamental analysis. Based on their projections, I see it as a 20 +/- stock. I think it’s suffering from a few things.

1. It ONLY met quarterly projections and didn’t raise long term guidance. Growth/tech stocks are getting clobbered right now, so meeting expectations might as well be a miss if you’re considered to be growth/tech.

2. other streaming plays are experiencing draw downs at the moment, so it’s dragging curi down. Look at roku, Netflix, fubo and even Disney’s slow down.

3. no news of potential new revenue streams.

i think curi will make its way back up when streaming plays and tech in general rebounds. That and some news on a new deal or accelerated growth would do wonders. I’m buying here but it’s bounce back may take some time due to the headwinds I listed above.
 
They have 5 different revenue streams including bundling and they could always expand their advertising offerings even though they don’t want to. It’s a company growing rapidly, cutting losses quickly with low costs. If I didn’t want to own a **** load of roku instead, I would’ve bought more or stayed put. It shouldn’t be a big position but a 1-3% allocation is fine.
 
You’re doing a better job of selling them than their own management. That’s a problem.
 


factor in ebidta losses shrinking 12% for a pre rev spac, that’s a pretty cheap stock. It’s no roku, but the future is decent. Could be a 5-10b company which is basically a 5-10 bagger from here. Worse trades out there if you want a moonshot.
 
These are the stocks I like the r/r on for the week. Can use Thursday or Friday’s lows as your set risk depending on how much room you want. Ideally we see a bounce this week and I like how these aren’t necessarily knives, but in a short channel for now. Could just break down this week, who knows.
 
Technical analysis, price predictions and news on cryptocurrency Dogecoin for week ending 03/27/2021. Doge lost its momentum to the upside as it was about to break above 6 cent resistance until the Bitcoin and the overall crypto market sold off. Doge is still trading within the consolidation zone between 5 and 6 cents. The longer it trades within this range, the bigger the move will be when it breaks out! Bull case price targets for next week is that Doge will retest 6 cents resistance until finally breaking out, then heading up to the next resistance level at 7 cents. To the downside, there is very strong support at 5 cents that only really bearish news would cause it to break below in my opinion. The next support below that is 4.4 cents.

 
Appreciate everyone's comments on CURI. Might add a little more but not anything sizable.
 
Don’t buy doge guys. :lol:

maybe if it’s a half cent and sell at the next pump. Don’t let Elon make money off you.
 
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