Hi everyone. Today we’re going to be looking at a cybersecurity company: Cloudflare, Inc. (NYSE: NET) NET has been trading in a series of higher highs and higher lows since IPO. Following the 2021 high, NET has fallen back into its IPO support trendline (in purple). NET’s move higher from its IPO support trendline was led by a trend markup. However, the stock since broke below its trend (in dark green) and has since been supported by its secondary trendline (in light green). However, given that these are shorter-term trends, they can break provided we do not lose the “master” trend on NET (in purple). We can see that the key resistance now is the 116-122.13 area, which was strong resistance in 2022, and also a strong resistance in February this year after earnings. NET is currently basing
$.SPX(.SPX)$$SPDR S&P 500 ETF Trust(SPY)$$NASDAQ 100(NDX)$$Invesco QQQ(QQQ)$$.DJI(.DJI)$$GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$ Long-Term StrategyThe USMAI remains solidly within a Bullish trend zone, which supports a Buy and Hold approach for long-term investors:Trend Details: A steady uptrend with occasional, brief corrections. The buying pressure remains strong, indicating high return potential with minimized risk over the long term.Position Details:Buying Price (Aug 11, 2024): 5,551.0Current Price (Nov 4, 2024): 6,018.1Gain:
S&P500 closed at Record High! Which ETF to Invest?
🌟🌟🌟What an amazing week it has been! The S&P 500 Index closed at Record High on Friday, November 8 at 5995.54 as the US markets celebrate Donald Trump 's stunning win in the US Presidential Election. I am so happy that SPLG$SPDR Portfolio S&P 500 ETF(SPLG)$ also closed at Record High too at USD 70.37. SPLG ETF seeks to track the performance of the S&P500. This ETF is a low cost version of $SPDR S&P 500 ETF Trust(SPY)$ . Both ETFs are managed by State Street Global Fund Managers. The S&P500 is designed to measure the performance of the large cap segment of the
$Grayscale Ethereum Mini Trust(ETH)$ 📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 I have a bid in to open positions in $ETH Monday 11Nov24 NZ 🇳🇿 time. 🧿📈🚀 ETH’s Rise: Ready to Eclipse BTC? 🚀📈🧿 Kia ora Tiger traders! It’s a hot week for crypto! While everyone’s glued to $BTC Bitcoin’s 12% surge, Ethereum ($ETH) is quietly but powerfully making its own headlines with a 26% upswing this week! Could $ETH outshine BTC in the short term? Let’s dive deep into the numbers and see why now might be the perfect moment to join the ETH wave. 🌊 📅 Latest Updates & Performance Highlights: • Ethereum’s Current Price: $2.77 • Weekly Performance: Up +26%, outpacing Bitcoin’s 12% gain. • &nbs
Data Center revenue hit $3.5 billion in Q3 2024, growing 122% year-over-year, fueled by AI demand. Ryzen processors drove Client segment revenue to $1.9 billion, a 29% year-over-year increase, bolstering AMD’s profitability. Data Center operating income soared 240% to $1.041 billion, reflecting strong margins and high-demand products like EPYC CPUs. Gaming revenue dropped 69% to $462 million, while Embedded fell 25%, impacting AMD’s growth diversification. AMD trades near $140, with a technical target of $196, bolstered by November’s favorable seasonality and momentum indicators. da-kuk/E+ via Getty Images Investment Thesis Since our last coverage, Advanced Micro Devices, Inc. (NASDAQ:
When Did It Begin? It was over a little 2 years ago that $Globalstar(GSAT)$ first became “known” to investors. It happened on 07 Sep 2022, when $Apple(AAPL)$ formally announced that they have selected Globalstar Inc, as its partner for an iPhone14’s feature that allowed users to send emergency messages from remote locations. (see above) Two years on, the two companies are taking another step to work even closer. Apple will be taking a 20% stake in its iPhone satellite connectivity partner, a stake that is worth $400 million, as part of Apple’s expansion deal with GSAT. In addition, Globalstar will also receive a prepayment of $1.1 billion from Apple to be used to improve its satellite infrastructure. Sinc
Earlier reports indicated that Trump intends for Powell to complete his term, which expires in May 2026, though “he may change his mind at any time.”If Trump were to replace Powell, would it be a good or bad thing? Powell has demonstrated his determination to fight inflation, which contrasts with Trump’s policies. After Trump’s successful election, market expectations for a Fed rate cut have decreased. However, US stocks have still risen significantly.During this week's FOMC, reporters kept asking a series of questions such as, “Does the president have the authority to make you leave?” Powell made it clear that even if Trump asked him to step down as Fed chair, legal protections prevent him from being "removed." Do you support Musk becoming a cabinet member?Aside from Powell's position, an
