To The Moon

$Netflix(NFLX)$  what do you think it's improved from last summer for Netflix share price changed from 167 to 369? Nothing better from contents, nothing better from service, nothing better from competition environment.  I can say the price is overvalued, it's better to delist it from your portfolio.

Tough time. Leave it.

$NASDAQ(.IXIC)$ 20121104 Review and Prospect It has to be said that the market can't wait for any news that may delay the rate hike. Markets bounce back amid rising U.S. unemployment numbers. Even the market pulled back sharply, it is still a bearish line on the weekly line. The economy has actually deteriorated, but prices are still climbing. Oil prices have risen sharply today. The possibility of a soft landing for the economy is less likely, and a hard landing is more likely. Given that both technical and fundamental support the market decline, I personally think the Nasdaq will break out next week. Under the current situation, I will adjust the position to short, and try to avoid chasing the rebound next week. The dollar fell sharply toda

20221102 Review and Prospect Today's speech by the chairman of the Federal Reserve has become the key to the market trend. Several key points: 1. The interest rate hike will continue, and the peak value may exceed expectations; 2. The pace of rate hikes may slow; 3. The U.S. economy is strong, and a strong dollar may challenge some countries; 4. Inflation remains severe, don't expect a return to the 2% target in the short term. The market responded with a rapid decline, which is a normal reaction. If pessimism spreads, it will end the rally, and the Nasdaq is likely to hit a new low. Therefore, it is a better choice to stay away from technology stocks in the near future. Pay attention to balance positions, continue our previous strategy, use options to short technology stocks such a

$S&P 500(.SPX)$the market gave a little bit gain back from last Friday, and stay a monthly gain. Especially DJI got a very strong Oct.  Today is quite and everyone is waiting for FOMC meeting, and interest rate hiking result. As a positive trader, I keep short big tech companies ($meta$, $amzn$, $msft$, $googl$) through put options. Hedges with call options of $tsla$,$gm$,$cost$, $spxl$. Also I will see strong USD continue. Some currency etf is still help to balance the portfolio. The idea and strategy is for this week. Build your own understanding of the market is important. 

$NASDAQ(.IXIC)$Thanks economy data shows lower than expected inflation, and give more chance to raise the interest 0.5 instead of 0.75. The market cheers with huge rise and give a beautiful up sign on weekly trend. Nov. 1-2 FOMC meeting will be the most important factor for this rally. So far the rally is not like stopped although the tech section give earning warns.  For short term investors, keep things easy, focus on the up momentum and semiconductor section. I will still put big techs like $meta$ and hedges with $soxl$,  $cost$. As a short term investor, my idea is perhaps not suit for your long term strategy. Discussion are welcome. Build your own understanding of the market is important.

$NASDAQ(.IXIC)$the market ease the data center need improving news, and turning down as the bad earning reports from big names. $meta$ and $amzn$ finally realeased huge down momentum, and they proved what we concerned. The previous post we mentioned use put options of meta and amzn, also add soxs to watch the trend of semiconductor section. These strategies are effective so far, and helped to understand the market. I will see the support from weekly ma5, but seems not strong. If there's no dramatic economy data tomorrow, tomorrow will be a down trend and look for a new support. Because tomorrow it's last of the week, if close lower, it gonna give a week sign on weekly trend line. As this point, do not buy dip. Watch my previous posts and kno

$Amazon.com(AMZN)$Amazon give the market a down sign  by its disappointed earning reports. As I mentioned, $meta$ and amzn will be big risk for the market. So is it. 

$META 20221104 130.0 PUT$ $META 20221104 130.0 PUT$  although I believe meta has no chance to turn it's poor performance, but for big gain of this put, I choose to close it. Do not buy dip on this stock. 

$NASDAQ(.IXIC)$the market tried to get rid of influence from $msft$ and $googl$, but failed. The index closed under weekly ma10, and its a week sign if there's no big turn tomorrow. $meta$ and $amzn$ put options protected my positions, Also changed soxl to soxs for potential turning down due to bad earning reports and economy data. Need to be caution at this point, and pay more attention to semiconductor section as sign to confirm if the rally is over or not. Discussion and questions are welcome. It's important to build your own understanding of the market.