My decision to make an additional investment in Wynn Resorts (WYNN) $Wynn(WYNN)$ on September 20, 2024, is based on the company's strategic growth potential and the attractive value proposition it offers in the gaming and hospitality industry. Wynn's strong brand, premium positioning, and international expansion make it a compelling choice for both capital appreciation and long-term growth. Macau: A Key Growth Engine One of the most attractive aspects of Wynn's business is its significant exposure to Macau, the world's largest gaming market. With the recent renewal of its gaming concession contract for another 10 years, Wynn is well-positioned to capture the resurgence of gross gaming revenue in the region. As Macau continues to recover post
yes when I place order too fast and bought double the amount of shares I want to buy because I placed 2 orders! in the end I kept the shares because it was a good company. and good decision, as the price rose after a few weeks. so like your homework, always double check. And always buy fundamentally strong companies. you will have conviction to hold them for long time.
My additional investment in Apple (AAPL) $Apple(AAPL)$ stock on September 20, 2024, reflects a strategic move based on the company's resilient growth trajectory and its expanding role in AI-driven innovation. Despite the modest revenue growth expected in fiscal 2024, the projections for fiscal 2025 and beyond signal a promising outlook for both top-line and bottom-line expansion, positioning Apple as a strong long-term investment. Revenue Growth Set to Accelerate Apple is on track to generate $390 billion in revenue for the current fiscal year, representing a modest 2% increase from fiscal 2023. However, fiscal 2025 estimates forecast a more robust 8% growth, indicating the company is entering a period of
Singapore's Formula 1 race is here and the Lessons I Learnt From It
๐๐๐It's going to be an exciting weekend in Singapore with the Formula 1 Grand Prix taking place in Marina Bay Street Circuit between September 20 to 22! In 2023, more than 260,000 people flocked to the Marina Bay Circuit. This year promises yet another round of on track excitement. For those who are new to F1 racing, there will be 10 F1 teams competing for the world title. Max Verstappen and Red Bull Racing are the defending champions this season. The F1 Singapore Grand Prix is regarded as one of the most difficult races on the F1 calendar. The drivers have to grapple with high heat and humidity as well as an intense lap of near continuous corners that will test drivers to their limits lap after lap. The Marina Bay Circuit has 19 corners
Come share about how to make the most out of our cash in the coming era of low interest rates. History has proven that there are ways to make money: First, buy Index and / or investment funds (ETFs and REITS). One good example is $Invesco QQQ (QQQ) $ . It can rise 2.58% within a day . Second, Invest in individual stocks asthe prices of stocks held will rise as interest rates fall. Third, currency deposits and gold are best when market trends are uncertain. Thanks @TigerEvents @icycrystal
$John Deere(DE)$$NVIDIA Corp(NVDA)$ ๐บ๐ ฑ๏ธullish๐บ I have a buy order loaded for Monday ~ Iโm just hoping the new App update doesnโt purchase the stock at a higher price than I have entered, as it has done on the last three occasions! The developers really need to run diagnostics before implementing Updates. When there is an update to the Tiger app, there is always an issue. ๐๐๐พ Deere Takes the Lead: AI Innovation Poised to Send Stock to $625+!๐พ ๐๐ Kia ora Tiger traders! The agricultural industry is entering a new era of innovation, and at the centre of this revolution is Deere & Co. (DE). With AI-powered precision farming tools like See & Spray, Deere is reshaping the future of farming and
Earnings Calendar (23Sep24) - is Accenture worth a look?
Earnings Calendar (23Sep24) Q3/2024 has started and a few interesting earnings are coming in the coming week. This includes Micron, JBIL, Accenture, Costco and Blackberry. Let us look at Accenture. Observations about Accenture: Essentials revenue grew from $31.8 billion in 2014 to $64.1 billion in 2023. The operating profit grew from $4.2 billion in 2014 to $8.8 billion in 2023. Earnings per share grew from $4.52 in 2014 to $10.77 in 2023. The gross profit over a 10-year median margin is 30.7%. The free cash flow based on a 10-year median margin is 13.6%. The price-earnings (P/E) ratio is 30.2, which is a tad high. The recent news about Accenture included the delayed promotions and their foray into the AI cloud. Investing dot com has a โSELLโ rating for
Market Outlook of S&P500 - 23Sep24 > why are all technical indicators point to a ... ... ?
