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IndioYates Male ID: 71728230
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    The lingos I had learnt are all acquired from MooMoo. In the past, I knew nuts about all these terms till I read all the comments and advices from MooMoo’s section.
    “The Dead Cat Bounce” simply means the last rallying movement of a stock’s price where it rises from a downward trend briefly, before tumbling again. This is often seen in Paypal and Futu stocks now. $PayPal(PYPL.US)$   $Futu Holdings Ltd(FUTU.US)$ 
    Next would be the “Whales” where the whales are the movers and shakers in the market whom have so gignormous amount of capital that their buys and sells can cause the market to swing either way much like the small animals being displaced by this giant!
    “Apes Together Strong” is a clique or expression of solidarity with other common investors going for the same goal like buying AMC to the moon!!! Only if stayed focus collectively together, then they can achieve the target price.  $AMC Entertainment(AMC.US)$ 
    Haha, the recent favorite phrase “Short Squeezes” where the squeezes refer to unusual market movements. A short squeeze is when the asset traded e.g. a stock’s share price, unexpectedly appreciated to super high price over a short period of time. This is because it had ‘squeezes’ any short sellers of that market, who often exit their trades in a short squeeze to limit their losses as the market’s price rises. Stocks like AMC and Gamestop come to our mind.   $GameStop(GME.US)$ 
    “Buy The Dip” is a no brainer phrase when you have to place the trade when the price is down, on the assumption that it will rebound soon enough. This is often mentioned by people whom are permanently bullish on a particular stock, regardless of market conditions. That is the reason why we all buy stocks anyway. Duh!! Phunware is still dipping. HAHAHA  $Phunware(PHUN.US)$ 
    “Paper Hands” is when the investor is quick to sell a stock at the first sign of trouble; they cannot take the tumultuous journey and may result to early exits and missed opportunities.
    Then we see this “Pump And Dump” when a group of investors colluded and bought the same stock at the same time to momentarily drive up price of the stock and to sell in a short time later to turn them into a profit. Thereafter the price will drop back to the normal level. Those caught in this wave will make or lose big time! Digital World Acquisition Corp (DWAC) is the example.   $Digital World Acquisition Corp(DWAC.US)$ 
    Last but not the least, “Jigged Out” is where one noticed the market moving in an unfavorable position and then you quickly close out your trade, only for the market to rally into a higher position which you could have made a huge profit out of it and is known as ‘jigged out’. This is exactly how I felt each time; ‘I just jigged myself out of a profit by reading the market wrong!’ Tesla and of course Microsoft are one of my many big mistakes!  $Tesla(TSLA.US)$  $Microsoft(MSFT.US)$ 
    Slang or lingo regardless as long as I make $$
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    $AMC Entertainment(AMC.US)$
    No matter believe the technical analysis is good, the belief is good, and the home is not selling time
    1. Temporary parallel channel support is effective, and at low level, it is worth adding positions
    2. Since 72, the mosquito wave has been in a tight flag shape, and there will be an outbreak in about one more week
    3. Trading volume line tight VCP situation, and ready to break out signals
    This is not investment advice
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    IndioYates reacted to
    Stocks set to rise as earnings, inflation weighed
    Asian stocks looked set to rise Tuesday after a record $S&P 500 Index(.SPX.US)$ close as corporate earnings and progress on President Joe Biden's economic agenda helped sentiment even as the debate over inflation risks intensified.
    Australian equities pushed higher, while futures climbed for Japan and were steady for Hong Kong. U.S. contracts advanced. The $NASDAQ 100 Index(.NDX.US)$ outperformed overnight amid a $Tesla(TSLA.US)$ rally to a $1 trillion market value.
    Tesla hits $1 trillion market cap for the first time after Hertz says it will buy 100,000 electric vehicles
    $Tesla(TSLA.US)$ hit a $1 trillion market cap for the first time after $HERTZ GLOBAL HOLDINGS INC(HTZGQ.US)$ said Monday it would buy 100,000 electric vehicles. News of the deal brought Tesla's stock to a new record high just one trading day after the shares topped $900.
    The deal comes more than a year after Hertz filed for bankruptcy protection during the height of the coronavirus pandemic, as demand for travel and rental vehicles dropped.
    Facebook shares rise as investors focus on earnings beat and look past whistleblower document dump
    $Facebook(FB.US)$ shares rose in extended trading on Monday after the company reported better-than-expected third-quarter earnings while revenue missed estimates. The company announced its plans to break out its Facebook Reality Labs into its own reporting segment starting in the fourth quarter.
    Facebook said it expects fourth-quarter revenue of $31.5 billion to $34 billion. Analysts were expecting sales of $34.8 billion.
    Trump-linked SPAC cools down after short position emerges
    $Digital World Acquisition Corp(DWAC.US)$ pulled back Monday following a wild 846% surge last week after a short-seller said it was betting against the Trump-linked special purpose acquisition company.
    Shares of Digital World are trading around $89, or nearly nine times the SPAC's in September. The stock, which had traded as high as $122 earlier in the session and $175 on Friday, slipped Monday afternoon as Iceberg Research said on Twitter that it was short DWAC.
    PayPal says it's not looking to buy Pinterest right now, shares jump 6%
    $PayPal(PYPL.US)$ said in an update on its website that it is "not pursuing an acquisition of Pinterest at this time." Shares of $Pinterest(PINS.US)$ soared last week after Bloomberg first reported that PayPal may acquire the social media company. PayPal's shares were up more than 3% in morning trading Monday on the Nasdaq stock exchange, while shares of Pinterest were down over 12%.
    Tesla is towering over megacap tech in the options market
    Tesla, despite reporting earnings on Oct. 20, accounted for eight of the top nine most-traded single stock options on Monday.
    In contrast, none of $Facebook(FB.US)$, $Alphabet-A(GOOGL.US)$, $Microsoft(MSFT.US)$, $Apple(AAPL.US)$ or $Amazon(AMZN.US)$ options strikes ranked among the 20 most active in Monday trading.
    Mastercard partners with Bakkt to bring cryptocurrency payments to the masses
    The companies said the partnership will make it easier for banks, financial-technology firms and merchants to offer and accept crypto payments. Banks and other financial institutions that issue cards through Mastercard will be able to issue cryptocurrency debit or credit cards that let people make payments and earn rewards in bitcoin. Other cryptocurrency assets could follow.
    $Bakkt Holdings(BKKT.US)$ shares more than tripled to $30.60. $MasterCard(MA.US)$ shares rose 0.6% to $360.86.
    Canadian stocks add $191 billion of value in longest rally ever
    The Canadian stock market posted its longest streak of gains ever as a rally in commodities pushed the benchmark higher for a 14th straight session.
    The $S&P/TSX Composite Index(.SPTSX.CA)$ rose 0.3% to an all-time high Monday. It has added about C$237 billion ($191 billion) in market value during its recent winning streak, according to data compiled by Bloomberg. U.S. oil prices hit $85 a barrel for the first time since 2014 and metals prices also climbed, fueling Monday's rally. Energy and materials make up about 25% of the Canadian benchmark.
    Source: Bloomberg, WSJ, CNBC
    Wall Street Today | Trump-linked DWAC cools down after short position emerges
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