@Barcode:$SPY 20240920 565.0 CALL$ I closed these positions after a hedge it would pop into the Fed decision before they dumped it π€£ Caught the bounce into the Fed decision. Wow they dumped it and now it will be choppy into Powell. Would look at Puts now. SUMMARY OF FED DECISION (9/18/24): 1. Fed cuts interest rates by 50 bps for first time since 2020 2. Fed sees 2 more 25 basis point rate cuts in 2024 3. One Fed governor dissented for the first time since 2005 in favor of a 25 bps rate cut 4. Fed gained "greater confidence" that inflation is moving to 2% 5. Fed will "carefully asses incoming data" and evolve outlook 6. Fed sees 100 bps of rate cuts in 2025 and 50 bps of cuts in 2026 The long awaited "Fed pivot" has officially be
@Barcode:$SPY 20240920 565.0 CALL$ I closed a quick scalp on $SPDR S&P 500 ETF Trust(SPY)$ being the Bull I am. This is nuts π€£ Powell is coming...this is π₯ y! They dumped it and then I was watching for the drop and pop again after the Fed and heading into Powell. What a crazy day! Will Powell have a purple tie on? BREAKING: The S&P 500 rises to a new all time high after the Fed surprises markets and cuts rates by 50 basis points. The index is now up a whopping 20% year-to-date. The "Fed pivot" is here. @Tiger_comments@Daily_Discussion
Congrats on your first trade Soogle ππ Awesome gains after a few days and Iβm wishing I could have ridden the Silver π with you!
@Soogle:$Endeavour Silver(EXK)$ [Miser] π I closed positions and took gains . The US dollar showed signs of strength after the Fed announcement this morning but it's now retreating. A week dollar makes silver more attractive and because silver is in demand for its use in solar panels, and electronics, I think it will continue to rise and trend upwards, but I took my profit for now. The overall bullish trend is likely to continue if economic uncertainty persists, especially with the feds dovish stance and ongoing industrial demand. This was my first Tiger trade! I'm so chuffed. A big shout out to Barcodes Best Buy Bulletin for alerting me to $EXK. SOOGLE 𧑠@SPACE ROCKET
@Barcode:$Tesla Motors(TSLA)$$Amazon.com(AMZN)$$Alphabet(GOOGL)$$Advanced Micro Devices(AMD)$$NVIDIA Corp(NVDA)$ π―π―π― Mag 7: Ready for a Cosmic Ride or Crash Landing? π―π―π― Kia ora Tiger traders! The Magnificent 7 stocks are hotter than a freshly brewed flat white! βοΈ With all eyes on the upcoming rate cut, weβre seeing the SEMIβs, software giants, and tech titans running up ahead of time like theyβve guzzled an extra shot of espresso. ππ» π‘ Fun Fact: Rate cuts can often fuel market rallies, but thereβs also the risk of a βblow-off spikeβ followed by a quick drop, a bit like droppi
@Barcode:$NVIDIA Corp(NVDA)$ πΊπ»π ±οΈullish π ±οΈearishπ»πΊ Nvidia is at the bottom of the channel. It needs to hold $115.30. It's struggling with $SPDR S&P 500 ETF Trust(SPY)$ dropping but it's choppy on the Market and I'm wondering if we are in a Wyckoff Phase B or at the start of C? Drop and Pop! Not pretty.π’Bounce into close? Eyeing the Call Option 20 September $5700. A quadruple bottom holding at present. It's ugly though with all this chop! πͺπͺπͺπͺπͺπͺπͺ If it goes into Wyckoff accumulation..I'm just hanging out here in Wyckoff π. DoubleLine's Jeffrey Gundlach predicts that the Fed will cut rates by 50 basis points tomorrow, followed by 25 basis points, and another 50 basis points before the end of the year, according t
@Barcode:$Penumbra(PEN)$ πΊAmazing Upside potential on PEN. Pen this one to your portfolio! πΊπ ±οΈULLISH ππΊπππππππππ Source: Marketbeat Penumbra, Inc. (NYSE:PEN) shot up 3.2% during trading on Tuesday . The company traded as high as $201.25 and last traded at $201.25. 40,351 shares were traded during trading, a decline of 89% from the average session volume of 383,027 shares. The stock had previously closed at $195.08. A number of analysts have issued reports on PEN shares. Leerink Partners began coverage on Penumbra in a research note on Tuesday, September 3rd. They issued an "outperform" rating and a $263.00 price target on the stock. Truist Financial reaffirmed a "buy" rating and set a $200.00 price target (down previously from $230.00) on shares of Pe
@Barcode:$Coinbase Global, Inc.(COIN)$ ποΈβΌοΈπ¨πποΈMark your calendar for around mid October for $COIN! Barcodes Best Buy tip! You can trade this stock right now, but November it's going to shake, rattle and roll higher! It's chop, chop, choppy for now, wait for the dip in October and then BUYβΌοΈ πππππππΈπΈπΈ Ark Invest Acquires 53,708 Coinbase Shares Worth $8.4M Amid Market Dip! Source: Digital Assets: "This week at Coinbase we witnessed our first AI to AI crypto transaction," Coinbase's Brian Armstrong posted to X.π€― "What did one AI buy from another? Tokens! Not crypto tokens, but AI tokens (words basically from one LLM to another). They used tokens to buy tokens," Armstrong said, referring to the large language models (LLMs) such as OpenAIβs ChatGPT, alongside
