To The Moon

Hello tigers! With the Mooncake festival just around the corner, I'm delighted to share that Tiger Brokers has brought a smile to my face with a gift that adds warmth and joy to my Mid-Autumn Festival. More about that later. [Smart] Gift from Tiger Brokers Today, let's focus on introducing the Wyckoff Accumulation phase. Wyckoff Accumulation Phase The Wyckoff Accumulation phase is a key pattern in technical analysis, particularly for longer-term investors. Developed by Richard D. Wyckoff, it aims to identify the accumulation of shares by informed investors before a significant price move. Richard D. Wyckoff This phase signifies a period in which institutional or informed investors strategically accumulate shares of a stock, often at lower price levels. This phase is characterized by a con

$NVIDIA Corp(NVDA)$ , the AI chip giant, is once again in the spotlight after earning a coveted spot on Goldman Sachs' 'Americas Conviction List.' This move follows an upgrade from 'Buy' status late last month, with a price target of $605 per share. As investors take note of these developments, a burning question arises: Can Nvidia scale new heights in the stock market? Let's explore the factors driving this discussion. Strength in AI One of the primary reasons for the renewed enthusiasm around Nvidia is its formidable position in the AI sector. Goldman Sachs acknowledges Nvidia's competitive edge, particularly as AI models become increasingly complex. In an era where AI innovation is pivotal, Nvidia's prowess posit

The Battle Unfolds for FTC vs. Amazon $Amazon.com(AMZN)$ , the e-commerce behemoth with a market cap surpassing $1.3 trillion, found itself in the spotlight as the U.S. Federal Trade Commission (FTC) launched a significant antitrust lawsuit against the company. The allegations revolve around Amazon's alleged monopolistic practices. But what does this legal battle mean for Amazon's stock, and how might it shape the company's future? Let's explore this development and analyze its potential impact from my personal viewpoint. The FTC's Antitrust Lawsuit The FTC's complaint contends that Amazon has wielded "monopoly power" by employing anticompetitive and unfair practices. Specifically, the lawsuit accuses Amazon of

Meta's AI Breakthroughs Meta smart glasses Last week, $Meta Platforms, Inc.(META)$, the tech giant formerly known as Facebook, left the world in awe with its unveiling of groundbreaking artificial intelligence (AI) features and an impressive lineup of head-worn devices during its annual “Connect” developers conference. But what does this mean for stock investors, and how might it influence Meta's stock performance? Let's delve into the details and analyze the potential impact. The AI-Powered Smart Glasses A pair of Ray-Ban Meta 2nd generation smart glasses. One of the standout announcements was Meta's AI-enabled Ray-Ban smart glasses. These futuristic spectacles can do more than just provide stylish eye protection; they c

As we step into October, a unique amalgamation of historical insights and current events will undoubtedly mold the path of the stock market in the coming weeks. The Hunt for Red October Contrary to its somewhat ominous reputation, October has, more often than not, surprised us with positive results. Over the past century, the $S&P 500(.SPX)$ has displayed an average return of around 0.6% during this month. October marks the onset of earnings season, an exciting time when companies unveil their Q3 results. Historically, this period has brought pleasant surprises, instilling a sense of confidence among investors. This optimistic trend is often attributed to October ushering in autumn, a season linked to increased consum

The last trading day of September brought with it a dip in crude oil prices, leaving us pondering the future amidst skyrocketing energy costs. Here’s what’s been happening and what it means for us all: $WTI Crude Oil - main 2311(CLmain)$ , saw a 1% drop to $90.79 per barrel on the day. However, it’s been a mixed month, with a 0.8% weekly increase and an impressive 8.5% surge over September. This July-September quarter marked the best for WTI since early 2022, soaring by 26.5% thanks to supply constraints and geopolitical disruptions. London’s Brent crude mirrored this dance with a 23% gain for the quarter, reaching a 10-month high. The world is watching as oil prices flirt with triple digits. Major players like S

A Strategic Move Towards Sustainable Growth NIO and Mercedes Deal In a recent development, $NIO Inc.(NIO)$, the Chinese electric vehicle (EV) startup, has initiated exploratory talks with $Mercedes Benz Group AG(MBGAF)$, a renowned German automaker. The discussions revolve around the possibility of Mercedes investing in Nio, with Nio reciprocating by sharing its cutting-edge research and development capabilities. While the talks are still in their early stages, the potential collaboration signifies a significant step for both companies and the EV industry as a whole. China's Nio Nio, led by its founder and CEO William Li, has made a name for itself in the competitive EV market. With investors like

Thank you @TigerClub for sharing my post! I will take this opportunity to update my previous post and engage with fellow tigers. Here's the latest: 1. $Microsoft(MSFT)$ : It's noteworthy that Microsoft is now trading below the August low, indicating a breakdown of support trendline. 2. $Amazon.com(AMZN)$ : Amazon has seen about a 14% drop and is trading below August's low after facing rejection near 146. 3. $Alphabet(GOOG)$ : Google took a slight dip, akin to taking the "elevator down" by one floor, and is curren

This might be bullish for Disney investors. Mickey Mouse The resolution of the Hollywood writers' strike could potentially have a bullish impact on Disney (DIS) stock. Here's a post discussing why: The Hollywood writers' strike The recent end to the Hollywood writers' strike, which lasted nearly five months, comes as welcome news for the entertainment industry. As a key player in this industry, $Walt Disney(DIS)$ stands to benefit from the strike's resolution in several ways. Firstly, with the strike over, TV and movie production can resume, which includes content produced by Disney. This means that Disney's pipeline of original content can get back on track, ensuring a consistent flow of new shows and movies for its streaming platforms like Disney

Costco's Q4 FY2023 Beat Results in Stock Drop $Costco(COST)$ recently reported its Q4 FY2023 results, surpassing market expectations with impressive revenue and earnings figures. However, the stock saw a 1.7% decline in premarket trading(as of my writing). Let's explore some potential reasons behind this unexpected drop despite a positive earnings report. COST -1.73% during PM High Market Expectations can significantly impact a stock's performance. While Costco exceeded analyst estimates, the stock market can be driven by expectations and future outlook. If investors were anticipating even stronger results or higher guidance, the stock may have experienced a mild disappointment, leading to a temporary decline. Many analysts increase price target

Recently, the technology-heavy $NASDAQ 100(NDX)$ has been under the spotlight as short positions in its futures market $E-mini Nasdaq 100 - main 2312(NQmain)$ surged, reflecting a significant shift in market sentiment. The primary drivers behind this surge are concerns about interest rates and the perceived lofty valuations of tech stocks. Short Positions Pile Up in Nasdaq Futures, Citi Strategists Say One of the key reasons behind the surge in short positions on the Nasdaq 100 is the fear that interest rates will remain elevated for an extended period. Tech stocks, often characterized by their high growth potential, can be particularly sensitive to changes in interest rates. When rates rise, the prese