$Alibaba(09988)$ Macro conditions like Fed rate hike & banking crisis with SVB and Credit Suisse should have enough tailwind to make this short term bearish. However, i am inclinded to accumulate more of this when the dust settles. Good discount at this valuation. 60-70 range would definitely trigger my itchy hands lol.
$Palantir Technologies Inc.(PLTR)$ would definitely accumulate more of this if it dips to 20. Diamond hands! Company has proven time again that it is able to live up to its growth expectations and exceed estimates. As AI space grows bigger and more commercial solutions are being formed, PLTR foundry will be invaluable in its value proposition. Integration, bootcamps - go to market strategies makes it easier for user adoption. AI redefined. Looking forward to next quarter.
$Energy Select Sector SPDR Fund(XLE)$0.75 bp interest rate hike and a market pullback for energy stock. What an eventful week. Tempted to enter some as it seems like a good dip to enter. Will watch it closely this week to see if can go back above 20days MA. Im already in $Occidental(OXY)$haha. For a broader exposure, this ETF does the job. What else should i buy for near to mid term?
$Grab Holdings(GRAB)$ I anticipating its upcoming earnings report Previously, it halved their losses to US$111m, beating analysts estimates of - 147m. Revenue quadrupled to 502m, beating predictions. The stock has fallen from its IPO prices, however, as it continues to improve year on year, we will start to see an uptrend. I have been accumulating while using covered calls and cash puts to enhance my porrfolio. Greatness comes to those who waits. $GRAB 20240315 3.0 PUT$
$Grab Holdings(GRAB)$ Looking forward to next earning report. They been closing the gap on their losses. Once it breakeven and cover these losses, this would rocket upwards. It is a heavily used app for transport, food delivery, with an increasing user adoption for its wallet system. Paired with Paylater, it acts as a credit facility payable next month. On top of that, you could apply for a personal flexible loan and business bridging loan as well. This app would definitely be heavily used in SEA region. Let's see what other new developments they have in the works in the coming ERs.
I use the wheel strategy which is selling cash covered put options and selling covered call options once the put options has been assigned.This strategy should be used on stocks that you like to hold or pick up in the long run. $Tesla Motors(TSLA)$$Meta Platforms, Inc.(FB)$$AMD(AMD)$ for me [Cool]
$AMD 20230120 125.0 CALL$ covered call option while waiting for AMD to recover. I think doing synthetic shorts might be a better hedge than just covered call. Would be trying that once i free up my margins.
Feb has been an exciting month for many of us! $AMD(AMD)$ $NVIDIA Corp(NVDA)$ $Coinbase Global, Inc.(COIN)$ $Palantir Technologies Inc.(PLTR)$ To march and many more green months! [Cool]
$NIO Inc.(NIO)$ EV narrative is a long shot now, esp when macro conditions are not optimal. If FED implement higher hikes, market likely to trend downwards evem more. Hold on to your cash. Its gonna be a bumpy ride