Weekly | Mineral Resources share price rockets 16% on $1.1 billion news!
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,118.80 on Friday, down 1.13% in the past 5 days.1. $MINERAL RESOURCES LTD(MIN.AU)$ +19.02%Mineral Resources share price soars on asset sale. Investors are bidding up the Mineral Resources share price after the company reported it has agreed to sell its two oil and gas exploration permits in the Perth Basin to Gina Rinehart's Hancock Prospecting. Hancock will pay the ASX 200 miner a total cash consideration of up to $1.13 billion.The MinRes board said on Thursday that it expected to hand down the conclusion of an investigation into the tax affairs of Mr Ellison by Monday. The miner also announced H
Earning 2% of pltr options daily selling covered calls
Absolutely fantastic move here, folks. Let’s break it down – this is what we call smart trading. I sold a Palantir (PLTR) put option with a $40 strike price, pulling in a premium of $1.21. Shortly after, I swooped back in and bought it at $1.17. That’s a quick profit of $0.04 per share – a total of $4 on the entire contract. Now, you may think, “Just $4?” But that’s called the art of compounding gains, folks! $PLTR 20241108 40.0 PUT$ This is what winning looks like: small, consistent victories that add up over time. We’re making money here, and we’re doing it on my terms. Think big, act fast, and always be in control. It’s like owning real estate – you don’t need to flip the whole building; just make each deal count. $4 n
Nvidia Gains Entry into the Dow: What Does This Mean for the Tech Stalwart? In a significant milestone, Nvidia, the leading designer of graphics processing units (GPUs) and a dominant player in artificial intelligence (AI), has gained entry into the prestigious Dow Jones Industrial Average (Dow). This move, widely seen as a recognition of the company’s rapid growth and influence, marks a new chapter for the tech giant. But what does this really mean for Nvidia and the broader market? Let’s take a closer look at the implications. A Symbol of Prestige and Stability Being included in the Dow is no small feat. The Dow Jones Industrial Average is often regarded as a bellwether for the U.S. economy and includes 30 of the most influential companies in the country. For Nvidia, joining this elite g
DBS - A Resilient Singapore Stock To Buy and Hold Long Term
🌟🌟🌟There is optimism in the air as I await DBS $DBS Group Holdings(D05.SI)$ Q3 24 Earnings scheduled on November 7. DBS's share price has been on a tear this year, reaching an all time high of SGD 39.70 on October 17. DBS is currently up 28% year todate, outperforming STI ETF $STI ETF(ES3.SI)$ which is only up 14.7% year todate. In fact when comparing the 3 Big Singapore banks, DBS is the top performer at 28% year todate compared to$ocbc bank(O39.SI)$ at 17% and $UOB(U11.SI
Second Anniversary. I feel a sense of nostalgia as I pen my current post, on the eve of my 2nd anniversary on $Nu Holdings Ltd.(NU)$. My first post on this Latin America bank dated back to 21 Nov 2022 after the bank has reported its Q3 2022 earnings. Click here !to read about its roots & all, imperative to-know. Here I am, 2 years on still covering this bank that has seen its ups & downs. Let’s go ! Preface. Nu Holdings has taken its investors on a wild ride since its public debut in December 2021. The Latin American digital bank went public at $9 a share, sank below $4 in 2022, and soared back to about $15
$Amazon.com(AMZN)$’s Q3 earnings report and the insights shared by CEO Andy Jassy underscore an all-in commitment to generative AI—a move that’s been met with both excitement and caution from investors. With a massive 81% surge in capital expenditures this quarter, primarily directed toward generative AI and AWS infrastructure, it’s clear that Amazon is betting big on a once-in-a-lifetime opportunity. In my view, Amazon’s substantial investment strategy positions it not only as a tech giant comparable to $Alphabet(GOOG)$ or $Microsoft(MSFT)$ but as one of the few companies with the infrastructure to capitalize on the AI explosion in a transformative way. Over the
AGNC Investment Corp.: Navigating the Reinvestment Tsunami with High-Yield Potential
AGNC Investment Corp. ( $美国资本代理公司(AGNC)$ ), a prominent mortgage real estate investment trust (REIT), has recently garnered attention due to its attractive dividend yield and potential for capital appreciation. Amidst the current economic landscape, characterized by the Federal Reserve's policy changes and the looming "Reinvestment Tsunami," AGNC presents a compelling case for income investors. Recent Performance and Market Conditions AGNC has recently reported earnings that missed analysts' expectations. The company posted $0.43 earnings per share (EPS) for the quarter, below the consensus estimate of $0.47. This weaker-than-expected performance has negatively impacted investor sentiment. The broader market conditions have also played a role. The
$Edenor S.A.(EDN)$ 🔺🅱️🆄🅻🅻🅸🆂🅷📈 I opened positions Post-Market. I plan to trade a short-medium term swing $40-$42, maybe sell the top and buy the dip again. Will see what happens on Monday market. Insider buyer hot 🔥🔥🔥 Source: MarketBeat Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is involved in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur SA. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN - Get Free Report) saw unusually-high trading volume on Friday . Approximately 49,560 shares changed hands d
NVIDIA’s Entry to the Dow: Will the Inclusion Spark a New Surge in its Stock Price?
