Powell Hints at No Rush to Cut Rates, Yet Markets Grow More Bullish
After Fed Chair Powell hinted that the central bank is not in a rush to cut rates, U.S. Treasury yields rose on Tuesday (16th), with the 2-year yield briefly touching 5%. U.S. stocks were volatile before closing mixed, with the S&P 500 and Nasdaq Composite falling for the third straight day, while the Dow Jones snapped a six-day losing streak, led by UnitedHealth.Options trading data shows diverging investor expectations for the future. SPY options reflect a slightly bullish sentiment, with investors betting on limited upside in the short-term. QQQ options have been bullish on June far-dated calls for two straight days, though remaining bearish near-term. For the small-cap Russell 2000 ETF, investors are primarily defensive, selling put options.Details:
$SUPER MICRO COMPUTER INC(SMCI)$We are seeing the volatility in Super Micro because of the small float. A 10-1 split would diminish that. A good thing. Amazon example was 20-1. Another good thing. Amzn recently pushed higher to all time high 189 something. that equals 3795 based on 20-1. Who can afford to buy shares except the super wealthy at that price? When Super Micro gets to 1500 and splits 10-1 that will increase the number of shares you have 10 fold and bring the share price to 150 per. that will be super attractive to New investors. Soon your less expensive shares will be back up to 1000 per share. Splits equal massive growth.
$SUPER MICRO COMPUTER INC(SMCI)$I am not bullish yet. Can’t have one single reason of one analyst upgrade pumping to 10%, just the AI pump is back. No fundamentals at this point. The wedge when it breaks, can add a small portion for moving forward. Currently risked 1 option PUT 2 month expiry. Will decide to keep it or sell for loss by end of this week.. Short term volatility and I am expecting move in either direction - 950$ and 1050$ both are possible to be touched by Friday..
Oil Call Options hit Record Volume! ETFs & Bull Call Spread Strategy for You
1. Oil Call Option Volumes Are SoaringAfter Israel vowed to respond to missile and drone attacks from Iran, trading volume of crude oil call options surged to an all-time high. On Monday, trading volume of Brent crude oil call options approached 350,000 contracts, surpassing the record set in 2019. The premiums for these contracts relative to put options also rose to the highest level since October. Source:BloombergAccording to market sources, the majority of trades are focused on establishing new bullish positions and transferring existing contracts bought in the weeks leading up to the Iranian attacks. Open interest has seen an increase.With ongoing unrest in the Middle East, coupled with robust demand and tight supply, Brent crude futures prices have surged to around $90 per barrel, hit
$SoundHound AI Inc(SOUN)$SOUN is currently within a potential support zone, outlined by a purple rectangle from $3.75 to $4.35. This zone has been historically significant, previously acting as both support and resistance levels. Notably, a breakout from this zone led to a high of $10.25 before retracing back to $3.75, followed by the recent rebound to $4.04.SOUN's rebound from the $3.75 level and the rising RSI suggest potential for a support zone rebound. Traders might consider watching for confirmation signals, especially near the 4hr 200 SMA, for possible bullish opportunities.A break above the upper boundary of the support zone, around $4.35, could signal a bullish continuation, targeting higher levels.
$Tesla Motors(TSLA)$Finally, mentally challenged institutional and retail investors figured out Tesla cutting 10% of its workforce will add $40/share in market cap, which is why we’ll get a nice pop.Cutting redundant workers, especially in a transition year, greatly increases EPS and production efficiency, which will carry over to future growth years with: the $25K model, FSD subscriptions and license fees, Robotaxi, Giga India, Tesla Semi truck ramp up, Cybertruck ramp up, Tesla Van, Battery storage biz, etc,
$Tesla Motors(TSLA)$Tesla really screwed up, and it is all Elon Musk's fault. He pushed through the CyberTruck with no market research. Turns out, nobody wants it. Meanwhile the rest of the EV world was developing what Elon promised but never delivered, an affordable $25k EV. Tesla is a dumpster fire with a clueless dictator at the helm. And robo-taxis are a fantasy. Self driving is years down the road. In tests they cannot recognize anything unusual, things that any real driver would, like a pedestrian gesturing to go ahead, or police tape, or a child, etc. Tesla's market cap is way out of line with where it should be. I think Tesla's stock is headed to $120.
