To The Moon

I think it is really risky to invest in Chinese stocks in the current climate. There I said it! When I mention “Chinese stocks”, I refer to stocks from both China and Hong Kong exchanges. Both China and Hong Kong economies are in a doldrum to put it mildly. This alone makes investment risky, when any economy is faltering due to many reasons. If you have been keeping up with the news coming out from China, you will concur too. (1) Property Market Crisis. China property market is facing a major crisis. Many developers (state backed and private) are roiling the nation’s dollar-bond market and adding to concerns about the health of China, the world’s second-largest economy. This includes Country Garden (latest developer) seeking delay payment (for another 3 years) on a private onshore bond for

U.S. Treasury yields continued their jump, causing tech stocks’ second straight week of losses. The best-performing concepts are marine ports, general merchandise and oil & gas refining.Considering the different perceptions of the stock, this time TigerPicks choose $Par Pacific(PARR)$ to have a fundamental highlight to help users understand it better.$Par Pacific(PARR)$ Par Pacific Holdings, Inc. is operating in the oil and gas refining and marketing industry where it has seen substantial growth over the last 12 months. The share price has increased by 93% and this is still not putting PARR at an overvalued place, I think. With strong oil price outlooks, the future seems very positive for the com

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

The S&P 500 futures are showing a modest uptick of 0.2% in pre-market trading, indicating a potential recovery after back-to-back losses in the previous sessions. Investors are absorbing the latest commentary from the Federal Reserve, which suggested that future rate hikes remain a possibility. Nasdaq-100 futures are also on the rise, up 0.3%, while Dow Jones Industrial Average futures are trading near the flatline. In corporate news, retail behemoth $Wal-Mart(WMT)$ has surged 1.6% in premarket trading following an impressive second-quarter earnings and revenue beat. The company has not only raised its full-year guidance but has also highlighted robust performance in its grocery and online sales segments.

I am surprised by the lack of coverage on the latest downgrade undertaken by Standards & Poor (S&P). Coming barely 2 weeks after Moody’s downgrade of 10 US regional banks and warnings issued to 5 bigger US international banks including JP Morgan. To untrained eyes, is this a coordinated attack by renown rating agencies against US banking sector? While I am uncertain as well, it sure looks like that from where I am seated. What Is The Long Story Short? The downgrade was about 5 US regional banks that are mainly lenders with high commercial real estate (CRE) exposure. According to Aptus Capital Advisors - Portfolio manager, David Wagner, "Some of the structural aspects for banks, regarding their balance sheet, remain risks to banks, as the Fed continues to try to anchor inflation wi

Trade Recap 24 Aug You’re literally never going to be young again. You’ll be 69 one day looking at the past. Go book that flight. Hit the gym. Eat clean. Take that risky trade. Go be the person who you always knew you could be. Start now.[Cool] $Tesla Motors(TSLA)$ My favourite type of day [Love] Strong momentum right from market open. As a momentum trader, I took a trade during the first 8 minutes from market open. I bought $TSLA 20230901 235.0 PUT$ after seeing the price breakdown from premarket low and come flushing down. Sold half at 7% as I risk 7%. This is my way for risk management. Held the otherhalf and sold

The renowned sporting goods retailer has long been a destination for athletes and outdoor enthusiasts. However, recent financial turbulence has left investors and analysts questioning the company's outlook, as $Dick's Sporting Goods(DKS)$ grapples with unexpected challenges in the wake of its earnings report. Dick's In a surprising turn of events, Dick's reported a sharp drop in quarterly profit, sending shockwaves through the financial world. Despite a seemingly positive 3.6% increase in sales, the company's net income for the second quarter plummeted by a staggering 23% compared to the previous year. This bewildering disparity between sales growth and profit decline has raised eyebrows and cast a spotlight on the underlying issues plaguing the co

Nvidia $NVIDIA Corp(NVDA)$ , king of AI, will release the second quarter of the fiscal year 2024 (May 1, 2023 - July 31 2023) after the closing bell on August 23. The financial report of the world attention, it may have a significant impact on the trend of the US stock market!In the last quarterly earnings report, Nvidia stunned the world. Management expected FY24Q2 revenue to be around $11 billion, a year-on-year increase of 64%, far exceeding analysts' consensus expectations of $7.15 billion!Boosted by this, Nvidia soared 24% the day after the results were announced, or 1.6 Intel$Intel(INTC)$ a day!Since then, Nvidia's share price has risen continuously, with a market capitalization of more than $1 tril

Hello fellow tigers! How are you coping with the market pullback so far? [Cool] For me, I have been feeling lucky! [Great] It can feel lonely as a trader, but emotions come and go, so I focus only on my trades. [Serious] With $Tesla Motors(TSLA)$ falling over 2% pre-market, I know it’s time to strike again. Source: TradingView Trade 1 🔴 After falling over 2% pre-market, the market wants to bring back the price up a little. Seeing a bullish momentum, I bought $TSLA 20230825 232.5 CALL$(first green arrow) early in hopes for the price to break 10 min opening range. Unfortunately, the price faces a rejection and went lower till my stop-loss is hit(-7%). What made

The S&P 500 futures are showing a modest uptick of 0.2% in pre-market trading, indicating a potential recovery after back-to-back losses in the previous sessions. Investors are absorbing the latest commentary from the Federal Reserve, which suggested that future rate hikes remain a possibility. Nasdaq-100 futures are also on the rise, up 0.3%, while Dow Jones Industrial Average futures are trading near the flatline. In corporate news, retail behemoth $Wal-Mart(WMT)$ has surged 1.6% in premarket trading following an impressive second-quarter earnings and revenue beat. The company has not only raised its full-year guidance but has also highlighted robust performance in its grocery and online sales segments.