ThomasTuanNguyen

ThomasTuanNguyen

CVNA benefitted from the huge increase in demand we saw for cars during the pandemic, however they have struggled to find their footing since. The company is managed poorly, and has missed earnings almost every quarter since then. Additionally the companies spending has pushed their book value into the negative. They are currently preparing to collateralize...

ThomasTuanNguyen Updated 

I am seeing a swing trade opportunity on the daily MACD setting up to reverse into positive momentum. Look for YANG to cross by this Friday or early next week and carry the momentum out for maybe a week. Daily support is about $12.34, watch this resistance zone carefully, if YANG breaks through could potentially melt up quite a bit, next resistance zone is not...

ThomasTuanNguyen Updated 

This is a play on the daily momentum that leads into an earnings run up on $COIN. Daily momentum is setting up to reverse to the buy side, with earnings roughly a month away, I believe we will see NASDAQ:COIN ride the recent crypto hype into into a run up before earnings. Contrasted against RSI we also see a sharp rise the last few days, supporting a push to...

ThomasTuanNguyen Updated 

NVDA has been tremendously overpriced for some time, trading as high as 40x book value at some points. I believe that this is unsustainable and that we will see this stock waterfall to below $50.00 again. There has been a 20.7% drop in chip demand year-over-year, and a 4% drop month-to-month in February. www.semiconductors.org To contrast, AMD has roughly...

ThomasTuanNguyen

In spite of CCL's near term revival, I believe that it is still a long term short. Look at the next few quarters as an opportunity to grab short positions for a discount. Recession pressures will dampen earnings and the increasing cost of crude oil will deal a serious blow to CCL as it has done previously. Personally I am looking to open a short position end...

ThomasTuanNguyen

There is still plenty of downside on XLRE. Interest rates are going to continue to drive demand down, combined with recession pressures and supply chain issues, the long term outlook on home is a huge crash and affordability issues in most major cities. Even if rates return to an amicable percentage, inflation and supply chain issues will push new homes up...

ThomasTuanNguyen

This is a pretty basic business cycle play, folks gamble less when we're in a recession. That combined with DKNG's spending, will have their balance sheets really contracting moving forward. I think over the next year, we could easily see this stock under $10.00 Obviously keep your eye on this as well when the economy begins to recover!

ThomasTuanNguyen

Now is a good time to load up on SCO. I think over the next couple of weeks it could drop 10% to 15% before really shooting up. October and November will be a big month gas and oil. OPAC has decidedly decreased their daily oil production by 100k barrels a day, and the U.S. has been artificially suppressing the cost of oil by digging into their emergency...

ThomasTuanNguyen Updated 

Industry that has struggled to recover since the pandemic, and has continued to extend those struggles afterwards to post tremendous loses. They sell an inelastic good, in an industry that can be severely affected by oil and gas prices. I believe they will continue to post poor earning, and look at any bullishness in the stock, as a sign to build a bigger short...

ThomasTuanNguyen

Hey everyone, I believe SOFI will pull back in the coming week or two. Reverse-stock splits are typically bad news, so the fact that SOFI pumped today on the momentum of this announcement appears to be an opportunity for an easy scalp. Puts with at least a 7/29 expiration or shorting the stock would be an excellent way to take advantage of this. Expectations...

ThomasTuanNguyen

Closed 6/23/22 roughly 40% oversold. Shares will likely continue to be a bit green in the morning of 6/24/22 and then pull back. Watch for the opportunity to scalp on the down side, either with shorting or puts. Not something you would want to buy and hold, long-term outlook for MMAT is a bit unknown in my opinion, this should be a day trade or maybe a 1 or 2 day...

ThomasTuanNguyen

Shares are looking oversold, gearing up for a pull-back. Excellent opportunity for a quick scalp off the swing. Watch closely, not a buy and hold, probably a day trade. Look for momentum to reverse for another potential scalp on the upside.

ThomasTuanNguyen

Hi everyone, with the volatility we've seen in the energy sector, I think straddle can provide an excellent tool exploiting some of that unpredictability. Premiums on some ETFs and energy stocks can be pretty harsh, I would wait for a flat trading day and try to take advantage of the discounted option premiums to straddle. Be weary of the theta on these, if you're...

ThomasTuanNguyen

Lockup period expires 6/7/22. Shares down 50% since IPO. With neutral sentiment, I think we should expect to see some portion the locked up 289,150,555 shares being dumped. Not looking at huge gap down, average trading volume ~50mil, but I believe with recession scares and $NU not being able to report positive net income on their last couple of quarterly reports,...

ThomasTuanNguyen

Little to no news, increasing net revenue losses year-over-year and tremendously spike in short-interest, now would be a good time to short. Between the earnings call and expiring IPO lockup, NRSN leaning towards a dramatic drop.

ThomasTuanNguyen

Long-term outlook for semiconductors are always bullish, however, near/short-term we've seen a lot of volatility from ETF's like $SOXL. Recommending a near-term straddle. I like the spread on something like the May 20th call @ $23, and May 20th put @ $23.50. Given that beta is ~3.7 and market sentiment continues to remain mixed, I think this is a great way to...

ThomasTuanNguyen

Near-term increased in USD buying power and increasing interest rates suggest a reversal in inflation coming soon. With the inverse relationship that commodities like gold share I would expect mid to long term outlook to be anti-gold. Keeping in mind there are some market risks associated with this play. Recession potential can push out timeline or entry point....