As America celebrates Independence Day on 4th July, overall mood must be one of euphoria. This is because the US market closed “higher” on Mon, 03 Jul 2023 even if it was merely a 4 hours trading session. Incidentally, this was my prediction in my post dated 03 Jul - US Short Trading Week, Will Tesla Rally On? If interested, click on “blue title” to read. Give a “Like”, “Share” & “Re-post” after ok. Thanks! When US market closed at 1:00pm: DJIA: +0.03% (+10.87 to 34,418.47). S&P 500: +0.12% (+5.12 to 4,455.59). Nasdaq: +0.21% (+28.85 to 13,816.77). On a separate note, before diving into the topic’s subject, I wonder whether am I, the on
Has the long-awaited market correction finally begun? Yesterday, technology stocks generally experienced a decline, with prominent AI companies such as $NVIDIA Corp(NVDA)$ and $Microsoft(MSFT)$ dropping by 3%. $NVIDIA Corp(NVDA)$ closed at $374.75, $Microsoft(MSFT)$ closed at $323.38.If I hold tech stocks, how can I hedge against this? This article will introduce three options strategies to hedge against the potential market correction. 1. Buy putYou can purchase put options on Nvidia and Microsoft to provide downside protection. In the event of a pullback, the value of the put options would increase, offsetting some of
$Advanced Micro Devices(AMD)$ shares rose Wednesday after the chipmaker unveiled its latest semiconductor and data center products optimized for artificial intelligence. AMD stock has gotten a lift lately from investor interest in AI stocks.With the announcements, $Advanced Micro Devices(AMD)$ is hoping to steal some fire from market leader $NVIDIA Corp(NVDA)$ in the AI space.At a company event Tuesday, $Advanced Micro Devices(AMD)$ showed off its latest Epyc server processors and a new AI accelerator chip series. $Advanced Micro Devices(AMD)$ introduced fourth-generation Epyc centr
$Tiger Brokers(TIGR)$ China regulator asks Futu and UP Fintech to stop soliciting mainland clients SHANGHAI/HONG KONG (Reuters) -China's securities regulator said on Friday that online brokerages Futu Holding and UP Fintech Holding have conducted unlawful securities businesses, and will be banned from opening new accounts from mainland Chinese investors, sending their shares tumbling. The long-awaited official penalty comes more than a year after Chinese official media warned that New York-listed Futu and UP Fintech, which do not have licences in China, face regulatory risks. Reuters reported earlier that Chinese officials were planning to ban online brokerages such as Futu Holdings Ltd and UP Fintech Holding Ltd from offering offshore tradi
Earnings of growth stocks diverge greatly in this earnings season.$Snap Inc(SNAP)$ shares dropped as much as 20%; $Cloudflare, Inc.(NET)$ plunged as much as 25% in after-hours trading Thursday; $Lyft, Inc.(LYFT)$ dropped 17%; $Upstart Holdings, Inc.(UPST)$ surged 50% yesterday.The roller-coaster ride of growth stocks happens every day in this earnings season.How to profit from their divergence and wild ride?Straddle helps you profit from high volitilityStraddle refers to buying a combination of “call and put” with the same strike price and expiration date, with the strike price usually taken close to the current price (AT
Click to vote. Guess which stock is a big winner this week ? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.Earnings season continues next week, although the pace of releases has slowed. There are several electric vehicle stocks due to report during this period, including $Rivian Automotive, Inc.(RIVN)$ , $Lucid Group Inc(LCID)$, $Nikola Corporation(NKLA)$, $Li Auto(LI)$ and $Faraday Future Intelligent Electric Inc.(FFIE)$ . Electric vehicle stocks have had a difficult year over the past year. ALL EV stocks have declined over the past year and are