$SPX, $QQQ & $IWM - Bounce from the lower Bollinger Band
$.SPX(.SPX)$ - Bounce from the lower Bollinger Band, and bullish crossover in Stochastic.This move was mentioned last Friday as a possibility, also yesterday for $Invesco QQQ(QQQ)$ and the level to watch now is the 20DMA, which could set resistance given the weakness in breadth.Image2. $Invesco QQQ(QQQ)$ - As anticipated yesterday, the position of the candle and the shape of the Bollinger band suggested a bounce. The 20DMA set resistance today while the oscillators indicate the bullish move has just started.Image3. $iShares Russell 2000 ETF(IWM)$ - Solid Breakout, 50DMA was the bouncer and the oscillator is turning bullish
$Constellation Energy Corp(CEG)$ Company overview Constellation Energy is the America largest producer of reliable, clean, carbon-free energy. The company's generation fleet includes nuclear, hydro, wind, and solar facilities, providing enough power to serve over 16 million homes and businesses. They are committed to sustainability and have set ambitious climate goals, including achieving 95% carbon-free electricity by 2030 and 100% carbon-free electricity by 2040. Key Brands: Constellation Energy, Baltimore Gas and Electric (BGE), Constellation NewEnergy, and Constellation Technology Ventures. Products: Electric power, natural gas, and energy management services. Earnings overview Constellation Energy continues Q3 2024 earning continue
Buffett Holds a Record Cash Pile: What It Means for Apple, the Market, and How Investors Can Act Now
Warren Buffett’s recent moves, including a significant reduction of Apple shares and Berkshire Hathaway’s record $325.2 billion cash reserves at the end of Q3, have drawn considerable attention. Known for his long-term value-driven strategy, Buffett’s actions are often scrutinized as they frequently signal broader market trends and sentiments. So, what does this mean for Apple’s future, the market’s direction, and individual investors? Let’s dive in. Apple’s Moat: Strong but Facing New Challenges Buffett’s significant reduction in Apple shares has raised questions about Apple’s economic moat, a term Buffett uses to describe a company's sustainable competitive advantage. Apple has long been the crown jewel of Berkshire Hathaway’s portfolio, representing over 40% of its holdings at one point
Realty Income (O), Trend Reversal May be Around the Corner?
$Realty Income(O)$ company overview Realty Income Corporation, also known as The Monthly Dividend Company, is a prominent real estate investment trust (REIT) that specializes in the ownership, development, and management of commercial and industrial real estate assets. Realty Income is known for its consistent monthly dividend payments, having declared 644 consecutive monthly dividends throughout its 55-year operating history. The company focuses on investing in people and places to deliver dependable monthly dividends that increase over time3. Oversold It seems like Realty Income (O) has been experiencing some selling pressure recently. The stock has declined by 5.1% over the past four weeks, and it's currently in oversold territory with an RSI (Rel
$Wynn(WYNN)$ Company overview Wynn Resorts is known for its high-end properties and amenities, including luxurious hotel rooms, expansive casino spaces, fine dining, entertainment options, and world-class spas. The company continues to expand its presence in key markets, including Las Vegas, Macau, and Boston. Earnings overview Here's an overview of Wynn Resorts' recent earnings: Q3 2024 Earnings Summary: Revenue: $1.693 billion, a slight increase of 1.3% year-over-year. Earnings Per Share (EPS): -$0.29, compared to -$1.03 in the same period last year. Adjusted Earnings: $98.90 million or $0.90 per share, which was below analysts' consensus estimate of $1.01 per share. Operating Revenues: Las Vegas: $607.2 million Boston: $214.1 million Macau: $87
$Gartner(IT)$ Company overview Gartner is known for providing actionable, objective insights to executives and their teams, helping them make faster, smarter decisions and achieve stronger performance on their mission-critical priorities. The company's research and advisory services are highly regarded in the tech industry, and it has a strong reputation for its rigorous, vendor-agnostic analysis. Global Presence: Gartner operates in nearly 90 countries and territories with over 85 offices worldwide. Products: Gartner Magic Quadrants, Hype Cycles, Peer Insights, and various research reports and tools. Key Services: Research, Consulting, Conferences, and Executive Programs. Gartner AI Business Gartner is actively involved in the generative AI (GenAI)
