To The Moon

$Tesla Motors(TSLA)$ competition, supply chain issues, Musk selling more of his shares are just some of the bad news plaging Tesla n are not helping the already negative sentiments among investors. Price however is looking more attractive now but low can go lower. Better wait n watch first before jumping back in [Observation]

Look no further than retail traders for a picture of pessimistic sentiment toward US equities, with bets on declines outnumbering wagers on gains by more than three to one.Small-lot options traders -- those buying no more than 10 options contracts at a time -- snapped up $19.9 billion worth of puts to open last week while purchasing only $6.5 billion in calls to open, data compiled by Sundial Capital Research Inc. show.“I don’t think people really appreciate what’s happening in the options market right now,” Jason Goepfert, the firm’s chief research officer, said in a tweet. “This is the first time in history that puts were 3x calls.”Source: SentimenTrader via Jason Goepfert’s tweetThe massive shift in mood is indicative of the anxiety gripping Wall Street as global economy slows. Equity m

Mizuho issued positive comments on the electric vehicle sector on Thursday.The Japanese firm said it

U.S. stocks ended the month with their fourth straight daily decline on Wednesday, cementing the weakest August performance in seven years as worries about aggressive interest rate hikes from the Federal Reserve persist.Options Broad ViewA total volume of 34,282,937 contracts are traded on Wednesday, up a small 0.9% from the previous day. Call options account for 49% of total options trades.There are 7.70 million $SPDR S&P500 ETF Trust(SPY)$ options traded on Wednesday. Call options account for 42% in overall option trades. Particularly high volume was seen for the $397 strike put option expiring August 31, with 300,535 contracts trading on Wednesday.Top 10 Option VolumesTop 10: $SPY(SPY)$,

Both equity and bond markets are pricing in a belief that US rates will peak in the first half of next year and then start to fall in the December half.That’s an expectation fuelled by signs that US inflation may have peaked and by mixed signals coming from the Fed.

Is Cathie Wood still trustworthy? Cathie Wood acquired 28.7 Million $Invitae(NVTA)$ shares worth $122 Million. That's 0.68% of their equity portfolio (31st largest holding). The investor owns 11.48% of the outstanding Invitae stock. The first Invitae trade was made in Q4 2016. Since then Cathie Wood bought shares fifteen more times and sold shares on five occasions. The investor's estimated purchase price is $514 Million, resulting in a loss of 76%. $ARK Innovation ETF(ARKK)$ $Invitae(NVTA)$ Invitae Corporation, a medical genetics company, integrates genetic information into mainstream medicine to improve healthcare of people in the United States, Canada, and in

Monkeypox stocks remained low in morning trading though Biden declared public health emergency.The White House has declared monkeypox a public health emergency. Within the last two weeks, California, New York and Illinois making the same declaration already, and many other states are sounding the alarm. With the Joe Biden administration finally issuing this decree, though, public health officials have more flexibility to take action.

CICT reaching out for financing; Link working with adviserMall assets also draw interest from Fraser