After a strong rally on Monday that sent the $.SPX.US$ to new all-time highs, stocks took a breather on Tuesday. Let's look at a few top stock trades for Wednesday.
Top stock trades for today No. 1: Tesla
$TSLA.US$ is at an interesting juncture right now.
Coming into today, shares were up 26% in a four-day stretch, so a rest was more than warranted.
As it stands though, Tesla stock is running into the 61.8% retrac...

$AAPL.US$ Been enjoying scalping Apple for small profit as the ticker was strong long. Entered on the dip, not my favourite set-up but the stock was still higher than prior day High, hence decided to take the plunge. Took my profit with "Limit when Touched" sell at 181.80 as the upside move was a bit draggy.
Learning Point: Took some risk to enter into imperfect set-up. Maintain discipline to exit quickly with Limit Sell set-up with small profit. Could be worse after market sell-off.

$AAPL.US$ $MSFT.US$
Be careful with this sentiment. It seems like everyone suddenly thinks AAPL is invincible. I hold AAPL and plan on never selling, and definitely won't be trying to time it (unless it gets very cheap). But even AAPL goes through periods of greed and fear. Not so long ago (early 2019) there was a massive sell-off for AAPL (I loaded up back then as it was a really good deal) and the stock didn't get back to its ATH until over a year after the previous ATH in Sep 2018.
That was a short while ago, and even though the company grew a lot since then and it has quite different fundamentals going on, I wouldn't be so confident that it's a completely safe investment (again, I am a long-time holder and don't plan on selling). Ffs, I've seen AAPL referred to as a cash-like investment three times this week! It's not and it never will be. It's a damn good company, but it's incredible how overly optimistic people became about this stock seemingly overnight (well, over the last month, really). Hell, even going back to October or summer, you wouldn't see anyone refer to it as a savings account or a cash-like holding. It's all just an echo chamber and the current state of the market (with MSFT and AAPL outperforming recently) makes everyone think it will only go up. Long time, sure, that's very likely and I am very confident in that. But even this year it had a period of almost -20% over a couple months. Just two months ago, there was a -10% correction. There will be more of those, so stop treating it like cash. I don't think you'd post a comment like this just two months ago.

$TCHmain.HK$ rocket burst

$AAPL.US$ is it too expensive to buy now?

Stocks seen wavering amid investors' risk-off mood
Stocks look set to start the week under pressure with investors looking to U.S. inflation data amid the Federal Reserve's hawkish tilt, and the impact of omicron as risk aversion grips financial markets.
Asian futures pointed to benchmarks opening lower. Australia fluctuated at the open, while U.S. futures edged up. U.S. stocks extended a weekly slide Friday after a mixed U.S. jobs report fanned volatility.
Shock to crypto daredevils joins list of scary omens in markets
A hawkish turn from the Federal Reserve and the omicron variant have erased more than 10% off the market value of cryptocurrencies. The cryptocurrency lost as much as 21% since Friday's stock-market close and swung wildly throughout the weekend. The decline brought it down to around $42,290 at one point, well below its record high of near $69,000 just a few weeks ago.
Big drops in an asset like Bitcoin have the potential to lower confidence among the larger population of bettors, a concept described as negative wealth effect.
High-flying tech stocks are bordering on correction territory
The stock-market drubbing is hitting the once-favored technology giants hard.
The so-called NYSE FANG+ Index tracking the tech industry's giants brushed up against a correction on Friday -- with a drop of 9.99% from its closing peak on Nov. 4. That leaves it just shy of the 10% tumble that would mark a full-fledged correction in the eyes of traders.
Hedge funds suffer big losses on biotech rout
Biotech stocks have fallen to earth with a thud in 2021 after soaring last year amid excitement over the development of Covid-19 vaccines, dealing big losses to some hedge funds. The sector is being buffeted by concerns Congress will move to put a lid on drug pricing and a surfeit of early-stage biotech shares as the IPO market booms.
The SPDR S&P Biotech ETF, an equal-weighted index of biotech stocks, has fallen about 22% so far this year through Friday, and is down 37% from its Feb. 8 peak. The ETF has tumbled nearly 9% since Thanksgiving. Biotech is the worst-performing of all 11 S&P 500 sectors this year, a time when the broader index has notched a total gain of nearly 21%.
Charlie Munger says he wishes cryptocurrencies had 'never been invented'
Billionaire investor Charlie Munger still isn't a fan of cryptocurrency.
"I wish they'd never been invented," Munger said at the Sohn conference in Sydney on Friday, according to The Australian Financial Review. "Of course," he said. "I don't welcome a currency that's so useful to kidnappers and extortionists and so forth, nor do I like just shuffling out of your extra billions of billions of dollars to somebody who just invented a new financial product out of thin air."
Buy now pay later boom shows no signs of slowing this holiday season
7% of shoppers said they will be using buy now, pay later as a payment method for holiday purchases this year, according to a CNBC/Momentive Small Business Survey. The credit card alternative has exploded in popularity as online shopping has boomed during the pandemic and more retailers and payment providers have adopted it.
The use of BNPL globally during Cyber Week — from Nov. 23 to Monday — jumped 29% year over year, according to Salesforce data.
Elon Musk being allowed to "make the rules" in space, ESA chief warns
Josef Aschbacher, the new director-general of ESA, said that Europe's readiness to help the rapid expansion of Musk's Starlink satellite internet service risked hindering the region's own companies from realising the potential of commercial space.
He said Musk's Starlink was already so big that it was difficult for regulators or rivals to catch up. "You have one person owning half of the active satellites in the world. That's quite amazing. De facto, he is making the rules, the rest of the world including Europe.
Apple's iPhone successor comes into focus
$AAPL.US$ is raising the stakes with what analysts say are plans for a headset or smart glasses that will offer access to a layer of information, objects and data spread across our view of the real world like so much digital pixie dust—a so-called augmented reality, or AR. While the company hasn't disclosed its plans, analysts and other industry insiders expect Apple's first AR device could be announced by the end of 2022.
Source: Bloomberg, WSJ, CNBC, Financial Times

Top 9 Actives (03 Dec 2021)*
$DIDI.US$
$F.US$
$AAPL.US$
$NIO.US$
$LCID.US$
$DOCU.US$
$BAC.US$
$T.US$
$BABA.US$

$AAPL.US$ green or red apple also good to eat hohoho

$AAPL.US$ Wait a little longer