The S&P500 has been hitting record highs in recent weeks. Is there still momentum to continue this bull run? 1D chart as of 27 Mar 2024 From the 1D chart, here are my observations: The MACD indicator is still showing a bullish trend. A top crossover looks possible in the coming days. As the crossover is yet to be completed, this could take days to realize. The Chaikin Money Flow (CMF) indicator is showing a downward trend. Some traders use the crossover with the 0 (zero) line as a reversal signal. From the chart, CMF is trending down and it is consistent with the falling volume of S&P500. This does not mean that the S&P500 MUST fall today. However, we have learnt that market movements (of ups and downs) are just part of the typical market volatility. Relying on 1 single indicat
$Tesla Motors(TSLA)$ By giving free trials for FSD do not guarantee that consumers will ultimately subscribe To the FSD at the cost of $12000. Tesla fundamentals are still going downhill due to competitors and lower margin. Without any other positive news flow, Tesla share should be bearish un the medium to long term.
Assuming 5 years of 15% revenue growth from the current 70b, a 25% free cashflow margin (high end of its distribution over the past decade), 50% of it distribued as a dividend and a terminal cashflow multiple of 20-25 (where it used to trade prior to becoming a meme), discoutning at 10% you get 95-115 $Taiwan Semiconductor Manufacturing(TSM)$.With a less aggressive 10% growth assumption, average 20% free cashflow margin, 75% dividend distribution and a 20-25x terminal multiple, we are down to 65-75.The shares spent months trading in those undemanding ranges, providing ample opportunity for patient investors to accumulate.At around 140, this trades at 42-52x free cashflow (for 20-25% margins), gambling territory, specially
In my opinion, $Taiwan Semiconductor Manufacturing(TSM)$is going to slowly run to the March 4th high of 158 by earnings on April 18th, and then when they blow it out of the water, it's going to $180+ .......Just my opinion. I don't think you have long to wait. Within the next two months this will be north of $180.
Carnival (CCL) Price Volatility Upside Potential Post Earnings
$Carnival(CCL)$ is expected to release earnings on 27 Mar 2024 before the market opens (BMO). Carnival is expected to post an increase in first-quarter revenue, helped by strong booking trends for cruise vacations despite higher ticket prices. Investors will watch for comments on demand through 2024, the impact of costs, any further disruptions in the Red Sea region, and any forecast updates it provides. Technicals is showing uptrend and market have been trading positively in after hours on 26 Mar 2024, we could expect some upside coming today. Carnival (CCL) Last Reported Earnings CCL last reported earnings on 21 Dec 2023 before the market opened (BMO). CCL shares gained +6.2% the day following the earnings announcement to close at 19.19. Followin
[Bitcoin's Upcoming Halving: What to Expect] Strike CEO Jack Mallers discusses what to expect from Bitcoin as it approaches its highly-anticipated halving event, which will lower the supply of newly minted Bitcoin from miners. $Coinbase Global, Inc.(COIN)$
Option Movers|Trump Media Could See a Massive Gamma Squeeze As Lots of Traders Bet DJT to $90 by March 28
Market OverviewU.S. stocks slipped on Tuesday(Mar 26), giving up modest gains late in the session to send the Dow and S&P 500 to their third straight decline, as investors awaited economic data in a holiday-shortened week to gauge the Federal Reserve's policy path.Regarding the options market, a total volume of 32,732,696 contracts was traded, up 4% from the previous trading day.Top 10 Option VolumesTop 10: $SPY(SPY)$, $QQQ(QQQ)$, $TSLA(TSLA)$, $NVDA(NVDA)$, $AAPL(AAPL)$, $AMD(AMD)$, $IWM(IWM)$