Market Outlook of S&P500 - 23Sep24 Observations: The MACD indicator has completed a top crossover which implies an uptrend. Let us look out for a โdouble topโ which suggests that a reverse is not far away. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long term. The 3 Exponential Moving Averages (EMA) lines have completed their crossover. This implies an uptrend. Chaikinโs Monetary flow (CMF) shows an uptrend but there seems to be more selling volume than buying. The line has started to trend downward. There is a chance that the majority of bulls may lose their energy in the coming days. I have replaced Stochastic with CMF to incorporate consi
Investment Reflection: Coterra Energy (CTRA) Put Option Strategy
Initial Position: August 23, 2024 On August 23, 2024, I initiated an option strategy by selling 2 contracts of Coterra Energy (CTRA) $Coterra Energy Inc.(CTRA)$ put options with a strike price of $23 and a maturity date of October 18, 2024, collecting an option premium of $36 per contract. The decision to take a bullish stance on Coterra by selling puts was based on the following positive factors: Coterraโs High Margins and Strong Cash Flow: Coterra Energyโs low debt levels, disciplined capital management, and quality long-life reserves gave me confidence in the company's ability to withstand market fluctuations, particularly in the natural gas sector. Depressed Natural Gas Prices: At the time, natural gas prices were low, but the long-term
Rate Cut Ignites New Opportunities: Where to Invest Now?
Overview of the Market: The recent rate cut by the Federal Reserve has introduced a unique scenario for Wall Street traders. Unlike previous cycles where rate cuts typically signaled economic weakness, the U.S. economy is currently expanding, corporate earnings are growing, and the stock market is reaching record highs. This has led to a shift in traditional investment strategies, as defensive sectors like utilities and consumer staples may no longer be the primary go-to options. With the Fed cutting rates by 50 basis points, investors are now exploring new sectors to benefit from this unexpected policy move. Chasing Financial Stocks: Historically, defensive sectors like utilities and consumer staples were favored during rate cuts, but this time, financial stocks have emerged as a strong c
$PING AN HKDIV(03070)$$GX HS HIGH DIV(03110)$$FB SSH HIGH DIV(03190)$$BOS CSOE HIDV(03437)$ Iโve been accumulating HK dividend ETFs whenever HK stocks start sliding. The recent volatile drop provided another opportunity to buy up more shares at a lower price and higher yield. Some names i like: 3070: heavier weighting in energy and financials 3190: telco, property and financials 3110: more diversified, larger number of holdings and lower average weight 3437: newly listed and holding only China State owned companies, no dividend history yet
$Qualcomm(QCOM)$ $Intel(INTC)$ $Taiwan Semiconductor Manufacturing(TSM)$ The rise of artificial intelligence (AI) is ushering in a new era for the semiconductor supply chain. Large server companies, once at the helm of component procurement, are now grappling with the complex demands of advanced GPU/CPU and accelerator subsystems. These high-performance components, often integrated with high-bandwidth memory using advanced packaging technology, necessitate power-hungry servers that require liquid cooling for optimal operation. Despite the seismic shifts
$Wal-Mart(WMT)$$John Deere(DE)$$Utilities Select Sector SPDR Fund(XLU)$$Vanguard Utilities ETF(VPU)$ ๐ Market Focus Shift: Consumer Confidence Sinks, Certain Stocks Feel the Burn! ๐ Kia ora Tiger traders! With consumer confidence at record lows, weโre seeing significant ripple effects across sectors that rely on discretionary spending. While Tesla is performing well, the focus here is on stocks that are directly impacted by shrinking consumer sentiment as households tighten their belts and prioritise essential spending. ๐ Stocks to Watch: Impacted by Consumer Confidence ๐ฅ Retail: Discretionary spending is down as co
$SPDR Gold Shares(GLD)$ ๐บ๐บ I've opened positions with a ๐ฏ target of $270-$280 Source: Kitco News The Leading News Source in Precious Metals Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments. Gold has been on an absolute tear in 2024, hitting record high after record high and surpassing a price of $2,600 per ounce for the first time in history after the Fed shocked market
Gold Prices Surge: Is It Time to Buy Barrick Gold Stock?
