Mitch McConnell’s niece drowns in her Tesla Model X because no one could break the reinforced glass. Angela Chao, the billionaire sister-in-law of Sen. Mitch McConnell, tragically drowned in a pond at her Texas ranch. It is speculated that she may have accidentally put her Tesla in reverse while attempting a three-point turn. Drowning is one my worst fears and this is terrible, whether she’s a billionaire or not. ...

This is a trade review of my Advanced Micro Devices AMD call option trade. Why was I interested in AMD? Because it’s getting action for momentum traders interested in the AI market. Which way was AMD trading? It was in a long upward trend. Was AMD making an all-time high? Yes. When did you enter the trade and at what cost? I entered the trade on 3/1/2024. I bought 5 May 17, 2024 AMD Calls for $8.95. Total cost was $4,478. What was AMD trading at the time of entry? It was trading around $200. That was my entry. Now what about the exit? Why did I exit? ...

Big news as China is looking to take back Taiwan. I’m sure they would make a move after the election if Trump wins. China also officially adopted tougher language against Taiwan as it released the budget figures, dropping the mention of “peaceful reunification” in a government report delivered by Premier Li Qiang at the opening of the National People’s Congress (NPC), China’s rubber-stamp parliament, on Tuesday. They’re putting their money where their mouth is militarily. ...

Good reference materials, definitely worth going through this list. If you head over to this page, you can access 243 free ebooks covering a range of different topics. Below, we’ve divided the books into sections (and provided links to them), indicated the number of books in each section, and listed a few attractive/representative titles. - via Open Culture

This cracks me up but I don’t blame them. There are many times I don’t want to be bothered by office coworkers and I’m glad I work from home 95% of the time. If you’ve ever found yourself stuck with a gabbing coworker who makes it difficult to work, you’re not alone. And if you’ve taken extreme measures to get peace and quiet, you have company too. Employees worldwide have found a solution that lets them avoid seeming like party poopers by telling colleagues—or in some cases, family members or friends—to be quiet and to stop bothering them. They merely use a video of a random meeting to pretend they are busy so others assume they don’t have time to talk. - via MSN ...

This is a trade review of my Costco COST call option trade. Why was I interested in COST? Because earnings was coming and I wanted to catch a price run up. Which way was COST trading? It was in a long upward trend. Was COST making an all-time high? Yes. When did you enter the trade and at what cost? I entered the trade on 3/5/2024. I bought 10 June 21, 2024 COST Calls for an average price of $7.53. Total cost was $7,545 What was COST trading at the time of entry? It was trading around $764. That was my entry. Now what about the exit? Why did I exit and not hold through earnings? ...

Biden says “I betcha (the) rates come down” at a campaign stop. He did say that it’s not guaranteed. https://twitter.com/LastCallCNBC/status/1766260439179038741 President’s do do this but Trump did it and he broke the seal. Who knows but the S&P500 made a bearish engulfing candle on Friday.

This is the start of my weekly market reviews for my trading journal. This is my digital watering hole, where I can celebrate wins and commiserate losses. It’s where I’ll work hard to figure out my new trading strategy and find opportunities in the market. I’m an old trader, definitely not a bold trader. What a week! I sold my stock holding in NVDA for a 20% profit and closed out all my AMD and COST calls. I made 68% profit each for those option trades. Options trading is insane and you can make sick money with it. Of course, you can lose sick money with it too. ...

I bought a call for COST, strike price 900 for June 21st expiration. The strategy behind buying these calls is this: earnings are due for Costco on Thursday and I expect good results. On top of that, COST has been one of my best long-term performers and I wanted to make some extra income from its strong trend. AMD closed down yesterday and NVDA managed to close up. Yesterday was a down day for the market but these two hanging tough in the face of the sell-off means the momentum is strong. ...

Ian Katz, a regulatory policy analyst at Capital Alpha Partners, said he was surprised by Powell’s blunt admission that the proposal could be redone. “The vice chair of supervision is supposed to drive the bus on regulatory and supervisory matters,” he said. “The truth is he drives the bus unless the chair and other members think he has gone too far off the main road.” The heads of Wall Street’s biggest banks were in attack mode when they testified before the Senate Banking Committee in December. One by one, executives confidently told lawmakers their institutions were safe and that everyday Americans would ultimately pay the price if tougher rules are enacted. ...