To The Moon

Important Notice: $第一共和银行(FRC)$ now is trading under the new ticker of FRCB $第一共和银行(FRCB)$

Before the start of this earnings season, the market repeatedly hit new highs, leading to overly high expectations for company performance. As a result, some tech stocks experienced a pullback despite delivering good earnings reports. Why did these strong results lead to declines instead of significant gains? Would you consider buying the dip? Let's take a closer look together! $ASML Holding NV(ASML)$ Q2 revenue was 6.24 billion euros, down 9.5% year-over-year, exceeding analysts' expectations of 6.0 billion euros by 4.0%.The gross margin was 51.5%, surpassing both the upper end of management's guidance of 51% and analysts' expectations of 50.6% by 1.78% and 0.98%, respectively.Q2 new orders totaled 5.57 billion euros, significantly exceeding anal

$Tesla Motors(TSLA)$ Down 8.8% post-earnings, those 300 calls are likely dead unless we see another miraculous 50% rally over the next couple of weeks. If you ended up with short puts that are now in-the-money, either close them out or convert to a call sale - no need to overthink it in this pullback environment.The first question post-print is whether TSLA could revisit the 220 area?The results weren't necessarily disastrous - top-line growth deceleration was expected, cash flows remain robust. However, the robotaxi delay to Oct 2024 was disappointing, though Tesla's new initiatives rarely hit initial timelines.The 8% plunge reflects expectations simply getting too frothy, requiring a reset lower. Conveniently timed with the broader pullback, the

In previous articles, we discussed good ways to endure a downturn. Tiger @BenjiFuji mentioned that he/she wouldn't endure but celebrate, as it's finally a buying opportunity. However, as an ordinary investor, I worry about buying at the beginning of a downtrend.So how do you gain the courage to bottom fish?Is it the power of belief we discussed yesterday? We need to believe not only in ourselves but also in the stock or CEO turning things around. Some say, if you believe $Tesla Motors(TSLA)$ will ultimately solve FSD (Full Self-Driving), then any time is not a selling opportunity.If you find it hard to believe in people, would you trust technical indicators?Nowadays, many use AI for trading an