Last one standing
Last one standing
Profile:Don’t be the first to enter and don’t be the last to exit
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Obviously this author is Michael Burry...   😂
This Is The Most Expensive QQQ Has Been Since 2008
If you really love Tesla and willing to hold long term, don't buy outright. Go and sell a 20230616 $165 Put at $11.90 as of last Friday. it is as good as buying Tesla at $153.10.  That being said, based on my technical analysis, I see Tesla reaching $100 again if it does not hold $163.91. Good luck! 
Tesla: Buy The Fear, Sell The Hype, Rinse And Repeat
As I mentioned earlier, don't buy the dip... if TSLA breaks below $163.91, there's a good chance for it to hit the previous low of $101.81. Will review again later on... 
@Last one standing:Why is $Tesla Motors(TSLA)$  struggling and what I will do? Before we talk about technical analysis, we need to understand the fundamental challenges that Tesla is facing in China. Why is the China market so important you may ask? Because the Chinese market accounts for more than half (58.7%) of the global EV market in 2022 and whoever owns this market will have an advantage to dominate the growing industry. Right now, the one who is dominating is BYD (Build Your Dreams) who jumped from 13th spot in 2021 to top spot in 2022 with 1.86 million cars (EV & PHEV combined) sold and that is half a million more than what Tesla sold in 2022. Have I mentioned BYD is backed by Warren Buffett? Now you may wonder what is the difference bet
Sell in May and Go Away... 
Tesla Is a Victim of a Price War It Started
I will be surprised if the stock price doesn't gets cut... good luck... 
Tesla Cuts US Prices for Sixth Time This Year
When investing, always remember don't buy what you don't understand...  😅
2 Nasdaq Growth Stocks That Are Screaming Buys in April
Dominance is when you can charge a premium like Apple and still keep your market share. This EV price war is just the beginning, not the end. Sooner or later, this price war will extend to other markets as well because truth be told, Tesla doesn't has any real competitive advantage other than Elon Musk. Once every car maker comes into the EV market, competition is going to be endless and I don't see how Tesla first mover advantage is going to be a game changer. Good luck! 
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$DBS GROUP HOLDINGS LTD(D05.SI)$  ‌XD, what's next?  Congrats to everyone who collected their $0.92 dividends today! To review my previous post, I recommended to buy at 1st target of $32.50, 2nd target of $31.25 and 3rd target of $30. I personally managed to buy some at $31.99. I was "lucky" because price opened and gap down straight to $31.70 from the previous day closing of $32.70. Needless to say, I immediately bought since it was well below my 1st target of $32.50. That is why it is important to set a target based on your analysis instead of buying based on gut feel.  I did not buy a lot but my investing strategy for local banks is always to buy regularly at area of value. Because nobody is able to predict how high or low a st
W‌hy I don't like this chart pattern for $Microsoft(MSFT)$  ‌? Forget about the AI. Forget all the noises and let's just purely look at price action. I don't like what I see. Doji followed by a Bearish Engulfing. Especially when price has been rallying before that. Why?  Because it can be a signal for reversal. Whether it's a big reversal like the one in Aug 2022 or a "small" reversal like Dec 2022, I have no idea. But I know I definitely won't go long at this point.  Good luck traders. Cheers. Happy Holidays in advance!
