$Invesco QQQ Trust-ETF(QQQ)$  I am bullish on QQQ the next upcoming week. We are breaking out of consolidation and heading for all time highs. Dow and Spy have already hit new all time highs and QQQ will likely continue to new ATH as well.  There is breadth in the market now with smaller names notching gains, not just the magnificent 7. That will help push the broad index up.  As long term interest rates fall, money market funds will be less attractive to investors and they will rotate their funds to equities. This will be FOMO money and push up the stock market to really overbought levels.  Expect to see Very Greedy on the fear and greed index before any pull back in mid Jan.  Good Luck Investors

Yes wow Christmas is early 

In the whimsical world of holiday-themed financial predictions, the notion of Santa hitting the streets of the stock market is more metaphorical than literal. This concept, often referred to as the "Santa Claus Rally," is a phenomenon where the stock market experiences a positive trend during the final weeks of December. While this idea is not grounded in hard economic theory, it has captured the imagination of investors and analysts alike. The Santa Claus Rally is essentially a historical pattern rather than a reliable predictor of market movements. Many attribute the phenomenon to increased consumer spending during the holiday season, positive sentiment, and a general sense of optimism that tends to prevail as the year comes to a close. Investors may be inclined to buy stocks in anticipa

Will next year will be the great year 

On tuesday, the market responded with modest gains despite a tepid inflation report, signaling that the report did not exert significant pressure on the Federal Reserve to implement a final rate hike. The $NASDAQ(.IXIC)$ led the day's performance with a 0.7% increase, while the $S&P 500(.SPX)$ and the Dow Jones Industrial Average both posted gains of approximately 0.5%. The Consumer Price Index (CPI) release provided a mixed picture, with headline price growth dipping slightly to a 3.1% annual increase, primarily due to lower gasoline prices. However, the core CPI, excluding volatile categories, accelerated to a 0.3% pace, maintaining a year-over-year rise of 4%, double the Fed's 2% inflation targe

Since being included in the $S&P 500(.SPX)$ index, the stock price of $Lululemon Athletica(LULU)$ has continued to rise. Despite not experiencing a significant jump on the quarterly earnings report on December 8th, it reached a new all-time high during the day's trading.Currently, LULU has a price-to-earnings ratio of 44 times, which, although lower than the 60+ times at the beginning of the year, is still the highest in the apparel industry (ahead of $Nike(NKE)$ 36 times). Can this valuation support the stock price?First, let's look at the growth rate. LULU used to heavily rely on in-store sales because its clothing was difficult to purchase online and requir

$Oracle(ORCL)$ fell nearly 9% after its 24FYQ2 fiscal report on Monday after market close.The main reason for the decline was underperformance: Q2 revenue was $12.9 billion, with a YoY growth rate of only 5.4%, and lower than the market's expected $13.05 billion. Earnings per share were $1.34, slightly higher than the market's average expectation of $1.32.Total cloud revenue was $4.8 billion, with a growth rate of 1.6%, while the market expected $4.86 billion.Remaining performance obligations were $65 billion, with a YoY increase of 6.2%, exceeding annual revenue.However, the market was not satisfied with these results because the growth rate of the cloud business was already set very low and still fell short of expectations, considering the signi

December FOMC meeting is coming, with the last suspenseful suspense of the year being revealed. Rate hikes are definitely over, and the market is just betting on how much longer the Fed's "Higher For Longer" will last. According to CME interest rate trading, the market is betting on five rate cuts (25bps each time) throughout the year 2024, starting from March.And over the past month, the long-term US Treasury bond yield quickly dropped from 5% to 4.2%, becoming the main driving force behind the performance of assets including US bonds, stock markets, gold, and cryptocurrencies. So, what might be the stance of the Federal Reserve at the December FOMC meeting?We anticipate:1. No further interest rate hikes, maintaining the current level of rates, in line with market expectations.2. An upwar

$OVERSEA-CHINESE BANKING CORP(O39.SI)$ Bullish soon 

S&P500 and Nasdaq continued their rally and clinched their highest closing levels since early 2022. The S&P500 is now up a whopping 20% this year. Investors are believing that we are about to have a soft landing scenario. So, can the Federal Reserve really pull off a soft landing, or has 2023’s recession been postponed till 2024? Let’s discuss them in my latest video. Have lots of things to share for my options trades. Interested viewers please stay throughout the video! Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Google + Option trades  ======== Soft Landing or Recession? [US Stock Market Analysis] https://youtu.be/1cOjWQvN9xQ$SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ

Is the market slowing down??

Thanks to Tiger for awarding the weekly top predictions for QQQ. Stocks finished higher Friday, with the S&P 500 notching its highest level of 2023. CPI next Tuesday and Fed pause could propel the index into Santa rally by year end 🥳 The S&P 500 posted its highest close of the year last week, but had yet to exceed its 2023 intraday high set in July until Friday, when it topped 4,609 in afternoon trading. The benchmark is now up about 20% on the year and trading at its highest level back to March 2022. November’s nonfarm payrolls report showed an unexpected drop in the unemployment rate. The jobless rate fell to 3.7% in November from 3.9% the prior month. It was expected to remain the same. The economy added 199,000 jobs, slightly ahead of the 190,000 estimate from Dow Jo

Public Holidays No public holidays in the coming week for Hong Kong, China, Singapore and the USA. Economic Calendar (11 Dec 2023) Notable Highlights Fed’s interest rate decision should dominate the headlines in the coming week. We can expect to be volatile leading to this announcement. Auction of Treasury note and bond. This deserves some attention as this is deemed a relatively safe asset class. This is used to finance the deficits incurred by the Federal government. CPI. This is the common indicator used to reflect inflation. This should be the next most closely watched data which has significant implications for the Fed’s coming interest rate decisions. Retail Sales & Core Retail Sales - this is an indication of consumer health. Initial Jobless Claims - This is a reflection on t

As the clock ticks down on the upcoming FOMC review next week, the market is increasingly pricing in an eventual end to the monetary tightening cycle to rein in a sticky inflation not seen in decades. High borrowing costs have been weighing on high-growth stocks and depressed their valuations, as their incoming cash flows tend to be more distant. Hence, a halt to the rate hikes would bode well for stocks on high growth projectiles, and they may finally heave a sigh of relief. $Coinbase Global, Inc.(COIN)$ has been a stellar performer with a threefold boost in its share price year to date, amidst speculations of an eventual approval by the US Securities and Exchange Commission of an inaugural spot price-based bitcoin

No I believe the average consumer is so disenchanted and are facing burnout from the hectic political problems that Biden is creating. The continual demands by the Biden administration on there wallet/purses people are wary. And they know that the turmoil will keep going and the constant demands for climate change and other projects home heating  increases in taxes and services. On top of this the volatility on the oil and groceries energy costs for the home. I believe the average consume will leave there wallets at home Inflation and interest rates will be the grinch that steals Christmas

 News of a pause in interest rate hikes or a possible rate cut into the new year 2024 saw stocks hitting new highs. I believe this upward uptrend in the S&P 500 and the DOW would continue its push upwards in December.  For the past 21 years, the first half of the December month has seen the S&P 500 and the Russell 1000 trading sideways. A modest rally in the first week of the past 21 Decembers gave way going into the middle of the month. However, from about the 20th of December, stocks rallied. For many years the Santa Claus rally began on 23rd Devember and lasted into 2nd January of the following year. The S&P 500 gained 1.3% on average during that festive seven day period. As seen in the past 21 years, I would be buying stocks on the dips till about 20th December an