I had been lost a lot of money from stocks before. Beside of my fulltime job , I had to do part time job like kitchen helper, server, dishwasher etc. to earned side income to cover the loss. 7days straight , only sleep 4-5hours per day for months. Even now I still in red but at least no more debt. [sigh]
I believe most of us had been caught in the cycle of revenge trading. I had learned my lesson not to buy the dip as the dip can be deeper [Facepalm] [Spurting] I continue buy the dip from 20, 10 now ? [LOL] I didn't see the stock bounce back ever since...
Earnings Growth, Fed Rate Cuts? What's in Store for U.S. Stocks in 2024? Inflation, interest rates and recession fears drove the U.S. stock market in 2023, sending equity prices on a roller coaster ride. But after all the worries that the fastest pace of U.S. interest rate hikes in four decades would break the economy, two things continue to amaze: the strength of the consumers and the resilience of Corporate America. The S&P 500 gained 24.58% for 2023 as a whole through Dec.28, led by gains in $NVIDIA Corp(NVDA)$ , $Meta Platforms, Inc.(META)$ , and etc. If analysts' estimates for 2024 hold true, things could get even bet
JPMorgan Chase's Earnings: A Preview $JPMorgan Chase(JPM)$ is set to give its latest quarterly earnings report on Friday, 2024-01-12. Here's what investors need to know before the announcement. Analysts estimate that $JPMorgan Chase(JPM)$ will report an earnings per share (EPS) of $3.46. JPMorgan Chase bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Per
Nvidia Is Leading the Stock Rally, But Don't Overlook Berkshire Hathaway $NVIDIA Corp(NVDA)$ is driving an outsize share of the stock market's rally. But some other stocks are doing some heavy lifting, as well -- including non-technology names. Nvidia stock is up 62% so far this year, beating the 6.7% rise in the S&P 500. Nvidia's outperformance -- with artificial intelligence driving both growth and stronger-than-expected earnings results -- is a key reason that the index has seen its gain for the year. The chip maker's market capitalization is almost $2 trillion, almost 5% of the S&P 500's total market cap. Companies with larger market caps have a larger influence on the movements of the i
Stocks Close Higher After a Bumpy Week Federal Reserve Chair Jerome Powell told investors that the central bank would "proceed carefully" on any further rate increases in a much-anticipated speech Friday. Investors are split over whether there will be more. Interest rates are at a 22-year high after the Fed lifted them again last month. During his speech in Jackson Hole, Powell cautioned that past interest-rate increases had yet to slow the economy fully but noted that stronger and sustained growth could require higher rates to keep inflation declining. Stocks moved between gains and losses after Powell's speech, before closing higher. $S&P 500(.SPX)$ added 0.7%, with all 11 sectors posting gains. Some inve
Options Market Statistics: Apple Hit With Second Downgrade This Week on iPhone Worries, Options Pop $Apple(AAPL)$ shares fell by 1.27%, closing at $181.91. Its options trading volume is 1.28 million. Call contracts account for 53.2% of the whole trading volume.The most traded calls are contracts of $185 strike price that expire on January 5th. The total volume reaches 106,469 with an open interest of 20,063. The most traded puts are contracts of a $180 strike price that expires on January 5th; the volume is 91,697 contracts with an open interest of 20,925. Apple was already the least-loved big tech stock on Wall Street. Growing concerns over iPhone sales have now triggered a second downgrade this week, cementin
Has Disney turned the corner? Watch for these 3 earnings signals As an entertainment empire that has captivated audiences for nearly a century, Disney's standing in Hollywood is truly remarkable. Listed on the US stock market for over 60 years, Disney's historical stock performance has been impressive, notably achieving 12 consecutive years of growth from 2009 to 2020. However, starting in 2021, Disney's stock began to descend from its lofty heights, suffering significant declines for two straight years and underperforming the S&P 500 index by a considerable margin in 2023. So, what does the future hold for Disney? Will it continue to struggle, or will it soar to new heights? To potentially forecast Disney's trajectory, we can look for clues within its financial reports, focusing on se
Options Market Statistics: GameStop Shares Tumble and Options Pop Amidst Disappointing Q1 Report $GameStop(GME)$ shares ended 39.38% lower. Its options trading volume was 2.39 million. Call contracts account for 62.5% of the total trading volume. The $40 calls expiring June 7 were traded most actively. The company reported Q1 revenues of $882 million, a decrease from $1.237 billion in the same quarter of the previous year and falling short of the anticipated $995.5 million. The quarterly loss stood at $32.3 million, an improvement from the $50.5 million loss seen in the same quarter last year, yet with an adjusted per-share loss of $0.12, it did not meet analysts' expectations. Such disappointing results suggest that Gamestop is e
EVs Boost Chip Demand Despite Semiconductor Makers' Woes Chip sales that have declined across many customer segments are still enjoying one area of rising demand: cars. Growing sales of electric vehicles -- which tend to use more semiconductors than their gas-powered counterparts -- coupled with greater automation of all vehicles, have kept producers of chips for cars busy. The long-term outlook for the market appears robust, Tesla Inc. suggested this past week, as Chief Executive Elon Musk detailed plans for his car company to scale up to 20 million vehicles a year by 2030, from around 1.3 million in 2022. Chip executives say the growth in the number of chips going into cars has been staggering. As of 2021, the average car had about 1,200 chips, twice the number in 2010 and that figure is
