Music has become one of the most intimate companions in today's fast-paced world, be it for inspiration during a tense investment decision or for solace during a peaceful afternoon.We would like to invite you to share a song that has special significance to you - it could be a melody that motivates you in the arena of investment, or a composition that helps you find peace in the midst of a stressful environment.🎶🎧🎉📢How to participate?Share this post and tag at least one friend, inviting them to join this eventRecommend a song that has special meaning to you in the comments and share how this song has influenced your investment mindset or helped you relax.📒Event RulesThe recommended music can be of any genre, but please include the song title and the artist's name.Share your feelings about
* Wall Street rebounds on signs of cooling labor market; easing home-buying restrictions boosts Chinese stocks 🇺🇸 S&P 500: 0.53% 📈 🇺🇸 NASDAQ: 0.27% 📈 🇪🇺 STOXX 600: 0.36% 📈 🇯🇵 Nikkei 225: -0.34% 📉 🇭🇰 Hang Seng: 1.22% 📈 🇨🇳 CSI 300: 0.95% 📈 * U.S. stocks climbed to their highest levels since early April, with the S&P 500 and Nasdaq Composite rising 0.5% and 0.3% respectively, as higher-than-expected jobless claims strengthened bets on easing U.S. monetary policy Note. * U.S. jobless claims surged to 231k (forecast: 212k), the highest since August 2023 and ending a streak of four consecutive unexpected declines, one of the signs of a cooling labor market. * Asia-Pacific markets were mixed, with the Hang Seng and CSI 300 rebounding 1.2% and 1.0% respectively on solid trade data and some
Favorable Ratio of Advancing to Declining stocks -> Positive Momentum
Market saw broad gains across major indices on 09 May trading session. Increases are ranging from 0.3% to 0.9%. The S&P 500 notably broke past the 5,200 resistance level, marking its first close above this mark since April 9. The market's positive momentum was supported by a favorable ratio of advancing to declining stocks; at the NYSE, advancers led decliners by a 5-to-2 margin, and by a 3-to-2 margin at the Nasdaq. Sector and Stocks Performance Many stocks like Equinix and NRG Energy which surged by 11.5% and 7.8% respectively following their strong earnings reports and guidance helping to make them the top performers in S&P 500. But we also have some losers, EPAM systems declined significant by 27% after their disappointing earnings results and guidance making it the worst per
NIO Celebrates Production Milestone: NIO, a leading Chinese premium electric vehicle developer, recently celebrated a production milestone by rolling off its 500,000th passenger vehicle at its assembly plant in Hefei. The company continues to establish itself as a leader in the premium electric vehicle segment in China while expanding globally. Launch of Lower-Priced Brand: NIO is set to launch its lower-priced brand called Onvo on May 15. The first model under the Onvo brand, the L60, will be a family-centric smart battery electric vehicle (BEV) priced around RMB 250,000. This places it in the same segment as Tesla's Model Y. The launch of Onvo comes amid a price war in China's electric vehicle market, with other companies like Xpeng also planning to release sub-brands.
Big-Tech’s PerformanceThe impact of the delayed interest rate cut has made the earnings season tougher for growth stocks, with any indicators such as current quarter results, forward guidance, and industry competition worrying investors and potentially causing a selloff, and fewer losses overall. On the contrary, the big technology companies are also more certain expectations, higher quality assets are favored by investors.Through the close of trading on May 9, the best performers over the past week were $Meta Platforms, Inc.(META)$ +7.64%, which will rebound from its earnings plunge, followed by $Apple(AAPL)$ +6.67%, which strongly rebounded after earnings, then $Mi
I agree with my American friend. He mentioned that there is a forming of a double top. Would we see some corrections in the coming days? Will the run continue with minor bumps? $S&P 500(.SPX)$
$STI ETF(ES3.SI)$ STI ETF Poised for Continued Growth Until Leadership Change The Straits Times Index (STI) ETF, a popular exchange-traded fund tracking Singapore's benchmark index, has been on a positive trajectory in 2024. Year-to-date, the STI ETF boasts a return of 3.25%, and just recently achieved a new high of 3,370. This momentum is expected to continue in the coming days leading up to the 15th of May, when Singapore welcomes its new prime minister. Leadership Change and Market Optimism Leadership transitions can often bring a wave of optimism to the markets. Investors may anticipate increased spending, policy changes, or a general feel-good sentiment that can buoy stock prices. This, coupled with the ST
$ocbc bank(O39.SI)$ OCBC Soars in Q1: Strong Profit and A Bullish Future OCBC's first-quarter earnings report painted a rosy picture for the Singaporean bank. Net profit rose 5% year-on-year to S$1.98 billion, exceeding analyst expectations. This positive performance was driven by strong growth in operating profit. Beyond the Numbers: A Look Ahead The report highlights not just the current strength of OCBC, but also its exciting future potential. Here's why I'm bullish on their growth trajectory: Strategic Borrowing: OCBC's ability to leverage its borrowing power can fuel further expansion and investment in key areas. AI at the Forefront: By embracing AI capabilities, OCBC can streamline operations, enhan
$Coinbase Global, Inc.(COIN)$Developer activity on Base increased 8x QoQ in Q1, and it processed over 2x more transactions than Ethereum in April, more than any other L2. Paired with Coinbase’s goal of consistently making Base transactions sub-second and sub-cent, this cycle could see the mainstreaming of Base. What could that mean for Coin? Base has the potential to be a massive revenue generator for Coinbase, with extremely high gross margins. Over the next 2 years, that growth could result in additional revenues ranging between $500m and $2b from Base fees. That could put Coinbase in a similar position to Amazon, which started as an online bookstore before expanding to mass retailing. People think of Coinbase as a cry
$Coinbase Global, Inc.(COIN)$More bearish patterns have formed since the time of the previous analysis.We now have a head and shoulders pattern. Head and shoulders usually go to at least 1.61 extensions of the head. This is a bit under 180 in COIN, so I am buying puts for that strike.I think this may have a bit of a rally from this area but if we do I'm going to short call spreads into it.Stops on the setup are 234.Calls sold into rally.
