To The Moon

Bitcoin’s recent surge to $89,000 and subsequent retracement comes at an intriguing moment. Former President Donald Trump has returned to office, and his administration has expressed a remarkably favourable stance on cryptocurrency. With the potential for Trump to explore including Bitcoin as part of U.S. reserves, the crypto market is buzzing with speculation and optimism. Amid discussions of a post-election rally that could propel Bitcoin to $100,000, the question remains: does this current pullback signal consolidation or the beginning of a larger correction? Let’s delve into how Trump’s re-election and crypto-friendly stance may impact Bitcoin’s trajectory, and I’ll share how I’m adjusting my portfolio to align with these developments. 1. Trump’s Re-Election and the Potential Impact on

In the 2024 U.S. presidential election, Donald Trump won a second term, promising to make the U.S. the “crypto capital of the world” with policies like a strategic Bitcoin reserve. Following his victory, Bitcoin prices surged, attracting significant investor interest. This article explores how Trump’s re-election impacts Bitcoin prices and highlights key Bitcoin-related ETFs.Trump’s Impact on BitcoinSince Trump’s victory, Bitcoin has risen by around 16% (as of November 11), driven by his pro-crypto campaign promises. His vision for the U.S. to lead in digital assets has boosted market expectations, further fueling Bitcoin’s rally.Additionally, Bitcoin has seen impressive growth in 2024, rising 101% since January 1 (as of November 11). This surge is partly due to Trump’s win and the Federal

Today, I continued with my Palantir (PLTR) options strategy by selling a covered call on my existing position. My average cost for the PLTR shares stands at around $58.80 after factoring in previous trades and covered call premiums. Currently, PLTR is trading at approximately $59.40. In this setup, I sold a covered call with a $60 strike price, expiring on November 15th, for a premium of $1.07. This means I collected $107 for the 1 lot (100 shares) covered call position. I then placed an order to buy back the call at $0.60, aiming to secure a profit if the call option price drops to that level. Here’s my risk and reward analysis: 1. Reward Potential: The $1.07 premium represents an immediate income from the covered call, regardless of whether it expires in or out of the money. If I manage

$Sea Ltd(SE)$ released its Q2 2024 earnings before the bell on November 12, 2024 and jumped 10% on the dayOverall it was an excellent quarter of performance, with financial and operational metrics above expectations across the board, especially in the e-commerce and financial businesses.Shopee is at a critical point in its turnaround, Seamoney is making rapid progress in its BNPL business, and Garena's gaming business, while still going through a cycle, has been anticipated by the market for some time.Based on the current trend of margins (5% operating profit), the company is expected to achieve to reach a stable level of profitability sooner than expected, and with the PE expected to be under 30x in 2026, it has to be said that investor optimism is

$Spotify Technology S.A.(SPOT)$ reported Q3 earnings on November 12 that showed a significant earnings beat, driving shares up nearly 7% after hours.Spotify's market performance has been steady and strong in the global music and audio streaming market.Exceeding expectations performance boosted market confidenceTotal revenues of €3.99 billion, below analysts' expectations of €4.03 billion;Earnings per share (EPS) of $1.89, in line with Wall Street expectations;Monthly Active Users (MAUs): the number of monthly active users grew 11% year-over-year to 640 million, above market expectations;Premium subscribers: the number of premium subscribers grew 12% year-over-year to 252 million, above market expectations.Q3's financial results exceeded market exp