🚀Key events in the coming week, share your trading plans!
Hi, Tigers!Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!Click here to join the Topic & Win coins >>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.(NOTE: Comments posted under this article WILL NOT be counted) 2.You will be given 5 Tiger coins if you tag more than 3 friends in the comment areaMeanwhile, we will be listing the stocks men
CarsonGroup: Down Big in August & September Isn't a Bad Thing
When stocks are down more than 1% in Aug and Sept it hasn't always a bad thing. $S&P 500(.SPX)$$NASDAQ(.IXIC)$ In fact, Q4 has been higher 12 of the past 13 times, with some huge gains in October.ImageWhen the S&P 500 is up YTD between 10-20% at the end of September, the fourth quarter has been higher 84% of the time. Don't give up on a fourth quarter rally just yet.ImageWe keep hearing about the inverted yield curve, but what is ignored is the shape of the curve. Currently a bear steepener, which @NDR_Research says happens about 10% of the time. Stocks gain 9.5% annually under this scenario.Image
$Torque Metals Ltd(TOR.AU)$ TOR:ASX (Torque Metal) will be trade no less than 0.400 on early October. See the latest announcement for full details of Latest Details of company decision to accelerate mining progress upon recently acquired tenements and capital raising structures
We have seen how U.S. indexes have performed before and after FOMC meeting where Fed announced rate shall remain unchanged but one more rate hike this year. This has sent the market into RED as investors are concerned of higher and longer interest rates following Fed’s comments. S&P 500 On Friday (22 September 2023) U.S. stocks was having some early gains but it gave up in the afternoon session with S&P 500 falling 0.23% on Friday because of concerns about higher interest rates after Fed Chair hawkish comments. 22 September Biggest Gains With the final rules set by Biden administration for companies to receive federal funding from the CHIPS and Science Act, we can see semiconductor stocks like ON Semiconductor and $Broadcom(AVGO)$ advance
$MasterCard(MA)$ $NASDAQ(.IXIC)$ Mastercard (MA) is a global payments company that connects consumers, merchants, financial institutions, governments, and other organizations on a multi-rail payments network. Mastercard provides financial transaction processing services in more than 150 currencies and across more than 210 countries and territories. Mastercard’s revenues are derived from transaction processing, domestic assessments (referring to fees on the dollar volume activity of transactions), cross border volume fees and value-added offerings. Investment Overview 14% penetration rate in target addressable market of $115t. Mastercard sees a target addressable market
Today, I mainly want to talk about $Unity Software Inc.(U)$ Unity, because Unity is one of my most promising companies like$Alphabet(GOOG)$ $Microsoft(MSFT)$ and$Tesla Motors(TSLA)$ for a long time, and the company finally officially announced the change of the new charging model today. I am personally very satisfied with this change. It can be said that the management was stupid at the beginning, but in the end, the remedy was still in place, but it took a little longer. After this change, public opinion also began to turn aro
🌟🌟🌟The hottest AI Stocks have fallen in recent weeks. In fact some of the hottest AI Stocks have entered correction territory. That is when shares have fallen 10% from a recent peak. Could this be a short term blip? Or is it a reaction to higher for longer interest rates which could depress high growth tech stocks? Or could it be that investors are getting tired of the AI hype and concerned that this technology could take years to generate real profits if ever? The biggest gainer in AI this year is $NVIDIA Corp(NVDA)$ Its share price has dropped to USD 416.10 at the last closing from a high of USD 502.66. Is Nvidia's growth story over? On August 23, Nvidia reported outstandin
China Stirring Up Structural Reforms in a Wok of Uncertainty The proposed structural reforms suggested by Liu Shijin, a central bank adviser, could have both positive and negative implications for Chinese stocks. On the positive side, these reforms, which aim to encourage entrepreneurship and improve access to public services for migrant workers, may stimulate economic growth in the long run. If successfully implemented, they could contribute to a more balanced and sustainable economic expansion, potentially benefiting a wide range of industries and thereby positively impacting Chinese stocks. Additionally, the establishment of a new department to support private businesses is a sign that the Chinese government is taking steps to boost investor confidence. This move could be seen as a posi
