Oil added 1$ as we anticipated but this is not all, what we check is what we bring and we have already a glimpse of data to next week's EIA. right now AMC and Gamestop have investors fight and as we were right yesterday when we were 89% succeed we will tell you what we know and when who is the stronger fight ends? and what happened in the tech!
Tech on its highest point and today another big tech company score it, it one of our favorites int google or as now they call themselves alphabet, yes they did great (6$ beat) but from here the way is only down (we give them 1 month to enjoy more) as they also considered home stock, Google succeded because there cloud new business and this is all because of great use of homework and home shopping, now while the coronavirus will be out in 2 months we will see a bit less home internet shopping and internet data as people will get out.
Now for the big data we see next week 2-3MB OIL DROP because we can see how much volume transferred in the stock market (this is simple data given to everybody) of course, we cannot promise but we see transfers of more than 416k a day when it was 3.6 drop it was ~500k and when it was built (inventories) it was ~360k, previous wee it was a little less than this so do you now understand us? another fact its the cold weather and when its cold we use AC'S so we burn a lot of oil so next report will be another 2.4 MB drop in inventories, don't forget the Smart OPEC + people who brought oil price to that day and now we know we was right in all of our predictions so this is another one. (we do not take any obligation and this is only with data we combine). We notice right now already oil finish 1 Year High (even before pandemics), think about what comes after? maybe 80$.
What is this battle in AMC and GameStop? just like in bitcoin battle just to show who got more money? yes so it seems like that (we already exit AMC in 16 when we bought 2.8$, you can see in 8 posts ago) but till April we still can't see cinemas back! so they just will burn money and the real price is 6-8$. GameStop is just another party right now is afterparty so be careful with the headache in the morning.
I think we have to explain what happens with Gamestop in the new article and I tell to get out its war of people who love to do short positions and who hate them like young people ->Elon Musk one of them! they 3 times put against his stock, so the Big billionaires lost to common people and Robinhood won and lost together and this we will explain in another article.
Guys what we told about Tesla is right, some times to give the wheel to a man that is too strong and without a strong board, you can burn another space shouttell and burn the next one in one week away be careful if they do not tell in SpaceX they will check problems in new Shuttle and check it four times I ask where is Musks Management or you just want to burn billions on space shuttles? I think further to SpaceX casualties too much power too quickly.
Another stock we like is Intel yes we notice it also beat by 42 cents and we see maybe still hope for this old stock while the new CEO maybe break its 5-7 nm chip problems (15 years ago they promise already 4 nm), let's see if the beast will return and also enter smartphone world, notice it hadn't surge in the false Corona-virus tech bubble- so it have a place to go.