$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ I continue to build my SOXL position through a DCA (Dollar-Cost Averaging) approach because it keeps my decision-making disciplined in an otherwise emotional market. Semiconductor stocks are notoriously volatile, and trying to time perfect entries often leads to hesitation or regret. By investing at regular intervals, I remove short-term noise from the equation and allow time—rather than prediction—to work in my favor. Another key reason is my long-term conviction in the semiconductor cycle itself. AI, cloud computing, autonomous systems, and data-center expansion are not short-lived trends; they are structural drivers that will likely play out over many years. While SOXL amplifies both ups

Simply amazing earnings result by $NVIDIA Corp(NVDA)$   again!  Nvidia The whole world's hopes, Nvidia has once again showed its power. NVIDIA announced its FY2024Q1 (February-April) results after the U.S. stock market closed last night, and its revenue and profits continued to grow! 📈🤩 🔹Turnover 26.04B - 6 consecutive quarters of QoQ growth 🔹Profit 14.88B - 7 consecutive quarters of QoQ growth 🔸GPM 78.4% - a new high 🔸Net Margin 57.1% - a new high Nvidia Income Statement in detail In the premarket after its earnings, it soared to historically high prices. In addition, it announced a 10-for-1 stock split, a 150% increase in dividends, an annual revenue increase of 262%, and an annual earnings per share incre

Bitcoin plummeted!  Bitcoin 4h chart As we can see, Bitcoin unables to hold the support at 59000 and the price collapsed today. What a start for the first trading day of May. It seems that everyone is going to have a hard time this May. Sell in May and go away is proven again? Currently, it feels like the market is not optimistic about the outcome of tonight's Federal Reserve interest rate meeting. Maybe the chairman will say there is a possibility of further interest rate hikes, which will be very unfavourable to the market and US indexes $Nasdaq100 Bull 3X ETF(TQQQ)$  $SPDR S&P 500 ETF Trust(SPY)$  

EV demand is probably undergoing a J-Curve effect currently. Surging demand for clean, cheap EVs across the rest of this decade will completely change the global auto industry. By 2035, IEA projects 50% of all cars sold globally will be EVs, cutting oil demand between 6-10 million barrels per day, equivalent to the current amount used for road transportation in the U.S. The price differential between EVs and internal combustion engines running on fossil fuels has narrowed so fast that upfront sales prices are barely different. With cheap electricity displacing expensive oil costs, drivers can save big by driving electric. Let's look into a few leaders in EV industry today. TESLA  Tesla is preparing to register its 'Full Self-Driving' software with authorities in China in the run up to

So far in 2024, Tesla $Tesla Motors(TSLA)$  stock has retreated about 30%, but has recently reclaimed its 10-week line and 50-day moving average.  Musk and Tesla have been stepping up rhetoric about full self-driving and AI in recent weeks. That messaging was on full display during the company's first-quarter earnings call. Tesla and Elon Musk Outlook In a bid to revive his company's fortunes in China, Tesla chief executive officer Elon Musk made a surprise visit to Beijing in late April, receiving in-principle approval from government officials to deploy its driver-assistance system in the country. Rolling out the technology in China would dramatically increase its subscription revenues, as well as helping it differentiate its cars

Tariffs hike for Chinese EVs!  The European Union has hiked tariffs on electric cars imported from China, drawing a rebuke from Beijing, which sees the bloc as a vital and growing market for its auto industry. Additional tariffs of between 17.4% and 38.1% will be applied on top of the existing EU duty of 10%, according to a statement from the European Commission. That takes the highest overall rate to close to 50%. NIO Among popular Hong Kong stocks, shares of Chinese EV maker Nio have plunged 53% so far this year. Concerns about the company's profitability and intense competition in the Chinese EV market are impacting investor sentiment. Moreover, macro pressures are also weighing on Nio stock. These headwinds could continue to drag down Nio shares in the near term. NIO share price W

The production value of Taiwan's semiconductor sector is expected to hit a new high in 2024, up more than 17 percent from a year earlier, due to global demand driven up by artificial intelligence development. AI development extending to end user devices from cloud-based services, international brands' efforts to unveil gadgets, such as AI PCs and AI phones, are expected to boost demand for semiconductors. NVIDIA Nvidia's market cap had risen threefold to more than 1.2 trillion USD since the start of 2023, to notch the biggest short-term valuation jump in the history of capital markets, a rampage that drove its P/E multiple, based on the past four quarters of GAAP earnings, to well over 100. Nvidia's valuation is ridiculous. It's facing the same curse as Tesla. But when Tesla got profitable

As climate change continues to accelerate and its devastating impacts increase, we must act now to reduce our carbon emissions. Since the transport sector contributes to global emissions, transitioning to electric vehicles (EVs) may significantly aid countries in achieving their net-zero goals. While much attention is given to the consumer market, the role of commercial vehicles, and specifically large-scale fleets, is crucial.  The electric vehicle revolution is gaining momentum thanks to various factors such as cost reduction, technological advancements and government support.  TESLA  Over the past 18 months, Tesla has missed its sales goals and seen its share price fall, as Chief Executive Officer Elon Musk makes dramatic decisions about the company's future. Musk cut the

* Wall Street welcomes signs of cooling of inflation, but remains elevated, Fed remains vigilant 🇺🇸 S&P 500: 1.19% 📈 🇺🇸 Nasdaq: 1.42% 📈 🇪🇺 Stoxx 600: 0.61% 📈 🇯🇵 Nikkei 225 Index: 0.08% 📈 🇭🇰 Hang Seng Index: Market closed 🇨🇳 CSI 300 Index: -0.77% 📉 * U.S. stocks cheered, with the S&P 500 and Nasdaq Composite rising 1.2% and 1.4%, respectively, as inflation data rose less than expected, calming sentiment and boosting hopes of a rate cut from the Federal Reserve. * The U.S. CPI rose less than expected in April, up 0.3% month-on-month and 3.4% year-on-year. The growth rate was lower than expected. This is a positive development for cooling down after three consecutive months of higher-than-expected data. This also fueled market expectations for the Federal Reserve this year. A bet on e

A long awaited happy week for EV investors last week. Generally, most of the EV companies had positive gain on their share prices over the week. The biggest winner belongs to Tesla.  TESLA  Last week, Elon Musk's quick visit to China was rewarded immediately. Tesla received in-principle approval from Chinese government to deploy its driver-assistance system (FSD) in the world's biggest auto market. Tesla will partner with tech giant Baidu on maps and navigation, to assist its FSD development in China. This agreement might be a potential revenue boost for Tesla. Besides, more and more automakers signed up to access Tesla's electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company's superchargers closer to becoming the industry standard.&nb