To The Moon

$Tesla Motors(TSLA)$ stock price have wiped out nearly -20% of its value in less than 2 weeks, amid growing concerns that demand for electric cars is starting to weaken, globally. (see below) The selloff started in mid-October 2023, when Tesla dialed back growth expectations during its Q3 2023 earnings conference. Next to follow were “grim” commentaries from a few global automakers, as well as Wall Street analysts. On Mon, 30 Oct 2023, battery-maker $Panasonic Holdings Corporation(PCRFY)$ and chipmaker $ON Semiconductor(ON)$, both also sounded alarms for the EV industry. The waves of “negative” news could not have been more “timely”, with the US automotive sector

Larry Tentarelli @bluechipdaily$S&P 500(.SPX)$ reclaimed the 40-Week MA today, Still below 10-week. Needs a close over 4400 to reclaim 20-week MA and more importantly put in a higher high.All 11 $S&P 500(.SPX)$ 500 sectors were up, by 1.3% or more. These strong breadth moves are usually at the beginning of a bigger trend move, as we saw in June.Do your have trading target stock for November?For individual stocks, Index direction and trend are key. For stock selection, over the 20, 50 and 200-sma are often the strongest stocks. Other criteria go into stock selection. 206 large caps > 20, 50 & 200. Coming out of an index drawdown, I use a combination of ETFs (for size) & single stocks.

According to report by WSJ, $WeWork(WE)$ plans to file for bankruptcy as early as next week.WeWork, once highly anticipated, experienced a significant decline in value (once at $47 billion) due to management issues and investor concerns.With its business model questioned by many, will WeWork receive more funds or be acquired by big tech?$10 bln funds vs. $10 bln debtsSoftBank invested substantial funds of over $10 bln, but WeWork's value plummeted by almost 98%.lose 47% on the bankruptcy newsEarlier on Tuesday, the company told the US financial regulator it had agreed with creditors to temporarily postpone payments for some of its debt.As of June this year, WeWork had 777 office locations in 39 countries, with estimated lease debts of up to $10 bill

$Advanced Micro Devices(AMD)$ is set to report its earnings, and there are several factors to consider when assessing its prospects, including recent performance, analyst expectations, and technical analysis. AMD Headquarters Santa Clara In the previous quarter, AMD reported revenues of $5.36 billion, which was in line with analyst expectations but represented an 18.2% decline year-on-year. It was a challenging period for the company, with weak revenue guidance for the following quarter and a decline in its operating margin. These factors may have contributed to a sense of caution among investors. Income statement For the upcoming earnings report, analysts are anticipating a 2.32% year-on-year growth in revenue to reach $5

Clearway Energy Inc (CWEN) recently held its Q3 2023 earnings call, during which both bullish and bearish points were discussed. Here are the specific viewpoints from the earnings call: Bullish Points: 1. Clearway Energy's cost of capital remains well below the target returns of a pure development, preserving the relationship and benefits for both parties. 2. Strong demand for renewable assets with long-term contracts. 3. No need for external capital to complete DPS objectives through 2026. 4. Reaffirmation of continued line of sight for $2.15 of CAFD per share. 5. Strong sponsorship relationship with Clearway Group. 6. Clearway Group's 29 gigawatts development pipeline. 7. Renewable industry benefits from supportive federal and state policies, as well as corporate ESG goals. 8. Simple ca

🌟🌟🌟Dividend Income is a great way to achieve passive income while waiting for capital growth. $NASDAQ 100 Covered Call ETF(QYLD)$ does that rather well with 12% Distribution Yield paid monthly. How does QYLD do this you may ask? QYLD seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility. In fact QYLD has made monthly distributions 9 years in a row. QYLD does the heavy lifting by writing call options on the Nasdaq 100 Index, saving investors the time and potential expense of doing so individually. The Top 10 holdings include $Apple(AAPL)$