The past 3 days have brought us on a great ride after months of bearish sentiments and brought world markets into correction and bear market territory.It's a great respite but I do urge caution and over bullishness in the short term as volatility index is still high and many macro economic factors are still in play.Though I believe that recession is not in play due to the world emerging from the covid crisis and restarting their economies, with inflation at such high levels its a risk that we have to take into consideration.The impact of inflated oil prices has yet to fully kick in and not withstanding the unplugging of a huge country Russia from the world economy. We will need time to adjust and let's all keep level headed.Remember to take the opportunity to unwind if ur leveraged. H
From the latest earnings report. It is clear that $Tesla Motors(TSLA)$is dead focus in getting FSD up and running. This is a big thing as it is key to Tesla attaining AGI. And thus their next focus on the product of the future, Optimus humanoid robot. With FSD around the corner we can also start to expect robotaxi revenue and FSD revenue to become more predominat in 2023.It is the correct decision by $Tesla Motors(TSLA)$to jot launch any new models as the demand for Model 3 and Model Y is still through the roof and bringing in new models in 2022 will increase costs and reduce pptimisation of its operating expenses. It is wise for Tesla to focus on ramping up all its current and 2
$Tesla Motors(TSLA)$we have had a good run! Who got some in the low 600s I know I did but do note that this is a classic bear market rally and many factors in the macro environment are still there... so don't over committed and stay deleveraged.Have a great weekend!
$SINGAPORE AIRLINES LTD(C6L.SI)$this stock should be poised to move in the coming quarters. SQ has retained most of its pilots and its capitalising on its ability to take on routes that other airliners are not able to due to shortages in pilots and crew. It pays off to have the support of the government haha.
All seems lost but ultimately I do hope that most who have followed me had deleverage during the run we had after a horrendous February. The best thing to do now is only DCA into good stocks and not use leverage or margin. Only invest with money that you do not need.The volatility index is in extreme fear and its always important to look at potential great discounts. Knownyour company valuations and go for discount shopping. All the best to everyone out there!
$GEO ENERGY RESOURCES LIMITED(RE4.SI)$have been coiling fir a few days at support levels..... Will buy in more today to await the next move. Future quarters are good for this company and even if I look at a wrist case scenario of 5 cents dividend for the next 2 quarters combined... we are still looking at more than 10 percent dividend for 6 months! Annualised 20 percent...
$Tesla Motors(TSLA)$such is today's market... Best ever quarterly results.. and shares stay flat. Isn't it the best time to accumulate the stock? The longer the rubber band stretches the further it shoots out!
$Tesla Motors(TSLA)$king if meme stocks trying ti make a come back haha... resistance to be strong at 790 800.... again be careful of this bear market rally. Many macro factors are still around. Though if we have found a bottom I would totally be fine as well!
$Adobe(ADBE)$as mentioned long ago adobe will always be a great buy! But do wait till it reeach support level as shares are still very volatile now.All the best and happy Sunday!
$GEO ENERGY RESOURCES LIMITED(RE4.SI)$come on! Hold this support level... does not make sense for geo to be so low with its projected revenue... such a undervalued stock ..
$TENCENT(00700)$chinese stocks are way over sold. And the chinese ggovernment has to prop up the economy with covid lock downs re-appearing I believe strong government support will be the trend moving forward to reduce public dissent.