@Barcode:$United Continental(UAL)$$Tesla Motors(TSLA)$$Space Co Ltd(SPAEF)$ π¨ποΈπ°πΈ United Airlines Soaring to New Heights! Kia ora Tiger traders! π«πΈπ Letβs talk about βοΈπͺπ $UAL ~ United Airlines, a stock thatβs flying high and making waves in the market! With Starlinkβs high-speed inflight Wi-Fi coming soon, UAL could be setting new standards for connected travel! Youβll stream, game, and moreβ¦ all at 35,000 feet, thanks to the fastest Wi-Fi in the sky! πποΈππΎπ§βππ°οΈπ‘β¨ π Breaking Down the Numbers Current price: $50.22 (+1.15%) β’ Strong Buy: π’ 33% β’ Buy: π’ 62% β’ Hold: π‘ 5
@Barcode:$Alphabet(GOOGL)$$Microsoft(MSFT)$$NVIDIA Corp(NVDA)$$Costco(COST)$$GE Aerospace(GE)$ πππ Pattern Power: The Hidden Rhythms in the S&P 500 πππ Kia ora Tiger traders! π Final Heat Map of the S&P 500 $SPY Performance & Epic Stock Movers of the Day! π₯ The S&P 500 and Nasdaq 100 have closed out one of their best weeks of 2024 with a heat map thatβs mostly glowing green! π±π Among the standouts is Costco (COST), which hit a brand-new ALL-TIME HIGH of $919.01 ππ. Who knew bulk buying could lead to such market gains?! Meanwhile, GE Aerospace (GE) soared +5.06% o
@Barcode:$Apple(AAPL)$$Microsoft(MSFT)$$NVIDIA Corp(NVDA)$ πππ₯ Top Stocks on the Planet: Whoβs Leading the Trillion-Dollar Race? π₯ππ Kia ora Tiger traders! The combined market cap of the top 10 stocks in the world has reached a staggering $19.17 trillion, up from $18.18T last week. Thatβs a leap you can only call astronomical. Letβs break down these financial titans, adding fresh insights on their earnings, AI investments, and long-term potential, making sure this post stays ahead of the competition! π₯ Apple: Still the King of the Orchard - Market Cap: $3.382 Trillion π - Price: $222.50 - Capital Inflow: Appleβs recent inflows have remained strong, thanks to upcom
@Barcode:$Newmont Mining(NEM)$$Gold - main 2412(GCmain)$ πππ Newmontβs Golden Breakout: Cup & Handle Leads to $80? πππ Kia ora Tiger traders! Iβm excited to share some detailed technical analysis on Newmont Corporation (NEM). This gold miner is currently showing promising signs of a breakout, potentially targeting that elusive $80 mark. Letβs dig into the patterns and technical indicators that are catching tradersβ attention! πβ¨ π Technical Setup and Key Patterns π π― Current Price: $53.85 π Resistance Levels: $54.25, $80 π― Price Target: $80 π΅ Dividend Yield: $0.25 per share, yielding 1.86%, payable on 30 September. π Key Technical Indicators & Patterns π β’ Cup & Handle Pattern: NEM has recen
@Barcode:$Broadcom(AVGO)$ I opened positions on the MACD crossover. It's pushing and could reach $169 to $170.30 πΊπ ±οΈullish - I'm up over 5% from my buy π₯ππΉ
@Barcode:$Apple(AAPL)$ πΊπ ±οΈullish On the back of this news π° π¨ππΊβοΈ Apple has officially received approval from the πΊπΈ FDA for software that turns the new AirPods Pro into over-the-counter hearing aidsβοΈ ππΉππΉππΉππΉππΉππΉππΉππΉ @Tiger_comments@TigerStars@TigerPicks@Daily_Discussion@TigerGPT
@Barcode:$NVIDIA Corp(NVDA)$$Microsoft(MSFT)$$Alphabet(GOOGL)$ π₯π₯π₯ AI Datacenter Task Force: The U.S. Powers Up for AI Leadership with Game-Changing Infrastructure! π₯π₯π₯ Kia ora Tiger traders! The White House just dropped a massive bombshell for the AI world! On September 12, 2024, the Biden-Harris administration announced the launch of a groundbreaking AI Datacenter Infrastructure Task Force to ensure the U.S. stays ahead in the AI race. π₯ This is BIG ~ really BIG & the ripple effects on AI stocks will be monumental. With the 2024 election approaching, this news is also a win-win for incoming President Kamala Harris, setting the stage for a prosperous AI-driv
@Barcode:$Boeing(BA)$ π»π ±οΈearish BIGTIME π» ππ¬π¬π¬ Descent to to $140 π¬π¬π¬π Navigate with my chart for descent to $140 and as much as I'm an Aviation lover, I believe they have misled and lied to the public so this is a deserved decline in their stock! BOEING'S RATINGS MAY BE CUT TO JUNK BY MOODY'S π¨π° Moody's has placed Boeing's $BA ratings on review for a potential downgrade, warning that a prolonged strike could hurt the recovery of its commercial airplanes business. While 737 MAX production increased to near 30 per month in July and August, any further strain on Boeingβs liquidity, including the need to issue debt alongside equity, could lead to a downgrade to junk status. CFO: "Strike Will Impact Production and Deliveries ... Have Laser-Like Focus on Actions