Looking Back. On 12 Apr 2024, I have shared a post titled “Time to get On / Off - Micron Express Train ? (click to read it) Back in April 2024, Micron stock price was $122.52 per share. Fast forward to Mon, 24 Jun end of day, MU was at $140 per share. (see below) MU share price - 01 Apr to 24 Jun 2024 In a short span of 2 months (and a few more day), MU has gained a healthy +10.24%. returns, if you asked me. YTD, $Micron Technology(MU)$ has added around $60 billion in market value. On the eve of its quarterly earnings results, below are Wall Street analysts’ expectations: Analysts remain “optimistic” about this cyclical stock owing to the fact that all things Artificial Intelli
First Biden-Trump Debate! Who Can Have the Upper Hand?
The first Biden-Trump debate is undoubtedly the most watched political event of the week. This debate marks their first encounter, but in September, Biden and Trump will face off again. Currently, observers generally believe that this round of debate is unlikely to determine a clear winner, but it is crucial for both sides' subsequent campaign strategies.Besides political discussions, investment opportunities are also not to be overlooked. If Trump gains an advantage in this debate, $Trump Media & Technology(DJT)$ is expected to see another surge. Trump-related stocks have been active several times, with DJT up nearly 90% year-to-date in 2024.Additionally, could Trump's election further boost Bitcoin? Bitcoin fell to $59,000 yesterday. Bernste
How will the 2024 election affect your investment blueprint?
As the 2024 US election draws ever closer, the eyes of global investors are once again focused on this political extravaganza. This year, we may see Trump and Biden face off again, and the policy ideas and electoral changes of both candidates will undoubtedly have a profound impact on global markets.State of the Election: Swing States Become Key BattlegroundsTrump has a significant lead in swing states, particularly in Nevada, North Carolina and Georgia.Dissatisfaction with the Biden administration is running high, and Trump has a narrow lead.policy assertionTrade policy: Both candidates favor high tariff policies, which could put pressure on global supply chains and push up inflation.Investment Spending: Infrastructure and manufacturing investment has become a bipartisan consensus, signal
$NVIDIA Corp(NVDA)$ For The Record. Artificial intelligence (AI) chipmaker Nvidia remained in the spotlight Mon, 24 Jun 2024 as its shares continued falling from a record high reached last Thu, 20 Jun 2024. On Monday, It fell by -6.7% to close at $118.11 per share. Nvidia - Price movement after 10 June 2024, Stock Split Taking last week’s dip into considerations, Nvidia has fallen by -16% from its all-time intraday high of $140.76 set last Thursday. (see above) There have not been any major Nvidia-related news stories lately to “affect” its stock prices. Therefore, most plausible reason is, investors are using a rare moment of broad market sluggishness for profit-taking following the stock’s meteoric rise in
Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2408(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Gold maintains its oscillating and contracting move, retaining the view that it has topped out and retreated! Last trading day on Monday (24 June): gold / London gold to stop the decline rebound to close the sun, but still in the averages below the resistance, the fundamentals are also a lack of sustained positive factors, so the market trend is still the risk of going lower again.Specific trend, the gold price since the Asian market opened at 2321.77 U.S. dollars / ounce, first recorded an intraday low of 2317.56 U.S. dollars, after that is to maintain the development of t
SG Budget Babe June 13, 2024 11 minute read Based off recent market sentiments, the current bond market has been distressing for some investors. But if you think that’s a reason to strike off bonds (or bond ETFs) completely, think again. The past few years have been challenging for bond investors as central banks rapidly raised interest rates, which created uncertainty and volatility for both equities and particularly for long-term bonds. After decades of very low yields, the Federal Reserve embarked on a very rapid rate hiking program in March 2022, moving the Fed Funds rate from nearly zero to over 4% in just nine months. This had an impact on the bond market, and the losses have been worse for holde
