It seems like after Nvidia's stock split, its shares have become like the free eggs handed out at supermarkets, with investors from all over the world lining up to claim them. This has led to the bizarre scenario where Nvidia's total options trading volume far exceeds that of the S&P 500.The old institutional traders focused on GameStop must be howling with envy, watching in dismay as the retail frenzy they dreamed of is instead playing out in Nvidia.However, after a few days, SPY options have finally reclaimed the top spot in terms of trading volume. More accurately, it's not that SPY overtook Nvidia, but rather Nvidia's volumes declined, though they still exceed those of QQQ.With waning retail enthusiasm, market makers can now better control the flows.Based on the open interest in Nv
Mystery Solved? I have been wondering. Why is it that after UBS takeover of Credit Suisse, as a result last year’s US banking debacle (March 2023) rippling effect, the #1 Swiss bank’s stock price still did not have a meteoric rise like its US counterpart $JPMorgan Chase(JPM)$, $Bank of America(BAC)$ and $Wells Fargo(WFC)$ . Looks like its mystery solved ? (see below) $UBS Group AG(UBS)$ is pushing the Swiss government to clarify how much more the bank will need to hold in capital buffers after buying $Credit Suisse Group AG(CS)$? This comes, amid concerns the talks will drag on for mo
Tesla Jumped 4.81%: Bull Spread Strategy for the Ride Up!
In the competition of the AI war, $Tesla Motors(TSLA)$ might not be getting as much attention as $NVIDIA Corp(NVDA)$ or $Microsoft(MSFT)$, but Morgan Stanley thinks Tesla holds a "key card" that could make it a major player in the next round of AI investments. Tesla's CEO, Elon Musk, revealed at the annual shareholder meeting that they'll start "limited production" of the Optimus in 2025 and test humanoid robots in their own factories next year. He even predicted that they'll have "over a thousand, maybe even thousands, of Optimus robots up and running next year." Musk said Tesla's future is "exhilarating" and painted a rosy picture for shareholders, in
Investors may lose money due to variable reasons.An important reason is that investors often hold onto options positions too long, hoping for bigger gains.A WSB user recently shared a story that he made correct predictions on $NVIDIA Corp(NVDA)$’s recent correction. He bought puts when it dropped from $140 would have been a solid bet.But he held on it too long, resulting in significant losses (~$60k).Therefore, options trading is likened to poker and blackjack, where walking away with profits is essential.Here are seven ways of not losing money. Do you agree with them?Start Slow and Learn:Avoid impulsive and frequent trading.Withdraw Profits Regularly and Keep Cash Handy:Withdraw some money to saving account to keep the reality of profits tangible
ATEX Jumps +19.3% on Latest Earnings, Trade IV Crash or IV Cluster?
$Anterix(ATEX)$ Stock Jumps +19.3% on Latest Earnings Release on Jun 26, 2024 AMC.So far in trading after hours, ATEX stock price has soared +19.3% to $37.00 at the time of this alert. ATEX just released earnings today after the market closed. The price has moved outside of its expected range of ± 8.3%.ATEX Post Earnings MovementAnalysis from https://marketchameleon.com/The options prices predicted a ±8.3% post earnings move, compared to a +19.3% actual move. The options market overestimated ATEX stocks earnings move 69% of the time in the last 13 quarters. The predicted move after earnings announcement was ±7.3% on average vs an average of the actual earnings moves of 6.7% (in absolute terms).How do traders use the implied volatility (IV) crush i
$SGX(S68.SI)$ STI is Bullish Closed today, and one of the components supporting this move is S68 SGX. Has been tracking it for a while now, and added a 3rd position today to complete my actions on this counter[Happy] With MA lines in Bullish Set Up readiness status, I'm looking forward for the next 1-2 weeks price actions. MACD and RSI are also supporting this actions [Smart] [Call] [Call] [Call] $SGX(S68.SI)$ Maybe 🤔 6-8% to TP [Chuckle] [Chuckle] [Chuckle] (July allowance will be dependent on S68 [Bless] [Bless] [Bless] )
Why $____ is the Most Undervalued Stock Right Now?
Welcome to Thursday Special![LOL]Have you ever felt like you've stumbled upon a hidden treasure, just waiting to be discovered? That's exactly the feeling you get when you look at some of the most undervalued stocks in the market right now. Here are two examples:$Intel(INTC)$:Ever wonder why Intel (INTC) is trading at its 1999 stock price while other tech giants have skyrocketed by 5000% to 20000% since then? Microsoft and Qualcomm have already announced their plans to use Intel's upcoming 18A node for their future products. It seems only a matter of time before we hear similar announcements from NVIDIA, Apple, and others.With such promising developments, Intel could be poised for a major comeback. $PayPal(PY
Erm, I don't think you still can make a significant gain from this stock after the crazy rally. 20% additional gain should not be an issue but do take note when the stock start to have a trend reversal and the AI theme begins to cool down. See what happen to EV now. Everyone has to take the turn and consolidate. Of course it will be a different story if you keep NVIDIA for over few years, over a long investment horizon, you still have high chance to be very profitable. How do you think?
