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Monday, April 7, 2025

Potential Buys



Please seek a financial advisor for any investment activity.

 If you haven't already PLEASE READ Potential Short Term bottom before reading this.  There is no purchasing in this market without a market bottom.  Please seek a financial advisor for any investment activity.

These are stocks that I am looking at gains in the next year.

PLTR: Defense spender that has AI technology.  It should open as a BUY today any place between the open and as low as 65.  I will buy hard core more it closes in on 65.

NOTE: Palantir is extremely expensive on a price-to-earnings (P/E) basis. It is trading at 152x

INDA: India, there is quite a bit of support if INDA hits 47 dollar range.  I like India as alternate USD currency value store and about 5% dividend.

BTC: Bitcoin.  There is quite a bit of support if it hits 69K-60K.   I expect Trump will give it a boost at some point to generate a positive financial story and a potential for world to turn to as alternate value store.  Target is 400k

Gold: The fear play has now occurred, I expect gold could fall from 3100/oz down to 2,800-2,700 oz in the months ahead.  I do expect it will continue to rise over the year ahead.

Closing my SHORTS, they could be a place to buy for a counter rally (I won't)

STLA: Mission accomplished, started shorting in the 20's, should open below 9. closing puts.  Will re-open long-term puts if it counter rally's hard.  I expect a counter rally to as high as 15.  I may buy calls if cheap enough.

CVNA: This stock IMO will go much lower.  I will close it out simply due to the speed of recent decline.  My puts are SO far lower, I need to profit on time premium.

ORCL: I will close my position out, it has hit hard core resistance zone.  It has gone from almost 200 down to 123 today. There is VERY hard support around 120.   It is a re-short later this year.

QCOM: The fall has been beyond staggering from 230 to premarket of 123, and its VERY hard support.  Closing out the stock, and will re-short ONLY if it gets back to 150.

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