It might be a bullish event but in two days, with the release of a lot more shares (more than existing free float), the flooding of market with more shares is itself a bearish event. Thus, I am neutral for tonight's result release. If the premium is low enough, I am still hoping to buy put option on it... wait and see... I have never got the guess correct for these events, so don't trust my judgement [Tongue] [Facepalm] [Silence] [Chuckle] Then again, being first to vote and comment, will add that a lot more shares are waiting on the sidelines for release into the market. I would think as a middle term, this is negative for the company shares. The flooding of market with a lot more shares would outweigh positive events from the company. Keep eyes 👀 open and be aware what you are buyi
$ProShares Ultra Silver(AGQ)$ It is a risky trade, but I have started anyway... as I had shared a week or so, I have moved back into AGQ. I took some profits earlier when it was flying. I admit that I should probably move totally to cash on hindsight. But hindsight trading is always easy... I didn't move to cash because I was not comfortable with USD, simply that. I had shared many times years ago that I see dedollarisation accelerating with the second coming of Trump, and I am still standing by it. USD and USD based debts are no longer safe... Gold and silver are now my preferred currencies. Although the risk of the raise in interest rates are real with the heightened inflation led by the rising oil price, the
$SOXS2 20260821 5.0 CALL$ Does this carry the mood? Just when we thought the risk on mode is coming back with the temporary US-Iranian ceasefire, with oil prices correcting nicely... one hour, just one hour into US trading hours, all the good vibes come running off... reality strikes with US Fed meeting this week. The US Fed is no longer what it used to be. It appears that the bond market is in control rather than the interest setting Fed. The bond holders are telling the new Fed chair 🪑 that he is but indeed a piece of furniture if he doesn't follow them. Damn if he doesn't follow, condemn if he does! Either way, it appears as a lose-lose situation for him. This $Direxion Dail
$ProShares Ultra Silver(AGQ)$ I have been adding lately... yes, it might no longer be the easy fruit 🍋🟩 to pick but I still believe in inflation protection instruments such as gold and silver. Property and land are others... this is a long term play. The ongoing market correction, oil price hikes are stroking fears in the market. Inflation triggered possible interest rates increase is getting ever possible. The new US Federal Reserve Chairman is not helping the situation with no guidance. Frankly speaking, rather than setting the direction for rates, the new chair 🪑 feels more like, a chair 🪑! It appears that he is simply another vote among the 12 voting members. So, there's also nothing much he could say, since he
$SOXS2 20260821 5.0 CALL$ It's supposed to be better prior to its principal consolidation... if there's no shares consolidation, $5.1 now could easily be $6! As this call options follow its principal, it is probably difficult for a big payout at the end of the day. I can't play with this anymore after its principal consolidation. Need to hunt for my next game...
$Silvercorp Metals Inc(SVM)$ Sharing for coins... just added more options... the fighting is still ongoing in Iran... I don't know how stock market will continue to move... but I know a significant change is coming after tomorrow... World Cup ends after the Argentina 🇦🇷- Spain 🇪🇸 finals!!! [Tongue] [Silence] [Chuckle] [Evil] I will get back my sleep 🛌 and back observing the market... [Cool] I guess it's not being a good June or even July so far... as mentioned earlier, $SpaceX(SPCX)$ listing might be the trigger for the big boys to throw... it's the accumulation of excesses after all... but I am sure gold, silver and other precious metals will come back when inflati
$Elixir Energy Ltd(EXR.AU)$ Just revisited this oil and gas company. The share price corrected 18% yesterday after the company made an announcement of its testing result. If I had not known better, I would have thought the test results must be bad to trigger this drop. I had digged out the announcement and noted that unexpected gas surge during the test resulted in instability in the test. As a result, the company planned to use different tubing string to contain this unexpected surge in gas flow. To do that, they need to shut in the well to prepare for the new test, resulting in a week's delay. Market hates uncertainty, resulting in the big correction yesterday, continuing into today. The correction appears strange, at least for me. Unexpected
They made all these money simply by being cheerleaders for big listers like $SpaceX(SPCX)$. The retailers hold the risk while they laugh all the way no matter what happens
It seems a little scary that the banks keep making new highs, is there really so much good business to be done? Or is this pricing in the expectations that US Feds will be upping the interest rates? And that it will be good for the banks?