To The Moon

Recently, two heavyweights on Wall Street have spoken out—legendary trader Paul Tudor Jones and JPMorgan Chase CEO Jamie Dimon. This is not alarmism or fear-mongering; it is an effort to lay out the most genuine vulnerabilities in the current market for the average investor to see. Is the US Stock Market Expensive? Look at This "Heart-Wrenching" Data A 50-year market veteran, Paul Tudor Jones, who lived through the 1987 crash, the 2000 dot‑com bubble and the 2008 financial crisis, has warned that while the S&P 500 is a strong long‑term investment, its century‑average includes P/E ratios of just 6%–8% ，one‑third of today’s level. He stresses valuations matter greatly, and the market is highly overvalued. U.S. stock market capitalization now stands at 252% of GDP, far exceeding levels be

👋 Hey Tigers! The 1Q26 earnings preview for $Coinbase Global, Inc.(COIN)$ just dropped, and there's a notable shift in tone. 🔄 Current market vibes: Volume softness vs. a more constructive BTC backdrop 🤔 Here's what the Tiger Research Team is saying: 👉 Maintain HOLD rating 👉 Price Target RAISED to $200 (previously $170) 📈 👉 Current Price: $195.26 While near-term trading volumes are weak and stablecoin regulation looms, the team is now incrementally more constructive on Bitcoin's outlook. Here's the breakdown 👇 1. 1Q26 Volume Check: A Tale of Two Markets 📉🚀 The Headwinds (Spot Trading): 🌍 Global spot crypto trading volume fell 35% q/q in 1Q26, mainly reflecting weaker crypto prices 📊 Coinbase's spot volume fell at a slower 26% q/q pace — implying a

Thesis: Fundstrat’s Tom Lee sees the $S&P 500(.SPX)$ hitting 7,700 in 2026 as a probable outcome, driven by three converging tailwinds that are already showing up in the data. The Three Pillars Pillar Evidence Market Implication Economy passed the war test Earnings estimates are rising despite geopolitical shocks Recession fears disproved; fundamental floor is stronger than feared Private credit healing $iShares Expanded Tech-Software Sector ETF(IGV)$ collapsed to 72, now recovered to 85 Credit crunch fears easing; liquidity improving for tech/risk assets AI productivity + Middle East resolution AI shifting from capex story to ROI reality; potential geopolitical de-escalation Risk premia compress → val

🎯 Core Takeaway: Stay Overweight Equities Middle East volatility is just "short-term noise." History shows: missing the rebound hurts more than being caught in the dip 💔 📉 Key Stat: Over 30 years, missing just the 10 best trading days could cut your annualized returns roughly in half. And those best days? They usually come right after major drops. Unless the global economy enters a sustained recession → "Stay invested" remains the best long-term strategy. 🏛️ Four Pillars at a Glance Pillar Current Status For SG Investors 🌍 Macro Strong US nominal growth; Europe weakening; China & EM resilient US remains the main battlefield; Asia EM is allocable 📈 Fundamentals Global earnings growth still at 18%; even if revised down, enough to support positive returns Q1 earnings season: US continues

1. Q1 2026 Preview: USDC Circulation & Market Share Trends 📊 Tiger Research Team maintains HOLD rating but lifts Price Target to $100 as $Circle Internet Corp.(CRCL)$ navigates a shifting landscape of stabilizing market share, evolving regulation, and mixed macro signals. Here is the team's comprehensive analysis of the data, the macro outlook, and our valuation model. 👇 The Resilience: According to CoinMarketCap, average USDC circulation reached $75.3B in 1Q26, down a modest 1.3% q/q from $76.3B in 4Q25. The quarter saw notable intraperiod volatility—circulation peaked at approximately $79.6B in March before moderating to $77.2B by quarter-end. Entering 2Q26, momentum has already rebounded, with circulation climbing back to $78.3B as of April

1. Macro View: BCA Research on Tariffs, China, and What Comes Next 🧠US futures jumped more than 2% after Trump agreed to a two-week ceasefire with Iran. Singapore, however, stayed quiet — daily market value slipped to S$1.43 billion.But two names still stood out. One is an infrastructure trust offering nearly 8% yield while quietly moving into digital assets. The other is a commercial vehicle specialist capitalizing on Singapore's EV push.Before diving into the stocks, here's what BCA Research has to say about the broader macro picture.BCA sees the recent SCOTUS tariff ruling and Trump's follow-up 15% global tariff as only marginal relief for China. The effective tariff on Chinese goods drops from ~29% to roughly 24% — not enough to change existing rerouting strategies.Their core views:Chi

Breaking: The CBOE Volatility Index $Cboe Volatility Index(VIX)$ closed below 20 on Thursday, signaling a notable compression in market volatility expectations. As of this writing, major U.S. equity indices have extended their winning streak to seven consecutive sessions, with $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ futures pointing higher again in pre-market trading Friday. According to $JPMorgan Chase(JPM)$ late-March data, years with gains exceeding 20% have outnumbered down years since 1980. Digging deeper: the $S&P 500(.SPX)$ averages a 14% intra-year drawdown annually.

If you’ve been hanging around the tech or investment circles in Asia, you know Duan Yongping isn't just another retired billionaire. He’s the guy who built BBK, mentored the founders of Vivo, Oppo, and Pinduoduo, and famously bet the house on Apple when everyone else was doubting the iPhone. Duan recently distilled his decades of market-crushing wisdom into a "Investment Bible." It’s not about complex algorithms or macro-economic forecasting. It’s about brutal simplicity. Here is the masterclass on how to stop "trading" and start "owning." Investing is fundamentally about buying a business. You find a company you actually understand, with a stellar business model, a rock-solid culture, and a reasonable price—then you hold on for dear life. The Eight Pillars of the "Perfect Bet" Duan doesn'

HALO bubble or a SaaS golden bottom? Read the Live Recap for James Early & Eoin Tracy: | (📺 Missed the livestream? Watch the full replay: Full Replay Available ) "From 1925 to 2023—a span of 99 years—just 3.2% of US stocks contributed all the gains. 60% lost money over 20 years, and 40% went to zero." When James Early, CEO of Curio Financial, dropped this bombshell during the livestream, the chat went silent. This isn't fear-mongering—it's the reality check that framed tonight's "Bubble Trouble" session. With the US market down for consecutive weeks and geopolitical fog thickening, how do retail investors find stocks that aren’t in that 97%?

$UBS Group AG(UBS)$ 's latest global macro strategy report and integrating the core insights from BlackRock CEO's interview, a clear signal emerges: the market still holds overly optimistic expectations for a "swift resolution to the Middle East conflict" but severely underestimates the probability of a global recession triggered by surging oil prices. With the Strait of Hormuz remaining blocked and global crude oil inventories being depleted at an accelerated pace, if inventories bottom out by the end of April, a restructuring of global asset pricing logic may be triggered in early May—recession risk has entered the countdown. I. Dual Warning from UBS & BlackRock! $150 Oil = The "Death Switch" for a Global Recession As the "lifeblood" of the g