Kim_CLSPX

Kim_CLSPX

NASDAQ:TSLA Target TP: $414 Support: $292 Support 2: $269 SL: $209 Narrative: 1. Historically, TSLA stock price intersect with 200 EMA always reacted by a significant revamp. 2. Latest PCE report signaled a very strong growth in Automotive sector. 3. Short-Selling primarily driven by investor sentiment and materialization of long-dated long position, which...

Kim_CLSPX

On Semiconductor The company is currently trading at $56.26 per share at TTM Price-to-earning(P/E) ratio of 13.69, approximately, with a forward P/E ratio of 13.92. The enterprise value to EBITDA (EV/EBITDA) is about 8.89, with profit margin of 23.8%. Analysts’ consensus estimates for the upcoming quarter project earnings per share (EPS) between $0.92 and...

Kim_CLSPX Updated 

Interest rate sensitive Nasdaq composite index off from its 5 monthly gaining streak marked by strong economy projections reneging expected rate cut in June FOMC meeting. NASDAQ:NVDA and its peers from Semiconductor industry overall are continuing to follow market downtrend.

Kim_CLSPX Updated 

* CPI report came out today of 3.4, 0.1 Point higher than consensus 3.3 * Food and durable goods experienced significant gain.. (Egg price went up by 5 percent during this month only... guess no more scramble eggs for the rest of the month fml) * Other trajectories remained pretty stable from last month. * Latest PMI report delivered score that is higher than 50...

Kim_CLSPX

The recent China economic recession may seem to plunge the global oil demand. With the rising Geopolitical tension, US had paid much interest on lowering the Oil price through increase in domestic production, which has just broke another record of 13,315 Thousands barrels per day. Despite the efforts, seasonal demand combined with reviving of US and China...

Kim_CLSPX

After long hours of waiting, the USOIL has finally reached its breakout point. $75.84 Retest and Set it free?

Kim_CLSPX Updated 

TVC:USOIL Crude oil futures rose toward $76 per barrel on Friday, cutting the 5% plunge from the prior session that took prices to their lowest since July. CBOE:OVX ended on $40.43 nearly 7 percent lower than its previous session. Breakthrough 75.63 resistance. Still it is within acceptable deviation range, the short stance is yet too early to be declared...

Kim_CLSPX

This Friday we met the 0.5 Fib retracement level from the last breakout. Wall street snapped on its 9 week winning streak. Mixed with both fear and hope to number of expected rate cuts in the current year of 2024, recent commodities price had shown re-incarnation followed by increasing tension in regions including Mid-east, Korea, and Ukraina. Major AI stocks...

Kim_CLSPX Updated 

✺ End of Bulls rally after the most successful trading day since April. ✺ The possibility of the Goldilocks scenario - is it on the horizon? ✓ PPI data has been reported today. Key fact: "Firms no longer optimistic" BLACKBULL:SPX500 After the longest period of growth in 2024, the market closed at -0.41 rate, putting the end to the robust bulls rally since the...

Kim_CLSPX Updated 

11/13 - Today was a slow day with lower trading volume; major big tech stocks hitting only half of their 10-day average trading volume. Mixed signals were anticipated as most of the traders were seemingly awaiting for the CPI report tomorrow 11/14. S&P remained slightly positive by 0.07%, as well as Nasdaq, which closed the first trading day of the week with...

Kim_CLSPX

API Actual: 9.047M API Consensus: 1.467M EIA Crude Import Actual 0.259M EIA Crude Import Previous: -0.385M EIA Crude stock Actual: 8.701M EIA Crude stock consensus: 1.160M As Saudi Oil production had shrunk to nine million barrels per day in July since its last OPEC meeting with Russia to restrict supply amid signs of weakening global demand...

Kim_CLSPX

Stock Market Update: S&P Shows Low Movement, But Advancements Expected The $S&P500 index exhibited low movement today, initially dipping -0.20% but quickly regaining ground to close with a slight negative of -0.1%. The market's resilience in maintaining and even advancing current price levels is surprising. In the short term (1-2 months), there's a higher...

Kim_CLSPX

FX:SPX500 Strong CPI report had really fueled the market to rally all the way up to near $4500 level, almost near to its previous peak point. Yet, Daily total trading volume 22.425K More than a 3rd of the volume went in within the very beginning two hours of the day. The previous peak is $4596.74(July 31st) with 2.442M total volume $SPXV. Currently, the latest...