$YTLPOWR (6742.MY)$
add oil

$Tesla (TSLA.US)$  Over the weekend's Naked Sell Call paid off. Cashed out job done, off work for today.

$Super Micro Computer (SMCI.US)$
No need to put it, thank you for your dinner.

$Direxion Daily Small Cap Bull 3X ETF (TNA.US)$ I'm not a huge advocate of buying into the small cap rally last year for the reasons that I outlined a long time ago.
this is a leveraged ETF and I've traded it at least two dozen times over the past few years by selling put selling calls buying the ETF outright and trading it
we're getting down to interesting levels that go back to 2023
I believe there's a potential for another leg down in the market around tax season and I mentioned that yester...

Recently, $Bank of America (BAC.US)$ (Bank of America, NYSE: BAC) announced the layoff of 150 junior investment bankers, sparking heated discussions in the market. This move not only relates to the bank's own business strategy but may also indicate that the entire investment banking business is enduring an ongoing winter. For investors, is this a potential risk signal or an opportunity to invest in bank stocks? This article will analyze the impact of Bank of America's actions from multiple perspectives, including market trends, Earnings Reports, competitor movements, and the outlook for the investment banking business, helping investors make more informed decisions. US stocks 101 This article will analyze the impact of Bank of America's actions from multiple perspectives, including market trends, Earnings Reports, competitor movements, and the outlook for the investment banking business, helping investors make more informed decisions.
Why is Bank of America laying off employees? What do the financial data reveal?
Bank of America's layoffs mainly target its investment banking division, reflecting the sluggish state of the Global M&A and IPO markets. According to Dealogic data, the total value of global M&A deals in 2023 is only 2.9 trillion US dollars., a decrease of 17%, setting a new low in 10 years. In terms of IPOs, the total fundraising globally also fell by 30%, resulting in a shrinkage of commission income in the investment banking business.
Bank of America's Q4 2023 Earnings Reports show that the bank's investment banking revenue is 1.1 billion USD, a year-on-year decline of 3%, which is below Wall Street's expectations. Compared to...