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US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.
Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high
104249546 : What does put mean? Buy or sell?
151162641 : Put is the right to sell while call is to buying right at the certain time
ChartTrader OP 104249546 : Put mean you earn money when the price go down. I have a put at 190 mean no matter Tesla drop to 180 or 150 or 100, my loss is limited by the 190 Put.
For this case price stay below 190, is my highest loss. Loss from my buy price of 198 and Option Premium.
104931295 : And what happens if the price stay above 190? Difference = loss?
ChartTrader OP 104931295 : my breakeven point at 203. Above 203 means positive and below it means negative. Until end of next week