To The Moon

1. $DexCom(DXCM)$ +17.03%: Real-time continuous glucose monitor bring new customersThe maker of glucose monitoring system DexCom Inc. (DXCM) surged 17% after Q3 earnings significantly exceeded expectations.Adjusted EPS: 50 cents, outperformed the FactSet consensus of 34 cents.Revenue: $975.0 mln, surpassed the expected $939.6 mln.The strong performance was driven by volume growth and new customer additions due to increased awareness of their real-time continuous glucose monitor (CGM).Additionally, the company raised its revenue guidance for 2023, further boosting investor confidence in the stock.2. $Coursera, Inc.(COUR)$ +10.59%: Collaboration with major companies leads to significant increase in pay

Learnings and conclusions from this week’s charts: $S&P 500(.SPX)$ The August price action looks like a bull market correction.However the correction drivers look to be turning down again and the market rebound has stalled at short-term overhead resistance.Seasonal downdrafts are most intense typically in late-Sep/early-Oct.Retail flows, hedge fund positioning, corporate buybacks, analyst earnings estimates are all displaying clear bullish/extreme optimism.Meanwhile the macro remains murky (e.g. from charts this week show JOLTS jobs jitters, student loan payments unpausing).Overall, there’s definitely a case to be made that the August sell-off was a sort of healthy correction, but at the same time, it might be a little healthier if it cleared

Has the long-awaited market correction finally begun? Yesterday, technology stocks generally experienced a decline, with prominent AI companies such as $NVIDIA Corp(NVDA)$ and $Microsoft(MSFT)$ dropping by 3%. $NVIDIA Corp(NVDA)$ closed at $374.75, $Microsoft(MSFT)$ closed at $323.38.If I hold tech stocks, how can I hedge against this? This article will introduce three options strategies to hedge against the potential market correction. 1. Buy putYou can purchase put options on Nvidia and Microsoft to provide downside protection. In the event of a pullback, the value of the put options would increase, offsetting some of