780
Selection
nerdbull1669
·
05-30

Are Stocks Approaching a Correction? Fear Back, Topping Pattern Expected?

The stock market continued to fluctuate on Tuesday and Wednesday, with the S&P 500 index gaining 0.02% compared to last Friday’s closing price. Wednesday (29 May), we saw declined 0.74%. Last Thursday, the market sold off after a higher open, despite NVDA stock rallying by over 9% following its earnings release. On last Friday, the market rebounded, and since then it has been basically moving sideways. I would see this as part of consolidation process after series of good run, but are we seeing fear back in the market? If so, then, is it a topping pattern? S&P 500 Staying Within A Consolidation We saw the $S&P 500(.SPX)$ closing back below the 5,300 level, after losing 0.74%. Last week Friday’s rebound was retraced. Last week, investor
Are Stocks Approaching a Correction? Fear Back, Topping Pattern Expected?
TOPjollyfo: Market goes up and down.. but its bullish and gonna fly high after this correction. Im holding my leaps for coming months
4
Report
964
Selection
Tiger_SG
·
05-30

A Two Men Bagel House Collaboration Exclusive This June!

Dear Tigers[Sly][Sly][Sly]The cat is finally out of the bag. We are launching our very own exclusive bagelwich with Two Men Bagel House this June!In case you didn't know, Tiger Brokers is celebrating its 10th Anniversary this year. And what better way to celebrate a decade of success, than to show our commitment to the local community!Starting from 1 June 2024, get your hands on the exclusive The RAWR! bagelwich, available at ALL TMBH outlets.Sounds yummy?? We assure you it tastes dope!Pssst. Exclusively for Tiger BOSS Debit Card users, enjoy 1-for-1* deal on The RAWR! Bagel. Simply flash your Tiger BOSS debit card at these TMBH outlets!How it works?Head down to any of the TMBH outlets from 8 AM - 3 PM on the following date(s)Present your Tiger BOSS Debit Card (digital/physical) to our Tig
A Two Men Bagel House Collaboration Exclusive This June!
TOPUniverse宇宙: Great article. @Shyon @icycrystal @MHh @melson @LMSunshine @DiAngel @rL @Aqa @Mrzorro @GoodLife99 @SirBahamut @HelenJanet @pekss @Korer @JC888 @xXxZealandxXx
6
Report
747
General
Samlunch
·
05-30
$SPDR S&P 500 ETF Trust(SPY)$   This chart points out how the S&P 500 has behaved since the inverted yield curve. Notice that when the curve steepens, the S&P 500 tends to weaken, and when it further inverts, the S&P 500 has rallied. Currently, it is steepening and if the trend repeats, we will see the S&P 500 go down from here 📉 
$SPDR S&P 500 ETF Trust(SPY)$ This chart points out how the S&P 500 has behaved since the inverted yield curve. Notice that when the curve steepens...
TOPjollyfo: Market goes up and down.. but its bullish and gonna fly high after this correction. Im holding my leaps for coming months
2
Report
3.82K
General
Samlunch
·
05-30
$NVIDIA Corp(NVDA)$  $NVDA buyers continued to step in all day today. Surprised it closed green. Albeit a small green. Now 4 straight complete candlesticks well outside the upper Bollinger Bands. Daily RSI hit 80. Last time RSI was this high was back in March. Stock opened up and the sold off all day for a -11% peak to trough. I have got to imagine we get a red day tomorrow, but I said that about today…
$NVIDIA Corp(NVDA)$ $NVDA buyers continued to step in all day today. Surprised it closed green. Albeit a small green. Now 4 straight complete candl...
TOPdimzy: For the gloom and doom, the SP and Nvidia do not go up in a straight line. But if you look at the history, the trend is up, up, and up!
3
Report
1.38K
General
Terra Incognita
·
05-29
I opened $SMH 20240628 230.0 PUT$  ,SMH: collect 0.85% premium for VanEck Semiconductor ETF on this covered put with target strike at $230 and expiring in 31 days on 28th June. I have several positions on SMH shorts and look to cover them should the ETF have reversals in the coming weeks. Currently most semiconductor counters were beneficiary of the AI tailwind and creating all time highs. Though the ETF looks extended and overbought, it could still continue to move higher on very positive Nvidia earnings and forecast and bring everyone along the ride.
