What a freaking run that was! I got shook out during the first couple minutes of earnings for a small profit I had position at $64.80. I couldn't find a good re-entry but in hindsight any re-entry would've been profitable today. I have a holding in my IRA so I didn't totally lose out. Ugh...
It was those occasional volume spikes intraday (for the last two weeks) that convinced me the pig was heading north of $75. That was institutional buying, they can kick back and watch it hit $64 near term. Pull up a 5 minute chart and go back two weeks. That says it all. Glad you got out in tact.
Stoney! Wear you at bro? Lick your wounds and move on. Drive shack is dead, but remember this post.... ? Calloway A TEN YEAR HIGH TODAY. Ahhhhh.... You never listen, do ya? You play nothing but SA and MF pump and dump dogs. I need to work on that. Teach ya the game. Whatever. But when in doubt... ....buy the YETI.
DS is at an interesting spot now and it happened within only a couple days. It might get a good bounce here. (daily)
God AM- This pipeline situation is about to get very real for people,,, Steps taken:Emergency shipments of gasoline and diesel from Texas are on the way to southeastern cities via trucks as the White House relaxed some environmental rules to help bring in more fuel. The Department of Transportation is meanwhile considering a temporary waiver of the Jones Act that could permit foreign tankers to transport gasoline and diesel to East Coast ports. With Colonial only managing to restart a small segment of the pipeline as a stopgap measure, the EPA has additionally allowed the sale of gasoline that doesn't satisfy requirements meant to help combat smog in certain areas. Outlook:Corporations are trying to figure out what to do given the situation. Southwest Airlines(NYSE:LUV)has begun flying supplies to Nashville, Tennessee, and other cities, while United Airlines(NASDAQ:UAL)loaded extra fuel on flights to preserve local supplies in places like Baltimore and South Carolina. Shares of retailers like Home Depot, Lowe's, Walmart and Target also traded lower yesterday as investors showed some anxiety over thefuture of gas prices and stimulus drying up.
All EYES ON ME- Second Sight Medical reports two-year results of its Orion study Second Sight Medical Products(NASDAQ:EYES) gains 7% premarket after announcing two-year results of its Early Feasibility Study of the Orion Visual Cortical Prosthesis (Orion). The Study was paused due to the COVID-19 pandemic, but is now resumed and, is a six subject trial. All subjects are still enrolled in the Study and recent visual function and functional vision results continue to demonstrate that a majority of participants benefit from Orion. Five out of five of those tested at the two-year mark are able to locate a white square on a dark computer screen significantly better with the Orion System on than with it off. Four out of five of those tested at the two-year mark are able to better identify the direction of motion of a bar moving across a computer screen with the Orion System on. The Functional Low-Vision Observer Rated Assessment has only been performed with two subjects and both were rated as receiving mild positive or positive benefit from the Orion in real-world settings. There has been only one serious adverse event early in the study. The event was completely resolved without hospitalization.
Ever wonder why there is no chip shortage in China? I do. Xiaomi released its new chip – Surge C1 – at its Spring Meeting on March 29, 2021, attracting massive public attention. Moreover, the latest phone, Mix Fold, conforms to the firm's increasing presence in the high-end bands, which in this case is only possible thanks to the Surge C1. Founded on March 3, 2010, Xiaomi specializes in R&D in intelligent hardware and digital products. Differing from other manufacturers, Xiaomi aims to make quality technology accessible to everyone, so its products are in comparatively low price but relatively high quality. By now, Xiaomi has built the largest IoT platform, connecting over 100 million intelligent devices. Xiaomi's share in the global smartphone market has gradually increased from 2018 and peaked at 13% in the third quarter of 2020. Smartphones as the main income source After going public in Hong Kong on June 7, 2018, Xiaomi started opening its international markets and selling products overseas. Specifically, foreign income has gradually aligned with domestic income. Since 2018, the foreign income has risen by 74.86% to CNY 122.4 billion in 2020. More importantly, the smartphone sector was consistently the primary revenue stream, accounting for 64.14% on average of the whole revenue in the last three years. As a result, Xiaomi's income has shown an overall upward trend from 2017. Xiaomi's trip on the chip Xiaomi's chip business has been apparently underperforming, although Xiaomi got good returns from the smartphone sector. Pinecone Electronics, its first semiconductor spinoff, was founded in 2014 to help Xiaomi conduct its R&D in the space, indicating the beginning of Xiaomi's long-distance run for self-developed chips. In 2017, it released its first-generation chipset Surge S1 and established Xiaomi Yangtze River Industrial Fund. Nevertheless, with the large gap between Xiaomi's products and those of the other players, Surge S1 gradually quit the market. In the following years, the firm did not have news on self-developed chips and weakened the public's confidence. Surprisingly, in thelatest meeting in 2021, Xiaomi showed up with its new chip – the Surge C1. Unlike the Surge S1, this chip utilized an image signal processor (ISP), helping it perform more sophisticated and advanced 3A processing./// Xiaomi rallies after removal from U.S. government blacklist May 12, 2021 4:51 AM ETXiaomi Corporation (XIACF)The U.S. has agreed not to put Xiaomi(OTC:XIACF)on a blacklist blocking investment in the Chinese tech company, undoinga move made in the last week of the Trump administration. Sharessoared as much as 6.5%in Hong Kong on the news. Earlier in March, U.S. District Judge Rudolph Contreras in Washington, had temporarily blocked the Department of Defense from forcing American investors to divest from Chinese smartphone maker Xiaomi on the grounds the company has ties to China's military. "Xiaomi is a publicly traded company that produces commercial products for civilian use, is controlled by its independent board and controlling shareholders, and is not effectively controlled or associated with others under the ownership or control of the PRC or its security services," the judge said at the time. "The defendants have not made the case that the national security interests at stake here are compelling." XIACF Xiaomi Corporation $3.10 <I'm looking for $4.50 or so>
Stoney! Don't panic, you'll only make matters worse. Put down the gas cans bro. Hey, I had to dvr Cramer and see the interview with Roblox ceo last night. Its bigger than even I thought in regards to where it's heading. Here's a partial, check it out. He addresses your concerns about screen-time.
Traders brace for hot inflation number with CPI on tap Get ready for some early action this morning as the consumer price index for April is published at 8:30 a.m. ET. The figure is expected to be the hottest in nearly a decade, rising 3.6% Y/Y, though economists have cautioned that the jump could appear larger due to the base effects of 2020 when prices were weak amid pandemic shutdowns. The Fed has also maintained that the pickup in inflation will be transitory, but traders in financial markets don't appear to be so sure. This will be interesting for sure. My suspicious side thinks that the recent jobs number was low on purpose. It suited Biden's need to urge lawmakers into more stimulus. My bet would be that the NEXT jobs report is really really good. The one factor holding that back would be people choosing not to work. For that some of these free deals have to be wound back a bit.