$IFAST(AIY.SI)$ Results are coming out tonight and market have priced in good results (edit : 25 Oct instead !). The question now is not whether the results are good compared to previous year but rather how good the results are . The PE ratio is crazy high which implies a high peg but sometimes I wonder if the price is too high. Am scared to average up my holdings. Vested in for a long time and this stock will be a mult bagger in years to come
Welcome to Thursday Special![LOL]Some people say investing is just turning what you know into money. What do you think? Is that what investing is all about?At the end of the day, investing is just making decisions, and those decisions come down to how much you really understand.Think of it this way: investing is like placing bets on an uncertain future. It’s all about finding the right balance between the chances of winning and the potential reward.The thing is, everyone sees the world differently. How you view an investment opportunity will always be a bit unique, and that affects the kind of decisions you make. Different perspectives mean different odds.But here’s the catch: if you’re chasing big rewards without having some solid certainty, that’s just gambling. And when everyone in the
CPI report release leads to S&P 500 index reaching a historic high; Chinese stock market experiences its largest drop since 2020 due to muted stimulus measures. 🇺🇸 S&P 500 Index: 0.71% 📈 🇺🇸 Nasdaq: 0.60% 📈 🇪🇺 Stoxx 600 Index: 0.66% 📈 🇯🇵 Nikkei 225 Index: 0.87% 📈 🇭🇰 Hang Seng Index: -1.38% 📉 🇨🇳 CSI 300 Index: -7.05% 📉 🇸🇬 STI: 0.56% 📈 Wall Street rose on Wednesday, with the S&P 500 and Nasdaq Composite increasing by 0.7% and 0.6% respectively, as tech stocks gained after the release of the Federal Reserve's meeting minutes and before the September inflation data and earnings season. Asia-Pacific markets fell, with the Hang Seng Index $HSI(HSI)$ and Shanghai CSI 300 Index dropping -1.4% and -7.1% respectively, as traders locked
$Advanced Micro Devices(AMD)$ is gearing up for a major AI event on October 10th, and the focus should be on product development rather than just hunting for new financial metrics. Analysts remain optimistic about chip stocks, believing AMD has significant long-term growth potential in AI. 1.Product Launch and Market CompetitionThis event marks AMD's first major product launch, but the key challenge lies in sales and functionality. Investors are aware of $NVIDIA Corp(NVDA)$ CEO Jensen Huang’s emphasis on the "incredible demand" for the upcoming Blackwell GPU, which raises the stakes for AMD.The real question is whether AMD’s roadmap can keep pace with Nvidia's developments. Ahead of the event, AMD unveiled
Palantir short float is up 45% over the past 2 weeks. This follows a consecutive short float increase of 23%. Short float now stands at 4.58%, up from under 3% last month. Basically, as the stock goes higher, more investors are getting interested in shorting Palantir.$Palantir Technologies Inc.(PLTR)$ The short float was going down for the majority of the year, but in the past month it seems to have increased at the fastest pace in 2024.
According to Fortune Business Insights, the global medical device market surpassed $500 billion in 2023 and is projected to reach nearly $890 billion by 2032, with a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032. Here are some standout medical device stocks to consider for 2024:1. $Abbott Laboratories(ABT)$ Abbott produces a wide variety of medical devices, including continuous glucose monitoring (CGM) systems, defibrillators, heart failure monitoring systems, mechanical heart valves, pacemakers, and spinal stimulators. The company also has diverse operations in pharmaceuticals, diagnostics, and nutritional products. Its FreeStyle Libre is the best-selling CGM device globally and an essential growth driver. Abbott has increased its d
$Tesla Motors(TSLA)$ ’s highly anticipated Robotaxi event, “We, Robot,” is just around the corner, and analysts are weighing in on what it could mean for the company.Stock Volatility and RecoveryEarlier this year, Tesla's stock plummeted nearly 43% in the first four months, wiping out over $320 billion in market value. However, thanks to improving quarterly delivery data and Musk’s confidence in the profit potential of autonomous driving, the stock has rebounded nearly 72% since hitting a low at the end of April.RBC Capital Markets analyst Tom Narayan is cautiously optimistic about the upcoming launch. He believes the event will be crucial in assessing the viability of Musk’s claims regarding the Robotaxi’s potential. Tesla plans to introduce its
Given the similarities between 2024 and 2007, particularly in the context of unexpected rate cuts leading to significant market rallies, it seems plausible that the S&P could hit 6000 by year-end. The positive market reaction to the Fed's decision and solid economic fundamentals suggest a bullish sentiment. In terms of strategy, taking profits may be prudent if you've already seen substantial gains, but staying firm with your holdings could capitalize on further upside potential. Overall, I lean towards a bullish stance given the current momentum and historical parallels. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SP