SMH PUT
05-28 22:02
US20240628 230.0
SidePriceRealized P&L
Sell
Open
2.03--
Closed
VanEck Semiconductor ETF
I opened $SMH 20240628 230.0 PUT$ ,SMH: collect 0.85% premium for VanEck Semiconductor ETF on this covered put with target strike at $230 and expir...
TOPAugustineMac-: 🤑 SMH seems overbought, but positive Nvidia earnings might push it further up.
6
Report
1.68K
General
Terra Incognita
·
05-29
I opened $SMCI 20240607 1000.0 CALL$  ,SMCI: collected 1.25% premium for selling this naked call on SMCI with strike at $1000 and over 10 days till expiry on the 7th June. SMCI had actually showing slight bearish movement by consolidating in the past 2 weeks despite very bullish movement on Nvidia which is the proxy for AI themed tailwinds. Will continue to trade cautiously on SMCI on shorter duration due to its high volatility and ATR at about 65 daily.
SMCI CALL
05-28 22:03
US20240607 1000.0
SidePriceRealized P&L
Sell
Open
12.95--
Closed
SUPER MICRO COMPUTER INC
I opened $SMCI 20240607 1000.0 CALL$ ,SMCI: collected 1.25% premium for selling this naked call on SMCI with strike at $1000 and over 10 days till ...
TOPLenaAnne: Trading shorter durations could be a wise move.
3
Report
2.08K
General
Terra Incognita
·
05-29
I opened $PLTR 20240628 19.5 PUT$  ,PLTR: collected 1.45% when sold cash secured put on PLTR with same strike of $19.5 and expiring in 31st days on the 28th June. PLTR seems to be consolidating with most moving averages compressing around the midpoint of $20.5. The selected strike was just a notch above its 200 days MA support and at the next of a large gap fill back to the $17.5 range. Looking for the $20 support to hold the line to continue profit else will either buy in the stock or roll further out depending on market situation and capital liquidity when the decision arises.
PLTR PUT
05-28 23:14
US20240628 19.5
SidePriceRealized P&L
Sell
Open
0.29--
Closed
Palantir Technologies Inc.
I opened $PLTR 20240628 19.5 PUT$ ,PLTR: collected 1.45% when sold cash secured put on PLTR with same strike of $19.5 and expiring in 31st days on ...
TOPJimmyTurner: Long term options are more risky than short term?
3
Report
422
General
Aaronykc
·
05-29
I opened $PLTR 20240628 20.0 PUT$  ,Sold cash secured puts on pltr as it seems to be bouncing off support. If support breaks and price drops I will gladly own pltr at $20 minus the premium I collected by selling this put
PLTR PUT
05-29 21:38
US20240628 20.0
SidePriceRealized P&L
Sell
Open
0.52--
Closed
Palantir Technologies Inc.
I opened $PLTR 20240628 20.0 PUT$ ,Sold cash secured puts on pltr as it seems to be bouncing off support. If support breaks and price drops I will ...
TOPWalterD: yeah $21 seems to be a strong support
1
Report
5.64K
General
Terra Incognita
·
05-29
I opened $GOOG 20240628 180.0 CALL$  ,GOOG: collected 2% premium when sell covered call on GOOG with strike price at $180 and expiring in 31 days on the 28th June. The premium is higher as it’s almost at the money when call was sold. I have been holding this last batch of GOOG shares on lower average cost so happy to get them sold at $180 should GOOG moved higher. If not, the premium collected is acceptable too. $180 resistance seemed to be holding so far so it’s likely to be affected by the general market sentiments to move higher or lower in the coming weeks since earnings for this round was already announced on 25th Apr.
GOOG CALL
05-29 02:44
US20240628 180.0
SidePriceRealized P&L
Sell
Open
3.62--
Closed
Alphabet
I opened $GOOG 20240628 180.0 CALL$ ,GOOG: collected 2% premium when sell covered call on GOOG with strike price at $180 and expiring in 31 days on...
TOPblinky: The $180 resistance level is worth keeping an eye on.
6
Report
2.01K
General
Shyon
·
05-30

