To The Moon

Here are Wednesday biggest calls on Wall Street:Barclays downgrades Tesla to equal weight from overweightBarclays downgraded the stock on valuation and challenging near-term fundamentals.“Downgrading $TSLA(TSLA)$ to EW from OW; 2) Stock performance amid recent rally too sharp relative to challenging near-term fundamentals…questions remain on margins, demand elasticity; 3) Bullish on LT opty, but LT initiatives will take time to show through.”Goldman Sachs upgrades Petrobras to buy from neutralGoldman said the Brazilian petroleum company has an attractive valuation.“While some uncertainty remains (although relatively lower than earlier in the year), we see $PBR(PBR)$ trading at an undemanding valuation.”Wol

22 June sell covered put on Google $100 earn $4(5%) for half a year with a $24 buffer for it to drop to break even price $Alphabet(GOOGL)$ $Vanguard S&P 500 ETF(VOO)$ A cash-secured put is a trading strategy in options trading where an investor sells a put option contract and secures the obligation by having enough cash in their account to buy the underlying asset if the option is exercised. Let's consider an example involving Google stock, which is currently trading at $120. We'll assume a strike price of $100 and a premium of $4, with a six-month expiry. Selling a cash-secured put involves the following steps: Understanding the Basics: Before delving into s

As forecasted in my ytd post - In Investment, When In Doubt - Pause!, Mr Powell session with the House Financial Services was indeed anchored on the “interest rate” topic. Fed Chair Jerome Powell affirmed that interest rates will continue to increase in his testimony. With the cat out of the bag, US market reacted to Mr Powell’s remarks. They did not like what they hear. All 3 composite index fell: DJIA : -0.30% (-102.35 to 33,951.52). S&P 500 : -0.52% (-23.02 to 4,365.69). Nasdaq : -1.21% (-165.09 to 13,502.20). Worst performing index. Fed's dot plot Looking at the Fed’s latest dot plot, many believed an interest hike in as early as July seems plausible. With a +0

These stocks could be staples in your portfolio for the foreseeable future.

NVIDIA's RTX 4060 will have some stiff competition.

Tesla’s chain of charging stations have helped crystallize the idea that the company is more than car maker. Joel Saget/AFP via Getty Images Tesla started tweeting f