Embracing the Crypto Surge: Why Block, Inc. is My Top Investment Pick
The Bitcoin Boom: A Rollercoaster Ride Oh, the thrills of the crypto market! We've all been on that wild ride, haven't we? The recent bull run has seen Bitcoin rocket up, though it has dipped slightly from its highs, now trading around $65,691. Ethereum, meanwhile, has confidently breached the $2,000 mark, leaving us breathless and wide-eyed. The stage is set for potential growth, and I’ve been eagerly scanning the horizon for the next big thing. Trust me, I’ve found a gem – Block, Inc. ($Block(SQ)$), formerly known as Square. This fintech powerhouse, helmed by the enigmatic Jack Dorsey, has been making waves in the crypto world, and it's time we take a closer look. Bitcoin's rise fuels the unstoppable crypto market surge Block’s Bold Bitcoin Bet Le
20 June Market Hit Session Lows After Nvidia Retrace Earlier Gains
On 20 June (Thursday), we saw the stock market opened with gains, which was driven by strong performance from $NVIDIA Corp(NVDA)$ shares which went up as much as 3.8% earlier. S&P 500 surpass the 5,500 level for the first time, thanks to Nvidia earlier gains. The Nasdaq also got an early gains of 0.4% but only to close the day session with a 0.8% decline. Major indices hit session lows as NVDA shares turned negative for the day. Heavily-Weighted Stocks Decline Influence Index Performance There were also declines in other heavily-weighted stocks that influenced index performance significantly. Significant declines from names like Apple (AAPL), down 2.2%, Broadcom (AVGO), down 3.8%, and Microsoft (MSFT), down 0.1%. Many stocks saw a pullback du
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Hi, Tigers!Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!Click here to join the Topic & Win coins >>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.[Winners Announcement:20 Jun]1.Here are the 6 Tigers whose post has the best quality & interaction yesterday:Congratulations on being offered 50 Tiger Coins!AAPL is
Alibaba vs Pinduoduo vs JD.com - Which is a Better Buy?
🌟🌟🌟Alibaba, Pinduoduo and JD.com are 3 of the biggest Chinese ECommerce conglomerates. Which is a better buy? Recently the 618 Festival has just concluded and is a good indicator of Chinese household consumption appetite. The 618 Festival is named after the June 18 founding date of $JD.com(JD)$ but embraced by all platforms as China's 2nd largest annual sales event after Singles Day in November. $Alibaba(BABA)$ reported that sectors such as home appliances were outperforming on its platforms, led by brands such as Haier and Xiaomi. Alibaba also reported that international brands including Nike, L
I am a believer of Technical Analysis as seen in my article, I used different indicators and chart for trend analysis. So before I shared and explain some of the analysis that I have posted recently. I think we need to understand what is Left-Side Trading? What is Left-Side Trading? Left-side trading is a technical analysis approach that focuses on analyzing historical price action up to the present moment without considering potential future movements. The term "left-side" refers to the left side of the price chart, which displays past market data. Traders using this method rely heavily on historical patterns, trends, and support/resistance levels to make trading decisions, under the assumption that historical market behavior can offer insights into future price movements. Trend Identific
GameStop's Upcoming Options Expiry (GME) June 21, 2024
GME 5-D Price Chart $GameStop(GME)$ remains a focal point for investors and market analysts as we approach the expiry of June 21, 2024 options. The current stock price is $24.70, and the options data indicates an implied movement of ±8.02%. This projection suggests potential price fluctuations between $22.72 and $26.68. Notably, the put/call ratio stands at 1, indicating a balanced sentiment among investors regarding the stock's future direction. GME Options Implied Move Financial Performance GameStop recently disclosed its Q1 2024 financial results, reporting a net loss of $32.3 million, a significant improvement from the $50.5 million loss in Q1 2023. Despite declining net sales to $0.882 billion from $1.237 billion the previous year, the company
SoundHound AI Inc. (SOUN) Poised for Significant Movement as Options Expiry Approaches (June 21, 2024)
SOUN 5-D Price Chart $SoundHound AI Inc(SOUN)$ has been capturing the spotlight in the AI sector with its innovative voice and speech recognition technologies. As the options expiration date of June 21, 2024, approaches, market watchers keenly observe the stock, which trades at $4.09. With an implied movement of ±5.62%, the stock price could rise to $4.32 or fall to $3.86. The put/call ratio is 0.74, indicating a bullish sentiment among investors. SOUN Options Implied Move Recent Developments Robust Q1 Performance and Revenue Growth SoundHound AI reported a remarkable 73% year-over-year revenue growth in the first quarter of 2024, reaching $11.6 million. This surge was attributed to increased demand for AI-powered voice solutions integrated into v
Do You Use the 4% Rule to Set Your Investment Goal?
