To The Moon

Start of A Bull Market? The Nasdaq officially entered the bull market on Wednesday, March 29, 2023. The Nasdaq-100, has gained 21.9% from its Dec. 28 low meeting the definition of a bull market, which starts with a 20% rise off a bear-market low in 2022. In fact, the market had been on the rise for two consecutive sessions, with the S&P 500 seeing an increase of around 2%, and Nasdaq 100 experiencing a 2.5% rise in just two days. It seems people has start to forget the recent banking crisis. Pullback Ahead? Now, I am waiting for some pullback on Friday, March 31. Why? Well, the US Bureau of Economic Analysis is releasing the Core Personal Consumption Expenditure (Core PCE) - the Federal Reserve's preferred inflation gauge - before the market opens. It is the preferred because it exclud

The Nasdaq 100 has officially entered a new Bull Market after closing more than 20% above its 13 Oct low. This officially ends the bear market that has lasted 490 days, Moving averages confirm it as well (50MA crossed above 150MA, price above 200MA. 200MA starting to slope up. The S&P 500 is not yet on an official bull market (not closed 20% above its bear market lows). However, I did call an unofficial Bull Market on 15 Jan on my Youtube channel (https://youtu.be/ZO72GfHzsdU) as the 50MA crossed above 150MA (both MA sloping up). The Nasdaq led the S&P 500 into the bear market... so its poetic that the Nasdaq 100 may be leading the S&P 500 into a new bull market

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