$Tesla Motors(TSLA)$ The trader who sold the 185 calls last week has rolled their position to next week's expiration, continuing to sell calls. Can you guess which strike they sold? $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ In my article on Monday, I mentioned the broad market would likely trade sideways these two weeks into 5/17 expiration. But after 5/17, we have Nvidia's earnings. The semiconductor sector has been rangebound near-term but with upside expectations further out. I noticed a trade in SOXL a couple days ago that aligns with this view:Sell $SOXL 20240517 47.0 CALL$ Buy
Upside Seen Opening Up in Third Week of May, June Put Buying Continues
Data showing a cooling jobs market revived hopes for Fed rate cuts later this year, boosting U.S. stocks. Home Depot and Caterpillar led the rally as the Dow notched its longest winning streak since December 2022 with 9 straight gains.Options market data suggested the S&P 500 ETF may have topped out around 521, with expectations for a decline of over 1.9% priced in by June 21 expiration. For QQQ, near-term upside was adjusted higher while longer-dated put buying continued. The small-cap Russell 2000 saw room for more upside into late May, with expectations capping gains in IWM below 6.8% by May 24.Details:The $SPDR S&P 500 ETF Trust(SPY)$ saw open call interest rise 2.3% over the past 5 days. Open put contracts increased 3.9% over the same
$Palantir Technologies Inc.(PLTR)$Although it is coming off a disappointing earnings report, based on technical analysis, Palantir is poised to return to about the $23 level, representing an 8.91% increase from current prices (more if you use call options). Here's the reasoning behind my idea: 1. First off, we look at history. As depicted by the drawings, Palantir is at a very crucial and strong level of support. The area that the stock is in right now has constantly proved to be a solid area for the stock to regroup and begin climbing. This was demonstrated today, further solidifying that area as support (see yellow wick). That is a reassuring sign that it will not fall further, as long as no significantly bad news come
Statistically. On Thu, 9 May 2024, $Amazon.com(AMZN)$ reached an all-time high. The stock gained under 1.0% to close at $189.50 per share, its first record close since early April 2024. Shares for Amazon have steadily climbed since the Seattle-based tech giant posted strong Q1 2024 earnings on 30 Apr 2024. In fact, according to Dow Jones market data, AMZN shares have gained 6 out of the last 7 trading days. Q1 2024 Earnings: AMZN’s two metrics easily beat Analysts’ average estimates. (see below) Earnings per share: $0.98 vs $0.83 cents expected by LSEG. YoY EPS gained +216%. Revenue: $143.3 billion vs $142.5 billion expected by LSEG. YoY, sales were up +13%. Equally important (if not more), the IT giant’s Amazon Web Services (AWS) business also
$Solventum(SOLV)$, the healthcare spin-off from $3M(MMM)$, recently released its first-quarter earnings report. While the headline numbers weren't disastrous, they did little to inspire confidence, leading me to seriously consider divesting my shares. Solventum reported flat to slightly positive sales growth, which is underwhelming considering their addressable market is estimated to be growing at 6% annually. This suggests they are failing to capture their fair share of the market. Despite this lackluster performance, Solventum boasts ambitious growth plans, including improving market share, evolving their sales model, and launching new products. However, the details surrounding these plans are scarce, m
🎁Track Q124 13F: Share Your Trusted Institutional Additions📈
[Cool]As 13F filings continue to roll in, they offer a valuable window into institutional investment trends in the stock market. These documents, initially submitted at the start of the previous month, will be ongoing through mid-May.[Miser] 🔍 Share Your Trusted Institutional Additions 🏦Are you aware of any institutions that have recently added new positions which you have confidence in? share your findingsWe invite you to share your findings under the two format as follow to win more rewards.🎁Example 1 : A Chart + New Buys with TickersJeff Auxier's portfolio saw the addition of three new stocks in this quarter:Textainer Group Holdings Summary of New Buys: $JPMorgan Chase(JPM)$ was the most significant new addition with 1,163 shares, representing 0
🌟Top Leverage & Inverse ETFs — 2024 Popular Trading Themes to Watch 📈
🐯Hi Tigers,Below are some slides from Grace Chiu, Direxion Managine Director Asia, from her live sharing on May 7th. She explained the basics of leveraged and inverse ETFs in a very impressive and detailed way. She also highlighted some catalysts that could impact the US equity market in 2024.click here to listen to the part that interests you.Below are 8 slides for Tigers, 🎁Bonus for reading >> In the bottom, we collect all the popular L&I ETFs (Tickers in Detial)for various popular themes that traders worth looking at. 🔥🚨Disclaimer: All material is for educational purposes only.1.Key insights shared in the LIVE2. Basics of Leveraged
How much of your budget do you allocate to trading?
When someone asks what investors spend the most money 💵💵 on each month, it's undoubtedly the stock market.Some say that investors are thrifty in real life, reluctant to spend an extra penny, but they spend lavishly in the stock market. When planning monthly expenses, they allocate just a bit 🤏 for food and put most money into the stock market and banks.I heard that a friend remains calm when his stock account fluctuates tens of thousands of dollars overnight. In real life, if he wants to buy a $50 chair, he hesitates and thinks it’s a little bit expensive. $Tiger Brokers(TIGR)$ How do you allocate your monthly budget? How much of your budget do you allocate to trading?Leave your comments and also post to win tiger coins~~
$NVIDIA Corp(NVDA)$PLEASE stay at $904 by open!!!UP $17 in a few early morning QE minutes, when earnings for the past 3 months/90 daysis around $5 as per 13 analysts?? PUMPED $150 in days on no material news? Is there anydoubt all a fraud FED QE induced interest rate rigging, record debt/inflation creation, largestPONZI CREDIT BUBBLE in American history!!! Printing press reserve currency destroyinggreedy entitled FED cowards SHAME on you for stealing from savers and causing massiveinflation for 6 out of 10 Americans working paycheck to paycheck in an elite QE scheme tocreate free, unearned wealth for the wealthiest!
