To The Moon

I opened $SoFi Technologies Inc.(SOFI)$ ,SoFI: Bought in SoFi at $7 as part of getting assigned after the covered puts I sold went into the money and expired on 3rd May. SoFi closed at $6.96 at closing and I was ok with it. For weeks I’ve been selling SoFi at support $7 and this week it finally went as low as $6.61 before ending at $6.96 at closing. I’ve collected $0.36 premium from the options so $0.04 in the money meant I’m still profitable for $0.32 which translate to 4.55% premium collection over 25 days. Will turn to sell covered call on these newly acquired stocks. Earnings on 29th April were good, company was profitable for the 2nd Quarter in a row, however Mr. Market don’t like this company at its current state. Only time will tell I

Hi TigersAs the US stock market kicks off with a bleak start, major indices have taken a tumble. Mega-cap tech stocks such as Apple are underperforming to start the year as overstretched valuations and uncertainty around when the Federal Reserve will begin to cut rates have investors worried that markets have gotten overly optimistic.💼💰Have you made your first trade of 2024 in the last two trading days? Did you make profit or not？Let’s share your first trade of 2024. 🐅📊💡How to participate？Leave a message in the comments section of this post, and share your first trade of 2024.How to share positions?Sharing positions is easy. From your account holdings interface “trade”, then you can click "Share" by each of your stock holdings to share with the community how much money you have made (or lo

When investing in stocks, options, and other investment vehicles, there are many strategies available to investors, and these strategies change over time. Over the years, one of the most popular strategies for U. S. stocks has been the dividend stock investment strategy. The $DJIA(.DJI)$ contains many dividend-paying stocks, including many blue-chip companies that have consistently raised their dividends.Here are the Dow stocks with the highest dividend yields for 2024.Let's start by reviewing the performance of the Dow Jones Industrial Average in 2023. The Dow rose 14% last year, with 19 components up and 11 down. In December, the Dow Jones Industrial Average hit an all-time high, topping 37,000. Investors can choose to invest in the entire Dow J

Welcome to Thursday Special!When it comes to investing, there's this intriguing question: Do you diversify your investment by buying several stocks in the same industry, or do you go all-in on the strongest player in the game? It's like choosing between spreading your bets or putting everything on the winning horse – a conundrum that speaks volumes about an investor's risk appetite, return expectations, and market outlook.💡Well, by diversifying, you're like a superhero with a shield, protecting yourself from the blows of a single company's poor performance. Different companies, different strokes – they say. Plus, each company might have its own secret sauce, excelling under various market conditions. It's like having a diverse squad ready to tackle any market challenge.On the flip side, th

Should auld acquaintance be forgot And never brought to mind? Should auld acquaintance be forgot And the days of auld lang syne? I thought its appropriate to share this age-old song by Robert Burns who penned it in 1788. Afterall, Fri, 29 Dec 2023 will be the last trading day of 2023. As we make way to welcome a hopefully more profitable 2024, here is one more look at 2023! More Americans applied for unemployment benefits last week and not enough to raise concern about the labor market or broader economy. Jobless claims rose to 218,000 for the week ending Dec. 23. This is an increase of +12,000 from the previous week. The 4-week average of claims, which smooths out week-to-week movements, fell by -250 to 212,000. Overall, 1.88 Million Americans were collecting jobless benefits during the w

In 2023, in the list of top-performing US stock ETFs, cryptocurrency-related ETFs stood out with impressive gains. In terms of net fund inflows, ETFs tracking the S&P 500 index, considered the benchmark, became the main attractors of capital.As 2023 draws to a close, reflecting on the performance of the US stock market over the past year can be summarized in one phrase: reaching new highs and continuing to soar.Undoubtedly, this year has been rightfully dominated by the US stock market, particularly in the technology sector. The Nasdaq index surged over 40%, the S&P 500 index accumulated a growth of over 20%, and the Dow Jones Industrial Average reached historic highs. For short-sellers, losses were substantial, while for forecasters, facing challenges seemed inevitable.In December

The overall performance of US stocks in 2023 is strong, and the Dow Jones and S&P are expected to rise 13% and 24% respectively by the end of 2023, and the Nasdaq is expected to rise 44%. Traders are pricing in a more than 70 percent chance of a rate cut at the Fed's March meeting, according to CME's FedWatch tool. Expectations that the Fed could start cutting interest rates as early as March have pushed stocks to levels that some technical analysts say are overbought.U.S. stocks are at the peak of the so-called "Christmas run," a period that includes the last five trading days of the year and the first two trading days of the New Year. Based on data from the Stock Trader's Almanac going back to 1950, the S&P has risen an average of about 1.3 percent over that period.

$Riot Blockchain, Inc.(RIOT)$ , and $Marathon Digital Holdings Inc(MARA)$ stock prices had a strong performance in 2023 as Bitcoin and altcoins rebounded. MARA shares jumped to a yearly high of $31.07, which was 808% in 2023.Similarly, RIOT shares jumped to a high of $20.62, 540% above its lowest point in 2022.Argo Blockchain, one of the most embattled Bitcoin mining stocks, soared to a high of $3.50, up from the December 2022 low of $0.3248.Some of the most notable names were $Bitfarms Ltd.(BITF)$ , $CleanSpark, Inc.(CLSK)$ , $Coinbase Global, Inc.(COIN)$ ,