$D-Wave Quantum (QBTS.US)$ 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...
$D-Wave Quantum (QBTS.US)$ The SPY is actually quite strong. It's clear that institutional investors do not want it to go below 561-562. It's actually trying to target 570 (roughly the 200 SMA). This is a good sign as the market is forming structure for a further push upwards later in the week. Please note that whilst nearly all the megacaps have reported, it's still a very significant earnings week. QBTS like many high beta stocks are in a holding pattern. Anything unde...
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BTW, don't hold out for a Powell rate cut announcement this Wed. It's highly unlikely that that will happen due to the PCE and jobs data. Plus he does NOT want to kick off stagflation.
$D-Wave Quantum (QBTS.US)$com/m/491d61ae-... D-Wave is expected to report a loss of 4 cents per share, improving from a 10-cent loss a year earlier. D-Wave revenue in Q1 is expected to pop 325% to $10.5 million!!
Navkgp
OP105475515
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earnings should be good and any news on gate technology progress will boost!! Surely new customers should have added during quantum leap program also!!
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D-Wave Quantum Stock Discussion
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...
The SPY is actually quite strong. It's clear that institutional investors do not want it to go below 561-562. It's actually trying to target 570 (roughly the 200 SMA). This is a good sign as the market is forming structure for a further push upwards later in the week. Please note that whilst nearly all the megacaps have reported, it's still a very significant earnings week.
QBTS like many high beta stocks are in a holding pattern. Anything unde...
D-Wave is expected to report a loss of 4 cents per share, improving from a 10-cent loss a year earlier. D-Wave revenue in Q1 is expected to pop 325% to $10.5 million!!
curve has turned upward i hope quarter results should trigger the 2nd overbought so we should see upper price!!
Lets hold!!
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