Meta's Stock Notches Highest Close in 28 Months as Top-Line Optimism Builds $Meta Platforms, Inc.(META)$ shares clinched their highest close in more than two years Wednesday as an analyst called out the company's ability to surprise with its top-line results. The stock rose 3.7% on Wednesday to $370.47, notching its highest finish since Sept. 16, 2021, when it ended at $373.06. Meta shares also recorded their largest single-day percentage gain since July 28, 2023, according to Dow Jones Market Data. Mizuho's James Lee cheered three catalysts for Meta shares in a late Tuesday note to clients. He highlighted that the company could deliver revenue upside, lower its operating-expense outlook as the year goes on and
What investment opportunities does the approval of the Bitcoin spot ETF bring? On Wednesday EST, the US Securities and Exchange Commission (SEC) approved the first-ever Bitcoin ETF for spot trading. 11 ETFs were authorized to begin trading on Thursday. This is a milestone step in the history of Bitcoin and the entire cryptocurrency market. Digital currencies have full currency attributes, but the source of their value has always been in doubt. That is, after an item has currency attributes, whether it can continue to be a currency depends on "consensus". When more and more people recognize that a certain item can be used as a "currency", its value will increase sharply from "item" attributes to resist the dilution of "currency" (trading medium) issued arbitrarily by fiat currency. This is
Record-Long Singles' Day Approaches: A Catalyst for China's E-Commerce Giants? Following a series of stimulus measures introduced by the Chinese government at the end of September, Chinese e-commerce stocks saw a rapid surge and subsequent pullback. From September 24 to October 7, shares of China's top three e-commerce giants each surged over 30%, with $JD.com(JD)$ climbing nearly 60% and $Pinduoduo Inc.(PDD)$ almost 50%. However, since trading resumed after China's National Day holiday, these stocks have experienced a retreat of over 10%. The recent roller-coaster performance of e-commerce stocks mirrors the fluctuating in
Market Recap | Dow, S&P 500 Close Slightly Higher U.S. stocks treaded water Monday, with investors awaiting Fed Chair Jerome Powell's congressional testimony on Tuesday and important labor market data at the end of the week. $S&P 500(.SPX)$ climbed less than 0.1%, and $DJIA(.DJI)$ added 0.1%, or about 40 points. $NASDAQ(.IXIC)$ slipped 0.1%. Stocks opened the session modestly higher before paring their advance in afternoon trading. All three major indexes climbed last week, with the Dow breaking a four-week losing streak. The indexes, however, are sti
Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise The number of shorted shares has grown 23% since the end of 2020, but that doesn't mean traders are getting more bearish about the market. Thanks to an array of initial public offerings and stock splits, the total number of stock shares has ballooned since the end of 2020 -- which means the relative short interest has actually fallen. For large-cap stocks in the $S&P 500(.SPX)$ , short interest has remained below 2% of outstanding shares. Although mega names like $Tesla Motors(TSLA)$ and $Apple(AAPL)$
Do people have to go through painful lessons or accumulate sufficient experience to truly learn how to invest? The answer probably is YES! Maybe some lucky or genius investors didn't go through it, but for me, it is definitely "No pain no gain." Even I am still in deep red, but I won't give up on this learning journey.
Tesla Stock Has Been Sideswiped by Twitter Issues. It Better Hold This Level. Tesla stock is having a miserable end to the week. Yes, it's probably related to Twitter. $Tesla Motors(TSLA)$ stock was up to start Friday along with the rest of the market. Shares traded as high as $223.80, up almost 4%. Then came the November jobs report. Investors took a while to digest better-than-expected jobs numbers, and they decided not to like them. The $S&P 500(.SPX)$ dropped 2% from its daily high and is now flat on the day. Tesla stock isn't flat, though. It's now down 5.4%. The intraday swing is $20, or almost 10% of Thursday's closing price of $215.31. There isn't much
Disney's Issues Run Deeper Than Its CEO It's a difficult moment for corporate icons. Mark Zuckerberg must miss being called a fiendish genius now that he has been downgraded to obstinate cash furnace. His $Meta Platforms, Inc.(META)$ is down by two-thirds from its peak in just over a year, amid rampant spending on a cartoon fever dream called the metaverse. Elon Musk has been owning the libs on Twitter, and they've been rethinking their ownership of $Tesla Motors(TSLA)$ Bearish( vehicles. He's the first person to amass $300 billion in personal wealth, and now the first to lose $100 billion in a year. Iger's main challenge will be that streaming is still a metaverse-leve
OpenAI Develops Tool to Create Realistic AI Videos OpenAI has introduced new technology that uses artificial intelligence to create high-quality videos from text descriptions. The company released short clips showcasing vivid, seemingly realistic videos, including woolly mammoths trekking across a snowy field, ocean waves crashing against a cliff's shoreline and people doing everyday things like reading a book or walking down a city street. OpenAI calls the new system Sora. It takes a written prompt and, through AI, renders a richly detailed video. OpenAI is one of many companies like $Alphabet(GOOGL)$ $Alphabet(GOOG)$ and
Apple Reported Robust Earnings, Future Growth Tied to AI and China Sales Improvement $Apple(AAPL)$ reported its fiscal third-quarter earnings on Thursday, surpassing Wall Street's expectations with an overall revenue increase. Apple's revenue for the quarter was $85.78 billion, compared to $84.53 billion estimated. Earnings per share amounted to US$1.40 a share in the period, exceeding the US$1.35 analysts had estimated. The company expects similar overall revenue growth in the current quarter, according to CFO Luca Maestri. Apple also anticipates Services to grow at about the same rate as the previous three quarters, approximately 14%. Operating expenditures are projected between $14.2 billion and $14.4