6.61K
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07-25
I opened $BIDU 20240823 83.0 PUT$ ,BIDU: collect 1.95% on this cash secured put for BIDU with strike at $83 which is about 7% lower than market price. Contract duration was for 30 days expiring 23rd Aug. BIDU hit the low on 2nd July at around $85 before rebounding sharply higher to $104 only to reverse its course. Earnings on 22nd Aug likely increase volatility for this trade. Will monitor how the trade goes.
TOPOlgaRichardson: Why Baidu keeps dropping despite its Robotaxi
2.71K
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07-26
I closed $Kanzhun Limited(BZ)$ ,I closed all my short positions in Boss today. Shorting Chinese stocks might not yield high returns if the Nasdaq trend improves.
474
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07-26
Market Highlights 💡 - 26 July 2024
*Global markets continue to struggle as tech stocks sell off 🇺🇸 S&P 500: -0.51% 📉 🇺🇸 Nasdaq: -0.93% 📉 🇪🇺 Stoxx 600 Index: -0.71% 📉 🇯🇵 Nikkei 225 Index: -3.28% 📉 🇭🇰 Hang Seng Index: -1.77% 📉 🇨🇳 CSI 300 Index: -0.55% 📉 * U.S. stocks extended losses, with the S&P 500 and Nasdaq Composite down -0.5% and -0.9% $Nasdaq100 Bull 3X ETF(TQQQ)$
TOPBased on the market highlights for July 26, 2024: Global markets continue to struggle as tech stocks sell off: S&P 500: -0.51% Nasdaq: -0.93% Stoxx 600 Index: -0.71% Nikkei 225 Index: -3.28% Hang Seng Index: -1.77% CSI 300 Index: -0.55% U.S. stocks extended losses, with the S&P 500 and Nasdaq Composite down 0.5% and 0.9% respectively. Economically sensitive sectors such as energy, industrials, and financials rose as investors are paying attention to upcoming price data to respond to the possible direction of large-cap stocks. U.S. GDP rose 2.8% year-on-year in the second quarter of 2024, beating estimates. Consumer spending and business investment rose steadily, boosted by a build in inventories and higher government spending. However, the real estate market's recovery and a widening trade deficit have exerted a slight drag on the economy. U.S. jobless claims fell to 235,000 in the week ended July 20, slightly below the forecast of 237,000. This indicates that the labor market remains in good shape. The world's best-selling drug, AbbVie's Humira, has seen a 30% drop in sales as multiple biosimilars enter the U.S. market. The increased competition has led to lower prices as AbbVie aims to maintain market share. The People's Bank of China unexpectedly cut its medium-term lending facility by 20 basis points to 2.3%, the largest reduction since April 2020. This move is seen as a coordinated effort to ease monetary policy and influence the market. Key Takeaways: The sell-off in global markets is driven by concerns about overpriced tech stocks. Attention will be focused on the monthly personal consumption expenditures (PCE) data released in the United States, which will provide clues on the direction of interest rates ahead of the Federal Reserve meeting next week. Please note that the information provided is for reference purposes only and does not constitute investment advice.
63.56K
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07-26
I opened $iShares Silver Trust(SLV)$ ,I bought SLV ETF as part of my portfolio diversification. With the possible cutting of interest rate by the Feds, I believe that Silver prices will rise. Silver is also used commercially apart from being a precious commodity like Gold.
SLV
07-26 03:47
USiShares Silver Trust
| Side | Price | Realized P&L |
|---|---|---|
| Buy Open | 25.40 | +0.28% Holding |
TOPGreat choice on adding SLV to your portfolio for diversification! Silver’s dual role as a precious metal and an industrial component gives it a unique edge. With potential interest rate cuts by the Fed, the outlook for silver does look promising. What are your thoughts on the balance between its industrial demand and its appeal as a safe haven? Cheers, BC 🍀
416
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07-25
$TSLA Vertical 240726 205.0P/215.0P$ Shirt term bearish on Tesla. Strong support at 200. Decided to do a bear spread rather than an outright short. Might initiate a bullish call next week.
TOPSmart move with the bear spread on Tesla! Strong support at $200 makes it a strategic choice. What signals will you look for to decide on the bullish call next week? Cheers, BC 🍀
875
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07-25
Not really linked to the recent sea of red in nasdaq. Haha. Been lagging in my portfolio for a while. Has continued selling covered calls on it, to slowly recover from the loss. Well, There’s ups and downs in investing . Just how do we manage it
TOPWow, ups and downs are part of investing.
