To The Moon

Institutions short $Consumer Discretionary Select Sector SPDR Fund(XLY)$ again:buy$XLY 20230915 145.0 PUT$sell $XLY 20230915 95.0 PUT$Institutions bought 4,000 puts with a strike price of 145 and sold 20,000 puts at 95.Yesterday's article wrote that a basket of stocks bought by XLY may be the source of the decline. As the chart shows, the top 10 holdings are as follows:Both Amazon and Tesla could be the trigger for a pullback, but I didn't expect an answer so soon: Yes, Tesla is leading the way again! How far will the correction go? There was a lot of buying at the open today on the

Google parent Alphabet reported revenue and earnings for the first quarter that topped estimates. The stock jumped over 4% in extended trading before paring its gains. Let's see what happened.Let's look at Google's earnings reportThe company's revenue for the period reached $69.787 billion, an increase of 2.61% year-over-year, beating analysts' expectations of $68.9 billion; earnings per share reached $1.17, exceeding analysts' expectations of $1.07.Google reported core advertising revenue of $54.548 billion, down 0.2% year-over-year, in the third quarter since the company went public;Revenue from YouTube ads: $6.69 billion, exceeding analyst estimates of $6.6 billion;Revenue from Google Cloud: $7.45 billion, beating analyst estimates of $7.49 billion;The Traffic Acquisition Costs (TAC) we