$The Kraft Heinz Company(KHC)$ Kraft Heinz $KHC formed a Death Cross for the first time since June 2023. The last one sent shares lower by almost 14% over the next 4 months. This is a Buffet stock, with Berkshire Hathaway owning over 26% of the shares outstanding, making it the largest shareholder. Will we see him scooping up more shares as price drops further? $Berkshire Hathaway(BRK.B)$
Economic Reports Ruled Last Week. Last week was all about US economic reports and the extent of their influences: Consumer Confidence report - Tue, 25 June. Dipped marginally compared to May’s data. New Home Sales - Wed, 26 June. Weaker compared to April’s data. Q1 2024 Gross Domestic Product (GDP) final estimates - Thu, 27 June. Fell by -58.82% compared to Q4 2023 GDP. Weekly Jobless claims - Thu, 27 June. Dips marginally compared to previous week. Personal Consumption Expenditure (PCE) - Fri, 28 June. Fell by -0.2% from April’s data. Reports’ Effect on Market. Overall, above economic reports did not manage to exert significant pressure to drive market way up or down. In the end, US market put up a mixed performance. When market closed on Friday: DJIA: -0.17% to 39,118.86. S&P 500: +0
$Tesla Motors(TSLA)$ If $TSLA holds the $240 level today, it'll still be underperforming the S&P by 20% and Nasdaq by 26%. Imagine the most innovative, real world AI company underperforming the likes of Colgate and Royal Caribbean, in the age of AI Market algorithms are trained on historical correlations, and the catch up / convergence of Tesla stock with the indices back in '19, '20, '21 and '23 are most definitely within their data set. They'll react & trade a lot quicker than 'human fund managers'. The velocity of moves driven by the derivatives market has just begun...
While examples of trading losses from mistimed earnings bets abound, today I'll highlight a situation that was an absolute disaster for option buyers - one better avoided when possible.On the flip side, it was a windfall for option sellers who essentially stumbled upon free money.On July 3rd, $Meta Platforms, Inc.(META)$ pre-announced their earnings release date of July 31st after the close. Upon this news, all META options for the current July 26th weekly expiration, both calls and puts, crashed around 40%.How did the other expirations fare?On that day, META opened low but rallied, closing up 0.96%. The July 29th weekly at-the-money calls were up 15.87%, while puts were down 21.15%.The August 2nd 510 calls gained 7.75%, puts lost 10%.What was the
$Amazon.com(AMZN)$ Jeff Bezos' Blue Origin has asked the FAA to limit $Tesla Motors(TSLA)$ Elon Musk’s SpaceX launches, claiming they have a bigger environmental impact than other systems in the area. The two richest men have long history of being rivalry.
Definitely! Saves the trouble of picking stocks and diversifies the risk. Between the 2, I definitely prefer MGK because it has the lower expense ratio. Also, I don’t like that Tesla is the heaviest portfolio in MAGS which is too erratic due to Elon’s behaviour and decisions. In addition, MGK is more diversified and has more industries such as pharmaceutical company which is less risky and potentially less volatile.
$Tesla Motors(TSLA)$ recently reported its Q2 2024 deliveries, and the news was mixed. While they beat Wall Street estimates, the overall numbers paint a concerning picture. Let's break it down. Deliveries: 443,956, down 4.8% year-over-year Production: 410,831 Analyst Estimates: 439,000 deliveries Tesla did manage to surpass analyst expectations, but this doesn't erase the fact that deliveries are down compared to last year. This is the second consecutive quarter of decline, following an 8.5% drop in Q1. Several factors are contributing to Tesla's slowdown. Tesla's stock price reflects the investor unease. It's down 16% year-to-date despite a recent rally. Analysts like Colin Langan from Wells Fargo are predicting declini
$DBS Group Holdings(D05.SI)$ The only stock worth buying in STI is DBS! It just got an upgrade to $40 and a forecast that the quarterly dividend will be hiked to 60cents. That is amazing! Earnings are expected soon and i think we will all be blown out of the water
$TSLA 20240802 200.0 PUT$ given the delivery results, auto taxi initiative and election candidates all shows strong signal for tsla. Will be buying more these couple of weeks after slight pullback
$NKE CALENDAR 241018/240628 PUT 85.0/PUT 85.0$ cutting loss after learning lesson from both Lululemon and Nike that it's bad market for apparels anytime this year although it's lifestyle brands for athletics category in its own rights
Finally turn profitable for my Tesla holdings. I'm a fan of Tesla since 2 years ago. Well, it might be a bit late for most of you but it never stops me to continuously follow Tesla's news and invest in the company. The journey with Tesla is not always smooth as I suffered from paper gain to paper loss when Tesla starts to pullback significantly since early 2024. Well, I am confident with the company so I consistently average down my holdings in Tesla. Also I monitored closely and waiting for the golden trend reversal signal that occured recently. Firstly, the share price of Tesla successfully stood back above its EMA 200 trendline resistance. That's very encouraging and a first indication of potential trend reversal in Tesla chart. My next target price for Tesla will be 300 USD. However,
$SUPER MICRO COMPUTER INC(SMCI)$$Tesla Motors(TSLA)$$Boeing(BA)$ 🚀Barcode's Trading Triumph: Conquering the Market One Trade at a Time!🚀 Check out these fresh dollars! Today, my options trading skills have once again paid off with a stellar profit of +$264.49 USD on a TSLA call option. Here's how the action unfolded: 🔸 TSLA CALL - Strike Price: 230.0 - Expiry Date: 2024-07-12 - Filled Price: 6.35 - Profit: +$264.49 USD But that's not all! Another big win today: 🔸 SMCI CALL - Strike Price: 835.0 - Expiry Date: 2024-07-12 - Filled Price: 36.13 - Profit: Coming soon! These are just a few of my winning trades today. My total profit and loss so far ~ sti
$Tesla Motors(TSLA)$ I can't seem to help myself posting about this stock, even though I WILL NOT join the party. Actually i mite, but it will be buy buying $The ETF(MAGS)$. I think i need to invent a new category of stock. Im calling them Teflon stocks, and tesla is definitely one. Why? Cause sometimes a teflon pan cooks a great steak and everyone applauds. If you burn stuff in a teflon pan, nothing sticks. Lets face it, tesla has had some really bad juju recently with falling sales, recalls, insane pay packages for Elon, director appointments that are... interesting. Broken goal after broken goal. New goals that just don't seem to stack up. But who cares right! I mean tesla pulled back
Let's look at yesterday's list of outliers, $Tesla Motors(TSLA)$ It's dominating the charts again after many months, and this time it's not panic due to bad news causing a selloff, but rather a return of sentiment brought on by the market looking to be pulled up again as delivery data exceeded expectations.PUTs expiring this week have been closing out in droves, leaving the Call/Put ratio of open interest in expiring options higher again this week;200-220 PUT open positions sharply elevated, may be that the next retracement is no more than this position, many people are willing to continue this position to copy the bottom of the waveIt has to be said that the previous use of Bull Spreads for short-term gaming has been quite a cost-effective way of
$Advanced Micro Devices(AMD)$ continue rising even now haven't start pre market... Let's see where will it reach back the highest price level ? Is it tonight or tomorrow night? I'm ok with both! $Tesla Motors(TSLA)$ this more amazing.. and I'm still holding, thinking to sell it tonight because I'm sure it will do a retracement too! Let's monitor and see!