To The Moon

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,593.41 points, down 1.29% points last week.During the last 5 trading days, $DFIRG USD(D01.SI)$, $SATS LTD.(S58.SI)$, $Keppel DC Reit(AJBU.SI)$, $IHH(Q0F.SI)$ and $Bumitama Agri(P8Z.SI)$ are the top 5 weekly gainers, up 7.76%, 6.93%, 4.89%, 4.11% and 4.00% respectively.$Mapletree PanAsia Com Tr(N2IU.SI)$, $NIO Inc.(N

As a stocks and options trader, incorporating Bitcoin (BTC) into my portfolio offers powerful diversification and performance-enhancing opportunities. With BTC recently hitting $68,000 on October 24, 2024, and the market anticipating further gains, it’s a timely opportunity to share how I am thinking about strategically integrating Bitcoin with my traditional trading framework. My thought process includes portfolio allocation, how Bitcoin complements stocks and options trades, and risk management techniques. Let’s explore how BTC can enhance returns without compromising on portfolio stability. 1. Why Bitcoin Fits into My Portfolio Strategy Bitcoin offers a unique value proposition in traditional portfolios. Here are some key benefits: Low Correlation with Stocks and Bonds: While BTC someti

The Nasdaq and the S&P 500 gained on Thursday(Oct. 24), driven by Tesla's positive earnings forecast and a decline in Treasury yields from a three-month high, which buoyed market sentiment despite declines from some corporate results.Regarding the options market, a total volume of 40,917,936 contracts was traded on Tuesday.Top 10 Option VolumesTop 10: $Tesla(TSLA)$; $Nvidia(NVDA)$; $SoFi Technologies(SOFI)$; $Apple(AAPL)$; $MicroStrategy(MSTR)$; $Super Micro Computer(SMCI)$; $AMD(AMD)$;

Recently, $US10Y(US10Y.BOND)$ yield has surged to 4.5%, rising 80 basis points from its low a month ago. This change has sparked widespread attention in the market, especially against the backdrop of the Federal Reserve's unexpected 50 basis point rate cut on September 17. At this time, market expectations for rate cuts and economic recession were at their peak, and looking back at history, this moment coincidentally marks the bottom of interest rates. $iShares 20+ Year Treasury Bond ETF(TLT)$ $The Upward TrendOverextended ExpectationsFirstly, market expectations for rate cuts have been overextended. Over the past year, any point in time when rates were projected to de

The VanEck Junior Gold Miners ETF (GDXJ) is an exchange-traded fund that aims to replicate the performance of the MVIS Global Junior Gold Miners Index. This index tracks the overall performance of small-capitalization companies primarily involved in mining for gold and silver. GDXJ Monthly Elliott Wave View Gold Miners Junior ETF (GDXJ) ended wave ((II)) in grand super cycle degree at 16.14. From there, The ETF is rallying in the form of an impulse. Wave (I) rally ended at 52.5 and dips in wave (II) pullback ended at 19.52. The ETF is rallying higher in wave (III) as a nest. Up from wave (II), wave I ended at 65.95. Wave II pullback ended at 25.80. The ETF should continue to extend higher as far as it stays above 16.14. GDXJ Daily Elliott Wave View Daily Elliott Wave Chart of GDXJ shows th

After forming the low on September 26, 2022 low, GBPUSD shows an incomplete higher high bullish sequence. This suggests the right side is higher and dips therefore should see support in 3, 7, or 11 swing. The pair is currently correcting cycle from 10.4.2023 low. Internal subdivision of the correction is unfolding as a double three Elliott Wave structure. Down from September 26, 2024 peak, wave W ended at 1.3089 and wave X ended at 1.3175 as 1 hour chart below shows. Pair has resumed lower in wave Y with internal subdivision as a double three in lesser degree. Down from wave X, wave (a) ended at 1.3019. Wave (b) rally ended at 1.31 and wave (c) lower ended at 1.297. This completed wave ((w)) in higher degree. Bounce in wave ((x)) ended at 1.307 with internal subdivision as zigzag. Up from

Pltr  $PLTR 20241122 40.0 PUT$  When trading PLTR options, I focus on key metrics like Delta and Theta to shape my strategy. In this example, the Delta is -0.294, which means there is roughly a 29% chance that the option will be assigned by the expiration date. Delta also indicates how much the option’s price will change in relation to a $1 move in the underlying stock. In this case, for every $1 PLTR moves, the option price will change by $0.29. Knowing this helps me estimate potential profits or losses and informs decisions about selling or holding the option. Some might say it's a holy grail$Palantir Technologies Inc.(PLTR)$   Theta, at

Micron Technology, Inc. (MU) designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit.  Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. MU Weekly Chart March 2023 MU Weekly Chart March 2023  As we see in the chart above, we ended an impulse as wave I at $96.96 high. Then, the market did an expanded flat correction (3-3-5) causing the price to drop to $48.43. We labelled this low as wave II. From here, we expected to continue the rally as long as the price stays above wave II. (If you want to learn more about flat corrections, please follow these links:&nbs

Short Term Elliott Wave View in S&P 500 Futures (ES) suggests that cycle from 8.5.2024 low is in progress as a 5 waves impulse. Up from 8.5.2024 low, wave 1 ended at 5669.75 and dips in wave 2 ended at 5394. The Index extends higher in wave 3 towards 5830 and pullback in wave 4 ended at 5724. Internal subdivision of wave 4 unfolded as a zigzag structure. Down from wave 3, wave ((a)) ended at 5756.2 and wave ((b)) ended at 5822.50. Wave ((c)) lower ended at 5724 which completed wave 4 in higher degree. The Index has resumed higher in wave 5. Up from wave 4, wave (i) ended at 5808 and pullback in wave (ii) ended at 5725.25. Wave (iii) higher ended at 5846.50 and pullback in wave (iv) ended at 5811.50. Final leg wave (v) ended at 5918.50 which completed wave ((i)) in higher degree. Correc