Boeing Pump it 🔥 Worth Considering Long Position at This Level?
On Wednesday, $Boeing(BA)$ shares surged by 3.67%, displaying a certain level of activity. This rise didn't breach the previous low point, indicating some strength in the upward movement. Is it worth considering going long at this level? Does the upward momentum seem sustainable?ImageDaily chart $Boeing(BA)$ Options Chain
Welcome to Thursday Special!Let's talk about the movers and shakers of 2024, shall we?Sam Altman, the brain behind OPENAI, isn't just running a tech company anymore. Oh no, he's out here sculpting an empire of AI giants, reshaping the entire chip industry, and dreaming of achieving AGI in his lifetime. Memes Surface As Sam Altman Returns To OpenAI After Leaving ...Then there's our man, Mr. Huang, who practically single-handedly skyrocketed $NVIDIA Corp(NVDA)$'s stock by a whopping 82.49% in the first quarter. Some netizens even commented, “NVIDIA earnings are the new FOMC, and Jensen Huang is the new Taylor Swift.”But wait, $Coinbase Global, Inc.(COIN)$ CEO Brian Armstrong isn't one to be outdone. With a
图片The overall stock market is up again, but $Tesla Motors(TSLA)$ isn't leading the way this time. As of this writing, Tesla's shares are down 34% this year, while the $NASDAQ 100(NDX)$ continues to rise. Tesla's price is now 60% off its all-time high, while the broader market is close to its own.Tesla's stock is at another crossroads. Bulls would say it's a great buying opportunity, with the company gearing up for its next growth spurt. Bears, on the other hand, think the company's finally settling into a normal valuation. But which view is right? What's the future of Tesla's stock in three years?Sales are up, profits are downIn 2023, Tesla continued to grow its sales, delivering 1.8 million cars to custom
Last Session The Federal Reserve opted to maintain its federal-funds rate target range and uphold its forecast for policy in 2024. The decision was accompanied by a largely unchanged policy statement from the FOMC, acknowledging ongoing economic strength and persistent inflationary pressures. Despite recent inflation spikes, Fed Chair Jerome Powell expressed cautious optimism, emphasizing the need for sustained progress in mitigating inflation before considering rate cuts. Fed Funds $S&P 500(.SPX)$ was up 0.9%, the Dow Jones Industrial Average added 1%, and the$NASDAQ(.IXIC)$ climbed 1.3%. All three indexes closed at record highs. The last time that happened on the same day was in early November of 2
Option Movers | Micron to Reward Bulls; Traders Bet DWAC Could More Than Double Next Week
Market OverviewWall Street's main stock indexes closed higher on Wednesday (Mar. 20) after the Federal Reserve eased investor jitters by keeping borrowing costs unchanged and reinforcing expectations that rates could be cut as many as three times this year.Regarding the options market, a total volume of 36,829,037 contracts was traded, up 11% from the previous trading day.Top 10 Option VolumesTop 10: $SPY(SPY)$, $QQQ(QQQ)$, $SPX(SPX)$, $IWM(IWM)$, $TSLA(TSLA)$, $NVDA(NVDA)$, $AMD(AMD)$,
Except for those categories that have been fluctuating for a long time, most assets that performed strongly in the first quarter or even set a new record high have experienced weak upside in the near future. Interestingly, the two leading brothers who lead the rise are unexpectedly in the same pace in the medium and long term. With the emergence of adjustment, compared with the rapid and rapid sharp drop, the way that may be buffered by time is also an option.As we all know, NVIDIA is the standard-bearer of AI concept and the engine of the bull market of US stocks last year, and the crazy performance of Bitcoin in the past few months is obvious to all. Although there is a certain degree of correlation between the two, it is not difficult to find that such a high degree of positive correlat
In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share in Singapore, Australia, New Zealand, and Hong Kong to emerge as a world-leading fintech brokerage. $Tiger Brokers(TIGR)$
[The Fed's balancing act has to continue, says Ritholtz's Josh Brown] Ritholtz’s Josh Brown and SoFi’s Liz Young, join 'Closing Bell' to discuss Fed Chair Powell's remarks and the market reaction to the Fed leaving rates unchanged. $S&P 500(.SPX)$
💰🤟Sharing my trading strategy this week🤟💰 🫶 Instead of buying thousands into CLSK at an average price of $15.53 like what I did last week, I used a different strategy this week. Took advantage of the massive sell-off and fear today 🫶 🎉🎊 I Sold 70 puts of $CleanSpark, Inc.(CLSK)$ at strike price $15, awaiting assignment should CLSK sells off further and dip below $15.🎉🎊 💜🩷💙 Would be okay to accumulate CLSK at prices of $15 +/- because I believe in CLSK's long term future. Would expect shares of CLSK to do extremely well by Dec 2024 💙🩷💜 A random Google search on CLSK will show you that CLSK is: 🎯 A profitable mining company for as long as the price of Bitcoin stays above USD $37,000 - USD$40,000. 🎯 A low-cost mining c
**Title: 🚀 Lisa's Predictions: Reddit's First Trading Day** **Heading 1: 📈 Target Price Expectations** Hey Blinkies! Lisa here with some hot takes on Reddit's debut in the stock market. 💼 My target price range for Reddit on its first trading day? I'm thinking $40-50! 🎯 Let's dive into why I'm feeling bullish about this. **Heading 2: 💰 High Profit Margins** Reddit's profit margins are off the charts, and you know what that means – big bucks! 💲 Management spills the tea, explaining how Reddit's text-based community interactions keep technical costs low. 📉 Compared to image and video platforms, it's a gold mine! **Heading 3: 🧠 Genuine Gen AI Vibes** Listen up, Blinkies! Reddit isn't just another company; it's a genuine gen AI player. 🤖 When it comes to licensing data for training language mod
Earnings Digest | Micron's stock rose 18% on THREE huge drivers!
