The unveiling of the Cybercab and Robovan at “Robotaxi Day” was supposed to be a game changer. Yet, crucial details were missing. Elon Musk's claims about self-driving taxis and humanoid robots left Wall Street disappointed.Market ReactionOvernight, $Tesla Motors(TSLA)$ shares plummeted, initially dropping over 10%. They closed down 8.78%, settling at $217.80.During the event, Musk revealed that the Cybercab might not hit the market until "before 2027," targeting taxi companies. He also projected that Tesla cars would achieve full autonomy in Texas and California next year, with the Optimus robot expected to be priced between $20,000 and $30,000. The Cybercab is set to be priced under $30,000.However, Morgan Stanley analyst Adam Jonas expressed hi
[Stock Prediction] How will NFLX close Friday 18/10 following their earnings?
Click to vote. Guess how $Netflix(NFLX)$ will close on Friday, October 18, following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.$Netflix(NFLX)$ is set to share its financial performance for the second quarter of 2024 after the bell on Thursday, Oct. 17, 2024.Netflix's Q3 revenue is expected to be $9.77 billion, rising 14.37% compared to the last year. Net income grew to $2.24 billion, or $5.16 per share, according to Bloomberg's consensus expectation. Yet new additions are expected to be 4.27 million, 51.3% lower compared to the same period last year.Subscriber growth remains a key metric that could influence the market’s reaction to Netflix’s Q3 resul
Hello everyone! Today i want to share some macro analysis with you!!1.Technical: Gold has climbed sharply from its intraday lows. Gold prices had touched a low of around 2643 in Asian trade on Monday. If gold prices break through the first target of 2668, this will pave the way for further big gains in gold prices. $Gold - main 2412(GCmain)$ Gold prices have shown a clear uptrend in the previous few sessions and are close to our first awaited target of 2668, and are now waiting for them to rise further and test the recently recorded high of 2685.5, which is also the next target for gold prices. It should be noted that the stochastic indicator is currently sending negative signals, which could hamper the gold price's mission to achieve the afor
Hello everyone! Today i want to share some option strategies with you!1. $.SPX(.SPX)$ on the verge of a breakout to 6000 this YEAR. SPX printed a new all time high on Friday above 5800 and continues to trend higher the past 4 days. SPX is setitng up for 5878 as long as it can hold a higher low above 5792 this week. I'd stay bullish if SPX holds 5800 through Wednesday📈 Bullish Trade Plan - Above 5800 - Oct 16 5840C - Target 5840 📉 Bearish Trade Plan - Under 5767 - Oct 16 5730P - Target 57402. $MicroStrategy(MSTR)$ Trade Idea: Oct 18th 225C 💡Trigger: Above 215 📈Target: 230 🎯Stop: 209 🛑Closed at 212.59. MSTR finally broke out above 200 on Friday and moved up to 212. MSTR is setting up for 258 possibly this y
Big Banks Drive Market Gains, Kicking Off Earnings Season with Strength
The major US stock indexes rallied to new record highs, propelled by strong earnings reports from major banks, marking the fifth consecutive week of gains. The Dow Jones Industrial Average surged 1% to close at an all-time high of 42,864, while the $.SPX(.SPX)$ rose 0.6%, also finishing the week with a new record close. Although the $.IXIC(.IXIC)$ inched up by 0.3%, it remains 1.5% below its July peak. These gains were bolstered by favorable corporate earnings and steady Treasury yields, which helped lift investor sentiment despite lingering inflation concerns. Market Reaction to Inflation Data and Treasury Yields Producer Price Index Remains Steady :PPI for September came in flat, providing some relief
Analysts from $Morgan Stanley(MS)$ are feeling optimistic about $NVIDIA Corp(NVDA)$ 's stock after talks with the company's executives. They believe that as demand for GPU chips continues to rise, NVIDIA's market value is likely to keep climbing.During a three-day conference in New York, Morgan Stanley's analysts met with CEO Jensen Huang, CFO Colette Kress, and other members of the management team. Post-meeting, they noted a sustained growth in market demand, suggesting that NVIDIA's stock could even surpass its previous all-time high.Analyst Joseph Moore highlighted that the management’s optimistic outlook indicates we are still in the early stages of an AI investment cycle. He reiterated his "overweight"
AAPL, URA, XLRE, SPY& NVDA Enjoy Great Potential Here!
