To The Moon

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Just when I thought the no-penny strategy couldn't get any more exciting, Wall Street always comes up with something new, like making $400 million for free.On May 4, as the market focused on expectations of a rate hike at the FOMC meeting and whether the halving of Westpac's share price would trigger another bank crash, one trader bought a big portfolio of VIX options:buy 3x $VIX 20230920 60.0 CALL$sell 1x $VIX 20230920 40.0 CALL$Simply selling 40calls and buying 60calls can be interpreted as traders shorting VIX volatility on the assumption that nothing much will happen this year and that the VIX will remain stable below

The Maryland-based company biotech firm $Novavax(NVAX)$ Latest Earnings Results reported a Q1 net loss of $293.9 million and the company would slash its global workforce by about 25%. Seems investors are wondering how will they going to do $1.5 billion in covid vaccine sales in 2023 after doing only $81 million in Q1.Hopefully its staff cuts will contribute toward its goal of reducing its annual expenditure by around 40% to 50% by 2024, according to the press release. ImageHowever, the outlook of$Novavax(NVAX)$ is Neutural, good news shows the company has positive Phase 2 Topline results show on COVID-Influenza combination, stand-alone influenza and high-dose COVID vaccine candidates demonstrate robu

Earnings of growth stocks diverge greatly in this earnings season.$Snap Inc(SNAP)$ shares dropped as much as 20%; $Cloudflare, Inc.(NET)$ plunged as much as 25% in after-hours trading Thursday; $Lyft, Inc.(LYFT)$ dropped 17%; $Upstart Holdings, Inc.(UPST)$ surged 50% yesterday.The roller-coaster ride of growth stocks happens every day in this earnings season.How to profit from their divergence and wild ride?Straddle helps you profit from high volitilityStraddle refers to buying a combination of “call and put” with the same strike price and expiration date, with the strike price usually taken close to the current price (AT

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. In my previous article I have shared about how I will invest in $Fidelity NASDAQ Composite Index ETF(ONEQ)$ , looking how things have started to unfold. It might be a good time to load ONEQ. The constituents in this ETFs have been doing pretty normal and hence, ONEQ has enjoyed an uptrend over the past week. There are some adjustment but price stay above $47.70. Which I am looking to enter at a pivot point of $47.85 ONEQ Technical Analysis - Moving Averages Fidelity Nasdaq Composite Index ETF’s (ONEQ) 10-Day exponential moving average is 47.73, while Fidelity Nasdaq Composite Index ETF’s