3.77K
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07-26
CRWD : Post-Disaster - Bust or Boom ?
Recap. On 19 Jul 2024, $CrowdStrike Holdings, Inc.(CRWD)$ has a massive outage that brought many industries and organizations, including banks, airlines, train operators, and supermarkets, around the world to a standstill. As a result, its stock price suffered a major dip, and analysts’ new price targets reflected the magnitude of the recent event. Stock Re-Forecast Some market experts have reduced their price targets on CRWD shares or downgraded their rating. (1) Piper Sandler, Managing Director & Senior research analyst, Rob Owens who: Changed his price target to $310, from $400 (a 22.50% downgrade). Maintained the ‘neutral’ score. (2) BTIG, Managing Director and Security & infrastructure software analyst, Gray Powell : Downgraded CR
TOPSince CrowdStrike has already admitted responsibility, they could be on the hook for $billions. Other than to day trade, those driving it up, I wouldn’t touch it.
967
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07-25
"Mag Seven" Plunge as AI Bubble Bursts Early
Wednesday saw the "AI trade" hit a rough patch, with the "Magnificent Seven" suffering their biggest one-day drop since October 2022.图片According to $DJIA(.DJI)$ market data, the market-cap-weighted index of these seven companies plummeted 4.1%, marking a cumulative decline of 9.8% since their recent peak on July 10. Over the same period, the Roundhill Magnificent Seven ETF tanked more than 11%, entering correction territory for the first time since last October.MV vanished by over $1.7 trillionSince the July inflation report fell short of expectations, markets have grown more optimistic about multiple Fed rate cuts by the end of 2024, with the first cut anticipated in September. Since then, the combined market value of the "Magnificent Seven" has
TOPWow, big drop for the "Magnificent Seven"! Tesla's earnings miss and Alphabet's AI spending really shook things up. Do you think tech will bounce back soon, or is it time to focus on small-cap and value stocks?Cheers, BC 🍀
404
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07-25
Is China Preparing for Economic War? Stockpile Secrets Exposed | 🦖 #TheInvestingIguana EP469
🟩 China's been on a massive commodity shopping spree, and it's got the world wondering: what's really behind their billion-dollar stockpiles? Join Iggy, your favorite financial iguana, as he dives deep into China's secret commodity hoarding and uncovers the shocking truth that every investor needs to know. In this eye-opening video, we'll explore how China's stockpiling frenzy could be a sign of something much bigger - a potential economic war on the horizon. Despite a slowing economy and sky-high prices, China's been setting records for imports of key resources, from oil and gas to metals and grains. But is this just a case of increased consumption, or is there a hidden agenda at play? Iggy will take you on a thrilling journey through the complex world of geopolitics and economics, reveal
477
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07-25
Market Highlights 💡 - 25 July 2024
* Global markets fall as tech stocks sell off; Hang Seng falls to three-month low on corporate earnings worries 🇺🇸 S&P 500: -2.31% 📉 🇺🇸 Nasdaq: -3.64% 📉 🇪🇺 Stoxx 600 Index: -0.61% 📉 🇯🇵 Nikkei 225 Index: -2.30% 📉 🇭🇰 Hang Seng Index: -0.91% 📉 🇨🇳 CSI 300 Index: -0.63% 📉 * U.S. stocks tumbled, with the S&P 500 and Nasdaq Composite down -2.3% and -3.6% respectively, with the latter posting its biggest one-day percentage drop since October 2022 as Tesla's weak earnings report dampened market sentiment. * Asia-Pacific markets continued to slump, with the Hang Seng Index and the CSI 300 Index falling -0.9% and -2.1% respectively, as concerns about weak earnings may have an impact on already depressed market sentiment, following recent salary cuts in the financial services industry , headwi
TOPHere are some news articles related to the market sell-off and tech stocks on July 25, 2024: Hong Kong Stocks Hit 3-Month Lows Following Tech Rout on Wall Street, Rate-Cuts Not Helping Much: Hong Kong stocks reached their three-month lows following the tech collapse on Wall Street. Tech giants like Alphabet and Tesla reported disappointing numbers, and AI trade experienced a cooldown. Hong Kong Shares Close Lower; Tech and Oil Stocks Weigh: Hong Kong shares closed lower, dragged down by tech and oil companies. Investors are waiting for more specific policies from the upcoming Politburo meeting at the end of the month. Chinese Shares Broadly Lower as Oil, Tech Stocks Weigh: Chinese shares ended mostly lower, influenced by the selloff in oil and tech stocks. The sluggish performances across Asian markets and Wall Street's sell-off also impacted investor sentiment. Hong Kong Stocks Retreat to 3-Month Lows as Wall Street Tech Rout Dents Risk Appetite: Hong Kong stocks slid, joining the global market rout triggered by the unwinding of AI trades. Mega-tech companies from Alphabet to Tesla delivered disappointing results, denting risk appetite. Please note that these articles provide an overview of the market sell-off and its impact on tech stocks. For more specific information about a particular company, I recommend checking the stock quote page or conducting a detailed analysis.
