A new learning experience.
I bought $Archer Aviation (ACHR.US)$ just to practice option trading. So today I learned how to roll a covered call.
This particular contract expires in 14 days with a strike price of 3.5 (I bought is at 3.06, and the market price at the time of creating the CC was 3.1).
Reacting to a piece of good news today, the stock price rose, and the pre-market transactions shows that It might exceed the breakeven price, so I decided to use this opp...

Historically the month of September has been the worst month of the year for the stock market. The $S&P 500 Index (.SPX.US)$ has generated an average monthly decline of 1.2% and finished higher only 44.3% of the time dating back to 1928.
However, this September has been great to me so far. We are now at the 3rd week of the September and I only have 3 red days out of the 15 days which is fantastic. Touch wood that we will continue the momentum and gain to end the mon...

$Advanced Micro Devices (AMD.US)$are rallying following the company's second quarter earnings report, which beat expectations on both revenue and profit margins primarily due to strong AI chip sales.
Chip stocks were rallying across the board on Wednesday, driven by a big earnings beat from AMD and Morgan Stanley naming Nvidia a top stock pick.
$Advanced Micro Devices (AMD.US)$ spiked as much as 11% before paring gains to about 5% high...

$Advanced Micro Devices (AMD.US)$
Although I was lucky to sell half of my positions before the sharp drop in AMD, it is still my largest holding. And I added some around 150. So I still feel very anxious.
The main focus of the financial report is on the outlook, how much is the growth rate of the ai chip market, and whether amd can quickly grab more market share. As the second in the high-performance computing sector, amd is indeed lagging behind quite a bit this time. Nvidia has a market share of over 90%, while amd is still below 5% (as for Intel, it belongs to 'other' and can be ignored). The market share of the second in the industry should account for at least 10% to be reasonable. So amd still needs to make efforts.
As for $NVIDIA (NVDA.US)$ Now it's starting to make up for the decline. I bought some at 110 before, and now I'm in a bit of a loss, but the position is small, so it doesn't matter. If amd's financial report is not good, Nvidia may really see two-digit prices. That's two words: very tasty. I will definitely buy back some.
There are too many major events this week, but regardless of whether there is an economic slowdown, when the Fed will cut interest rates, at least for now, the ai chip sector doesn't seem to have any major problems. If there are issues, other industries are likely to suffer more. For example, the consumer sector has already collapsed, even P&G is struggling to sustain (see the following stocks, all plummeted to what extent: $Nike (NKE.US)$ ， $Lululemon Athletica (LULU.US)$ ，...

$NVIDIA (NVDA.US)$ Nice dip to load

$Meta Platforms (META.US)$ Sector rotation is happening,  so stay out of tech. but this is not too bad, those who missed may be a buying opportunity