To The Moon

Market's concentration began to disperse and be redistributed to other risky sectors.Last Friday, chip stocks started to rise and fall, continuing until Monday, causing the market's risk sentiment to become mixed. There is a rotation between sectors, with funds starting to flow into safe-haven sectors. There are also differences among technology stocks, as star chip stocks with high gains in recent weeks have begun to pull back, including companies like $NVIDIA Corp(NVDA)$ $Advanced Micro Devices(AMD)$ , and $Micron Technology(MU)$ but companies that previously declined, even if they are AI concepts, have also seen rebounds, such as

China rebounded from slump on high CPI; Japan fell on policy bets. 🇺🇸 S&P 500: -0.11% 📉 🇺🇸 Nasdaq: -0.41% 📉 🇪🇺 Stoxx 600 Index: -0.35% 📉 🇯🇵 Nikkei 225 Index: -2.19%📉 🇭🇰 Hang Seng: 1.43%📈 🇨🇳 CSI 300: 1.25%📈   • U.S. stocks ended the day lower, with the S&P 500 and Nasdaq down -0.1% and -0.4% respectively, as investors braced for this week's CPI and PPI data to get a better sense of the Fed's monetary policy policy. • Official reports over the weekend stoked optimism that demand conditions in China's economy are improving, with Hong Kong's Hang Seng Index and China's CSI Index rising 1.4% and 1.3% respectively. • The Nikkei 225 ended lower at -2.2% after the country avoided a technical recession, paving the way for its central bank to raise interest rates. Nikkei • Japan's revis

$Adobe(ADBE)$ is set to report first-quarter fiscal 2024 results on 14 March 2024 after market close. For the fiscal first quarter, Adobe expects non-GAAP earnings of $4.38 per share. Adobe projects total revenues between $4.35 billion and $4.40 billion. The consensus mark for the same is pegged at $4.38 billion, implying growth of 15.3% from the year-ago reported figure. During the fourth quarter of 2023, AI and machine learning was the top CIO information technology priority. Efficiency and productivity gains will be first seen in the software and internet space before the broader market and the economy. The service-oriented markets could see more significant opportunity for gains related to AI-driven efficiency, including software services, con

Hello, everyone, Today I bring you the latest on hot cryptocurrencies:1.ETHUSD - Sharp Up TrendETHUSD: ETHUSD - Sharp Up TrendA sharp up trend is evident on the 4Hr chart for ETHUSD This trend line potentially may provide support for next move up.2.ETHUSD - Cup and Handle and TargetETHUSD: ETHUSD - Cup and Handle and TargetSuggesting using a cup and handle structure with the current move being in the handle phase of this structure. Price stays between the two white indicators which are potential lows and potential highs. I am bullish. The dotted lines are a channel that I think may still be relevant for this progression.3.MATIC - Sudden Up MovementMATICUSDT: MATIC - Sudden Up MovementI think price can move to 7.2 very quickly for MATIC Price is poised to break out on the Monthly timeframe

Welcome everyone to today's discussion on identifying bullish stocks in a bull market! In a bull market, it's crucial to pay attention to stocks showing clear signs of bullish momentum, as it helps seize opportunities for upward movement. Let's first understand how to identify bullish trends.Confirmation with Trendlines: Firstly, to observe the price trend. A bullish trend implies that the price is moving upwards. We can confirm this by drawing trendlines connecting multiple low points, forming an upward sloping line, indicating buying pressure in the market.Utilizing Moving Averages: Moving averages are another essential tool that smooths out price fluctuations and reveals long-term trends. In a bullish scenario, the price should be trading above the moving average, which should also be t

When it comes to AI stocks, most investors are fixated on chipmakers like $NVIDIA Corp(NVDA)$ and $Advanced Micro Devices(AMD)$ . But guess what? Some old-school companies are also getting a second wind from AI!Take $Oracle(ORCL)$ , the database software giant, for instance.The company announced their fiscal Q3 2024 earnings (covering the period ending February 28th) yesterday, and while revenues and profits were slightly ahead of expectations, their stock price skyrocketed 13% pre-market!Crazy, isn't it? But the reason for this madness is AI. It's poised to catapult Oracle into a high-growth trajectory. In their Q3 report, cloud business revenues jumped 25% to $5

Once again on Tue, 12 Mar 2024, investors will digest one of the most important data points the Federal Reserve will reference, in its next interest rate decision: US February 2024 Consumer Price Index (CPI). Wall Street forecast. According to Bloomberg, the monthly inflation report, scheduled for release at 8:30 a.m. ET, is forecasted to show headline inflation of 3.1%, matching January's annual gain in prices. (see below) This will be the latest inflation report, before the Fed's next FOMC policy decision on next Wed, 20 Mar 2024. Investors are hopeful the central bank will cut interest rates sometime later this year. February 2024 Estimates. Over the prior month, core CPI is expected to rise +0.4%, a slight increase from January's +0.3% monthly increase. (see above) According to Bloombe