$SMR: Skyrocket 53% last week, A Promising Future or a Risky Gamble?
Stocks posted their third down week of 2024, as mixed signals from the Fed and economic data kept traders and investors on edge.The best-performing concepts are marine ports, the bitcoin concept, and heavy electric equipment.Considering the different perceptions of the stock, this time TigerPicks chose $NuScale Power(SMR)$ to have a fundamental highlight to help users understand it better. $NuScale Power(SMR)$ NuScale Power specializes in Small Modular Reactor technology, offering a modular design.NuScale's technology leverages existing light water reactor frameworks, streamlining the overall design and offering a solution to intermittency and industrial applications.The company's business model includ
Well written opinion piece and worth paying heed to. My view is last Friday's movement was a breather, not the correction, and a healthy one at that. Which means, I feel the bull run is not over yet. But it is also always good to watch carefully and be ready to take actions. Either ways.
$Sea Ltd(SE)$ I had been buying Sea Ltd(SE)$ since it dropping. I have faith and confidence in this company. The 3 business models for gaming, e-commerce and digital banking are making profit now. Therefore, I do not see why the stock price will not be going up. You must keep for long term and you can see the price shot to the moon. None of its competition is new. SE is the dominant player in its markets, of course it won't grow as fast as someone just starting out and burning billions! SEA has challenges, certainly, will require patience no doubt, but as a long term perspective, i dont see how not to be long on SE. I will keep buying. Great long opportunity. My target price is $60 by end of this month. Go ahead and s
$Tesla Motors(TSLA)$ - Buy more shares if the price keep dropping, that is my strategy as I am quite confident the share price will eventually go up to $200 again at the end of this year 2024. You should also buy in the shares gradually and not in one shot as you will not be able to predict when will it be the lowest price. Do help me to repost this article if you want to. Please do your own diligent study before you start to invest in this share and invest only within your own mean.
Markets standing tall The markets have held up pretty well going into March and this is where I have to add that the markets that are doing well are doing so on narrow leadership. The magnificent seven have been pulling the markets along as they ploughed through the bears. However, they have all been taking turns to fall back. Tesla was first and not surprisingly so being more of an EV story and much more affected by high rates. Then Apple and Google were next both not making new highs. Microsoft followed thereafter just recently which leaves only Nvidia, Meta and Amazon to hold the fort. Now that everyones' technicals seem to paint a complete pattern upon a five wave pattern, it seems only a matter of time before they pull back. So as much as the bulls would like the party to c
My trading plans for this week:1. $NVIDIA Corp(NVDA)$Unlike the bubble in 2000, $NVIDIA Corp(NVDA)$ has a strong moat. It's not just about the chips but also the entire CUDA ecosystem.During market downturns, selling put options on NVDA is a good choice.Tips: When selling put options, make sure you have sufficient margin and don’t leverage.How to choose the strike price?I focus on two key points:Forward EPS and PEOn NVIDIA's financial page, you can see the 2025 EPS of 24.5 and a forward PE of 35.73.Note that the forward EPS estimate may undergo significant revisions with quarterly reports.$Tesla Motors(TSLA)$ is a typical example.Initially, it is projected that t
11 march 2024: inflation data this week to drive stock market this week
I certainly do not think the us stock market has peaked yet though pricing at this level is a double edged sword. The momentum is good on the upside but chasing at this level requires shrewd analysis with the selection of fundamentally strong businesses. My personal take is inflation data should be either in line with expectations or weaker than expected, bringing both dollar index down and us stocks up further. Naturally to think in a singular direction is risky as over sizing at this level into us stocks could mean one may get overly emotional when stocks swing the other end. I used to think that chasing us stocks at relatively high level does not make sense which makes the buying of cheaper Chinese stocks a relatively safer approach. This thinking technically wasn't wrong in 2000
[Markets will continue their booming bull market, says Courtney Garcia] Courtney Garcia, Senior Wealth Advisor at Payne Capital Management, discusses the market sell-off this week and if the trend will continue. $S&P 500(.SPX)$
Liquidity of US Market Approaching a turning point
Global risk asset preferences rose in February, with markets such as BTC $iShares Bitcoin Trust(IBIT)$ and $NASDAQ(.IXIC)$ continuing to rise, ignoring expected interest rate cuts and rising US treasury yields. The release of liquidity in the first quarter drove the performance of risk assets, with the approval of Bitcoin spot ETFs and the performance of US tech stocks exceeding expectations. These factors were all supported by the ample liquidity in the US financial market. $S&P 500(.SPX)$ However, financial liquidity may shrink in the second quarter, which could lead to a redistribution of funds between stocks and bonds. The impact of the US liquidity tran
$XPeng Inc.(XPEV)$ will be the last of the Chinese EV trio to report fourth-quarter earnings results on 15 March. While $Li Auto(LI)$ had announced overwhelming earnings last week, what cheered the market was its ability to maintain stable gross margin amidst prevailing price war, thanks to its prudent cost management and resilient supply chain. However, $NIO Inc.(NIO)$ 's margin fell short despite an earnings beat when it was its turn to post its earnings this week. Both LI Auto and NIO had seen their stock prices rising post-earnings release, although the
