TSMC earnings tomorrow before open. Any speculation on them beating? ASML down 7% this morning on poor earnings.
Not sure if they will beat. But I'd be surprised if the stock makes new highs.gggmann said:
TSMC earnings tomorrow before open. Any speculation on them beating? ASML down 7% this morning on poor earnings.
I'm not sure. But shares have been rising since 2020 almost complete inverse of the price chart. I'm not sure if these would hit all at once or be spread out over another 5 years.Chef Elko said:
So we can expect them to go under if we don't just vote for dilution?
Heineken-Ashi said:
Everyone vote on WWR issuing new shares?
They want either 100M or 200M. Current outstanding looks to be $57M.
confucius_ag said:
Hold on to your butts. 500 SPY inbound.
I really don't have an answerDiggity said:
dumb question that I'm sure has been answered.
how does WWR continue to trade on the NYSE at under a buck? I thought they would risk delisting
Heineken-Ashi said:I really don't have an answerDiggity said:
dumb question that I'm sure has been answered.
how does WWR continue to trade on the NYSE at under a buck? I thought they would risk delisting
Quote:
BITO provides exposure to bitcoin returns in an ETF wrapper. The fund does not invest directly in bitcoin. The fund will invest in cash settled, front-month bitcoin futures, traded on commodity exchanges registered with the Commodity Futures Trading Commission (CFTC), such as the CME Futures Exchange. The value of bitcoin futures is determined by the CME Group and Crypto Facilities Bitcoin Reference Rate (CME CF BRR), which aggregates bitcoin trading activity across major global bitcoin spot trading venues during a one-hour window. The one-hour window is divided equally into twelve 5-minute segments. Each segment has a volume-weighted median (VWM). The BRR value is expressed as the arithmetic mean of the 12 VWMs. Prices are usually determined at 4:00 p.m. (London Time). The fund itself gains exposure through a wholly owned Cayman Island subsidiary.
Trip, this is not an I told you so. Just a reminder of what I was tracking. Need to hold above $50 for re-entry. Even then, we want to see that V shape off a low. If we got chop upward, avoid.Heineken-Ashi said:Hey now, me telling you where the next buying opportunity might be with a critical stop level below is good juju.trip98 said:don't be putting any bad juju on my beloved ASO!!! Here's to no drops below $60 and hitting your target of $89 soon (I'd be crazy happy with $80!!)Heineken-Ashi said:
ASO - We probably don't get much lower today. Likely a bounce to $68 creating a H&S. If so, I want one more drop from there to $51-$57 range. My upper target is $89 ultimately, but a lot can break down that would cancel that. Just going to watch and see how it starts to play out.
Bulls fighting hard to defend SPX 5000, I hope the bears rip their throats out.Spoony Love said:
That's good stuff man!
Good job!trip98 said:
ASO somewhat ending and lessons learned.
Don't post on here a lot but do follow regularly. Not a trader like some of you all are just b/c not much time too give i the attention it needs AND wife went back to school so cash flow was diverted.
Anyways, you all might recall my posts time to time regarding ASO. Used what I learned here as I worked on this part of my holdings. Here's how I've handled it and what I learned
Bought back in January '21 at $21.75 and since then sold CC's on it. Something I had never done till I learned about them here. Always sold not long after earnings and sold OTM with expiry before next earnings. Sometimes bought back to lock in profit. Lowered TCO to $18.20 for a 16% return.
A while ago it ran up to $70 and then slid back. I had TOLD myself I'd sell if it got to $60 but I did NOT enter the stop to trigger automatically. It fell past $60 quickly and I decided to hold and wait. But I also told myself I wouldn't let that happen again.
Recently it runs up to $75. I wait out earnings to sell CC but they disappoint and stock drops. I'm patient but still have the $60 figure in my mind.
Now it's hit $60 and lower. It's more than a home run trade so I only sell 3/4 of my position and have the 1/4 net free just in case it ever runs higher I can juice some more out of it. I don't need the cash now and what I've sold is obviously a solid return in 3 years.
I'm very happy with the "trade" and will look for the next opportunity (likely not soon as I'm very nervous where this market goes the next 6 months)
Key learnings....use CC to lower basis...SET STOPS.....and while I didn't time the top I also didn't let a winner become a loser.
what I could have done better....when it ran up to those highs I could have utilized puts to protect my investment and likely give some premium. Maybe next time
FIFYBrian Earl Spilner said:
hard for TNA.
Yep, I do remember this. And was something I was watcing and took into consideration.Heineken-Ashi said:Trip, this is not an I told you so. Just a reminder of what I was tracking. Need to hold above $50 for re-entry. Even then, we want to see that V shape off a low. If we got chop upward, avoid.Heineken-Ashi said:Hey now, me telling you where the next buying opportunity might be with a critical stop level below is good juju.trip98 said:don't be putting any bad juju on my beloved ASO!!! Here's to no drops below $60 and hitting your target of $89 soon (I'd be crazy happy with $80!!)Heineken-Ashi said:
ASO - We probably don't get much lower today. Likely a bounce to $68 creating a H&S. If so, I want one more drop from there to $51-$57 range. My upper target is $89 ultimately, but a lot can break down that would cancel that. Just going to watch and see how it starts to play out.
IWM has been in a correction for multiple years. What everyone saw as rotation into small caps was actually the last leg of an upward move before moving to new lows. Within that last leg, it started impulsively but broke down much deeper in January than would be expected from a strong impulse. Off that low, it recently completed an ending diagonal.Brian Earl Spilner said:
Heineken, any thoughts on IWM? Do you see it going all the way back to November levels? Seems to me like if it breaks 190 is where all hell will break loose.
Looking like 32 should be my hard stop for TNA based off that.