To The Moon

Week In Review. According to legend, Robert the Bruce, King of Scotland, was supposed to have told his troops this shortly before walloping the English at Bannockburn in 1314 — "If at first you don't succeed try, try and try again". That was exactly what Dow Jones (or its mastermind) did on Fri, 17 May 2024; when it failed on Thursday. The Dow finally cracked the 4,000 level and stayed there until market closed. (see below) Market Weekly Summary. DJIA: +1.04% (+412.31 TO 40,003.59). First time in history achievement and it’s the Dow 5th straight weekly gain, with an intraday high of 40,051.05. S&P 500: +1.34% (+70.19 to 5,303.27). Index achieved its longest winning streak since February 2024. Nasdaq: +1.74% (+285.66 to 16,685.97). Tech index’s longest winning streak since February as

WisdomTree's DXJ Poised for Best Flow Year Since 2015The prosperity in Japan's stock market is fueling a resurgence in a yen-hedged ETF, which has surged by 50% over the past year. WisdomTree's DXJ is expected to have its best year of inflows since 2015. The fund tracks Japanese stocks while providing protection against a weak yen.The $WisdomTree Japan Hedged Equity Fund(DXJ)$ (DXJ) hit an all-time high on May 6, having climbed roughly 50% over the past 12 months, thanks to rallies in its holdings, including $Toyota(TM)$ Motor Corporation and $Mitsubishi UFJ(MTU)$ Financial Group.DXJ's Top 15 Holdings AllocationData Source: VettaFiThe fund invests in Japanese stocks

Investors turned more cautious on rate cut expectations, leaving indexes roughly flat as bets on Fed easing unwound, driving a pullback in risk assets. Meanwhile, the meme stock frenzy saw another twist, with GameStop and AMC Entertainment giving back some of their recent gains.Friday, May 17th marked the monthly options expiration. SPY and QQQ saw heavy volume focused on settling this week's expiring contracts. For small-caps, bullish flows continued in the Russell 2000, with expectations capping upside below 12.9% by year-end.Details:The S&P 500 ETF (SPY) saw open call interest rise 0.8% over the past 5 days. Open put contracts increased 0.4% over the same period.For call options, the most actively traded was the $SPY 202405

Personal Milestone: 20240516 marks a memorable day for me as I placed my first-ever options trade. With a bullish outlook on $Micron Technology(MU)$ and $NVIDIA Corp(NVDA)$ , I ventured into the options market. Trade Details:Trade Execution: After market opened at 9:30 ET on the 16th, I purchased MU options contracts set to expire on 24th June, with a strike price of $140, labeled "MU 20240624 140.CaLL."Purchased 2 $NVIDIA Corp(NVDA)$ call contracts set to expire on 24th june, with a strike price of $960, Contract cost $40.9625Confidence Level: I had a strong conviction about the short-term target price, which was a key factor in my decision to trade.Transaction Su

I. Personal Insights Summary: 1. Alibaba's recent performance has been lackluster, particularly with its core retail segment, led by Taobao, showing weak performance. Despite continuous growth in international business, other segments have not demonstrated significant growth. 2. Alibaba Cloud, as the most prominent non-retail segment, performed reasonably well this quarter, significantly improving profitability despite modest revenue growth. 3. Alibaba's stock has been weak over the past two years, closely tied to its overall underwhelming performance. Even amid the recent rebound in Chinese stocks, Alibaba has lagged behind the market. Overall, I don't consider Alibaba a compelling investment at present. II. Financial Analysis: Revenue Growth Rebounds, Profitability Weakens Overall In ter

The U.S. stock market indexes $S&P 500(.SPX)$ and $DJIA(.DJI)$ surged to new all-time highs, as investors and traders capitalized on numerous breakouts across various sectors.In late March, the S&P soared to new heights, only to retract shortly after.Notable stocks like $Netflix(NFLX)$ took a dip of over 9% post-April 18 earnings, while $Meta Platforms, Inc.(META)$ saw a hefty 10% drop after its April 24 earnings report. Yet, these dips were like speed bumps on the road; they bounced back swiftly. Looking at it this way, significant drops might also present good buying opportunities.Why do some companies quickly

In US stock pre-market yesterday, $JD.com(JD)$ released their first-quarter earnings report, greatly exceeding market expectations, but the stock price reaction was flat.Revenue and ProfitsSpecifically, JD.com revenue was RMB260 billion in Q1, a 7% year-on-year increase. That's a significant acceleration compared to the previous two quarters, and it even exceeded analysts' predictions of RMB258.3 billion.But if the revenue is just a slight over-performance, their profits are stellar! Operating profit hit RMB7.7 billion, a whopping 19.8% increase year-on-year. Adjusted net income was RMB8.9 billion, far surpassing the 7.4 billion analysts expected.So how did they pull it off? It's all about the industry's cost-cutting and efficiency-boosting efforts.