Bullish : $Adobe(ADBE)$172 billion cap - stable to go through inflation. Similarly to other Tech price beaten down almost 50%. Q2 result beat top line 16% YoY on Revenue and bottom line EPS 11% YoY. Cons: Risk as mgmt guidance on Q3 was not great. I sense the product line up will stay relavant with Cloud transitions. Adobe user will remain loyal similar to Apple model.Sideline : Trade at resistance of 370 to earn some snacks. It's that's simple. This line has been tough to break.Adobe resistance linep/s I missed the last recent rally. But I won't this time. I'm writing this to remind myself. Cheers to all Tiger friends! [Cool] Thank you for reading. 

$Amazon.com(AMZN)$known as the Weather Bell at Wall Streets $NASDAQ(.IXIC)$because the stocks tells the future and guidance. Amazon has E commerce which represent market sentiment and AWS cloud that indicate companies willing to invest cloud solutions when you can stay with On- premise IT which is workable. Challenges for Amazon in Q3.  1. Q3 Rev guidance of 127.75B which is YoY 15% growth that's the highest comparing FAANG.  Q2 annoncement  Possible? Maybe. Q2 results was good shows that they are in control of their services, workforce and salaries. Its a good representation that their consumer products and AWS are competitive. On top of that, mention about few bi

I was watching CNBC nearly every other day, trying to catch the reason. Then I came across this table which is very telling. The table indicates the average earning percentage for companies. Comparing at 2 time frame. Results is, they are continuing to put up higher forecast.What it means is this: Back in April 1st, Q2 and Q3 forecast were 54% and 19.5%. However as the reopening economy are happening, companies came forward to update their forecast higher. You can see the latest update this week for Q2 and Q3 forecast were 62% and 23.7%. That's like telling the market after one month, my earning will grow even more about 8% in Q2 and 4.2% in Q3.That's a big change. US economy is thriving and is on the hawkish mode. I could see that most of analyst are two side of the camp. But one thing th

Sell in May and Go away? Really? Many talk about A Bottom due to Inflation. Are we there yet? Nope. This is a correction from oversold territory. $S&P 500(.SPX)$$NASDAQ(.IXIC)$CPI and Inflation data are still hot. Fed has limited options to fight inflation, except to raise interest rate and QT.Best strategy now is to pick few trust names and trade them. Tell me who can belive the swing of $NVIDIA Corp(NVDA)$$Tesla Motors(TSLA)$ . More head winds to come but volitality is a sure thing.Keep you cash. We can't say we are at a bottom until Ukraine is over and knowing what's coming for 2023. [Coo

Fear of rising inflation, but this week commodity prices are going down. Why? Let me attempt to make it simple. Transitory is the buzzword that is spoken regularly. This was months back after J. Powell said that inflation is going to be transitory. It means that inflation will be gradual and the prices that are going up will be temporary.CPI at 5% is reported recently, which is record high. The only time CPI is higher than 5% was back in Aug 2008. But wait. What happened in Sep 2008? It was the Lehman Brothers crash. Lehman was a symptom rather than the cause. Inflation was high in 2008 but the monetary policy was tight. Lehman suffered earlier from the housing bubble in 2003. Meaning, what really matters is liquidity. So as long as the rates stay low, the economy will have the opportunity