$NVIDIA Corp(NVDA)$ Dear fellow Bulls 🐂 of my dear NVDA...🔺📈B⃣U⃣L⃣L⃣I⃣S⃣H⃣📈🔺 Whose 👀 watching that 〰️ channel line near $126-127 for a decision⁉️ Gap left to fill at $119.50 - $120.60 Whose up $10 from $115 if you added buy last week? All those Bears waiting 🐻📉 for under 🔻📉🔻$100 again 😂🤣🚀🌛🌝 Update on $NVDA We bought the $114.60 to $115 dip and are up nicely. Now we are watching this trend line and gold tops at $126-127.50. This could be a right shoulder of Head & Sholders, if we get that bearish wave anticipated on an earlier chart, or if we move and hold over the line then we go with bullish momentum targets of $128.60 and $133.70. I think this is a late Phase B Wyckoff on the 4hr chart 📈📊. Please see the attacged image. The A
U.S. Stocks' Remarkable 2024 Run Is Likely to Continue During the Fourth Quarter The $S&P 500(.SPX)$ has risen on average more than 2% during the fourth quarter in years when it rose 20% or more during the first nine months U.S. stocks have had a remarkable run during the first nine months of 2024 - and if the past is any guide, it will likely continue over the next three months. Dow Jones Market Data crunched the numbers and found that the S&P 500 index typically continued to climb during the fourth quarter after rising 20% or more during the first nine months of the year. Since 1950, the S&P 500 SPX has achieved a 20% increase during the first nine months of a year 10 times, including in 2024. In
US Market Insights (7-11 Oct): CPI Set to Test the Market
The S&P 500 and Nasdaq 100 edged up 0.26% and 0.15%, respectively, last week. Major market movers included Microsoft $Microsoft(MSFT)$ (-2.79%), Tesla $Tesla Motors(TSLA)$ (-3.99%), P&G (-2.69%), Nike $Nike(NKE)$ (-8.04%), Nvidia $NVIDIA Corp(NVDA)$ (+2.9%), Meta (+5.04%), Exxon (+7.78%), ConocoPhillips (+9.38%), and Salesforce (+4.02%). Key economic events this week include the FOMC minutes and CPI (Thursday), and PPI (Friday). Important earnings reports this week feature Pepsi on Tuesday, Delta on Thursday, and JPMorgan, Wells Fargo, and BlackRock on Friday. Things You Should Know Before Starting Your Week
What better to teach an young to invest at MacDonald
Fun and Learning at McDonald’s Shark Slide Event$McDonald's(MCD)$ Start by bringing your child to a free event at McDonald’s, like the shark slide event, where kids can exchange points for exciting activities. Make this a fun day out while subtly introducing the concept of points as a form of currency. Let them see how they can “trade” points for a fun experience. This will help them understand the basics of using resources to get something valuable in return. McDonald’s Smart Promotion Strategy As you both enjoy the event, point out how McDonald’s is cleverly using this event to attract parents and children from all over the country. Explain that McDonald’s is offering fun for free, but at the same time, they’
The monthly Market Cycle Guidebook is a key resource for investors — providing insight into the stage of the business cycle, monetary policy trends, leading indicators, earnings momentum, valuations across multiple different assets and markets, long-term return expectations, and tactical asset allocation views.Key Findings from the Latest Monthly pack:Global monetary policy settings are increasingly shifting from headwind to tailwind as inflation falls and economic cycle data remain soft.Among the asset classes most at risk given valuations and the stage of the cycle are US tech stocks, US dollar, corporate credit.Areas which see superior upside risk/reward meanwhile include government bonds, commodities, emerging markets, and certain sectors on a tactical basis such as defensives, REITs
$Advanced Micro Devices(AMD)$ $Shopify(SHOP)$ have experienced a 4 consecutive weeks up moves, which have exceeded its one standard deviation price run. In order to break the sequence, it is possible that the price will move lower. Standard deviation (SD) is a statistical measure that indicates how much a stock's price typically deviates from its average price. A price movement exceeding one, two or more SD suggests a more significant deviation than usual, potentially signaling a trend change or overbought/oversold territory. $Airbnb, Inc.(ABNB)$
What to Expect in the Week Ahead (CPI Index and Fed Officials' Speaks; Earnings From PepsiCo and JPMorgan) Despite a tumultuous week marked by a temporary port strike, fluctuations in Chinese stocks due to stimulus measures, and geopolitical tensions in the Middle East, markets showed resilience, returning to their September closing averages by Friday. After trading hours, major indices reported gains: the $S&P 500(.SPX)$ climbed by 0.90%, the $DJIA(.DJI)$ increased by 0.81%, and the NASDAQ Composite (.IXIC.US) saw a rise of 1.22%. This turnaround underscores a robust market recovery, navigating through various globa
Stock Buyback Programs Surge in Popularity in 2024, Despite 1% Tax Buybacks are popular in a hot stock market as concerns about a potential increase to the 1% buyback tax heat up Companies have been feverishly announcing plans to buy back their own stock this year, despite the S&P 500's 20% surge to record highs and the 1% tax in place on share repurchases. Announced buyback plans have already topped $1 trillion since January, and could eclipse the previous annual record of $1.2 trillion set in 2022. Winston Chua, an analyst for EPFR's liquidity offerings, said he expects to see a new record for buyback plans to be reached in October or by the end of November. Corporate executives typically receive stock-based compensation, which means top brass have incentive to drive share prices hig
Caterpillar Inc ( CAT): Trading Higher Within A Wave (III), Target Above $600.00
