To The Moon

$Netflix(NFLX)$ Stock Hits Another Record on Wednesday.All Time High: Who Will Drive the Year-End Rally? $Netflix(NFLX)$ price-target raised to Wall St. high of $1,100 (from $925) at Pivotal Research: "Post the (mostly) successful Tyson/Paul fight, which was streamed by a massive ~65M households (and likely ~150M+ viewers) we raised our medium/long term subscriber and ARPU forecasts, which combined with a modest increase in our terminal EBITDA multiple led to a $175 increase in our NFLX YE’25 target price to $1,100.We use the term “mostly” given the massive demand led to some streaming issues with certain households early in the broadc

Market SnapshotSingapore stocks opened flat on Thursday. STI was unchanged, Singtel fell 0.96%, Nio fell 0.84%, Keppel DC Reit fell 1.32%, Keppel Pacific Oak rose 4.7%, YZJ Shipblg rose 1.5%.Stocks to WatchSingtel : The telecom group on Thursday announced changes to its senior management, to support new business priorities of its growth plan. Singtel Singapore’s deputy chief executive Anna Yip will relinquish her role to lead an expanded and rebranded business development function. Veteran Mark Chong was also appointed group chief corporate officer, as part of a wider senior management change. The company’s shares ended Wednesday 3.1 per cent or S$0.10 lower at S$3.13.Nio : The Chinese electric carmaker said on Wednesday its net loss widened to 5.1 billion yuan (S$945.5 million) for its th

$NVIDIA Corp(NVDA)$ - The initial reaction to Earnings Report is Bearish, there is a bearish MACD cross so a pullback is likely.However: Nvidia beat expectations for sales and earnings, while delivering a better-than-expected forecast for the current quarter. Revenue is rising 94% YoY.Fundamentals are keyImage $.SPX(.SPX)$ A Gap Fill is BrewingThe initial reaction to NVDA's earnings report is bearish, and the bearish MACD crossover printed in the SP500 suggest a gap fill is likely to occur.The 20DMA acted as support during four days in a row, let's see if the fifth is the charm tomorrow.Image

$.SPX(.SPX)$ - Bullish Engulfing Candle: The bounce looks solid, the 4 hours timeframe is neutral. Continuation is likely.The key element to watch is the $Cboe Volatility Index(VIX)$ , it jumped +4.94% and also suggests continuation. $NVIDIA Corp(NVDA)$ will dictate the direction of the next leg.The bullish setup with that Volatility is not clean.Image $.DJI(.DJI)$ : The dragonfly candle bouncing from the 20DMA is bullish, however the gap below and oscillator trending down are reasons to be cautious. Bullish confirmation is needed.As mentioned yesterday, the VIX is also an element to be careful about.Image