A Rough Week. $Nasdaq100 Bear 3X ETF(SQQQ)$ Stocks fell for the fourth day in a row as investors failed to shake off this week's Federal Reserve meeting. The Dow Jones Industrial Average dropped 0.3%, or 1.9% on the week. The Dow has fallen in four of the past six weeks. At four days, the Dow is riding its longest losing streak since June 26. The S&P 500 hasn't fared much better. It fell 0.2% on the day and 2.9% on the week. The S&P 500 has dropped for three consecutive weeks. The Nasdaq Composite was down just 0.1% on the day but led the trio of indexes with a decline of 3.6% on the week. It was both the S&P 500 and Nasdaq Composite's worst week since March 10. It was a chaotic and uncertain week
A overhang traumatising $AMC Entertainment(AMC)$ shareholders was finally lifted after the theatre chain raised almost $326 million from its latest fund raising by issuing 40 million new shares. The stock dilution which had originally led to roller-coaster rides on the stock was finally welcomed by the boost in cash reserve much needed for its survival to avoid a liquidity crunch, which unresolved would have led AMC to file Chapter 11 for bankruptcy protection. Nevertheless, the company has still much work to strengthen its fundamentals after the onset of the pandemic damaged its business, as it struggled with vacant theatre halls. Expectation of higher interest rates for longer to rein in a sticky inflation wil
Tesla Stock Is Falling. China Is the Reason? Tesla stock is limping over the finish line this week. China is the most likely reason. $Tesla Motors(TSLA)$ Shares were down 3.2% in late trading Friday, while the $S&P 500(.SPX)$ was off 0.2% and the $NASDAQ(.IXIC)$ rose about 0.1%. From June through August, Tesla sold about 13,000 EVs a week to Chinese car buyers. September sales have dropped to about 9,000 a week, according to insurance registration data collected by Citi analyst Jeff Chung. Fewer retail deliveries in China will make it difficult for Tesla
With a lack of catalysts, cryptocurrencies have been trading range-bound lately. However, the lackluster performance has not deterred $Coinbase Global, Inc.(COIN)$ from acquiring FTX Europe as it pursues its business strategy in expanding its streams of revenue from derivatives trading in cryptocurrencies, to offset weakness in spot price trading. It does not help that the Fed has hinted at maintaining higher interest rates for longer period of time to rein in a sticky inflation that has threatened to push US economy into a stagflation as demands slow under pressure from higher borrowing costs. Cryptocurrencies have thrived at the onset of the pandemic with easy money flows, but have since plunged after a strin
GOOG - Long term chart still looks good! Like level of 103! - On weekly chart, 2022 bear flag retrace is still on target. Price action at Fib 78.6 which still points to likelihood of GOOG to go back to equal high at 152 Of course, noting the current bearish sentiment, where could GOOG pullback to? - Like the level of 126 as Fib support of recent bull flag and also confluence of 2 buy channels from Oct 2022 and Mar 2023 - Also like the support of 116 - But my strongest resolve will be to accumulate at 103! ==> Major volume profile level + Fib 61.8 pullback! Extreme bearish level is if S&P500 crash to 320 would see GOOG reach 74. My view is unlikely but never know, market likes to do what it likes to do. I'm going with 103 as my goto level with the highest risk/reward.
Apple defines the S&P500 and both are showing similar signs indeed; Possible up to test resistance and then fall to another low!
Recent key movements - MA5 crossed below MA20 on 3 Aug, tested lower BB and crossed above MA20 29 Aug, tested the upper BB. Back down below MA20 but not tested BB yet. - Bullish buys around Fib 38.2 level at 178 and also triangle support at 175 Possible Bearish movement (more likely) - Reading a buy push to MA20 (180) before rejecting down to the lower BB and MA20 at 165 (MA200 purple and also Fib level) - More likely movement in conjunction with S&P500 setup with possible bearish move below 430 Possible Bullish Movement (less likely) - Break MA20 (180) and then test triangle and break MA50 at about 184/185, rejecting at upper BB at 190 My plays - Still on manual strangles with sold puts 140 and 145 - If breaks above or testing MA20, might consider selling calls for upper stra
Can Microsoft Overtake Apple to Be The Most Valuable US Stock?
