To The Moon

Low price tag makes 0DTE a popular tool to speculate on sharesOne fund manager calls it ‘fantasy football’ of option tradingThere’s an invisible force driving the most popular options trade of the yea

Recently, semiconductor company stock prices have significantly pullbacked, among which:Lithography giant $ASML Holding NV(ASML)$ corrected 22.5%; $Applied Materials(AMAT)$ , the world's largest semiconductor equipment company, saw an 11% pullback; $Advanced Micro Devices(AMD)$ pullbacked 23.6%;Chip contract manufacturing giant $Taiwan Semiconductor Manufacturing(TSM)$ back 19.4%...What happened? Is this semiconductor pullback a buying opportunity?In general, the main reason for this wave of semiconductor pullback is that semiconductor fundamentals cannot match skyrocketing stock prices.For example, Applied Materials, befo

Public Holidays There are no public holidays for Hong Kong, Singapore, the US & China in the coming week. Economic Calendar (18Sep2023) Notable Highlights Fed’s interest rate decision would be the highlight with some expecting a pause in the rate hike though one more rate hike is expected to take place. Philadelphia Fed Manufacturing Index will be released this week. This will shed light on the manufacturing sector’s performance and outlook. PMI - S&P Global Services PMI will be released this week. This would reflect if services are expanding or contracting. Building Permits & Home Sales. These will reveal the demand for buildings in the USA as various ones have touted the real estate crash. Jobless claims. Initial jobless claims will be announced on Thursday. This would form c

My investing muse - UAW strike, inflation, interest rate & Ukraine Inflation and interest rate Most eyes will be fixed on the Fed with their coming interest rate decision. Most are expecting the hike rate to pause with a probable one more rate hike by the end of the year. The latest CPI figure may have matched expectations but there was an increase of 0.6% Month on Month (MoM). This implies that things are still getting more expensive over time. With OPEC+ reducing their daily oil production by 1.3 million barrels per day (bpd), the oil price has crossed the USD$90 mark recently. This should be sustained till the end of the year. Strikes UAW strike has taken place with about 13,000 union workers involved. The strike is affecting the automakers GM, Ford and Stellantis. While the demands