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,295.10 on Friday, up 2.17% in the past 5 days.1. $NEUREN PHARMACEUTICALS LTD(NEU.AU)$ +35.27%Neuren Pharmaceuticals has announced robust financial progress in Q3 2024, with DAYBUE™ achieving net sales surpassing US$250 million, triggering a US$50 million sales milestone payment. Additionally, Neuren will benefit from a one-third share of the US$150 million sale of a Priority Review Voucher by Acadia Pharmaceuticals. The company’s expected full-year income ranges between A$216 million and A$218 million, bolstered by royalties, milestone payments, and interest income.Investors have been buying this
$DraftKings Inc.(DKNG)$ DraftKings (DKNG) could benefit from the FOMC rate cut Lower Borrowing Costs. Reduced interest rates can lower the cost of borrowing for DraftKings, making it easier to finance operations and expansion efforts.Lower interest rates generally encourage consumer spending, which could lead to higher demand for DraftKings' services. Positive Market Sentiment Rate cuts often boost investor confidence and can lead to higher stock prices, benefiting companies like DraftKings. Which is currently happening now. Q3 Financial Performance DraftKings reported its Q3 2024 earnings with several key highlights: Revenue: The company posted $1.1 billion in revenue, a 39% year-over-year increase. Monthly Unique Payers (MUPs): MUPs reached 3.6
Nvidia, My AI Tactical Bet Has Become The Most Valuable Company In The World
🌟🌟🌟This has been a week like no other as Donald Trump won an astounding victory to be the 47th President of the United States of America. On top of that the Feds has cut interest rate by 0.25% pivoting the US markets to hit new highs. This week Nvidia $NVIDIA Corp(NVDA)$ reached a historic milestone to become the world's most valuable publicly traded company with a market valuation of USD 3.58 Trillion, ahead of Apple $Apple(AAPL)$ at USD 3.38 trillion. Nvidia has been inducted into the Dow Jones Industrial Index (DJIA) on November 8, replacing Intel. The Dow's decision to include Nvidia highlights N
$Airbnb, Inc.(ABNB)$ Q3 2024 earnings reported revenue of $3.73 billion, up 10% year-over-year. Net income was $1.37 billion, or $2.13 per share, compared to $4.37 billion, or $6.63 per share, in the same period last year. Adjusted EBITDA was $2.0 billion, up 7% year-over-year. Bookings Growth Nights and Experiences Booked increased by 8% to 123 million from a year earlier. Gross booking value totaled $20.1 billion in the third quarter. $1.1 billion of free cash flow during Q3 and $4.1 billion over the trailing twelve months While Airbnb has missed earnings per share (EPS) expectations in some quarters, the company still shows strong growth potential. Analysts have mixed ratings, but many maintain a positive outlook2. The company's revenue growth,
Whales Dazzle with Massive SPY Call Buys, Mysterious Billionaire Goes All-in on NVDA Calls
Thursday saw two massive bullish option trades: a mystery whale bought $600 million in SPY calls, while the $200 million trader rolled his NVDA call position higher.$SPY ETF (SPY)$On Thursday's open, huge call buying emerged in SPY. Someone closed out 30,000 contracts of the November 15th $580 calls, but rolled that position into 60,000 contracts of the November 29th $600 calls - doubling their upside exposure:Close $SPY 20241115 580.0 CALL$ for 30,000 contractsRoll and Buy $SPY 20241129 600.0 CALL$ for 60,000 contractsNot much explanation needed - just an overwhelmingly bullish bet on the S&P 500 continuin
In a surprising shift toward the Aerospace and Defense sector, legendary investor Warren Buffett has unveiled a new position in $Heico(HEI)$, an established aero defense contractor and emerging competitor to Elon Musk's SpaceX. Buffett’s $Berkshire Hathaway(BRK.B)$ had purchased 1,044,242 shares of HEICO, valued at approximately $185.37 million, marking a 0.07% weighting in the conglomerate's extensive portfolio. Aerospace - Silent Giant. Founded in 1957, over time, HEICO Corporation has evolved to become a powerhouse in the (a) aerospace, (b) industrial, (c) defense, and (d) electronics industries - quietly. The company's commitment to innovation & cost-effective solutions has made its products indis
Weekly | Heavyweight Meeting Over, Where Will HSI Go?
