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21 Nov Market Finish Higher After Easing Early Session Uncertainty
After Thursday (21 Nov) session began with some uncertainty as investors digested earnings reports from AI favorite Nvidia (NVDA) and other technology companies, while bitcoin continued its march toward $100,000. Stocks managed to finish higher. Initially, NVDA shares dipped due to profit-taking and a slight slowdown in revenue growth. However, the report was strong overall, with NVIDIA noting "staggering" demand for its Blackwell chip. Despite early weakness in NVDA, there was a positive bias throughout the session. The S&P 500 gained 0.53% to extend its winning streak to four consecutive days, while the DJIA added 1.06% and the Nasdaq Composite finished fractionally higher (0.03%). Russell 2000 climbed by 1.7%, all closing near their session highs. Volume rose on the New York Stock E
$BigBear.ai Holdings(BBAI)$ πΊπ ±οΈππ »π »π Έππ ·πΊπ Iβve opened positions in $BBAI - Small Crap AI coming out! π»ππ Exiting the Doom Loop with BigBear.ai (BBAI)! π»ππ Kia ora Tiger traders! The plot thickens as BigBear.ai ($BBAI) charts its escape from the βdoom loop,β signalling what could be a massive turnaround moment. Letβs dive into this chart-topping setup and why momentum traders are starting to circle this AI underdog like sharks sensing blood in the water. π₯οΈ Chart Check: Breaking Out of the Bear Cave β’ Current Price: $2.26 as of 22Nov24, π³πΏNZ Time (+8.13% intraday gain). β’ Setup: The stock is emerging from a classic reversal pattern. The curved upward trendline indicates a breakout from a long-standing downward trajectory. Momentum is building at $2.0
$FinVolution Group(FINV)$ π ±οΈππ »π »π Έππ · πππ $FINV: Swinging Out of the Doom Loop! πππ Kia ora Tiger traders! FinVolution Group ($FINV) is breaking free from the doom loop with a powerful intermediate swing setup that has traders gearing up for a potentially huge breakout. Letβs explore this chart-tastic play with its classic setup and imminent momentum. π₯οΈ Chart Check: A Swing Worth Watching β’ Current Price: $6.30 as of 22Nov24, π³πΏNZ Time (-0.08% intraday). β’ Setup: A clear intermediate swing pattern with a tightening range is forming, supported by upward momentum along the curved trendline. Buyers are stepping in near the $6.00 support, and volume suggests accumulation ahead of a potential breakout. β’ Upside Target: Analysts are eyeing $6.99, represen
Winning trade for Pltr 21/11 dairy and own learning process $171 profit
Options Trading Analysis Trade Type: Cash Secured Put Underlying Asset: PLTR (Palantir Technologies) Option Type: Put Option Expiration Date: 2024-11-20 Strike Price: 63.0$Palantir Technologies Inc.(PLTR)$ $PLTR 20241129 63.0 PUT$ Lots: 2 Trade Details: Sell Order: The trade involved selling 2 lots of PLTR put options with a strike price of 63.0 and an expiration date of 2024-11-20. This was done on 2024-11-20 at a price of 2.87. Buy Order: A separate order was placed to buy back the same options on 2024-11-21 at a price of 2.00. Market Context: The trade was executed during a period of market volatility, likely driven by strong earnings repo
$Block(SQ)$ ππΊπ ±οΈππ »π »π Έππ ·πΊπ πππ $SQ: Prairie Dogging Out of a Super Cycle Correction! πππ Kia ora Tiger traders! Block Inc. ($SQ) is shaping up for a massive breakout as it emerges from a textbook super cycle correction. The charts are flashing bullish signals, and this could be the prairie dog moment weβve been waiting for! Letβs dig in. π₯οΈ Chart Check: Super Cycle in Motion β’ Current Price: $93.37 as of 22Nov24, π³πΏNZ Time (+4.09% intraday gain). β’ Setup: The stock has formed a multi-year correction pattern and is on the verge of breaking out from consolidation. With support firmly held at $89.70, buyers are stepping in, eyeing a breakout above $94.00. β’ Upside Target: Analysts are targeting $110 in the short term, with room to rally up to $150 in the
$PANW VERTICAL 241129 CALL 410.0/CALL 412.5$ Filled @ $0.57db. So overall earnings = $0.72 - $0.57 = $0.14/$2.50 = 5.6% over 5 days. I was going to close the trade yesterday before earnings. However, I didn't get a fill. Post-market indicated that there was a drastic drop post earnings. But on market open, the stock went up. Earnings report beat estimates so I am closing the trade early and taking a small profit. I might buy some shares before stock split.
$NVIDIA Corp(NVDA)$ Nvidia reported third-quarter earnings that beat expectations for sales and earnings while delivering a better-than-expected forecast for the current quarter. The results show that Nvidia is continuing to grow quickly while demand for its powerful artificial intelligence chips remains high. Shares fell 2% in extended trading.
$FXI VERTICAL 241122 PUT 30.0/PUT 31.0$ Closed for $0.69db. So overall deficit of $0.36. But with the expiry being tomorrow, I rather cut loss now then waiting for tomorrow. Not going to touch FXI for a while. The bullish signals are just not strong enough. @madluvyz - Specialist in using TA to sell options and swing trade.