WinWe
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Morning mooers! Happy Monday, June 24th. The market is open and climbing, my name is Kevin Travers, and I am back from a trip to the UK, I'll share some videos this week alongside stories from the herd on Wall Street today.
In moovers, $Trump Media & Technology (DJT.US)$ climbed 17%. Last week, the firm said it expects $69.4 million in cash from an exercise of warrants. The stock faces volatility in the lead-up to the first presidential debate betwe...
In moovers, $Trump Media & Technology (DJT.US)$ climbed 17%. Last week, the firm said it expects $69.4 million in cash from an exercise of warrants. The stock faces volatility in the lead-up to the first presidential debate betwe...
![Nvidia Pulls Back From #1 | Herd on Wall Street](http://1500015405.vod2.myqcloud.com/f7703b98vodtransuse1500015405/9b2621c21253642699558026130/coverBySnapshot/coverBySnapshot_10_0.jpg)
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WinWe
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Many headlines are stating that Michael Burry just bought $1.6 billion of $SPDR S&P 500 ETF (SPY.US)$ and $Invesco QQQ Trust (QQQ.US)$ puts.
However, this is very misleading as the real value of the puts he bought is much LOWER.
NOMINAL VALUE is reported, not the amount Burry paid for the puts.
Due to the way options are reported, this is a common misconception.
Calculated portfolio weighting for option...
However, this is very misleading as the real value of the puts he bought is much LOWER.
NOMINAL VALUE is reported, not the amount Burry paid for the puts.
Due to the way options are reported, this is a common misconception.
Calculated portfolio weighting for option...
![Misleading reports: Michael Burry bought $1.6 billion of $SPY and $QQQ puts.](https://ussnsimg.moomoo.com/feed_image/70042970/168d6f3e695230db856d4eb01a810dd3.png/thumb)
![Misleading reports: Michael Burry bought $1.6 billion of $SPY and $QQQ puts.](https://ussnsimg.moomoo.com/feed_image/70042970/4e4a0c1b8fd03889b6332daee921d407.png/thumb)
![Misleading reports: Michael Burry bought $1.6 billion of $SPY and $QQQ puts.](https://ussnsimg.moomoo.com/feed_image/70042970/d7d69ec025373d799aec432cde0f4bf0.png/thumb)
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WinWe
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WinWe
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$Digital World Acquisition Corp (DWAC.US)$
Will there be a run tomorrow?
Will there be a run tomorrow?
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WinWe
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$MicroCloud Hologram (HOLO.US)$ and $Bright Health Group (BHG.US)$ look to be the most promising for payouts. Rest of the market is looking like a market wide pullback is going to happen today. Hopefully the market will change in the next hour and turn positive.
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$Ault Alliance(AULT.US)$ Don't follow hopium cat will only cost you money in end. Did same thing with this stock at $2 only abandon Ault & watch stock fall 6 cents. Don't purchase Ault until price is below $3. 👉🤑👈 Hopium is quite dangerous and can cause death. Just look towards Ukraine 4 perfect example dangers of hopium.
![Picture](https://ussnsimg.moomoo.com/feed_image/71123206/01f0247f29d53e868666c372cadcce8c.jpg/thumb)
![Picture](https://ussnsimg.moomoo.com/feed_image/71123206/1923b25717fe355494338bb995425068.jpg/thumb)
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Volatility is good for traders.
Don’t follow the earnings and think that a good earnings report means that the price will fly to the moon.
Watch what the traders are doing and where is the price is going on the day and decide the direction of trade.
With the same ticker, you can go long one day and short the other.
Case in point, if you went long the day $Palantir (PLTR.US)$ released the report and short the next few days, and then long again yesterda...
Don’t follow the earnings and think that a good earnings report means that the price will fly to the moon.
Watch what the traders are doing and where is the price is going on the day and decide the direction of trade.
With the same ticker, you can go long one day and short the other.
Case in point, if you went long the day $Palantir (PLTR.US)$ released the report and short the next few days, and then long again yesterda...
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WTI crude reached a high of USD130.50 in Mar 2022 after the Russia- Ukraine war started. Then it fell to a low of USD64.12 on the back of the banking crisis and recession fear about 2 weeks ago. That's a fall of 50.9%. It's the surest sign that the oil market is factoring in a recession.
In 2023, the Nasdaq had its best January opening since 2001 with a 10.7% gain. That's after plunging 33.1% in 2022. In 2001, there were 4 occasions (monthly gains of 10%...
In 2023, the Nasdaq had its best January opening since 2001 with a 10.7% gain. That's after plunging 33.1% in 2022. In 2001, there were 4 occasions (monthly gains of 10%...
![Its beginning to look like the early 2000s](https://sgsnsimg.moomoo.com/feed_image/102079252/0e09955e5ab93fceb4546abd12611123.jpg/thumb)
![Its beginning to look like the early 2000s](https://sgsnsimg.moomoo.com/feed_image/102079252/d20eab059a2e314696a5a1dffddcb20a.jpg/thumb)
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