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

China Stirring Up Structural Reforms in a Wok of Uncertainty The proposed structural reforms suggested by Liu Shijin, a central bank adviser, could have both positive and negative implications for Chinese stocks. On the positive side, these reforms, which aim to encourage entrepreneurship and improve access to public services for migrant workers, may stimulate economic growth in the long run. If successfully implemented, they could contribute to a more balanced and sustainable economic expansion, potentially benefiting a wide range of industries and thereby positively impacting Chinese stocks. Additionally, the establishment of a new department to support private businesses is a sign that the Chinese government is taking steps to boost investor confidence. This move could be seen as a posi

The newly created ETF, $Defiance Nasdaq 100 Enhanced Options Income ETF(QQQY)$, is an innovative financial product that offers a unique investment strategy designed to provide enhanced income for investors. This actively managed exchange-traded fund aims to achieve consistent and outsized monthly yield distributions while also offering exposure to the performance of the $NASDAQ 100(NDX)$. QQQY's strategy is centered around the use of daily options with a zero-day-to-expiration (0DTE) approach. This approach involves selling in-the-money puts on a daily basis, taking advantage of rapid time decay in these options. This means that the options QQQY sells have very little time left until expiration, which can

Is 0 DTE Lotto Win Big or Lose All? Zero-day-to-expiration (0 DTE) options are often viewed as speculative and high-risk, leading some to equate them with gambling. However, it's important to distinguish between speculative trading and gambling, as there are key differences. Trading 0 DTE options can involve extensive analysis and research. Traders may use technical analysis, chart patterns, and market data to make informed decisions. This level of analysis goes beyond simple luck and chance, which is a defining feature of gambling. Serious traders use risk management strategies to limit potential losses. They may set stop-loss orders, employ position sizing, and consider their overall portfolio diversification. These risk mitigation techniques are not typically associated with gambling.

$SQ 20231117 65.0 CALL$  In light of the current market conditions and the absence of strong support within the price range of 50 to 35 for $Block(SQ)$ , I find myself leaning towards a rather high likelihood of a price drop to approximately 40. This assessment has led me to make the strategic decision to continue holding my sell call positions, allowing me to capitalize on the anticipated downward trajectory. It's important to note that this decision is not made lightly, but rather after a careful analysis of the stock's recent performance and the broader economic landscape. The absence of robust support levels in the specified price range suggests a degree of vulnerability, an

Cathie Wood's recent reservations about the valuations of tech giants $NVIDIA Corp(NVDA)$ and $ARM Holdings Ltd(ARM)$ have sparked discussions about the intricacies of investing in Artificial Intelligence (AI) companies. While Wood remains optimistic about the long-term potential of AI, her concerns about overvaluation raise critical questions for investors. Cathie Wood questions NVIDIA's valuation The Valuation Dilemma Wood's decision to reduce Ark Invest's stake in Nvidia due to concerns about overvaluation underscores the ongoing debate in the tech investment landscape. High valuations, especially in the AI sector, are not uncommon, given the disruptive potential of AI technologies. However, investors

I've decided to take action and seize the opportunity. It's a choice between waiting for "one day" or making today "day one." I'm opting for the latter. Following the trade idea I previously shared for $E-mini S&P 500 - main 2312(ESmain)$ , I'm realizing my profits now. Seems like it’s still rising but I’m happy with what I earned. Good day! Wishing everyone a productive and successful weekend ahead!

Inflation is making headlines once again, and its effects are reverberating through central banks and global financial markets. Recent developments in Japan and the United States highlight the challenges and uncertainties associated with managing inflation in today's economic landscape. In this post, I'll delve into the impact of inflation on central bank policies and its consequences for global markets. Japan's Inflation Surprise Japan CPI inflation grows more than expected in August as BOJ looms Japan recently reported consumer inflation figures that exceeded expectations. The National core consumer price index inflation, excluding volatile fresh food prices, rose to 3.1% in August, surpassing forecasts and remaining steady from the previous month. This unexpected surge in inflation has

In $E-mini S&P 500 - main 2312(ESmain)$ hourly chart, I saw an interesting trading opportunity. There appears to be a breakout from a consolidation pattern, suggesting potential upward movement. I believe this breakout could have the potential to reach the resistance level in the range of 4394.25 to 4399.50 based on the hourly chart analysis. Hourly Chart However, it's essential to take a broader perspective by considering the daily chart as well. Just yesterday, there was a significant breakdown from the trendline support on the daily chart. This raises some caution flags. The current breakout on the hourly chart may be temporary and not necessarily sustainable in the long term. Daily Chart Despite this, this is

Chinese electric automaker $NIO Inc.(NIO)$ has introduced a high-end smartphone designed to complement its electric vehicles. The Nio Phone offers more than 30 car-specific functions, including the ability to instruct the car to park itself and even drive to the owner's location, albeit at low speeds in certain areas of China. This move by Nio highlights the company's ambition to build an ecosystem around its products, akin to what Apple has achieved with its devices and services. While creating such an ecosystem is challenging, if successful, it could bring substantial rewards. Nio's CEO, William Li, expressed confidence that competitors would take note of their smartphone innovations. There are three Nio Phone

When we delve into the intriguing triangle chart patterns, one stock immediately comes to mind. Scroll down to catch a glimpse of my image, and see if you can guess the stock, or read on for a riddle that reveals the answer: I'm a car with a famous name, Electric power is my game, And my CEO's known for more than just fame. What am I? Got the answer? That's right, it's none other than Tesla. In my screenshot below, you'll notice the three potential triangle variations: ascending, descending, and symmetrical triangles. Now, here's the twist—contrary to common belief, these triangles aren't inherently bullish, bearish. Instead, they hold the power to spark significant trends when a breakout or breakdown occurs. As exemplified by Tesla, all three variations can lead to substantial uptrends. S