SOFI STOCK PRICE PREDICATIONS | FOR JULY 5TH

Summary

The video discusses stock price predictions for Palente Tier, noting a potentially volatile week ahead due to Fed minutes and unemployment data. Sofi's stock has been flat, affected by Jim Kramer's negative stance and upcoming earnings release on July 30th. Analysts expect a possible rise to $8 if earnings are strong. Whale activity suggests bullish sentiment, with active put selling and mixed call buying. Technical analysis of Sofi's chart indicates key support and resistance levels, with the potential for upward movement if support holds.

Takeaways

• 📈 Stock price predictions for Palente Tier are expected to be volatile due to the release of FED minutes and unemployment data.
• 📊 Sofi's stock has been flat and slightly lower than expected by analysts and investors over the last few weeks.
• 🗣️ Jim Kramer has publicly stated his disapproval of Sofi, which could influence market sentiment.
• 📅 Sofi is scheduled to release their latest earnings on July 30th, which may impact the stock price if the numbers are strong.
• 💰 If Sofi's earnings and forward guidance are positive, the stock price could rise significantly, potentially over $7 or closer to $8.
• 📊 Historically, there's been a hype and price run-up before earnings, followed by a selloff even if the earnings were good.
• ⏲️ Traders are advised to be cautious, especially if they are short-term and not using dollar-cost averaging, with a focus on using stop-loss orders to minimize losses.
• 🐳 Unusual whale activity has been observed, with active selling of puts, suggesting bullish sentiment and expectations that Sofi's price won't fall below certain levels.
• 📊 On the call side, there's a mixed sentiment with some selling calls, indicating a bearish view that Sofi won't rise above $8 by July 26.
• 📉 If the market opens and Sofi is rejected at $6.49, support levels to watch are $6.62, $6.75, and $6.85 for potential upward movement.
• 📈 Conversely, if the price falls below $6.43, further support levels to watch are $6.40 and $6.30 for potential downward movement.

Q & A

What is the overall market sentiment towards Palantir and Sofi for July 5th?

The market is expected to be volatile due to the release of the FED minutes and unemployment data. Palantir is expected to experience significant movement, while Sofi has been relatively flat but has potential for upside movement.

Why is July 5th considered a potentially volatile day for the stock market?

July 5th is considered volatile because it follows a holiday and coincides with the release of the FED minutes, which can significantly influence market sentiment.

How has Sofi's stock performance been described in the last couple of weeks?

Sofi's stock has been relatively flat and has slightly underperformed compared to analysts' expectations.

What is Jim Kramer's opinion on Sofi, and what impact might this have?

Jim Kramer has expressed a negative opinion on Sofi, which might influence investor sentiment and potentially contribute to the stock's lackluster performance.

What is significant about July 30th for Sofi?

July 30th is significant for Sofi because it is scheduled to release its latest earnings report. Positive earnings and forward guidance could drive the stock price higher.

What strategy should short-term investors consider for trading Sofi around its earnings release?

Short-term investors should consider using stop-loss orders or other risk management tools to protect against potential losses, especially given the possibility of volatility around the earnings release.

What does the unusual activity on the put side indicate about investor sentiment towards Sofi?

The unusual activity on the put side, including active selling of puts, indicates a bullish sentiment, suggesting that investors believe Sofi will not fall below certain price levels by specific dates.

What are the key price levels to watch for Sofi by July 5th and October 2024?

Investors are betting that Sofi will not be below $6.50 by July 5th and not below $6 by October 2024.

What does the call side activity suggest about Sofi's potential price movement?

The call side activity presents a mixed sentiment. Some investors are bearish, selling calls at $8, indicating they do not expect the price to rise above that level by July 26. Others are less bearish, selling calls at $7.50 by August 2.

What price levels are critical for Sofi to maintain or exceed for a bullish trend by the end of the week?

For a bullish trend, Sofi needs to find support at $6.62 and potentially move up to $6.75 and then $6.85.

What are the potential downside levels for Sofi if the market opens negatively?

If Sofi faces a negative market opening and is rejected at $6.49, it could test $6.43, and failing that, it might drop to $6.30.

How should investors approach Sofi's stock in light of the upcoming earnings and market conditions?

Investors should closely monitor key support and resistance levels, consider the implications of the upcoming earnings report, and use appropriate risk management strategies to navigate potential volatility.

