Elections 🧢, Crypto 🪙 and MAG7 🤖 the main focus of the week!
Hey mooers!
We are seeing a lot of events that is happening that is making the whole stock market wild.
I'll be highlighting 3 tickers here today. Remember, this is my own opinion and do your own Due diligence.
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During Election week we had seen that this symbol had been halted 3 times since my last view. 3 time!
Now why is this happening. 2 things
1. Panic Buying FOMO
Some sentiments who is a Trump fan and other who believed that the stock is rising like a meme stock will start FOMO on this ticker worrying it may go up to 70! other reasons could be the polls tilting towards Trump favour that also may Lead to that rise
2. Fear of Loss FOLO
On the other spectrum, with such long candle stick, going up up all the way! There is the bear side. They are looking to quickly take profits fearing they may lose money . The reason for that is the over valued believe. Others believe that there might be dirty tactics in play. (hope not).I trust in the democratic process it will not happen. Else the whole world 🌍 will be watching!
So where is my stand?
My stand is that I had sold off my calls and still holding on to my CS puts. I believe that with the premium I am holding it would not fall below that price . On the other hand I have to sell my calls for the reason of time decay and since is in the money and holding value. Is best to let go! Made decent money and happy. no profit post as it was so voilatile I dare not capture i realised gains.
Where is heading?
Probably to 70 🚀 or crash to 20
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With both sides debating about BTC and regulation.I forsee that Bitcoin will be bullish. 🚀 some say to 100k. Tho my fair logic is up to 85k.
Currently broke trendline and may lead to a higher trend.
Companies that will be impacted here is $Coinbase (COIN.US)$, $MicroStrategy (MSTR.US)$ and $MARA Holdings (MARA.US)$
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With beating of results! 1 down 4 more to go!
We may see that MAG7 will have a lead to the upside. Except $Tesla (TSLA.US)$. The likelihood was due to 2 reasons. Politically affiliated and post earning colsolidation. So we may see a laggard happening. I believe it will soon catch up.
Post earning shows a remarkable results for Google that had beat EPS which is a good start on that. Sentiments in TA showing bullish trends.
With both parties campaigning for jobs at tech. It is likely to continue with the other 4!
Alright folks I will end my discussion here. Will see what would happen to the other 4 earnings.
Peace ✌️
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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EZ_money : mean time as market distracts war escalation in both Russia and middle east. seems like NATO and Israel won't stop until WW3 starts up nuclear escalations
EZ_money : mainstream media... Putin bad man. Trump threat to democracy. Trump uses military against civilians. ...lie he used national guard to move liberal protestors away from the white house is the truth. Biden Harris passed law allowing military force against civilians. first time in history anything like that has happened. this is when you know you're no longer free
圣何塞金牌韭菜 EZ_money : 我上次一次听“主流媒体”四个字还是从法轮功信徒嘴里指的“大纪元”
EZ_money 圣何塞金牌韭菜 : it's not translating your comment for me I'm not able to read it
Capital Gains EZ_money : all and all if your family and people were attacked like october 7 you would be demanding war. There videos out there if you wanna see what they did to the jewish people. Im not saying the isreal is correct in all their actions but i seen a video of hamas killing these kids parents and cutting people heads, womens tits off in front of their kids and kids are scream holding on to their dead mother that has no head and boobs and terrified opens the fridge tells the kids to stfu and takes a bottle of coke and drinks it so you say what you want but that is barbaric.
Mrstocksplitsundae : non of the above.
Kirk Holmes EZ_money : and how you know the ones spouting fascist talk ARE the fascists
EZ_money Kirk Holmes : seriously. Elon exposed it on X , what Twitter did? what all big tech and mainstream media is doing! are you living under a rock
EZ_money Kirk Holmes : when you get arrested for things said that goes against your first amendment then you know you're living in a fascist government. when Google bans you for talking about the negative effects vaccines have you know you're living in a fascist state. i can go on more but....
71542371 Capital Gains : Agreed, I just dont want to pay for it. This government steals our money and gives it to anyone but Americans that Deserve it. Hawaii, NC, East Palestine,oh. Isreal is a rich country that should stand on its own two feet, and pay thier own fucking bills.
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