The FinLogic News | Insights on Blockchain, Stocks & Futures

Australian bank joins Project Guardian to explore RWA tokenization

Australia and New Zealand Banking Group — one of Australia’s “Big Four” banks — has …

What Analysts Think of Nike’s Stock Ahead of Earnings

Key Takeaways Nike is slated to report fiscal first-quarter earnings after the bell Tuesday. Analysts …

Founding Coin Center Chief Jerry Brito Stepping Down After Decade

Jerry Brito, the founding executive director of the venerable-for-crypto advocacy and research organization Coin Center …

Bitcoin price falls as global recession and AI bubble fears send investors scrambling

Bitcoin (BTC) price declined by 4.1% in the early hours of Sept. 30, retesting the …

Disgraced Jussie Smollett Still Claims to Be Victim of ‘MAGA Country!’ Trumpers

The dumber-than-dumb People Magazine offered convicted hate-hoaxster Jussie Smollett an unchallenged environment to continue to …

What to Expect From Delta Air Lines’ Next Quarterly Earnings Report

Switch the Market flag for targeted data from your country of choice. Open the menu …

AVGO Broadcom Options Ahead of Earnings

If you haven`t bought the dip on AVGO: Now analyzing the options chain and the chart patterns of AVGO Broadcom prior to the earnings report this week, I would consider purchasing the 175usd strike price Calls with an expiration date of 2025-2-21, for a premium of approximately $12.00. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

MITK Mitek Systems Options Ahead of Earnings

Analyzing the options chain and the chart patterns of MITK Mitek Systems prior to the earnings report this week, I would consider purchasing the 12.50usd strike price Calls with an expiration date of 2025-4-17, for a premium of approximately $0.48. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

You see head and shoulders breakdown, I see quick $$

Algo vs. head and shoulders smackdown -- who's gonna win? (said in my most bobastic sounding voice) To be honest, both COULD be right. I can win short term and the breakdown could be real. Uptrend line from the May low is still intact and I always listen to my algo on the miners because the wins are usually fat compared to others, plus it has already corrected 40% and Bitcoin hasn't. While the miners are always leveraged plays on bitcoin in both directions, 40% seems extreme to me. I traded it during the March-May 50% correction and made money then, so entering after a 40% drop already happened makes this a much higher probability trade. I may cut it loose early if I can get a big win before the end of the day on Monday, though. Per my usual strategy, as long as the position is open, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.