Market Highlights 💡- 30 May 2024

* Global markets fall on worries about higher-than-expected U.S. inflation 🇺🇸 S&P 500: -0.74% 📉 🇺🇸 Nasdaq: -0.58% 📉 🇪🇺 Stoxx 600 Index: -1.06% 📉 🇯🇵 Nikkei 225 Index: -0.77% 📉 🇭🇰 Hang Seng Index: -1.72% 📉 🇨🇳 CSI 300 Index: 0.14% 📈 * U.S. markets were broadly lower on Wednesday, with the S&P 500 and Nasdaq Composite down -0.7% and -0.6%, respectively, on a further rise in Treasury yields and concerns about the timing and size of potential rate cuts by the Federal Reserve. * Germany's inflation rate in May was slightly higher than expected, rising 2.8% year-on-year (versus the forecast of 2.7% year-on-year), but economists said the rise in inflation was expected and should not come before European Central Bank policymakers make interest rate decisions next week Cause panic before maki
Market Highlights 💡- 30 May 2024
TOPTigerGPT: Here are some news articles related to the market highlights you mentioned: HP (HPQ) Q2 Earnings and Revenues Surpass Estimates: HP Inc. reported quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.81 per share. The company's revenues for the quarter ended April 2024 also surpassed expectations. Read more HP Inc. Q2 FY24 Earnings: EPS Beats Estimates, Revenue Misses Amid Market Challenges: HP Inc released its 8-K filing for the fiscal second quarter of 2024. The company reported mixed results for the quarter, with earnings per share beating estimates but revenue missing expectations. Read more HP reduces rate of sales declines while looking ahead to AI PC boom: MarketWatch reports that HP has reduced the rate of sales declines and is looking ahead to the AI PC boom. Read more Unfortunately, I couldn't find any news specifically related to Samsung Electronics, the banking industry, or the GDP growth mentioned in the future events. I apologize for the inconvenience. You may consider checking the stock quote page for more relevant information. Please note that the news articles provided are for informational purposes only and do not constitute investment advice. Investing in stocks involves risks, and it's important to conduct thorough research and analysis before making any investment decisions.
5
Report
738
General
mster
·
05-29
I closed 1 lot(s) $AMD 20240531 170.0 CALL$  ,I closed 1 lot(s) $AMD 20240531 170.0 CALL$  ,Buy to close this CC option as the chip stocks are making correction. Down over 4 % seems a tad too steep. Thus expecting AMD May rebound later, will find opportunity to re-enter when the stock price heads back up.
AMD CALL
05-29 21:43
US20240531 170.0
SidePrice | FilledRealized P&L
Buy
Close
1.00
1Lot(s)
+38.66%
Closed
Advanced Micro Devices
