To The Moon

The stock market is weird.You can do a great analysis. Be correct about your thesis. And sometimes, the stock doesn’t react for months or even years.Eventually, fundamentals win, but short-term emotions and speculation drive the market.I’m seeing this dynamic play out in $ON Semiconductor(ON)$ . The company hasn’t released so much as a press release since earnings came out on August 13, 2024, and yet the stock is up 22.1% in that time. The market’s sentiment changed, but why?The Same StoryNothing about On Holding has changed in the past month.Nothing has changed in the past year.The company just keeps delivering steady growth quarter after quarter.Why is the stock up?I could spin a tale to tell you why shares are moving. Maybe it was

$Micron Technology(MU)$’s earnings report far exceeded expectations, with fourth-quarter revenue growing 93% year-over-year. Management attributed the strong growth to the robust demand for AI, which drove significant growth in their data center DRAM products and industry-leading HBM chips. This earnings report undoubtedly reassures those who have been skeptical about AI over the past two months. Nvidia's stock rose 2% pre-market, and SOXL surged 10%.Will this rebound push Nvidia back to $140 or even higher? Market opinions are divided. However, the most important aspect of investing is to follow your own beliefs and style. Many people are hesitant to chase Nvidia's rise, feeling that it’s too expensive, given that Nvidia has already increased tenfo

US Market - Wednesday. US stocks lost steam on Wed, 25 Sep 2024 - after markets hit all-time highs, with the three major gauges closing mixed. This came about as investors again became concerned about : The health of US economy. The chances of another jumbo interest rate cut. By the time, 4pm came around: (see above) DJIA: -0.70% (-293.47 to 41,914.75). S&P 500: -0.19% (-10.67 to 5,722.26). Nasdaq: +0.04% (+7.68 to 18,082.21). CB Consumer Confidence (Sep 2024). Concern about health of US economy surfaced due to a surprisingly weak reading on consumer confidence. (see below) Consumer confidence for September 2024, tumbled as Americans grew increasingly worried about a cooling labour market. Latest Conference Board index reading came in at 98.7: Below August’s 105.6. And lower than 104 e

It seems this year's trend is to move in one big swing, just like Tesla, and now Chinese stocks as well.$KraneShares China Internet ETF (KWEB)$Those trading the major KWEB flows on Wednesday likely didn't expect them to be realized the very next day.The two main KWEB flows were an outright call buy and a short straddle.The call buy was in the $KWEB 20241101 33.0 CALL$ . They just closed it out and rolled to the $KWEB 20241018 36.0 CALL$ .We've discussed before that institutions tend to take profits on outright bullish options by rolling to higher strikes for calls, or lower strikes for puts.This allows them to 1

Post Mortem. On 10 Jun 2024, $NVIDIA Corp(NVDA)$ undergone a forward 10-for-1 stock split. Upon split, its adjusted stock price was $120.87 per share. Post split, Nvidia stock price and US market have experienced turbulence. And it did not manage to stay put at or above its split price. (see below) Despite registering a short-term bearish sentiment, a stock trading expert has: Highlighted that investors should anticipate a possible record high for the AI-chip maker. Cited the stock’s (a) technical setup and (b) other internal fundamentals. “Veteran” Weigh In. On 22 Sep 2024, a chart expert named CyclesFan shared in “X”, that Nvidia stock might go up soon. He has been looking at Nvidia’s True Strength Indicator (TSI) in the stock’s Weekly chart. (s