With rising awareness of global climate change, geopolitical conflicts affecting crude oil prices, and tightening emission controls, adoption of electric vehicles is expected to increase over time, even if the EV industry may be encountering softening demands temporarily due to economic slowdown, escalated borrowing costs and expiring subsidies. Availability of charging infrastructure may have deterred buyers too. However, I believe that the EV market is poised to resume growth as the Fed is expected to commence rate cuts this year after taming the inflation and being confident that it is falling back sustainably to the Fed's 2% target, so as to avoid tipping the US economy into a recession. With $Tesla Motors(TSLA)$
Volatility Ahead: The Sale That You’ve Been Waiting For 🧐
$Invesco QQQ Trust-ETF(QQQ)$ With the confusing U.S. unemployment report for February in the rearview mirror, economists will be looking at the consumer inflation data this week to get a better sense of what actions the Federal Reserve might soon take with interest-rate policy. The February jobs report had a so many moving parts and revisions that it will put more weight that usual on the inflation data, said Drew Matus, chief market strategist for MetLife Investment Management. But the data could lead to more "handwringing" on Wall Street over fears that inflation is reaccelerating, said the team at Oxford Economics, in a note to clients, as a rebound in gasoline prices likely helped drive the overall inflatio
Summary of the Last Session The recent session in the financial markets was characterized by significant volatility, marked by significant fluctuations in stock indices and commodity prices $S&P 500(.SPX)$$NASDAQ(.IXIC)$ . Economic reports, notably the one on US jobs, were closely scrutinized, influencing investors' expectations regarding the future monetary policies of central banks. The markets were also sensitive to geopolitical developments, such as tensions between Saudi Arabia and OPEC. Overall, the session reflected a period of transition and uncertainty for investors. Key Events of the Session US Jobs Report: The monthly US jobs report showed solid job growth, but with downward revisions for
Is it time to take profits for your AI stocks? The introduction of AI has resulted in huge rally in most semiconductor-related stocks. Notably, $NVIDIA Corp(NVDA)$ was one of the biggest winners gaining ~280+% in a year due to the significant improvement in its quarterly revenue. However, the AI competition is getting more intense and do they still deserve a premium to their current valuation?? For instance, OpenAI is exploring making its own AI chips and also considering options to diversify its suppliers beyond Nvidia. Furthermore, their close competitors such as $Advanced Micro Devices(AMD)$ and Intel are developing th
Well, folks, hold on to your kopi peng because $NVIDIA Corp(NVDA)$ took a 5.5% dip on Friday, and it brought the markets along for a joyride. Now, before we start speculating like kopi aunties at the void deck, is this a sign of a bubble ready to burst, a correction, or just Nvidia taking a quick kopi break? Let's dive into it and see lah! So, apparently, Nvidia's revenue shot up 265% faster than a kaya toast disappearing at breakfast. AI adoption and chip demand are hotter than satay sticks on a hawker grill, and Mr Jensen Huang himself says AI has hit the tipping point. So far, so good, right? The storyline is still intact. But what went down on Friday? Let's check out the options market and see if it spills the tea, or
$Apple(AAPL)$ In the battle for smartphone dominance, Google could soon gain an advantage over $Apple (AAPL.US)$ from an unlikely source: a new European law. Starting this week, the world's largest technology companies have to comply with the European Union's Digital Markets Act, a sweeping new law aimed at boosting competition from smaller companies in the realms of digital advertising, online search and app ecosystems. In the near term, one of its biggest impacts could be in the rivalry between Apple and Google. The new law is pushing Apple to open up certain parts of its app ecosystem in the EU, allowing third-party app stores for the first time and offering alternative in-app payment services on iPhones across the bloc. Apple had lobbied heav
$BYD.HK 20240530 150.00 PUT$ Closed BYD short put aftwr holding for 17 days. 50% profit, so take out first. Will sell again later if it goes down or find new levels to trade.
Weekly Recap | The healthcare sector fell sharply under the Biosecurity Act
Last week, the Hong Kong stock market held steady with the $HSI(HSI)$ dipping a mere 1.42%.News-wise, it was a busy week! Domestically, the Two Sessions kicked off, and the Government Work Report set a GDP growth target of around 5% for 2024, which was right in line with market expectations. Governor Pan Gongsheng of the People's Bank of China hinted at further reserve requirement ratio cuts during the Two Sessions. On Thursday, the General Administration of Customs announced that China's total import and export value for the first two months of this year hit 6.61 trillion yuan, a year-on-year increase of 8.7%, exceeding market expectations.Overseas, the US Senate Committee on Homeland Security and Governmental Affairs passed a Biosecurity Act with
$UOL(U14.SI)$ UOL - Nice Net profit plus declaring Special dividend of 5 cents yet price still drifting lower is it a good pivotal point to consider at current price of 5.60! Do take note! Lets see if alshe is able to overcome 5.80 than 5.92 level in order to reverse this downtrend mode! Pls dyodd. UOL - 2nd Half Net profit is down 12 per cent to S$145.5 million, from S$164.5 million in the year-ago period. FY net profit is up 373 percent to 572.7m due to divesment gain from the sales of Parkroyal. The company proposed a Final dividend of 15 cents plus special dividend of 5 cents! XD 2nd May. Pay date 15 May. Chart wise, bearish mode! She is approaching near the support level at about 5.60. I think looks like a good pivot entry point