The recent announcement that Nvidia ( $NVIDIA Corp(NVDA)$ ) will replace Intel in the Dow Jones Industrial Average ( $.DJI(.DJI)$ ) has sparked significant interest among investors and analysts alike. This change, set to take effect on November 8, 2024, is expected to have a substantial impact on Nvidia's stock price. This article explores the logical connection between Nvidia's addition to the DJIA and the anticipated rise in its stock price, the importance of this move, and historical examples to support this claim. Nvidia Shares Extend After the Bell Gains, Last up 2.8% The Rationale for a Stock Price Rise NVIDIA’s entry into the DJIA is significant because the Dow remains one of the most influential s
🌟🌟🌟Singapore Exchange or SGX $SGX(S68.SI)$ for short is Singapore's only stock exchange where companies can list their shares for investors to buy and sell. Therefore the SGX has a wide moat in Singapore. SGX share price reached a 52 week high in mid October at SGD 11.85 and is up 16.5% year todate. In 2023 SGX has risen 21.3%. On August 8, SGX reported FY2024 adjusted profit of SGD 525.9 million, 4.5% higher from previous year of SGD 503.2 million. Adjusted EBITDA was up at SGD 711.6 million compared to previous year at SGD 688.6 million. Adjusted earnings per share was 49.2 cents compared to previous year of 47.1 cents. Revenue increased 3.1% to SGD 1231.7 million versus pr
November Effect + Stock Buybacks: Will November Present a Better Month?
The market experienced significant volatility in October. $.SPX(.SPX)$ closed down 0.99% in October, marking the second month this year with a decline. This was mainly due to yesterday's sharp drop in SMCI and disappointing earnings from major tech companies.1. How do you trade in October?Chinese concept stocks rose continuously at the beginning of October but cooled off after China's National Day holiday. The upcoming election undoubtedly became the busiest hotspot in October, with DJT rising nearly 200% and Bitcoin returning above $70,000.Nvidia surged significantly, briefly surpassing Apple in market value, following TSMC's better-than-expected earnings report. 2. November effect come into play? As we enter November, seasonal patterns are expec
Angels heralding the Good News. During the last Fri, 25 Oct 2024’s trading session, share price of software giant $Palantir Technologies Inc.(PLTR)$ continued its upward momentum, reaching a new all-time high of $45 per share intraday and breaking a market cap of $100 billion for the first time. Following this rally, Wedbush’s Dan Ives in a “X” post referred to Palantir as the “Messi of AI,” likening the company’s growth in artificial intelligence to Argentinian soccer star Lionel Messi. The analyst, who initially projected that PLTR would reach $45, indicated that the company will likely grow further in 2025. He highlighted potential benefits from the expanding AI-driven market, positioning Palantir and its CEO, Alex Karp, at the forefront of the
Earnings Season: Check These Stocks Who Beat and Hit New Highs!
This week we had a busy earnings report week! Which stocks that beat expectations and rose have been missed? These stocks reached all-time highs or 52-week highs after their earnings reports.1. $Royal Caribbean Cruises(RCL)$ reached a record high of $214 due to strong third-quarter results and a positive outlook.EPS: $5.20, beating the analyst consensus of $5.04.Revenue: $4.89 billion, in line with estimates.EPS Guidance: Raised to $11.57-$11.62, in line with the $11.58 consensus.The cruise operator reported strong booking trends and load factors of 111% in Q3, reflecting high demand. Net yields rose 7.9% year-over-year in constant currency, supported by higher pricing and strong onboard spending.2. $Booking H
【Win 10,000 Tiger Coins】Trump vs. Harris: Who Will Win 2024 US Election?
