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101688591 Male ID: 101688591
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    Hello everyone and welcome back to moomoo. I'm options explorer. In today's [Options ABC], we're diving into the concept of Triple-Witching Day.
    There’s a myth surrounding Triple Witching Days - that they bring a 'curse' of plunging stock prices.
    But does data support this notion? And how does it affect options trading?
    Let's explore together today whether there's any reality to this belief and how it cou...
    [Options ABC] Triple Witching Day: The Essential Survival Guide for Today's Options Trading
    [Options ABC] Triple Witching Day: The Essential Survival Guide for Today's Options Trading
    [Options ABC] Triple Witching Day: The Essential Survival Guide for Today's Options Trading
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    101688591 reacted to
    Lately, there's been a surge in folks on moomoo diving into options trading. But for those just stepping into the game, understanding what options are and how they work might still be a bit murky.
    Funny enough, I've been in the thick of it lately, battling scalpers for concert tickets. And in the midst of those trades, it hit me: with demand outstripping supply, it's more akin to futures or even options trading than just a simple concert ticket purcha...
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    Hello mooers:
    An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
    We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
    Overbought& Oversold definition
    A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
    According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
    Performance Tracking of Previous Column (10/08)
    There are 4 out of 10 selected stocks that followed the suggested movement provided by the RSI indicator.
    Apparently, there is no negative indicator that can predict the price drop of Tesla. The share price of the company rose to a new high in expectation of the company posting surprising earnings.
    Two stocks have rebounded over 5% among the oversold list: REGN and CCI.
    OverBought
    $Tesla(TSLA.US)$
    $Brown & Brown(BRO.US)$
    $Northrop Grumman(NOC.US)$
    $SVB Financial(SIVB.US)$
    $C.H. Robinson Worldwide(CHRW.US)$
    $Biogen(BIIB.US)$
    $Monster Beverage(MNST.US)$
    $IBM Corp(IBM.US)$
    $Align Technology(ALGN.US)$
    $Crown Castle(CCI.US)$
    We collect stocks from S&P 500 as it contains most of valuable companies.
    Want to screen the market by yourself? Read:How to use a stock screener
    Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators
    10 stocks to watch for an impending rebound or pullback (Week of 10/25)
    10 stocks to watch for an impending rebound or pullback (Week of 10/25)
    10 stocks to watch for an impending rebound or pullback (Week of 10/25)
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    101688591 commented on
    By Danilo
    Hey, moomooers! Here are things you need to know before the opening bell:
    -Stock futures were little changed in early morning trading on Friday after two straight days of gains pushed major averages into positive territory for the week.
    -U.S. share benchmarks rose sharply as investors are digesting the Federal Reserve's decision to tee up a reversal of its stimulus measures.
    Market Snapshot
    Stock futures were little changed in early morning trading on Friday after two straight days of gains pushed major averages into positive territory for the week.
    Futures on the $Dow Jones Industrial Average(.DJI.US)$ were down 72 points. $S&P 500 Index(.SPX.US)$ futures and $NASDAQ 100 Index(.NDX.US)$ futures both traded in mildly negative territory.
    Top News
    Dow up more than 500 points as stock markets turn positive for the week
    U.S. share benchmarks rose sharply as investors are digesting the Federal Reserve's decision to tee up a reversal of its stimulus measures.
    Nike's revenue pinched by supply-chain disruptions
    $Nike(NKE.US)$ reported a 16% rise in quarterly revenue but said production problems in Asia and trans-Pacific shipping delays are constraining sales.
    Democratic leaders scramble to find areas of agreement on $3.5 trillion spending bill
    Disagreements between the party's centrist and liberal factions on healthcare and climate-change bill could delay a separate $1 trillion infrastructure package.
    Costco sales rose 17% in latest quarter
    $Costco(COST.US)$'s profit totaled $1.67 billion as consumer spending increased in the U.S.
    Merger mania is only part of the solution for asset managers
    Getting bigger is a way for managers to cope with fee pressure, but mergers can be tough and product also matters a lot.
    Fintech lender Affirm leans on investors to fund rapid growth
    Fintech lender $Affirm Holdings(AFRM.US)$ is relying more on financing from investors instead of lenders to fund its growth as its "buy now, pay later" installment plans are becoming more popular.
    America's cash might stay on the sidelines
    Households are sitting on a lot of savings, and it isn't clear when they will feel comfortable spending it.
