To The Moon

News and my thoughts from last week (11Nov24) Image Spending within our means is basic prudence. It's not just about what is accomplished but how it is managed. What we need is a realistic mix of news so that we can best navigate and take advantage of the different opportunities presented. Image The average American household spends $270 a week on Groceries - X user Visual Capitalist Supply chain has always benefited from global crisis. Coming to first principal, we must be ready to change on my when a different set of key information is presented. Thank you The All in Podcast and Chamath Container ships continue to line up outside Canada’s busiest import gateway as carriers wait for a lockout of union longshore employees to end. - FreightWaves The mortgage rate has risen by nearly 1% sinc

My Investing Muse (11Nov24) Layoffs & Closure news Stellantis to lay off 400 workers at Detroit parts facility - Reuters Boeing to repay furloughed staff, proceed with job cuts - Reuters THE head of HSBC Holdings’s new global wholesale banking division said the lender will seek to wrap up an ongoing restructuring “very quickly” and could announce the first round of job cuts within weeks. - Business Times Sharan Hegde, the influential financial content creator with over 2.7 million Instagram followers, has announced the layoff of 15 per cent of his workforce. - LiveMint KPMG to Lay Off 4% of U.S. Audit Workforce to Counter Fewer Voluntary Exits - WSJ $5B petrochemical complex ceases operation in southern Vietnam - VN Express SPH Media cuts 10% of tech employees in restructuring move in

Both investing and speculating have distinct advantages and play unique roles in building wealth, depending on one's financial goals, risk tolerance, and market outlook. Personally, I see the value in both approaches but recognize that a more disciplined focus on investing would likely benefit me in the long run. Here are a few key points to expand on my perspective: Understanding the Difference: Investing generally involves buying assets with the expectation of generating returns over a longer period, relying on the fundamental strength and growth potential of the asset. Speculating, on the other hand, involves higher-risk positions in the hope of achieving short-term gains, often with less regard for underlying fundamentals and more focus on market momentum or timing. This distinction

While many investors and traders are closely watching big tech stocks like Nvidia, I think there are a few non-tech stocks that have also seen significant price movements recently but haven't received as much attention. One notable example is Prospect Capital Corporation (PSEC). PSEC’s stock price took a sharp hit last Friday, dropping over 14%, likely in response to disappointing fiscal Q1 results and an unexpected dividend cut—the first since 2017. This cut, though surprising, isn't entirely unwarranted given that the company swung to a loss in its fiscal Q1, facing pressures from high interest rates and fluctuating credit markets. Despite this setback, PSEC's dividend yield remains relatively high, which may continue to attract income-seeking investors, albeit with a more cautious out

$XIAOMI-W(01810)$  i invest in Xiaomi. As I have said, it's not easy to find a great company led by a capable, humble and smart entrepreneur. Xiaomi's mission, values and ecosystem plus it's range of products in the Human x home x car concept is well-liked. As long as the price I pay is fair, I continue to stay invested in Xiaomi for the long term. Time in the market for a great company is more important than timing the market. I have seen people trying to time an exit and entry in Xiaomi but to me, it just doesn't make sense as I'm investing in Xiaomi $Tiger Brokers(TIGR)$  $JD.com(JD)$  

Is China's ¥6 Trillions Debt Relief Sufficient? ¥150 Trillion Says No Last Friday in China, a ¥10 trillion debt restructuring plan was approved, shedding light on the government’s approach to fiscal strategy. This decision was reached during the 12th session of the National People’s Congress Standing Committee, which wrapped up on November 8. In addition to this plan, several laws were passed, including the Preschool Education Law and amendments to the Cultural Relics Protection Law, Property Law, Energy Resources Law, and the Anti-Money Laundering Law. This article is written by Shernice, please hit the like button if you like my article. The most widely discussed aspect of the session was the raised debt limit for local governments aimed at addressing “hidden” debts. Three key measu

$Palantir Technologies Inc.(PLTR)$ go Palantir.. Fly to the moon..

$Taiwan Semiconductor Manufacturing(TSM)$  

I opened $META VERTICAL 250117 CALL 610.0/CALL 590.0$  ,my outlook for META is bullish and I expecting the price to test the all time high again, given that the earnings is good and price moving above the 20 moving average. I plan to cut loss if the trade experience loss of 20% of traded value or share price drops below $563.I plan to take profit is the trade achieved >20% profit or the share price reaches the short call strike of $610.

I closed $SoFi Technologies Inc.(SOFI)$  ,SoFI: sold for profit at $11.50 as part of covered call that went into money on 8th Nov. SoFI close bullishly at $13.01 alongside many other bank counters. Happy to collect both premium on the options and also capital gains for the stocks. 

I opened $GLD VERTICAL 250117 CALL 257.0/CALL 248.0$  ,In the daily chart, it looks like GLD usually bounce up when it contacts the 20 moving average. And I think a low have recently been form. So, I decided to open this bull call spread. I plan to cut loss if the trade experience loss of >50% of the traded value or the share price reaches $245.I plan to take profit if thr trade achieved gain >50% of the traded value or the price reaches $255.Happy trading 😊

I opened $Alibaba(BABA)$  ,Sell put to earn premium and buy the share at $97 as it drop below the strike price.

I closed $UBER 20241220 87.5 PUT$  ,My cash-secured out got exercised early by the counter-party since it was massively in the money. Will look for opportunities to sell covered call to slowly reap back the loss

I opened $iPath Series B S&P 500 VIX Short-Term Futures ETN(VXX)$  ,I opened $iPath Series B S&P 500 VIX Short-Term Futures ETN(VXX)$ ,Take a look at the latest order I posted！The csp I had for VXX got assigned as if fell below $49. As of now VXX trades at $44.86 so about $4 under. Need another volatile session to let go of this else it'll continue to drop.