To The Moon

Elliott Wave Theory Suggests EURJPY Remains Bullish April 18, 2024 By EWFHendra Short term Elliott Wave view in EURJPY suggests that rally to 165.35 ended wave 3. Wave 4 pullback unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 162.59 and wave ((x)) ended at 165.17. Down from there, wave (w) ended at 163.85 and wave (x) ended at 164.69. Wave (y) lower ended at 162.26 which completed wave ((y)) of 4 in higher degree. Pair has turned higher in wave 5. Up from wave 4, wave (i) ended at 163.15 and wave (ii) dips ended at 162.62. Wave (iii) higher ended at 164.12, wave (iv) ended at 163.79, and wave (v) ended at 164.43 which complete wave ((i)). Pair then pullback in wave ((ii)) towards 163.6. Pair has resumed higher again afterwards in wave ((iii)). Up f

$Coinbase Global, Inc.(COIN)$  $Marathon Digital Holdings Inc(MARA)$  $CleanSpark, Inc.(CLSK)$  $MicroStrategy(MSTR)$  $GraniteShares 2x Long COIN Daily ETF(CONL)$   I believe the halving event has already been priced in, such that the halving event tomorrow would not drastically cause an upward swing in the price of Bitcoin. 🚩🚩Rather, I'm skeptical and inclined to believe that the price of Bitcoin and crypto related stocks may face selling pressures tomorrow as people take profit. Just like what happened on the day Spot Bitcoin ETFs get approved. H

In response to rising inflation, the Federal Reserve implemented a two-pronged approach:  * Interest Rate Hikes: The Fed raised the federal funds rate throughout 2022 and early 2023. This makes borrowing more expensive, which can slow economic activity and reduce inflation.  * Balance Sheet Reduction: The Fed also began reducing its balance sheet by letting its holdings of Treasury bonds mature without reinvesting the proceeds. This reduces the money supply in circulation, putting downward pressure on inflation. oil above 80, middle east tensions, supply chain disruptions are causing us inflation to remain elevated. recently fed officials reiterate that there is no urgency to reduce fed rate. the market reaction last night was from green to red. 

The pattern that we observed throughout the week at the NYSE index appeared to shadow yesterday’s trading session. We saw some early gains which seem to dissipate after the market show lack of strong buying interest. The dominance of decliners over advancers across both NYSE and NASDAQ was reflected in the trading session. Yesterday session saw the major indexes ended mixed, with S&P 500, NASDAQ and Russell 2000 giving their fifth consecutive loss, only Dow Jones managed to gather a marginal gain. Significant Contribution From Notable Movements In Heavy-weighted Stocks Yesterday market dynamics was largely contributed by some notable movements in heavily-weighted stocks. Microsoft, Amazon and Tesla suffered declines, with Tesla hitting their new 52-week low. Their performances had a n

Personally I prefer to dividend stocks instead of High Technology stocks. I just want to beat inflation and I don't envy other people's quick money. My portfolio were all traditional industries except HST ETF, such as public utilities, REIT, transport services, food, drinks, medical services, electronic manufacturing and tourism. The high-tech stocks were never cheap, they often turn to either trapped or sold too early in my case. Investors of high Technology stocks emotion were worried and uneasy. Technology stocks and new productivity can take a long time for technology to be transformed into real profits, but short-term operations are very laborious! I agreed only Tech stocks can earn quick money. Traditional stocks are mainly easy to understand, have good valuations, and have fixed d

Netflix $Netflix(NFLX)$ closed down by 0.41% on Thursday and is trading 4.85% lower in after-hours trading due to an earnings forecast miss. Netflix stock is currently trading 11.47% lower than its all-time high in October 2021. Netflix remains one of the best-performing stocks among the S&P 500, providing a year-to-date return of +25.5%. Recap of 1Q2024 Earnings Revenue, Operating Income, and Subscriber count have reached their all-time highs. Revenue increased by 14.8% year-over-year to USD 9.37 billion, surpassing the LSEG estimate of USD 9.28 billion. Operating Income surged by 28.1% year-over-year to USD 2.6 billion. EPS rose to USD 5.28 compared to the LSEG estimate of USD 4.52. Subscribers grew by 16% year-over-year to 269.6 million

$Taiwan Semiconductor Manufacturing(TSM)$, the world's largest manufacturer of advanced chips, crushed analyst expectations in their first-quarter earnings report. This stellar performance, fueled by surging demand for AI chips, has investors wondering: is this a "buy the hype, sell the news" situation, or is TSMC a long-term winner? Let's dive deeper. The numbers speak for themselves. TSMC smashed both revenue and profit expectations, reporting a 16.5% year-over-year increase in revenue and an 8.9% increase in net income. This impressive showing can be attributed largely to the booming demand for AI chips. The rise of powerful language models like ChatGPT and similar applications is driving the need for more powerful and

Market OverviewU.S. stocks closed near the unchanged mark on Thursday (Apr. 18), as investors sifted through the latest corporate earnings, while economic data and comments from Federal Reserve officials suggested the central bank was unlikely to cut interest rates in the near future.Regarding the options market, a total volume of 40,840,742 contracts was traded, down 11% from the previous trading day.Top 10 Option VolumesTop 10: $TSLA(TSLA)$, $NVDA(NVDA)$, $AAPL(AAPL)$, $AMD(AMD)$, $TSM(TSM)$, $AMZN(AMZN)$,