Singapore Technologies Engineering Is A Great Stock to Hold Long Term
🌟🌟🌟$ST Engineering(S63.SI)$ is on an upward trend this week on news that it is investing SGD 120 million over the next 3 years in a new data centre with high security and energy efficiency standards. ST Engineering is up 3.3% on Thursday and in the past 5 days, it has risen 7.7%. ST Engineering is now up 11.3% year todate. In 2023, it has jumped by 18.9%. ST Engineering is a Singapore multinational technology and engineering group in the aerospace, smart city as well as defence and public security sectors. Its parent organisation is Temasek Holdings. Analysts are bullish on ST Engineering with an average Target price of SGD 4.70, an upside potential of 9%. ST Engineering is a slow
$Micron Technology(MU)$ investors were hit with a surprise yesterday as the stock price tumbled after their Q3 earnings report. While the company delivered strong results, exceeding analyst expectations for both EPS and revenue, their forward guidance fell slightly short of some estimates. This caused a knee-jerk reaction in the market, but as someone who follows MU closely, I see this as a potential buying opportunity for long-term investors with a focus on the bigger picture. Let's not overshadow the positive aspects of the report. Micron emphatically crushed their Q3 earnings, boasting a significant year-over-year jump in both revenue (82%) and EPS (17%). Their cash flow from operations remained healthy, and their gross margin stayed positive. Th
Faraday Future.. Do you still trust its future? 🧐🤔
I believe for those who actively invest in EV stocks, you should be familiar with the EV meme, Faraday Future! On Monday, Faraday unveiled its plan to regain compliance with Nasdaq's $1 minimum bid price requirement. This involves a proposal at the company's upcoming annual meeting of stockholders. The meeting will be held in July, although Faraday hasn't decided on a specific date yet. Faraday Future's FF91 Reverse stock split again! The proposal is a reverse stock split in a ratio between 1-for-2 and 1-for-40. The ratio will likely be much higher than 1-for-2, as Faraday stated that it would seek a stock price of at least $5 following a reverse split. FFIE stock must close at $1 or higher for at least 10 consecutive business days in order to regain compliance with Nasdaq's min
$Advanced Micro Devices(AMD)$AMD does not need to be $NVIDIA Corp(NVDA)$ - it keeps gaining mkt share from Intel and catches up to Nvidia - let they remain just at 10% mkt share in data centers, that is more than enough - btw competition is an issue for Nvidia not for AMDTime has a habit of changing the best laid out plans. Competition is arriving very quickly, and it's very strong competition, in some cases already outperforming Nvidia's best processors. In a short while this year, even stronger processors are due to arrive, that's before Nvidia can roll out anything that is really new.Nvidia will have difficulties rolling out meaningful updates each year, instead, they will be
$Advanced Micro Devices(AMD)$Think long and strong. AMD will have the last laugh.AMD is not the next $NVIDIA Corp(NVDA)$ … true, however AMD will have an exponential growth spurt going into 2025 and have AMD’s “Nvidia Moment”.In truth there is no restrictive competition… and market share is irrelevant. Both AMD and Nvidia will sell everything AI they can make and end the year with a huge backlog. In addition to GPUs, like Nvidia makes, AMD exclusively offers AI PCS. We are in an extreme market pull environment of huge AI demandIn doing so, under the law of large numbers, AMD of the smaller number will be exponential in growth, while the huge Nvidia number are simply to large to c
Top 10 Tech Holdings of At Least 10 Funds: GOOG, META, & NVDA
After analyzing 16 hedge funds, we found that at least 10 of them had $Alphabet(GOOG)$$Alphabet(GOOGL)$$Meta Platforms, Inc.(META)$$NVIDIA Corp(NVDA)$ as their top three tech holdings as of Q4 2023. Clearly, billionaires and hedge funds have come to a consensus - they love tech giants! Tech giants are dominating the portfolios of billionaires, and they're also the main drivers behind the recent rally in US stocks.1. $Alphabet(GOOG)$$Alphabet(GOOGL)$ Just take a look at Alphabet's financials, and you'll quickly see why this tech st
$Rivian Automotive, Inc.(RIVN)$Here is Rivian's future claimed "gross profit in Q4 2024" scenario played out. Gross profit still equals an 800 to 900 million Operating Loss. Don't be fooled by RJ.2024 Q2- 1.4 billion cash loss - 5.8 Billion Cash on hand2024 Q3- 1 billion cash loss - still 5.8 Billion cash DUE TO VW2024 Q4- 900 million cash loss - 4.9 Billion cash2025 Q1- 800 million cash loss - 4.1 Billion cash on hand2025 Q2- 800 million cash loss - 3.3 Billion cash2025 Q3- 800 million cash loss - 2.5 Billion cash2025 Q4- 1.2 Billion cash loss - 1.3 Billion cash (R2 spending hitting)2026 Q1- 1.5 Billion cash loss - -200 million cash deficit BK (R2 spending increasing)2027 $Volkswa
Q: What is Carnival Corp. (CCL) Q2 2024 Earnings Call Transcript Summary?
TigerGPT Answer: **Carnival Corp. (CCL) Q2 2024 Earnings Call Summary** **Bullish Points:** 1. Closed the quarter with record revenues, operating income, customer deposits, and booking levels, exceeding guidance on every measure. 2. Yields increased over 12% in Q2, with strong per diem growth up over 6%. 3. European brands experienced extraordinary yield improvement, up over 20%, while North America improved by 7%. 4. Record second-quarter adjusted EBITDA, roughly $150 million more than guidance. 5. Delivered $500 million more to the bottom line year over year and outperformed earnings guidance by $170 million. 6. Current booking trends are hitting records, indicating strong demand continuing into next year and beyond. 7. Customer deposits shattered
I would do the trade again, but with 2 contracts instead of 5
This is Michael.I'll be taking a loss on these $Micron Technology(MU)$ calls I held through earnings tomorrow. I'm taking accountability for it and responsibility for it. And you should too.We made so much money on the ride up that it was okay to risk some calls into earnings. It was all based on the guidance but unfortunately it came it light and weak.Which is strange to me because every AI chip needs MEMORY and better ones too. MEMORY is required for AI to perform well.ImageThis is from there EARNINGS report:$Micron Technology(MU)$ is one of the few providers of high-bandwidth memory chips used in the most advanced AI systems, allowing it to cash in on surging demand for the semiconductors.The company's res