PPI Above Expectations After Months of Inflation Progress,What Does It Mean For GOLD& OIL
At 20:30 Beijing time on Thursday, March 14th, the US Department of Labor released the PPI data for February, which exceeded expectations in terms of year-on-year, month-on-month and core PPI year-on-year data. Relaying the previous CPI data, it further continued to imply the stubbornness of inflation.Data show that the PPI of the United States warmed up beyond expectations in February, rising by 1.6% year-on-year, and the previous value was 1.2%.Far exceeding the expected 0.9%; PPI accelerated by 0.6% month-on-month,It is twice the expected value,The previous value is 0.3%.PictureThe core PPI excluding food and energy prices increased by 2% year-on-year, which was the same as the previous value.Exceeding expectations by 1.9%;The core PPI rose by 0.3% month-on-month, which was less than th
$Tesla Motors(TSLA)$ After a strong recovery for its stock in 2023, Tesla shares have turned into one of the worst performers over the last three months. The EV giant isn't just underperforming as a member of the Magnificent 7, the stock is also underperforming in the S&P 500 Index. Tesla is one of only seven stocks in the S&P 500 Index that is down 20% or more in 2024. Right behind Tesla is The Boeing Company (NYSE:BA), which has fallen 30% in 2024. As of Thursday, the stock is now the worst performer in the S&P 500 Index year-to-date. ⚠️ Trading tips: If you're holding on to TSLA shares like me, my condolences. Time to sell covered calls for some cold comfort. Avoid adding to losing positions a
$UtdHampshReitUSD(ODBU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI remain similar YoY. However, income available for distribution and DPU declined YoY due to $1.3 mil retention and management elected to receive 100% of fees in cash which amounted to $1.5 mil. Development Construction of the new store expansion on ST. Lucie excess land was completed ahead of schedule and the new store commenced operations in November 2023. Related Parties Shareholding The directors of the REIT manager hold a relatively high proportion of shares, while the REIT sponsor and REIT manager hold a relatively low proportion. Lease Profile The WALE is long and the lease expiry is well spread. Additionally
Inflation reduces chances of Fed rate cut; Wall Street ends three-day winning streak 🇺🇸 S&P 500: -0.26% 📉 🇺🇸 Nasdaq: -0.29% 📉 🇪🇺 STOXX 600: -0.10% 📉 🇯🇵 Nikkei 225 Index: 0.29%📈 🇭🇰 Hang Seng: -0.71%📉 🇨🇳 CSI 300: -0.28% 📉 • U.S. stocks ended the day lower, with the S&P 500 and Nasdaq both tumbling -0.3%, snapping a three-day winning streak as data showed higher-than-expected inflation and signs consumers were spending less, This has brought pressure to investors. • The U.S. Producer Price Index (PPI) rose 1.6% year-on-year, compared with the consensus estimate of 1.2% year-on-year, driven by rising fuel and food costs, providing further evidence that inflation remains stubbornly high. • U.S. retail sales rose 0.6% month-on-month in February, missing consensus expectations for
$Tiger Brokers(TIGR)$ took a quick read of futu results for 4q $Futu Holdings Limited(FUTU)$ given that it's headcount cost and cloud services cost went up in 4q as well as hifher client acquisition costs, this explains for a weakee 4q2023 results. I don't recall seeing tiger spending alot more on headcount growth which may lead to better profit margin. Again, who knows? Tiger is not spending too aggressively and is optimising it's ROI per client acquisition. I expect tiger to perform relatively better compared to 3q. Only time will prove if I am right on this $Robinhood(HOOD)$ $NVIDIA Corp(NVDA)$
$CN Energy Group Inc.(CNEY)$ Watch this stock CN Energy (CNEY) as it rockets up 🚀 CN Energy (NASDAQ:CNEY) stock is on the rise Wednesday as the manufacturer of wood-based activated carbon in China experiences heavy trading of its shares this morning. That heavy trading has more than 11 million shares of CNEY stock changing hands as of this writing. That’s well above its daily average trading volume of about 227,000 shares. Also worth noting is CN Energy’s float of about 2.22 million shares. Traders will keep in mind that this activity comes without any news from CN Energy. There are no new press releases or filings that explain why the stock is rallying today. The same holds true for analyst coverage of the shares.