Don’t get too caught up with $NVIDIA Corp(NVDA)$ —its stocks have begun to underperform compared to the market. According to Bespoke Investment Group, despite Nvidia's recent surge, semiconductor stocks have still fallen short of the $S&P 500(.SPX)$ ’s performance this month.On Wednesday, the S&P 500 gained 0.7%, closing at 5,792.04—an all-time high. Meanwhile, Nvidia’s stock dipped nearly 0.2% during the trading session, bringing its October gain down to 9.2%.Bespoke pointed out that while Nvidia’s technical outlook may have improved, the overall semiconductor sector isn't showing strength. They noted that the $Philadelphia Semiconductor Index(SOX)$ faced
Tesla Embraces Robotaxi: Options Strategy for Bullish Bets
$Tesla Motors(TSLA)$ is set to hold its highly anticipated Robotaxi event on October 10, where it will finally unveil its long-delayed autonomous model.Live link: Elon Musk has claimed that this event will be “historic” and potentially the most significant in the company’s history. Many are calling it Tesla’s “most important moment” since the launch of the Model 3, to which Musk positively responded: “yes.”This event was originally scheduled for August 8 but was postponed, creating a lot of buzz and anticipation. When the delay was announced, Tesla's stock took a significant hit, underscoring the market
Option Movers | Palantir Nears $100B Market Cap, Options Pop; Traders Bet Tesla to $250 Ahead of Robotaxi Day
Wall Street stocks advanced on Wednesday (Oct. 9) with the S&P 500 and the Dow scoring record closing highs after the release of Federal Reserve meeting minutes and ahead of September inflation data and the earnings season.Regarding the options market, a total volume of 40,536,132 contracts was traded on Wednesday.Top 10 Option VolumesTop 10: $Nvidia(NVDA)$; $Tesla(TSLA)$; $Palantir(PLTR)$; $Apple(AAPL)$; $Super Micro Computer(SMCI)$; $Verizon(VZ)$; $AT&T(T)$;
Yesterday, the Dow and S&P 500 hit all-time highs again. Let’s take a look at which companies are following this upward trend!1. $Arista Networks(ANET)$ hit an all-time high again and reached $409.2 on Wednesday's trading.The staggering 72% rise this year con contribute to its strong performance in the cloud networking market, benefiting from the rising demand for scalable infrastructure.Despite higher operating costs and margin pressure, ANET’s growth outlook remains positive with strong demand and new product launches, driving optimistic earnings estimates.2. $Oracle(ORCL)$ has surged to an all-time high of $178, a 69% YTD gain.It's driven by its strategic moves into AI and cloud infrastructure mark
🌟🌟🌟The S&P500 and Dow Jones Index closed at record highs on Wednesday trading. The 3Q 2024 earnings season will kick off with the US major banks reporting on October 11. Leading the pack is JPMorgan and Well Fargo. $Financial Select Sector SPDR Fund(XLF)$ represents the best US financial institutions in just 1 ETF. These include banks, insurance companies, capital markets, mortgage real estate investment trusts and consumer finance companies. The Top 10 holdings include Berkshire Hathaway, JPMorgan Chase, Visa Inc, Mastercard, Bank of America, Wells Fargo, S&P Global, Goldman Sachs, American Express and Progressive Corp. The Top 10 holdings weightage is 53.9%. Total number of holdings is 72. The exp
Will the Robotaxi Event Propel Tesla Higher? In the world of electric vehicles (EVs), Tesla is already a dominant player, but the future of transportation might hold an even bigger opportunity for the company—robotaxis. The idea of autonomous ride-hailing fleets, or robotaxis, has long been a part of Tesla CEO Elon Musk’s vision for the company’s future. Musk has repeatedly mentioned that Tesla’s self-driving technology could enable a massive shift from traditional ride-sharing services, such as Uber and Lyft, to Tesla’s own autonomous fleet. But the question remains: Will the much-anticipated robotaxi event propel Tesla’s stock and market position even higher? The Vision Behind Tesla’s Robotaxi Tesla’s robotaxi concept hinges on the company’s Full Self-Driving (FSD) software. According to
I opened $NIO 20241108 7.5 CALL$ ,NIO: collect 4% premium from these covered calls with strike at $7.5 which is 22% higher than current market price. Contracts will expire in a month time on 8th Nov. NIO had taken another round of roller coaster after having rise up along major Chinese companies and then also to fall along them these past few days after news of economic announcements were not up to analysts expectations. Will sell covered call on then rain or shine.
I opened $IQ 20241101 3.5 CALL$ ,IQ: collect 2.25% premium from these covered call on IQ with strike at $3.5 which is 28% higher than market rate. Contract expires in 3 weeks which gives good rotations of capital if either exercised or expire worthless. Most Chinese stocks are coming down this week so premium will be lesser. But then, who knows what all these will happen.
I opened $Tesla Motors(TSLA)$ ,Bought more tsla before the robotaxi even as I believe they will announce something revolutionary. Tesla’s fsd and actual smart summon are more advanced than others and eventually all cars will not need human intervention. $235 was a strong resistance it should be a strong support. Price has been holding above it for now