$Reddit(RDDT)$ users might consider shorting Reddit before its IPO for various reasons. They could feel disgruntled about Reddit selling data to large AI companies without giving any tangible benefits to users. Dissatisfaction might also arise due to Reddit's change in API pricing strategy, especially impacting some third-party clients.Concerns about Reddit's commercial use of user data, without apparent benefits to users, might add to their discontent. However, when users become shareholders, realizing they are an integral part of Reddit and that their participation adds value to the platform, their perspective might shift.They could gain a better understanding of Reddit's business decisions and choose to go long on the
$Apple(AAPL)$I don't think Apple dropping to $165 is very likely. The antitrust investigation by the U.S. Congress might cause some short-term turbulence, but I reckon they'll probably settle in the end. These antitrust inquiries aren't anything new for big tech companies, and the outcomes usually just involve someone losing or paying a fine.Apple is currently the most valuable company globally, and many investment firms and pension funds hold its stocks. Are they really going to let this investigation significantly impact Apple, or is it just a scare tactic? It's hard to say for sure right now.Also, the recent divergence between the semiconductor industry and Apple's stock performance is notable. Companies like Nvidia w
$Apple(AAPL)$ With so many negative News...was thinking 🤔....to catch or not to catch [Thinking] ..... Final action, to wear a Cut Resistance Glove 🥊 and catch [Sweats] ..... If the read from chart are in my favour, should be able to ride this bounce of previous support area [Bless] [Bless] [Bless] . (Try to get this ST kofi money [Bless] [Bless] [Bless] ). Maybe Bankers read this post and decided to kill this small 🦐 ikan bilis player, will flush down further[OMG] .... Let the market decide the fate 😉.
Interview with TigerOptions | Profited 90% From TQQQ! Why He Adds GOOG Right Now?
Hi Tigers,Welcome to our Interview with @TigerOptions Passionate about options trading, he has achieved good returns through various option strategies. During the bear market in 2022, he bottomed $Nasdaq100 Bull 3X ETF(TQQQ)$ , yielding over a 90% return. Currently, he is optimistic about $Alphabet(GOOG)$ , believing its search capability remains strong even in the AI-dominated market. With the current stock price relatively reasonable, he sees it as a good opportunity to add $Alphabet(GOOGL)$ .1. Can you introduce yourself? Hello, I'm TigerOptions. I'm 28 years old and currently working as an import manage
GBPUSD Elliott Wave : Buying The Dips At The Blue Box Area
GBPUSD Elliott Wave : Buying The Dips At The Blue Box Area March 21, 2024 By EWF Vlada Hello fellow traders. In this technical article, we’re going to take a look into the Elliott Wave charts of GBPUSD, exclusively presented in the members’ area of our website. As our members know GBPUSD has recently made pull back that made clear 3 waves down from the March 8th peak and completed correction right at the Equal Legs zone ( Blue Box Area) . In further text we’re going to explain the Elliott Wave pattern and trading setup. GBPUSD Elliott Wave 1 Hour Chart 03.18.2024 The pair is correcting cycle from the 1.2597 low. The pull back is showing lower low sequences from March 8th peak. Current view suggests that the correction is still in progress. Our analysis f
[DOJ’s Apple suit not a reason to sell, says Satori Fund's Dan Niles] Dan Niles, Satori Fund, joins 'Fast Money' to share his take on the DOJ's antitrust lawsuit against Apple and why he says it's no reason to dump the stock. $Apple(AAPL)$
Last Session Stocks closed slightly higher as investors processed Federal Reserve Chair Jerome Powell's dovish remarks following the March policy meeting. The $NASDAQ(.IXIC)$ rose by 0.7%, the $S&P 500(.SPX)$ edged up by 0.3%, and the Dow Jones Industrial Average gained 0.2%. Notably, small caps performed well, with the Russell 2000 index nearing its highest point since early 2022. Key economic data, including existing home sales and initial jobless claims, aligned with market expectations, contributing to a positive sentiment. Ind Perf Key Events of the Session Existing Home Sales: Sales of existing homes surged by 9.5% in February, reaching an annual rate of 4.38 million units, the fastest pace si
The Bank of Japan just made a historic rate pivot. What could happen next?
