To The Moon

$NVIDIA Corp(NVDA)$ is once again leading tech stocks and taking the broader market to new highs.There are two main factors that have affected NVIDIA sentiment recently:Jen-Hsun Huang's reduction in his holdings.But according to a Barron's blurb, he has already completed his share of the previously announced reduction;Blackwell expectations.According to $Morgan Stanley(MS)$ projections, in Q4 alone, NVIDIA could earn about $10 billion in revenue from Blackwell chips alone.This can be partly understood as incremental revenue with higher margins.In fact, we can see that since the stock split, NVIDIA stock has gone back and forth for two cycles with gradually decreasing volatility.From a technical point of vie

@Optionspuppy has long been a Star Contributor in the Tiger Community, consistently providing valuable content. In trading, he primarily focuses on $Invesco NASDAQ 100 ETF(QQQM)$ , $Palantir Technologies Inc.(PLTR)$ , $Manulife(MFC)$ , $Alphabet(GOOG)$ , and $Apple(AAPL)$ , and often utilizes the strangle option strategy for dividend stocks to generate income.He exercises caution in position management by keeping half of his available cash in Tiger vault to safeguard against market crashes. Currently, he has achieved a year-t

I swear that I felt like I was doing an ala Ms Cathie Wood when I decided to share this post. Why the “weird” sentiments: Firstly, unsure how reactive readers will be, over a “potential” AI stocks. More importantly, I feel that by sharing, it’s almost like I am endorsing it - just like what Ms Wood would shamelessly do. So, I emphasize again, this is strictly a sharing post. Whether it is compelling an investment, everyone needs to further their own due diligence. Background. I first noticed $SoundHound AI Inc(SOUN)$ in a post revealing $NVIDIA Corp(NVDA)$ 13F filing that consisted new purchases including SOUN and 2 other companies. (see below) I made a conscious effort not to read about it because I had

With markets still cautious about the pace of the Fed's rate cut schedule this year and when it will be able to achieve its 2 percent inflation target, Treasury rates surged on Monday and major U.S. stock indexes were mixed. Trump Media plunged after reporting losses last year. Microsoft snapped a five-game losing streak. Micron is up more than 5%. Alphabet hits record high. Overall, investors remain cautiously bearish on the S&P 500 future market, but individual bullish forces have not completely left the field. There may be profit-taking in technology stocks.Overall volume of S&P 500 options shows that bearish sentiment prevails. Put open interest continues to grow, far outpacing call options.The second new call is the April 19 585 forward call, which is mainly a buy open positio

All the reports for March 2024 are out. Personally, they painted an overall “optimistic” picture. More importantly, signals from these reports will serve as fuel for the coming April 2024 US market. Reports recap. (1) CB Consumer Report for March 2024. US Consumer Confidence - March 2024. Data came in at 104.7, -0.1 lower than February’s 104.8. and -2.3 lower than Wall Street’s expectations of 107. (see above) Overall, consumers are feeling less confident about the future state of US economy. (2) Gross Domestic Product (GDP) for Q4 2023 - 2nd estimates. US Q4 2024 GDP - final. On Thu, 28 Mar 2024 - the 2nd and final estimates for US’s Q4 2023 GDP was released. It has gone from 3.3% (initial) to 3.2% (1st estimate) to 3.4% (2nd & final estimate). It is “higher” than Wall Street expectat