Outlines

00:00

📈 Stock Predictions Amidst Market Volatility and Earnings Anticipation

The script discusses upcoming stock price predictions for Palente Tier, noting the market's potential volatility due to the release of the FED minutes and unemployment data. It mentions the flat performance of SOFI stock, influenced by Jim Cramer's negative comments and the anticipation of their earnings report on July 30th. The speaker suggests that strong earnings and forward guidance could boost the stock price above $7, possibly to $8. They also caution about the risks of short-term trading and the importance of using stop-loss orders. Whale activity analysis indicates bullish moves with active selling of puts, suggesting investors believe SOFI will not fall below certain price points by specific dates.

05:01

📊 Analyzing SOFI's Stock Movement and Key Support Levels

The second paragraph delves into potential stock movements for SOFI, providing specific price levels to watch. The speaker outlines a bullish scenario where the stock could rise to $6.75 and then $6.85 if it finds support at $6.62. Conversely, if the stock fails to hold at $6.49, it could drop to $6.43 and potentially to $6.30. The speaker invites viewers to share their thoughts on the stock's future performance, emphasizing the importance of earnings and forward guidance. They conclude by encouraging viewers to like, share, and subscribe for more financial insights.

Keywords

💡Stock Price Predictions

Stock price predictions refer to the anticipated future values of a company's shares in the stock market. In the script, the speaker discusses predictions for Palente Tier's stock prices, indicating that they are expected to be volatile due to upcoming events like the release of FED minutes and unemployment figures.

💡FED Minutes

FED minutes are the written records of the Federal Reserve's policy meetings, which provide insights into the central bank's views on the economy and monetary policy. The script mentions that the release of these minutes may cause market volatility and affect stock prices, including those of Palente Tier.

💡Volatility

Volatility in the context of finance refers to the degree of variation of a trading price series over time. The script suggests that the stock market, and by extension Palente Tier's stock, is expected to be highly volatile due to a combination of factors including economic reports and market sentiment.

💡Unemployment

Unemployment data is a key economic indicator that reflects the percentage of the workforce that is jobless and seeking employment. In the script, unemployment figures are mentioned as one of the factors that could influence market movements and, consequently, stock prices.

💡Sofi

Sofi is a company mentioned in the script, which seems to be experiencing a period of flat stock performance. The speaker discusses various factors affecting Sofi's stock, including analyst and investor expectations, and opinions from financial personalities like Jim Cramer.

💡Earnings Release

An earnings release is a report issued by a publicly traded company that discloses its financial performance over a given period. The script anticipates a July 30th earnings release for Sofi, which could potentially influence the stock's price if the numbers are strong.

💡Hype

In the context of the stock market, hype refers to a heightened level of interest or excitement that can precede significant events, such as an earnings release. The script suggests that there might be a 'hype' period before Sofi's earnings release, which could lead to a temporary increase in the stock price.

💡Stop Loss

A stop loss is an order placed with a broker to sell a security when it reaches a certain price. The script advises investors to use stop loss orders to minimize potential losses, especially for those who are short-term trading Sofi's stock.

💡Whales

In finance, 'whales' refer to large-scale investors or institutions that can significantly influence the market with their trades. The script discusses unusual whale activity, particularly in the options market, which may indicate bullish or bearish sentiments towards Sofi's stock.

💡Put Options

A put option is a financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a set price within a specified time. The script notes active selling of puts, which could suggest that investors expect the stock price to remain above a certain level.

💡Call Options

A call option is similar to a put option but gives the owner the right to buy the underlying security at a specified price. The script mentions mixed activity in call options, indicating a range of expectations about Sofi's future stock price.

💡Technical Analysis

Technical analysis is a method used in finance to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. The script uses technical analysis to predict potential support and resistance levels for Sofi's stock price.

Highlights

Stock price predictions for Palente Tier on July 5th are influenced by the holiday and upcoming Fed minutes.

Market volatility is expected due to the Fed minutes and unemployment data.

Sofi's stock has been flat and lower than expected by analysts and investors recently.

Jim Kramer's negative stance on Sofi and his reasons are mentioned.

Sofi's earnings release is scheduled for July 30th, with expectations for strong numbers and forward guidance.

A potential stock price increase to over $7 or closer to $8 is predicted if Sofi's earnings are strong.

Historical stock behavior suggests a hype and run-up before earnings, followed by a selloff if numbers are good.

Advice for short-term traders to use stop losses or brokerage tools to minimize losses.

Unusual whale activity is observed with active selling of puts, indicating a bullish move.

Investors are betting that Sofi's stock price will not fall below $6.50 by July 5th.

