1. What news/movements are worth noting in the market today? Any stocks to watch?
2. What trading opportunities are there? Do you have any plans?
๐ Make a post here, everyone stands a chance to win Tiger coins!
Can SoundHound AI (SOUN) Projected Strong Growth Help Reduce Caution On Its High Valuation
$SoundHound AI Inc(SOUN)$ is scheduled to report its Q3 2024 earnings on 12 Nov after market close. Analysts are expecting revenue to be up 78.47% from same period last year to $23.68 million. But even with the significant improvement of the revenue projected, earning per share is projected to be at loss of 7 cents, though slightly an improvement of same period of 9 cent loss last year. Growing Demand For SOUN AI Solutions In Automotive and Restaurants Sectors Driven by the growing demand for AI solutions in sectors like automotive and restaurants, SoundHound has expanded its market presence with partnerships and acquisitions, including its integration of ChatGPT in vehicles and its recent SYNQ3 acquisition. The stock has surged 227.8% year-to-dat
How I potentially make $200 from selling Palantir cover call
Overview of the Trade On November 11, 2024, I purchased 101 shares of Palantir Technologies Inc. (PLTR) at a price of $59.42 per share. Shortly after, I sold a call option with a strike price of $60, expiring on November 15, 2024, and earned a premium of $1.49 per share. With the current PLTR stock price at $60.30 on November 12, 2024, this setup qualifies as a covered call strategy, where I own the shares of the underlying stock and sell a call option against it. Covered Call Explained In a covered call, I hold the stock (PLTR) and simultaneously sell a call option. If PLTRโs price stays below the strike price of $60 until expiration, the option will expire worthless, allowing me to keep the premium of $1.49 per share while retaining ownership of the stock. However, if the stock price ris
$DraftKings Inc.(DKNG)$ DraftKings presents a compelling growth story, supported by robust revenue expansion and increasing profitability. With a projected 31% year-over-year revenue growth and a goal of $900 million to $1 billion in adjusted EBITDA by 2025, the company is rapidly moving toward sustainable profitability. User engagement has surged, with Monthly Unique Payers up 55% year-over-year, reflecting strong demand across the U.S., where DraftKings is now operational in 25 states and Washington, D.C., reaching nearly half the population. The company's ongoing expansion into new markets like Missouri and Puerto Rico, along with its established presence in Ontario, Canada, signals substantial future growth oppor
$Walt Disney(DIS)$ Over the past five years, Disney's stock has under performed, dropping 36%, and it is currently trading at levels similar to 2014. Despite a profitable direct-to-consumer business, growing free cash flow, dividends, and stock buybacks, the stock continues to decline. Many shareholders are frustrated, with varying opinions about the stock's future. Earning Overview In a recent earnings report, Disney exceeded expectations with a beat on earnings and revenue, but the stock still dropped due to weaker-than-expected performance in domestic theme parks. The slowdown is attributed to broader consumer challenges, including inflation and increased living costs, which have impacted spending on leisure activities. Despite this, Disney cont
$Meta Platforms, Inc.(META)$ It appears that META is currently in a consolidation phase, with the MACD showing weak bearish momentum that seems poised to turn bullish. This could be a hint that META may be gearing up for another upward move soon ๐ค I believe it will ๐ $META VERTICAL 241220 PUT 530.0/PUT 535.0$
$Grab Holdings(GRAB)$ managed to turn a profit in the third quarter of 2024, which was reported on November 11, and jumped more than 12% after the earnings report.An overview of the financialsRevenue: Q3 revenue was $716 million, up 17% year-over-year and 20% on a constant currency basis, beating expectations of $699 million; on-demand gross transaction value GMV reached $4,659 million, up 15% year-over-year and 18% on a constant currency basis.On the profit side, a turnaround was achieved with a profit of $15 million, a significant improvement from a loss of $99 million in the same period last year; adjusted EBITDA was $90 million, up 224% year-over-year.Operating cash flow was $338 million, up 5% year-over-year.Adjusted free cash flow was $138 m
11 Nov Market Buying Activity Triggered By FOMO For Further Gains
We are seeing many stocks on upward movements, the S&P 500 closed above 6,000 for the first time, marking a 0.1% increase from Friday's record close. NASDAQ also rose by 0.06%, while the Dow Jones Industrial Average gained 0.69%. The Russell 2000 outperformed with a jump of 1.4%. Advancers leading decliners by a roughly 3-to-2 margin at both the NYSE and the Nasdaq. The Invesco S&P 500 Equal Weight ETF (RSP) increased by 0.5%, and six S&P 500 sectors recorded gains. Small-cap stocks, along with other market segments favored last week, benefitted from optimism surrounding the economy and equity market under the incoming administration and Congress. We are also seeing buying activity triggered by FOMO (Fear Of Missing Out) for further gains. This week, we will be seeing quite a f
How a reverse is happening to Lemonade after losing 77% of top value?