Hello everyone! Today i want to share some technical annlysis with you!1. $NVIDIA Corp(NVDA)$ is on the verge of breaking out from a nearly 4-MONTH range. 🔥2. $SPDR S&P 500 ETF Trust(SPY)$ vs. $iShares 20+ Year Treasury Bond ETF(TLT)$ 20+ Year Treasury BondThe SPY/TLT chart is breaking out to new all-time highs, with stocks dominating long-term bonds since 2019. If the Fed keeps cutting rates, equities could see an even bigger boost as risk appetite grows. 🤑3. $Real Estate Select Sector SPDR Fund(XLRE)$ Real Estate ETF vs. Median Home PricesSince COVID, the median sales price of homes has jumped roughly 30%. With the F
$Taiwan Semiconductor Manufacturing(TSM)$ just reported impressive sales figures and is set to release its Q3 earnings this week. As a leading player in chip manufacturing, TSMC remains one of the biggest beneficiaries of the AI boom, thanks to growth from NVIDIA and other companies.Earnings and ForecastWhile we await TSMC's earnings, cash flow, and outlook for Q4, Wall Street analysts project Q3 earnings per share (EPS) to be around $1.79. This would represent a 39% increase year-over-year, with revenue also expected to rise by 30%. Analysts anticipate that earnings and revenue growth will align, indicating stable profit margins.On one hand, TSMC’s growth in revenue and production could lead to increased operating leverage and corresponding profit
$Direxion Daily FTSE China Bull 3X Shares(YINN)$ 🔺🅱🆄🅻🅻🅸🆂🅷🔺 🅷🅰🅾! I've just opened positions in Pre-Market trading 14OCT24 🇳🇿 🅱🆄🆈 🅱🆄🆈 🅱🆄🆈 🆈🅾🆄 🅽🅴🅴🅳 to keep buying YINN in this mid channel drop between $37 - $41. 🇨🇳 China is committed to stimulating growth. China says it plans to "significantly increase" debt to revive economic growth. 🇨🇳 CHINA'S CUSTOMS: CHINA'S TOTAL IMPORTS AND EXPORTS REACHED 32.33 TRILLION YUAN IN THE FIRST THREE QUARTERS, UP 5.3% Y/Y, SURPASSING 32 TRILLION YUAN FOR THE FIRST TIME. EXPORT VALUE 18.62 TRILLION YUAN +6.2% Y/Y, IMPORT VALUE 13.71 TRILLION YUAN, +4.1% Y/Y. ⚡#China's Jan-Sept #trade with ASEAN +9.4% y/y to 5.09 trillion yuan📈 🇪🇺EU +0.9% y/y to 4.18 trillion yuan 🇺🇸US +4.2% y/y to 3.59 trillion yuan📈
$YZJ Shipbldg SGD(BS6.SI)$ Let's discuss and predict how low YZJ will dip after announced that arbitration proceedings were commenced at an arbitration tribunal in London by certain unnamed entities on June 10, 2022. The claims are for 10 shipbuilding contracts valued at US$900 million and entered into between the group’s subsidiaries and the unnamed entities. When YZJ announced it signed the P&A contract, The share price spiked up about 5-10%. [Surprised] With the claim of up to USD 900m and the impacts of cancellation of the contract... YZJ will face selling pressures and revaluation. [Cry] Estimate YZJ will fluctuate around 238-246 and 238-228 during Nov ar
$Alibaba(BABA)$🔺 🅱🆄🅻🅻🅸🆂🅷🔺 🔵🅱🅻🆄🅴 🅻🅸🅽🅴 🅱🆁🅴🅰🅺🅾🆄🆃🔵 $MATTHEWS CHINA ACTIVE ETF(MCH)$$GRANITESHARES 2X LONG BABA DAILY ETF(BABX)$ 🚀🚀🚀 Alibaba Breakout: Ready for Liftoff Once the Blue Line Clears! 🚀🚀🚀 Kia ora Tiger traders! Alibaba (BABA) is teasing us with its price action, getting closer to $111.05—that all-important blue line on the chart. Once BABA breaks through, we could see it skyrocket faster than you can sip your morning coffee ☕️. Let’s get into the breakdown and see why this stock is about to expand quickly 📈! 🔥 Chart Breakdown: Blue Line = Takeoff! 🔥 Currently, BABA is trading at $110.90 (+0.69% post-market), and it’s eyeing the $111.05 resistance lev
Does AMD Have a Good Shot at Challenging Nvidia’s Dominance? In the world of high-performance graphics processing units (GPUs), Nvidia has long held the crown, particularly in the realms of gaming, artificial intelligence (AI), and data center computing. However, Advanced Micro Devices (AMD), Nvidia’s main competitor, has made significant strides in recent years, particularly with its Radeon graphics line and its efforts in the AI and data center markets. The question now is: Does AMD have a realistic chance of challenging Nvidia’s dominance? Nvidia’s Current Dominance Nvidia’s position at the top of the GPU market is the result of several key factors: 1. Technological Leadership: Nvidia has consistently been at the forefront of GPU technology, launching a series of highly successful arch
