The small-cap trade is on— so long as $ARK Innovation ETF(ARKK)$ keeps above 45, and $iShares Russell 2000 ETF(IWM)$ above 212 I favour the melt-up narrative with outperformance in this category. Ending last week I am long ARKK. The $S&P 500(.SPX)$ is up almost 18% year to date and the Nasdaq 20%. In a melt up scenario ARKK trading 70-100 does not feel unreasonable. If a melt up does transpire— greed will blind participants as it always does. My plan is to enjoy the melt up trade through small cap participation, and conclude the trade when the short term trend, breadth and momentum (my “three correction criteria”) falter in the broader market.Follow me to lear
$Taiwan Semiconductor Manufacturing(TSM)$we have a new generation that doesn't have a cold war experience, and they watch Tik Tok which has some ties to China. I dont particularly like the social media aspect.. but you have to know the trend of the next generation. They will buy TSMC. The bears will crawl back to their cave forever more. It's a buy now and will continue to be. Only reason the stock isn't doing what it should is because of the BS fear from an older generation. Buy now.. and some more later.
AAPL, IWM, RIVN, BRK.B& RDDT Enjoy Great Potential
Hello everyone! Today i want to share some technical analysis with you!1. $Rivian Automotive, Inc.(RIVN)$ Vroom Vroom 🏎️ 2. $Apple(AAPL)$ ELECTION YEAR SEASONALITYDuring election years, August has been Apple's best-performing month since the early 1980s.📈 82% win rate and an average return of +8.97%3. $Reddit(RDDT)$ looks ready to bust this IPO base wide open. 📈4. $iShares Russell 2000 ETF(IWM)$ Highest weekly volume since February. Now THAT is a statement from small caps. 👀5. $Berkshire Hathaway(BRK.B)$ Uncle Warren wants new all-time highs. 💸 Follow me to learn more about anal
Hello everyone! Today i want to share some trading strategies with you!1. $NVIDIA Corp(NVDA)$ Trade Idea: July 19th 133C 💡Trigger: Above 130 📈Target: 135 🎯Stop: 128 🛑If NVDA can reclaim 130 it should see 136, 140 again. Calls can work above 130 or 136 this month2. $MicroStrategy(MSTR)$ Trade Idea: July 19th 1550C 💡Trigger: Above 1434 📈Target: 1500 🎯Stop: 1415 🛑MSTR through 1434 this week will set up for 1500-1536. Calls can work above 1434.3. $S&P 500(.SPX)$ needs to close above 5644 this month to set up for 5700-5726. If SPX fails to defend 5600 we can see a pull back towards 5536 this month. I'd be more patient as SPX finds a bottom this week. I'd stay bull
GOLD: What's Going on with the Complex Financial Data?
Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2408(GCmain)$ News: The gold market has shown remarkable resilience this week, with the price of gold holding firm above the key support level of $2,400 per ounce, despite Friday's rise in the Producer Price Index (PPI) having an impact on the market. This performance is seen by some analysts as a strong signal that the consolidation phase in the gold market is coming to an end.Fed Chairman Jerome Powell's relatively dovish comments in his congressional testimony, coupled with lower-than-expected inflation in the core Consumer Price Index (CPI), injected new vigour into the gold market. Core CPI has risen by 3.0% over the past 12 months, with annual inflation ri
1. $Alphabet(GOOGL)$ willingness to spend $23B, or 58 times Wiz’s ARR, underscores the immense value of cybersecurity in protecting the data ecosystems that AI will generate over this decade 👀This is bullish news for $CrowdStrike Holdings, Inc.(CRWD)$ , $Zscaler Inc.(ZS)$ , $Palo Alto Networks(PANW)$ , and $SentinelOne, Inc(S)$ .2.AI won't kill software, but it might cannibalize this industry around a few select winners -- here are the 5 stocks I own that I believe will significantly benefit from AI as a massive tailwind 👇1. $Palantir Technolog