$Apple(AAPL)$ Do you know that demographics is on Apple's side?Population is growing. Means there are more people being born than dying off. Means there are more young people than old people. And young people love Apple.You do the math.Upgrade cycles are expanding for technology. People used to upgrade every 2-3 years are now waiting 4-5 years as innovation has stalled. People don't need an M4 chip and OLED display to watch YouTube on their iPad for thousands of dollars, their 5-year old one works fine.I also just use my ipad for watching youtube, tbh. But dont underestimate Apple's ability to tie all their products together. The greatness of the iphone lies in its portability, but ipad's strength is in screen real estim
$Tesla Motors(TSLA)$Musk cancels Model 2. TSLA tanks. Musk annouces "cheaper" Tesla. TSLA soars. "Cheaper" Tesla is just a stripped down slow selling Model 3. TSLA tanks. Tesla to build 1 billion (with a "B") Optimus robots by 2023. TSLA rises. Musk fires entire 500 Supercharger team. TSLA tanks. Musk claims Tesla will speed 500 milion expanding Superchargers (not sure who will implement, all were fired). But still, TSLA gains. Musk is like a seasoned politician in the summer of an election year. So shareholders, what would you like to hear today? Use your imagination, it doesn't need to be true.
$Warner Bros. Discovery(WBD)$’s first-quarter results presented a complex picture for investors. The company fell short of analyst expectations on both revenue and earnings per share, casting a shadow over the report. However, beneath the surface, there were developments that warrant a closer look. WBD's commitment to financial discipline is a positive takeaway. Their cash position improved significantly, with free cash flow exceeding expectations. This newfound financial breathing room is crucial, especially considering the debt burden they inherited from the merger. The company's debt repayment plan and their continued focus on reducing their liabilities are commendable efforts that should position them for a more stable future. On the streaming
Lyft vs. Uber: Investment Showdown Lyft * Average Analyst Price Target: $16.50 (slightly below current price) * Recent Performance: Up 6% after positive earnings report * Market Share: Lower than Uber (around 28%) Uber * Average Analyst Price Target: $89.44 (significantly above current price) * Recent Performance: Down 6% despite positive earnings report * Market Share: Dominant in US market (around 72%) Based on the information above, Uber seems like a more attractive investment opportunity. Here's why: * Higher Upside Potential: Analyst price targets suggest Uber has much more room for growth compared to Lyft. * Stronger Market Share: Uber controls a significantly larger portion of the US ride-hailing market, giving them a stronger foundation. * Positive Earnings Report: Despite th
As I sit down to ponder the latest news swirling around the stock market, the staggering figure catches my eye: Nancy Pelosi reportedly raking in a whopping $7.01 million in just one week of trading. That's an eye-popping $1 million a day! The temptation to follow in her footsteps and mirror her trades is undeniable, but is it truly a recipe for success? While Nancy Pelosi's trading prowess may be impressive, blindly following her trades isn't necessarily a guaranteed path to riches. After all, what works for one investor may not work for another, and individual financial goals and risk tolerances play a significant role in shaping investment strategies. Additionally, the notion of insider trading looms large when considering the trading activities of high-profile figures like Pelosi. Whil
What to Know: Warren Buffett recently sold a large stake in Apple $Apple(AAPL)$ in the first quarter of 2024. His Apple stake decreased from 906 million shares (as of the end of December 2023) to approximately 790 million shares (as of the end of March 2024), representing a decrease of nearly 13% in Apple stake. Despite the reduction, Apple remained Berkshire's largest holding as of the end of March 2024, and Buffett stated that Apple would likely remain Berkshire's largest holding at year-end. Reason for Selling: Buffett sold Apple to mitigate a potentially higher tax bill, as he believes the US will increase taxes to fund the growing US fiscal deficit. Conclusion: I don't believe Warren Buffett's decision was solely based on
$Rivian Automotive, Inc.(RIVN)$ Rivian reported $39,000 loss per vehicle. The breakdown was:~$15,000 in depreciation. I don't believe this is a cash loss. This absolutely affects lease prices, but I'm not sure in what meaningful way it is tantamount to a real loss.~$1700 in stock option loss. This is a loss for shareholders but it's a small percent of total loss per vehicle.~$9,500 in loss prior to cost improvement via new suppliers and more cost efficient equipment. This should be a cost reduction Q2 onward. This should also reduce depreciation (according to Rivian).This is the breakdown. Rivian is making the case the real loss Q2 moving forward should be ~$13k. I don't fully understand the depreciation expense. If depreciation is not a real loss
Downward Pressure Persists: GME, NQ, and RTY Face Bearish Trends
Hello everyone! Today I want to share some technical analysis with you! 1. $E-mini Russell 2000 - main 2406(RTYmain)$ A little flag action on the daily candle chart.Image2. $E-mini Nasdaq 100 - main 2406(NQmain)$ Having some trouble at this diagonal trend zone this morning (30-minute candle).Image3.If $GameStop(GME)$ is making big moves, this could very much be next on the list.ImageFollow me to learn more about analysis!!https://twitter.com/Jake__Wujastyk
$Apple(AAPL)$ Money is flowing into Apple because the China iphone sales drama was wrong, they are announcing an AI innotiative, there is a chance they buy Rivian, and the iphone 16 AI super cycle. The vision pro is also just in the beginning and has no many pratcial and entertainment benefits.