To The Moon

AI spending is necessary to ensure both stay ahead of the curve. No one would like to be a second Nokia story.

🚀 100K soon 🚀 

Weekly pocket money via $TSLA 20241025 205.0 PUT$ sold

I opened $XPEV 20241025 11.0 CALL$ . Next, getting the shares back via PUT.

I am taking profit slowly via call options. This approach forces to me to set a target selling price to the stocks I procured. A staggered selling  price ladder has been developed mechanically when I bought the stocks.  I may not be selling at all time high but I should be happy with the price I harvested the stocks. I will still collect premium if the target price not met within the time frame. 

Wars especially in the middle east traditionally were triggers to oil price surge. While the world is trying to go green, there are still big consumers out there which must have no choice but to rely on oil to power themselves. The war in the Middle East  inbihited oil harvesting and conveyance and consequently led to the surge in prices as a basic economic function of supply and demand. And this may not be a necessary bad factor to the oil producers, which can scale down and slow down their oil export while maintaining profit margin.

MSTR phenomenal surge had brought joy to many BTC ardent fans. I think it will continue its rise given that general populace's confidence in cryptocurrencies has increased. However, I am not adding more. Just using options to earn some pocket money for my weekly necessities.

$Tesla Motors(TSLA)$  disappointed many. Perhaps the lack of steering wheel and pedal was indeed a taboo. Investors had no clear sense of Cybercab and Tesla. This led to the retrace of its price, nearly touching 200 this week.

$Palantir Technologies Inc.(PLTR)$   has experienced a remarkable surge in its stock price, captivating investors' attention. The data analytics company has seen its stock price increase by over 50% in the last six months, with its market capitalization exceeding $30 billion. This significant growth is driven by several factors, including major contract wins with government agencies, healthcare, and finance sectors, as well as a 25% year-over-year revenue increase in Q2 2024. Palantir's expanding customer base, including notable clients such as IBM, Merck, and PG&E, and innovative solutions like Palantir Foundry, have contributed to its success. Strategic partnerships with AWS, Microsoft, and NVIDIA have also enhanced its capabilitie

The essence of investing lies in growing wealth over time by putting resources to work, taking calculated risks, and harnessing compound interest. At its core, investing involves a long-term focus, typically five years or more, and a balance between risk and reward. Diversification, research, and due diligence are essential principles to minimize risk and maximize returns. Investors should prioritize clear financial objectives, risk tolerance awareness, emotional control, and continuous learning. A well-crafted strategy, regular portfolio rebalancing, and tax efficiency also contribute to successful investing. Effective investing requires a disciplined mindset, avoiding emotional decisions and impulsive reactions to market fluctuations. Instead, investors should focus on steady progress, l