To The Moon

In May, the stock market was influenced by earnings and the AI concept, resulting in both gains and losses. Although the saying advises people to sell in May, investors holding technology stocks must have achieved decent returns as $NASDAQ(.IXIC)$ rose by over 20%. $NVIDIA Corp(NVDA)$ and the semiconductor sector rose nearly 30%. Tech sector posted rally as most of their earnings beat estimates.Will June deliver a surprise?Looking at historical data, June tends to have a relatively subdued performance. However, the month presents an opportunity for new investors to make strategic investments and potentially reap significant profits in the future. Non-farm payroll tomorrow  Hit th

Elon Musk yesterday met with China's State Councillor & Foreign Minister Qin Gang and will be ready to expand its business in China. On second day of his visit to China, Elon Musk visited the country's commerce & industry ministries.On the news of China visit, $Tesla Motors(TSLA)$’s share price rose over 4% yesterday, and its market value increased by over $25 billion overnight.After two months, $Tesla Motors(TSLA)$ finally rose above $200. New results for Tesla after China Visit?Three years ago, Elon Musk danced at the launch ceremony of the Shanghai Gigafactory, delivering the first batch of Model 3 to Chinese consumers.ImageThe world is concerned about the purpose of his visit.1. Some spec

Driven by the artificial intelligence boom and stellar earnings guidance, $NVIDIA Corp(NVDA)$ shares are hitting record highs to $390.Nvidia may become the seventh U.S. listed company to reach $1 trillion in market capitalization, after only $Apple(AAPL)$ , $Microsoft(MSFT)$ , $Alphabet(GOOG)$ , $Meta Platforms, Inc.(META)$ , $Amazon.com(AMZN)$ and $Tesla Motors(TSLA)$ ever reached that height.Can Nvidia Enter the Trillion-Dollar Market Cap Club Tonight?As of Wednesday's close, Nvidia's market

The White House warns of a potential stock market crash exceeding 45% in the event of a US Debt default. As the debt crisis continue to brew, the stock market now stays at a high level since Aug. of 2022. There are several dangerous signs of a possible pullback of broader market.Risk 1: Debt default may cause a 45% market crash?Analysts warn of more volitility in stock market.Back in 2011, the two parties in the United States reached a compromise at the last minute to avoid a debt default, leading to the first-ever downgrade of the U.S. Treasuries credit rating by Standard & Poor's.Some strategists warn that the stock market may experience volatility before June 1, the so-called “X-day.”Currently, as the deadline approaches, stock market investors do not appear to b

Biden posted plan to reduce the deficit by $3 trillion cut spending…… According to an analysis report released by the US Council of Economic Advisers (CEA) in May, the short-term debt default will cause 500,000 people to lose their jobs, the unemployment rate will increase by 0.3%, and the annual GDP will decrease by 0.6%. The White House estimates that if the debt default persists through the fiscal quarter, the stock market $S&P 500(.SPX)$ would plunge 45%, GDP would drop 6.1%, and the unemployment rate would rise by 5 percentage points.The CEA report states:"With governments unable to enact countercyclical measures in a default-induced recession, policy options to help cushion the impact on households and businesses will be limited."The war

Since the beginning of 2023, Japanese stock market has outperformed the U.S. stock market.According to Dow Jones Market Data, the TOPIX index, Japan's benchmark index, rose 0.3% on Wednesday, May 17, to reach 2,133.61 points, marking the highest closing level since August 3, 1990.As of Wednesday, the Nikkei 225 index has risen more than 20% year-to-date, surpassing the 8.81% gain of the $S&P 500(.SPX)$ . The largest ETF tracking Japanese stocks, iShares MSCI Japan (WJ), has also risen 11.8% as of Wednesday.data from tradingviewWhy does Japanese stock market hit a 33-year high?1) Dividend payments and share buybacks reached a record high of $71.4 billionJapan has been promoting corporate governance reform for many years, including strengthening

Berkshire Hathaway released its holdings for Q1 of 2023.The data shows that the total market value of $Berkshire Hathaway(BRK.B)$ 's holdings increased from $299.08 bln to $325.09 bln in Q1. At the shareholders' meeting, Warren Buffett stated that he was a net seller of stocks in the first quarter.According to the 13F, Berkshire Hathaway sold stocks worth $13.2 billion and made purchases worth $2.8 billion in the first quarter.The top five holdings were $Apple(AAPL)$, $Bank of America(BAC)$ , $American Express(AXP)$ , $Coca-Cola(KO)$ , and $Che

Elon Musk on Thursday said he's found a new CEO to take over Twitter, months after he first promised to step back from the role.Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops. $Tesla Motors(TSLA)$ rose on the news.As Elon doesn’t give the name of the new CEO and only mentioned new CEO is female, netizens begin to imagine and pick Twitter’s CEO in their views.1. Elona/Elena - Female Elon2. Linda Yaccarino - NBCUniversal’s head of advertisingElon Musk is in talks to hire Linda Yaccarino, NBCUniversal’s head of advertising, as Twitter’s new chief executive, according to two people familiar with the matter.3.

On May 11 at the Google I/O conference, Google CEO Sundar Pichai unveiled PaLM 2, an artificial intelligence language model.Google's latest AI achievements on I/O conference1) PaLM 2, an artificial intelligence language model, can generate a variety of text responses for users. PaLM 2 can be used in 100 languages and is good at mathematical reasoning, software development, language translation, and natural language generation.Around 20 Google products are using PaLM 2, and a lightweight version of PaLM 2 can run on mobile devices.2) Bard, the AI chatbot, has been upgraded to be powered by PaLM 2, providing more sophisticated responses. Bard's programming capabilities have also been improved, and it now integrates with various programming tools. Bard has learned more than 20 programming la

Earnings of growth stocks diverge greatly in this earnings season.$Snap Inc(SNAP)$ shares dropped as much as 20%; $Cloudflare, Inc.(NET)$ plunged as much as 25% in after-hours trading Thursday; $Lyft, Inc.(LYFT)$ dropped 17%; $Upstart Holdings, Inc.(UPST)$ surged 50% yesterday.The roller-coaster ride of growth stocks happens every day in this earnings season.How to profit from their divergence and wild ride?Straddle helps you profit from high volitilityStraddle refers to buying a combination of “call and put” with the same strike price and expiration date, with the strike price usually taken close to the current price (AT