$Lemonade, Inc.(LMND)$ jumped 20% yesterday, and as a company in the same industry as Warren Buffett's $Berkshire Hathaway(BRK.A)$ , its volatility has been highlighted, and the stock has been on a roller coaster ride since its IPO.However, after the recent release of its results, its bottom features are also visible, with a series of positive growth metrics allowing investors to trade on its ongoing positive expectations as well.Q3 performancePremium growth:Compulsory premiums: Lemonade's compulsory premiums increased by 24% to $889 million, with excellent performance in attracting new customers and increasing premiums for existing customersNumber of customers: Number of customers increased by 17% to 2.
S&P 500 Index Breaks 6,000 Points for the First Time ๐บ๐ธ S&P 500 Index: +0.10% ๐ ๐บ๐ธ Nasdaq Index: +0.06% ๐ ๐ช๐บ STOXX 600 Index: +1.13% ๐ ๐ฏ๐ต Nikkei 225 Index: +0.08% ๐ ๐ญ๐ฐ Hang Seng Index: -1.42% ๐ ๐จ๐ณ CSI 300 Index: +0.66% ๐ ๐ธ๐ฌ Straits Times Index: +0.41% ๐ โข U.S. stocks rose slightly, with the S&P 500 and Nasdaq both up by 0.1%. Investors are increasingly aligning their portfolios with the economic policies expected from the newly elected President Donald Trump. โข Chinese stocks were mixed, with the Hang Seng Index falling by -1.4%, while the CSI 300 Index rose by 0.7%, as investors continued to digest Beijing's latest stimulus plan, which saw real estate and consumer sectors among the hardest-hit industries. ๐ก Upcoming Events: ๐ก โข On Tuesday, the U.S. NFIB Small Business Index an
$Zeta Global Holdings Corp.(ZETA)$ beat market expectations again in Q3 2024 and was volatile after hours, jumping 20% at one point before turning lower.The company's shares have risen about 303.4% since the beginning of the year, significantly outperforming $.SPX(.SPX)$ indexFinancial OverviewRevenue: total Q3 revenue was $268.3 million, up 42% year-over-year, and up 31% excluding political candidate revenueEarnings per share (EPS): the company reported EPS of $0.16, slightly below market expectations of $0.17;Adjusted EBITDA: Adjusted EBITDA was $53.6 million, an increase of 59% year-over-year, with an adjusted EBITDA margin of 20%, up from 17.9% a year ago[1][2].Net Loss: GAAP net loss was $17.4 millio
Options Market Statistics: Tesla Stock Soars 9% as Wall Street Grows More Bullish After 'Game-Changer' Election; Options Pop $Tesla Motors(TSLA)$ stock gained nearly 9% on Monday, sending shares to their highest level since early 2022 and giving the company a market cap north of $1.1 trillion amid optimism that the electric vehicle maker will be a big winner under the Trump administration. "We are raising our price target on Tesla to $400 from $300 as we believe the Trump White House win will be a game-changer for the autonomous and AI story for Tesla and Musk over the coming years," Wedbush analysts led by Dan Ives wrote in a new note to clients on Monday. The options market was notably active, with a vo
Pfizer Below $26 - Opportunity or Trap With Future Dividend Cut? | 6% Yield Stock?
