$SPDR S&P 500 ETF Trust(SPY)$ 📈 $SPY RETESTING! • SPY is retesting an important trend line and we also have a bull gap right under. • If we gap down under the bull gap that is open there is a high change we will see a steeper pull back into the end of the year. • This is a scenario to have in the back of your mind and is important where every bull gap will act as support as we drop lower but creating an island top I believe we can see 570s before higher. • Bulls need to break 600 or chop continues. OPEX Friday. Good luck everyone!
$SPDR S&P 500 ETF Trust(SPY)$ 📈 $SPY BULL FLAG INTO CPI? • CPI out in a bit and market is consolidating. • Breaking 600 602.5 and 605 open for the bulls. • Looking at the internals I feel a gap and fade might be in order, although seasonally it is very strong tomorrow we can see that fade into the end of week. • Currently we are dealing with some euphoric levels and any dip in the market is good to capitalize on. • Hopefully we do not get any ISLAND TOP tomorrow and you very well know what that means. FLOW UPDATE: $GOOGL 185C $SPOT 425C and $NVDA 155C were on the flow today. $MSFT longer dated calls were being picked up.
$SPDR S&P 500 ETF Trust(SPY)$ BREAKING: S&P 500 is now up 26% year-to-date, on track to post its best election year in 88 years. The index has returned more than during the previous 3 election years COMBINED. This is also the third election year in history that the S&P 500's performance has surpassed 20%, after 1936 and 1980. At the same time, the S&P 500 has hit 51 new all-time highs in 2024, the second-highest result since 2017. This is almost TRIPLE the historical average of 18 new records per year since the 1950s. Truly historic.
$Tesla Motors(TSLA)$ I just realized $TSLA does indeed own 11,509 Bitcoin... That stake is now worth $1.03B. Most of the rise in Tesla probably has to do with Trump and I think very little has to do with Bitcoin but it is something traders could be seeing as a positive reason to continue buying in. It seems almost inevitable that if $BTC continues to do well and outperform, more and more companies will decide to place a small amount of it on their balance sheets, even if it is via the $IBIT ETF. Tesla has about $20B in cash so the $1B in $BTC also isn't really a big stake that would worry investors in case of volatility, but any upside move is positive for the stock. My personal thoughts are that the market b
$Tesla Motors(TSLA)$ A combination of these reasons will drive Tesla's share price significantly above the prior all-time high of $400 per share in the near future. 1. Refreshed Model Y from 1H 2025. 2. Second Megapack factory in Shangai from 1Q 2025. 3. Cybertruck: continued ramp, lower priced trim, international deliveries. 4. Next generation vehicles from H1 2025. 5. Robotaxi from 2026 and Cybercab for purchase 2026. 6. Tesla owner ride hailing launch California/Texas in 2025. 7. Large scale application of inhouse 4680 cell from 2025. 8. Semi factory completion in 1Q 2026. 9. Announcement of additional factory(ies) likely within H1 2025. 10. Tesla's lithium refining plant goes online (2025). 11. Tesla Robo
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Tesla Motors(TSLA)$ Ed Seykota, a legendary trader, shares 5 timeless rules: 1. Cut losses – Never hold onto losing trades. 2. Ride winners – Let profitable trades grow. 3. Keep bets small – Protect your capital by managing risk. 4. Follow the rules without question – Discipline is key. 5. File the news in the trash – Ignore noise; focus on your strategy.
$Tesla Motors(TSLA)$ Few thoughts on $TSLA: The average price target is around $220 and most of the street has a hold/sell rating. Plenty of room for upgrades and price target revisions. Earnings comps going into next year are going to be easy to beat after 2022 and 2023, those two years will be looked at as two of the worst in Tesla’s history. Interest rates are coming down which will make new cars more desirable. He now has a direct line to the President who will surely give him an easy path to regulatory approval for FSD, robots, etc. and the removal of EV credits and “green” policies will crush other EV makers, not Tesla. Really feels like everything is lining up. Chart, sentiment, narrative, earnings, et
$Tesla Motors(TSLA)$ 🚨 Elon Musk bet big on Trump. Here’s what he stands to gain — and lose — from his win Trump might be more likely to give a green light to Musk’s true self-driving vehicles, yet to be made, Ives said, along with a fleet of so-called “robotaxis” to give rides without any sort of driver on board. Garrett Nelson, analyst with CFRA Research, agreed. “In our view, @Tesla and CEO Elon Musk are perhaps the biggest winners from the election result, and we believe Trump’s victory will help expedite regulatory approval of the company’s autonomous driving technology,” he said in a note to clients Wednesday, raising his recommendation on $TSLA stock from a “Hold” to a “Buy.” He raised his 12-month pri
$Tesla Motors(TSLA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ I think if we narrow it all down The US was just sick of the direction it was going The woke mentality needed to change Trump offers a return to traditional values that the US has allowed to slip….he is not perfect and there is likely a lot of people better suited for the job - Trump needs to balance his promises with controlling the run of inflation now - End the Wars - Work with foreign governments and not try and police the world, this has not worked in the past, economic cooperation is far superior than milit
$Hims & Hers Health Inc.(HIMS)$ Today’s $HIMS quarter was stunning. Trading at a TTM P/S of 4, 90% growth for Q4, 80% gross margins, FCF +300% YOY, and raised guidance. Revenue is also up 16x in 5 years. Some of the numbers this company puts up don’t sound real but they are, this will be a $50+ stock at some point in the next year or so.
