To The Moon

The S&P rose above the 5,100 mark, and Nvidia's market value rose above $2 trillion with the AI wave. International financial events this week include the U.S. presidential primary "Super Tuesday", February non-farm and unemployment rates, ISM non-manufacturing index and last week's unemployment benefits and other economic data. The Fed's Beige Book is due out this week, and the market is also focused on congressional testimony by Fed Chairman Jerome Powell and speeches by several Fed officials.The European Commission has announced a €1.8 billion fine against Apple for abusing its monopoly position by restricting music streaming competitors, including Spotify. Earlier, it was reported that Apple will release new products through the official website press release this week. Large put b

The delivery data of new energy vehicles for February came out, and the situation is not good!Take $BYD Co., Ltd.(BYDDF)$ $BYD COMPANY(01211)$ , the king of new energy vehicles, for example. Sales in February were 122,311 units, a whopping 36.8% drop year-on-year. Considering that February is the Spring Festival holiday, and the Spring Festival in 2023 is in January, therefore, the month-on-month data can't truly reflect business performance. It's more reasonable to look at the January-February situation.Unfortunately, BYD's total sales for January-February this year were 323,800 units, a year-on-year decline of 6.1%.Combined with BYD's recent significant price cuts, it's not difficult to see that the s

Hello everyone! Today I want to share some option strategies with you!1.There is no "us" versus "them" when it comes to option-sellers and option-buyers. We are all part of the broader and larger optionsTrading community. We decide to take opposite sides of the trade for various reasons, but that does not make one side more right or wrong. For those of you that chastise option-sellers for "picking up pennies in front of steam-rollers", we would urge you to take more time to learn about the trading style/strategy/approach before making ignorant statements such as that or blasting the "option-sellers on X" optionselling community. Ultimately, we as option-traders (regardless of what side of the trade you take) are here to help each other learn, succeed, and get better ... not to bring others

U.S. stocks rose on Friday(Mar 1), with the S&P 500 and Nasdaq closing at record highs, as technology stocks rallied on continued enthusiasm for artificial intelligence, with further support from declining Treasury yields.Regarding the options market, a total volume of 51,363,792 contracts was traded on Friday.Top 10 Option VolumesTop 10: $SPY(SPY)$; $QQQ(QQQ)$; $NVDA(NVDA)$; $TSLA(TSLA)$; $Advanced Micro Devices(AMD)$ ; $AAPL(AAPL)$; $IWM(IWM)$; $Meta Pla

$Western Digital(WDC)$ has resume deal talks with Kioxia which will further enhance western digital position in the chip making industry. There is also plan to revolutionize cryptocurrency trading by western digital. This is something we should be looking forward to. If we look at how at how western digital is trading above the 50-day MA period for more than 50 trading session, with the positive plan and deal upcoming, I would think Western digital can continue its upside. Western Digital ADX is currently below 20 indicate a weak trend, but this should not stop its bullish upside as shown by +DI above -DI by large margin. I believe Western Digital should be making an upside to clear the 20 level soon. Western Digital RSI is showing to be in the ove

[How Hong Kong's Richest Billionaires Made Their Money] Buoyed by an uptick in tourism and consumption, Hong Kong’s economy grew an estimated 3.2% in 2023. With an IPO drought, the benchmark Hang Seng index declined 28% since we last measured fortunes a year ago. The collective net worth of Hong Kong’s 50 richest tycoons contracted by 9% to $296 billion. $HSI(HSI)$

Highlights of 26 Feb market:  U.S. stocks fell ahead of PCE data; Hong Kong's Hang Seng Index fell as investors remained cautious about upcoming corporate earnings results. 🇺🇸 S&P 500: -0.37% 📉 🇺🇸 Nasdaq: -0.13% 📉 🇪🇺 Stoxx 600 Index: -0.36% 📉 🇯🇵 Nikkei 225 Index: 0.35% 📈 🇭🇰 Hang Seng: -0.54%📉 🇨🇳 CSI 300: -1.04% 📉 • Wall Street fell on Monday, with the S&P 500 and Nasdaq Composite down -0.4% and -0.1%, respectively, as investors rebalanced their portfolios ahead of this week's Personal Consumption Expenditures price index (PCE) data , the market currently rules out the possibility of an interest rate cut by the Federal Reserve at its March meeting, and postpones easing expectations from May to June. • European Central Bank (ECB) President Christine Lagarde* said the fall in inf

Technology stocks were under selling pressure in the first half of the week, but enjoyed a rebound after $NVIDIA Corp(NVDA)$   posted earnings handily beat Wall Street's expectations and the leading artificial intelligence semiconductor chip maker forecasted revenue in the current quarter that surpasses analysts' predictions, sending Nvidia's share price to the moon while the semiconductor industry $Semiconductor Bull 3X Shares(SOXL)$   cheered the strong earnings results and positive outlook. Nvidia, whose chips are highly sought and regarded as the gold standard in the AI industry despite their hefty prices, has become the

The five trading sessions had almost 80 changes to director interests and substantial shareholdings filed for close to 50 primary-listed stocks. Directors or chief executive officers filed 30 acquisitions and one disposal, while substantial shareholders filed four acquisitions and 11 disposals.1. $Raffles Medical(BSL.SI)$ Between Feb 27 and 28, Raffles Medical Group executive chairman Loo Choon Yong acquired 4.5 million shares at an average price of S$1.03 apiece. This increased his total interest to 53.27%, from 53.02%.With the release of the group’s FY23 (ended Dec 31) results on Feb 26, he noted the group is cautiously optimistic in its 2024 outlook. He also said that despite geopolitical and economic headwinds, the group sees a growing