yesterday after the market closed, MSFT reported its financial performance. while overall revenue and earnings beat estimates, azure cloud computing revenues merely met estimates, leading to a 5% drop in after-hours trading, (my guess, it was mostly selling by weak hands, retail traders) it'd appear that this morning, traders realized that MSFT had also gave an upbeat guidance, trading opened ~ 5% higher sold a bullish PUT spread, 310/300 Mar expiration, collecting $4.9 premium in advance, defining my max risk to be $5.1 i m betting that MSFT will be trading above 310 by Mar expiration; should that happen, i get to keep all the premiums collected
Am I safe to go into a NASDAQ ETF tomorrow? Or should I keep my hands over my eyes for the time being? I have a large chunk of cash in my IRA that I am chomping at the bit with.
So it's going to stay in there quite a long time but I would still like to time it. Sorry being selfish
sold more bullish PUT spreads yesterday, it was reported that Square Capital Management purchased 3.1 million shares of Netflix sold Mar 380/390 bullish PUT spread, collecting a premium of $4.9 which defines my max risk to be $5.1 CRWD has dipped ~ 45% from its Nov high;sold Apr 160/170 bullish PUT spread, collecting a premium of $5.4 which defines my max risk of $4.6
https://finance.yahoo.com/news/jeremy-grantham-even-scarier-prediction-130000203.html The “Goldilocks” period of the past 25 years is ending, and the world needs to prepare for a future of inflation, slower growth and labor shortages, the renowned value investor said in a Bloomberg “Front Row” interview. “There’s only a certain amount of cheap oil, cheap nickel, cheap copper, and we are beginning to hit some of those boundaries,” said Grantham, co-founder of Boston asset manager GMO. “Climate change is coming with heavy floods, serious droughts and higher temperatures -- none of these make farming easier. So, we’re going to live in a world of bottlenecks and shortages and price spikes everywhere.” Grantham, 83, insists that’s all inevitable because, along with the scarcity of raw materials, baby boomers are retiring, birth rates are declining, emerging markets are maturing and geopolitical tensions are flaring -- all trends decades in the making and almost unstoppable.
I've been playing UVXY like it's a slot machine. Buy, sell, buy, sell. Snipe. Winning so far. Could lose BAD any moment now. But what a RUSH.
Bought some AMD at 101.38 today. It was down 40% peak to trough and RSI got down to 23 today. Trading at 26x 2023 earnings, merger uncertainty is over, earnings are on Tuesday and they should tell a good story. Most importantly Lisa Su is a top echelon CEO.
