Guys all still bad..... be careful... 1) oil cuts due to slowing consumption 2) banks running dry 3) global trade moving from USD 4) Tech sector running out of cash causing SVB failure 5) Interest rate elevated 6) Bearish wedge detected Pricing now is obviously too high with high interest rate condition $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ $S&P 500(.SPX)$ $NASDAQ(.IXIC)$
ok//@Skrain:liket//@Dalang:great//@vodkalime: Travel stocks can be on rebound as more cities have lifted off covid measures. I bet travel insurance will also increase in sales but this year have too much water elements, insurance payout will be plenty. Services will see a reverse and I am focus on such sector. Hope every have a good run. [Call] [Claw]
@Optionspuppy:$C3.ai, Inc.(AI)$ 🏔🗻🏔🛕🌠🛣💒 Ahoy mateys! The ship of C3.ai is facing rough waters as the scallywags over at Kerrisdale Capital have accused them of accounting shenanigans. The stock has been taking a hit for two days straight after the letter from Kerrisdale Capital alleged that C3.ai has been overstating its revenue and margins. The shares fell by 26% to $24.95 on Tuesday, and the decline continued on Wednesday, with the stock down another 12% to $21.95. But let's not forget, the stock remains 95% higher this year! The company, however, has denied any wrongdoing and has claimed that Kerrisdale Capital is misconstruing its financial filings. This isn't the first time the lads and lasses over at Kerrisdale Capital have m
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@cheezzy:It is just a guess but ,it will return to around $5 per share and stay there till flights. If the italian air force happen and it is successful probably it will go to around 10-15 or something .I think the real catalyst for the stock will be if they decide to do their next clients. This will be the best evidence for investors that company finally started with their core plan. But I deffinetly see a very chopy week.$Virgin Galactic(SPCE)$
Long Term Investment I believe everybody felt the speculation effects in S&P for the last 2 yrs.... To me it has become a casino.... u can win and lose unless u are the big boys For long term investments, i would go for SG/HK stable stocks like banking stocks eg: Bank of China, OCBC, UOB..... Banks older than myself with huge dividends... Travel or Hospitality stocks will works too Tech stocks will be out for the next 2 yrs with a few winners $BANK OF CHINA(03988)$ $OVERSEA-CHINESE BANKING CORP(O39.SI)$ $GENTING SINGAPORE LIMITED(G13.SI)$ $CapLand IntCom T(C38U.SI)$
@tk321:At the end of the day, to each his or her own and all we can say is there are always consequences for the actions we have taken and based on the basket of items that are addressed it is not surprising for Singapore to be weighted at the top end of the chart and we are not too engrossed in how this turns out for now