I opened 1000.0 share(s) $TRACKER FUND(02800)$ ,HSI ETF was a nobody wanted child. I accumulated it at bargain prices. I believe in China, and those HSI companies provided decent dividends.
$Apple(AAPL)$ The Apple faithful are getting ready for a whirlwind week as the Worldwide Developers Conference (WWDC) kicks off on June 10th, 2024. This annual event is a highlight for Apple enthusiasts and investors alike, offering a glimpse into the future of the tech giant. A Peek Behind the Curtain: WWDC is traditionally where Apple unveils its latest software updates for iPhones (iOS), iPads (iPadOS), Macs (macOS), and Apple Watches (watchOS). This year's rumors are swirling with anticipation for iOS 18, which might introduce features like emoji reactions for iMessage and a dedicated Passwords app. Updates for iPadOS 18 and macOS 15 are also expected, potentially bringing further refinement and functional
Options Market Statistics: GameStop Shares Tumble and Options Pop Amidst Disappointing Q1 Report $GameStop(GME)$ shares ended 39.38% lower. Its options trading volume was 2.39 million. Call contracts account for 62.5% of the total trading volume. The $40 calls expiring June 7 were traded most actively. The company reported Q1 revenues of $882 million, a decrease from $1.237 billion in the same quarter of the previous year and falling short of the anticipated $995.5 million. The quarterly loss stood at $32.3 million, an improvement from the $50.5 million loss seen in the same quarter last year, yet with an adjusted per-share loss of $0.12, it did not meet analysts' expectations. Such disappointing results suggest that Gamestop is e
Tesla vs. Faraday Future Intelligent Electric Inc. (FFIE): A Comparative Analysis The electric vehicle (EV) market has witnessed exponential growth over the past decade, with Tesla and Faraday Future Intelligent Electric Inc. (FFIE) emerging as notable players. While Tesla has become a household name, FFIE is a newer entrant with ambitious plans. This article compares the two companies in terms of history, technological advancements, market strategies, and future prospects. Historical Background **Tesla:** Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla's mission is to accelerate the world's transition to sustainable energy. Elon Musk, who joined shortly after, has been the driving force behind Tesla's rise to prominence. Tesla introduced its first car, the Roadster, in 2008,
Why is Faraday Future Is Up 12% On Friday? Good news?
🌟🌟🌟I am surprised that $Faraday Future Intelligent Electric Inc.(FFIE)$ is up 12.2% today even though other Meme stocks like Gamestop and AMC were down. What happened? Faraday Future CEO Jia Yueting announced on a YouTube video that Faraday Future had restarted deliveries of its EVs. CEO Jia revealed that the first delivery of an FF91, a 4 door crossover /SUV went to a retail customer. This EV featured ample cargo space, high ground clearance and supercar performance. Mr Jia said that the resumption of deliveries may represent a turning point for Faraday Future. He said that there are 3 goals for Faraday Future. They are to secure strategic investment, to increase production capacity and
Today is Hari Raya Haji. How will you spend this public holiday? Will you go to the mosque to pray or hang out? During Hari Raya Haji, people visit family and friends. It is an important social occasion where people exchange greetings, share joy, and happiness.Haji Lane is also a good choice. It is a Muslim area that blends Malay, Middle Eastern, and Moroccan styles, featuring shophouses, murals, brass lamps, and mosques.Will you stay at home and share Hari Raya Haji delicacies with your family?One of the biggest highlights of Hari Raya Haji in Singapore is the variety of delicious pastries and foods. 🥪 During Hari Raya Haji, people taste traditional delicacies such as Malay rice dumplings, assorted porridge, satay, and rendang, which are all special foods for the festival. 🥰How will you c
Weekly: A ‘triple-witching’ day is around the corner, investors are wondering the tech rally
Last Week's RecapThe US Market - The Nasdaq eked out a fifth straight record closing highThe tech-heavy Nasdaq eked out a fifth straight record closing high on Friday, while the S&P 500 and the Dow ended the day lower.Hopes for a continued cooling of inflation have boosted the S&P 500 and Nasdaq this week. The S&P 500 and Nasdaq Composite ended the week higher by about 1.58% and 3.24%, respectively.The new economy projections show just one 25bp rate cut this year, down from three in March. Economists forecast two rate cuts. Despite the hawkish Fed shift, markets raised the odds of a September rate cut as well as the chances of two cuts in 2024.The CPI and PPI inflation reports came in below expectations. The overall CPI was unchanged from April, amid lower energy prices. The co
Weekly Top Contributor (10Jun-16Jun): Congrats to these Tigers on winning $225 vouchers in total!
