To The Moon

On Thursday (24 Oct), we saw the S&P 500 Consumer Discretionary sector was a top performer, gained 3.24% thanks to Tesla (TSLA) after its positive earnings which have the stocks continued to run on Friday (25 Oct) as well. In the chart below, you can see that there are five of the magnificent seven stocks reporting their earnings next week and they have significant (more than 10%) weightage in their respective sectors. In this article I will be sharing the pattern on how I think the earnings of big names could impact their respective sectors. S&P 500 Consumer Discretionary Sector Gained +0.31% As Tesla Rally Continue On Friday, we saw that Tesla gained more than 3% and helped the consumer discretionary sector to also close +0.31% higher, and we are also seeing Amazon contributing +

$Advanced Micro Devices(AMD)$ will be releasing its third quarter earnings after market close on next Tuesday (29 Oct). We have seen two semiconductor stocks $Lam Research(LRCX)$ and $Western Digital(WDC)$ reporting positive earnings which helped drive their stock price higher. So how would AMD stock price be performing after the earnings report on 29 Oct? Market is expecting AMD to post earnings of $0.92 per share for the third quarter. Analysts say AMD could benefit from Intel's recent woes. Intel stock has plummeted this year on competitive and operational concerns. Can AMD Stay Ahead Of Intel In CPUs Chips? Under AMD CEO Lisa’s supervision, AMD jumped ahead of

After we have seen the market start off with a soft performance, most of the stocks closes higher. Positive bias was experienced throughout the session which was helped by the buy-the-dip action. This action was driven by surging shares of $Tesla Motors(TSLA)$ following impressive Q3 earnings and a 2025 vehicle growth estimate. The upward trend was also supported by the drop in market rates. S&P 500 closed 0.21% higher but remains 0.9% lower since last Friday. NASDAQ went up by 0.76% but still down by 0.4% for this week. DJIA was the underperformer after went down by 0.33% due to losses in IBM (IBM), Honeywell (HON), and Boeing (BA). IBM and Honeywell reported earnings results, while Boeing saw a decline as workers voted 64% against accepting

When the first reports about the design flaw emerged, some media outlets reported that TSMC was to blame, this might suggest that the relationship between $NVIDIA Corp(NVDA)$ and its foundry partner, $Taiwan Semiconductor Manufacturing(TSM)$ might have a strain. Nvidia's Jensen Huang admits AI chip design flaw was '100% Nvidia's fault' , TSMC not to blame, now-fixed Blackwell chips are in production. He has also dismissed that reports of tensions between the two companies as "fake news."  From the way on how this report was handled, how Nvidia CEO responded and also work out the plan to get the design flaw fixed. This give me as Nvidia investors confidence that they have showed strength not only in th

On Wednesday, we saw significant pressure in the stock market due to losses in major stocks and concerns about rising Treasury yields. There was a lack of influential leadership and buyer interest, which also affect the oil and precious metals market, this is despite stock ending in their worst levels with DJIA down more than 500 points. Decliners outpaced advancers by nearly 3-to-1 at both the NYSE. The economic data release with existing home sales fell 1.0% month-over-month in September to a seasonally adjusted annual rate of 3.84 million, slightly below the consensus of 3.90 million. Sales were 3.5% lower than the same period last year. These indicates that while more inventory is available, the market remains tight, as shown by the rising median home price and low mortgage delinquency

$Capital One(COF)$ is scheduled to report its third-quarter 2024 results on 24 Oct after market close. In the last reported quarter, the results were negatively impacted by higher expenses and provisions. However, an increase in net interest income (NII), along with higher non-interest income, aided the results to some extent. Further, loan balances witnessed a sequential rise in the quarter, which was a positive. COF earnings are expected to have witnessed a decrease on a year-over-year basis, while revenues are likely to have increased. Earnings per share is expected to come in at $3.77. Higher Expenses But Net Interest Income Increase Would Help Earnings Better Net Interest Income On 18 Sep, the Federal Reserve announced a 50-basis point rate cu

$SoFi Technologies Inc.(SOFI)$  we should be seeing positive momentum coming from SoFi, and if can hold above $10.50 this week, we could be seeing $12 and above post earnings. holding my position.$SoFi Technologies Inc.(SOFI)$  

$NetLink NBN Tr(CJLU.SI)$  the IPO price was 81 cents, can we see netlink clear 95 cents ? As the demand for faster fibre connection for AI related workload would increase over time, this might be a good time to look at netlink 

$Lam Research(LRCX)$ is scheduled to announce Q1 earnings results on 23 Oct 2024 (Wednesday) after market close. Marker is expecting the consensus EPS Estimate to come in at $0.81 (-88.2% Y/Y) and the consensus Revenue Estimate is $4.06B (+16.7% Y/Y). I would be more concerned about Lam Research’s PE ratio performance versus its stock price performance since its stock split in May and also the repurchase. Will Lam Research Be Another ASML In The Making? Lam Research designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the production of integrated circuits. In its annual filing, the company identified Micron, Samsung, SK Hynix, and Taiwan Semiconductor Manufacturing as its primary customers, highlight

Major US stock indexes are struggling due to a combination of factors, including US earnings reports and hawkish comments from Federal Reserve policymakers. Stock market maintained stability at the index level. S&P 500 slightly declined by 0.05%, recovering from its opening low and settling near its intraday high. NASDAQ gained 0.18%, while DJIA remained largely unchanged. Mega caps played a crucial role in supporting index performance, with Microsoft (MSFT) rising 2.1% and Meta Platforms (META) gained 1.2% Earnings season has seen mixed results, recent earnings announcements received mostly negative reactions despite some positive results from blue-chip companies. Notable declines were seen in Dow components Verizon (VZ), down 5.0%, and 3M (MMM), down 2.3%. GE Aerospace (GE) and Lockh