Bullish Momentum: MARA, DIS, ENPH, OXY& PDD See Upward Trend
Hello everyone! Today i want to share some technical analysis with you!!1. $Marathon Digital Holdings Inc(MARA)$ Make or break at this diagonal trend zone.2. $Walt Disney(DIS)$ Got the parabolic SAR bull flip today. First time since the earnings gap down.3. $Enphase Energy(ENPH)$ Indicators & price aligning here. 4. $Occidental(OXY)$ A perfect tag of the April 12th pivot VWAP today.5. $PDD Holdings Inc(PDD)$ At an interesting spot going into tomorrow.Follow me to learn more about analysis!!https://x.com/Jake__Wujastyk
Option Movers | Trump Media Call Option Skyrockets 427%; Tesla See About 70% Call Options
Market OverviewThe Dow rallied on Monday to a one-month high, while the Nasdaq tumbled over 1% as investors rotated out of AI-linked stocks and added some laggards to their portfolios, betting on Federal Reserve interest rate cuts this year.Regarding the options market, a total volume of 41,460,189 contracts was traded on Monday (June 24), down 12.6% from the previous trading day.Top 10 Option VolumesTop 10: $Nvidia(NVDA)$, $Tesla(TSLA)$, $Apple(AAPL)$, $Amazon(AMZN)$, $Advanced Micro Devices(AMD)$, $GameStop(GME)$,
3 Reasons To Add Bond Exposure To Your Investment Portfolio
by Timothy Ho, Dollars and Sense June 13, 2024 By adding a bond exposure, we can improve the resilience of our portfolios while still maintaining our returns. This article was written in collaboration with Nikko Asset Management. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. You can view our full editorial policy here. In the investment world, stocks often command more attention compared to bonds. T
Lately, the king of AI $NVIDIA Corp(NVDA)$ has been on a crazy downtrend, falling over 16% in just three trading days, causing investor panic!You might be wondering, what's the sudden crash about?First off, crashes often follow rallies. Before this dip, Nvidia had a whopping 78% gain, and its year-to-date surge was even more impressive, at 184%, surpassing $Microsoft(MSFT)$ and $Apple(AAPL)$ to become the global champ!After such a rally, Nvidia's technical indicators were overbought, signaling a need for a correction.Secondly, Nvidia execs have been selling stocks in droves recently, even Jensen Huang cashed out nearly $100 million! According to The Washington Se
Oil Prices Steady Amid Demand Optimism and Economic Caution
Overview Oil prices remained relatively stable on Tuesday after experiencing gains earlier in the week. This stability follows a surge driven by anticipated increases in fuel demand for the summer and concerns over U.S. inventory declines. However, investor sentiment remains mixed as they await key U.S. consumer price data that could influence future economic and fuel consumption trends. Market Movements Brent and U.S. Crude Stability After rising significantly on Monday, with Brent crude gaining 0.9% and U.S. crude climbing 1.1%, both benchmarks saw minimal changes by Tuesday morning. Brent futures for August settled at $85.96 per barrel, a slight decrease of 5 cents, while U.S. crude futures dipped by 3 cents to $81.60 per barrel. These minor adjustments come on the heels of a robust per
Amazon's AI Ambitions: A Look at 'Metis' and Its Market Impact
Overview: Amazon $Amazon.com(AMZN)$ is significantly expanding its footprint in the artificial intelligence (AI) landscape with its latest venture, "Metis," a chatbot designed to compete directly with OpenAI's ChatGPT. Despite a slight dip of 1% in Amazon's stock price late Monday, the company's determination to enhance its AI capabilities remains unwavering. CEO Andy Jassy's active involvement in the development process underscores the strategic importance of this project to Amazon's future. The Metis initiative is poised to leverage Amazon's AI model "Olympus," a fortified version of the Titan foundational model, promising powerful features like enhanced information retrieval and proactive user assistan
Broadcom Surges 43% Year-to-Date: Is Broadcom the Second-Best AI Play After Nvidia?
