Due to the partial geopolitical premium loss stemming from tensions between Iran and Israel, the largest oil ETF, the United States Oil Fund, announced its largest single-day outflow ever recorded.The withdrawal amounted to $376 million, surpassing the previous record set in 2009 of $323 million. Prior to this, similar significant inflows were seen over the first two trading days.Since Iran launched over 300 drones and missiles at Israeli military targets, oil prices have surged, experiencing new fluctuations over the weekend reportedly due to retaliatory strikes by Israel against the Islamic Republic.U.S. crude oil futures prices are approximately $5 lower than before the attacks, indicating that while the political situation remains tense, the oil market has become more optimistic about
[Stock Prediction] How will AMD close Wed 01/05 following their earnings?
Click to vote. Guess how $Advanced Micro Devices(AMD)$ will close Wednesday 01/05 following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Advanced Micro Devices(AMD)$ stock has been a big winner over the past few years: Bolstered by the sentiment tailwind associated with GenAI, the shares have returned approximately 63%, compared to a gain of less than 20% for the S&P 500 (SP500), a 3x out-performance. AMD is set to share its financial performance for the first quarter of 2024 after the bell on Tuesday, 30 April 2024.Analysts expect AMD’s revenue to come in at $5.449 billion and adjusted net income to be $989 million. Adjusted earnings are likely to b
🌟🌟🌟While it would be nice to make 1 million dollars overnight, in life the odds of it happening is like finding a needle in a hay stack. To me investing is a slow and steady process of holding quality stocks that tick the core fundamentals of profitability, rock solid balance sheet and an excellent management team over a long horizon. With magic of compounding, that is how I would achieve my million dollars. And that is how Warren Buffett likes to do it too and he is a Billionaire. @Meme_Tiger @TigerStars
[A guide to making 1 million dollars] [Allin] [USD] Firstly, making your first 1 million dollars is a very significant achievement that often involves a combination of persistent hard work, determination, and strategic financial planning, and that is if, you worked hard for each and every penny yourself. So, work or invest? [Doubt] [Miser] Instead of work or invest, why not work AND invest? Working at a job generates income, and investing requires money. Hence, aren't they somewhat corelated? Working and investing simultaneously can be a very effective strategy for building wealth over time. Firstly, you can plan out your budget and set financial goals. Determine how much you want to save, and invest from your monthly
Hey Tigers!I am Tiger Observer, sharing market information with you! 🔎🔎🔎I will post the 10 most searched stocks on the Tiger Trade app. Don't miss my updates!!!Weekly movers: $NVIDIA Corp(NVDA)$ After last week Nvidia's 13.59% plunge, is it an opportunity or a risk?Tiger’s view @melson$NVIDIA Corp(NVDA)$ is the leader of the generative ai rally. it is very close to closing a gap at 689. the pnf chart shows it is on a downtrend with red circles. the next support is 728, Fibonacci retrace
NVIDIA (NVDA) Buying The Dips After Elliott Wave Double Three Pattern
NVIDIA (NVDA) Buying The Dips After Elliott Wave Double Three Pattern April 26, 2024 By EWF Vlada Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of NVIDIA (NVDA) Stock published in members area of the website. Our members are aware of the numerous positive trading setups we’ve had among Stocks and Indices recently. One of them is NVIDIA , which made a pullback, that unfolded as an Elliott Wave Double Three Pattern. It completed clear 7 swings from the peak on March 8th peak and concluded the correction right at the Equal Legs zone (Blue Box Area). In the following text, we’ll delve into the Elliott Wave pattern and trading setup. Before we take a look at the real market example, let’s explain Elliott Wave Double Three pattern. E
Elliott Wave Analysis Favors DAX to Extend Higher April 26, 2024 By EWFHendra Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there, wave (4) unfolded as a double three Elliott Wave structure. Down from wave (3), wave ((w)) ended at 18088.03 and wave ((x)) ended at 18326.37. Wave ((y)) lower ended at 17864.69 which completed wave W in higher degree. Wave X rally ended at 18191.95 with internal subdivision as expanded flat. The Index then extended lower in wave Y towards 17621.66 which completed wave (4). The Index has turned higher in wave (5). Up
This week began with a bounce in the tech sector, The telltale sign? A tech candle on Friday with its entire body situated below the Bollinger Band + RSI at 30. All of these observations were highlighted over the weekend. $S&P 500(.SPX)$$SPDR S&P 500 ETF Trust(SPY)$ Looking Ahead: Can the Rally Continue?While the daily candle doesn't necessarily signal a reversal, there are a few hurdles to consider:ℹ️Unfilled Gap at $5,057: This gap represents a zone of price discontinuity that needs to be filled for a cleaner uptrend.ℹ️Double Resistance at $5,110 and 20DMA. Overcoming both hurdles swiftly would strengthen the bullish continuation case.If the rally jumps above those resistance levels, $5,192 beco
Once again, $Tesla Motors(TSLA)$ price is nearing the 50DMA, the bullish Stochastic crossover is validating the bounce, and it is far from overbought.The chart is posted in Substack with more details and the key S/R levels for next week, also the support to consider bullish continuation next week.The chart is open for everyone, if you subscribed, even for free, you have it in your inbox already.Get access in bio, more posts for everyone will be there.Imagehttps://twitter.com/SmartReversals/status/1783976335250956581