$Coinbase Global, Inc.(COIN)$COIN updatthis seems to be a bigger inverse head and shoulders same target $270-$280 i’d say by late May or early June$360 - $400+ afterwards by late June/early Julylooking like sideways/slow bleed until end of week, next week should be very positive for crypto
$Coinbase Global, Inc.(COIN)$A few things as someone who used HOOD and now uses COIN.. both suck tbf. Coin fees are way too high and even with coinbase one the spread on a market order is insane. BUT HOOD at tax season feels like scratching your eyes out. Their tracking is horrific if you move funds around
$XIAOMI-W(01810)$what I can't understand: How is Xiaomi doing so many different things. And even doing it well? Phones, cars, humanoid robots, all kinds of devices... It's insane. And then a market cap of 50 billion USD. Laughable with this outlook. Sold 20,000 non-refundable EV’s within the first 36 hrs of presale, get ready for disruption!
$XIAOMI-W(01810)$Just one more competitor to add to the pack. Xiaomi is going to be selling at a loss which is bad news for everyone else. The car business is cutthroat and there are a few dozen other companies with new models always coming for your lunch. That's why car companies have P/Es of 10. Except for Tesla. Tesla is pushing 85 with EPS dropping to 2 bucks. The "50% growth" and "20 million vehicles per year by 2030" turn out to be just so much nonsense. The battle is just beginning and it's going to get worse.
$XIAOMI-W(01810)$Xiaomi is late, but having an established brand image/name is a plus. The SU7 has received significant coverage in China, which is a sign of strong branding. The key question remains around mid to long term brand price positioning (maybe above XPeng and below Nio?). Having a charismatic leader is a plus in a world increasing susceptible to Messiah marketing and one word labels.
. The Story So Far: On Wed, 08 May 2024 $ARM Holdings Ltd(ARM)$ provided its 2024 full-year revenue forecast, and it did not meet investors’ expectations. These investors had previously driven up the chip designer’s shares after its $51 per share initial public offering (IPO) in September 2023, due to optimism around artificial intelligence (AI). Following the report, Arm’s shares fell by almost -9% during extended trading to $96.56 per share. While Arm’s Q4 2024 (Jan to Mar) earnings exceeded expectations, its full-year guidance highlights uncertainty regarding the pace of AI computing expansion. Summit Insights, Analyst Kinngai Chan explained, “The drop in shares is due to the outlook. Arm was priced for outperformance, which did not materialize
In the $Walt Disney(DIS)$ Spotlight, I laid out the long-term vision I see for Disney:Parks and Experiences are the foundation and a cash machine to fund a move into streaming.Linear TV will provide scale and cash flow but is ultimately a dying business.Streaming is the future and Disney can build a #1 or #2 position in the market.Owned content (Pixar, Marvel, Star Wars, Disney Animation) provides a tentpole for Disney’s streaming business.General entertainment (Hulu) fills in general entertainment or filler content.ESPN rounds out the streaming bundle as the “must-have” sports streamer through ESPN over the top (coming in fall 2025)If the strategy comes together, Disney could monetize through subscriptions and advertising to have compelling price
Downward Pressure Persists: SHOP, TSLA, and ABNB Face Bearish Trends
1. $Shopify(SHOP)$ Here's a theme I think we're going to see over the next few years that I call, "Great Business, Terrible Stock".Paying 14x sales for a company growing at 90% is fine, but when growth falls to 20% the multiple eventually drops.Image2. $Tesla Motors(TSLA)$ What happens when you introduce a lower-cost vehicle under the same brand? Cannibalization!Image3. $Airbnb, Inc.(ABNB)$ The stock may be down, but find comfort in a 41% FCF margin over the past year and $800 million in interest income from cash just chillin' on the balance sheet.https://twitter.com/TravisHoium/status/1788265025343250885
Bullish Momentum Builds: CROX, HOOD, and CELH Will Surge Upward
1. $Crocs(CROX)$ Work From Home = Wear More Crocs Image2. $Robinhood(HOOD)$ YOLO trading was a boon until the market dropped in 2022. Is this time different/more sustainable?Image3. $Celsius Holdings, Inc.(CELH)$ Wouldn't be surprising to see 2024 be a breather year for Celsius' growth. Sell-in (retailers just filling inventory) can be a huge boon to growth initially but it creates a growth lag as sales move to natural restocking of sell-thru (sales to end customers).Imagehttps://twitter.com/TravisHoium/status/1788660660831728076