$DJIA(.DJI)$remember this is a bear market, up trend will be challenged in next week. I will see a drop in financial, tech, digital coin sections. Energy section will get support.
$NASDAQ(.IXIC)$The market really cheers up with FED comments regarding slow down pace of hiking rate and didn't see the big change of economy. From technical indicator, the index posed a strong short term up trend today. Tomorrow will face a move to break through last high. But from Marco economy indicator, still a huge pressure from inflation and CCI.I will pick the side of SHORT. and wait the opportunity to open short position or bear option spread.Watching $meta$, $Googl$ and $Coin$
20221102 Review and Prospect Today's speech by the chairman of the Federal Reserve has become the key to the market trend. Several key points: 1. The interest rate hike will continue, and the peak value may exceed expectations; 2. The pace of rate hikes may slow; 3. The U.S. economy is strong, and a strong dollar may challenge some countries; 4. Inflation remains severe, don't expect a return to the 2% target in the short term. The market responded with a rapid decline, which is a normal reaction. If pessimism spreads, it will end the rally, and the Nasdaq is likely to hit a new low. Therefore, it is a better choice to stay away from technology stocks in the near future. Pay attention to balance positions, continue our previous strategy, use options to short technology stocks such a
$Alphabet(GOOGL)$miss and $Microsoft(Msft)$ slow, both of 2 big tech disappointed the investors with worse earning reports. It will reflect to a tough market tomorrow. Consider other big tech like Amazon and Meta will release earning report, it probably stops this rally. For option trader, balance your combined holdings is important. I will have some short term put option of AMZN and Meta to balance my positions. Chasing put of msft and Google will really depends how the market is going. Welcome are discussion and questions
$NFLX 20220722 190.0 PUT$Netflix will disclose financial report post Tue. It's strange the stock soar before it. I don't believe the company have big improvement even it will cooperate with $MSFT. Open Put position today.
$Semiconductor Bull 3X Shares(SOXL)$Semiconductor section rally as $TSM$ reported double beat earning report. It's a good sign to remove market fear of earning drop. It's worth to buy now and expect more gain than other sections.
$NASDAQ(.IXIC)$ 20121104 Review and Prospect It has to be said that the market can't wait for any news that may delay the rate hike. Markets bounce back amid rising U.S. unemployment numbers. Even the market pulled back sharply, it is still a bearish line on the weekly line. The economy has actually deteriorated, but prices are still climbing. Oil prices have risen sharply today. The possibility of a soft landing for the economy is less likely, and a hard landing is more likely. Given that both technical and fundamental support the market decline, I personally think the Nasdaq will break out next week. Under the current situation, I will adjust the position to short, and try to avoid chasing the rebound next week. The dollar fell sharply toda
$NFLX 20220722 190.0 PUT$Like my last post said, I don't believe Netflix will disclose very good financial report. So I opened put position. This position got pretty good performance today. Unless Netflix down sharp tomorrow, I will keep the position. I'm going to share a series trading, and my strategy, my understanding to deal with the coming economy recession. If you like to know, follow me.
$NASDAQ(.IXIC)$post market cheers up by $msft$ positive fy2023 estimate. Despite Microsoft q4 double miss wall street estimate.The question is, the deal of Microsoft and Telstra will save the stock market? I don't think so.The early morning tomorrow more like a up jumping, but beware of afternoon pulling back. Especially after FED minutes.Caution, Caution, Caution
$NFLX 20220722 190.0 PUT$netflix reported a good enough result with less than expected subscription drop, and less than expected revenue blaming currency exchange rate. I didn't see it positive but the market cheers with more than 7% post market up. It's tough for my position since going opposite. I still want to see Netflix price drop back, and I have a choice of changing the position to long August put, or Short August call. Which one is better?
$Amazon.com(AMZN)$Amazon give the market a down sign by its disappointed earning reports. As I mentioned, $meta$ and amzn will be big risk for the market. So is it.
$NASDAQ(.IXIC)$The stock market rally today, and also give a rally sign on weekly chart. So we will expect the market get more chance to continue this rally. The investors are confident to chase this rally because the company earnings not bad, and the price is much cheaper than the beginning of this year. Please remember the bear market is not done yet since there's no clue when the inflation will be controlled. However, it's an opportunity for short term investors to get money from this rally. As I mentioned, $Tesla(.tsla)$ is worth to buy, also semiconductor section will be stronger than other sections (but not hold too long). Another area we can focus on is China section, because the 20th meeting
$NASDAQ(.IXIC)$the market kept the rally from last week today even a fear from China investment environment concern. Today end above 30 days average, and the resistance from above is around 11150. I will stand with short term bull, and expect the rally keep going. I will see some stocks outperform the market tomorrow including $tsla$, $coin$, $luckin$
$NASDAQ(.IXIC)$Friday the market fall back leading by social media section. There's some uncertain factors on next Monday because some big names will disclose financial report:#msft #goog #v #koI will see their performance mix. More opportunity to drag the market down.Microsoft and Google will face tough future;Visa has nothing to cheer, even worse;Coca-Cola will stay flat.
$NASDAQ(.IXIC)$the market end higher. three major index all stand above the resistance point, and show strong short term up trend. I expect the rally continue, but pay attention to the big names who release earning report tomorrow and the day after tomorrow. $amzn$, $meta$ will be big risks for the market, also the economy data be released this Friday will challenge this rally. For the strategy of option, I will avoid short put and short call due to the risk from potential Volatility. Semiconductor section is important for the whole market trend. Pay more attention on it as an early sign for the market trend. Discussion and questions will be welcome.
$Netflix(NFLX)$ what do you think it's improved from last summer for Netflix share price changed from 167 to 369? Nothing better from contents, nothing better from service, nothing better from competition environment. I can say the price is overvalued, it's better to delist it from your portfolio.
It's too dangerous if you think the earning capacity of companies keep strong as before.If you consider after inflation earning, the companies dropping a lot.Wall street is telling lies and driving investors into fake confidence, so do not chasing high. You will see a sharp turning back very soon.
$NASDAQ(.IXIC)$the market tried to get rid of influence from $msft$ and $googl$, but failed. The index closed under weekly ma10, and its a week sign if there's no big turn tomorrow. $meta$ and $amzn$ put options protected my positions, Also changed soxl to soxs for potential turning down due to bad earning reports and economy data. Need to be caution at this point, and pay more attention to semiconductor section as sign to confirm if the rally is over or not. Discussion and questions are welcome. It's important to build your own understanding of the market.