    Disney isn't investigating handling of misconduct claims, after ABC News boss urged inquiry
    ABC News President Kim Godwin had called for an external probe of the matter last month, but a top staffer said $Disney(DIS.US)$ executive Peter Rice won't pursue one.
    Read More
    Who is the 'King of Retail'?
    Top investment banks have diverged views over the market. Here's what they say
    ARK Updates | ARK loads up $55m in Twitter as it enables tipping with Bitcoin
    White House seeks to address semiconductor chips crisis harming automakers
    Key Events This Week
    Source: CNBC, Dow Jones Newswires, Bloomberg
    Morning Briefing: Fintech lender Affirm leans on investors to fund rapid growth
    Morning Briefing: Fintech lender Affirm leans on investors to fund rapid growth
    Morning Briefing: Fintech lender Affirm leans on investors to fund rapid growth
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    $Disney(DIS.US)$Walt Disney Company has a market capitalization of 320 billion and   $Alibaba(BABA.US)$  has a market capitalization of 390 billion. Which company do you think is undervalued?
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    101688591 liked and commented on
    What is a trading note and why do you need one?
    A bodybuilder tracks his diet and weight, a scientist tracks his findings and results, and a student tracks his test scores. It's the same idea for trader to take notes to track trading activity. Good trading notes will help you identify your strength and weakness. There's no such person as a perfect trader, but you can always minimize your weakness and find your edge in the market. 
    You may find a template like this:
    What?!! This looks so complicated! Is there any way to make it more straightforward and clearer? Of course there is!Moomoo's notes feature is the answer to your questions. Forget trying to interpret hundreds of spreadsheets of stock trading data. Replace those spreadsheets with our easy-to-use reports to understand your trading behavior quickly.
    (Note: Quote color is set as "Red Up/ Green Down")
    Moomoo's trading notes allow you to record the details of your current position target and the profit and loss; it can also count how many stocks you have traded within a certain period and in what frequency. The review is much clearer, more handy.
    How to create your trading notes?
    Now that we got order, transaction, and position details, how can we write a good trading review? How to write notes for different scenarios? Here we list 3 scenarios that you might come across for your reference. You may also adjust them to meet your needs.
    Scenario 1: How to write a recap for 2021 Q3?
    What you need: Transaction Stats & Transaction / Order
    Description:
    For Q3 review, you may want to review what stocks you've been trading, if the price is reasonable, and see if you profit or lose. "Transaction Stats" is a good feature to illustrate all these. Remember when we came across circuit breaker three times last year? You may use "Transaction" to review single order in that specific market trend so that you would know whether you were succeeded in cashing out at the peak or buying the dip.
    (stinger at the end of the post!)
    e.g.
    Scenario 2: I don't wanna get a margin call, so I want to know whether my positions are proper and which stock might be too heavy.
    What you need: Position Details & Transaction / Order
    Description:
    For example, if you are holding 2  technology stocks and 3 healthcare stocks, you can add "Position Details" to see whether your total position is within the expected margin. Then you calculate the proportion of each stock and check the respective P/L. If you hold large positions for a specific stock, you may review the reason behind it with "Transaction / Order". Finally, you would understand whether your position is reasonable and how to adjust it if not.
    e.g.
    Scenario 3: I am holding 6 stocks and wondering which one is losing money and which one is profitable.
    What you need: Position Stats & Transaction / Order
    Description:
    Are you ready to review all your stock's performance? With "Position Stats", you will understand your stocks better.
    e.g.
    How to write notes on Moomoo?
    Be it in the "Quotes" or "Moo" tab, you will be able to see a "pencil" icon. Tap it and you will be able to take notes. Then you select modules that you want to add in, and you are good to go.
    Who said that trading notes have to be boring?
    Apart from the technical factors that you want to include in your trading notes, let's have something fun and cute like a moo icon and inspiring line!
    Q3 trading performance review activity
    Now moomoo has launched a topic activity called #Review Q3 Trading Performance (Click to join). A thorough review will reveal what your common mistakes are, which you can improve through practice; And what you are very good at, which you may take advantage of more.
    Good reward will be given, and you are encouraged to use moomoo's "notes" feature to join the acticity!
    Bottom line
    We welcome any feedback from you. Please leave a comment below if you would like to help us to improve our service. Looking forward to your feedback!
    Write Trading Notes, Find Your Edge
    Write Trading Notes, Find Your Edge
    Write Trading Notes, Find Your Edge
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