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December 6 U.S. stock market turnover top 20: Huang Renxun uses loopholes in U.S. law to avoid $8 billion in taxes.
On Friday, Tesla, the top stock in US trading, closed up 5.34%, with a trading volume of 29.872 billion dollars. Since Trump's election victory, Tesla's stock price has risen by over 60% to date. According to documents released by the Federal Election Commission on the evening of the 5th, Musk, CEO of Tesla and SpaceX, donated 0.259 billion dollars to a group supporting Trump's 2024 campaign, becoming one of the largest presidential campaign sponsors in US history. On November 12th local time, President-elect Trump announced that Musk and Ramaswamy would jointly lead the proposed "Department of Government Efficiency" after he took office.
Weekly Buzz: Now THOSE are records!!
Advanced Micro Devices Options Spot-On: On December 6th, 720.54K Contracts Were Traded, With 3.47 Million Open Interest
Advanced Micro Devices(AMD.US) Officer Sells US$10.91 Million in Common Stock
Advanced Micro Devices Insider Sold Shares Worth $10,912,740, According to a Recent SEC Filing
AMD Shares Dip 2% Amid AWS AI Chip Demand Concerns
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Dadacai : My favourite trading moment in 2024 is seeing my stocks hit new high eg $Apple (AAPL.US)$ $DBS Group Holdings (D05.SG)$ $SGX (S68.SG)$ . January 2025 is when Trump takes office so it will be a much watched month. Can’t say I’m looking forward to it if it causes things to become more expensive. More of waiting for the hammer to drop.
ZnWC : Thanks for the event Here is my input:
1) My favourite trading moment is to see my investment strategy work - gaining profit in a sustainable way. My strategy includes four "D": Distribution, Diversification, Discipline and DYODD. Read here:
Recap the most inspiring moment in my investment journey in 2024
2) I predicted that Q4 2024 is the dawn of a bull market and the uptrending will continue to the first quarter next year. My focus is still on M7 stocks like Amazon and Meta. But I may invest more in Tech ETF like S&P500 instead of a single stock to reduce any volatility risk. (Diversification)
3) I am shifting from Dollar Cost Averaging to Value Averaging - buy more when the price dip and hold/sell when it rises. For such a trading strategy to work, I need to work closely with TA indicators and to follow strictly to an P/L exit plan (Discipline)
4) Instead of timing value stocks which are becoming more expensive, I plan to buy call options. Under a bull market environment, the goal is to profit from higher premiums and you may buy the stock at a cheaper price as compared to the current price.
5) I foresee the market may crash (low probability) due to an unsubstainable US federal government debt and/or a worsen US-China geopolitical tension. Hence as a risk management, I will sell the overvalued stocks and invest some money in safer assets like Moomoo cash plus funds.
Shootingstar : I stole the adorable cat picture
Stock_Drift : $Super Micro Computer (SMCI.US)$ Late News.
HuatLady :
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