Baba Could be a great long here, or a possible shortWhat is baba?
Alibaba Group Holding Limited, through its subsidiaries, provides online and mobile commerce businesses in the People's Republic of China and internationally.
It operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.
Alibaba has been dropping due to possible accounting law being pass to make china stocks more transparent or get delisted.
however, if that fails to pass. This could bounce.
Could be a great long, or if it breaks $198, Yikessssss
Long entry $199
Stoploss $197
Target $206
BIDU
THE WEEK AHEAD: PDD, BIDU, TGT, NVDA, LOW EARNINGSEARNINGS:
PDD (72/92): Friday, before market open.
BIDU (81/61): Monday, before market open.
TGT (55/49): Wednesday, after market close.
NVDA (51/62): Thursday, before market open.
LOW (51/63): Wednesday, after market close.
Both PDD and BIDU are ADR's, so look to put on plays post-announcement to catch earnings afterglow, if at all. The dates of their announcements tend to be "soft," meaning they're subject to change, and there's nothing more disconcerting than putting on a volatility contraction play, only to have earnings not occur when they're initially supposed to.
Pictured here is an NVDA short strangle in the June cycle with break evens wide of one standard deviation. Off hours, it's pricing out at 10.35, but markets are wide. Because it's rather large, consider going iron condor, looking to collect at least one third the width of the wings in credit (e.g., the June 19th 275/280/405/410, paying 1.73 at the mid price).
SECTOR EXCHANGE-TRADED FUNDS, ORDERED BY RANK AND SCREENED FOR >30-DAY IMPLIED:
SLV (57/41)
EWW (56/46)
GDXJ (51/61)
SMH (49/49)
GDX (44/51)
XLE (44/52)
EWZ (44/60)
EEM (44/60)
XLU (42/31)
XOP (34/67)
USO (13/78)
BROAD MARKET, ORDERED BY RANK:
IWM (60/47)
TQQQ (53/99)
EEM (43/34)
QQQ (36/32)
SPY (33/31)
IRA DIVIDEND-PAYERS ORDERED BY RANK:
IYR (61/44)
EWA (49/42)
EWZ (44/60)
EEM (43/34)
XLU (42/31)
EFA (38/28)
HYG (34/19)
SPY (33/31)
EMB (27/22)
TLT (24/20)
With acquisitional plays for a retirement account, it's not necessarily "all about the premium"; it's partly about price, so it will pay to look at a few charts to determine which of these are trading at a discount relative to where they've been. That being said, having a higher background implied is of benefit, since it will result in a lower break even relative to strike price than were implied not as high and getting in lower is always better in the retirement account. For instance, I'm not in "acquisition mode" for TLT, not only because of its low implied, but because it's at or near all-time highs, moves inversely to yield, and doesn't necessarily have all that much room to move higher given the current interest rate environment. Conversely, EMB and HYG implied aren't all that great (treasury and/or bond funds are not known for having high volatility, generally), but both got absolutely crushed in the mid-March closely correlated sell-off, so I could see selling out-of-the-money puts in those instruments, assuming they were at levels I'd be comfortable with acquiring. (See HYG, EMB Posts Below).
Granted, these are large ticket items and not everyone is going to be able to go out there and sell a three-rung, SPY 16 delta short put ladder; the price tag is hefty. However, implied metrics can be informational for even those with smaller accounts. At the very least, these metrics are saying: "Look at me. I'm moving", and -- in the vast majority of cases -- they say, I've moved lower and that this may be the time to pick up some shares, even if they're fractional. Over time, fractional shares aggregate into one lots that you can proceed to cover and reduce cost basis more efficiently, as well as generate cash flow on top of dividends.
BIDU FORECAST FOR Q1 2020 in line with ESTIMATES !!!!Feb 27 (Reuters) - China's Baidu Inc forecast first-quarter revenue below analysts' expectations on Thursday, amid the ongoing coronavirus outbreak in the country.
Baidu, whose search engine dominates the country's market, forecast first-quarter revenue between 21 billion yuan ($2.99 billion) and 22.9 billion yuan, while analysts had expected 23.08 billion yuan, according to IBES data from Refinitiv. ($1 = 7.0128 Chinese yuan renminbi) (Reporting by Akanksha Rana in Bengaluru and Yingzhi Yang in Beijing; Editing by Shailesh Kuber)
IMPACT OF VIRUS OVERBLOWN FOR INTERNET COMPANIES OBVIOUSLY !!!!!
Fourth Quarter 2019 Financial Highlights
BAIDU IS GROWING AGAIN STRONGLY SINCE LAST YEAR DESPITE SHARE PRICE FALLING almost 30% YoY !!!! ALL IS IMPROVING MARGINS AND OPERATING INCOMES AND USER TRAFFIC STAGGERING NUMBERS i
Non-GAAP diluted earnings per ADS
December 31, 2018. September 30,2019 December 31, 2019 YOY. QOQ
13.42 12.61 26.54 98% 110%
IF YOU ARE SCARED OF OVERVALUED TECH STOCKS THIS ONE IS DEFINITELY CHEAP TO ME AND A GREAT LONG TERM HOLDING
CHINA IS NOT DEAD SO RAISE YOUR EYES AND LOOK INTO THE FUTURE NOW (not next month or quarter), it is the FUTURE
FANG+ Stocks: Buoyed in 2020 by Solid Earnings and Low RatesFor those who have followed my ideas over the past several months at-least, know that I remained bullish not only in the entire stock market on a broad basis, but US Tech was one of my top picks for continued growth which has deemed correct. I went on to say that 2020 will be a better year from peak to peak growth over the broader markets than 2019 which for now, is correct.