🌟 Welcome to our "Top Contributor" Awards Program! 🌟Congratulations to the outstanding contributors who made last week unforgettable! You are the heartbeat of our community, and your dedication shines bright.Weekly Top Contributor ($25 stock voucher): @第N次大变革大分流@hawshy@nerdbull1669 Weekly Top Contributor ($15 stock voucher): @Barcode@TigerOptions@Fenger1188@Shyon
Hello, everyone,Today I bring you the latest on hot cryptocurrencies:TOTAL2 - Great Monthly StateTOTAL2: TOTAL2 - Great Monthly StatePrice has poised itself right above the Gaussian Channel on this Monthly timeframe and is looking to form a bullflag just above it. This will allow for a massive bull run up to highs we have never seen before. Very bullish observationXRPUSD - Bull DreamsXRPUSD: XRPUSD - Bull Dreams Price has been moving relatively sideways since the blast off in 2017 if you use these horizontal channels The circles placed is the middle of the structure within each horizontal channel. Assuming a great bull move to come this creates a similar structure to the pre 2017 XRP. Bullish XRPUSD on this Weekly timeframeBLURUSD - Falling WedgeBLURUSD: BLURUSD - Falling WedgeThe down per
$Tesla Motors(TSLA)$ A symmetrical triangle is forming on this TSLA chartThese tend to break to the upside.The white lines are strong trend lines if the triangle ends up breaking downBullish stock choice.https://www.tradingview.com/chart/TSLA/4sTlhvK7-TSLA-Weekly-Symmetrical-Triangle/
Two unexpected media announcements this week came from $Walt Disney(DIS)$ and $Netflix(NFLX)$ .Disney added the Saw franchise of movies to the Disney+ app through the Hulu tile and Netflix will air a live hot dog eating contest between Joey Chestnut and Takeru Kobayashi. Talk about the unexpected!What in the world are the streamers doing?They’re leaning into the smiling curve! Both companies want content that either appeals to a wide number of people or will draw passionate fans that are incremental to the core business.Disney isn’t known for horror, so it’s bundling Hulu’s more adult entertainment with Disney+ and Saw is part of the strategy to draw subscribers looking for adult content. ESPN+ is the spor
$Amazon.com(AMZN)$ Similar to $Alphabet(GOOG)$$Alphabet(GOOGL)$ on March, the Cup with Handle Setup looks promising, even better if the handle is formed after the latest weekly shooting star.The cup with handle is a bullish continuation pattern used in technical analysis to identify potential stock price movements.GOOG has been consolidating during four weeks at the resistance level shared in March when the setup was formed. The same realistic metric was shared for Amazon yesterday.The complete technical analysis was shared in the latest Weekly Compass, information in profile. $Invesco QQQ(QQQ)$
Evaluating ARK Innovation ETF (ARKK): A High-Stakes Bet on Future Growth
The ARK Innovation ETF (ARKK) has been making waves in the investment world, offering exposure to a portfolio of disruptive growth companies. As an investor seeking to capitalise on the future of innovation, ARKK presents an intriguing opportunity – but is it worth the risk? Let's delve into the current financial data and unique metrics to evaluate this growth powerhouse. Rocketing Growth Stocks on Market Display Impressive Growth, But at What Cost? One standout metric is the fund's weighted harmonic average revenue growth rate, which currently stands at an impressive 38.7% as of Q2 2024. This figure is driven by the explosive top-line expansion of holdings like Tesla (64% revenue growth in Q1 2024) and Coinbase (59% year-over-year growth in Q1 2024). However, growth alone doesn't tell the
