Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. Market wrap up for this week. Strap in because next week will be even more interesting than this one. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
Valuations stretched, Broad tech sell off, FOMC meeting on the horizon. Strap on!
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. To all the zealous bulls out there, be careful. The stock market is like a rubber band, if you stretch it too much, it bound to break at some point. And now I do think its really overstretched, however bearish momentum seems to come only in flashes. So lets see how is it next week. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. Told you so: The ceasefire is collapsing, and inflation is still climbing | FSM Global https://secure.fundsupermart.com/fsmone/article/rcms380040 I will challenge this topic of inflation cools with an article from FSMone that says otherwise. Coupled with a jump in most prices of bonds today, which usually indicates inflation pressure. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. New trades opened today. Closed trades today. Decided to cut loss on BE and AXTI, but secured profit on SNOW. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. $Alphabet(GOOGL)$ GOOGL got absolutely hammered pre-market even though they beat market expectations on earnings, increasing their capex spend on AI-related technology. However, investors are not confident that GOOGL can cope with these goals and decide to sell off. So the bottom line is a clear earnings beat does not always reflect in the stock movement. There are many layers of consideration in place, this is the exact reason why I do not trade earnings. With that said. I still believe in the business model and market cap that GOOGL has, it will be just a short term tai
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. $Altria(MO)$ Sold a Call spread on MO today as I am in line with the sentiment of the analyst. With the world moving to a smoke free environment, The business moat is definitely strinking. Lets see if we are right on this. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. When Analyst think that KO is overvalued, you know that there is something amiss in this market. Maybe they just had a boost d/t being the official beverage sponsor for the World Cup. However, I think this "feel good" feeling is coming to an end. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. Huge influx in insider selling, coupled with still massively inflated valuations? Sounds like the bubble is really breaking this time round, and you better strap in for this rollercoaster ride. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. $Advanced Micro Devices(AMD)$$ARM Holdings(ARM)$$KLA-Tencor(KLAC)$$Lam Research(LRCX)$ Still believe there is much upside for Tech/Chip stocks? I would air a moment of caution if you already miss the previous bullish run and thinking of entering now. U might be catching a falling knife. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing tradin
US AI still dominating? Or it is challenged by China now?
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions. Is US still the dominant player in the AI marketplace? Or is it under pressure now from China as they announced a pending IPO for their new improved AI platform, and it will be made free to share. Let’s see how this constant battle for marketshare will fare. @PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[Applaud]