In-fact, even compared to "experts" across the lamestream media, I was one of the very few that actually believe 2020 would be a better year for the broader market than 2019 and not only has this deemed correct, but it will remain correct.
FNGU represents one of the best leveraged funds in the entire market and significantly better than the popular TQQQ, and even superior to the other popular 3x ETF TECL.
The companies the stock follows are diversified in a 10% weighted classification which is reset quarter by quarter. In 2020 I view all 10 of these boasting significant and continued growth.
- Tesla (My TP: 1000+)
- Nvidia (My TP: 350)
- Alibaba (My TP: 275-300; if Chinese GDP rebounds in Q2 then 400+)
- Bidu (My TP: 175-200; if Chinese GDP rebounds in Q2 then 250+)
- Twitter (My TP: 45)
- Facebook (My TP: 250-275)
- Apple (My TP: 375-400)
- Amazon (My TP: 2800-3200)
- Netflix (My TP: 425-450)
- Google (My TP: 1600+)
Of those listed above, Tesla, Nvidia, Apple and Amazon all have posted historic earnings; Netflix and Google posted decent earnings; Alibaba and Bidu continue to be remarkably undervalued given the current state of the virus, however, this will change by Q2 or Q3 of 2020; and Twitter and Facebook will likely rebound and show signs of strength as the year progresses.
In the long-run, Nvidia will be a dominant force in the AI market; BIDU and BABA will likely go on some sort of parabolic run to 3-4x their current stock value and Tesla will become a world dominant force in the EV and battery market. While normally 3:1 ETFs hold an inherent risk, given the diversification in this fund, one can capitalize on significant growth appreciation by investing into this ETF.
By the end of 2020 FNGU could and will likely triple in numerical value from current price (~100/share) buoyed ahead by decent earnings growth and likely the Fed lowering rates at-least twice in 2020.
An important technical note: once the SPX gets closer to 4000, investors should reduce their exposure to high risk ETFs as 4000 represents the peak of the longitudinal channel on EW theory. Investors should also reduce risk closer to late 2020 (October-ish) if the Democrats (particularly Bernie Sanders) have an elevated risk of winning the election based on polls.
- zSplit
BIDU KILLS MARKET GUIDANCE BY 100% TO 1.3-1.4 BN!! stock up 5%! U.S.-traded shares of Baidu Inc. BIDU, +4.44% surged in the extended session Friday after the Chinese Internet search company raised its outlook for the quarter. Baidu ADRs rallied 5% after hours, following a 1.7% decline to close the regular session at $123.56. The company said it expects adjusted fourth-quarter net income of $1.28 billion to $1.36 billion on revenue of $4.06 billion to $4.15 billion. Analysts surveyed by FactSet had forecast adjusted net income of $623.4 million on revenue of $4.02 billion. Baidu also said it was pushing its reporting date to Feb. 27 and extending its employees' Chinese New Year holiday and asking them to work from home because of "the evolving situation brought upon by the outbreak of the novel coronavirus."
BIDU ON SALES 50% ENJOY IT WHILE YOU CAN! for long term holding I love this Virus
If you are a multi year investor this is time to start buying this great company in the biggest market in the world for 50 % ATH
Dont worry about short term volatility or Events it will be forgotten soon
If you are afraid to load now just do it step by step with the fall so your average price down
BE READY FOR A BIG RISE IN BIDU WHEN TRADE DEAL SIGNED !!!!!This stock is an amazing company and still far away from all time highs
It was knocked down because of the trade war worries and it will be restore to these ATH when the deal is signed next week
So don't miss it this is probably the lowest risk big tech stock to buy with BABA compared to US counterparts
China Internet ETF - Bull flagTechnical analysis
We tested resistance approximately at the $50 limit; and broke it on Thursday, January 2nd.
Now this resistance has become out short-term support.
A bull flag is forming today, as a continuation of the bull pattern.
Top 10 Portfolio holdings
Name - Symbol - % of ETF assets
Meituan Dianping - 03690 - 10.43%
Alibaba - BABA - 10.19%
Tencent Holdings - 00700 - 8.83%
Baidu - BIDU - 7.46%
JD.com - JD - 6.58%
Pinduoduo - PDD - 6.56%
Tal Education Group - TAL - 4.27%
NetEase Inc - NTES - 4.21%
Trip.com - TCOM - 3.45%
58.com - WUBA - 3.36%
Top 10 holdings % total = 65.36%
Market cap weighings = 65% giant cap / 25% large cap / 10% medium cap
Strong-Buy for Baidu– ADX super-bullish
– MACD bullish
– RSI perfect
Baidu set to extend its run with a tilted reversed head-n-shoulders (completed). Quick wick to 124.50 (weekly low) before the run possible. Risk-free strong-buy if a 'weekly' candle closes above 129.16. New target 158 with highs of 161. Sell risk-free at 145, or wait for high by mid to end of January. Enjoy.