$NVIDIA Corp(NVDA)$ $Palantir Technologies Inc.(PLTR)$ People need to remember that not every company is $NVDA $NVDA is a complete outlier and deserves its market cap now because their Revenue, Earnings, FCF and margins were astronomically exceptional April 2023: Revenue: $25 Billion Earnings: $4 Billion FCF: $5Billion July 2024: Revenue: $96 Billion Earnings: $53 Billion FCF: $46 Billion Net Margin increased from +18% to +55% They results deserve a high premium on fundamentals But even these premium levels are dwarfed by $PLTRs fundamentals now
I. Performance and Valuation of Global Equity Indices Data source: Bloomberg, 2024/10/28-2024/11/03, compiled by Tiger Brokers II. Key Market Themes i. Trump’s Odds Decline, U.S. Election Uncertainty Remains – Watch Out for Market Panic This week, the results of the U.S. election are about to be announced. Just a few days ago, the market believed that Trump was almost guaranteed to win, but multiple polls released over the weekend show that the Democratic Party currently holds an advantage in several swing states. As a result, Trump’s odds on Polymarket plummeted from 66% last week to as low as 54%. On some other platforms, Harris's support rate has even surpassed Trump's, leaving the suspense of this election until the last moment. The capital markets quickly reacted as well, with Tr
$Palantir Technologies Inc.(PLTR)$ I opened further positions in PLTR - it is ruling the roost today!🚀🚀🚀 📈 🔺🅱️🆄🅻🅻🅸🆂🅷 🔺📈 My 🎯$56 PLTR is now over $50 for the first time ever! Palantir $PLTR is now at a $108.5 Billion market cap currently the 157th largest stock in the 🌏 🌎🌏. $PLTR is now larger than Starbucks $SBUX and Deere $DE! Wedbush analyst Dan Ives just raised his price target on Palantir $57 up from $45 while maintaining his Outperform rating. CEO Alex Karp said: “We absolutely eviscerated this quarter, driven by unrelenting AI demand that won’t slow down. This is a U.S.-driven AI revolution that has taken full hold. The world will be divided between AI haves and have-nots. At Palantir, we plan to power the winners”
Lockheed Martin vs. GE Aerospace: A Defense Industry Showdown
Lockheed Martin ( $Lockheed Martin(LMT)$ ) and GE Aerospace ( $GE Aerospace(GE)$ ) are two titans in the aerospace and defense industry. Both companies are known for their cutting-edge technology, strong financial performance, and significant contributions to national security. This analysis will delve into the fundamental strengths, weaknesses, and future prospects of these industry leaders to determine which stock offers a more compelling investment opportunity. Lockheed Martin is one of the largest defense contractors globally, specializing in advanced technology systems. Its core segments include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems, with well-known produc
Block (SQ) Cash App GPV To Watch For Earnings Surprise
$Block(SQ)$ will be releasing its third quarter 2024 financial results for the third quarter of 2024 on 07 Nov (Thursday) after market close. For the most recent quarter, Block was expected to post earnings of $0.76 per share, but it reported $0.93 per share instead, representing a surprise of 22.37%. For the previous quarter, the consensus estimate was $0.62 per share, while it actually produced $0.85 per share, a surprise of 37.10%. Earnings per share is expected to come in at $0.88. So I am expecting a EPS surprise from Block. Strong Positioning in the Digital Payments Industry Block’s strong positioning in the digital payments industry on the back of its robust payment and point-of-sale (POS) solutions. Its rich partner base, including the likes
DraftKings (DKNG) Monetization Trends Would Be In Focus
$DraftKings Inc.(DKNG)$ will be reporting its third quarter earnings results for 2024 after market close on Thursday (07 Nov). This online betting company have a forecast of a slight third-quarter earnings beat and full-year guidance raise, "driven by slightly favorable sport outcomes and healthy user acquisition, retention, and monetization trends." Wall Street expects DraftKings to disclose a third-quarter loss of 41 cents per share – an improvement over the 61 cents per share it lost in the year-ago period. Revenue estimates are for $1.1 billion (+39.2% YoY). Institutions Influence On DraftKings (DKNG) Significant The ownership structure of DraftKings (DKNG) stock is a mix of institutional, retail, and individual investors. Approximately 43.85%
July 2024. Back in July 2024, $SUPER MICRO COMPUTER INC(SMCI)$ was still regarded as one of the hottest stocks in recent years, due to its closed association to artificial intelligence (AI). It develops and manufactures high-performance server and storage solutions based on modern and open architecture, with a focus on liquid cooling technology. The company has increased its revenue in fiscal 2020 (ended in June) to $11.81 billion, from $3.33 billion in the last 12 months, driven by strong demand for its products and services. Valued at a market cap of $50.2 billion, SMCI stock has returned: A staggering +968% since the start of 2023. A whooping > +3,330% in the last decade. With such glowing account, who would have thought tha