To The Moon

So far in 2024, Tesla $Tesla Motors(TSLA)$ stock has retreated about 30%, but has recently reclaimed its 10-week line and 50-day moving average. Musk and Tesla have been stepping up rhetoric about full self-driving and AI in recent weeks. That messaging was on full display during the company's first-quarter earnings call. Tesla and Elon Musk Outlook In a bid to revive his company's fortunes in China, Tesla chief executive officer Elon Musk made a surprise visit to Beijing in late April, receiving in-principle approval from government officials to deploy its driver-assistance system in the country. Rolling out the technology in China would dramatically increase its subscription revenues, as well as helping it differentiate its cars

In my previous article analyzing Nvidia (NVDA), I calculated the $2 billion trader's breakeven point to be around $1,120. So what would happen if the stock price surpassed $1,120?On Tuesday at 12:41 pm, Nvidia's stock price rallied to $1,131.09. At this point, a large block trade occurred with 7,700 contracts of the $NVDA 20240920 950.0 CALL$ being sold to close the position.It's widely known that the $2 billion trader bought 37,700 contracts this past Friday. With the open interest now reduced to 32,300 contracts, we can deduce that this 7,700 contract trade was the $2 billion trader taking profits.Calculating with the $165.70 entry cost, the 7,700 call options were purchased for $128 million on Friday. Closing at $234

On the 22 May 2024 interview with Yahoo Finance, $NVIDIA Corp(NVDA)$ CEO Mr Jensen Huang offered strong praise for $Tesla Motors(TSLA)$ advancements in self-driving technology, even as other automakers ramp up their own autonomous driving efforts. To paraphrase - "Tesla is far ahead in self-driving cars," Huang remarked, acknowledging Tesla's significant head start in the field. (see below) However, he also supplemented that autonomous capabilities will eventually become standard in all vehicles. Huang's comments is pivotal for Tesla, as the company faces: Scrutiny. Increasing competition. …relating to its Full Self-Driving (FSD) technology that has just been rebranded to underscore “the need for drive

Investors turned defensive as worries over the Fed's rate path timing and magnitude pushed Treasury yields higher, pressuring large-cap stocks.Options flows showed SPY at an inflection point, with either a 9.4% rally priced in by July expiry or a 5.6% drop expected by August. QQQ had at least 0.7% further upside priced in by June 14. For small-caps, upside appeared capped with expectations for IWM's rally staying below 5.1% by mid-June.Details:The S&P 500 ETF (SPY) saw open call interest rise 1.4% over the past 5 days. Open put contracts increased 1.2% over the same period.For call options, investors bought the most $SPY 20240719 580.0 CALL$ with a 580 strike, adding 46,000 contracts. This implies around 9.4% further

In my previous article analyzing Nvidia (NVDA), I calculated the $2 billion trader's breakeven point to be around $1,120. So what would happen if the stock price surpassed $1,120?On Tuesday at 12:41 pm, Nvidia's stock price rallied to $1,131.09. At this point, a large block trade occurred with 7,700 contracts of the $NVDA 20240920 950.0 CALL$ being sold to close the position.It's widely known that the $2 billion trader bought 37,700 contracts this past Friday. With the open interest now reduced to 32,300 contracts, we can deduce that this 7,700 contract trade was the $2 billion trader taking profits.Calculating with the $165.70 entry cost, the 7,700 call options were purchased for $128 million on Friday. Closing at $234

On the 22 May 2024 interview with Yahoo Finance, $NVIDIA Corp(NVDA)$ CEO Mr Jensen Huang offered strong praise for $Tesla Motors(TSLA)$ advancements in self-driving technology, even as other automakers ramp up their own autonomous driving efforts. To paraphrase - "Tesla is far ahead in self-driving cars," Huang remarked, acknowledging Tesla's significant head start in the field. (see below) However, he also supplemented that autonomous capabilities will eventually become standard in all vehicles. Huang's comments is pivotal for Tesla, as the company faces: Scrutiny. Increasing competition. …relating to its Full Self-Driving (FSD) technology that has just been rebranded to underscore “the need for drive

$GameStop(GME)$ :Verifies an Old Saying: The Craftiest Hunters Disguise Themselves as PreyThe Moment to HuntToday, I saw a comment under GME that someone's out-of-the-money call that they sold got assigned. This unconventional assignment made me smell the scent of the old whales again.This friend discovered a new short stock position in their account, which turned out to be from the $19.5 strike call they sold last week getting assigned.Interestingly, on May 24th, GME closed at $19.00, making those $19.5 calls out-of-the-money. But the stock price got dragged up to $23.4 after-hours, rendering those calls in-the-money based on after-hours pricing.This leads us to conclude: Someone conducted a massive exercise of calls during the after-hours ramp up

The higher a stock's price goes, the more expensive it gets. Right? Well, not always. A year ago, when $NVIDIA Corp(NVDA)$ was selling at $277, its earnings per share was $0.82 and its P/E ratio was 147x Today,NVDA's share price is up +284% to $1,064.... BUT... Its earnings per share is up +629% to $5.98. Its P/E has fallen to 62x... forward P/E is now at 30x So, NVDA is CHEAPER today than it was a year ago. Investors who say that NVDA is a bubble have no idea what they are talking about.Image

In recent times, there's been a growing chorus calling for the abolition of the Federal Reserve. This movement, which questions the central bank's role in managing the U.S. economy, has gained traction and includes some high-profile supporters. However, the topic of abolishing the Federal Reserve can only be a dream of investors and cannot come true.Below are a look at the key arguments and the notable figures leading the charge.Key Arguments for Abolishing the Fed:Critics argue that the Fed's policies lead to inflation and economic instability.There's a push for a return to the gold standard, which these critics believe would provide more stable currency value.Some advocate for a free market in banking, without centralized control.Notable Figures:Ron Paul - A former Congressman and well-k

$GameStop(GME)$ :Verifies an Old Saying: The Craftiest Hunters Disguise Themselves as PreyThe Moment to HuntToday, I saw a comment under GME that someone's out-of-the-money call that they sold got assigned. This unconventional assignment made me smell the scent of the old whales again.This friend discovered a new short stock position in their account, which turned out to be from the $19.5 strike call they sold last week getting assigned.Interestingly, on May 24th, GME closed at $19.00, making those $19.5 calls out-of-the-money. But the stock price got dragged up to $23.4 after-hours, rendering those calls in-the-money based on after-hours pricing.This leads us to conclude: Someone conducted a massive exercise of calls during the after-hours ramp up