π Tesla is under investigation for misleading investors and consumers about the capabilities of its electric vehicles' self-driving features, potentially committing securities or wire fraud. Tesla's Autopilot and Full Self-Driving systems assist with steering, braking, and lane changes, but they are not fully autonomous. A look at his track record, we can conclude Elon Musk is both good at creating miracles and painting Big pies in the sky, depending on the reference time you look at him.
Hello everyone! Today I want to share some macro information with you!1. $XAU/USD(XAUUSD.FOREX)$ touches pressure near 2320 again, continues to maintain downward trendοΌImage2.Sell orders at 2315-18 managed to reach TP,and touched 2303 support, in line with my strategy for Asian markets! I task Gold to fall further today and will fall below 2300! $Gold - main 2406(GCmain)$$XAU/USD(XAUUSD.FOREX)$ ImageFollow me to learn more about analysis!!https://twitter.com/TradersXauusd
Hello everyone! Today I want to share some option strategies with you!1.Took the following optionselling trades: β«οΈ Sell-to-open $Trade Desk Inc.(TTD)$ May 10 exp 67 strike put β«οΈ Sell-to-open $AppLovin Corporation(APP)$ June 21 exp 50 strike put Looking to execute the following before market close: β«οΈ Sell-to-open $Airbnb, Inc.(ABNB)$ strangle - May 10 exp 130p & 187.5c strikes β«οΈ Sell-to-open $ARM Holdings Ltd(ARM)$ strangle - May 10 exp 77p & 165c (or higher) strikes2. $Marathon Digital Holdings Inc(MARA)$ is announcing earnings after the close tomorrow. This is the load
Crude Oil Prices Rise Amid U.S. Inventory Draw and Strong Refining Activity
Overview Crude oil prices experienced a modest increase on Wednesday, buoyed by data indicating a decline in U.S. crude stockpiles and stronger refining activity. Brent crude oil futures rose by 0.5%, settling at US$83.58 a barrel, while U.S. West Texas Intermediate (WTI) crude futures increased by 0.8%, settling at US$78.99 a barrel. However, a stronger dollar has capped gains and exerted downward pressure on oil prices. U.S. Crude Stockpiles and Refinery Activity U.S. crude inventories fell by 1.4 million barrels to 459.5 million barrels last week, as per government data. This decline was attributed to improved refining activity and increased exports. Refinery utilization rates rose by 1 percentage point to 88.5% of total capacity, although still lower than the 91% rate recorded a year
Overview Tesla, Inc. $Tesla Motors(TSLA)$ finds itself under intense scrutiny as U.S. prosecutors investigate potential securities or wire fraud related to its electric vehiclesβ self-driving capabilities. The investigation stems from concerns over whether Tesla and CEO Elon Musk misled investors and consumers about the autonomy of its Autopilot and Full Self-Driving systems. As Tesla's stock struggles this year, the company's pivot to focus on self-driving technology raises questions about its long-term growth strategy and potential legal challenges. Tesla Under the Microscope The U.S. Department of Justice is exploring Teslaβs potential involvement in wire fraud due to possible deceptive interstate com
Tracking Pelosiβs Trades: A Strategy for Success in the Stock Market?
Pelosi's recent trades include an increase in her position in Palo Alto Networks $Palo Alto Networks(PANW)$ after its stock plummeted following a disappointing earnings report in February. Her purchases occurred at an average of about $283 per share in late February and early April. Since then, the stock has rallied to more than $303 per share, marking its fourth consecutive day of gains. Barclays analysts also recently expressed optimism about Palo Alto Networks, noting that the company's upcoming earnings report may rebuild confidence among investors. This positive outlook aligns with Pelosi's move to buy more shares at a discount, suggesting she shares the analysts' confidence in the company's potential for recovery. Insights and F
I have a bad lesson and experience on Meme Stock. BBIG stock is one of it, i invested and end out delist on US Exchange. That goes my money and cannot do anything. Sell also die and Don't sell also die. When come to AMC, I rather don't touch. Looking for dividend stock or good fundamental or good future product or continue to have good storyline/good news.
