To The Moon

Gold prices experienced a notable decline of over 1% on Monday, influenced by easing concerns over a broader conflict in the Middle East. This reduction in geopolitical tensions lessened the safe-haven appeal of gold, leading to a decrease in its value. Additionally, market participants are awaiting the release of a key U.S. inflation report later this week, which may offer clues on future interest rate movements and potentially influence gold prices further. As of 0716 GMT, spot gold was down by 1.4% and trading at $2,357.19 per ounce. Meanwhile, U.S. gold futures fell by 1.8% to $2,371.00. This decline in gold prices can be partially attributed to the situation in the Middle East. Specifically, Tehran played down Israel's retaliatory drone strike against Iran, which seemed to be a move a

This week we have: 1. Four Magnificent 7 companies report earnings: Microsoft, Google, Meta, and Tesla 2. Nvidia, $NVDA, officially down 20% from its peak 3. Super Micro Computer, $SMCI, down nearly 50% from its peak 4. March PCE inflation data is reported What’s your boldest prediction for the week? Earnings season is about to take recent volatility up a notch. If big tech cannot perform well this earnings season, $SPX will enter correction territory. There’s a lot on the line and it begins this week.

It was many times over in terms of P/E to start off with, so now is the time to reflect the true value of TSLA considering all these headwinds which are still ongoing. It may continue to drop further but still within the approximate value of its share.

Tesla just cut the prices of 3 models by $2000 worldwide so they aren't focusing on margins. Gross auto margin % will go down further and hasn't reached bottom yet. So far Tesla hasn't found any strategy against the weak global demand for their aging cars and limited line-up.

$Tesla Motors(TSLA)$   Dont forget that there is an option to short too!

$Bilibili Inc.(BILI)$  and $Roblox Corporation(RBLX)$  both have experiencing up and down for a four consecutive weeks alternating move, which have exceeded its one standard deviations price run. Both Bilibili and Roblox end the last trading session with a bearish bar. In order to break the alternating trend, it has to be a bearish bar this week. Standard deviation (SD) is a statistical measure that indicates how much a stock's price typically deviates from its average price. A price movement exceeding one, two or more SD suggests a more significant deviation than usual, potential

I opened 1 lot(s) $AMD 20240426 157.5 CALL$  ,1st covered call on this lot of AMD that was just assigned last Friday. Selling this short dated contract to mitigate the earnings that’s just around the corner. If by week end, the stock ended above 157.5, am happy with the difference made in just in a week.

I think$NVIDIA Corp(NVDA)$  will have slight movement today as those traders or investors were all in since 9April. One of friends went in 50 units at 840. End of 9Apr, he has a small gain. I have no clue if he has DCA or cut loss. Anyway, he is HNW and he afford to loss the money.  The company needs a strong boost before it can hit 840 again.  Good luck to those who are in it.[Bless] [Bless] [Bless]  

$SE 20240517 60.0 CALL$  $Sea Ltd(SE)$   There she goes.. dududududu.. there she goes again![Cool]  $SE 20240517 60.0 CALL$  $Sea Ltd(SE)$  https://www.investors.com/news/technology/sea-stock-se-analyst-upgrade/

My guess s $Tesla Motors(TSLA)$ will report a weaker than expected result and with the macro economic challenges and EPS, this stock have more downside than upside, I will only look at this stock when it fall below US100. Trade with care my friends.

$WTI Crude Oil - main 2406(CLmain)$  $United States Oil Fund LP(USO)$  The US is officially the largest oil producer in the world, and it's not even close. Currently, the US is producing 12.9 million barrels per day of crude oil. This is nearly 30% more than the 10.1 million barrels per day that Russia produces and 33% more than Saudi Arabia. In fact, the US alone pumps 45% of the output produced by the entire OPEC combined. Furthermore, the US now produces nearly 4 TIMES as much oil as Brazil. Truly remarkable.

$ocbc bank(O39.SI)$  OCBC (O39): Soaring High and Rewarding Investors OCBC might not be dominating the headlines today, April 23, 2024, but there's plenty of positive news for investors. Reaching New Peaks: OCBC's stock price recently achieved a historic high of $13.95, a strong indicator for its future. This follows a period of recovery, with their net profit for Q3 FY2024 (ended Dec 2023) showing a significant 41.9% year-on-year increase. Analyst Confidence: Financial experts are optimistic about OCBC's future. Brokerage firms like CGS-CIMB have raised their target price due to expected improvements in profitability. This positive sentiment reflects a broader outlook for Singaporean companies in the financial sec

$Netflix(NFLX)$ Don't worry, after every "bad" earnings dip there is a steep and high spike. Look at the chart Netflix is doing fine, they make money and they will keep on making money. Mobile games and experience houses are try outs for cloud gaming and themeparksWhen everyone realizes there’s not much difference in reporting revenue and subscribers people won’t even think about the number of subscribers.

$Meta Platforms, Inc.(META)$   [AI Wars continues] The AI wars continues as Meta releases its Llama3 into WhatsApp Facebook and instagram and I must say I am impressed. Recently, Alphabet mentioned that it's Gemini 1.5 outpaced ChatGPT 8x in one article and I was itching to get it. However with Llama3 outpacing Gemini1.5, it looks like the crazy AI race has just began. The upside 🚀 With now 5 AI tools in my phone (including Tiger AI) and 2 fully paid AI in my workplace, I can imagine the crazy speed of how things will evolve in the next 3-5 years. My work administration clearing of emails and text is significantly reduced with Co-Pilot. ChatGPT impressed me with travel itinerary planning recently for my upcoming

$Meta Platforms, Inc.(META)$  This is holding the bottom of the gold bands at $473 and bouncing. It needs over $480.  💰💰💰Earnings are on Wednesday 👀

$Visa(V)$ $MasterCard(MA)$ $American Express(AXP)$ $Discover(DFS)$  💵💸💳 Financial Turbulence: Discover Financial Witnesses Alarming Surge in Credit Card Delinquencies 💳💸💵 Recent data from Reventure reveals a startling development at Discover Financial, one of America's premier credit card issuers. Delinquency rates, a pivotal metric indicating financial strain among borrowers, have surged to levels reminiscent of the tumultuous year of 2008. During the first quarter of 2024, Discover witnessed a notable escalation in credit card delinquency rates, catapulting from a modest 4.7% to a concerning 5.7%. To contextualize this s