Overview As U.S. inflation shows signs of easing, the market's anticipation of a potential interest rate cut by the Federal Reserve has increased, leading to a significant rise in gold prices. Over the past week, spot gold has surged by more than 1%, reflecting renewed investor interest in the precious metal. This report delves into the recent movements in gold prices, examines the factors driving these changes, and provides an outlook on future trends. Gold Prices Rally on Rate Cut Hopes On Friday, spot gold prices climbed by 1.25%, reaching $2,332.55 per ounce. In contrast, gold futures closed down by 1.3%, settling at $2,349.10 per ounce. This disparity between spot and futures prices highlights the dynamic nature of gold trading and investor sentiment in the current market. According t
Overview: Oil prices experienced modest declines on the back of deteriorating U.S. consumer confidence, yet they posted a notable 4% weekly gain, reflecting strong demand for crude and fuels. This movement marks the highest weekly increase since April, despite a minor drop in prices by the end of the trading week. Weekly Performance and Key Figures: On Friday, Brent crude oil prices dipped by $0.13, settling at $82.62 per barrel, while West Texas Intermediate (WTI) crude decreased by $0.17, closing at $78.45 per barrel. Despite these small declines, both Brent and WTI saw a substantial increase of nearly 4% over the week, marking their strongest weekly performance in several months. Impact of U.S. Consumer Confidence: The dip in oil prices on Friday can be largely attributed to a significa
Are We in a Market Bubble? Examining the Surge of the 'Magnificent 7'
Overview: In the past two months, the combined market value of the 'Magnificent 7'—Alphabet (Google's parent company)$Alphabet(GOOG)$ , Meta, Apple$Apple(AAPL)$ , Microsoft$Microsoft(MSFT)$ , Amazon$Amazon.com(AMZN)$ , Tesla, and Nvidia—has surged by an astonishing $2 trillion, pushing their total valuation past $15 trillion. This massive valuation now represents more than 58.9% of the U.S. GDP. This rapid and significant increase in market cap has sparked concerns and debate
NVIDIA's Ascent: Riding the AI Wave to New Heights
Overview: The Broader Market Trends As artificial intelligence (AI) technology becomes increasingly integrated into various sectors, investors are keen on identifying opportunities to capitalize on this transformative wave. NVIDIA $NVIDIA Corp(NVDA)$ , a leading AI chip manufacturer, is at the forefront of this revolution, consistently reaching new stock price highs. Despite these peaks, NVIDIA's CEO, Jensen Huang, remains unfazed by market valuations, focusing instead on the company's innovation and strategic positioning in the global market. NVIDIA's Rising Dominance in AI: NVIDIA's trajectory in the AI domain has been nothing short of spectacular. Jensen Huang predicts that humanoid robots will see significa
Hong Kong stocks had a rough ride this week, with the $HSI(HSI)$ dropping 2.31%!Sector-wise, it was mostly red ink with only IT and daily consumption ending in the green. The rest? All down!On the news, Wednesday brought some good news from the US. Their May CPI rose 3.3% year-on-year, slightly down from the previous and expected 3.4%. Even more impressive, the core CPI, excluding food and energy, hit a three-year low at 3.4%, below the expected 3.5% and previous 3.6%.Analysts on Wall Street are now expecting two rate cuts this year. US stocks soared, but Hong Kong stocks just gave a shrug.In the long run, if the US enters a rate-cutting cycle, it'll boost the appeal of Chinese assets.Domestically, our May CPI rose 0.3% year-on-year, up for the fou
If you were at the sideline thinking of buying $Broadcom(AVGO)$ shares, now the company have provided more reasons why it is time to seriously consider to buy this stock. After Broadcom announced a 10:1 stock split in its record-breaking fiscal Q2 results, Broadcom now expects this performance to continue, fueled largely by demand for its artificial intelligence (AI) solutions. While Broadcom does not make the same chips as $NVIDIA Corp(NVDA)$, it does build components that are critical for networking applications including those needed in AI data centers around the world. ASIC Chips Design For AI Applications - Broadcom Forte Since the early 1990s Broadcom has been around, they design ASIC