$D-Wave Quantum (QBTS.US)$ Hopefully we should see 8-8.91!! as curve has turned up to try 2nd overbought condition. Lets see!! Quarter results should be good!!
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Currently still oversold. Maybe the afternoon will be different
$D-Wave Quantum (QBTS.US)$ - YouTube Really good commentary from Schwab today. KG on the left is the more sensible fact based commentator compared to Kevin Hincks on the right. I reckon that Powell will not want to rock the boat tomorrow like he did the last time he spoke publicly. He might have been under attack by Trump at that time and probably wanted to demonstrate to Trump that he wasn't the only one who could move markets. Essentially...
$D-Wave Quantum (QBTS.US)$ A lot. First, it moved off the low of ~557 this morning to hold at around 560-561 which is an extremely important level of support. It then went up to test ~563 and came back down to bounce off ~560. If it holds at 560-562 at the close, expect a good day tomorrow and for QBTS to close at ~7 or a bit more, which will be very positive for tomorrow. At the moment, there seems to be a lot of shorts of QBTS just below 7.1. Every time it tries ...
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Fortunately no major negatives with the 10YR auction. You can download the auction document here if you're interested. Today's Auction Results — TreasuryDirect
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Market close update: QBTS has gone up past the support level of 7.2 to close at 7.23. SPY closed at ~559 with *BIG* red candles close to 4pm (it looks more like a 'desperation move' than a trending move by the algos to reset the SPY level to an "at the cusp of either up or down" before the FOMC announcements tomorrow). Importantly, the 10 and 30YR treasury yields have dropped significantly to below the levels at the start of trading today. These are all very good signs for strong price action tomorrow pre earnings. Here's hoping the kind and good Powell turns up tomorrow.
Navkgp
OP72654156
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results should be better but lets see!! This drop is by institutions as many calls are purchased so they need to buy shares at lower price to make lesser loss or still make profit when market goes up. As still 8.5-9 should be expected but lets see
Navkgp
OPHH1000
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next quarter they have more customers onboard. The free quantum leap trial should atleast bring 5-10% of the customers from trial and quatum is really benefiting them. But all these are analysis we need to wait for the results!
$D-Wave Quantum (QBTS.US)$ Risk off indicators have now switched on after the snap in the 9 consecutive days of green in the SPX yesterday. Gold is up, Silver is up, 30YR is up by quite a lot, VIX has gone back up, BTC (which has a tendency to front run the SPX) is down, and the USD is also down quite a lot vs other currencies. The market appears to be at another juncture which can go one way or the other this week. There's a 10YR auction today May 6 (1300hr...
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