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Drdrdoky Male ID: 71781248
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    Hello everyone and welcome back to moomoo. I'm options explorer.
    In the upcoming weeks, we are going to see a flurry of earnings reports in the U.S. stock market, including notable appearances from companies like $Coca-Cola(KO.US)$ $Apple(AAPL.US)$,and $Amazon(AMZN.US)$.
    After a company's earnings report, stock prices often experience high volatility.
    For options traders, volatility often presents opportunities; hig...
    [Options ABC] Three useful option strategies to consider during earnings season
    [Options ABC] Three useful option strategies to consider during earnings season
    [Options ABC] Three useful option strategies to consider during earnings season
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    $Banks(BK9025.MY)$ Malaysia banking index jsut break higher high yesterday, signaled a potential further uptrend! The index move ahead of earning release, should I expect Malaysia banks to deliver outstanding results for last quarter?
    $Banks(BK9025.MY)$ Daily Chart
    The index was in a sideway to lower trend and marked its bottom in Jun 2023, followed by a strong rebound, all the way to more than 20% gains recently from its bottom. I would said 20% ...
    Naked Chart Trading: Malaysia Banking 24 Apr 2024
    In the video, I explained why $TENCENT(00700.HK)$ is heading up.
    It can be seen clearly from charts.
    If you haven’t watch the video, watch it now.
    Now, the price is at a resistance of 332.
    If you had bought in around 305, that would be a nice 13% profit in a short period.
    If the price breaks above 332, I will update it in another post.
    Follow me for fresh updates!
    For the first three months of 2024, the consumer price index was 3.6%, slowing from the 4.1% annual pace in the December quarter as released by the ABS this morning. However, this is slightly higher than economists had tipped, indicating CPI would drop to 3.5%.
    The March quarterly inflation rate was 1%, compared with the 0.6% pace in the December quarter, which was around 0.2 more than anticipated.
    New inflation figures dim hopes of rate cuts
    Investors in search of a steady income frequently opt for dividend-centric ETFs in Canada. These funds are conprised of dividend-yielding stocks, presenting an affordable approach for individuals to attain passive income. Specifically, Canadian dividend ETFs emphasize high-yield stocks, predominantly from well-established companies that prefer to allocate profits to investors rather than reinvest them.
    What are the best dividend ETFs in Canada?
    Why are E...
    Dig out the best dividend ETFs in Canada
    Well, today sharing gonna be longer than usual. I want to identify the relationship between geopolitical tension, international crude oil prices and Malaysia oil & gas stocks: Are they correlated?
    I will analyse from $Crude Oil Futures(JUN4)(CLmain.US)$ WTI chart, zoom into Malaysia oil & gas sector $Oil & Gas(BK9052.MY)$ , then further into individual oil & gas stock like $YINSON(7293.MY)$
    Background
    Heightened geopolitical tension between Is...
    Naked Chart Trading: Crude Oil & MY O&G 15 Apr 2024
    Naked Chart Trading: Crude Oil & MY O&G 15 Apr 2024
    Naked Chart Trading: Crude Oil & MY O&G 15 Apr 2024
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    Drdrdoky liked and commented on
    A report that Warburg Pincus has significantly cut the valuation of $Alibaba(BABA.US)$ affiliate Ant Group had little residual impact on the Chinese Internet retailing giant as trading progressed on Wednesday.
    Warburg said it is now valuing financial technology company Ant at about $191 billion, or 15% less than the $224 valuation tag it gave Ant at the end of June. According to a report from Reuters, Warburg has changed its valuation of Ant due to "regulatory developments and the impact of ongoing restructuring."
    Warburg also reportedly has said that it doesn't believe Ant's plans for a U.S. IPO will take place any time soon. Ant put its IPO plans on hold earlier this year after the company was ordered by Chinese government regulators to restructure itself into a financial holding company. That edict was part of an ongoing crackdown by Beijing on the business practices of many of China's leading tech giants.
    Alibaba, which owns approximately 33% of Ant Group, saw its shares edge up by about 1%, Wednesday. Among other leading Chinese Internet companies, $Baidu(BIDU.US)$ remained near its breakeven line at around $150 a share. Susquehanna analyst Shyam Patil cut his price target on Alibaba to $200 a share from $310, and lowered his estimates on Baidu to $175 a share from $200. Patel cited concerns about the Covid-19 situation in China for his price-target cuts.
    On Tuesday, Chinese regulators were said to have been putting pressure on Alibaba (BABA) and Baidu to clamp down on their platforms being used for fraudulent business practices.
    Alibaba shares hold steady as Warburg cuts Ant Group valuation
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    Sentiment is REALLY strong this time, and even though numbers are good tools, it seems to be a very strong force in the market. So many $Tesla(TSLA.US)$ shorts have capitulated. It is hard to imagine it falling to be reasonably valued which would mean a decline of well over 90%.
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    Drdrdoky liked and commented on
    $Lucid Group(LCID.US)$ The financials don't look promising right now, but that will change once Lucid Motors enters mass production and delivers a larger number of sedans and SUVs. Lucid Motors has a good chance of producing 100,000 electric vehicles per year by 2025, assuming that production delays do not derail the company's production schedule. Using a $100k average sales price, Lucid Motors has the potential to generate $10 billion in annual sales by 2025. The Lucid Air Pure has a starting price of $77,400, but higher-tier models become increasingly expensive. The Air Grand Touring starts at $139,900, while the Air Dream Edition starts at $169,900. As a result, the average sales price should be significantly higher than $77k.
    Lucid Motors had 17,000 reservations for its first electric vehicle on the books, which is quite impressive for an EV company with no prior models and a sign of things to come.
    In the short term, the losses will be staggering, especially since Lucid Motors manufactures its own electric vehicles. Losses are expected to exceed $1.0 billion per year for the next two years, but should gradually decline in the years following, particularly after the Gravity SUV goes into production.
    My Conclusion
    Lucid Motors' stock has been on a tear recently, and for good reason. The start of deliveries is a significant accomplishment for Lucid Motors, demonstrating to investors that the company and its executives can deliver results. Lucid Motors, in my opinion, is an EV company with $10 billion in annual sales potential and the most exciting EV stock to own in a market where electric vehicle adoption should gradually increase this decade. Having said that, expect Lucid Motors' stock to zigzag from time to time and to remain volatile. This should not bother you if you, like me, invest for the long term.
    Potential For $10B In Sales By 2025
    Potential For $10B In Sales By 2025
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