I opened $Tesla Motors(TSLA)$  ,Bought more tsla shares at the gap fill of $146.20. Tsla is oversold with triple bullish divergence on the rsi. Will tsla bounce from here? Who knows but as a long term Tesla investor I’ve been through this roller coaster ride for a long time and such dips are usually good buying opportunities for the long run

$Alphabet(GOOGL)$Has been consolidating between the range of 119 and 105 since mid May forming a bear flag. Should they miss on earnings next week breaking down from this bearflag could send price close to the 200 week moving average which is around the 90 range. Will google follow the same fate as snap? Please leave your thoughts in the comments [Smile] 

I closed $TSLA 20240517 185.0 CALL$  ,Decided to close my covered call early to take profits as tsla seems to have found support at the 20 simple moving average. Even though I sold the call too early and price suddenly rallied the next day I’m still able to make a profit that’s the power of covered calls

$S&P 500(.SPX)$futures ticking up. Spx broke out of resistance level 3855 and looks likely to test 3896 next 

Covered calls are a great way to earn income on the stocks that you own, but what happens if the stock suddenly shoots to the moon? 😱 Will you miss out on all the gains? 😭 Don't fret, this is a complete guide on how to roll your call options to buy more time and also more upside.  Firstly, what is a covered call? It is a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security. To execute this, an investor who holds a long position in an asset then writes (sells) call options on that same asset to generate an income stream. The investor's long position in the asset is the cover because it means the seller can deliver the shares if the buyer of the call option chooses to exercise. Important to note that the investor is obliga

$S&P 500(.SPX)$Price plunged after Jerome Powell's speech last Friday. Futures dipped today and found support at the 50 simplemoving average at 4007 it should hold for now but expect some choppy sideways movement. If welose the 50 sma as support the next level will be around 3855. Invest safe everyone 

$Microsoft(MSFT)$ I am a long term holder of msft shares and I will never sell them until I retire. Why is that? Msft is a money printing machine and will continue to do so for years to come. They continue to grow revenues and income in double digits year after year and have high margins and return on equities.  The Return On Assets of MSFT (17.29%) is better than 97.49% of its industry peers. MSFT's Return On Equity of 34.93% is amongst the best of the industry. MSFT outperforms 96.42% of its industry peers. With an excellent Return On Invested Capital value of 23.01%, MSFT belongs to the best of the industry, outperforming 97.49% of the companies in the same industry. Measured over the past 3 years, the A

I closed $NIO 20240216 9.0 CALL$  ,The 50 simple moving average could not hold as support price is likely to test $7. I had to cut loss and move on as the momentum is bearish

I closed $PLTR 20240503 23.0 CALL$  ,Took profits on my pltr calls early in case price might rally tomorrow and erase all my gains. Will sell covered calls again before earnings to profit from the high iv and volatility crush

$Tesla Motors(TSLA)$I think market has already priced in a 50 basis point hike. Unless the fed raises higher than 50 we should go higher from here

I opened $Apple(AAPL)$  ,Price is at the 200 simple moving average which is usually very strong support. It has also retraced to the 61.8 Fibonacci level so there’s confluence that around the $178-$180 level being good support.

$S&P 500(.SPX)$Today is quadruplewitching day. where several derivatives contracts expire on the same day.The simultaneous expiration of all of these hedging products creates tons of order flow and repositioning, resulting in significant volatility  and market whipsaws. It’s called quad witching because these four types of contracts expire on the same day: Equity Futures ContractsOptions on Individual EquitiesOptions Contracts on Equity FuturesOptions on Equity IndexesSingle-stock futures might also expire on this day, but those are largely irrelevant to the broad market because they’re thinly traded. Investors are forced to roll their hedges, market makers’ inventories are going to change dramatically, short-te

$Meta Platforms, Inc.(META)$Bought some meta on the dip before earnings. With a PE of 13.6 meta is grossly under valued. I won't mind adding more shares if it drops more after earnings. There's good support at 155 and 145 buthave to wait to see earnings report 

I closed $SOFI CALENDAR 240419/240503 PUT 8.0/PUT 8.0$  ,Rolled my cash secured put out till after earnings to earn more premium due to the high iv. I’m confident that Sofi will beat earnings but lately many stocks have beat earnings but the price still drop. The roll function on the tiger brokers platform is really awesome. Before I had to buy back the put and sell another put.

I closed $TSLA 20240308 220.0 CALL$  ,Closed covered call on tsla as there isn’t much value left and tsla broke down from a rising wedge pattern which is bearish I believe tsla will make a new low below 170 if it were to complete the full measured move of this pattern so I plan to sell another covered call as soon as there’s a bounce

$S&P 500(.SPX)$is currently holding support at around 3650. We are very close to the 200 week moving average which is at 3500 a roughly 4% move to the downside. The 200 week  Ma is a historically Good indicator of a bottom. Let's see how the market will react to fed chairman Powell's testimony next Wednesday 22/06. 

$S&P 500(.SPX)$Inflation doesn’t want to go away—and the stock market is reeling. Investors got a shock Tuesday, when August’s consumer price index hit the wires. It showed prices had gained 8.3% year over year, beating expectations for 8.1%. While that’s the second consecutive month in which the rate of price increases declined, while core CPI, which excludes food and energy, rose 6.3%, topping forecasts for 6.1%.That sent the stock market tumbling. The S&P 500 fell 34.3%, while the Dow Jones Industrial Average dropped 1,276.37 points, or 3.9%, and the Nasdaq Composite slumped 5.2%.It’s not difficult to see why markets might not like inflation. Rising costs hurt companies’ profit margins, while price increas

$S&P 500(.SPX)$Super bullish did not even pull back to make a higher low and just blast off. If this is just a bull rally or a reversal is yet to be seen. We are at resistance right now anda pullback is expected. The current economic environment is not favourable right now so if you're thinking of buying this rally please be cautious 

$Tesla Motors(TSLA)$ has formed a bearish shooting star reversal pattern and rsi is at extremely overbought conditions. A correction is a likelyoutcome and will be healthy if tsla is to continue its bullrun. Even If the CPI comes in tame tomorrow and tsla rallys with the whole market it will be short lived but if CPI comes in hot then there will be a huge sell off especially in the tech sector where manyhot names like $NVIDIA Corp(NVDA)$ and $Microsoft(MSFT)$ which are extremely overbought as welldue to the AI mania. Therefore I plan to hedge my position by buying a put option contract on tsla and

I opened $Estee Lauder(EL)$  ,Bought some EL stock as I think the sell off was exaggerated. It found support at 124. The fed also signalled reduced tapering which adds liquidity to the markets. Maybe more volatility in the near term but I believe the market will end higher in later in year