This week, the Hong Kong stock market saw sharp swings, with the $HSI(HSI)$ rising 1.08% by the end of the week, following a series of significant events.Positive Economic Data from ChinaDomestically, there was some good news. On Tuesday, Caixin’s PMI for October came in at 52, the highest in three months, well above analysts’ expectations of 50.5. On Thursday, China’s customs data showed a 12.7% year-on-year increase in exports in October, far outpacing the expected 5% growth.Overseas Events and Market ReactionsOverseas, the US election result added to market volatility. Trump’s victory raised concerns about escalating trade tensions, causing a sharp drop in both Hong Kong and mainland stocks. However, the market rebounded on Thursday as expectati
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
Growth or Meme Stocks: Would You Choose Them in Bull Market?
Yesterday, against the backdrop of a new market high following Trump's election victory, several companies surged more than 20% in a single day after their earnings reports! Let's take a look at the outstanding performance of these growth stocks.1. $Lyft, Inc.(LYFT)$ jumps 22.85% yesterday, a year-to-date gain of 18.01%. The company’s turnaround plan pushed it to an all-time high.Adjusted EPS: $0.29 vs. $0.20 forecast (a 45% beat)Revenue: $1.5 billion, beating estimate of $1.4 billion. (a 7.14% beat)The ridesharing company posted a record 217 million rides, up 16% from the year-ago period and ahead of the 213 million rides expected. 2. $Under Armour Class A(UAA)$ jumped 27.2% yesterday, achieving a ye
💰3 Stocks Shown to Maximizing Cryptocurrency Profits in the Era of Trump 2.0
Key indices set records as market shifts focus to Fed.Crypto gains under Trump 2.0. Master the trend by carefully examining the float.Boost purchasing power and trading ideas with CashBoost!Market recapThe Fed cut its benchmark rate by a quarter percentage point, bringing it down to a range of 4.5% to 4.75%, sending $.SPX(.SPX)$ and the $.IXIC(.IXIC)$ to all-time high. This could lead to lower interest rates on loans and credit cards, making borrowing cheaper. However, mortgage rates might remain high due to market uncertainties. On the other hand, Trump's policies are expected to boost inflation, which could lead to higher yields on Treasury bonds, and higher inflation can erode the value of fixed-incom
$SATS LTD.(S58.SI)$ Sats - Price being sold down after the announcement of the 2nd quarter results! A wide and bearish engulfing candlestick appearing on the chart, looks like this uptrend is disrupted and it may take sometime to stabilize! Short term wise, she may go down to test 3.56 than 3.33. Pls dyodd. 2nd quarter results is out! Net profit is up 69.7million for its 2025 financial year, soaring 214 per cent versus last year S$22.2 million. Revenue for the three months ended Sep 30 increased 14.1 per cent to S$1.5 billion, from S$1.3 billion year on year. The group declared an interim dividend of S$0.015 per share. First half of FY2025, the group returned to the black with a profit of S$134.7 million, compared to a loss of S$7.8 milli