🌟🌟🌟$Microsoft(MSFT)$ Is narrowing the gap with $Apple(AAPL)$ In market capitalisation as investors see better growth and far less China exposure than Apple. Microsoft's leading position including cloud computing and AI makes it more attractive to some investors. Currently Apple's market capitalisation is USD 2.73 Trillion while Microsoft is 2.36 Trillion. The last time Microsoft was larger than Apple was in November 2021. While Apple shares have dropped this month, Microsoft has held steady, narrowing the gap between the 2 Tech Giants. Apple lost USD 200 billion in 2 days after reports that China plans to expand a
🌟🌟🌟The ongoing strike in the US by the United Auto Workers and the Detroit 3 - Ford, General Motors and Stellantis highlight the fact that the Auto industry is undergoing a radical change. The auto industry has been a powerful job generator for decades, forging huge cities with stable paychecks for millions of workers and their families. As EVs take over this will no longer be the case. Gas powered vehicles have as many as 2000 components in their powertrains while $Tesla Motors(TSLA)$ has said that its drivetrain has 17 moving parts, including just 2 in the motor. Electric vehicle powertrains need less employees to build because vehicle battery packs have relatively fewer components and are le
How to navigate a bearish trend rather than just worry; Watch MA5 and Lower Bollinger Band! Why MA5? - when MA5 has crossed below MA20, it is an indication of a bearish trend - and when the bearish price action has pushed beyond the lower bollinger band, there are usually some bounce to push it back to MA5 - that did not happen Thursday and Friday - so I am still expecting green action to move the price action above the bollinger band and to test MA5 - even if it breaks above MA5, it will still need to get above MA20 - so, watch how price action moves next few weeks - the candles are likely to move tightly with the MA5 hugging closely to the expanding lower bollinger band - and this will go on until you see MA5 tapers sideways and move closer to the sloping down MA20 My appro
Seizing Opportunity Amid Market Volatility: A Long-Term Investor’s Approach
The financial markets are no strangers to turbulence, and as seasoned investors know, market volatility can present unique opportunities. On September 22, 2023, I made a series of strategic investments in quality companies, convinced that it was an opportune moment for long-term investors to nibble their way into the market. In this article, we’ll delve into the strategy of dollar cost averaging (DCA), enhanced DCA, the specific stocks I purchased, and the compelling reasons to invest during market weakness. 1. The Power of Dollar Cost Averaging (DCA): Dollar Cost Averaging is a time-tested investment strategy that involves regularly buying a fixed dollar amount of a particular investment, regardless of its price. This approach minimizes the impact of market volatility, as you buy more sha
Stocks of electric vehicle makers are for the brave hearts, and their volatile swings make for trading opportunities. Despite their volatility, their long-term growth remains intact alongside growing global awareness of climate change and tightening of emissions controls, so that adoption of electric vehicles remains on the rise. I’m particularly optimistic over the Chinese EV market given its sheer size and incentives for EV adoption. Hence, by proxy I like the Chinese EV stocks $NIO Inc.(NIO)$ , $XPeng Inc.(XPEV)$ and $Li Auto(LI)$ as they invest heavily in
TSLA - Broke below key level and MA5 close to MA20 again! - Reference previous post on 260 rejection, 255 not holding, means bearish. - And that was what happened last week - With MA5 now close to MA20, a cross of MA5 below MA20 will mean a break of 240 and testing 232. - Once crossed, the lower bollinger band will tip back downwards and follow MA5 which does point to easy move to 219 and then 209 - For now, see good support at 209 (also upcoming MA200) - Key level is 209. Breaking below 209 will bring a whole new perspective to bearish for TSLA (with 190, 160, and below coming into the consideration). Let's hope it does not get there. Near term, 240 and 232 must hold. My puts are still holding well. Good luck all!
