Bitcoin Hits Record High Above $93,000; How to Capitalize on Bitcoin's Surge with ETFs Bitcoin breached the $90,000 threshold on Wednesday, reaching a record high above $93,000. It now stands as the world's seventh-largest asset, with a market capitalization of $1.7 trillion, surpassing Meta Platforms Inc. and silver. The cryptocurrency's recent ascent is attributed to a spike in derivative purchases, significant inflows into Bitcoin spot funds, and the Federal Reserve's recent rate cuts, which have propelled risk asset prices. Bitcoin's Long-Term Trend Positive In the short term, Bitcoin's outlook remains optimistic. Jake Ostrovskis, an over-the-counter trader at crypto market maker Wintermute, observed that traders are speculating Bitcoin will reach $100,000 by year-end, with $850 millio
Bitcoin's Rollercoaster: When I May Strike on COIN & MSTR Amid the Pullback
The recent pullbacks in $Coinbase Global, Inc.(COIN)$ and $MicroStrategy(MSTR)$ stocks present an intriguing opportunity. These stocks have moved lower following a retracement in Bitcoin, but the outlook for these companies remains promising given their unique business models and strategic positions in the cryptocurrency space. Let's dive into what makes them distinct, evaluate their potential for growth, and consider optimal entry points for those looking to add. 1. Coinbase (COIN): The Gateway to the Crypto Economy Coinbase, often called the "crypto exchange of choice" for many, stands out as one of the largest and most secure exchanges globally. With over 100 million verified users and a broad offering
$BAM 20241115 50.0 PUT$ one more day to expiry! Everyone should look into selling one month to expiry put options to generate some income. The decay in the last one month is the highest. Look into the stocks that you don't mind owning and you may find some options with a nice premium against the strike price which is going to lower your cost price even lower on a price that you don't mind entering a position with!
$Applied Materials(AMAT)$ It is funny that AMAT fell so hard overnight despite decent earnings. In terms of fiscal 4-Q earnings, it surpassed Wall Street estimates with adjusted earnings of $2.32 per share on sales of $7.05 billion, marking a 9% increase in earnings and a 5% rise in sales year-over-year. The forward guidance is not even that bad: est. $7.15b revenue, which is slightly lower than expected 7.24b, and $2.29 earnings per share, which is slightly higher than the expected $2.27. Take note that all these are happening despite AMAT cutting exposure to its largest source of revenue, China, from over 40% to 30%, and losing 28% in sales in China. AMAT is not only set to reduce further exposure; its losses incu
Market Faces Pullback as Major Indices Retreat; Kennedy’s Potential Health Secretary Role Raises Regulatory Concerns
Yesterday, we saw a significant pullback across the three major indices, including the Dow, Nasdaq, and S&P 500. Let's break down the performance of these indices and the overall market. This article is written by Shernice, if you like my article please hit the like button or do a repost. First, the Dow Jones Industrial Average experienced a second consecutive decline, dropping 207.33 points, or 0.47%, to close at 43,750.86. While it remains above the 40,000 mark, it's now trading below the 44,000 level, signaling a retreat. The S&P 500 also ended lower, falling 36.21 points, or 0.6%, to close at 5,949.17. This puts the index below the crucial 6,000-point resistance level, a sign of potential weakness. As for the Nasdaq, it dropped 123.07 points, or 0.64%, closing at 19,107.6
"Selling Too Early: Is It Really Worse Than FOMO?"
What’s the Real Pain[Spurting]: Selling Too Soon or Missing Out? The fear of selling too early can be just as overwhelming as the fear of missing out (FOMO). Both are driven by potential regret, but which one truly stings the most? Let’s delve into why selling early often hurts more, and explore strategies to help investors overcome these fears. Why Selling Too Early Feels Worse[Weak] Psychological Loss Aversion: The Double Loss One of the main reasons selling too early feels more painful than missing out is rooted in psychological loss aversion. Behavioral economics suggests that people feel losses more intensely than equivalent gains. When investors sell a stock prematurely, they may experience regret, especially if the stock rallies soon after. This isn’t just about missing out on a gai
BIG TECH WEEKLY | All Eyes On NVDA Earnings' Surprise?
