Solid 30% profit on $TSLA aug $315 short calls I sold to open at $5.75 against my longer term long calls.. always a nice way to lock in a gap up opening to look for mean reversion $2000 profit in 5 hours.
China is targeting chipmakers as it continues to work on replacing foreign technology with homegrown solutions. Financial Times report, China has introduced new guidelines seeing foreign microprocessors phased out of government hardware. Got to have a sense of crisis. $AMD $NVDA
Tim Cook recent trip to China is a sign that $AAPL may be doubling down" on the market, Wedbush said, while maintaining an Outperform rating and $250 price target on Apple.
This summer, Olympic track and field champions for the first time in history will take home more than gold medals — they’ll also pocket a $50,000 cash prize
Corrections after rises are the necessary part of any rally.
Otherwise the rally becomes a bubble and believe me, you don't want to experience that.
Of course, it's also abnormal for a profitable company like
#Nvidia
to correct it in this way.
$722 is enough for correction
Taiwan Semiconductor $TSM, the world's largest contract chip manufacturer, just reported Q1 revenue of ~$18.29 billion, up 16.5% Y/Y, thanks to strong demand for high-end chips used in AI applications.
Tuesday Key Notes & Observations! As always — watch how they close the week: • Equity rotation continues — additional BIG signals discussed recently are now triggering as we progress through the week. Friday’s close will be critical — as always, watch how they close the week.
After much consideration, I've made the difficult decision to remove the Advanced SPX Options Visualizer from the Bookmap marketplace.
I love their software and the team over there, but a 27% commission and a contract that is very, very one-sided led me to head towards the exit.
One of Wall Street’s last prominent bears has just capitulated and turned positive on the outlook for US stocks. Morgan Stanley’s Michael Wilson now sees the S&P 500 rising 2% by June 2025, a major about turn from his view that the benchmark will tumble 15% by Dec.
The most powerful leading indicators we have found for U.S
#stocks
over the medium-term horizon are the net percentage of 39 OECD countries with rising leading economic indices (LEI's) and the net percentage of 39 central banks that are easing
The economy could be heading toward 1970s-style stagflation. What it means for the stock market.
Roaring Kitty rides again: GameStop’s meme-stock rally shows ‘gamification’ may be back.
A recession could trigger a U.S. debt crisis, Wall Street economists warn.
🎉 Big news!
The Annual TraderLion Trading Conference is back, bigger and better than ever!
🗓️ Join us on July 21-22 & July 27-28 for expert insights from legendary traders like Stan Weinstein, Mark Minervini, and Ross Haber.
Full list & details:
Why invest in international stocks?
Here's what you didn't know...
When US stock returns were less than 6%, international stocks outperformed 96% of the time.
When US stock returns were less than 4%, international stocks outperformed 100% of the time.
I bought $AMD at $60. I bought $NVDA a pull back to $760. I bought $TSM at $85 amid invasion fears. I have very low cost bases in very expensive stocks. I can afford to hold through downturns. How did I do that? Buy quality when everybody escapes in fear. Simple.
#Bharti
Hexacom IPO received positive response from investors through three-day subscription period, with QIBs dominating. Listing date set for April 12, shares to be credited to demat accounts on April 11. GMP stands at +98, signaling strong investor interest;)
The stock market is one place that attracts as well as scares investors, especially the first timers. There are two schools of thought when it comes to the market, some believe it will make you rich quickly while others think that you will lose everything in it.
An AI deal between Apple Inc. and OpenAI could bring “myriad” revenue opportunities to the tech giant by bringing ChatGPT to the iPhone, according to a popular analyst.
All eyes are on Nvidia this week: Nvidia, $NVDA, earnings alone drove 42% and 37% of the S&P 500 year-over-year EPS growth in Q3 and Q4 2023. The company also accounted for 11% of the entire S&P 500's return over the last 12 months.
A great long term US stock to buy and hold in my opinion.
Toromont Industries, otherwise known as Toromont CAT, deals and services heavy equipment and machinery such as Caterpillar
Massive Spot For $AMZN
Amazon also announced that Amazon Prime Members are up 8%
Why would they announce this pre earnings unless they are anticipating a beat?