GBA's "2021 Stock Phantasma"

Why have they left Van....

Bad News For VUZI!

View smart glass selected for use by Walmart, $26M purchase 07:20 VIEW, WMT View (VIEW) announced one…

I do not know this company but I know $26M is a LARGE PURCHASE-!

Possible Gummy Here! VIEW-
 
WRAP Reports First Quarter 2021 Results Growing U.S. and International Demand Drives Solid 123% Year-Over-Year Revenue Growth to $1.5 Million TEMPE, Arizona, April 29, 2021 -- Wrap Technologies, Inc. (the "Company" or "WRAP") (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, today announced results for its first quarter ended March 31, 2021 (“1Q21”). First Quarter 2021 Highlights • Net revenues grew 123% to $1.5 million • Gross margin of 39%, similar to 1Q20, up from 33% in 4Q20 • Trained agencies increased 222% over prior-year quarter, to 628 • Certified officer instructors increased 172% over prior-year quarter, to 1,961 • President Tom Smith appointed CEO • WRAP Reality immersive training platform gaining momentum – signed new five-year training subscription agreement.... Van are you listening....
 
stonedinvestor said:
Weird Day Nothing Moving. Aliens returning? Cue The Commercial. I am making the dreaded Friday commute to Ct later.-

Will touch base from there.
More...
Nothing's moving?
It's red across the board and yet all the major airlines are up over 1%.

What I tell you yesterday Stoney.... ?

It's called sector rotation.

Happening right now in front of your eyes.
Gotta follow the big money Stoney.
They've got another 5% easy.
 
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vanzandt said:
Its volatile af. It could be $82 tomorrow and $69 on Monday lol.

But yeah the last 7 sessions have had higher lows and higher highs.

I think earnings are on May 10th.
This is not a stock for the feeble-hearted at this point in the game. Its only been trading since early March. And make no mistake, its being priced to perfection here. I do think it will set a new high before earnings though. At some point.
This could pull a LMND or an UPST easy. IE take off like a rocket from here. But if tech sells off, this one will lead the charge down too.
More...

It sure is. Jumps in 10 cent increments. It remained in the channel and I am back in at $74.30. Doubt I hold it over the weekend. Earnings are 5/10 aftermarket. I also got back into WRAP at $5.79 on the morning dip.
 
What Up Everyone HUGE WEEK ALIEN INFO TO BE RELEASED********

WHERE DO WE GO FROM HERE-!

  • Economic data for the week underlined the strength of the recovery.
  • The April Chicago PMI hit the highest level since 1983.
  • Jobless claims dipped and Michigan sentiment showed a record share of respondents expecting the unemployment rate to decline.
  • And while Q1 GDP came in a little below forecasts, its tilt towards spending on goods leaves a lot of room for a rebound in services expected to drive Q2 growth even higher.
  • That's all buoying investor sentiment that is historically high.
  • The Citi Panic/Euphoria sentiment measure ticked up to 1.22 from an upwardly revised 1.17 the week before, near the peaks of positive sentiment seen during the dot-com bubble (euphoria is anything above 0.38).


  • Levels that high historically signal a 100% probability of down markets in the next 12 months.
  • But the gauge has been above 1 and flashing warning signals since November and the market has proved resilient, continuing to set all-time highs and leaving investors to wonder what might signal an inflection point in sentiment.
  • Cannacord's Tony Dwyer, who recently moved to neutral on the market, predicting a "power-on stall," thinks a clue came during Federal Reserve Chairman Jay Powell's press conference - but not from Powell's answers.
  • "The change we noted from yesterday’s Fed conference was from the tone and direction of the questions being asked," Dwyer wrote in a note.
  • "The economic reporters almost seemed incredulous the Fed’s policy remains in crisis mode given the strong trend in economic releases, extraordinary level of vaccinations, and performance in the capital markets," Dwyer added. "Strong economic news thus far has been seen as very positive despite the rise in rates, but the tone change on potential inflation and even more robust growth may begin to weigh on sentiment vs. reinforcing it."
  • "Our idea of a 'Power-on Stall' in the market is not based on disappointing or poor data, but is instead driven by historically positive monetary policy, fiscal stimulus, and economic growth that is already reflected in the markets as seen through the intermediate-term overbought/optimistic condition," Dwyer said.
  • A stall, or a correction, could be the pause that refreshes for an S&P bumping up against 4,200.
  • Less euphoria is "healthy" and shows liquidity is not a one-way trade and that fundamentals still matter, Barclays strategist Emmanuel Cau wrote.
  • History suggest a 10% drawdown from here, Citi's Tobias Levkovich wrote.
  • "We stress that we do not envision a bear market, barring exogenous shocks, but the risk/reward ratio seems unfavorable," he said.
  • Levkovich has a year-end S&P target of 3,800.
  • The average year-end S&P price target among 15 top Wall Street strategists is 4,145, a little more than 35 points above Friday's close.
RISK REWARD IS TILTED TOWARDS RISK.

GOOD NEWS ECONOMICALLY WILL NOW = BAD NEWS FOR STOCKS...
 
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