Caterpillar Inc., commonly known as CAT, is a leading American manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Caterpillar operates globally and is known for its extensive product line, which includes machinery like bulldozers, excavators, wheel loaders, and haul trucks. Below we will look at the long term Elliott Wave outlook of the company. Caterpillar Quarterly Elliott Wave Chart Caterpillar Quarterly Elliott Wave Chart Quarterly Elliott Wave chart of Caterpillar above (CAT) shows that the stock extended higher strongly within wave (III). The subdivision of wave (III) is unfolding as a nesting 5 waves impulse. Up from wave (II), wave I ended at 173.24 and dips in wave II ended at 87.50. The
International Business Machine Corp (IBM): Showing a Bullish Sequence And Looking for A $400.00 Target
IBM, or International Business Machine Corporation, is a multinational technology company headquartered in Armonk, New York. IBM operates in over 175 countries and offers a wide range of products and services, including cloud computing, artificial intelligence, computer hardware, and software. The company is also a leader in quantum computing and has made significant advancements in this field. This article and video look at the Elliott Wave outlook of the IBM. IBM Quarterly Elliott Wave Chart IBM Quarterly Elliott Wave Chart Quarterly Elliott Wave Chart of IBM above shows the stock formed a bullish sequence. It has broken above wave ((I)) peak, confirming the bullish sequence. Rally to 206.22 ended wave ((I)) in grand super cycle. Down from there, wave (w) ended at 111.66 and wa
Why Teaching My Kids On Investing Set Them Up For Future Financial Success
🌟🌟🌟Warren Buffett said that it is never too early whether it is teaching kids the value of a dollar, the difference between needs and wants or the value of saving - these are all concepts that kids encounter at a very early age, so it's best to help them understand it. When my son was only 5, he wanted me to buy a new toy car. I asked him how he thought I was going to pay for it. He said "You just tap that plastic thing and you get money." To help my kids develop financial literacy, I explained that "needs" are things that our family must have to survive, while " wants" are things that are nice to have but our family can live without. I believe it is good to start money conversations early and keeping them positive. I try to integrate money conversations i
Weekly: Chinese stocks on a tear, CPI and banks earnings in the week ahead
Last Week's RecapThe US Market - Stocks rallied as an expectation-defying jobs reportStocks rallied on Friday after an expectation-defying jobs report gave investors confidence around the health of the economy, erasing losses seen in recent days. Mounting geopolitical tensions in the Middle East gave way to a shaky start in October for stocks.Friday's Data showed nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150,000 from economists polled by Dow Jones. The unemployment rate fell to 4.1%. The news for the equity market as it increases the potential for a soft landing.China’s stimulus sent the Nasdaq Golden Dragon Index soaring 12.5% in the last four days, and it skyrocketed nearly 40% for September. Goldman’s specialist Scott Rubner thinks the long
$Invesco QQQ(QQQ)$ - Price Action is Fighting at $480That S/R level is acting well as support, anyway the 5DMA in confluence with 10DMA continues as the main hurdle. Anyway, it's interesting that the StochRSI is close to oversold levels already, price has been resilient for two days.A narrow zone will define the path for tech:Bullish above $484Bearish below $480ImageResistance at the Volume ShelfThe 1.19% jump is encouraging, but similar candles have anticipated a pullback (orange arrows). For bullish cases (green arrows), the oscillator was in a clear uptrend, not like today. Check the $Cboe Volatility Index(VIX)$ chart in bio, open (free) for everyone, volatility is still on the horizon. Imagehttps://twit
1.Stock prices go up long-termMostly true... but perhaps more importantly, dividends -- i.e. investors incomes, go up over the long run(a reminder that dividend yield matters, but growth of dividends over time also matters!) $S&P 500(.SPX)$$SPDR S&P 500 ETF Trust(SPY)$ Image2.Thematic Capex is going Crazy! I don't think people really grasp the scale or significance of what's going on here and how it's being fueled by so many factors AND the impact of all this in years to comeImage3.One way to think about this chart is that if stocks head higher following Fed rate cuts then you probably don't get recession...But, if they head down... different story:Imagehttps://twitter.com/topdowncharts/status/184
Chinese AI and chipmaking stocks listed in HK are soaring
Chinese AI and chipmaking stocks listed in HK are soaring today. $SENSETIME-W(00020)$ +17% $SMIC(00981)$ +23% $HUA HONG SEMI(01347)$ +25%Why? Because Beijing isn’t sitting on the sidelines anymore. They’re unleashing one of the biggest - if not THE biggest - stimulus package in history.Now that funds are taking a good hard look at China again, they realize these companies continue to trade at fractions of the sizes of Western peers. And that Biden’s efforts to keep them down have only yielded the opposite results.It’s going to be a few more years before China rivals the US for the most advanced chip design and chipmaking tech. But they’ll get there… and funds
$S&P 500(.SPX)$ - Hanging Man at the Volume ShelfThe Point of Control acted as a bouncer considering the economic news, aspects to consider:*Orange arrows highlight similar candles preceding declines.*Green arrows highlight similar candles followed by bullish continuation, both had oscillator in uptrend, not the case this time, and comparable with the red circle.*The higher Bollinger band is narrowing, as red arrows highlight in previous occurrences of bearish continuation.Different indicators suggest caution is still key, Support levels must be used as insurance reference.Imagehttps://twitter.com/SmartReversals/status/1842300017819726230