After the market close yesterday, $Micron Technology(MU)$ , the memory chip giant, announced its Q2 results for fiscal year 2024. The performance exceeded expectations, and the stock price rose 18.18% after hours:Specifically, Micron revenue was $5.82 billion in Q2, a year-on-year surge of 57.7%, significantly exceeding analysts' expectations of $5.35 billion, also higher than the management's guidance of $55 billion!Here are the THREE reasons behind this revenue surge:The demand is heating up! Inventory levels in the PC, phone, auto, and industrial markets are back to normal. The management predicts a slight increase in PC and phone shipments this year, reversing last year's decline.AI is booming, driving a surge in datacenter business. With the ma
$Sea Ltd(SE)$ $Sea Ltd(SE)$ Hi all! I am loading up more shares and call options at the current $55 price level region. This stock is going to be a bagger period. This is a great opportunity for trading and investment at current prices. Many investment banks also pick SEA as a great portfolio addition including JP Morgan and UBS! Trip to the moon for this SEA e-commerce market leader with global gaming platform as well as interesting profitable new business models like fintech and upcoming cloud services!
$Tesla Motors(TSLA)$ Whether Tesla goes up or down is like checking weather- it will go up and down but Tesla Stock is more like TIME it will always move forward in the long run. Investing when it's down is the best bet for small investors like me.
[Micron Technology Jumps After AI Growth Helps Bolster Forecast] Micron Technology Inc. shares soared in late trading. The largest US maker of computer memory chips gave a surprisingly strong revenue forecast amid demand for AI hardware. $Micron Technology(MU)$
Riding the Reddit Wave: Exploring the Potential of the Upcoming IPO
$Reddit(RDDT)$ As the investment world eagerly anticipates the debut of Reddit’s initial public offering (IPO) priced at $34, speculation runs rampant about the platform’s potential trajectory in the stock market. With its unique blend of social networking and community-driven content, Reddit has captured the attention of millions worldwide, making it a powerhouse in the digital landscape. However, beyond its cultural significance, Reddit’s IPO holds particular intrigue due to its potential to mirror the frenzy witnessed during the GameStop (GME) and AMC Entertainment (AMC) saga, where Redditors wielded significant influence over stock prices. Unveiling Reddit: A Digital Community Like No Other At its core, Reddit is a sprawling online forum where
Micron Technology's Stellar Performance in Q2 Fueled by Strong Demand in AI Market
Point of View: Micron Technology's recent financial report for the second fiscal quarter of 2024, released after the Wednesday's closing of the U.S. stock market on March 20th, showcases an exceptional performance, particularly driven by robust demand in the AI sector. This analysis will delve into the key highlights of the report, emphasizing Micron's impressive revenue growth, turnaround in profitability, and operational insights, while also exploring the broader market trends shaping its trajectory. 1. Personal Perspective Summary: In the context of a thriving AI market, the semiconductor industry, especially memory segment, is experiencing accelerated growth. Micron's stellar performance this quarter significantly surpassed expectations, primarily attributed to the burgeoning demand dr
🔥Stock Prediction: How will Reddit close Thursday 21/03?
$Astera Labs, Inc.(ALAB)$ went public yesterday, and saw its shares soar 72%. Can you predict where Reddit will move on Thursday 21 March? If you get correct answers, you will have the chance to get Tiger coins and gifts. $Reddit(RDDT)$ Reddit is an American social news aggregation, content rating, and forum social network. Users can upload and share content on the site.According to the prospectus, Reddit currently has 267.5 million active users per week and about 73 million users per day, making it one of the largest social networking sites after Facebook and YouTube.Revenue increased 20% last year to $804 million from $666.7 million in 2022. Its net loss in 2023 was $90.8 million, marking an improvement
It has to be the profit taking sell on news slide of SuperMicron! Miss the way up but hard to miss this frenzy party! Next will be the Bear flag breakout and slide in ARM share price! Let's party together!$SUPER MICRO COMPUTER INC(SMCI)$$ARM Holdings Ltd(ARM)$ Bearish! GTC turns out to be sell on event for the chipmakers till now!
$PDD Holdings Inc(PDD)$ reported robust revenue growth for the quarter, exceeding analyst forecasts and also appears to have delivered strong profitability in Q4. PDD's strong Q4 performance positions the company for continued growth in 2024. $Baidu(BIDU)$ gapped down after releasing their recent financial report. Its share price retraced back into the bearish gap and formed an intermediary swing high. This is a sign of weakness and the share price is possible of moving lower. $Bilibili Inc.(BILI)$ gapped up after releasing their recent financial report. Its s
For the market to respond to rate cuts later in the year as the Fed said, it has to be data driven, so as long as the market 'think' it is healthy, ie, if the stock market keeps rising, that means the longer the rate cut will be, but since the Fed forecast there will be three rate cuts, it means the market has to somehow 'under performing' in order to justify for rate cuts, make sense?