Why is $Tesla Motors(TSLA)$  struggling and what I will do? Before we talk about technical analysis, we need to understand the fundamental challenges that Tesla is facing in China. Why is the China market so important you may ask? Because the Chinese market accounts for more than half (58.7%) of the global EV market in 2022 and whoever owns this market will have an advantage to dominate the growing industry. Right now, the one who is dominating is BYD (Build Your Dreams) who jumped from 13th spot in 2021 to top spot in 2022 with 1.86 million cars (EV & PHEV combined) sold and that is half a million more than what Tesla sold in 2022. Have I mentioned BYD is backed by Warren Buffett? Now you may wonder what is the difference bet
E‌nd of March "window dressing" for $Invesco QQQ Trust(QQQ)$  ‌? It's interesting to see how stocks rallied despite interest rates at close to 5% and I wonder how much of it has got to do with companies & fund managers trying to push up the market so that they can have a better "Q1 performance" to report? If history repeats or should I say if "chart patterns" repeats, then we better be wary of April till June. Because March 2023 behaves exactly like March 2022. 1st week of red, followed by 3 weeks of strong green. The difference is the RSI this time is stronger than last year. (But so is the interest rate)  2 things I will be watching: 1) Whether price can break previous resistance level of $334.42  2) Whether the ca
LoL. Who will remember this article 3-5years later??  🤣
Got $5,000? 2 Top Growth Stocks to Buy That Could Double Your Money
W‌hy is Cathy Wood selling $Tesla Motors(TSLA)$  ‌? If she's a fundamental trader, I am sure she would have known that Tesla is having a BIG price war in CHINA to "kill off" competiton.  https://www.teslarati.com/tesla-price-war-destroys-china-rivals/ All along everyone thought Tesla has a first mover advantage and they are going to CONQUER the whole EV market. I guess that WAS TRUE before but not so true now. (Although they are still conquering the stock market, despite being just another "car maker")  Anyway, they have already been taken over by BYD in China and MORE and MORE new and traditional car makers are entering the EV market with their own models. The REAL competition starts now and a price war is inevitable. 
Bull trap for $Invesco QQQ Trust(QQQ)$  ‌? I think it is easy to explain the bull rally with interest rates at 0%. But how to explain the "rally" when effective interest rate is at 4.5% and still looking to increase further? There are a lot of "expectations" in the market that FED will ease or even cut interest rates by end of this year. However your guess is as good as mine. Though we will soon know the "truth" soon.  What I feel is no matter the announcement, market will drop because this rally doesn't have enough "fuel" and there is still a lot of nervousness in the market. I am pretty sure everyone is still feeling the pinch from the rise of their mortgages, higher rental cost & daily expenses are on the rise too. So who is
I‌s $Exxon Mobil(XOM)$  ‌over priced ? I have been in the oil & gas industry for more than 10 years and I am well aware that crude price affects oil price which in turns affects P&L. Thus it is normal for oil companies to follow oil price.  When the war broke out on 24/Feb/2022, WTI shot up to $119 and XOM also shot up to $105.57 which I felt was "within expectations". However since then, US has increased interest rate to curb inflation, released their reserves to bring down oil price and US has also effectively replaced Russia as the no.1 LNG exporter to Europe. Thus it is not a coincidence that US oil companies are coming in with strong earnings.  However Winter is over and oil price has been as depressed as ever. Th
Lots of "noises" in the market... your guess is as good as mine. What I do know is stay out of the market till you get a better picture instead of trying to anticipate and take a long or short position. Good luck! 
Fed’s Next Move: Another Lift or a Pause?
$DBS GROUP HOLDINGS LTD(D05.SI)$  ‌ Posted earlier about DBS possible retracement zone at $31.90-$33.00. Seems like it is reaching soon. With the latest "SVB" news, I won't be surprised to see some sell off next week for local banks. Next Tuesday is also "CPI day" which is a "Do or Die" event for the stock market. Either it rallies very hard with a slowing inflation data or it will crash hard. Market is extremely sensitive nowadays.  But anyway, let's keep to the plan. Don't forget we are 1 month away from the very sexy $0.92 dividends. It is not a coincidence market likes to rally before that. (You can compare against last year) Who doesn't like to buy a "discounted stock"?   So my 1st target is $32.50. 2nd Target is $31.25
$NVDA is just riding the AI wave now. The irony is, those who owns the AI like Microsoftand Google are not even rallying as hard as the hardware behind the AI!  😅 Ultimately, higher interest rate will damp theoptimism. So if you are holding it, just let it run and set a stop loss at around $220-230. If you want to chase the ride, make sure to have a plan and set a stop loss accordingly. If not, any correction at this high point is going to be very painful. Good Luck!
Nvidia Stock: FOMO Versus Fundamentals. What Should Investors Do?
$SQQQ 20230303 42.0 CALL$ $SQQQ 20230303 42.0 CALL$  Getting ready to sell another covered call later...  😬
Is anybody looking at what happened to ‌$DBS GROUP HOLDINGS LTD(D05.SI)$  1 year ago?  Price hit "supply zone" and collapsed. But of course interest rates wasn't that high at that time, so don't expect price to drop too much. That being said, $31.90 - $33.00 will be good buying zone. $29.50 to $31.00 will be sexy zone.... Good luck! 

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