Long-term bets suggest Sofi will not be below $6 by October 2024, with any slight move up putting them in the money.

Mixed signals on the call side with some selling calls out to $8 by July 26, indicating a bearish view.

Call buyers are seen as out-of-the-money, putting less money up to make a profit on the upside.

The speaker is unsure of the market direction for Sofi, noting its flat and stagnant performance over recent weeks.

Technical analysis of Sofi's stock chart suggests potential support levels and price movements.

The speaker discusses potential resistance levels at $6.62, $6.75, and $6.85 for Sofi's stock.

If support at $6.49 is rejected, further downside to $6.43 and $6.30 is possible.

The speaker invites discussion on Sofi's earnings, the importance of guidance versus earnings, and future stock performance.

A call to action for viewers to like, share, subscribe, and comment on their thoughts about Sofi's future.

Transcripts

all right so here are your stock price

predictions for palente tier for July

5th now we are coming off a holiday okay

Thursday we were off uh which is today

uh tomorrow we're going to close out the

week probably in a very volatile way

because we have the FED minuts uh and

you know we have to decipher which way

the market is going to take that uh in

addition to

unemployment now alongside that uh Sofi

you know over the last couple of weeks

has been kind of flat um has gone a

little bit lower than a lot of um you

know analysts and investors would have

expected seen and then you have uh Jim

Kramer stating that he does not like

Sofi and you know he has his reasons now

in addition to that we are scheduled for

July 30th for uh sui to release their

latest earnings and hopefully if we have

some strong numbers as far as earnings

for share and grade forward guidance

then we can work our way uh well over $7

probably closer to $8 okay now usually a

week or so before with these stocks

there's some kind of hype and nice

little run up uh and the last time there

was a run up leading to earnings and

then after the earnings the numbers were

pretty good there was a selloff so uh if

you're going to be short timing uh with

SOI you're not long-term you're not

dollar cost average and just make sure

you you know you have a stop loss or

you're using your tools Associated uh to

your brokerage that will help you not

lose a lot of money okay now looking at

what's going on

[Music]

with the whals right the

unusual activity we can see on the put

side of the spectrum over the last three

days you can see that we've got some

active cells we've got some neutrals

neutrals I'm

assuming uh it's probably a straddle or

something like that is what I would

assume the neutrals are but overall

you're seeing a lot of active selling of

puts and essentially that is going to be

a bullish move so essentially you're

saying that so is not going to be below

a certain price by a certain date and so

at the bottom you can see uh investors

are saying so far is not going to be

below

$6.50 uh by July 5th which is tomorrow

and then you've got one up here that

says Sofi is not going to be uh below $6

by October of

2024 so for that one any slight move to

the upside is going to put that person

uh well into the money okay now looking

at the call side of the spectrum you can

see active buys um I would say it's a

mixed bag here so for the persons that

are a little bit bearish you can see

that they have a they're selling calls

out to 8 meaning that they don't foresee

uh

Sofi being above

$8 by July 26 which you can see here

which I would probably agree with that

but you never know and then you can see

another one says so far is not going to

be above

$750 by August the 2nd now looking at

the buy side of the

spectrum a lot of the buyers that I'm

saying look to be kind of out of the

money meaning they're putting up less

Mone um to try to make a profit to the

upside again so they're putting less

money up to make money going to the

upside so overall a mixed bag really

can't decipher the market really can't

decipher which way so far wants to go

and essentially that's why it's just

been pretty flat and stagnant over the

last couple of

weeks now as we look at the chart for

Sofi I'm going to bring it up for you

we're going to look at some potential

movement uh for the stock okay so I'm

GNA slide this up

here

and let's see so we are sitting at

$652 uh a lot of people have been

loading up on so far every time it goes

under about s $6.7 Cent but if we're

going to have a nice a nice end to the

week we're going to have to find a level

of support at

$662 if we can do that we can work our

way up to

$6.75 Cent and then the next leg up will

be 685 so I would suspect somewhere in

this area will be uh where we could

possibly end the week up if we're going

to go to the downside now if we are

going to go to the

downside you know the Market opens we

get rejected at 649 we're not able to

recapture that

we're going to test

643 if we can't hold 643 we're looking

at

$630 again okay now these are the levels

that I'm looking at let me know the

levels you're looking at what do you

think about so far going forward what do

you think the results are going to be as

it pertains to their earnings do you

think that for guidance is going to be

more important or earnings for share let

me know your thoughts I appreciate you

guys make sure you like share and

subscribe and wear out G guys peace