Daily Stock Market Predictions: Bullish Signals Emerge for Tesla, Hecla, Coeur Mining, and Nvidia Amid Options Activity and Rate Cut Hopes
- Piggo’s Trading Desk
- Aug 24
- 2 min read
In today’s volatile market landscape, several prominent stocks are showing signs of potential upward momentum, driven by robust options trading, technical patterns, and broader economic factors like anticipated Federal Reserve interest rate adjustments. As of August 24, 2025, Tesla (TSLA) closed at approximately $340.01, reflecting a 6.22% daily gain, while Nvidia (NVDA) ended around $177.99, up 1.72%. Mining stocks Hecla (HL) and Coeur Mining (CDE) also traded positively in recent sessions, with HL recently surging 4.85% on August 8 amid strong quarterly results, and CDE maintaining a rising trend channel as of August 19. These movements come against a backdrop of Federal Reserve Chair Jerome Powell indicating on August 22 that conditions “may warrant” interest rate cuts, with markets pricing in an 85% chance of a quarter-point reduction in September to support economic growth amid labor market uncertainties.
Tesla has high volume calls coming in with potential upside pressure, signaling bullish investor sentiment through options contracts where buyers bet on price increases, often amplifying gains if the stock rises. Recent data underscores this, with massive sweeps like a $20 million call option trade for September 12, 2025, expirations and over 82,537 contracts on the August 22, 2025, $340 call, representing significant portions of total options volume. This activity, combined with Tesla’s recent 6% share rise on rate cut optimism and advancements in its Full Self-Driving (FSD) software, suggests building momentum that could push the stock higher in the near term.
Hecla appears to be building a coil structure and may have another leg up soon, referring to a technical chart pattern where price volatility tightens like a compressed spring, often leading to a sharp breakout here potentially upward after recent consolidation. The company’s strong second-quarter performance, including $304 million in sales and raised 2025 production goals for silver and gold, supports this view, as does its position in a rising medium-term trend channel with positive technical indicators like a MACD of 0.46 and RSI of 70.99.
CDE also building a coil to potentially go higher, similarly indicating a consolidation phase in Coeur Mining’s chart that could resolve bullishly, backed by its second-quarter revenue of $481 million and full-year silver production forecasts of 7-8.3 million ounces. Technical analysis shows strong buy signals across daily indicators, with the stock in a rising trend channel and a 20-day exponential moving average of $10.93 against a recent price of $12.07, reinforcing the potential for an upward move.
Nvda looks to be at resistance but with a rate cut may retest highs based on the calls coming in over the next week, meaning Nvidia’s stock is testing upper price barriers around $175-178 levels, yet incoming high-volume call options such as $5.5 million in bullish sweeps for August 2025 expirations could provide the catalyst for breaking through, especially if Fed easing materializes. Upward pressure in the intermittent, or short-to-medium term, appears likely ahead of Nvidia’s August 27 earnings report, where analysts project $45.81 billion in revenue amid sustained AI demand, potentially driving the stock back toward its $184.48 52-week high
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