$T-REX 2X INVERSE TESLA DAILY TARGET ETF(TSLZ)$ I slept in so this is the only opportunity I could see quickly. Ah well, I used $10 free Tiger voucher reward and no transaction fee so might buy me half a coffee βοΈ. Cheers all and have great Friday Eve π Feeling like the stock will turn tomorrow/next week and start heading towards $230 so will look at entering $T-REX 2X LONG TESLA DAILY TARGET ETF(TSLT)$ or common stock $Tesla Motors(TSLA)$ dependent on my cash reserves/aka play money π€
Two memes - Potential rebound π² - Technical Analysis
For meme stocks, I would like to continue my weekly review on AMC and FFIE, through technical analysis. AMC AMC traded more than 11% lower early last week after the company revealed preliminary, unaudited first quarter financial results along with a warning about the continued negative impact of the dual 2023 Hollywood writers and actors strikes on box office returns. The company will report its full financial results for the first quarter after the stock market closes on Wednesday, May 8, 2024. AMC daily chart For AMC chart, we can observe that the stock forms a higher low recently and currently well supported above 2.90 USD. Everything seems to be healthy now. Next week earnings will be a key decider for the stock price. I choose to vote bullish for
Investment Reflection on Palantir Cash-Secured Put Option
I recently sold one contract of Palantir cash-secured put option with a strike price of USD20 and a maturity date of 21 June 2024 for USD71. This investment decision is based on my analysis of Palantir's strong performance and potential future growth, particularly in light of its recent partnership with Oracle. Analysis of Palantir's Financial Performance Palantir's $Palantir Technologies Inc.(PLTR)$ financials demonstrate a robust growth trajectory. The company's stock has seen an impressive 214.84% growth over the past year, suggesting strong market confidence in its future prospects. Notably, Palantir's constant positive year-over-year quarterly revenue growth in 2023 indicates its ability to generate susta
Investment Reflection on C3.ai Cash Secured Put Option Roll
Context and Market Position: - C3.ai, Inc. $C3.ai, Inc.(AI)$ closed the latest trading day at $24.76, representing a slight decline of 0.04% from the previous session. The company's recent stock performance lagged behind broader market indices, such as the S&P 500 and Dow, while the technology-dominated Nasdaq experienced a marginal decrease. - Over the past month, C3.ai shares have depreciated by 0.8%, underperforming both the Computer and Technology sector's gain and the broader market performance. Company Outlook: - Investors are anticipating the company's upcoming earnings release on May 29, 2024. The forecasted EPS of -$0.31 represents a substantial 138.46% downward movement from the same quarter
$Tesla Motors(TSLA)$ For me, Elon Musk posseses both the criteria, a person who can create miracles and also paint "pies" in the sky. The pies that he paints do not get achieved within the promised timeframe due to his over optimistic character, but most of his promises still get accomplished over some time. Throughout the years, Elon Musk is known for his ability to quickly adapt and adjust his plans according to changing circumstances. He is not afraid of taking risks, and he is willing to make decisions that are in the best interest of the company, even if it means going against conventional wisdom or popular opinion. This flexibility allows him to stay ahead of the curve and stay competitive in
Cosmic Ascension: Apple's Trajectory to Stellar Heights
As an investor like many, I'm curious about Apple's trajectory post its quarterly earnings report. The burning question echoing through the financial universe is whether Apple Inc. ($Apple(AAPL)$) can keep soaring amid the chaos of competition and market roller coasters. Let's take a quirky detour into what might propel Apple's spaceship even further after this quarter's report. Firstly, Apple's trajectory isn't just dictated by its own gravitational pull. It's like a cosmic dance with market trends, consumer whims, macroeconomics doing the salsa, and industry-specific cha-chas. Picture this: Apple's stock doing a moonwalk after major events, tempting investors to wonder if they'll unveil a secret AI-powered rocket booster. Peering into the futur
$NIO Inc.(NIO)$Again and again, the trend toward the 10βs is unstoppable, buy the dips and hold to make dollars ..Shorts will be hitting this board with same rhetoric at 10-20-30, real NIO investors will win and win big !![Sly][Sly][Sly]Will be up 80% when the ONVO and FIREFLY comes out and will sell below $30K. Meantime expect another 15K deliveries this month, lol