Today, I mainly want to talk about $Unity Software Inc.(U)$ Unity, because Unity is one of my most promising companies like$Alphabet(GOOG)$ $Microsoft(MSFT)$ and$Tesla Motors(TSLA)$ for a long time, and the company finally officially announced the change of the new charging model today. I am personally very satisfied with this change. It can be said that the management was stupid at the beginning, but in the end, the remedy was still in place, but it took a little longer. After this change, public opinion also began to turn aro
🚀Key events in the coming week, share your trading plans!
Hi, Tigers!Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!Click here to join the Topic & Win coins >>[Rewards]We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.(NOTE: Comments posted under this article WILL NOT be counted) 2.You will be given 5 Tiger coins if you tag more than 3 friends in the comment areaMeanwhile, we will be listing the stocks men
$MasterCard(MA)$ $NASDAQ(.IXIC)$ Mastercard (MA) is a global payments company that connects consumers, merchants, financial institutions, governments, and other organizations on a multi-rail payments network. Mastercard provides financial transaction processing services in more than 150 currencies and across more than 210 countries and territories. Mastercard’s revenues are derived from transaction processing, domestic assessments (referring to fees on the dollar volume activity of transactions), cross border volume fees and value-added offerings. Investment Overview 14% penetration rate in target addressable market of $115t. Mastercard sees a target addressable market
We have seen how U.S. indexes have performed before and after FOMC meeting where Fed announced rate shall remain unchanged but one more rate hike this year. This has sent the market into RED as investors are concerned of higher and longer interest rates following Fed’s comments. S&P 500 On Friday (22 September 2023) U.S. stocks was having some early gains but it gave up in the afternoon session with S&P 500 falling 0.23% on Friday because of concerns about higher interest rates after Fed Chair hawkish comments. 22 September Biggest Gains With the final rules set by Biden administration for companies to receive federal funding from the CHIPS and Science Act, we can see semiconductor stocks like ON Semiconductor and $Broadcom(AVGO)$ advance
🌟🌟🌟The hottest AI Stocks have fallen in recent weeks. In fact some of the hottest AI Stocks have entered correction territory. That is when shares have fallen 10% from a recent peak. Could this be a short term blip? Or is it a reaction to higher for longer interest rates which could depress high growth tech stocks? Or could it be that investors are getting tired of the AI hype and concerned that this technology could take years to generate real profits if ever? The biggest gainer in AI this year is $NVIDIA Corp(NVDA)$ Its share price has dropped to USD 416.10 at the last closing from a high of USD 502.66. Is Nvidia's growth story over? On August 23, Nvidia reported outstandin
CarsonGroup: Down Big in August & September Isn't a Bad Thing
When stocks are down more than 1% in Aug and Sept it hasn't always a bad thing. $S&P 500(.SPX)$$NASDAQ(.IXIC)$ In fact, Q4 has been higher 12 of the past 13 times, with some huge gains in October.ImageWhen the S&P 500 is up YTD between 10-20% at the end of September, the fourth quarter has been higher 84% of the time. Don't give up on a fourth quarter rally just yet.ImageWe keep hearing about the inverted yield curve, but what is ignored is the shape of the curve. Currently a bear steepener, which @NDR_Research says happens about 10% of the time. Stocks gain 9.5% annually under this scenario.Image
$Torque Metals Ltd(TOR.AU)$ TOR:ASX (Torque Metal) will be trade no less than 0.400 on early October. See the latest announcement for full details of Latest Details of company decision to accelerate mining progress upon recently acquired tenements and capital raising structures
China Stirring Up Structural Reforms in a Wok of Uncertainty The proposed structural reforms suggested by Liu Shijin, a central bank adviser, could have both positive and negative implications for Chinese stocks. On the positive side, these reforms, which aim to encourage entrepreneurship and improve access to public services for migrant workers, may stimulate economic growth in the long run. If successfully implemented, they could contribute to a more balanced and sustainable economic expansion, potentially benefiting a wide range of industries and thereby positively impacting Chinese stocks. Additionally, the establishment of a new department to support private businesses is a sign that the Chinese government is taking steps to boost investor confidence. This move could be seen as a posi
🌟🌟🌟The ongoing strike in the US by the United Auto Workers and the Detroit 3 - Ford, General Motors and Stellantis highlight the fact that the Auto industry is undergoing a radical change. The auto industry has been a powerful job generator for decades, forging huge cities with stable paychecks for millions of workers and their families. As EVs take over this will no longer be the case. Gas powered vehicles have as many as 2000 components in their powertrains while $Tesla Motors(TSLA)$ has said that its drivetrain has 17 moving parts, including just 2 in the motor. Electric vehicle powertrains need less employees to build because vehicle battery packs have relatively fewer components and are le
Can Microsoft Overtake Apple to Be The Most Valuable US Stock?