In the past two years, in order to cope with the problem of high inflation, the central banks of major economies represented by the United States have started the rate hike cycle one after another, but Japan is an exception. As the only remaining "negative interest rate" in the world, Japan has maintained a loose monetary policy for a long time. However, the situation has changed now.A few days ago, the Bank of Japan announced an increase in the policy interest rate, and the negative interest rate policy that lasted for many years came to an end. It is worth mentioning that this is the first rate hike of the Bank of Japan since 2007, and the eight-year "negative interest rate era" in Japan has officially ended.Although the Bank of Japan's move shows its confidence in economic recovery, it
Unveiling New Thai Blue Chips trading on SGX! [Partner's Post🙌🏻]
📅[Cool] Sign up now for the webinar with Dr Wealth to learn more about the new Thai Blue Chips trading on SGX Following the successful launch of three Singapore Depository Receipts (SDRs) tracking prominent Thai companies in 2023, additional new Thai stocks are coming your way, giving investors more options to broaden their regional investment landscape through Singapore Exchange (SGX). Join Dr Wealth in SGX’s latest webinar to learn more about the investment potential of these new additions that span across a broad range of industries! 🔗Sign up here: https://www.sgxacademy.com/event/webinar-unveiling-new-thai-blue-chips-trading-on-sgx/ [Smart]Access will be provided to part
Lufax is going crazy! They announced a cash dividend of ¥10 billion
This unremarkable Chinese stock has really shaken Wall Street! After releasing their financial report yesterday, they announced a cash dividend of ¥10 billion, accounting for about 72% of the market value!The company behind this madness is $Lufax(LU)$ , which is backed by $PING AN(02318)$ and specializes in small loans.As soon as the news of the huge dividend hit the market, Lufax's stock price skyrocketed, surging 45.7% in a single day!Looking at their performance, Lufax has been struggling in recent years. With tighter financial policies, their earnings have been dwindling. For example, in the fourth quarter of last year, their revenue was ¥6.86 billion, a whopping 44% decrease year-over-year.But hey, th
BIG TECH WEEKLY | Apple needs a second chance, with all in AI
Big-Tech’s PerformanceThe FOMC meeting essentially guided the market sentiment this week, cautious market expectations often bring surprises. After the Fed reaffirmed that the interest rate for this round of cycle has reached its peak and confirmed the start of rate cuts this year, tech stocks and growth stocks also reached new highs.As of the close on March 21, among the big tech companies over the past week, the best performer was $NVIDIA Corp(NVDA)$ +1.18%, followed by $Microsoft(MSFT)$ +0.97%, $Meta Platforms, Inc.(META)$ +44%, $Amazon.com(AMZN)$ +0%, while the other three fell, with
[Reddit CEO Steve Huffman on IPO debut: The best investors of Reddit are people who use Reddit] CNBC’s Julia Boorstin and Reddit CEO Steve Huffman join 'Squawk on the Street' to discuss the company's public debut at the New York Stock Exchange, the company's profitability outlook, advertising strategy, emerging revenue streams, and more. $Reddit(RDDT)$
$Invesco QQQ Trust-ETF(QQQ)$ The U.S. government is pushing the accelerator pedal to the floor with reckless spending on the fiscal side. The Fed has been applying the breaks. Now, the Fed has lifted its foot off of the breaks. Investors may floor their pedals to the metal but please remember to buckle up! 🎢 ⚠️ Trading tips: looking at MSFT calls above 430. Best to wait for a dip buy for a quick 0dte trade. Can exit above 20% gain and enjoy the weekend. Risk only what you can afford to lose! The stronger Mag 7 ticker The Fed has turned ultra dovish, risking inflation. The Fed has shrugged off hot inflation data. Sentiment is extremely positive. Keep in mind that when sentiment is ext