Click to vote. Trump vs. Harris: Who Will Win the 2024 U.S. Election? If you get the correct answer, you may divide 10000 Tiger Coins with other Tigers.As the 2024 U.S. presidential election approaches on November 5, the race between Trump and Harris is tighter than ever. With only a few days left, this year’s election promises to be one of the most competitive and contentious in recent history.A Tumultuous Election SeasonThe 2024 election cycle has been anything but straightforward.Biden initially faced criticism after a challenging first debate in June, eventually stepping aside in July to endorse Harris as the Democratic nominee. Since then, Harris’s poll numbers have risen steadily, though Trump has recently closed the gap. The latest poll indicates a near deadlock, with Harris at 49%
General Electric (GE) Soon Enters Wave ((4)) and Presents Buying Opportunity
General Electric (GE) is a high-tech industrial company founded in 1892 through the merger of Thomas Edison’s Edison General Electric Company and Thomson-Houston Electric Company. GE operates through several key segments, including aerospace, renewable energy, and power. The company designs and produces commercial and military aircraft engines, renewable energy generation equipment, and various power generation systems. In this article and video, we will look at the Elliott Wave technical outlook for the company which will soon present an opportunity to buy the dips. General Electric (GE) Monthly Elliott Wave Chart Monthly Elliott Wave View in General Electric (GE) above shows a very nice 7 swing structure pullback. The correction ended at 27.28 on 5.1.2020 low as wave (II). The stock then
ULTA Beauty, Inc., (ULTA) operates as specialty beauty retailer in the United States. It offers branded & private label beauty products, including cosmetics, fragrance, haircare, skincare, bath & body products, professional hair products, salon styling tools through stores, shop-in-shops, e-commerce websites & mobile applications. It is based in Bolingbrook, IL, comes under Consumer Cyclical sector & trades as “ULTA” ticker as Nasdaq. ULTA ended impulse sequence as ((I)) in weekly at $574.76 high in March-2024. Below there, it favors pullback in ((II)) as double correction & remain choppy to lower for few months. ULTA – Elliott Wave Latest Weekly View: ULTA – Elliott Wave Latest Weekly View: In weekly, it placed (I) of ((I)) at $368.83 high in July-2019 &
Key Insights$.SPX(.SPX)$ breaks five-month win streak, with $Gold - main 2412(GCmain)$ seemingly becoming the ultimate risk-off asset.Try to manage your trades like a pro, and join trader communities to get real-time tips.Unlock value in CashBoost Account.1. Market recapAs US market is dragged down by the overwhelming risk aversion sentiment, uncertainty increases.On October 31, the $.SPX(.SPX)$ slid 1.9% on Thursday, its worst daily loss since early September. The tech-heavy Nasdaq 100 fell 2.4%.Both the $.SPX(.SPX)$ and $.IXIC(.IXIC)$ recorded their largest single-day dec
Weekly | HSI Volatility and Major Events Could Shape Future Trends!
This week, the Hong Kong market saw some fluctuations, with the $HSI(HSI)$ dipping slightly by 0.41%. CRIC announced that the sales of China's top 100 real estate companies reached 435.49 billion yuan in October. That’s a 7.1% year-on-year increase and a 73% jump from the previous month—marking the second-highest monthly sales this year. It’s also the first time this year that we’ve seen positive year-on-year growth in a single month!In addition, the National Bureau of Statistics released the manufacturing PMI for October, which came in at 50.1, surpassing analysts’ expectations of 49.9. This figure crosses the crucial line into expansion territory, signaling that the manufacturing sector is on the rebound. It’s the first economic data released sin
Elliott Wave View: Tesla (TSLA) Pullback Should Find Buyers
Tesla (TSLA) broke above the previous peak on 7.11.2024 high at 271 and thus opens a bullish sequence from 4.22.2024 low. Short Term Elliott Wave in Tesla suggests the rally from 8.5.2024 low is in progress as a 5 waves diagonal. Up from 8.5.2024 low, wave ((i)) ended at 264.86. Pullback in wave ((ii)) ended at 212.12 with internal subdivision as a zigzag Elliott Wave structure. Down from wave ((i)), wave (a) ended at 237.81 and rally in wave (b) ended at 252.80. Wave (c) lower unfolded as 5 waves like the 1 hour chart below shows. Wave (c) lower ended at 212.12 and this completed wave ((ii)) in higher degree. The stock has resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 239.56 and pullback in wave (ii) ended at 235.36. Wave (iii) higher ended at 262.12 and pullback
$DIREXION DAILY AMZN BULL 2X SHARES(AMZU)$$Amazon.com(AMZN)$ 🔺🅱️🆄🅻🅻🅸🆂🅷📈 $AMZN It's time!...P/E has compressed by a huge margin - koyfin I opened positions in AMZU Pre-market. Analysts are very Bullish 🐂 on AMZN 🎯 $205 for a short term swing. Watching $200 Call option at Open. $AMZN | Amazon Analyst Revisions & Ratings 👇 🔸 JMP Securities: Raised to $285 from $265 🔸 Truist: Raised to $270 from $265 – Buy 🔸 Stifel: Raised to $245 from $224 – Buy 🔸 JPMorgan: Raised to $250 from $230 – OW 🔸 Wedbush: Raised to $250 from $225 – Outperform 🔸 Citi: Raised to $252 from $245 – Buy 🔸 Evercore ISI: Raised to $260 from $240 – Outperform 🔸 Goldman Sachs: Raised to $240 from $230 – Buy 🔸 Cantor Fit