$Alphabet(GOOG)$$Alphabet(GOOGL)$ The cup-with-handle formation and the bottom established on March 8th (when it was a "Commoner" among the Magnificent 7) are developing well.There are two gaps behind, one at $158.28 and other at $144.34.For perspective, the last significant gap that took over a year to fill was opened on February 3rd, 2021. It wasn't until September 2022 that the price action finally closed that gap.Will momentum last long and will this be filled until the next bear market?Imagehttps://twitter.com/SmartReversals/status/1784011342111780882
1. $AbbVie(ABBV)$ ABBV 1Q returns to top line growth 1Q YoYRevenue +0.7% ($12.3 B, above guidance) Humira -36% Skyrizi +48% Rinvoq +59%Net income +473%Dil. EPS +492% (adj -6%) Raises Adj. dil. EPS guidance for FY24 from $10.97 - $11.17 to $11.13 - $11.33ABBV 1Q highlightReturning to revenue growth a year after Humira lost exclusivity in the USHumira in FY22 was the highest selling drug in the worldImage2. $Intel(INTC)$ INTC 1Q Data center-10% (DCAI+Altera combined) YoYImageINTC modified the segment reporting lineDCAI 2023 = in 2024 to (DCAI+Altera)Imagehttps://twitter.com/DividendWave/status/1783825440299204782
New Incentives to Trade Old Cars for New, May Boost EV Sales
🌟🌟🌟The Chinese authorities have just issued a new policy to encourage consumers to trade in old cars for new ones, with subsidies of up to RMB 10,000 (USD 1380) as part of an effort to stimulate consumption. The subsidy is for RMB 10,000 for those customers with fuel passenger cars with China 3 or lower emission standards or new energy passenger cars registered before April 30, 2018 and who purchase new passenger cars that meet the energy saving requirements. They are then eligible for a 1 time fixed subsidy between April 24 and December 31 2024. According to Topsperity Securities, the policy is expected to generate incremental sales of 400,000 to 800,000 units of New Energy passenger cars and 600,000 to 1.2 million of Fuel Passenger Cars. It is
Hello everyone! Today I want to share some technical analysis with you!The stocks are as follow: $Advanced Micro Devices(AMD)$ Strong end to the week for AMD ahead of Tuesday's Q1 earnings report. We've built up a large volume shelf around $178, bulls don't want to see this turn into resistance.Image $Alphabet(GOOG)$ the star of the show this week after strong earnings, first dividend and $70 billion buyback 💸 Trailing P/E still historically low -- A great sign for investors. Image $Globe Life Inc.(GL)$ After a -50% haircut in one day on allegations of insurance fraud, insiders at Globe Life are starting to buy the dip. 4 different insiders bought shares this week
Hello everyone! Today I want to share some macro analysis with you! Hope it can help you!1.Friday (April 26) gold prices rose significantly. However, the current market generally tends to be bearish on the outlook for gold, with the main concern being that inflation could trigger monetary tightening if it is not effectively controlled. The gold market is at risk of its first weekly decline in six weeks, a trend that reflects easing market sentiment and a shift in expectations for U.S. monetary policy. At the same time, recent economic data releases in the United States are showing mixed signals and increasing market volatility. $Gold - main 2406(GCmain)$ On the one hand, the data showed a sharp slowdown in economic growth, which usually suppor
On April 26th, there were unusual orders, but looking at a few with especially large trading volumes might not reveal much, because major technology companies happened to release their financial reports that week, and it was also Friday, so some investors would adjust their positions, roll over contracts, and some would close positions.If more attention is paid to the movements of unclosed orders that are in the money (especially deep in the money), one might be able to detect some large orders.There are investors starting to buy the $55 calls for $Tesla Motors(TSLA)$ with an average price of $20.81, betting on a rise above $170 within a month.After the financial report led to a sharp drop, there are investors who have bottom-fished the $380 calls
Hello Everyone! Today I want to share some trading analysis with you! Hope it can help you!1. $S&P 500(.SPX)$ breaking above 5100... FOMC coming up next week possible we see 5200 again if there's a positive reaction $NVIDIA Corp(NVDA)$ to 900 coming.. mentioned this earlier this week.. Watch this run to 1000 by June ✅ $Coinbase Global, Inc.(COIN)$ earnings next week this can move back to 276+ if there' s a positive reaction2. $NVIDIA Corp(NVDA)$ If you want to grow your account quickly this is the trade you need to wait for FOMC week Trigger: NVDA above 885 Trade idea: NVDA May 17 1000C- currently at $7.50 Target:
Technical Analysis: TSLA, ES_F, NIO, SHOP, HSI& BABA
Hello everyone! Today I want to share some technical analysis with you! Hope it can help you!1. $Alibaba(BABA)$ Which way does this breakout? We've only been waiting like 4 months for this thing to have a pulse.Image2. $HSI(HSI)$ Got a double breakout this week.. the coming weeks may finally get quite interesting.Image3. $Shopify(SHOP)$ Interesting setup going into earnings on May 8th.Image4. $NIO Inc.(NIO)$ Outside bar/bullish engulfing this week. The December pivot VWAP zone ranging from $5.60-$5.93 into May is potential resistance if this decides to move big.Image5. $E-mini S&a