The fact of the matter is there are over 170M so called shorts in NIO - most of are ghost shorting this stock - do not make NO MISTAKE ABOUT IT!!! This and only this what brought NIO SP down to $5+ from the mid $30’s and the shorts can go ahead the thumb this post all they want, never less these are the facts! Anyone with normal IQ realizes what a monster of company NIO will be in few quarters, and yet everyday we have 3 rigs circus going here! I wished NiO will be announcing a $1.5B stock BUYBACK (funded by Abu Dhabi/ which is 28% down on their $3.3B investment in NiO) and I guaranty you all, SP will explode to $25 in less than 3 week! Don’t role out this from happening any day!!! $NIO Inc.(NIO)$
Big-Tech’s PerformanceThe trading on Quadruple Witching Day is often particularly intense. This is the day when four financial derivatives of U.S. stocks— "stock index futures, stock index options, individual stock futures, and individual stock options"— all expire at once each quarter. Investors are eager to close their positions on this day, often leading to a sharp increase in market trading volume and greater volatility. Since Nvidia option trades account for 1/4 of the single-ticket option market, Nvidia option trading will be a focal point.Statistics of the trading on Quadruple Witching Day in the past 30 years show that the probability of a rise in the week of March is slightly higher, but the probability of a rise in the following week is the lowest. Although the average return for
$PROPEL FUNERAL PARTNERS LTD(PFP.AU)$ 🚀🚀 NOW PART OF THE ASX300 🚀🚀 Looking for a solid longer term investment On the ASX? You may like to consider: Propel Funeral Partners (ASX:PFP) is now into the ASX 300 The only certainties in life are death and taxes, and this company helps with the former. And it isn't cheap, with a cost per funeral of over $6,000. In 1HY24, it increased revnues by 23%, funeral volumes by 17% and its profit by 7%. PFP is growing both organically and through M&A, having completed $284m in operations since its IPO in 2017. The company boasts 91.1% growth since then, well ahead of the ASX 300 which only grew 27%. My investment is at 11.26% presently and I'm looking forward to my first dividend of $0.072
$Sea Ltd(SE)$ Hi all! Sea is definitely on track to hit the price target of $65-67 for short term trading. Stock has break through $60 convincingly and today profit taking at $62-$63 level is expected in accordance to the boarder market. Some consolidation is inevitable at $60-$63 before surging to the next price target and resistance of $65-$67. I am still very confident about the counter future price levels for both trading and investment!$SE 20240315 50.0 CALL$
$Tesla Motors(TSLA)$ From both fundamentals and technical aspects, personally I feel this stock is greatly overvalued and it should worth merely $100.00, there are still many unknown downside risk for the stock, I would avoid trading relating to this stock and please stay safe and trade with care.
$XIAOMI-W(01810)$ The spirit leader Lei Jun delivered remarks about EV cars. I think it’s the positive signs for the futural innovation and development of EV market!Really hope the company can be successful in this transmajor road![Lovely][Lovely][Lovely]
First time in my life to come across such phrase. To me, do your FA & TA, and based on your gut feel and Just Do It! Just like my $UOB(U11.SI)$ using my SRS fund. I might not have hoot it at a low price but a price i m willing to pay. Anyway, i wont be looking at it until my retirement age. But today, i noticed there is profit. Too bad, i can see the profit but cant touch it. Just like the dividend i will be receiving in May. It will be credited into SRS. I already have plan on the usage of the dividend. [Happy][Smile][Chuckle]
I closed $GOOG 20240405 137.0 PUT$ ,It seems like buyers are back for Google, causing the share price to move up above the trend line. This resulted in this trade to be profitable. As this is a rolling trade, I decided to cost it to secure a small profits. I will open another sell put trade at lower strike price and date to expiry in Apr.
I opened $GOOG 20240426 133.0 PUT$ ,I think the up momentum is strong and price has moved above the trend line. From the weekly chart, the 200MA is around $134. Looking at the option chains, I found that this trade gives a good premium with delta of around 0.2 (probability of about 20% to reach $133). Therefore, I decided to enter this trade with the expectation of price going up from here.
I closed 1 lot(s) $PLTR 20240517 24.0 PUT$ ,**Embracing the fluctuation I woof with satisfaction as she opens a buy position of 1 lot on PLTR 20240517 24.0 PUT at 2.26. With a knowing smirk, she senses the potential for a lucrative play in the market. As she monitors the fluctuations, her anticipation grows, each tick of the price fueling her excitement. 💃📈💰 **A Calculated Move:** Then, like a skilled seductress, she strikes at the opportune moment, closing the sell put at 2.30. With a calculated move, she pockets the profit, a mere $3 after charges, but to her, it's not just about the money—it's about the thrill of the trade, the rush of the game. **The Triumph of Victory:** As she revels in her triumph, she imagines the
Overnight, BTC was flushed down for a second time in a week but was defended at the previous all time high mark around $69k+ and then rebounded ( see attached chart). For now the bulls have won. It is important that the BTC weekly price close higher than the previous week to keep the bullish momentum. I wonder how strong the defence is given that that the support has been got twice in a few days. For now I'll say it's strong given the strength of the rebound. Obviously this price action will influence the price of COIn and MSTR. Watch BTC price closely over the next few days
Boeing (BA) Elliott Wave View: Impulse Lower Suggest More Downside
Boeing (BA) Elliott Wave View: Impulse Lower Suggest More Downside March 14, 2024 By EWFLuis Boeing ticker symbol: BA ended a corrective cycle in January 24 at 217.59 high and we labeled as wave (B). Then the stock continued lower forming an impulse structure. Down from 24.01.2024 high, wave 1 ended at 198.32 low and bounce in wave 2 finished at 215.03 high. The market resumes lower in wave ((i)) ending at 197.15 low. Pullback in wave ((ii)) higher did a zigzag Elliott Wave structure ending at 208.10 high. Boeing resumed to the downside in wave ((iii)) that is still in progress. Down from wave ((ii)) in lesser degree, wave i ended at 202.51 and wave ii pullback ended at 206.62. The stock resumes lower in wave iii towards 199.03 and bounce in wave iv ended at 204.1