$Pfizer(PFE)$ The market opened strong across most sectors, though thereโs some noticeable weakness in the semiconductor space. Still, overall performance remains solid, with impressive gains seen in 2024. Today, our focus is on Pfizer to determine if it's a buying opportunity or a potential trap, as it trades near its 52-week low with a substantial dividend yield of 6.33%. Starting with Pfizerโs recent earnings report, the company exceeded expectations, both raising its four-year guidance and achieving strong performance metrics. Earnings per share (EPS) came in at $1.06, surpassing the expected $0.62, while revenue reached $17.7 billion against a forecast of $14.95 billion. Additionally, Pfizer increased its EPS guidance from $2.45-$2.65 to $2.75
Capitalizing on CapitaLand Integrated Commercial Trust's Strategic Divestment
Overview of the Markets The market reacted with interest to CapitaLand Integrated Commercial Trust's (CICT) $CapLand IntCom T(C38U.SI)$ announcement of its strategic divestment of a prime office property at 21 Collyer Quay in Singaporeโs Raffles Place. This S$688 million sale is expected to free up significant capital for CICT, creating potential for both risk mitigation and growth. In a time when real estate trusts are focusing on optimizing portfolios, this move highlights CICT's approach to strengthening its balance sheet and funding new opportunities. However, as units of CICT closed flat at S$1.97 on Monday prior to the news, investors are closely watching to see how the market will adjust in the wake o
$Monday.com Ltd.(MNDY)$ Earning Overview In the Q3 2024, $Monday.com Ltd.(MNDY)$ revenue reached $251 million, marking a 33% increase from the previous year. The company reported a GAAP operating loss of $27.4 million (an 11% negative margin), a deeper loss than the $2.5 million from the prior year. However, on a non-GAAP basis, operating income was $32.2 million with a 13% margin, consistent with last yearโs margin. The GAAP net loss per share was $0.24, down from a net income per share of $0.15 in the same quarter last year. Non-GAAP net income per share rose to $0.90 (basic) and $0.85 (diluted), up from $0.68 and $0.64, respectively, a year ago. Cash flow from operations totaled $86.6 million, with fre
$Dollar Tree(DLTR)$$Dollar General(DG)$ Today we cover the Dollar company, there are now over 36,000 dollar stores across the U.S.โmore than one for every 10,000 people. These retailers have long been favorites on Wall Street, with Dollar General and Dollar Tree standing out as top performers during the Great Recession of 2009 and 2010. Between 2008 and 2022, the stock prices for both Dollar Tree and Dollar General surged over 1,500%, significantly outpacing the S&P 500. However, in the past two years, both companiesโ stocks have sharply declined, and the near-term outlook remains uncertain. After decades of strong growth, the number of stores has increased by about 50% in just the last decade, creatin
๐๐๐Grab $Grab Holdings(GRAB)$ has just announced an excellent Q3 24 Earnings report on Monday. Its revenue grew 17% for the quarter to USD 716 million. Grab has just delivered its 11th consecutive quarter of Adjusted EBITDA improvement and its 2nd positive Profit for the quarter. Grab is now serving more users than ever before with 42 million Monthly Transacting Users on its platform. Grab is a leading Super App in Southeast Asia, providing everyday services such as mobility, deliveries and digital financial services to millions of people in the fast growing South East Asian region. Grab is currently operating in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Viet
Can SoundHound AI (SOUN) Projected Strong Growth Help Reduce Caution On Its High Valuation
$SoundHound AI Inc(SOUN)$ is scheduled to report its Q3 2024 earnings on 12 Nov after market close. Analysts are expecting revenue to be up 78.47% from same period last year to $23.68 million. But even with the significant improvement of the revenue projected, earning per share is projected to be at loss of 7 cents, though slightly an improvement of same period of 9 cent loss last year. Growing Demand For SOUN AI Solutions In Automotive and Restaurants Sectors Driven by the growing demand for AI solutions in sectors like automotive and restaurants, SoundHound has expanded its market presence with partnerships and acquisitions, including its integration of ChatGPT in vehicles and its recent SYNQ3 acquisition. The stock has surged 227.8% year-to-dat
