To The Moon

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Supply Chain is well said to be the blood of the economy. To bring goods and services to the customers, this has to go through some supply chain services. For this to be appreciated, let us look at the import, export and balance of trade (export less import) for the USA. For June 2023, exports total $247.483B For June 2023, total import is $312.98B thus, the balance of trade for the month ending June 2023 stands at -$65.497B (negative). This implies that the value of imports is more than the value of exports. For Aug 2023, the PMI are 51.00, 47.00 and 50.40 for services, manufacturing and composite respectively. Composite PMI refers to the combination of both services and manufacturing PMI. This implies that the manufacturing sector is contracting whereas the services sector expands. ‌

On Tue, 29 Aug - it was (a) JOLTs and (b) CB Consumer’s confidence report that gave US market the much-needed boost to trend higher. On Wed, 30 Aug - it was (c) ADP employment data and (d) US Q2 GDP 2nd estimates that continued the good work. By the time trading drew to a close: DJIA: +0.11% (+37.57 to 34,890.24). S&P 500: +0.38% (+17.24 to 4,514.87). Nasdaq: +0.54% (+75.55 to 14,019.31). Managed to crawl back to the 14,000 level. On Tuesday & Wednesday, stocks jumped after official data was released in the mornings. The ADP National Employment reported private payrolls rose by 177,000 jobs in Aug 2023 (see above). Versus 195,000 jobs estimates forecasted by Economist polled by Reuters. More importantly, it is a drastic fall of -194,000 job openings or -52.29% from July’s 371,000

Strategy introduction:Selling a put option is a common option trading strategy.A put option, as its name suggests, represents the right to short a stock. A trader buying a put option usually indicates a bearish trend in the stock, while selling a put option indicates that the trader wants to buy the stock at a certain strike price, or believes that the stock price will not fall below a certain strike price for a certain period of time, thereby earning a premium.Sell the put option to receive the right to profit, and assume the obligation to exercise the right to buy the stock at a future agreed time.Strategy advantages: sell to get the right fee, when the option expires, when the stock price is higher than or equal to the exercise price, there is no need to accept the positive stock.Strate

Hello fellow tigers! The journey of wealth creation and preservation has been nothing short of a roller coaster ride in recent times. Whether you're a seasoned investor or a curious novice, here are some insights that will set the stage for your trading day.[Grin] Inflation Inflation has been a central concern for investors and policymakers alike. The latest data shows that the consumer price index (CPI) rose by 3.2% from a year ago, which is a slight decrease from previous figures. Core inflation, which excludes the volatile components of food and energy, has maintained its stability, increasing by 0.2%. While these numbers are slightly more favorable than anticipated, they still offer a nuanced picture of the economy's health. Today, keep a watchful eye on the producer price index (PPI)

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

Wall Street's main indexes finished flat on Thursday. Early gains as a result of “milder than feared” CPI inflation data evaporated as investors begin to worry: About US economy in the longer term and its prospects. Whether US stocks have further runway? When US market closed for Thu, 10 Aug: (see above) DJIA: +0.15% (+52.79 to 35,176.15). S&P 500: +0.03% (+1.12 to 4,468.83). Nasdaq: +0.12% (+15.97 to 13,737.99). Volume on US exchanges was 11.82 Billion shares, compared with the 10.95 Billion average for the full session over the last 20 trading days. US Market On Thursday. Market’s Thursday performance was closely linked to US’s July 2023 Consumer Price Index report (see above). CPI climbed up by 0.2%, notching an annual rise of 3.2%; 0.1% less than analysts’ forecast of 3.3%. Core CP

Another day of trading, I'm grateful to be able to earn small profits again [Miser] Today I traded $Tesla Motors(TSLA)$ again. 2 trades $TSLA 20230818 240.0 PUT$ Bought in early when the price is flushing down in hopes for the price to break down 10mins opening range. Thanks to Lady Luck on my side, the price breakdown and I sold half my position. I was holding on for the second leg down, but it didn't happen. When it breakouts to theupside of the consolidation, I sold my other half to secure my small profits. $TSLA 20230818 242.5 CALL$ Bought