To The Moon

BREAKING: Keith Gill aka Roaring Kitty aka DeepFuckingValue of $GameStop(GME)$ GameStop fame files a SEC 13G for $Chewy, Inc.(CHWY)$ , Chewy for 9,001,000 shares, or 6.6% of the company. He identifies in the SEC filing as “not a cat”.From the options chain, we can the Implied volatility is over 100%, seems high for both side.A good time to Sell call or Sell put to earn premiums?

Hi everyone. As we end the month and the first half of the year, I figured that I would give an update on the most-watched ETF: SPDR S&P 500 ETF Trust (ARCA: SPY) SPY continues to trade in an ascending broadening wedge pattern with higher highs and higher lows. RSI is following suit, with higher highs and higher lows. Some bearish divergence has showed up at the highs as SPY prints an “M” shape at 550. The “M” shape is usually indicative of consolidation or a local top, as it did in March earlier this year. This means participants should be wary of the possibility of a pullback. In the near-term, SPY in the middle of the Feb’23 resistance trendline (in orange) and the Jan’24 support trendline (in pink) in what can be seen as a short-term ascending channel. I’ll be looking for either a

Hi everyone. In this newsletter, I’ll be updating my TA on a company that Jensen Huang loves and appreciates: Dell Technologies Inc. (NYSE: DELL) In my previous newsletter, I talked about the 129.27 level. Bullish divergence formed around the 78.6% Fib retracement on the lower timeframes, which was followed by a strong move towards the 38.2% Fib retracement at 158.29. A lower high was formed, and now we can see a triangle pattern forming. On the 4h chart, we can see clear signs of basing for another move higher. In the short-term, I am expecting a move higher towards 149.82 before a breakout and a move towards the 165.11 level to fill the entirety of the bearish gap. Ultimately, I am still expecting DELL to go back towards 173.62 and fill that imbalance. In my previous newsletter, I initia

Overview: Google’s $Alphabet(GOOG)$   recent strategic investment in Taiwan's New Green Power, a BlackRock fund-owned firm, signals a strong commitment to reducing its carbon footprint. The company plans to procure up to 300 megawatts of renewable energy from this partnership, reinforcing its goal to operate entirely on carbon-free energy. This move aligns with the broader trend among tech giants to ambitiously cut greenhouse gas emissions. However, the increasing demand for data processing to support artificial intelligence has led to a surge in emissions, highlighting the challenges in balancing growth with sustainability. Tech Giants Lead Green Push: Google’s investment is part of a broader trend where B

$Amazon.com(AMZN)$ hitting new high, one of the biggest beneficiaries after $NVIDIA Corp(NVDA)$ ended its gamma squeeze.On Friday June 28 , we can also see large orders buying 190 and 200 Calls for August and September expirations, respectively.Amazon's investment and momentum in AI:Accelerated growth in the cloud business thanks to AI driveExcellent financial performance, providing stable cash backingStrategic AI investment: plans to incorporate AI chatbots into Alexa servicesInvestments in AI startup Anthropic and robotics company FigureLaunch of Maestro, an AI playlist generator powered by Amazon BedrockA plug: $GameStop(GME)$ ‘s leader Roaring Kitty, is being

Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano

Portfolio at the end of June 2024 June performance: 4.7%YTD: 22.1%FCF ROC = 36%FCF / share CAGR (5yr) = 24%FCF Linearity (5yr) = 0.88FCF Margin Expansion (5yr) = 6%FCF Yield = 3.20%Interest expense = 6% of operating profitChange in share count (5yr) = -9%ImageWe exited our position in $ASML Holding NV(ASML)$ and began a new position in $KLA-Tencor(KLAC)$ . The top contributors to performance were $NVIDIA Corp(NVDA)$ and $Fair Isaac(FICO)$ . The top detractors from performance were $Visa(V)$ and $MSCI Inc(MSCI)$ .https://x.com/long_equity/s

Here's a breakdown of the revenue sources and income statement for $KLA-Tencor(KLAC)$ . In conclusion, it's very profitable and pretty diversified across geographies and products/services. What are your thoughts?ImageKLAC based on the FCF Yield and forward PE looks attractive. The switch doesn’t downgrade the portfolio so well done. KLAC has much more predictable cash flow and growth ahead of it. So should be a smoother ride.I’m not a value investor. I think $ASML Holding NV(ASML)$ will continue to do extremely well. I just think KLAC will do slightly better, hence the switch.https://x.com/long_equity/status/1806680109715247448

$S&P 500(.SPX)$ Bearish MACD Crossover and bearish daily candle at all time highs.Short term moving averages curling down.The weekly setups last Friday indicated a top in formation.As written for subscribers and even in public posts: "The weekly setup lasts until Friday 4PM EST"The Weekly Compass will be very interesting. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2409(ESmain)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2409(NQmain)$ Imagehttps://x.com/SmartReversals/status/1806782368172126385