$Walt Disney(DIS)$ Over the past five years, Disney's stock has under performed, dropping 36%, and it is currently trading at levels similar to 2014. Despite a profitable direct-to-consumer business, growing free cash flow, dividends, and stock buybacks, the stock continues to decline. Many shareholders are frustrated, with varying opinions about the stock's future. Earning Overview In a recent earnings report, Disney exceeded expectations with a beat on earnings and revenue, but the stock still dropped due to weaker-than-expected performance in domestic theme parks. The slowdown is attributed to broader consumer challenges, including inflation and increased living costs, which have impacted spending on leisure activities. Despite this, Disney cont
11 Nov Market Buying Activity Triggered By FOMO For Further Gains
We are seeing many stocks on upward movements, the S&P 500 closed above 6,000 for the first time, marking a 0.1% increase from Friday's record close. NASDAQ also rose by 0.06%, while the Dow Jones Industrial Average gained 0.69%. The Russell 2000 outperformed with a jump of 1.4%. Advancers leading decliners by a roughly 3-to-2 margin at both the NYSE and the Nasdaq. The Invesco S&P 500 Equal Weight ETF (RSP) increased by 0.5%, and six S&P 500 sectors recorded gains. Small-cap stocks, along with other market segments favored last week, benefitted from optimism surrounding the economy and equity market under the incoming administration and Congress. We are also seeing buying activity triggered by FOMO (Fear Of Missing Out) for further gains. This week, we will be seeing quite a f
$Dollar Tree(DLTR)$$Dollar General(DG)$ Today we cover the Dollar company, there are now over 36,000 dollar stores across the U.S.โmore than one for every 10,000 people. These retailers have long been favorites on Wall Street, with Dollar General and Dollar Tree standing out as top performers during the Great Recession of 2009 and 2010. Between 2008 and 2022, the stock prices for both Dollar Tree and Dollar General surged over 1,500%, significantly outpacing the S&P 500. However, in the past two years, both companiesโ stocks have sharply declined, and the near-term outlook remains uncertain. After decades of strong growth, the number of stores has increased by about 50% in just the last decade, creatin
How a reverse is happening to Lemonade after losing 77% of top value?
$Lemonade, Inc.(LMND)$ jumped 20% yesterday, and as a company in the same industry as Warren Buffett's $Berkshire Hathaway(BRK.A)$ , its volatility has been highlighted, and the stock has been on a roller coaster ride since its IPO.However, after the recent release of its results, its bottom features are also visible, with a series of positive growth metrics allowing investors to trade on its ongoing positive expectations as well.Q3 performancePremium growth:Compulsory premiums: Lemonade's compulsory premiums increased by 24% to $889 million, with excellent performance in attracting new customers and increasing premiums for existing customersNumber of customers: Number of customers increased by 17% to 2.
Pfizer Below $26 - Opportunity or Trap With Future Dividend Cut? | 6% Yield Stock?
$Pfizer(PFE)$ The market opened strong across most sectors, though thereโs some noticeable weakness in the semiconductor space. Still, overall performance remains solid, with impressive gains seen in 2024. Today, our focus is on Pfizer to determine if it's a buying opportunity or a potential trap, as it trades near its 52-week low with a substantial dividend yield of 6.33%. Starting with Pfizerโs recent earnings report, the company exceeded expectations, both raising its four-year guidance and achieving strong performance metrics. Earnings per share (EPS) came in at $1.06, surpassing the expected $0.62, while revenue reached $17.7 billion against a forecast of $14.95 billion. Additionally, Pfizer increased its EPS guidance from $2.45-$2.65 to $2.75
$Monday.com Ltd.(MNDY)$ Earning Overview In the Q3 2024, $Monday.com Ltd.(MNDY)$ revenue reached $251 million, marking a 33% increase from the previous year. The company reported a GAAP operating loss of $27.4 million (an 11% negative margin), a deeper loss than the $2.5 million from the prior year. However, on a non-GAAP basis, operating income was $32.2 million with a 13% margin, consistent with last yearโs margin. The GAAP net loss per share was $0.24, down from a net income per share of $0.15 in the same quarter last year. Non-GAAP net income per share rose to $0.90 (basic) and $0.85 (diluted), up from $0.68 and $0.64, respectively, a year ago. Cash flow from operations totaled $86.6 million, with fre
