@mster:$Microsoft(MSFT)$ $Microsoft(MSFT)$ has exhibited a downward to sideways trend since reaching its peak in mid-July. In my portfolio, I hold a Leap Call on MSFT with a strike of $290 set to expire in January 2024. To generate additional income during this period of price fluctuation, I’ve been consistently selling weekly Covered Call options against this Leap Call. Following a positive earnings report, MSFT is now showing signs of a resurgence, and I am optimistic about its potential to surpass its previous peak of $360 in the upcoming trading weeks. I plan to monitor the upward momentum closely and will consider closing the Leap Call opt
Despite bringing forward break even date by almost 3 quarters, investors have not been too happy. Dumping for 2 consecutive sessions after the announcement. Time to buy at cheap prices and keep for 2 more quarters before the break even quarter announcement is made
@HarryCox:"Once more unto the breach, dear friends, once more."$Alibaba(BABA)$ My best guess is one last push into 120-125 on low volume for maybe 2 days, then we will get a correction. After all, in three (3) months, we've gained 100% from the low. With RSI at 77 we are near a peak. There have only been a few occasions since IPO where RSI was higher than where it is now. On every occasion, prices reversed.I'll be selling into this last move.GLTA!
@meurasian77:Definitely the Singapore team. Been watching and enjoyimg Singapore soccer matches since Malaysia cup days and remember eating marked up prices of nasi lemak and packet drinks. Hearing expletives by angry fans when the referee makes wrong decisions. Ever since Singapore had their own league the s league I would say the Singapore national team has improved tremendously due to experience and exposure. Hope that they may won the add championship this year.
@StickyRice:Advanced Micro Devices replaces Lam Research as Morgan Stanley's top chip stock for 2023 $Semiconductor Bull 3X Shares(SOXL)$ Advanced Micro Devices (AMD) has replaced Lam Research (LRCX) as Morgan Stanley's top semiconductor stock for 2023, as the firm cited the significant rally in semiconductor stocks over the past couple of months that AMD has not really participated in. Analyst Joseph Moore, who rates both AMD and Lam Research overweight, noted that the outlook for the industry going into next year is still "challenging," making the firm cautious even as stocks have rallied in recent weeks, including a 50% rise for Lam. "Lam remains [overweight] and is our preferred stock in semicaps, and we definitely think th