To The Moon

🌟🌟🌟The markets are abuzz with news that that Spot Bitcoin ETF would be approved by the SEC soon. Bitcoin surged strongly to hit almost USD 35,000, making this its highest point in almost 18 months and more than double the price seen at the start of 2023. The price of Bitcoin surged to new highs following October 23 surprise appearance of Blackrock's spot Bitcoin ETF IBTC on the Depository Trust and Clearing Corporation (DTCC) website after disappearing for a few hours yesterday. All this excitement has resulted in a ripple effect for Bitcoin Miners which are seeing a jump in their share prices. $iShares Blockchain and Tech ETF(IBLC)$ tracks an index of global companies that are involved in the development, innovation and util

Let’s check the small-cap stock movers yesterday. $Marvell Technology(MRVL)$, $Gap(GPS)$ and $Ralph Lauren(RL)$ rose around 10% after they posted stellar earnings.1. $Marvell Technology(MRVL)$ jumped 16.74% as it topped estimates for EPS and revenueMarvell Technology jumped 16.74% after the semiconductor producer beat analysts’ expectations for its first quarter.Marvell notched 31 cents in adjusted earnings per share on $1.32 billion in revenue, while analysts polled by Refinitiv estimated 29 cents per share and $1.3 billion in revenue.The company also said revenue growth should accelerate in the second half of the fis

Leveraged single stock ETFs get much attention this year. They are among the best-performing ETFs this year. Several of them have seen strong investor demand. When leveraged single-stock ETFs first launched last July, I was skeptical that they would have much traction. But this year, they have been among the best-performing ETFs this year. What is a "leveraged single stock ETF"?Leveraged single stock ETFs allow investors to purchase these products and invest in long or short leveraged multiples of the underlying stock. $Direxion Daily TSLA Bull 1.5X Shares(TSLL)$, for example, is a 1.5x leveraged product where the fund manager designs the product and handles complex trades through financial derivative contracts. A 1.5x leveraged Direxion Daily TS

The strategic entry plan in second half of 2023: Yesterday, US20Y reached the level of more than 3.9% again, and the factors causing the short-term sharp rise in colonial interest rates are nothing more than inflation and the upper limit of U.S. bonds and performance key market indicators like $XPeng Inc.(XPEV)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $Semiconductor Bull 3X Shares(SOXL)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ These two types of problems, as previously evaluated, may have a very short-term

Are you concerned about the US Debt Limit saga that is bubbling stronger each passing day and is threatening to overflow ? I am concerned because US stock market may be affected in the process. Once Upon A Time… In Jan 2023, US Treasury Secretary Ms Janet Yellen has announced that the US government has hit its legal $31.4 Trillion debt limit. The US Treasury dept is expected to continue to use its cash balance and apply “extraordinary measures” as long as it can to meet its payment obligations. Unfortunately, the “extraordinary measures” will not last forever. US Treasury dept is expected to run out of money by 01 Jun 2023 and will not be able to meet its financial obligations after that. In the meantime, US Congress is faced with overcoming political gridlock to address the Limit before t

US MARKET RECAPLast week, all the major index close in green with a deep V-shaped pattern. The blue-chip index, Dow added 0.86%, while the S&P 500 rose 0.87%. The Nasdaq advanced 1.28% as Big Tech earnings took center stage.For April, the Dow gained 2.48% to notch its best monthly stretch since January, while the benchmark index gained 1.46%. The tech-heavy index posted marginal gains.Earnings reports from major tech companies dominated much of last week’s market debate, fueling the narrative that earnings are faring better-than-feared, despite many widespread macroeconomic concerns.So far, a little over half of S&P 500 companies have reported earnings, with more than 79% and about 72% surpassing earnings and sales expectations, respectively. First-quarter earnings are currently on

Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 6,994.80 points, down -2.10% in the past 5 days.During the last 5 trading days, $Rea Group(REA.AU)$ $Stockland Corp(SGP.AU)$ $DOWNER EDI LIMITED(DOW.AU)$ $NEWCREST MINING LIMITED(NCM.AU)$ $Northern Star Resources(NST.AU)$ were up 5.23%, 14.27%, 3.99%, 3.73%, and 3.22% respectively.1.&nb