Big-Tech’s PerformanceThis week, the U.S. stock market saw-sawed against the "Trump 2.0" era, with digital currency concepts in particular, fluctuating wildly up and down.Technology companies also began to experience a lot of early expectations, including Tesla once surged to $340, once again among the U.S. stock "Top 6", and Nvidia is also hovering in the former high.At the same time, the U.S. dollar $Invesco DB US Dollar Index Bullish Fund(UUP)$ again extreme strength, non-U.S. currencies fell across the board, but also responded to the rise of risk aversion, the current market on the re-emergence of inflation, the suspension of interest rate cuts, the growing concern.By the close of trading on November 15, the big tech companies were mixed over
Following Donald Trump's election victory, the U.S. dollar has surged to a one-year high against a basket of currencies. Trump's policies on economic growth, inflation, and fiscal deficits have reduced the likelihood of Federal Reserve rate cuts, further supporting the dollar. This strong dollar is attracting global investors and benefiting the U.S. economy, particularly in areas like energy costs and industrial growth. Here are some ETFs that stand to benefit from the rising dollar.Invesco DB US Dollar Index Bullish Fund (UUP)UUP directly benefits from a rising dollar by tracking the U.S. Dollar Index, which includes six major currencies. It invests heavily in euros (57.6%) and the Japanese yen and British pound (25.5%).Assets under Management: $304.3 millionExpense Ratio: 0.78%YTD Perfor
Investing with Buffett Using Put Options (Beginner's Guide to Put Options)
What’s the deal with option buyers and sellers?Many people are familiar with buying stocks, but may not understand the role of a seller. Let me explain the roles of buyers and sellers in options trading. An option contract is an agreement in the financial markets (a binding agreement). The buyer pays to obtain the right to buy or sell a stock at a set price, and they can choose whether or not to exercise this right.The seller, on the other hand, is the one receiving payment and is therefore obligated to fulfill the agreement. This obligation may involve buying the stock at the agreed price or selling their holdings at a specific price, depending on whether it’s a call or put option.For a put option, the buyer pays for the right to sell the stock at an agreed-upon price within a certain per
$Tesla Motors(TSLA)$🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 🚀🔥💥 Tesla’s Turbo-Boost: SpaceX Triple Header + Electrifying EV News! 💥🔥🚀 Kia ora Tiger traders! Prepare for a wild ride! 🎢🎡 Next week, we’ve got a double whammy of catalysts that’ll have TSLA and SpaceX fans feeling over the moon (and maybe even Mars-bound)! Let’s break it down with a sprinkle of stardust and a dash of rocket fuel! 🌌 🌠 SpaceX Launch Extravaganza: A Triple Header! 🌠 On November 18, SpaceX is going full throttle with not one, not two, but THREE launches in a single day! Who’s ready to feel the ground shake? Here’s the lineup: • Falcon 9 Starlink Mission 🌠 @ 12:47 AM ET (Get the popcorn ready… oh wait, let’s stick with coffee ☕) • F
My Weekly Commentary on The Trump Trade, US Earnings, Rates and Inflation
My weekly commentaryThe Trump TradeAt the close of US equities trading this morning many of the Trump trade stocks had begun to give back some of the huge price gains they have made in the past week since Donald Trump became President elect. The Crypto and Banking sectors jumped as many believe Trump will ease regulation for both sectors.Coinbase had more than doubled in price in the past week before giving some back some of the gains today. Leading banking stocks were also slightly higher today with Dow components $JPMorgan Chase(JPM)$ and $Goldman Sachs(GS)$ up 9.5% and 15% respectively since last Tuesday.Trump supporter Elon Musk’s Tesla also jumped as Tariffs on Chinese made EV’s imports to the US may be
I opened 1 lot(s) $ASML 20241122 620.0 PUT$ ,ASML has fallen a fair bit from its high, while it's nearer to support side of a bearish channel since the fall, it has a higher chance of it going back up, selling this CSPut hoping to ride the wave up from a recent good news about forecast ahead maybe looking rosy. $ASML 20241122 620.0 PUT$
Prospect Capital (PSEC) Dividend cut will Push Stock Lower!
$Prospect Capital(PSEC)$ reported its Q1 2025 earnings on November 8, 2024, showing earnings per share (EPS) of $0.21, which exceeded analyst expectations of $0.17. The company's revenue for the quarter came in at $196.31 million, slightly under the anticipated $203.1 million. Dividend Cut Nov 2024 Recently announced a significant dividend cut, reducing its payout by 25%. This move marked the first dividend reduction for the company since 2017. The decision was attributed to changes in its investment strategy, including adjustments in portfolio composition to adapt to market conditions. This cause the stock price dropped in response. Dividend Amount Per Share Earning Overview Q3 2024 earnings on November 8, 2024. The company posted an earnings p
$Bilibili Inc.(BILI)$ (BILI, BUY) - San Guo Fuels 3Q Outperformance; Gaming and Advertising Poised to Drive 2025 Growth; Maintain BUY and Increase PT to $25$BILI solid beat across the big three. All time highs in users. Buyback announced.Current price as of November 14th 2024We are maintaining our BUY rating and increasing PT to $25 (was $18) after BILI reported above-consensus 3Q results with non-GAAP profitability for the first time in the company’s history. 3Q DAU grew 4% y/y to 107.3M (vs. +6% in 2Q). MAU grew 2% y/y to 348.0M (vs. +4% in 2Q), with the DAU/MAU ratio largely stable at 31%. Engagement metrics remained healthy: average daily time was 106 minutes in 3Q, +6% y/y; average total daily video views grew 23% to 5.8B (vs. +17% in 2Q); a