🌟🌟🌟$Microsoft(MSFT)$ Is narrowing the gap with $Apple(AAPL)$ In market capitalisation as investors see better growth and far less China exposure than Apple. Microsoft's leading position including cloud computing and AI makes it more attractive to some investors. Currently Apple's market capitalisation is USD 2.73 Trillion while Microsoft is 2.36 Trillion. The last time Microsoft was larger than Apple was in November 2021. While Apple shares have dropped this month, Microsoft has held steady, narrowing the gap between the 2 Tech Giants. Apple lost USD 200 billion in 2 days after reports that China plans to expand a
Tesla Stock Is Falling. China Is the Reason? Tesla stock is limping over the finish line this week. China is the most likely reason. $Tesla Motors(TSLA)$ Shares were down 3.2% in late trading Friday, while the $S&P 500(.SPX)$ was off 0.2% and the $NASDAQ(.IXIC)$ rose about 0.1%. From June through August, Tesla sold about 13,000 EVs a week to Chinese car buyers. September sales have dropped to about 9,000 a week, according to insurance registration data collected by Citi analyst Jeff Chung. Fewer retail deliveries in China will make it difficult for Tesla
A overhang traumatising $AMC Entertainment(AMC)$ shareholders was finally lifted after the theatre chain raised almost $326 million from its latest fund raising by issuing 40 million new shares. The stock dilution which had originally led to roller-coaster rides on the stock was finally welcomed by the boost in cash reserve much needed for its survival to avoid a liquidity crunch, which unresolved would have led AMC to file Chapter 11 for bankruptcy protection. Nevertheless, the company has still much work to strengthen its fundamentals after the onset of the pandemic damaged its business, as it struggled with vacant theatre halls. Expectation of higher interest rates for longer to rein in a sticky inflation wil
Apple defines the S&P500 and both are showing similar signs indeed; Possible up to test resistance and then fall to another low!
Recent key movements - MA5 crossed below MA20 on 3 Aug, tested lower BB and crossed above MA20 29 Aug, tested the upper BB. Back down below MA20 but not tested BB yet. - Bullish buys around Fib 38.2 level at 178 and also triangle support at 175 Possible Bearish movement (more likely) - Reading a buy push to MA20 (180) before rejecting down to the lower BB and MA20 at 165 (MA200 purple and also Fib level) - More likely movement in conjunction with S&P500 setup with possible bearish move below 430 Possible Bullish Movement (less likely) - Break MA20 (180) and then test triangle and break MA50 at about 184/185, rejecting at upper BB at 190 My plays - Still on manual strangles with sold puts 140 and 145 - If breaks above or testing MA20, might consider selling calls for upper stra
A Rough Week. $Nasdaq100 Bear 3X ETF(SQQQ)$ Stocks fell for the fourth day in a row as investors failed to shake off this week's Federal Reserve meeting. The Dow Jones Industrial Average dropped 0.3%, or 1.9% on the week. The Dow has fallen in four of the past six weeks. At four days, the Dow is riding its longest losing streak since June 26. The S&P 500 hasn't fared much better. It fell 0.2% on the day and 2.9% on the week. The S&P 500 has dropped for three consecutive weeks. The Nasdaq Composite was down just 0.1% on the day but led the trio of indexes with a decline of 3.6% on the week. It was both the S&P 500 and Nasdaq Composite's worst week since March 10. It was a chaotic and uncertain week
