To The Moon

$Coinbase Global, Inc.(COIN)$ announced its Q3 earnings yesterday, and the results fell short of expectations. As a result, the stock dropped 4.84% after hours.Coinbase’s revenue and profit were both below what analysts had anticipated. This disappointing report contrasts sharply with the recent surge in Bitcoin's price.In 2023, Bitcoin's price has soared by 70%, while Coinbase’s stock has only risen by 22%. So, why is Coinbase lagging behind Bitcoin?Performance ComparisonIf we compare their trends, both Coinbase and Bitcoin show similar patterns. However, Bitcoin is nearing its all-time high, while Coinbase is still far from its peak.Looking back over the last two years, Coinbase plummeted 86% in 2022, compared to Bitcoin’s 64% drop. In 2023, Coi

Hi everyone. Today I’ll be analysing a FinTech company: UP Fintech Holding Limited (NASDAQ: TIGR) TIGR has been basing for over 2 years between in a 3+ point range, with strong resistance at 5.80. When China announced a fresh round of quantitative easing measures in September, TIGR was a beneficiary of this news, and ripped above the 5.80 resistance that capped its upside for over 2 years. Since then, TIGR has been in a controlled selling phase back into prior resistance. The interesting thing is that most of the volume on it came at highs. This sell-off has been comparatively weak, and has not breached 5.80. If we look at more recent price action, TIGR actually found a short-term low at the 78.6% Fib retracement (not pictured here) at 5.87, taking the swing low of 3.39 and high of 14.48.

Note of this chart, you may need it later.Shares of $Eli Lilly(LLY)$took a big swing yesterday as the market was split on the outlook for hot diet pills following the Q3 earnings report.One of its leading products, the diet pills Zepbound and Mounjaro, sold poorly and guidance was lowered.Lilly's explanation for this was that wholesale distributors had more inventory in Q3, which took time to deplete, and did not reorder.The company's argument is far-fetched; if the market demand was strong, then distributors would have replenished as much inventory as possible, as they had done previously, rather than waiting for inventory to be depleted to a certain extent before waiting for the opportunity to replenish it;It could be that the market demand for t

Due to the volatility in the $Meta Platforms, Inc.(META)$ earnings market in previous quarters, META's expected volatility is the largest of the "Mag 6" volatility in the Q3 earnings season, which is usually in the 10% range.A fluctuation of 10% or more is not uncommon.Since META is currently the "Mag 7" company with the highest share price per unit, the relatively light trading on weekdays will emphasize Earnings' amplified sentiment.However, after reporting 24Q3 earnings after the bell on October 30th, META is down only about 3%, with a high probability of an option double dip.Overall, current-period results remain solidly ahead of expectations, and delivering on market expectations has been a no-brainer, especially in light of fairly high expectat

$Starbucks(SBUX)$’ recent quarterly earnings report painted a concerning picture as sales declined for the third consecutive quarter. Both revenue and earnings fell short of Wall Street’s expectations, with challenges in the U.S. and China—the company's two largest markets—pressuring results. The report, the first under new CEO Brian Niccol, highlights the need for a significant strategic shift if Starbucks hopes to regain its growth momentum and win back customers. For the fiscal fourth quarter, Starbucks reported net sales of $9.07 billion, down 3% year-over-year, and earnings per share of $0.80, missing analyst expectations of $1.03 per share. The weak performance marks a downturn from last year, where Starbucks earned $1.06 per share on $9.36

Earnings reports from major tech giants are coming this week! The world’s highest market-cap company, $Apple(AAPL)$ , will announce its Q4 fiscal 2024 earnings (the third calendar quarter of 2024) after the market closes on October 31.According to the latest analyst estimates, Apple’s Q4 revenue is expected to reach $94.316 billion, up 5.38% year-over-year, with an earnings per share of $1.53, a year-over-year increase of 4.77%. Breaking down by segment, Bloomberg's consensus forecasts are as follows:Hardware:iPhone, Apple’s flagship product, is expected to generate $44.965 billion in revenue, representing a 2.65% year-over-year increase and a 14.42% sequential increase.Mac revenue is projected at $7.749 billion, up 1.77% year-over-year and 10.6%