Today $S&P 500 Index (.SPX.US)$ market was marked by heightened volatility and sharp declines across the tech-heavy Magnificent 7, leaving investors wondering about the market’s near-term direction.
Key Highlights
• Volatility Index ( $CBOE Volatility S&P 500 Index (.VIX.US)$): Surged +19.37%, reflecting heightened fear and uncertainty in the market.
• Tesla ( $Tesla (TSLA.US)$): Led the losses, down -3.24%, as selling pressure intensified.
• Meta ( $Meta Platforms (META.US)$): Dropped...

$Tesla (TSLA.US)$ We are going to

$Tesla (TSLA.US)$ There should be no problem with the recent 300.

Green Day today with $S&P 500 Index (.SPX.US)$ setting another new high.
Mag7 all Green except for $Amazon (AMZN.US)$ , Good profits for the Bulls.
Todays P/L is green. Had my $NVIDIA (NVDA.US)$ Covered calls assigned premarket else todays profits would be much higher.
I sometimes post my securities position to motivate myself while also acts as a reminder to take profits and cut losses when such desisions are due.
Options Expiring this week $Alphabet-C (GOOG.US)$ . $GOOG 241018 150.00P$ Sold PUTs...

The outlook for future glove demand may exceed expectations, according to Kenanga Investment Bank. $TOPGLOV (7113.MY)$
The future performance is more optimistic, with a significant increase of 39% and 42% in net profit forecasts for the fiscal years 2025 and 2026 (ending at the end of August).
Following recent meetings with senior management of top glove, analysts at Kenanga Investment Bank are optimistic about the company's performance outlook.
"There are signs that top glove will experience a stronger demand rebound than expected after entering the 2025 fiscal year."
He added that top glove's sales continued to rise month by month in September this year, with the company also expecting customers' inventory replenishment activities to strengthen in the coming quarters.
"Currently, top glove's sales volume is increasing by 25% to 30% per month, aiming to improve overall capacity utilization to 65% to 70%. We originally predicted that the company's capacity utilization for the fiscal year 2025 would only be 55%."
In addition, the analyst pointed out that top glove's export volume to the USA continues to improve, now accounting for 28% to 30% of its global sales.
"Top glove believes this is due to stocking activities by US customers, coupled with more Chinese glove manufacturers being listed by the country's Food and Drug Administration (FDA) as a watchlist, while the capacity utilization of Chinese peers has also reached 90%, almost at full production capacity."
Analysts believe that top glove is optimistic about the price trend of average glove prices, predicting that the average price will gradually increase in the future, with a possible increase of 5% to 15%...

Happy Monday, September 23, traders. The market was slowly rising, mostly flat Monday as investors digested all-time high indexes and a bit of tech stock pullback. FOMC rate cuts are feeling priced in, my name is Kevin Travers, and here are stonks and stories mooving on Wall Street today.
$Constellation Energy (CEG.US)$ climbed 6% at one point Monday morning, after analysts at Morgan Stanley raised their price target fr...

Total position profitability still holding well.
Made some trades $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ using options with the following details.
Bullish for $Microsoft (MSFT.US)$ so bought Calls for and Sold Puts. This allows the premiums to cancel each other out. Time decay is also balanced.
Short term bearish for $Apple (AAPL.US)$ Bought puts. while long term I have a sold PUTS for EOY.
$AAPL 241018 215.00P$
Bullish for $Alphabet-A (GOOGL.US)$   $GOOG 241018 150.00P$ premium l...

$Intel (INTC.US)$ I'll see if I can reach 23.5 to 24 tonight

$NVIDIA (NVDA.US)$ from now to rate cuts, nasdaq remains red everyday i think...