SoFi Technologies (NASDAQ: SOFI) has recently garnered positive attention from Wall Street with Needham & Co. analyst Kyle ... From Youtube: https://www.youtube.com/watch?v=MxnbTikwmOY
🐂🐻 Pltr bullish or bearish? I am neither only range bound
**Finance Blogger Q&A: Navigating Market Volatility with Technical Analysis 📊💻** sometimes the similar "movement" on price/indicator cannot be seen clearly, only after the oval (shapes) are drawn for rsi sometimes the occurrence is more volatile (Jun ~ Jul) but can spot the similar decline in RSI (from overbought drifting to oversold) see how it react to this upcoming dead cross - more like a range-bound like previous action (Aug ~ early-Oct$Palantir Technologies Inc.(PLTR)$ - good for option strategy for range-bound According to the latest earnings forecast, Palantir is expected to report an EPS of $0.34 for the fiscal year 2024. The forecasted gross income is $2.71 billion, and the forecasted EBIT
I opened 7 lot(s) $TNA 20240517 30.0 PUT$ ,Has been eyeing for a big drop for TNA and finally get to see one. Today's drop is higher than SOXL and TQQQ which is rare to see. Might be a good chance to get some positions.
After the release of the March CPI, the CME's FedWatch Tool shows that it may be very difficult to cut interest rates twice this year. The current pricing is for a rate cut in September (with a probability of 46%), and a second rate cut in December (with a probability of 33.7% vs. 33.6%).Why does this CPI exceed expectations and have a significant impact on the market?It may once again expose the shortcoming of the Fed's "delayed" judgmentCoincidentally, on April 10th, the day the CPI data was announced, the minutes of the March meeting were also released, indicating that the expectation of three rate cuts this year remains unchanged.Although the Fed has slowed down its balance sheet reduction this year, it does not intend to reduce the pace of reduction.The purchasing power support brough
I opened $MCD CUSTOM 240621 CALL 285.0/CALL 265.0$ ,In the monthly chart, it was noted that every time the price touches 20 moving averages, the price will move up. Similarly, in the weekly chart, the price seems to also move up when it is near 150 moving average. I have also noted the stochastic is approaching oversold region, which may suggest the price is due for moving up. I think MCD is undervalue, therefore, I decided to enter this trade in view that the price to go up in the coming weeks.
It has been quite a long time that we do not hear much about Huawei after the US ban on the parts supy to Huawei. However, Huawei seems to be on track of coming back strongly since last year. Huawei's profit doubled in 2023 as smartphone, autos business picked up. As compared to company like $Apple(AAPL)$ , it is not doing well no matter in smartphone or automobile. Huawei This telecommunications company made a comeback in the smartphone market in 2023 with the quiet release of its Mate 60 Pro in China in late August. Huawei Mate 60 The company also attributed the profit gains to revenue growth of 9.6% year-on-year to 704.2 billion yuan ($99.18 billion). Net profit grew by 144.5% year-on-year to 87 billion yuan. Higher quality oper
Oh no! Bad news. The consumer price index, a key inflation gage, rose 3.5% in March, higher than expectations and marking an acceleration for inflation. I believe the rate cut won't be so fast in 2024, probably towards the end of the year. Shelter and energy costs drove the increase on the all-items index. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago. Following the report, traders pushed the first expected rate cut out to September. A measure of underlying US inflation topped forecasts for a third straight month, heralding a fresh wave of price pressures that will likely delay any Federal Reserve interest-rate cuts until later in the year. The so-called core consumer price index, which excludes fo
Donald Trump has crashed out of the ranks of the world's 500 wealthiest people after the value of his meme stock nosedived. The former president has fallen off the Bloomberg Billionaires Index as his net worth has dropped below the $5.8 billion required to make the cut. Forbes' rich list pegs Trump's total wealth at $4.8 billion, ranking him 659th in the world. Donald Trump's media company continues to struggle in the market after going public via SPAC two weeks ago: Shares of Trump Media & Technology Group, the parent company of Truth Social, closed at $37.17 earlier this week, falling another 8.4%, after plummeting last week. This represents a 53% decline from when the company soared more than 50% on its first day of trading in late March, after completing its merger with the shell c
⛔️⛔️Fed's cut is off the table for June ⛔️⛔️ The experts wade in. Source Reuters ~ CAMERON DAWSON, CHIEF INVESTMENT OFFICER, NEWEDGE WEALTH, NEW YORK "There is a high-risk cutting rates in June gets pushed out further. The probability is likely going to move lower after today's print, meaning that a June cut is less likely. It's important because June is the kind of last window for them to cut before the election. However, this data doesn't necessarily support them.” BEN VASKE, SENIOR INVESTMENT STRATEGIST, ORION, OMAHA, NEBRASKA “While cuts are certainly still on the table for 2024, today’s data could be a key data point in pushing out pivot timing even further.” OLIVER PURSCHE, SENIOR VICE PRESIDENT, WEALTHSPIRE ADVISORS, NEW YORK “The report confirms the Fed’s concerns that
$Tesla Motors(TSLA)$ robotaxi will be a game changer. Its impact will be very material and lasting, not only to EV itself, but also to many other businesses like taxi and private hire, and the list goes on. Elon Musk's announcement also suggests TSLA's confidence in its FSD maturity. So time is now! Robotaxi will add to TSLA a new s/w and service element which will alter its valuation model going forward that will expand its earning multiples. I see sentiment improves from here.