To The Moon

Chinese “pure play” electric vehicle carmaker NIO Inc. ($NIO Inc.(NIO)$ or $NIO Inc.(NIO.SI)$ ) — a long-touted “Tesla Killer” — announced its second quarter (Q2) earnings for its Fiscal Year (FY) 2024 on the 5th of September. By no means was the stock a massive earner in the Year Till Date (YTD) until then. However, the stock had risen by a massive 47.35% from a month before the earnings release. Since the release and as of the 11th, the stock has held steady. Early trends for the 12th indicate a significant downturn in the single-digit percentage range. Interestingly, the bulk of the price accrual seen in the American Depositary Share (ADS) noticeably occurred during the first week of Se

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,562.65 points, up 3.13% points last week.During the last 5 trading days, $SingPost(S08.SI)$, $NIO Inc.(NIO.SI)$, $Sinarmas Land(A26.SI)$, $Kasikorn Bank TH SDR(TKKD.SI)$ and $SEMBCORP INDUSTRIES LTD(U96.SI)$ are the top 5 weekly gainers, up 8.05%, 7.55%, 6.38%, 6.36% and 6.17% respectively.$t PTTEP TH SDR(TPED.SI)$, $TCIL HK$(T15.SI)$</

Global oil market is currently facing a significant challenge due to an oversupply of oil. This has led to a drop in oil prices, which is a growing concern among oil-producing countries. The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, have been trying to manage this issue by cutting production, over the past 2 years. (see below). Despite these efforts, oil oversupply continues to impact the market. On 06 Sep 2024, OPEC+ has once again agreed to delay a planned oil output increase for October and November 2024 after crude prices hit their lowest in 9 months. OPEC+ even qualified that it could further pause or reverse the hikes if needed. These measures have been aimed at stabilizing the market and boosting prices. Effectiveness of these cuts is

🟩 Discover how Mapletree Pan Asia Commercial Trust (MPACT) is poised to benefit from potential interest rate cuts in this in-depth analysis. As one of Singapore's leading REITs, MPACT's unique position in the market could lead to significant gains for investors. $Mapletree PanAsia Com Tr(N2IU.SI)$ In this video, we break down: • The factors making MPACT particularly sensitive to interest rate changes • How MPACT's leverage and debt structure play a crucial role • DBS Group Research's bullish outlook on MPACT • Potential risks and considerations for investors Whether you're a seasoned REIT investor or just starting out, this video provides valuable insights into the relationship between interest rates and REIT performance. Learn how to spot oppo

🌟🌟🌟The word "Trading" implies the frequent buying and selling of stocks.  I prefer to use the word "Investing" rather than trading as I am more of a Buy and Hold kind of person. That said, to me Left Side Trading implies "Contrarian Investing". This refers to a strategy that looks for profit opportunities in trades that go against the current market sentiment.  For example, if the market is Bullish, the contrarian investor is Bearish and will look for opportunities to sell. A recent example is my tactical trade by using $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  Last week, SOXL was down 25% but this week SOXL was up 9.5%.  I bought SOXL last week when it was Bearish and this w

$LVMH-Moet Hennessy Louis Vuitton(LVMUY)$  LVMH Moët Hennessy - Louis Vuitton (OTCPK:LVMUY) is the world's leading luxury goods company, with a portfolio of 75 prestigious brands spanning fashion, leather goods, wines and spirits, perfumes and cosmetics, and selective retailing. LVMH's strength lies in its diverse portfolio of luxury brands, many with histories spanning over 100 years. These include iconic names like Louis Vuitton, Dior, Hennessy, and Tiffany & Co. The company's wide moat is built on strong brand recognition, controlled distribution, and a significant presence in key luxury markets worldwide. In essence, investing in LVMH is akin to buying into a carefully curated luxury goods ETF, offering inve

Hi everyone, today I’ll be sharing my TA for one of the semiconductor names: Micron Technology, Inc. (NASDAQ: MU) This is the first time I will be using logarithmic scales in my charts, so the scaling might look “scary”. That being said, it reduces significant chart skew. Notice how MU has marked up its trend several times in the past few decades, since its IPO in 1984. What we can see from the weekly chart is that MU has been trading in a long-term uptrend. We will now focus our attention on the 2011 marked up trend and more short-term trends. Just note there are multiple trends in play, dating back to the 2008 GFC. In short, MU is coming into the Jan’23 support trendline, while forming a bullish divergence at support. Significant volume came in at the lows, in what I deem to be a potenti