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103984230 Private ID: 103984230
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    $ProShares Ultra Bloomberg Natural Gas (BOIL.US)$As I posted earlier, get ready for a nice bounce from BOIL.  Holy cow, what a nice fast bounce.  Unlike the broader market going through corrections, natural gas basically had already corrected and consolidated for 11 months.  This is where we sell the greed and buy the fear!  Congratulations to everyone who bought into the dip in BOIL today.  I belive we have some nice profit to make from here…
    Happy profit making!
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    Wow, what a massive market sell off today.  I mentioned twice on my post yesterday before market open, watch out for institutional dump.  This is exactly what we saw.  Once Fed interest cut begins, more massive dump is likely to happen.  Fed cut is telling the market the Fed is confirming the economy is in trouble and rate cute is needed.  This is essentially what it means.  so again be cautious.  Don’t get hyped up and follow the sheeps and get wrecked.
    Yesterday gold price held up pretty well....
    $NVIDIA (NVDA.US)$ nVidia short update.  Guys as I posted earlier, I just entered a short on nVidia and here are my views: 1.  The massive rebound from last night and on post market and again further gains during over night market is just a crazy move on a 3 trillion dollar cap stock.  The hyp was overhalming and I feel this is a institutional bull trap to exist their position.  Look at Qualcom QCOM, Arm ARM, and Lam Research LRCX, they have all traded down in overnight market and premarket sessi...
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    Hi, as we have seen corrections in the mega caps companies in the last week.  I expect we should see some bounces here and there but deeper corrections to continue as money rotation continues in the market.  Remember, nothing goes straight down and nothing goes straight up.  During corrections, buy the dippers will jump in at different stages. These are mostly retail investors.  Once these buy the dipper are exhausted, we will see the bigger crash until the institutions step back ...
    $Tesla (TSLA.US)$ Set to close my Tesla short at $218.  Will move the funds here to top up my existing gold/gold miners holdings such as GDX, NEM, AEM, GLD, GDXJ, and SLV.
    Gold miners are starting its Q2 reporting with NEM first to report after market close today.  AEM will report next Wednesday and followed by others in AUG.  I think gold miners will have very strong upside on revenue, EPS and healthy cash flow due to recent higher avarage gold price between Q2 and Q1.  
    Market money rotation ou...
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    $Tesla (TSLA.US)$ I received a few private chat questions asking where I see Tesla’s down side target.  My view is price may bounce up anywhere between 220 to 190.  Personally I will exit my short at 218 and move on to others.  Many other stocks can make profit as well.  No need to be greedy with any one stock.  Anyways just my personal view to share for those that are asking.  Just keep in mind this is my personal view and can be wrong.  Nothing is absolute.  Good Luck to all.
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    $Tesla (TSLA.US)$Still holding short position yesterday at 252. Targeting 210.
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    $Newmont (NEM.US)$ Hello everyone, hope you all are enjoying your weekend so far.
    NEM will report its Q2 earnings Wednesday July 24th.  In Q1 of 2024, gold prices averaged around 2,050 per oz.  In Q2, gold prices averaged even higher at around 2,350 per oz.  This is $300 additinal dollar of profits that goes into the company’s bottom line for every oz of gold mined.  Costs remained flat QoQ.  I expect we shall see another blow off top earning report from NEM in its earning per share and cash flow...
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    $Tesla (TSLA.US)$ if Tesla closes below 239.65 today, expect a much bigger dump next week.  If it hold above 239.65 at closing then side way trading continues which will still eventually break to the down side.  I suspect we may even see a buy the rumor sell the news event.  Where it bounces up before the earning call and dump down after earning report.  Be cautious.
    $Tesla (TSLA.US)$ Guys, SMH, semiconductor ETF was crushed in today’s trading.  Look for Taiwan Semi’s eaning call coming up at 2pm Taiwan time or 2AM New York time.  If robust earning and strong forecast from TSM, the semi may bounce up.  However any hints of weakness ahead, the semis will likely be crushed again such as nVidia, AMD, Micron, SMH, QQQ…etc.
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