$.SPX(.SPX)$ - Bullish Engulfing Candle: The bounce looks solid, the 4 hours timeframe is neutral. Continuation is likely.The key element to watch is the $Cboe Volatility Index(VIX)$ , it jumped +4.94% and also suggests continuation. $NVIDIA Corp(NVDA)$ will dictate the direction of the next leg.The bullish setup with that Volatility is not clean.Image $.DJI(.DJI)$ : The dragonfly candle bouncing from the 20DMA is bullish, however the gap below and oscillator trending down are reasons to be cautious. Bullish confirmation is needed.As mentioned yesterday, the VIX is also an element to be careful about.Image
$Nvidia (NVDA)$ is set to report Q3 earnings after the close on Wednesday. According to Bloomberg analyst estimates, Nvidia's Q3 revenue is expected to be $33.125 billion, adjusted net income of $18.493 billion, and adjusted EPS of $0.739.Whether it can rally big after earnings depends on if revenue can exceed $2 billion over expectations again, and if the Q4 revenue guidance can also surpass projections.Based on open interest data, large option traders seem positioned more bullishly, with $150 appearing as a key breakout level for these earnings.Impacted by the stock pullback, earnings flows have been relatively cautious. Here's a roundup of the major option trades over the past few days for reference.There may be some looking for that perfect th
Singapore Loves Bubble Tea! How Many Cups Do You Drink Each Week?
Bubble tea is an irreplaceable "life-saver" in Singapore. Whether single, in love, heartbroken, working overtime, celebrating, or cooling off, milk tea is always there. It has become a lifestyle symbol and a social tool—bridging relationships with colleagues or sparking conversations with a simple phrase: "Let me buy you a bubble tea." On average, Singaporeans consume about 150 cups of bubble tea per year—almost a cup every 2-3 days! Missing out for a couple of days? That’s unbearable! Remember during the early pandemic days when Prime Minister Lee Hsien Loong announced a lockdown starting at 11:59 PM? The entire island rushed out—not to stockpile essentials, but to queue for their "last cup of bubble tea."Among Southeast Asian countries, Singapore leads with an average annual bubble tea s
The Comeback Kid ? $SUPER MICRO COMPUTER INC(SMCI)$ stock have staged a ‘remarkable recovery’ of sort since Fri, 15 Nov 2024. On Tue, 19 Nov 2024, it soared as the server maker’s plan to stay listed on the Nasdaq exchange appeared to soothe investors. In just over 2 days, it has re-gained $9.69 or +52.15% to $28.27 per share: (see below) By end Monday, it rose by +15.93% ($2.96). By end Tuesday, it rose by +31.24% ($6.73). SMCI bottomed last Thu, 14 Nov 2024 at $18.01 per share. By Fri, 15 Nov 2024, it added $0.57 to its Thursday closing price. When trading resumed this week, it climbed exponentially. According to Dow Jones Market Data, SMCI shares were on pace for their largest percentage increase since Feb. 22. Based on Tuesday performance, the
Total Eclipse. It has been a while since I last posted on NIO. This Chinese EV maker is due to release its earnings report card today before US market trading begins, I thought I share a post on them. If not, NIO’s spotlight will be ‘stolen’ and eclipsed by $NVIDIA Corp(NVDA)$ quarterly earnings that have already been hogging the limelight for the past few days and into Wednesday evening (US time). Stock Take. For October 2024, Chinese luxury electric vehicle maker $NIO Inc.(NIO)$ stock reported deliveries of 20,976 vehicles; that is roughly flat versus September. Comparatively speaking, Nio’s deliveries has been up +30% YoY. Deliveries for the first 10 months of 2024 came in at 170,257 vehicles. This is u
$iShares Bitcoin Trust(IBIT)$$CME Bitcoin - main 2411(BTCmain)$ 🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 $IBIT ~ More than 350,000 contracts changed hands after Nasdaq Inc. listed them on Tuesday, and about 80% were bullish bets, data compiled by Bloomberg. +$1.8b was traded in notional exposure. A few hundred million so far in options volume on $IBIT (a ton for Day One).. here's a rank of the contracts by volume, it's almost all calls. Seems very bullish, esp the Dec20th C100, which is basically betting price of btc will double in the next month. Happy trading ahead, cheers BC 🍀🍀🍀 @Tiger_comments@TigerStars
