To The Moon

Investment HighlightsGame business "stops falling" and rebounds, old games revitalized, expectations and water flow hit three-year highs. Overall, compared with the bottom of the last quarter, Q1 game revenue of 48.1 billion, flat year-on-year, or better than market expectations.Domestic game revenue fell by 2 points, but the water flow began to rebound. The old games "King's Honor" and "Peaceful Elite" instead regained growth because of the new, and "Golden Shovel Shovel", a number of games, exceeded the market expectations in terms of water flow and also hit a new high, which also reflects the industry-wide rebound, as well as the fact that the influence of the old IPs is still important in the absence of explosive hand travel in the industry. In addition, in last year's Q4 was criticize

$iQiyi Inc.(IQ)$ is scheduled to release its earnings on 16 May 2024 before market open. There have been some strength in yesterday trading for IQ as china stocks have a breakout rally which is set to continue. But I think we need to look at how IQ have been participating in the AI revolution. We can see that there have been a vast array of potential applications for AI in the entertainment industry. One advantage that IQ have created for itself is they waste no time in deploying them. One advantage we need to take note is IQ is trading more than 50% below its fair value. iQiyi AI Journey and The Efficiency Generative AI is being used to improve ad creation, mass production of marketing materials and generation of plot summaries. The efficiency of

* Caution returns as investors stay on the sidelines ahead of Fed's Powell speech; Hang Seng soars to 9-month high on earnings optimism 🇺🇸 S&P 500: -0.02% 📉 🇺🇸 Nasdaq: 0.29% 📈 🇪🇺 Stoxx 600: 0.09% 📈 🇯🇵 Nikkei 225 Index: -0.13% 📉 🇭🇰 Hang Seng Index: 0.81% 📈 🇨🇳 CSI 300 Index: -0.04% 📉 * U.S. stocks were mixed, with the S&P 500 -0.02% edging lower and the Nasdaq Composite inching up 0.3% as caution grew ahead of key inflation data and earnings reports. * Asia-Pacific stocks were mixed, with Hong Kong's Hang Seng rising 0.8% to close above 19,000, while China's CSI 300 -0.04% edged lower as markets were optimistic about an earnings recovery and hoped policy support would replace the weekend Released on pessimistic credit expansion. The Nikkei 225 briefly fell -0.1% ahead of quarterly gr

$GameStop(GME)$ saga coms again. Since it's a meme stock, it's certainly not a fundamental thing, nor the techie investors can explain it.ImageMost of the investors believe they can beat Wall Street, but last time, it turns out the wall street is in their battle inside.Apparently, short squeezing has become a market hotspot.From Short Interest's point of view, both GME and other meme stocks saw a sharp drawdown in shorts yesterday. Will be a Melvin Capital again?.From options standpoint, these meme stocks have once again jumped to the top of the list both in terms of volume or IV. I'm sure when more options contracts come out today, activity can be pushed up even further.Be careful:1. Options are more actively traded now than they were three years

BTCUSD (Bitcoin) has been in a strong uptrend since November 2022. The previous all-time peak was seen on November 8, 2021 and was broken in March 2024 when Bitcoin made a new all-time high at 73794 on March 14, 2024. It has since seen a pull back which reached a low of 56500 on May 1, 2024 and is now turning higher again. Today, we will take a look at the bigger picture of Bitcoin, what are the upside targets and any possible detours which can take place. BTCUSD Weekly Elliott Wave Chart 7 May 2024 The Bitcoin chart below shows it completed an expanded FLAT correction in November 2022 and resumed the rally. Wave ((1)) ended at 31035, wave ((2)) completed at 24920 after which it resumed the rally in wave ((3)). Within wave ((3)), wave (1) competed at 49048, wave (2) completed at 38505, wav

Short Term Elliott Wave View on Nvidia (NVDA) suggests the stock ended correction on 4.20.2024 at 756.06. From there, the stock starts a new impulsive rally. Up from 4.20.2024, wave 1 ended at 846.07 and pullback in wave 2 ended at 776.80. The stock extends higher in wave 3 towards 887 and dips in wave 4 ended at 852.66. FInal leg wave 5 ended at 888.19 which completed wave (1) in higher degree. The stock then pullback in wave (2) with internal subdivision as a zigzag Elliott Wave structure.  The stock has resumed higher in wave (3). Up from wave (2), wave ((i)) ended at 860 and dips in wave ((ii)) ended at 823. The stock then nested higher with wave (i) ended at 856.6 and pullback in wave (ii) ended at 832. Wave i of (iii) ended at 866.84 and dips in wave ii of (iii) ended at 859.17.

When the market saw signs of easing in the Israeli-Palestinian conflict, talks on a hostage-swap ceasefire between Israel and Hamas collapsed. Although this incident has only slightly reacted to gold and silver prices at present, the actual impact on the financial market does not stop there. At present, there is only the last base of Hamas-Rafah. If Israel forcibly penetrates, it will definitely hurt a large number of innocent people. At that time, it may arouse greater international opposition and corresponding actions. At present, Israel is unwilling to make concessions to attack Rafah, and it will have an impact on the financial market when it does it. We may see the market in March-April replicated in May-June, that is, the US stock index adjusts, precious metals are strong, and crude