$Netflix(NFLX)$🔺 🅱🆄🅻🅻🅸🆂🅷 🔺🍿🍿 🅴🆇🆃🆁🅴🅼🅴‼️❣️ 🚀🍿🚀🍿🚀 The Netflix Earnings Binge: Big Moves, Bigger Profits! 🚀🍿🚀🍿🚀 Kia ora Tiger traders! Big earnings this week!!! Banks finish AND Tech starts! $ASML, $NFLX, $TSM, $JNJ, $UNH. Jobless Claims on Thursday. This week, Netflix ($NFLX) is poised to make headlines with its earnings report on Thursday ~ and it’s set to be huge! There’s chatter of a stock split, a potential bullish cup-and-handle pattern, and key levels that could push $NFLX up to $800. If you’re not watching this closely, you might be missing the next blockbuster in your trading portfolio! 🎬📈🍿 💥 Key Levels to Binge Watch On: • $733 🟥 (Resistance) – Can Netflix break through this and start the next bullish chapter? • $722.66 🟩 (Support) – The s
Can We See Surprise Better NII From Bank of America (BAC) Earnings?
$Bank of America(BAC)$ is expected to report its third quarter 2024 earnings before market open on 15 October 2024. Market is mostly upbeat toward Bank of America (BAC) ahead of the financial giant's third-quarter earnings report. But there is a concern on BAC's traditional consumer banking areas (credit card, auto, mortgage and personal loans) are slowing down, as seen in the first half of 2024, there is no significant growth in the deposit and investments. Earnings per share is expected to come in at $0.76, down 14.4% year-over-year (YoY), on revenue of $25.3 billion (+0.4% YoY). Why Net interest income (NII) Matter Net interest income (NII) is a financial performance measure that reflects the difference between the revenue generated from interes
Earnings Calendar (14Oct24) - Can Netflix DOUBLE again?
Earnings Calendar (14Oct24) Q4/2024 has started. We have some interesting earnings namely, Citi, ASML, TSMC, Netflix and Goldman Sachs. Let us look at Netflix. Observations about Netflix. Revenue grew from $5.5 billion in 2014 to $33.7 billion in 2023. Gross profit grew from $1.7 billion in 2014 to $14 billion in 2023. The operating profit grew from $403 million in 2014 to $6.9 billion in 2023. Earnings per share grew from $0.62 in 2014 to $12.03 in 2023. The price-earnings ratio is 44.2. The 10-year median margin gross profit stands at 37.6%. The 10-year median margin for free cash flow stands at a negative 6.7%. The stock grew 103.21% from a year ago. Investing dot com has a “Strong Buy” rating from Technical Analysis. For Analysts’ sentiment, there is a “Buy” rating with
Could Robotaxis Be $UBER's Next Drive Opportunity?
All major U.S. indexes rose Friday on the back of encouraging inflation data and positive earnings from big banks. That gave them a winning week. $Tesla Motors(TSLA)$ shares slumped 8.8% after the company’s “We, Robot” event disappointed investors. But the best-performing concepts is Passenger Ground Transportation.Considering the different perceptions of the stock, this time TigerPicks chose $Uber(UBER)$ to have a fundamental highlight to help users understand it better. $Uber(UBER)$ Uber is a global platform that allows people to book rides, order food, and transport goods easily. Despite its wide reach and essential services, the company's stock has remained s
Market Outlook of S&P500 -14Oct24 > what does 21 indicators tell us about S&P500?
Market Outlook of S&P500 -14Oct24 Observations: The MACD indicator is showing an uptrend. 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 are on an uptrend. Chaikin’s Monetary flow (CMF) shows an uptrend. This implies more buying momentum than selling. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more capable for “false” signals. They recommend a “STRONG BUY” based on a 1D interval from investing dot com. 21 indicators point to a “BUY” rating and there are zero indicators with a “SELL” ra