$Tesla Motors(TSLA)$The $140s are but a bus stop on the way to mid $50 price range. Layoffs are happening, unsold vehicles are stacked up and parking lots like cordwood in October. The brand has become toxic because of Elon Musk, competition from established automakers who actually know how to build quality vehicles is going to kill TSLA. The cybertruck is 5 years late. It's a truck not an aircraft. Robo taxis are not going to happen... not only in August but anytime in 2024 or 2025 for that matter. Elon is just trying to pump the stock up while he's selling all the way to the bank.
Powell gave another speech last night! He still emphasized that interest rates will not be raised and that interest rate cuts required more patience. Let's look at Bitcoin chart. Bitcoin 4 hours chart Bitcoin made several bottoms yesterday afternoon. Judging from the four-hour chart, it could not fall below 61600 even if it stepped back several times. Now it is critical to see if Bitocin can stand firm in four hours chart, at 64868 USD first. In short term, I think the adjustment should be over for the time being. After all, even the weak Ethereum has stabilized above weekly support (3035 USD). Personally, to catch the rebound, the first choice will be Bitcoin. This is because every time when there is a rebound, the leader Bitcoin&n
Option Movers | Tesla and Coinbase See 50%+ Put Options; Traders Bet AMC Entertainment to $3
Market OverviewWall Street stocks ended lower in choppy trading on Tuesday (Apr. 16) as Treasury yields climbed, with investors weighing the likely path of interest rates in a resilient U.S. economy with persistent inflation.Regarding the options market, a total volume of 38,645,714 contracts was traded, down 13% from the average daily trading volume.Top 10 Option VolumesTop 10: $TSLA(TSLA)$, $AAPL(AAPL)$, $NVDA(NVDA)$, $AMD(AMD)$, $BAC(BAC)$, $AMZN(AMZN)$, $WBD(WBD)$,
Uncover Lawrence Wong's remarkable journey from humble beginnings to Prime Minister 📈
🤔 1.Who is Lawrence Wong?👋 The name Lawrence Wong has been echoing louder and louder 📢 in the political landscape of Singapore.After the declaration of Lee Hsien Loong's resignation, who is the eldest son of the legendary Lee Kuan Yew, Lawrence Wong has been put forward as the recommended candidate for the next Prime Minister of Singapore.This development has placed his background and experiences under the spotlight 💡, capturing the interest and curiosity of the public. 🌟PM Lee & Lawrence Wong Photo 🌟🧲 What charm does this designated candidate for the next leadership of Singapore possess, that has led Lee Hsien Loong to endorse him repeatedly?🤝🔄 What does Lawrence Wong's inclusion represent for Singapore and for China-Singapore economic relations?👨🎓📚 Perhaps, we can start to understand
$Planet Fitness(PLNT)$ has been on a downward trajectory in 2024, with its stock price dropping roughly 17%. While the recent appointment of Colleen Keating as CEO offers a glimmer of hope, several underlying factors suggest a bearish trade on PLNT could be a viable strategy. Keating inherits a company facing multiple challenges. Franchisee relations have been strained, with disagreements over marketing fees and operational strategies simmering beneath the surface. The recent locker room policy controversy has also damaged Planet Fitness' brand image, particularly among women. Keating will need to navigate these sensitive issues delicately while also demonstrating strong leadership and strategic vision to regain franchisee and customer trust. Coll
After nearly 20 years in office, Prime Minister Lee Hsien Loong of Singapore announced that he will step down on May 15. Deputy Prime Minister and Finance Minister Lawrence Wong Shyun Tsai will take over as the new Prime Minister.In April 2022, Finance Minister Lawrence Wong Shyun Tsai received overwhelming support and was formally elected as the new leader of the fourth-generation leadership team, becoming Lee Hsien Loong's successor.In the Leadership Transition video, the new PM Lawrence said:I accept this responsibility with humility and a deep sense of duty. I pledge to give you my all in this undertaking.What’s your message for Singapore’s prime minister?To Prime Minister Lee Hsien Loong or to Lawrence Wong Shyun Tsai?Do you look forward to the government led by Lawrence Wong?Leave yo
The S&P 500 fell below 5,100 with big tech stocks leading
On Monday, all three major US stock indices gave up their intraday gains and closed in the red. The $S&P 500(.SPX)$ fell 1.2% and below 5,100 points, marking a 2.6% decline over two trading sessions - the steepest drop in more than a year.Additionally, the $DJIA(.DJI)$ dipped 0.7%, and the $NASDAQ(.IXIC)$ tumbled 1.8%, with large-cap tech stocks taking the lead in the sell-off. $Microsoft(MSFT)$$Apple(AAPL)$ and $NVIDIA Corp(NVDA)$ were among the top losers in the interest rate-sensitive tech sector.Almost all the stocks in the
🚨💥 Iran-Israel Conflict: Gold vs. U.S. Treasuries for Assets?