Stocks fell on Thu, 21 Sep 2023 as Treasury yields popped to multiyear highs and investors grew wary that lawmakers would be able to prevent the US government from shutting down. By the time market called it a day: (see above) DJIA: -1.08% (-370.46 to 34,070.42). Dow is on track to end this week down -1%. S&P 500: -1.64% (-72.20 to 4,330.00). Worst session for S&P since March 2023. On track to end the week down -2%. Nasdaq: -1.82% (-245.14 to 13,223.99). Most drastic fall of the 3 indexes. Tech index is poised to fall > -3%. 3 Composite Indexes - Moving Averages. Above is the Moving Averages for the 3 indexes on the 3rd straight day of losses. As expected, they are way below their respective 20day-ma, 50day-ma & 200day-ma. With the indexes below their 50day-ma, it m
Vanguard VWO ETF - A Great Way To Invest In Emerging Markets
🌟🌟🌟Emerging Markets have largely been ignored by investors and yet they have the greatest upside potential compared to Developed Markets. The International Monetary Fund or IMF has recently forecasted that Emerging Markets would enjoy 4.1% real GDP growth in 2024, much better than the 1.4% real GDP growth predicted for Developed Markets. Despite this upside, Emerging Markets are significantly cheaper than Developed Markets. The S&P500's average Price to Earnings (PE) ratio is 20.3 compared to 12.2 for $VANGUARD INTL EQUITY INDEX FUND INC FTSE EMERGING MARKETS ETF(VWO)$ The S&P500 Index is up 16.5% year todate while Nasdaq 100 is up 32%. Emerging Markets may stage a rally to catch up with the US markets. VWO ETF
Seizing Opportunity Amid Market Volatility: A Long-Term Investor’s Approach
The financial markets are no strangers to turbulence, and as seasoned investors know, market volatility can present unique opportunities. On September 22, 2023, I made a series of strategic investments in quality companies, convinced that it was an opportune moment for long-term investors to nibble their way into the market. In this article, we’ll delve into the strategy of dollar cost averaging (DCA), enhanced DCA, the specific stocks I purchased, and the compelling reasons to invest during market weakness. 1. The Power of Dollar Cost Averaging (DCA): Dollar Cost Averaging is a time-tested investment strategy that involves regularly buying a fixed dollar amount of a particular investment, regardless of its price. This approach minimizes the impact of market volatility, as you buy more sha
With a lack of catalysts, cryptocurrencies have been trading range-bound lately. However, the lackluster performance has not deterred $Coinbase Global, Inc.(COIN)$ from acquiring FTX Europe as it pursues its business strategy in expanding its streams of revenue from derivatives trading in cryptocurrencies, to offset weakness in spot price trading. It does not help that the Fed has hinted at maintaining higher interest rates for longer period of time to rein in a sticky inflation that has threatened to push US economy into a stagflation as demands slow under pressure from higher borrowing costs. Cryptocurrencies have thrived at the onset of the pandemic with easy money flows, but have since plunged after a strin
GOOG - Long term chart still looks good! Like level of 103! - On weekly chart, 2022 bear flag retrace is still on target. Price action at Fib 78.6 which still points to likelihood of GOOG to go back to equal high at 152 Of course, noting the current bearish sentiment, where could GOOG pullback to? - Like the level of 126 as Fib support of recent bull flag and also confluence of 2 buy channels from Oct 2022 and Mar 2023 - Also like the support of 116 - But my strongest resolve will be to accumulate at 103! ==> Major volume profile level + Fib 61.8 pullback! Extreme bearish level is if S&P500 crash to 320 would see GOOG reach 74. My view is unlikely but never know, market likes to do what it likes to do. I'm going with 103 as my goto level with the highest risk/reward.