$Magnite, Inc.(MGNI)$ 🔺🅱️🆄🅻🅻🅸🆂🅷📈 📈💡📈 MGNI: Magnite’s Mighty Momentum ~ 🎯 $28! 💡📈💡 Kia ora Tiger traders! My Take: Bullish at today’s open~Magnite Inc. (NASDAQ: MGNI) is climbing the charts with explosive momentum, targeting $28 in the near term. With strong earnings, bullish analyst support, and a technical breakout, this stock is primed for a stellar run. Key Financial Highlights (20Nov24, 🇳🇿NZ Time): • Pre-Market Price: $16.79 (+3.26%) • Q3 Revenue: $149.43M, exceeding expectations. • EPS: Beat Q3 estimates with $0.39 vs $0.38 projected. • Market Capitalisation: $2.29 billion. Today’s Technical Outlook: &nbs
$Netflix(NFLX)$ 📈🔺🅱🆄🅻🅻🅸🆂🅷🔺📈 $NFLX: Pivotal Research Raises target price to $1,100 from $925 (Street-high) 🎯🎯🎯 Guess they weren't unhappy with the poor coverage 🤔 This is a huge revision! Fox 📰: Netflix is facing a lawsuit after widespread complaints about buffering and glitches during the Jake Paul-Mike Tyson fight Friday night. The lawsuit was filed in Florida by Ronald "Blue" Denton and accuses Netflix of "breach of contract" for constant glitches during the event, per TMZ. Netflix acknowledged the poor streaming quality of the highly anticipated event in a statement released Monday. "This unprecedented scale created many technical challenges, which the launch team tackled brilliantly by prioritizing stability of the stream for the majority of v
$Douglas Elliman Inc.(DOUG)$ 🏠📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈🏡 📈🏠📈 $DOUG: From Supercycle Decline to Real Estate Revival – Target $4+ 🏠📈🏡 Kia ora Tiger traders! My Take: Bullish at today’s open~Douglas Elliman (NYSE: DOUG) is stepping out of its supercycle decline and into recovery mode, targeting $4+ in the medium term. The famed New York 🍎 realtor is undervalued and ripe for a turnaround rally. Key Financial Highlights (21Nov24, 🇳🇿NZ Time): • Pre-Market Price: $2.27 (+15.23%). • Price-to-Sales (P/S) Ratio: 0.2x, far below industry averages of 2.4x+. • Revenue Growth Forecast: Expected 23% YoY growth, outpacing the industry average of 17%. • Market Capitalisation: $208.5M, with a low-risk profile for recovery investors. Today’s Technical Outlook: • Current Pr
$Joby Aviation, Inc.(JOBY)$🅱️🆄🅻🅻🅸🆂🅷 🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀🚁🚀 📈🚁📈 JOBY: Soaring Into a January Effect Rally ~ 🎯 $10+ 🚁🚀🚁🚀 Kia ora Tiger traders! My Take: Joby Aviation (NYSE: JOBY) is positioning itself for a January Effect breakout, with clear momentum for a medium-term target of $10+. This eVTOL innovator is catching altitude after turbulent times. Key Financial Highlights (21Nov24, 🇳🇿NZ Time): • Pre-Market Price: $6.33 (+12.83%). • Market Cap: $5B, leading the eVTOL space. • 52-Week Range: $4.50 - $7.69. • Toyota Partnership: Recently secured a $500M investment following successful test flights in Japan. Technical Outlook: • Current Price: $6.33. • Resistance Levels: $7 (short-term), $10 (medium-term breakout target). • Chart Pattern: Bullish ascen
$Target(TGT)$ 🔺🅱️🆄🅻🅻🅸🆂🅷 Longer term ~ love this❣️ Kia ora Tiger traders! 🎯🎄 Targeting a Bullseye or Holiday Hustle?🎄🎯 Let’s talk Target Corporation ($TGT) – a beloved retail giant that’s been through some wild market terrain lately! Post-earnings drama? Oh yes! Misses across the board, yet this titan still holds long-term promise. Buckle up, Tigers; here’s the scoop! Citi downgrades Target to Neutral from Buy - PT $130 (from $188) Target's Q3 results were notably weak, suggesting market share loss to Walmart, especially among higher-income shoppers, according to Citi. This might push Target to increase promotions to boost sales, making FY25 outlook uncertain. Despite the stock price dropping 19% to $126.90 in premarket, Citi sees a more balan
💰MSTR, MSTU Hit ATHs, Do You Know the 3-digital in Return of MSTY?