I closed 1 lot(s) $AMD 20240531 170.0 CALL$ ,I closed 1 lot(s) $AMD 20240531 170.0 CALL$ ,Buy to close this CC option as the chip stocks are making...
TOPJesseRW: Buy to close you mean?
3
Report
10.24K
General
jace0777
·
05-29
I opened $PLTR 20240614 19.5 PUT$  ,📈 Palantir Technologies is turning heads with an expected earnings of $0.08 per share this quarter, marking a sharp 60% increase from last year—a sign of significant momentum. With earnings estimates for the current fiscal year climbing to $0.33, showing a 32% year-over-year growth, the trajectory is clearly bullish. Looking even further ahead, the forecast for next year stands at $0.40 per share, up 20.8%, indicating steady upward progress. This consistent climb in earnings forecasts makes Palantir an intriguing play for the bullish investor. Furthermore, looking at the dealers' option flow data, we see a good zone of support at $20 (positive GEX + negative VEX), and moderately bullish
PLTR PUT
05-29 21:59
US20240614 19.5
SidePriceRealized P&L
Sell
Open
0.22--
Closed
Palantir Technologies Inc.
I opened $PLTR 20240614 19.5 PUT$ ,📈 Palantir Technologies is turning heads with an expected earnings of $0.08 per share this quarter, marking a sh...
2
Report
2.05K
General
ZEROHERO
·
05-29
I opened $SMCI 20240607 760.0 PUT$  ,Took sell put at 0.2 delta expecting PA to hover above it upon expiry matching NVDA’s stock split or be assigned with shares. Let’s see…
SMCI PUT
05-29 22:21
US20240607 760.0
SidePriceRealized P&L
Sell
Open
11.90--
Closed
SUPER MICRO COMPUTER INC
I opened $SMCI 20240607 760.0 PUT$ ,Took sell put at 0.2 delta expecting PA to hover above it upon expiry matching NVDA’s stock split or be assigne...
TOPsullivan_Rlo: Cash secured put? Rich man…
2
Report
7.69K
General
Terra Incognita
·
05-29
I closed $ANF 20240621 110.0 PUT$  ,ANF: collected 1.55% premium on Abercrombie & Fitch after holding this cash secured put for 9 days. ANF has a 18% pop as of posting after beating analysts estimates by a large margin. The earnings were superb and they have been beating earnings quarter after quarter. Took the chance to take profit on this cash secured put. I’ve a net short position on ANF based on overbought condition and all time high. Will evaluate how to exit/reduce the losing position over time.
ANF PUT
05-29 22:06
US20240621 110.0
SidePriceRealized P&L
Buy
Close
0.15+91.71%
Closed
Abercrombie & Fitch
I closed $ANF 20240621 110.0 PUT$ ,ANF: collected 1.55% premium on Abercrombie & Fitch after holding this cash secured put for 9 days. ANF has a 18...
TOPAlexiaTours: Congrats on profiting from your cash secured put on ANF.
5
Report
1.97K
Selection
MaverickWealthBuilder
·
05-30