Broadcom $Broadcom(AVGO)$ has garnered investors' interest since its announcement of a 10-for-1 stock split and its earnings beat in Q2 2024. The stock price has soared 43% year-to-date and is currently one of the best-performing semiconductor stocks. Broadcom is a global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions for data centers, networking, broadband, wireless, and storage markets. Its customers include Apple, Bytedance, Amazon, and Google. Things you should know about Broadcom: 1) Uneven Recovery in Revenue Growth: Total Revenue increase increased by 43% yoy in 2Q2024. But if we exclude VMware, total revenue was merely up 12% year on year, and this 12% org
What to buy after $NVDA crashes? Look at $BAC, $OXY
$NVIDIA Corp(NVDA)$ , known as the "AI leader", fell sharply by 6.7% on Monday trading, the largest single-day decline in two months, and entered a technical correction stage. At present, NVIDIA has fallen for three consecutive days, falling more than 16% from last Thursday's high. The company's market value has fallen back to below US$3 trillion, ranking third in the US stock market.Affected by this, the $S&P 500(.SPX)$ fell to a new one-week low for three days in a row. However, looking at sectors, the energy, financial and public utilities sectors performed well, each rising by about 1%. A brief break for large U.S. technology stocks may bring hope to other sectors."Nvidia is like a rocket ship. Wh
Sector rotation: Will you hold these robust retailers?
Yesterday, due to sector rotation, the consumer goods sector performed well, with $Wal-Mart(WMT)$, $Colgate-Palmolive(CL)$, $Procter & Gamble(PG)$, and $TJX Companies(TJX)$ hitting new highs. 1. $Microsoft(MSFT)$: Do you have this stable giant in your investment portfolio? $Microsoft(MSFT)$ has risen by 19% year-to-date, firmly maintaining its position as the most valuable company in the stock market. Over the past 10 years, it only experienced negative annual growth in 2022. With further developments in AI, Microsoft's investment in Open
Last Thursday, $NVIDIA Corp(NVDA)$ , the US stock's AI leader, saw its share price plummet, dragging down the $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ . Now, there are two crucial questions: Will Nvidia's stock price continue to slide? And if a handful of AI leaders tumble, can the US stock market withstand the pressure?Will Nvidia continue to slide? Melissa Brown, Managing Director of Applied Research at SimCorp, said:Mathematically, it's unlikely that the largest stock in the US market will fall while all others remain sturdy. So if Nvidia's stock price drops, the market is likely to follow suit. But if there's a rotation in sectors and lagging sectors start to
BTCUSD Elliott Wave : Forecasting the Decline Toward New Lows
In this technical article we’re going to take a quick look at the Elliott Wave charts of Bitcoin BTCUSD , published in members area of the website. As our members know, Bitcoin is doing a correction against the 56510 low, which is unfolding as a Flat pattern. Now, the crypto is showing impulsive sequences in the cycle from the June 7th peak, which can be the last leg of the proposed Flat pattern. Consequently, we expect more short-term weakness in the near term. In the further text, we are going to explain the wave count. BTCUSD H1 Weekend Update 06.23.2024 BTCUSD has broken the previous low, confirming more downside in the near term against the 66484 pivot. The current view suggests that the intraday recovery completed at the 64482 high as b red. While below that high, we believe the c re
AIOZ Network Looking to End A corrective Decline June 25, 2024 By EWFAyoub AIOZ is an Ethereum token that powers Aioz Network, a (dCDN) Layer 1 blockchain: Decentralized Content Delivery Network . It powers AI computation, data storage, and seamless media streaming for decentralized applications (dApps) within the network. Starting in September of last year, AIOZ rallied for seven straight months, achieving a 9600% advance in wave ((1)). Down from there, it started a correction to the downside within wave ((2)). The coin faced a 60% decline over 7 swings, forming an Elliott Wave Double Three structure. It’s currently reaching our extreme blue box in the equal legs area of $0.43 – $0.10. We expect wave ((2)) to finish here and a new upward move to start in wave ((3)). Consequently