$Singtel(Z74.SI)$ SingTel - She is rising up to test 3.00 ! XD is on 1st August. Dividend 7.9 cents! Do take note! Hit 3.00 this morning, I think is never wrong to lock in profit! SingTel - Wow! Nice closing at 2.90, this is rather bullish! Likely to rise up to test 3.00! A nice breakout of 3.00 smoothly would likely see her rising up further towards 3.30. Pls dyodd! SingTel - She has a Nice breakout yesterday at 2.83, fantastic! Did you managed to notice it ! This bullish momentum likely continue to rise higher towards 2.98-3.00! Pls dyodd. Trading at 2.82, fantastic! High probability it may cross over 2.83 anytime! Claim Now Find out more here:Cheers to a great start! Receive rewards up to USD 3600* SingTel- A
Moat Focus Index has been performing well vs. the S&P 500. Imagine how large the difference would be if we extracted all the wide moat businesses from the S&P 500.The concept of a moat has been talked about by many great investors for several decades. But if successful investing was as easy as investing in a company with an economic moat, everyone would do it!An important caveat to the discussion of moats is whether the moat is protecting something valuable. A company with a moat is valuable if the moat is protecting an ABOVE AVERAGE business. What do I mean by an above-average business? A business that can produce high returns on capital. This means that for EVERY dollar invested into the business, we get at least 15 cents out of our invested dollar. This represents a 15% return o
Hong Kong's Growth Stocks: Resilient and Promising
Stock performance of Hong Kong tech giants Amid the market uncertainties caused by China's economic slowdown, Hong Kong's stock market has shown remarkable resilience. The Hang Seng Index registered modest gains in early July 2024, driven by growth stocks with high insider ownership. Companies like BYD, Meituan, and Baidu are emerging as bright spots in an otherwise cautious market. 1-year stock performance of key tech companies BYD: Leading the Charge in Electric Vehicles $BYD COMPANY(01211)$, a major player in the automobile and battery sectors, has demonstrated substantial progress over the past year. With a market capitalisation of approximately HK$727.70 billion, BYD has seen its earnings increase by an impressive 52.7% over the past year.
Hello everyone! Today i want to share some trading skills with you!1.How can you know WHICH stage a business is currently in? $SPDR S&P 500 ETF Trust(SPY)$ Watch:▪️Revenue▪️Gross Profit▪️Operating Profit▪️Net Profit▪️Share CountThis graphic is a helpful guide:2.How To Analyze A Balance Sheet3.Accounts Receivable Cheat Sheet4.Amortization vs DepreciationWhat's the difference?Follow me to learn more about analysis!!https://x.com/BrianFeroldi
Can Bitcoin Upside Continue Towards Ethereum ETF Launch?
$CME Bitcoin - main 2407(BTCmain)$ has a nice move up above the $60,000 mark, with the trump incident happening, but is it trigger by that incident? Over the last week, we are not seeing a promising number of transactions on the Bitcoin network using the daily, 7DMA, but with Bitcoin crossing the $60,000 mark, we might see Blockchain making another new highs. Bitcoin Transactions Per Day is at a current level of 735686.0, up from 658355.0 yesterday and up from 421666.0 one year ago. This is a change of 11.75% from yesterday and 74.47% from one year ago. Bitcoin Active Addresses On The Bitcoin Network (7DMA) There have been a drop on the Bitcoin active addresses on the Bitcoin network when the price goes below $58,000. So are we going to see m
Hello everyone! Today i want to share some option strategies with you!1We do not like this new interface of Fidelity. Definitely prefer the old way of showing our weekly recap. Anyways ... had a solid week! Most of the gains came from playing $Advanced Micro Devices(AMD)$$Tesla Motors(TSLA)$$Zscaler Inc.(ZS)$ this week ... combo of buying and writing options.Gonna continue playing those three (along with $Micron Technology(MU)$$NVIDIA Corp(NVDA)$ ) and sprinkle in the earnings plays next week ... utilizing strangles, spreads, and naked option strategies.2.Our options selling/buyin