$Palantir Technologies Inc.(PLTR)$ “The winners in AI will be powered by $PLTR, the losers will read analyst notes.” •Rule of 40 score of 68 •30% rev growth •44% US rev growth •54% commercial rev growth •77% commercial customer growth •38% op income margins •$1B FCF guide •4.6B cash •0 debt Alex Karp.
$NVIDIA Corp(NVDA)$ $Palantir Technologies Inc.(PLTR)$ People need to remember that not every company is $NVDA $NVDA is a complete outlier and deserves its market cap now because their Revenue, Earnings, FCF and margins were astronomically exceptional April 2023: Revenue: $25 Billion Earnings: $4 Billion FCF: $5Billion July 2024: Revenue: $96 Billion Earnings: $53 Billion FCF: $46 Billion Net Margin increased from +18% to +55% They results deserve a high premium on fundamentals But even these premium levels are dwarfed by $PLTRs fundamentals now
$Palantir Technologies Inc.(PLTR)$ $PLTR Some stats from earnings that went under-looked in Palantir's Q3 earnings but are very, very, very bullish for Palantir's growth trajectory: - Average revenue per client went up for the SECOND quarter in a row, now at $2.38M/client ✅ - Stock based compensation is now BELOW 20% of revenues ✅ - Adjusted free cash flow is now going to be $1B+ in FY 2024, up from the low end expectations of $800M ✅ - Adjusted operating margins went to 38%, accelerating for the 5th quarter in a row ✅ Whatever happens to the stock will be up to how the market wants to price Palantir, but fundamentally the BUSINESS itself is growing in a very healthy way with a prioritization on margins, effi
$SPDR S&P 500 ETF Trust(SPY)$ 📈 $SPY BIG DAY TOMORROW! • 2 Bull gaps have been dismantled today. • Bulls are still on the back burner for now and I think this currently is a waiting game for what is to come. • Any bull gap fill will act as support and any bear gap fill will act as resistance and currently I think there is a tug of war brewing. • PATIENCE PATIENCE & PATIENCE! FLOW UPDATE: $TSLA 300C Good size bet into next week. $NVDA had some good puts bought after the intra day call buying and display of strength. $UVXY 30C end of month were on flow this morning after the morning dip.
$Hims & Hers Health Inc.(HIMS)$ $HIMS - No Debt - +36% Growth next year - +74 Gross Margin - +51% Sales Q/Q - Turned profitable this year - Disruptive All I need to see tomorrow is more of the same from previous quarters
$Tesla Motors(TSLA)$ 🚨 BYD Revenue Eclipses $TSLA for First Time as EV Giants Go Head to Head BYD Co. notched up another win over Tesla Inc., reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone head-to-head in global electric vehicles sales. Revenue for China’s best-selling automaker soared 24% year-on-year to 201.1 billion yuan ($28.2 billion) for the three months ending Sept. 30, falling short of estimates, but exceeding Tesla whose sales hit $25.2 billion in the same period. Net income increased 11.5% to an all-time high of 11.6 billion yuan, surpassing consensus, after BYD sold an unprecedented 1.12 million electric and plug-in hybrid vehicles last quarte
$Alphabet(GOOGL)$ $Tesla Motors(TSLA)$ $GOOGL One big stat from Google’s earnings today is that they said Waymo is now doing 150K paid trips a week, up from 100K that was disclosed a few months ago Makes sense why Waymo raised $5.5B on Monday To me this is bullish $TSLA — the self driving market is massive and true autonomy could actually unlock massive, massive value
$Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ By the end of this year, Elon Musk's companies (Tesla & xAI) will have brought online roughly $10 billion worth of training compute capacity in 2024 alone. Tesla already deployed and is training ahead of schedule on a 29,000 unit Nvidia H100 cluster at Giga Texas – and will have 50,000 H100 capacity by the end of October, and ~85,000 H100 equivalent capacity by December. That's crazy Numbers! Buy every dip on NVDA and TSLA!
$NVIDIA Corp(NVDA)$ $NVDA WAS AT A 64/PE AT $15 IN 2021 $NVDA IS NOW AT A 64 P/E AT $142 IN 2024 This is why stocks can be expensive but not overvalued at the same. Now looking back, everyone can agree that Nvidia was NOT overvalued at $15 in 2021 given its up 10x since then, but at a 64 P/E, it was expensive. You needed some imagination to see past the numbers in 2021 to see what Nvidia could become and what GPUs would do for the world.
$iShares Bitcoin Trust(IBIT)$ $CME Bitcoin - main 2411(BTCmain)$ Bitcoin just entered a golden cross (where the 50dma crosses over the 200dma) for the first time in over a year! The last time it did that, it saw a +33% near term move. Extrapolate how you see fit. But it seems to be waiting for the election before any big move. A golden cross often precedes a strong run-up. With Bitcoin ETF options getting introduced, we will see even more volatility in this space.