To The Moon

$GameStop(GME)$ :Verifies an Old Saying: The Craftiest Hunters Disguise Themselves as PreyThe Moment to HuntToday, I saw a comment under GME that someone's out-of-the-money call that they sold got assigned. This unconventional assignment made me smell the scent of the old whales again.This friend discovered a new short stock position in their account, which turned out to be from the $19.5 strike call they sold last week getting assigned.Interestingly, on May 24th, GME closed at $19.00, making those $19.5 calls out-of-the-money. But the stock price got dragged up to $23.4 after-hours, rendering those calls in-the-money based on after-hours pricing.This leads us to conclude: Someone conducted a massive exercise of calls during the after-hours ramp up

The higher a stock's price goes, the more expensive it gets. Right? Well, not always. A year ago, when $NVIDIA Corp(NVDA)$ was selling at $277, its earnings per share was $0.82 and its P/E ratio was 147x Today,NVDA's share price is up +284% to $1,064.... BUT... Its earnings per share is up +629% to $5.98. Its P/E has fallen to 62x... forward P/E is now at 30x So, NVDA is CHEAPER today than it was a year ago. Investors who say that NVDA is a bubble have no idea what they are talking about.Image

In recent times, there's been a growing chorus calling for the abolition of the Federal Reserve. This movement, which questions the central bank's role in managing the U.S. economy, has gained traction and includes some high-profile supporters. However, the topic of abolishing the Federal Reserve can only be a dream of investors and cannot come true.Below are a look at the key arguments and the notable figures leading the charge.Key Arguments for Abolishing the Fed:Critics argue that the Fed's policies lead to inflation and economic instability.There's a push for a return to the gold standard, which these critics believe would provide more stable currency value.Some advocate for a free market in banking, without centralized control.Notable Figures:Ron Paul - A former Congressman and well-k

Overview: The overall markets have been experiencing fluctuations, with investor sentiment being influenced by various global and regional factors. Recent regulatory scrutiny on companies operating in emerging markets has added to the volatility, as seen with Sea Limited's $Sea Ltd(SE)$ recent pre-market drop. As markets digest these developments, it's crucial for investors to consider both the risks and opportunities that come with investing in such stocks. Regulatory Challenges for Sea Limited: Sea Limited's stock dropped 8% pre-market following an announcement by Indonesia's antitrust agency, KPPU, investigating the company for potentially favoring its own delivery service through Shopee, its e-commerce

$GameStop(GME)$ :Verifies an Old Saying: The Craftiest Hunters Disguise Themselves as PreyThe Moment to HuntToday, I saw a comment under GME that someone's out-of-the-money call that they sold got assigned. This unconventional assignment made me smell the scent of the old whales again.This friend discovered a new short stock position in their account, which turned out to be from the $19.5 strike call they sold last week getting assigned.Interestingly, on May 24th, GME closed at $19.00, making those $19.5 calls out-of-the-money. But the stock price got dragged up to $23.4 after-hours, rendering those calls in-the-money based on after-hours pricing.This leads us to conclude: Someone conducted a massive exercise of calls during the after-hours ramp up

This week, AI concept stocks $Salesforce.com(CRM)$, $C3.ai, Inc.(AI)$, $Dell Technologies Inc.(DELL)$ , $Marvell Technology(MRVL)$, and $HP Inc(HPQ)$ will release their financial reports.With the further development and application of AI in 2024, beneficiaries extend from software, chips, and SaaS companies to AIPC.Let’s look at $NVIDIA Corp(NVDA)$’s AI Spider Web:chart from XCould $Dell Technologies Inc.(DELL)$ become the next SMCI?$Dell Technologies Inc.(DEL

$Faraday Future Intelligent Electric Inc.(FFIE)$ $Faraday Future Intelligent Electric Inc.(FFIE)$ [Facepalm] [Look back]

1. $iShares Russell 2000 ETF(IWM)$ That 50DMA better holds, losing that level usually brings deep declines.Seems that the weekly bearish setup was delayed a week given the $GameStop(GME)$ euphoria.Image2. $S&P 500(.SPX)$ & $Cboe Volatility Index(VIX)$ Can we see the drop yesterday as a fake one since we are below 12.95 on the vix and day is hadding down again?I like this question about SPX and VIX. Ans: Possible, but let's pay attention to 5DMA; it's still resistance at this moment.$5288 is a daily support that must hold, it has worked during the last 45 minutes.If that's the case for the day, 5DMA has to be surpass

The Great Divide. On Thu, 23 May 2024 it was almost a tale of 2 cities. How so ? Well, US market tanked - a pullback (or correction if you insists), while $NVIDIA Corp(NVDA)$ continued to bubble up from strength to strength. The semiconductor king pin did not manage to give US market a lift, along the way while it powered beyond the $1,000 resistant level. By 4:00pm when US market closed: (see above) DJIA: -1.53% (-605.78 to 39,065.26). S&P 500: -0.74% (-39.17 to 5,267.84). More than 400 names were lower. IT was the only positive sector for the day. Nasdaq: -0.39% (-65.51 to 16,736.03). Catalysts (?) What spooked the US stocks pulled back in afternoon trading, while Nvidia was immune to it ? (1) US PMI Preliminary (May 2024). US economic