$Grab Holdings(GRAB)$ managed to turn a profit in the third quarter of 2024, which was reported on November 11, and jumped more than 12% after the earnings report.An overview of the financialsRevenue: Q3 revenue was $716 million, up 17% year-over-year and 20% on a constant currency basis, beating expectations of $699 million; on-demand gross transaction value GMV reached $4,659 million, up 15% year-over-year and 18% on a constant currency basis.On the profit side, a turnaround was achieved with a profit of $15 million, a significant improvement from a loss of $99 million in the same period last year; adjusted EBITDA was $90 million, up 224% year-over-year.Operating cash flow was $338 million, up 5% year-over-year.Adjusted free cash flow was $138 m
Capitalizing on CapitaLand Integrated Commercial Trust's Strategic Divestment
Overview of the Markets The market reacted with interest to CapitaLand Integrated Commercial Trust's (CICT) $CapLand IntCom T(C38U.SI)$ announcement of its strategic divestment of a prime office property at 21 Collyer Quay in Singaporeโs Raffles Place. This S$688 million sale is expected to free up significant capital for CICT, creating potential for both risk mitigation and growth. In a time when real estate trusts are focusing on optimizing portfolios, this move highlights CICT's approach to strengthening its balance sheet and funding new opportunities. However, as units of CICT closed flat at S$1.97 on Monday prior to the news, investors are closely watching to see how the market will adjust in the wake o
For week ending 8 Nov 2024, US stocks just had their best week of 2024. All 3 major indexes pressed to record highs after Donald Trump won the 2024 presidential election. (see below) The S&P 500 index and the Dow Jones Industrial Average rose more than +4.5%. The Nasdaq Composite rose nearly 6%. Whatโs Up This Week? For the week beginning 11 Nov 2024, a fresh reading on (a) inflation and (b) retail sales, will lead the economic calendar. In quarterly earnings season, listed companies $Home Depot(HD)$, $Cisco(CSCO)$, and Disney (DIS) will highlight another week of earnings reports. Incidentally, Warren Buffett backed $Nu Holdings Ltd.(NU)$ [NuBank] will also be re
How I potentially make $200 from selling Palantir cover call
Overview of the Trade On November 11, 2024, I purchased 101 shares of Palantir Technologies Inc. (PLTR) at a price of $59.42 per share. Shortly after, I sold a call option with a strike price of $60, expiring on November 15, 2024, and earned a premium of $1.49 per share. With the current PLTR stock price at $60.30 on November 12, 2024, this setup qualifies as a covered call strategy, where I own the shares of the underlying stock and sell a call option against it. Covered Call Explained In a covered call, I hold the stock (PLTR) and simultaneously sell a call option. If PLTRโs price stays below the strike price of $60 until expiration, the option will expire worthless, allowing me to keep the premium of $1.49 per share while retaining ownership of the stock. However, if the stock price ris
S&P 500 Index Breaks 6,000 Points for the First Time ๐บ๐ธ S&P 500 Index: +0.10% ๐ ๐บ๐ธ Nasdaq Index: +0.06% ๐ ๐ช๐บ STOXX 600 Index: +1.13% ๐ ๐ฏ๐ต Nikkei 225 Index: +0.08% ๐ ๐ญ๐ฐ Hang Seng Index: -1.42% ๐ ๐จ๐ณ CSI 300 Index: +0.66% ๐ ๐ธ๐ฌ Straits Times Index: +0.41% ๐ โข U.S. stocks rose slightly, with the S&P 500 and Nasdaq both up by 0.1%. Investors are increasingly aligning their portfolios with the economic policies expected from the newly elected President Donald Trump. โข Chinese stocks were mixed, with the Hang Seng Index falling by -1.4%, while the CSI 300 Index rose by 0.7%, as investors continued to digest Beijing's latest stimulus plan, which saw real estate and consumer sectors among the hardest-hit industries. ๐ก Upcoming Events: ๐ก โข On Tuesday, the U.S. NFIB Small Business Index an
$Zeta Global Holdings Corp.(ZETA)$ beat market expectations again in Q3 2024 and was volatile after hours, jumping 20% at one point before turning lower.The company's shares have risen about 303.4% since the beginning of the year, significantly outperforming $.SPX(.SPX)$ indexFinancial OverviewRevenue: total Q3 revenue was $268.3 million, up 42% year-over-year, and up 31% excluding political candidate revenueEarnings per share (EPS): the company reported EPS of $0.16, slightly below market expectations of $0.17;Adjusted EBITDA: Adjusted EBITDA was $53.6 million, an increase of 59% year-over-year, with an adjusted EBITDA margin of 20%, up from 17.9% a year ago[1][2].Net Loss: GAAP net loss was $17.4 millio