The price of $Bitcoin(BTC.USD.CC)$ has already surpassed $92,000, with the $100,000 milestone truly within reach!According to data from CryptoQuant, smaller transactions under $100K have reached their highest level in three years.ARK Invest CEO Cathie Wood, who initially invested in Bitcoin when it was $250 in 2015, remains bullish even at current levels. She foresees Bitcoin’s price reaching $650,000 by 2030.Quinn Thompson, founder of crypto hedge fund Lekker Capital, shares this optimistic view.He predicts that Bitcoin will reach the $100,000 milestone soon, potentially by the end of this month. “The market is realising just how big of a regime shift is underway. The US government and regulatory bodies, the strongest entities in the world,
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
Kuaishou Margin beats, higher user base creates more opportunity?
$KUAISHOU-W(01024)$ announced its Q3 2024 results, which in total reflected Fastwitch's strong performance in user growth, advertising revenue and e-commerce business, with revenue up 11.4% year-on-year to CNY31.1 billion and adjusted net profit up 24.4% year-on-year to CNY3.9 billion, which exceeded the market's expectations.Financial Data and Market ExpectationsAccording to the earnings report released by Racer, the key financial data for the third quarter of 2024 are as follows:Total revenue: 31.1 billion yuan, up 11.4% year-over-yearAdjusted net profit: 3.9 billion yuan, up 24.4% year-on-yearTotal e-commerce turnover (GMV): 334.2 billion yuanThe market generally expected Racer's revenue growth to be around 10% and net profit growth to be arou
Following Nvidia's strong rebound yesterday, the Nasdaq surged higher. Check out the stocks that hit new highs this week!1. $MicroStrategy(MSTR)$ soared more than 11% to touch a new all-time high of $449 The company announced buying more bitcoin as bitcoin hit an all time high of near $94000 yesterday.MicroStrategy began accumulating Bitcoin since 2020. Last week, the company invested $4.6 billion to acquire nearly 80,000 more BTC, bringing its total holdings to 331,200 BTC. The performance of MSTR has been closely linked to Bitcoin.Since August 2020, MSTR stock has surged 3,000%, while BTC prices have gained “just” 660%.Despite a 580% increase in MSTR's stock price this year, many investors avoid it due to its poor fundamentals and higher volatil
Singapore Banks: The Hidden 30% Gain You Missed in 2024 💰 | 🦖 #TheInvestingIguana EP604
🟩 🏦 Singapore Banks have delivered a stunning 30% gain in 2024, and there's more potential ahead! Join financial expert Iggy as we explore the remarkable growth story of Singapore's banking sector and what it means for investors. In this comprehensive analysis, we unpack why major investment banks are bullish on Singapore's market, with the Straits Times Index showing an impressive 15.37% jump since January. Learn why DBS, OCBC, and UOB are leading the charge in Singapore's financial renaissance, backed by strong economic fundamentals including 4.1% GDP growth and low 1.8% unemployment rate. Discover why Morgan Stanley upgraded Singapore Exchange to overweight and what this means for your investment strategy. We break down the upcoming regulatory changes, market reforms, and why Singapore'
$Magnite, Inc.(MGNI)$ 🔺🅱️🆄🅻🅻🅸🆂🅷📈 📈💡📈 MGNI: Magnite’s Mighty Momentum – Target $28! 💡📈💡 Kia ora Tiger traders! My Take: Bullish at today’s open—Magnite Inc. (NASDAQ: MGNI) is climbing the charts with explosive momentum, targeting $28 in the near term. With strong earnings, bullish analyst support, and a technical breakout, this stock is primed for a stellar run. Key Financial Highlights (20Nov24, 🇳🇿NZ Time): • Pre-Market Price: $16.79 (+3.26%) • Q3 Revenue: $149.43M, exceeding expectations. • EPS: Beat Q3 estimates with $0.39 vs $0.38 projected. • Market Capitalisation: $2.29 billion. Today’s Technical Outlook: • Current Price: $16.79 • Resistance Levels: $21 (short-term), $28 (next major target). • Breakout Setup: Forming a bullish cup-and-handle