NVDA in Q3 2025 has a revenue of $35.1B, the annual growth is 94% (data centre revenue $30.8B,112%); PLTR in Q3 2025 has a revenue of $1.181B, the annual growth is 63% (American commercial dept revenue 121%); TEM in Q3 2025 has a revenue of $334.2M, the annual growth is 84.7%. For TSLA, the $1 Trillion Pay and Performance scheme of Elon Musk passed, should be a great good news.
I asked the AI why the market still dropped greatly on Thursday; they gave a lot of reasons but forgot one thing. Bitcoin dropped under $100,000 and now at $96,061.75 (AI is not almighty). It is not so common that both Bitcoin and stocks fell together, this particular should not be neglected. One more important issue is that, according to Catherine Wood, the next trend would be Crypto. So better take chance of buying at low for COIN, CRCL, MSTR and HOOD……. Please refer to The Express of 20251028 “Tomorrow is another day”.
Market experienced a Single Day Turn on Friday. Take care! This is a very romantic and attractive term! Be sure there are 2 kinds of Single Day Turn. Successful and Unsuccessful Turn! So how about the turn on Friday? What kind of turn it is? When near the bottom, on the following trading day, if market closes above the turning day, it is a successful turn; if not, simply unsuccessful. So do not be so happy now, wait for market closing to confirm it. That’s why Buffett said most day-traders lose money. One of the reasons is that they have no patience to wait for closing price and make decision before confirmation. Not only day trading, all technical analysis are based upon closing price.
Take the example of TSLA (refer to page 5), one of the hottest stocks of this month. It formed a Double Top or M shape recently. On Thursday, it dropped under the neckline, it is a selling signal. But hang on! It must be confirmed by closing price. That is on penetration, you cannot sell at once, for it may rebound up suddenly and when closes above the neckline, then the selling signal is cancelled. When waited for the closing price of Thursday, you cannot do anything. Even if you waited for confirmation, you have to do it after market opening of Friday. So, if you set an order of MOO (Market on Opening) of Friday, or you set an order of MOC (Market on Closing) of Thursday, after market opening of Friday, it gone up above the neckline again, would you buy a new order again after selling?
So, let’s do the calculation. When will the fall ends? We use the top on Nov 3rd $474 and minus the low of the M shape which is on Oct 10th at $411. It is $63. And the breaking through point is also 411 so we came to a low of $348($411-63). The measured falling target is $348. On Friday, the market has rebounded up and closed at $404, who has the kung fu to wait for it to drop to $348 when there is a Single Day Turn? Is it worthy of waiting?
Factors in favour of bull market is TACO, Trump is chicken out again in tariff of daily life like agricultural products. People said he is putting off the fire he ignited; Michael Burry, the short seller also retreated. Bearish factors are Fed rate may not be cut in December, and unemployment may be higher because of AI bloom.
Let’s see the DJIA, the closing is near the 20-SMA, that means medium term and long term is still bullish. The Magnificent Seven (MAGS) is still in integral uptrend and closing is quite near the 50-SMA. NVDA and TSLA had closing above the 100-SMA, PLTR slightly under the 100-SMA, TEM still above the 250-SMA. Above all, before the voting of TSLA $1 Trillion salary scheme, market admitted all stocks are over estimated and should have correction. Now they think adjustment should have be nearly done, but still will keep in low positions. TSLA will shuttle up and down the $400 level. The Double Top shape is not firm enough for it used 2 months for formation so it may not fall to the $348 target. If the formation takes 3 months, the chance of hitting is higher than now.
However, we can see after Buffett released his farewell letter, BRK.B has gone up even the market fell. Does it mean investors learnt something from the letter?