Why Salesforce is losing the AI battle?

AI-enabled software industry is facing a "bottleneck", which is $Ceraflex (CRM)$ The market's skepticism following the just-released Q1 results for fiscal year 25 has seen CRM shares post their worst one-day (after-hours) performance since the financial crisis, dropping 16% as revenues and profits fell short of expectations for the first time since the financial crisis of 2008 and as it lowered its guidance for the next quarter. 16%.Overview of performanceRevenue of $9.13 billion, up 11% year-over-year, was below market expectations of $9.15 there, including $8.59 billion in revenue from subscription and support services, a key business that includes AI data plus, which was below market expectations of 12% year-over-year growth.Existin
Why Salesforce is losing the AI battle?
2
Report
553
General
Mess0M
·
05-29
$Palantir Technologies Inc.(PLTR)$ Palantir has provided strong guidance for 2024, expecting revenues between $2.652 billion and $2.668 billion, surpassing analyst expectations. This optimism is largely attributed to the company's advancements in artificial intelligence and increased commercial sector engagement.As of the latest data, Palantir's stock is priced at around $21.01. The stock experienced a substantial increase of 30.8% in a single day following the release of its strong 2024 guidance. However, analysts have mixed views on its future performance, with price targets ranging from $7.50 to $35.00.Palantir Technologies shows promise with its strong revenue growth and profitability, driven by its innovative AI solu
$Palantir Technologies Inc.(PLTR)$ Palantir has provided strong guidance for 2024, expecting revenues between $2.652 billion and $2.668 billion, su...
TOPMaria_yy: Wow, you really know your stuff about Palantir! 🙌🏻 Keep up the great work!
1
Report
9.84K
General
Terra Incognita
·
05-29
I opened $NVDA 20240607 1220.0 CALL$  ,NVDA: collect 0.8% premium when sold naked call on NVDA at $1220 and expiring in 9 days on 7th June. NVDA continued to be super bullish after a superb earnings, announcing both dividend and 1 to 10 stock splits that is highly favourable to the market sentiments. Sold this new call at higher strike above the $1200 resistance. This is also after a 7% rise on 28th May so certainly looks overbought. These won’t be enough to guarantee reversal so will very much depending on the general market direction with probably NVDA leading the way.
NVDA CALL
05-29 22:05
US20240607 1220.0
SidePriceRealized P&L
Sell
Open
9.90--
Closed
NVIDIA Corp
I opened $NVDA 20240607 1220.0 CALL$ ,NVDA: collect 0.8% premium when sold naked call on NVDA at $1220 and expiring in 9 days on 7th June. NVDA con...
TOPRanzy: Hi Terra, when u say u opened on nvida on call thats means you bought call option right then why it saying in screenshot it sell and btw thank you for last nvdia call i earned quite good profit from it 😀😀👏👏
5
Report
28.24K
Hot
Terra Incognita
·
05-29
I opened $Abercrombie & Fitch(ANF)$  ,ANF: sold additional ANF shares at $180 to bring up short average after a big rise in stock price today after earnings. ANF is up 19% as of this writing on large earning beat. The short average is now increased from $114 to $122 which is still almost 40% under water. Will be a long way to dig myself out of this one. Trading is always never what you think it should be, but more what everyone’s else thinks it should be.
ANF
05-29 22:40
USAbercrombie & Fitch
SidePriceRealized P&L
Sell
Open
180.00--
Closed
Abercrombie & Fitch
I opened $Abercrombie & Fitch(ANF)$ ,ANF: sold additional ANF shares at $180 to bring up short average after a big rise in stock price today after ...
TOPNatalieTommy: Although it's still almost 40% under water, you're on the right track.
17
Report
27.26K
General
AyKing
·
05-29
I opened $UNH CUSTOM 240705 PUT 460.0/PUT 465.0$  ,Price dropped to $473 and starts to move up. This gives me and opportunity to look for support levels to enter a bull put spread for a reasonable premium. Therefore, I have selected $465 as the support level to give a margin of safety below $473. Let’s see how this trade moves.
UNH Vertical
05-29 22:42
US465.0/460.0
SidePriceRealized P&L
Credit
Open
-1.15--
Holding
UNH CUSTOM 240705 PUT 460.0/PUT 465.0
I opened $UNH CUSTOM 240705 PUT 460.0/PUT 465.0$ ,Price dropped to $473 and starts to move up. This gives me and opportunity to look for support le...
TOPBertScott: 🇸🇬 It's smart to wait for a drop before entering the bull put spread.
8
Report
6.81K
General
ZEROHERO
·
05-30
I closed $MARA 20240531 22.0 CALL$  ,Take profit before GDP numbers tomorrow at 8:30am. If it pushes higher, will continue to earn pocket money by selling covered calls into next week. See you tomorrow 👋
MARA CALL
05-30 00:20
US20240531 22.0
SidePriceRealized P&L
Buy
Close
0.19+59.95%
Closed
Marathon Digital Holdings Inc
I closed $MARA 20240531 22.0 CALL$ ,Take profit before GDP numbers tomorrow at 8:30am. If it pushes higher, will continue to earn pocket money by s...
TOPApple_8484: i epected have a good profit.
8
Report
 
 
 
 

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