Introduction $Advanced Micro Devices(AMD)$ has been on a tear in recent weeks, rising for more than 27% for the month of march. However good things don’t last long and in this post, I will share why I think AMD rally is probably going to end soon (mainly from a technical analysis stand point). About AMD I think AMD needs no further introduction as it is a very popular stock among traders. AMD is a semiconductor company that operates globally in four segments: Data Center, Client, Gaming, and Embedded. It offers a range of products such as x86 microprocessors, graphics processing units (GPUs), chipsets, data center, and professional GPUs, and embedded. All these are the fundamental building blocks for Artificial Intelligence (AI). AMD's Stock Curre

Introduction In the world of stock trading, identifying opportune moments to enter or exit a position can be a complex task. One strategy that has gained attention is the Tom DeMark Sequential (TD Sequential) indicator, which aims to predict potential trend reversals. On August 11, 2023, Tesla (TSLA) displayed a Tom DeMark TD9 Perfect Buy signal on its daily chart (see green 9 on the chart below). While this might seem like an enticing opportunity, it's important to consider various factors before making an investment decision.  TSLA day chart Understanding the TD9 Perfect Buy Signal  The TD Sequential indicator, developed by Tom DeMark, is a technical analysis tool that identifies potential price exhaustion points and trend reversals. The TD9 Perfect Buy signal occurs when a ser

Introduction:  In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on $Tapestry Inc.(TPR)$. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr

Introduction: The recent plunge in $Sea Ltd(SE)$ stock price has caught the attention of investors, including myself. As someone who closely tracks market trends, I believe that the recent downturn in SE's stock presents an intriguing opportunity worth exploring. In this post, I will delve into the factors driving SE's decline, discuss my analysis of the situation, and share my strategy of using cash covered put options to potentially benefit from this market scenario. Analyzing Sea's Recent Performance: On August 15, 2023, SE's stock price experienced a dramatic 28.68% drop following an earnings report that left investors disappointed. Throughout the week, the stock continued to slide, ultimately losing about 32% of its value. This swift decline, c

$Micron Technology(MU)$ is set to report its earnings today after the market close. One observation I made is that it has been moving within a range of $48 to $65 since June 2022. In this post, I will explain my strategy for trading Micron ahead of its earnings, and why I expect the stock to remain within its current range. Micron (MU) Overview Micron Technology, Inc. is an American multinational corporation that produces many forms of computer memory and data storage, including DRAM, SDRAM, flash memory, and solid-state drives (SSDs). Micron is an industry leader in memory technology and is a vital component of many electronic devices. MU has been trading between $48 and $654 since June 2022 Based on the day chart above, the stock has been trading

Start of A Bull Market? The Nasdaq officially entered the bull market on Wednesday, March 29, 2023. The Nasdaq-100, has gained 21.9% from its Dec. 28 low meeting the definition of a bull market, which starts with a 20% rise off a bear-market low in 2022. In fact, the market had been on the rise for two consecutive sessions, with the S&P 500 seeing an increase of around 2%, and Nasdaq 100 experiencing a 2.5% rise in just two days. It seems people has start to forget the recent banking crisis. Pullback Ahead? Now, I am waiting for some pullback on Friday, March 31. Why? Well, the US Bureau of Economic Analysis is releasing the Core Personal Consumption Expenditure (Core PCE) - the Federal Reserve's preferred inflation gauge - before the market opens. It is the preferred because it exclud

Introduction TikTok is a Chinese social media app that has become wildly popular in the United States and other countries. The app allows users to create short-form videos and share them with their followers. However, recent developments have raised questions about the future of TikTok in the United States. The Biden administration has demanded that TikTok's Chinese owners sell their stakes in the video-sharing app or face a possible US ban of the app. This has left many wondering about the potential outcomes for TikTok and the companies that could stand to gain in different scenarios. In this article, we will explore the three possible scenarios for TikTok and how the companies and competitors mentioned below stand to gain in each scenario. We will also examine whether other companies in

Alibaba, one of the world's largest e-commerce companies, has announced plans to split its $250 billion empire into six separate business units, sparking speculation of several initial public offerings (IPOs). The move is the biggest shake-up in the company's history and will affect existing shareholders in different ways. What it means for Existing Shareholders If you're an existing shareholder, you might be wondering what will happen to your shares as a result of the splits. According to Alibaba, the company plans to allocate shares of the newly formed business units to existing shareholders. This means that if you own Alibaba stock, you will also own shares in the six new business units. The proportion of shares you receive in each new unit will depend on the number of Alibaba shares y

NVDA Recent Stock Performance $NVIDIA Corp(NVDA)$ NVDA has been on a tear recently, rising 83.2% year to date compared to $NASDAQ(.IXIC)$ Nasdaq composite below, which only rose by 13%. In the month of March, NVDA has risen 15.3% so far compared to only 3.2% for Nasdaq composite. From the lows in October, NVDA has actually rocketed a whopping 147.8%. In the same period, IXIC only rose 17.2%. NIVDIA vs NASDAQ However, the question is whether NVDA will keep on rising after breaking its resistance level time and again. Based on the day chart above, the relative strength index is 69.96, at the overbought region. RSI above 70 indicates the stock is overbought. However there is not much pressure until the next

Investing in the future of AI can be an excellent decision as the technology continues to grow and develop rapidly. If you are looking to invest in the AI sector without the hassle of choosing individual stocks, there are a few options available to you. No pure AI focus ETF yet? As there is no pure AI focus ETF yet based on my search. One option to consider is investing in an ETF that focuses on AI and robotics. An ETF, or exchange-traded fund, is a type of investment fund that trades on stock exchanges like individual stocks. ETFs can be an excellent option for investors who are looking for diversification across a range of companies in a particular sector, such as AI. Global X Robotics & Artificial Intelligence ETF (BOTZ). One ETF to consider is the