📅 On April 1st, tensions flared as 🇮🇱 Israel targeted the Iranian consulate in Damascus; 🇮🇷 Iran retaliated with a barrage of missiles and drones on the night of April 13th to 14th, an event that caught 🌍 the world's attention. To prevent a spiral into a cycle of violence, Western governments issued 🔴 red alerts. An escalation into a full-scale regional conflict could have devastating global effects.Led by the United States, Western countries condemned Iran's actions. The international response varied:Turkey urged Iran to prevent further escalation; China adopted a policy of appeasement; 🇷🇺 the Russian Foreign Ministry called for "restraint" from all parties; and Syria, an ally, emphasized Iran's "right to self-defense."🌐📉 The Middle East's unrest has global implications, affecting capital
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
$Tesla Motors(TSLA)$ It was a bit touchy after Musk's tweet about Robotaxi but once the price manipulators ran out of steam, and when people had a chance to analyse what was said (i.e. Reuter was not lying - Cheap Tesla shelved, and, Robotaxi Is too far away to monitise and will likely end up like Cybertruck - failure) Tesla stock price resumed the downward slide. Tesla has broken the $164 support. Next defense is $150. But I think that will easily be breached once the current Tesla defenders from yesterday also run out of steam.
🎁 Will Bitcoin Halving Herald a Bull Market? How to Invest Now?
[Cool] Hi Tigers,Bitcoin halving expected this Friday! 🆒 It's Bitcoin's fourth halving event since its inception![Allin]This milestone is undoubtedly the recent headline in the cryptocurrency world! [666]Market expects huge impact on Bitcoin price, possibly leading to a bull market![YoYo]How will the Bitcoin halving affect the price trend of Bitcoin? Let's first look at history.Looking back, every time the halving cycle arrives, the price of Bitcoin has experienced significant increases, bringing lucrative returns for investors.Source: Wallstreet JournalFrom the chart, we can clearly observe the following data:In 2012, Bitcoin experienced its first halving. Subsequently, its price surged from $12 to $1156, a staggering increase of 9375%, which lasted for about a year.By 2016, Bitcoin saw i
Gold has outperformed 10-year Treasury bonds in cumulative returns over the past 40 years
Traditionally, when US bond yields rise, the returns on dollar-denominated assets tend to increase accordingly. This boosts the attractiveness of dollar-denominated assets, attracting more capital into them and thus driving up the value of the dollar. A stronger dollar diminishes the appeal of gold priced in dollars because holding dollar-denominated assets yields higher returns at that time, thereby increasing the opportunity cost of holding gold. Furthermore, a stronger dollar also lowers the price of gold priced in other currencies, further suppressing demand for gold. Therefore, rising US bond yields typically exert pressure on gold prices, constituting an important bearish factor for $Gold - main 2406(GCmain)$ 📉.Conversely, when US bond
Tesla Lays Off Over 10% of Workforce, Announces Leadership Departures $Tesla Motors(TSLA)$ recently announced a major shakeup, including layoffs and leadership departures, as the company looks to streamline operations and prepare for future growth. Two high-ranking executives, Drew Baglino and Rohan Patel, announced their departures from Tesla. Baglino, who had been with the company since its early days, served as Senior Vice President for Powertrain and Energy Engineering. Patel joined Tesla in 2016 after working in the Obama administration on climate and energy issues. Both executives played significant roles in Tesla's battery and vehicle manufacturing efforts, as well as its transition into a global EV leader. Drew Baglino Rohan Patel Tesla al