To The Moon

$S&P 500(.SPX)$ The $5250 gap has been filled, and the $5215 S/R level provided support, coinciding with the 20DMA zone.A bounce or muted session tomorrow is possible, but it's too early to call a bottom, it would be better to see Williams%R completing the move to oversold zone.The bearish MACD crossover is confirmed, and unlike February and March when it was constantly invalidated, this MACD appears when the three major indexes reached strong annual resistance levels. In the case of the SP500, this level is $5304, as presented over the weekend with the Fibonacci extension analysis. $DJIA(.DJI)$ was also presented during the weekend, showing perfect rejection at $39,835; a resistance anticipated since

In my previous article analyzing Nvidia (NVDA), I calculated the $2 billion trader's breakeven point to be around $1,120. So what would happen if the stock price surpassed $1,120?On Tuesday at 12:41 pm, Nvidia's stock price rallied to $1,131.09. At this point, a large block trade occurred with 7,700 contracts of the $NVDA 20240920 950.0 CALL$ being sold to close the position.It's widely known that the $2 billion trader bought 37,700 contracts this past Friday. With the open interest now reduced to 32,300 contracts, we can deduce that this 7,700 contract trade was the $2 billion trader taking profits.Calculating with the $165.70 entry cost, the 7,700 call options were purchased for $128 million on Friday. Closing at $234

Faraday Future Intelligent Electric today announced its financial results for its fourth quarter and full year ended December 31, 2023. FFIE Positive Financial Results For fiscal 2023, FF produced its first year of revenue as well as a reduced operating loss, and cash used in operating activities, while improving the composition of its balance sheet, as compared with fiscal 2022. These results were achieved through major cost reductions and cost discipline. FF reported revenue of $0.8 million for 2023 and cost of goods sold of $43 million, compared with no revenue and cost of goods sold in 2022. This reflects that the Company only began delivering vehicles in the third quarter 2023. Loss from operations was $286 million for 2023, as compared to a loss from operations of $437 million for 20

On the 22 May 2024 interview with Yahoo Finance, $NVIDIA Corp(NVDA)$ CEO Mr Jensen Huang offered strong praise for $Tesla Motors(TSLA)$ advancements in self-driving technology, even as other automakers ramp up their own autonomous driving efforts. To paraphrase - "Tesla is far ahead in self-driving cars," Huang remarked, acknowledging Tesla's significant head start in the field. (see below) However, he also supplemented that autonomous capabilities will eventually become standard in all vehicles. Huang's comments is pivotal for Tesla, as the company faces: Scrutiny. Increasing competition. …relating to its Full Self-Driving (FSD) technology that has just been rebranded to underscore “the need for drive