Introduction Today I will share my trading plan for $Cboe Volatility Index(VIX)$ VIX options in light of the upcoming FOMC meeting. With the recent banking crisis, the Fed is expected to announce its interest rate decision, which will have a significant impact on the market. We will discuss the market's expectations, the possible outcomes of the FOMC meeting, and how we can trade VIX options to capitalize on the situation. Background The VIX (CBOE Volatility Index) is a measure of market volatility based on the S&P 500 Index's options prices. It is often referred to as the "fear gauge" as it tends to increase when the market experiences high levels of uncertainty or risk. In recent times, the VIX has been on the rise due to the banking crisis,

$AstraZeneca PLC(AZN)$ AstraZeneca PLC (AZN) and $McDonald's(MCD)$ McDonald's (MCD) are two well-known companies with market capitalization above 200billion that have hit new historical highs in the stock market yesterday. AstraZeneca PLC (AZN) new historical high 72.481 AZN weekly chart AZN day chart AstraZeneca PLC is a British-Swedish multinational pharmaceutical company that has been making news recently with its drug combo that met ovarian cancer study goals. Some of you might also had been injected with Covid-19 vaccine from this company. The news has helped AstraZeneca reached a new historical high of 72.481 yesterday (5 April 2023) Based on day chart, Relative Strength Index (14-day time frame) is

What Happened To META $Meta Platforms, Inc.(META)$ Meta Platforms, Inc. (META), previously known as Facebook, has announced the layoff of an additional 10,000 workers this year, which caused its stock to rise 7.25% higher yesterday. Reasons why META stock increase First, layoffs are typically viewed as a cost-cutting measure that can lead to higher profits for companies. Investors often perceive such actions as a sign that management is taking steps to improve the bottom line, which can boost the company's stock price. Additionally, the layoff announcement might have been viewed positively by investors because it represents a strategic move by the company to realign its workforce with its evolving business goals. META has been shifting its fo

I like to provide a quick follow-up to my post yesterday titled: Are the stars aligning for a SPY reversal today? SPX chart with TD9 buy DJI chart with TD9 perfect buy What Happened yesterday w.r.t TD9 sequence indicator? Yesterday we see $S&P 500(.SPX)$ and $DJIA(.DJI)$ forming the perfect buy with the Tom Demark 9 indicator sequence and successfully rebound (see charts above). However the $SPDR S&P 500 ETF Trust(SPY)$ and $NASDAQ(.IXIC)$ is one count behind and the TD9 failed to form up with the rise in the indices (see charts below). SPY My Take on the reversal SPX and DJIA are the main indices, we should of

Introduction During its heyday, $Intel(INTC)$ Intel was the dominant chipmaker and a leading provider of computer processors. AMD, its smaller rival, struggled to compete. However, in recent years, Intel has lost significant market share to AMD while Samsung has risen to become the largest chipmaker in the world. This loss of market share can be attributed to Intel's failure to keep up with AMD in terms of chip design, and its lagging behind TSMC and Samsung in terms of manufacturing technology. However, the company is attempting to make a comeback, and investors seem to be taking notice. Intel's Investor Webinar Sandra Rivera, Intel 's GM of Data Center and AI group  Yesterday, Intel announced that new products for the lucrative serve

How $Costco(COST)$ performed after reporting its latest earnings (2 Mar 2023 after market)? Although the stock dropped by as much as 4.18% after the earnings report was released, it only closed down 2.15%, likely due to the strength of the broader market.  SPX rally after TD9 perfect buy DJI rally after TD9 perfect buy In fact, last Friday, all three major indices rose substantially, confirming the perfect buy indicator (green arrow pointing upwards in the chart above for $DJIA(.DJI)$ and $S&P 500(.SPX)$) with Tom Demark 9 sequence. You can read the details from my post last Friday 3 Mar 2023, titled: Perfect Buy formed for SPX and DJI, is a reversal r

$Microsoft(MSFT)$ BearishBearish Will Microsoft Become the Winner of AI Battle? The AI industry is a highly competitive market, with tech giants such as Google, Amazon, and IBM investing heavily in AI research and development. However, Microsoft has also been investing heavily in AI and has made significant progress in recent years. With the introduction of Copilot, Microsoft is taking its AI capabilities to the next level and is positioning itself as a leader in the AI industry. Large User Base  One of the reasons why Microsoft is well-positioned to win the AI battle is its vast user base. Microsoft 365 has over 300 million active users, making it one of the most widely used productivity suites in the world.

I am going to explore a potential trade in $MongoDB Inc.(MDB)$ MongoDB, Inc. (MDB) before the company announces its earnings report after the market closes today. Market Outlook Let's start by taking a look at the current market conditions. The Federal Reserve Chair, Jerome Powell, has announced that interest rates are likely to rise more than previously expected due to inflation remaining stubbornly above the central bank's 2% target. This news is not good for the market in the near term, but we'll see how it affects MDB. Perfect Buy formed on 2nd Feb Call Option near Support Level MDB is a company that develops and sells database software. The stock has beaten earnings expectations for the past four quarters, indicating that the company is perfo

With QQQ entering a bull market last week, I've been keeping a close eye on possible pullbacks in certain stocks that may be overbought. In order to determine which stocks are the best candidates for options trading, I've been using a variety of technical indicators. One of the most important indicators I rely on is the 14 day Relative Strength Index (RSI). This helps me identify overbought and oversold conditions in a particular stock. I also pay close attention to support and resistance lines, which can help me predict potential price movements. Another useful indicator is the Tom Demark TD9 sequence, which can provide insight into trend changes and reversals. Using these technical indicators, I've filtered down a list of big cap stocks that I believe are likely to experience some corr