To The Moon

Stock market was pretty quiet and calm for majority of the trading session. We began to see a late afternoon rally effort which helped to close third quarter strong. Losses were minimal even when we saw the day’s lows during the time around 2.30pm ET when we heard comments from Fed Chair at an NABE Conference. Fed Chair indicated that if the economy evolves as expected, there would be two more cuts this year of 25 basis points each. The fed funds futures market had anticipated a total of 75 basis points worth of cuts before year-end, causing some initial selling interest that pushed the S&P 500 down by as much as 0.6%. The probability of a 50 basis point in November is at 38%. However, the market quickly rebounded, buoyed by the understanding that the Fed will still cut rates and will

As we have seen recently on how the semiconductor and tech stocks performance have dwindled towards the end of September 2024, this might makes some of us wonder are we going to see AI bubble burst? Actually this debate is not new, it has been going on since early 2024, and market forecasters has indicated inflated expectations and over-investment in AI will likely lead to market saturation and disappointment. This is on top of the AI arms race which has been developing. Gartner AI Hype Cycle - 2023 So where are we now actually in AI hype cycle, as Gartner has published its 2023 AI hyper cycle in 2023 summar, we are seeing generative AI was already reaching the “peak of inflated expectations” and close to tumbling into the infamous “trough of disillusionment.” So we may ask where is the op

As October 2024 approaches, with the stock market unfolding its complexities and possibilities for investors, Forbes takes a look at stock picks in today's market scene. It would be based on (a) financial performance assessment and (b) growth potential projections, amidst an evolving global economic conditions and promising sector developments. Selection Criteria. To choose stocks for “buy” considerations, following indicators were used: (see below) Revenue growth. Profit margins. Debt levels. Market standing. Competitive edge. Industry trends. Technological advancements. Potential regulatory effects. Last but not least, each stock is also considered and selected based on its: Potential to yield short-term profits. Create long-term value. Forbes - Oct 2024 Top Picks. Forbes - Top 5 stock p

With the surge in money supply, some stocks that were once ignored by the market might finally catch a break. Despite a few bumps along the way, the bull market for the $S&P 500(.SPX)$ hasn’t lost momentum. So far in 2024, this index representing large-cap U.S. stocks has soared over 20%.But the value of the S&P 500 is getting super concentrated in just a few stocks. More than 20% of the index’s value comes from just three companies— $Apple(AAPL)$ $Microsoft(MSFT)$ $NVIDIA Corp(NVDA)$! The top ten stocks make up about 35% of the index, hitting the highest concentration level since the 1960s.These big players are