Luminar Technologies Stock Forum

The whole market was red except for the energy sector.
The sell off was triggered by the hotter than expected inflation numbers.
The market is now revising their expectations of the timeline and number of rate cutes. Currently, the odds of a rate cut in June is less than 20%. In case you don’t know, it was 60-70% about 2 months ago.
$Marathon Digital(MARA.US)$  $Financial Select Sector SPDR Fund(XLF.US)$$Crude Oil Futures(JUN4)(CLmain.US)$$Disney(DIS.US)$$Temasek Holdings(BK2536.US)$ ...

$Luminar Technologies(LAZR.US)$ 31% short float. Insanity!

$Luminar Technologies(LAZR.US)$ if you ask me, it seems like the battle is over. Short sellers bailed, daytraders kept the downtrend, and now we are where we are.
Consensus says TREND REVERSAL. Buy low,  sell high. I think we might still bottom out. maybe a new low. Then, as long as you're following, repeat. Does the price = worth

Major indexes bounced back after a mini sell off on Wednesday. This is what you will normally see in a bull market. Every decline is being deemed as a buying opportunity for investors who do not want to miss out on this bull rally.
This aside, investors probably shouldn’t get too spooked out by one hotter than expected inflation report. I mean the underlying trend for inflation is still down
$Arm Holdings(ARM.US)$$Coinbase(COIN.US)$$Palantir(PLTR.US)$  $Taiwan Semiconductor(TSM.US)$$Netflix(NFLX.US)$$Amazon(AMZN.US)$$Lyft Inc(LYFT.US)$$JPMorgan(JPM.US)$$Citigroup(C.US)$$Fullerton SGD Cash Fund(SG9999005961.MF)$$Enphase Energy(ENPH.US)$$GlobalFoundries(GFS.US)$$ARK Fintech Innovation ETF(ARKF.US)$$Luminar Technologies(LAZR.US)$

Don’t be surprised or get caught off guard if last month’s rally subsides a little this month, for 2 main reasons:
1. Market could have gotten ahead of themselves in terms of Powell’s dovish speech and potential rate cuts
2 Market doesn’t go up everyday and every week. As simple as that.
 $Arm Holdings(ARM.US)$  $Amazon(AMZN.US)$$Netflix(NFLX.US)$$CSOP USD Money Market Fund(SGXZ96797238.MF)$$Coinbase(COIN.US)$$Disney(DIS.US)$$Nike(NKE.US)$$Rivian Automotive(RIVN.US)$$Spotify Technology(SPOT.US)$$ARK Fintech Innovation ETF(ARKF.US)$$ARK Innovation ETF(ARKK.US)$$Tuttle Capital Short Innovation ETF(SARK.US)$$DraftKings(DKNG.US)$$Luminar Technologies(LAZR.US)$

Last Friday, Moody’s announced a change in the outlook of US debt from stable to negative after the market has closed. The reasons they gave were high budget deficits and political polarization. But they still affirmed their AAA rating.
How significant is this in terms of affecting the stock market? We will find out later when the market opens.
  $ProShares UltraPro Short S&P500 ETF(SPXU.US)$$SPDR Portfolio S&P 500 ETF(SPLG.US)$$Luminar Technologies(LAZR.US)$$Opendoor Technologies(OPEN.US)$  ...

$The Beachbody(BODY.US)$ $500m revenue Float valued at $40m
$Virgin Galactic(SPCE.US)$ $5m revenue Float valued at $668m
$Nikola(NKLA.US)$ $0m revenue Float valued at $790m
$Luminar Technologies(LAZR.US)$ $55m revenue Float valued at $1 billion