Overview Gold prices $XAU/USD(XAUUSD.FOREX)$ have recently surged to record highs, driven by a combination of Federal Reserve interest rate cuts and heightened safe-haven demand due to escalating geopolitical risks in the Middle East. Spot gold reached a peak of $2,630.93 per ounce, reflecting a robust 27% increase this year, signaling potential opportunities for investors considering Barrick Gold $Barrick Gold Corp(GOLD)$ stock. Record Highs Amid Economic Uncertainty On Monday, gold prices extended their gains, with spot gold trading at $2,628.25 per ounce as of 0524 GMT. The Federal Reserve's recent interest rate cut has s
Overview of the Markets: On Monday, Singapore's Straits Times Index (STI) $Straits Times Index(STI.SI)$ surged to its highest level since November 2007, bolstered by the impressive performances of the three major banks: DBS Group (DBS) $DBS Group Holdings(D05.SI)$ , United Overseas Bank (UOB)$UOB(U11.SI)$ , and Oversea-Chinese Banking Corporation (OCBC)$ocbc bank(O39.SI)$ . The STI rose 0.7%, reflecting a growing confidence in the local economy despite anticipated cha
I opened $Iris Energy Ltd(IREN)$ ,I bought IREN as it is currently on a strong upward trajectory. IREN, formerly known as Iris Energy is a Cryptocurrency Mining company that focuses on sustainable and efficient mining operations. In addition to Bitcoin Mining, IREN has strategically expanded into AI Cloud Services Sector. This new business has generated USD 3.1 million in revenue during its first year and highlights the potential for future growth as demand for AI solutions continues to grow. Wall Street Analysts are bullish on IREN with a Strong Buy rating, Target price of USD 15.63, a huge upside potential of 97%! That is simply amazing! ๐๐๐๐๐๐๐ฐ๐ฐ๐ฐ
Gold Prices Surge: Will Gold Reach $3,000 in 2024?
Overview Gold prices $XAU/USD(XAUUSD.FOREX)$ have once again reached record highs, reflecting ongoing market uncertainties and the potential for further interest rate cuts by the Federal Reserve. As the economic landscape evolves, traders and investors are keenly watching for signals that could influence the precious metal's trajectory, particularly with expectations that gold could reach $3,000 by 2024. Record Highs Amid Economic Uncertainty On Monday, gold prices during Asian trading hit a new all-time high, with spot gold climbing to $2,625.89 per ounce, surpassing the previous weekโs record. This surge is attributed to upcoming critical economic data releases from the United States, which may provid
Invest Smartly: Capitalizing on Meta's AI-Powered Glasses
Overall Market Overview In a rapidly evolving tech landscape, innovation is at the forefront, with companies vying to lead the charge in AI hardware. Recent developments surrounding Meta's $Meta Platforms, Inc.(META)$ AI-enhanced Ray-Ban glasses highlight a shift towards practical, stylish tech that seamlessly integrates into daily life. As investors, understanding how to leverage such trends can yield significant benefits in a competitive market. Fashion Meets Function: The Appeal of Meta Glasses Meta's Ray-Ban smart glasses, priced at a consumer-friendly $299, are positioned uniquely against pricier alternatives like Apple's $Apple(AAPL)$
$Tesla Motors(TSLA)$ $TSLA Tesla is up 4.5%. - Biden planning to ban all Chinese self-driving tech in the US, seems bullish for Tesla - Tesla put out a new video showing off the new Actually Smart Summon feature they have, getting the market excited about how strong FSD is becoming - 10/10 is getting closer. I think Tesla can continue gaining momentum in 2 very simple ways: 1.) More rate cuts 2.) They announce specific plans on robotaxi launch locations for 2025. Those 2 along with further energy growth (we just saw $CEG spike 30% because $MSFT is partnering with them for energy demands related to AI) and I think there is a path to $300 this year, especially if it can begin closing above $270 (the 52 week hig