Hi everyone. Today we’ll look at a particular software company for the first time: ServiceNow, Inc. (NYSE: NOW) NOW has been trading in a large ascending channel (in green) since 2017 and a secondary ascending channel (in blue, trend markup) since 2022. Stochastic RSI and RSI are in the middle of the range. The daily chart shows NOW breaking out from a shorter-term descending broadening wedge pattern and successfully retesting the breakout. Stochastic RSI is nearing a bullish crossover, suggesting that the uptrend is set to continue. The next target for this move should be to fill the bearish gap created at 776.65-785.92, before retesting the latest ATHs at 815.32. If this breakout fails, I’m watching for a retest of 707.60 (2021 ATHs). There are supports further down at the 674.60-676.19
*U.S. small-cap stocks outperform large-cap stocks again; China is about to hold the Third Plenary Session 🇺🇸 S&P 500: 0.55% 📈 🇺🇸 Nasdaq: 0.63% 📈 🇪🇺 Stoxx 600: 0.88% 📈 🇯🇵 Nikkei 225 Index: -2.45% 📉 🇭🇰 Hang Seng Index: 2.59% 📈 🇨🇳 CSI 300 Index: 0.27% 📈 * U.S. stocks rebounded on Friday, with the S&P 500 $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ and Nasdaq Composite $Nasdaq100 Bull 3X ETF(TQQQ)$ both up 0.6% and hovering near record highs, while small-cap stocks once again outperformed large-cap stocks, with the Russell 2000 rising 1.1% a
$Tesla Motors(TSLA)$ price took a nosedive, sending us back to $248.75. Is this just a brief pit stop or a sign of bigger trouble? Time to put on our thinking caps and dive deep into the charts and options markets to uncover the truth. First, the charts. We’re cruising above the moving averages, and the MA50 and MA200 lines are flirting with each other, ready for a "golden cross" rendezvous. If the MA50 crosses above the MA200, that’s like a kopitiam uncle declaring "shiok ah!" – very bullish. But, we’ve got to play the waiting game until they actually meet. Next up, the options market. Lots of put contracts at $230 are acting like our trusty kopi stall always got good coffee, providing solid support for Tesla. This suppo
Weekly: The small caps index jumped 6%. The ‘Trump Trade’ ramp up!
Last Week's RecapThe US Market - The small caps index jumped 6%The stock market had a big rotation last week, away from megacaps and toward small caps. The Russell 2000 Index jumped 6% for the week, as investors see a so-called soft landing for the broader economy giving a boost to smaller companies.The Dow closed above 40,000 on Friday, on the back of gains in Home Depot and Caterpillar as investors started to embrace some stocks outside of the technology bull market leaders this week.The S&P 500 and Nasdaq posted their worst day on Thursday since late April as investors sold their Big Tech winners in a major market sell-off, pushing Nvidia and Tesla lower by 5.6% and 8.44%, respectively.A soft CPI reading put Fed chief Jerome Powell's latest testimony in a more-dovish light, raising
Hong Kong stocks showed impressive performance this week, with the $HSI(HSI)$ up 2.77%.China released CPI and PPI data: June's CPI rose 0.2% year-on-year, marking the fifth consecutive monthly increase but slightly below analyst expectations. Meanwhile, PPI fell 0.8% year-on-year, continuing its decline for the 21st consecutive month.Overseas, the United States came a heavy positive, its June CPI rose 3%, slightly lower than expected 3.1%, further decline from the previous value of 3.3%, and decreased by 0.1% month-on-month, marking the first negative change since May 2020.As a result, market expectations for a September interest rate cut have risen to 80%!In terms of sectors, real estate and healthcare led the gains this week due to their sensitiv
COST Weekly Analysis: Shooting Star Pattern Signals Potential Reversal
$Costco(COST)$ Sometimes shooting stars have not an immediate effect, they can be followed by a last fake out before the reversal actually happens.Costco, a non tech giant has respected the reversal pattern, last week price caught up with the latest shooting star with high weekly volume validating a southbound move.Weekly RSI declined from 82.6.Imagehttps://x.com/SmartReversals/status/1812142631419302046