I can generate a 100% win rate by playing extremely conservative options.... but profits is very low. High win rate is easily achievable. But not high profits. The end game is gains , not win rate
The hard truth is: 1. US govern protexts oil company > they wantto promote EV. 2. Government policy is clear. Sustainabikity ismore talk than action. Real action is from china. 3. Elon knows no big hope if u go against country policy. Tat's why he needs to venture to AI and robotics. 4. It is not his fault to spend on higher priorityItems like space and AI. Coz without support from US government, EV can't win big. Look atGM and Apple. Elon can't make it too obvious the future of EV, unless US policy supports green energy
I will be selling and shorting on Monday l think. Why do anything different from the CEO and executives of Nvidia? It is like chasing up Tesla shares three years ago when Elon Musk himself is selling. It doesn't makes sense. Three years ago Tesla is the No1 darling of the market. The only real EV maker just like Nvidia is the main supplier of AI chips now. However, when the revenue is great, u can be sure that competition will come in like the EV market. We are witnessing it even now in the chip industry so it is definitely time to take profits on a great run for now!
Chinese stocks are now looking to recoup some US$10 trillion of losses from the last three years, with valuations hovering near a decade-low. The MSCI China Index tracking more than 700 companies traded at home and abroad has rebounded 12 per cent from a January low, ranking it among the best performers among major global peers during that period. Foreign investors' appetite for Chinese stocks continues to recover as they become less pessimistic about the prospects of a recovery. Meanwhile, geopolitical conflicts will also continue to drive global investors to diversify or leave China and to fear being discriminated against globally for being friendly to the country. That means China will continue to face difficulties attracting investment. Let's look into a few Chinese ADRs and see h
04 April 2024. On Thursday, US stocks slumped as: Oil hit its highest price in 6 months. Key Federal Reserve official floated a “mood dampening” warning that spooked the market, thoroughly. When market called it a day: DJIA: fell -1.35% (-530.16 to 38,596.98). S&P 500: fell -1.2% (-64.28 to 5,147.21), marking S&P index worst single-day drop since 13 Feb. Nasdaq: slipped -1.4% (-228.38 to 16,049.08). Fed Reserves - Bad cop. The US market was actually trending higher on Thursday. (see above) All 3 major composite indexes took a turn for the worse after midday. After Minnesota Fed President Neel Kashkari mooted that the Fed may not cut interest rates at all in 2024, if inflation progress stalls. (see below) The “callous” comment was even more damaging than Fed President Bostic’s comme