In yesterday's livestream, @谋定后动 mentioned the 4% Rule for wealth freedom.Wealth Freedom Goal = monthly expenses × 12 months ÷ 4%The 4% Rule is based on the assumption that withdrawing 4% of your savings each year will allow you to live off your investments without exhausting them too soon.Do you agree with this principle?Calculate Monthly Expenses: Determine how much you spend each month.Annualize Expenses: Multiply monthly expenses by 12 to get annual expenses.Estimate Required Savings: Divide annual expenses by 4%.Example:If your monthly expenses are $10,000:Annual expenses = $10,000 × 12 = $120,000Required savings = $120,000 ÷ 0.04 = $3,000,000This means you need $3,000,000 to live off 4% of your savings annually, achieving financi
The day after Buffett trimmed, someone bought 143,000 $NVDA 20250620 265.0 CALL$ - June 20, 2025 expiry with $265 strike for $7.45 million in premium.This implies a forecast of Nvidia trading at least $270 (265 + 5.2) a year from now.But looking at the option chain, this prediction may actually be conservative.The highest strike listed for that June 20, 2025 expiry is capped at $265.As those familiar with GME's prior squeeze know, available strikes aren't determined by demand, but by exchanges assessing the trend before listing further out strikes.On the Monday of GME's ramp, strikes only went to $55. Exchanges then added $85 on Tuesday and $125 on Wednesday to keep up.So when were the $265 strikes for Nvidia added?Judg
$Amazon.com(AMZN)$ In this bull market, Amazon stock remains one of the best companies to invest in. A Magnificent 7 giant, Amazon’s dominant presence in the world of e-commerce and cloud computing position the company well to take advantage of ongoing secular growth trends. From an AI perspective, key integrations into the company’s existing operations can provide the kind of operating leverage growth investors are looking for. In addition to key cost efficiencies which have been gained as the company reduces its capital expenditures over time, that’s a recipe for major cash flow growth. Since companies are essentially valued as the discounted value of all future cash flows, that’s a great thing for long-term
Look, my $Qualcomm(QCOM)$ investment is poised to double in no time. Let's chat about Qualcomm's investment strategy! Not surprisingly, Qualcomm would be the fastest stock I've ever bought to double. Qualcomm's investment logic is simple.AI phonesQualcomm, the king of mobile chips, dominates the Android scene, and even $Apple(AAPL)$ relies on them for baseband chips. But the smartphone market has been flat since 2016. AI could be the game-changer.With AI chips supporting multi-modal big models with up to 10 billion parameters, users can enjoy AI-powered features like text-to-image generation, image enhancement, and even AI virtual assistants on their phones. This powerful AI performance could spark a fres
This year, my stock investment strategy has yielded a satisfactory performance overall, with a net profit across my portfolio. I have engaged in trading multiple bank stocks, specifically NYCB, FFWM, VLY, TBNK and CFFN. In addition to these financial sector investments, I have diversified by trading other stocks such as VTRS, ZIM and LSXMA. One of the key components of my portfolio is the TLT etf. Unlike many stocks that I traded on a short-term basis, I intend to hold TLT for the long term. My confidence in the TLT etf is based on an expectation that its price will continue to increase, reflecting favourable conditions in the bond market. While most of my trades have been successful, my investment in VLY has underperformed this year. Despite its current poor performance, I am optimi
On June 18th, $NVIDIA Corp(NVDA)$ 's stock price rose, and its market value increased significantly, surpassing Microsoft and Apple to top the list of the world's largest companies by market value. Successfully surpassed the two tech giants, $Microsoft(MSFT)$ and $Apple(AAPL)$ , highlighting Nvidia's strong competitiveness and prominent position in the industry. This event may have a significant impact on the pattern of the entire technology industry, triggering strategic adjustments by other companies and changes in the market competition situation.
$特斯拉(TSLA)$ It is so funny in this forum. Let me just correct few things here 1. Tesla is NOT SpaceX nor xAI. Whatever Elon musk do with other companies are independent with Tesla. 2. Tesla growth is slowing and will be slower. Biggest EV market is China and you can see How bAD Tesla is now compared with other China brand. 3. Optimus robot IS NOT happening till 2030 mark my word. If you look at the best robot in the world right now, Boston dynamic and look at how much is it to produce a robot that can your housework. One is sold for Millions and mainly for millitary and you want people to buy Optimum with AI? Wake up Tesla to $170 in July, $130 in Dec. I may consider to buy below $70
I'm driven by a passion for excellence, and my journey with $Tiger Brokers(TIGR)$ (just over a year) has been a relentless pursuit of mastery. My learning curve has been exponential, and I'm thrilled to share my progress. My most notable achievement is with $Coinbase Global, Inc.(COIN)$, a trade that's tested my skills and rewarded my dedication. The screenshot shows a glimpse of my current profit and loss percentage, but the real story is in the countless hours of research, analysis, and strategic planning that's fueled my growth. I'm hooked on the thrill of the trade, and I'm always seeking the next challenge. Join me
$NVIDIA Corp(NVDA)$ Heading to $149.37 NVIDIA: The AI Titan Soaring to New Heights - A Winning Analysis NVIDIA (NVDA) is lighting up the premarket skies with a current price of $140.42 as of 20 June 2024. This AI and semiconductor powerhouse is riding a wave of bullish momentum, fueled by strong technical indicators, robust financial performance, and positive market sentiment. Technical Analysis: NVIDIA is comfortably above its key moving averages, with the 12-day EMA at $129.56, the 26-day EMA at $129.06, and the 50-day SMA at $128.72. The RSI is at a healthy 53.23, indicating neutral momentum with room to climb. The MACD line is positive, supported by a bullish histogram, signaling further upside potential. Despite hovering near the upper
$Advanced Micro Devices(AMD)$ what will happen tonight? Let me tell you guys, it will fly to $165 then do retracement to $162. After that, it will fly to $180 !!
$Apple(AAPL)$ one week before it fly to the moon and today will fly again? The answer is yes! $NVIDIA Corp(NVDA)$ I will buy this more if it go down a bit because I'm sure it will fly again to the price before splitting!