$Taiwan Semiconductor Manufacturing(TSM)$ TSM has a consistent record of under promising on their prior guidance and over delivery on earnings. Excellent sandbagging. Data center demand and new products from NVDA will keep TSM busy for the next few quarters. Let's go, TSM.
$Tesla Motors(TSLA)$ uncertainty of Elon musk dedication is removed due to the vote. Now focus is on delivery numbers and the robotaxi day of 8/8/2024. Huat huat day. Expecting also to see fsd subscription contributing ever so slightly to revenue and profit. Plus rate cuts is coming. More people can afford to buy Tesla cars more fsd. Things are looking brighter. Go Tesla go.
$Tesla Motors(TSLA)$ yes. Fsd su scription will slowly take over more and more of the revenue. This recurring revenue is almost pure profit for TSLA. Also it brings it closer to the 6billion miles data goal. Go go go TSLA
#Winning Trades Disclaimer: Here, I am just sharing what I may be doing. this is not an investment or trading advice. I am not responsible for your own trades and investments decisions. Most of us must have heard about VIX as the "fear indicator" for the S&P500 Index. The general understanding is the higher the VIX, the higher the fear. According to wikipedia (https://en.wikipedia.org/wiki/VIX), VIX is a volatility index derived from S&P 500 options for the 30 days following the measurement date,[5] with the price of each option representing the market's expectation of 30-day forward-looking volatility. The resulting VIX index formulation provides a measure of expected market volatility on which expectations of further stock market volatility in the near future mig
$VIXW 20240424 16.0 PUT$ managed to buy this vid when Vix spiked up above 16. What goes up needs to come down. I have either to hold till expiration, 12 days for Vix to go down further towards recent 13 support. This is cash settled at expiration. Or if it falls to around $13 before expiration, will just close it.
CNBC (https://www.cnbc.com/2024/04/09/stock-market-today-live-updates.html) "The consumer price index in March rose faster than economists had estimated, suggesting stubborn inflation and pushing back expectations for an interest rate cut by the Federal Reserve. The CPI rose 0.4% for the month and 3.5% year-over-year. Economists polled by Dow Jones had forecasted an increase of 0.3% month over month and 3.4% year on year. Core CPI, which excludes volatile food and energy prices, accelerated 0.4% from the previous month while rising 3.8% from a year ago, compared to estimates for 0.3% and 3.7%, respectively." Focusing on CORE CPI trend over a year, it is a steady downward trend. considering that 3.8% for Feb Core CPI and it is still a 3.8% for Mar, we may be taking a breather. The consensus
There seems to be a good support at the $800s. I sold a bull put spread at $810/805. Hope that expires OTM. Current rsi is one of the lowest in recent months. Estimate it would fall to below 35rsi if it really falls to below $800. Hope not.
Sadly, this may push up CPI. Hope the Gaza crisis will tuned down to a two party conflict. All the hard work in reducing inflation around the world do not get undone by oil prices spikes. Looking at #URA the uranium energy ETF. Waiting for it to fall. All the best everyone. May we have peace and prosperity for all.