To The Moon

Nvidia surged more than 7 percent and technology stocks surged, leading U.S. stocks to break out of a two-week slump. However, Tesla cut prices and electric vehicles were generally weak. AMC shares plunged 35% after a preferred stock conversion plan was approved.As earnings season comes to a close, the focus turns to retail earnings this week, including Home Depot on Tuesday, Target on Wednesday and Walmart on Thursday.Minutes from the Federal Reserve meeting to be released on Wednesday will also be closely watched as investors look for more clues on the outlook for monetary policy and see whether most officials are sounding hawk or dove. Goldman expects the Fed to hold off on raising rates at its regular September meeting and then announce in November that inflation is slowing, meaning fu

Shares Swing as Company Announces $15 Billion Buyback $Home Depot(HD)$ , a prominent player in the home improvement retail sector, recently reported its second-quarter 2023 earnings, demonstrating resilience despite challenges in the market. The company's net income declined compared to the previous year, yet it managed to surpass Wall Street's earnings estimates. Home Depot also reinforced its guidance and unveiled a significant $15 billion share buyback program. Let's delve into the company's Q2 earnings performance, market response, and the factors influencing its outlook. Q2 Earnings Highlights Home Depot reported net income of $4.659 billion, translating to $4.65 per share, for the quarter, down from $5.173 billion, or $5.05 per

Not a good start for the market today with the $Invesco QQQ Trust-ETF(QQQ)$ and $SPDR S&P 500 ETF Trust(SPY)$ flushing down from the market open.[Duh] With both indexes weakening, I decided to trade $Tesla Motors(TSLA)$ which recently has bearish news. Source: TradingView Trade 1 🟢 TSLA 237.5 PUT I bought in $TSLA 20230825 237.5 PUT$(1st green arrow) when I saw the price falling below the 1 min opening range. Sold half at around 10%+ profit and was waiting for a bigger move down. It did go lower but I only so

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

Coca-Cola (NYSE:KO) tracked higher in early trading on Friday after Citi started off coverage on the

Borrowing costs should be high enough to curb inflationTightening has had limited effect on prices s