2.19K
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07-25
[Options] Goldman Sachs gives attractive straddle options for July earnings season
Goldman Sachs is once again recommending straddle options, a strategy where investors buy both call and put options. Goldman believes that with U.S. stocks reaching new highs this year, options might be a more attractive alternative to owning the stock outright.Goldman Sachs identified 25 companies where they believe the implied volatility (IV) underestimates the potential stock price movement on earnings day, making straddle options appealing. Among these, notable picks include $Meta Platforms(META)$ $Eli Lilly(LLY)$ and $Marathon Digital Holdings Inc(MARA)$Meta Platforms (META): With earnings set for July 31, Goldman suggests buying straddles before IV spikes. T
323
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07-25
Lost $11k from yesterdays session. But I’m not afraid and still holding strong Buying da dip if it dips further!!!! 💪🏼💪🏼💪🏼
339
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07-25
$AI 20240809 26.0 PUT$ $AI 20240809 25.0 PUT$ Put Ratio Spread in play. Will hit max profit if price is at $25 on expiry date.
945
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07-25
$SE 20240816 65.0 PUT$ $SE 20240816 72.5 CALL$$Sea Ltd(SE)$ The Protective Collar Strategy A protective collar consists of: a long position in the underlying security a put option purchased to hedge the downside risk on a stock a call option written on the stock to finance the put purchase.
TOPNice work! 👏👏
2.55K
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07-25
$Alphabet(GOOGL)$ I prefer to wait and Buy the Dip [Happy] [Happy] instead of buying the ETF. Overall Long Term direction of Google is still 👆👆.. Markets Corrections or Retracement will always be part of the games 😉
300
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07-25
$AAPL 20240726 220.0 CALL$ nice bounce in the first half of trading session
3.48K
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07-26
🔥Tell us your tricks for creating wealth on the market!
Hi, Tigers!Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!Click here to join the Topic & Win coins >>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.[Winners Announcement:25 July]1.Here are the 4 Tigers whose post has the best quality & interaction yesterday: @nerdbull1669 @
TOPBuy low Sell high. Right time Right place. Study the company background and direction, do not listen to those self proclaimed Top/ Talk analysts... Ultimately you need to have holding powers 😉
245
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07-26
$MDB 20240802 282.5 CALL$ Went long MongoDb. Looks like momentum picking up
157
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07-26
$MET.HK 20240730 105.00 PUT$ Sold for a quick flip. Still holding into 110 puts
444
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07-25
Geopolitical Tension Should Not Be the Reason to Avoid ASML
ASML ( $ASML Holding NV(ASML)$ ) is currently trading 20.58% below its all-time high of $1098.95 and remains 2.55% higher than its previous low of $852.84. Key Points About ASML: 1) Lower Earnings Growth Due to Reduced EUV Deliveries, Expected to Change in 2H2024 Both sales and net profit beat street expectations: Net sales: €6.24 billion vs €6.03 billion expected Net profit: €1.58 billion vs €1.43 billion expected 2Q2024 sales saw a -9.55% YoY growth, while operating income declined -18.93% YoY. The primary reason for lower revenue/operating income growth is the reduced EUV deliveries in Q1 and Q2. Only 19 EUV systems were sold in Q1 and Q2 2024, compared to 31 during the same period last year. During ASML’s earnings call, CEO Christophe Fouq
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