Occidental Petroleum (OXY) Debt Reduction Effect In Focus
Occidental Petroleum (OXY) is set to report its third-quarter results on Tuesday after the closing bell. Last quarter, Occidental Petroleum beat analyst estimates on the top and bottom lines, with earnings of $1.03 per share on revenue of $6.82 billion. The company has beat analysts' expectations in the past four consecutive quarters. Market expects Occidental Petroleum to report earnings of 75 cents and quarterly revenue of $7.232 billion. Effect Of Debt Reduction To Quarter Revenue Contribution In August, OXY has disclosed a $3 billion reduction in principal debt driven by strong organic cash flow and proceeds from divestitures. As mentioned by their CEO, this is through the rapid and significant progress of our deleveraging program along with enhancements made to their already premier p
๐๐๐Grab $Grab Holdings(GRAB)$ has just announced an excellent Q3 24 Earnings report on Monday. Its revenue grew 17% for the quarter to USD 716 million. Grab has just delivered its 11th consecutive quarter of Adjusted EBITDA improvement and its 2nd positive Profit for the quarter. Grab is now serving more users than ever before with 42 million Monthly Transacting Users on its platform. Grab is a leading Super App in Southeast Asia, providing everyday services such as mobility, deliveries and digital financial services to millions of people in the fast growing South East Asian region. Grab is currently operating in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Viet
Marathon Digital (MARA) Expenses To Watch For Capacity Expansions
$Marathon Digital Holdings Inc(MARA)$ is scheduled to report its third quarter result on 12 Nov after market close. We have seen MARA stock price go up higher after it announced it added capacity in Ohio in anticipation of more growth. This is even more significant when $CME Bitcoin - main 2411(BTCmain)$ price surge past $85,000 at time of writing. MARA engages in mining cryptocurrencies with a focus on the blockchain ecosystem and generating digital assets. The stock have been up more than 50% since last weekโs close on Election Day, it has been on its highest percentage gain since 29 Aug 2023. Market is expecting MARA to report a loss of 33 cents for the consensus EPS forecast. Bitcoin Production a
Is SHLD Global X Defense Tech ETF A Good Buy With Trump Presidency?
๐๐๐With Donald Trump set to be President in January 20 2025, he would be the new Commander In Chief of the US armed forces. The 2024 Republican Platform said that it will ensure the US military is the most modern, lethal and powerful force in the world. According to Statista, the US led the ranking of the countries with the highest military spending in 2023 with USD 916 billion. That represents over 40% of the total military spending worldwide in 2023. $Global X Defense Tech ETF(SHLD)$ SHLD represents the best defense technology companies worldwide that provide the products and services in that sector. These include Cybersecurity, AI, Big Data, Augmented Reality, Advanced Military Systems as well as Robotics,
$DraftKings Inc.(DKNG)$ DraftKings presents a compelling growth story, supported by robust revenue expansion and increasing profitability. With a projected 31% year-over-year revenue growth and a goal of $900 million to $1 billion in adjusted EBITDA by 2025, the company is rapidly moving toward sustainable profitability. User engagement has surged, with Monthly Unique Payers up 55% year-over-year, reflecting strong demand across the U.S., where DraftKings is now operational in 25 states and Washington, D.C., reaching nearly half the population. The company's ongoing expansion into new markets like Missouri and Puerto Rico, along with its established presence in Ontario, Canada, signals substantial future growth oppor
Options Market Statistics: Tesla Stock Soars 9% as Wall Street Grows More Bullish After 'Game-Changer' Election; Options Pop $Tesla Motors(TSLA)$ stock gained nearly 9% on Monday, sending shares to their highest level since early 2022 and giving the company a market cap north of $1.1 trillion amid optimism that the electric vehicle maker will be a big winner under the Trump administration. "We are raising our price target on Tesla to $400 from $300 as we believe the Trump White House win will be a game-changer for the autonomous and AI story for Tesla and Musk over the coming years," Wedbush analysts led by Dan Ives wrote in a new note to clients on Monday. The options market was notably active, with a vo