Yaah.... where's the recession? They want to lower rate because of possible slowdown? Don't think so.. yet.



Anyway, playing a bit of NVDA (options).. this bad boy been punished enough.
Time for bounce play. wish my luck.

You know, I just don't get it why people willing to pay such a high valuation for TSLA for being a car company. If not for govt subsidies and tax breaks, TSLA would not have been making any sales. In US, if Trump takes over next year, it is going to be goodbye to electric car subsidies.

Both TM and F only has around 10-15 PE only. Imo, TM now seems to be better choice too being traditional car maker and that juicy yield.

Not peak but short term trading only. I'm out.. waiting at sidelines.

This thing is showing another shoe about to fall out. There's gap to 95 about to fill.


Powell could move the market tomorrow.
Let see what happens.

Discount could turn into fire sale real quick..

MSFT going to hurt the tech sector bad tomorrow.

This post has been edited by danmooncake: Jul 31 2024, 04:15 AM

Yeah, I agree.. all other MSFT business are doing well. Just a small 1% miss on Azure..(28.52bln vs 28.72bln expected).
OMG that's still earned BILLIONS!

This post has been edited by danmooncake: Jul 31 2024, 07:48 AM

Damn... that was last Friday. He probably file another paper to BUY back yesterday at 103.
Made another easy 1.2mln difference.

Probably so.. but too bad, it doesn't have 0DTE, only weekly.

But, the option prermiums for NVDA is very juicy. Probably, it is so volatile. Can move 10% a day.
Within a week, almost 20%-25% move in either direction.

This post has been edited by danmooncake: Jul 31 2024, 10:16 PM

There's a Godfather behind the scene.
Her husband (Paul Pelosi) is an avid stock picker. He's doing all the stock buying/selling on her behalf.

Both their combined net worth over 200mln..

So much moolah... not enough time to spend it all. I guess plenty to leave behind for their kids and descendants.

Everybody now exciting... 2 more months to go but they're pounding the table to BUY now.

Hopefully so but I am not sure yet.

Right now, the earnings boost is mostly from the development of infrastructure like the chipmakers: NVDA, AMD, BRCM, etc (or maybe even slow mo INTC). They're probably making money because of the demand from their customers.. ie. the data centers hosting facilities (AMZN, GOOG, MSFT, AAPL, ADBE).. but these 1st tier customers not really making much money (in terms of net profits) yet because they're actually spending more to build the software/hardware services.

The end users/customers may just see faster and modern work being processed.. but not necessarily want to spend more just because it is AI built or processed.

I think we're still in the early stage to see the any real earning boost for AI development. Market maybe over hyped about this.

Good luck!

They pulled us back in... then whacked us...

You know, this game is rigged..

I remembered Cisco, king of internet back in dot-com days... heck everything that has .com name, rallied like crazy.. even selling vaporware, like free money from wall street. Then, suddenly out of no where, whacked kau kau.

This post has been edited by danmooncake: Aug 3 2024, 06:42 AM

You know, odd thing is, wondering if they (Penang Govt) got enough power meh..
Everyday, TNB already stretch to limit, power outage all the time, now another foreign company coming in to demand more power.

Also, don't forget need a lot of water for cooling...

This post has been edited by danmooncake: Aug 3 2024, 02:56 AM

Holy moly..

Dang.. it was over 50 earlier, time to just close eyes and BUY for long term.
Don't look for couple of weeks..

Gap filled finally...

Difficult to say.. VIX so high today. Almost puke fest during early trading house. Schwab platform also crashed.

Let see if NVDA can hold above 90 by Friday.. otherwise, they will assign to me.

Everybody wants to hide money from the Tax man...

But, according to their accountants.. perfectly legal.

Nothing from the Schwab side ... they had a big outage during the market rout, also blame on 3rd party but didn't disclose exactly what really happened.

Btw, what does "abnormal" short selling mean from moomoo?

This post has been edited by danmooncake: Aug 8 2024, 05:04 AM