Following $Micron Technology(MU)$ recent filing of its 10-Q report, which revealed a significant turnaround in its financial performance, including a substantial increase in net income and revenue, analysts have responded with positive sentiment. Morgan Stanley, for instance, raised its price target on MU stock from $78 per share to $98 per share, reflecting the optimistic outlook. MU Daily Chart In line with this positive sentiment, I executed a bullish trade strategy on MU earnings day. Specifically, I sold a $MU 20240426 93.0 PUT$ for MU at $5.39 during market open. 20240426 93.0 Put Chart My decision was based on a bullish stance, supported by the stock's opening above all the EM
$Microsoft(MSFT)$ Tesla Inc., which has struggled to make any realistic claim as an AI player even as it grapples with questions about the EV market and concerns regarding Elon Musk’s leadership, is the worst-performing stock in the S&P 500 this year, sinking almost 30% as of March 20. Apple Inc. is also down, and Alphabet Inc. has underperformed the broader market. But on March 18 they both took a big jump, with the latter posting its best day since December. The reason? AI again. Bloomberg News reported that Apple was in talks to license Google’s Gemini AI engine for the iPhone. Despite Apple’s strong showing on the Google news, some investors suggest that if Apple can’t boost its AI credibility, it wil
🌟🌟🌟On a day when the S&P500 Index is up at all time high, $Apple(AAPL)$ suffered its single day stock loss since August 4 2023, dropping 4% to USD 171 as investors were worried about the US Department of Justice 's announcement of a wide sweeping antitrust case against Apple for allegedly stifling competition among other smartphone makers and the hefty revenues it takes for 3rd party transactions on its devices. The plunge wiped out USD 112 billion in market value for Apple, sending its market capitalisation to USD 2.6 Trillion. However Apple is still the 2nd highest in the world. In contrast $Microsoft(MSFT)$ gained 1% on Thursday tradi
U.S. stocks edged higher as optimism about a rate cut grew; Asian stocks largely tracked overnight Wall Street gains. 🇺🇸 S&P 500: 0.32% 📈 🇺🇸 Nasdaq: 0.20% 📈 🇪🇺 Stoxx 600: 0.90% 📈 🇯🇵 Nikkei 225 Index: 2.03% 📈 🇭🇰 Hang Seng Index: 1.93% 📈 🇨🇳 CSI 300 Index: -0.12% 📉 • U.S. stocks extended gains, with the S&P 500 and Nasdaq Composite rising 0.3% and 0.2% respectively, led by gains in the industrial and financial sectors amid growing optimism over interest rate cuts. • U.S. unemployment benefit applications for the week ended March 16, 2024 were 210k, well below market expectations of 212k, reflecting that the U.S. labor market remains tight. • In March 2024, the U.S. manufacturing PMI rose to 52.5 (forecast: 51.8), driven by a sharp expansion in output and employment, while the services
Jensen Huang Reveals Why Nvidia Is Betting Big On Humanoid Robot And Embodied AI In a recent interview, $NVIDIA Corp(NVDA)$ CEO Jensen Huang explained the rationale behind the company's foray into humanoid robots. What Happened: Speaking to CNBC's Jim Cramer, Huang elucidated that the decision to develop humanoid robots stems from the fact that most of the data used to train them is derived from human movements, reported CNBC. "We're in a world where, in order to write software for a computer, we use data or training examples, and the computer learns from the examples," Huang said. Well, we have the most examples of human(s) moving around of just about any other data." He further explained that the world
Hello everyone! Today I want to share some option strategies with you!1.We're taking an optionselling pre-earnings trade on $Nike(NKE)$ . Sold-to-open a Strangle, Mar 22 exp, 86p & 120c strikes. No detailed analysis on this one. Basically, we're simply selling at the gaps and rolling it. The 86p short strike concerns us as it is a bit more aggressive a strike than we would prefer to play even though it is outside the expected move range.ImageImage2.Geez $FedEx(FDX)$ ... wow!!! Did not see that strong of a move coming for earnings. Here's our #OptionsTrading optionselling plan moving forward. We will most likely lose on our Mar 22 290/292.5 call credit spread. The gains from our long position will offset