To The Moon

The speech by Mr Powell, the Federal Reserve chair, on Friday, 19 May 2023, was closely watched by investors and analysts who were looking for clues on the future direction of US monetary policy. Below are 5 key points that I derived after watching the discussion sessions on Youtube: On whether US interest rates will need to rise further, Mr Powell said that it is still unclear and the Fed team will have to monitor official data - month by month to determine. Recent bank-run debacle and the stresses it had brought to the banking sector could mean that “our policy rate may not need to rise as much as it would have otherwise to achieve our goals”, so said the Fed chairman. Although inflation is far above the objective of 2% and still poses significant hardships, Fed is strongly committed to

TSLA is following all the price action indicators very well; Target 190! - Have been performing well since the bounce off the neckline support of 163 - Clearly in a near term buy controlled buy channel but in a larger controlled sell channel - Confluence remains 190 - 19 Apr gap down bear flag has since retraced above 177 which is Fib 78.6 (tends to mean likely a full retrace to 190 My Watch/Plays - Will MA5 cross above MA50 (blue)? - Will price action stay in the buy channel? - If it comes back down to re-test 163 and fails below? ==> This is a bearish one and 146 bound - Look to add more long puts should price action test and stay above MA5 and MA20 - It is all about 190! Break above and we will have some squeeze from 195 to 209 Good luck, all!

I have been investing in Aliaba (BABA) for the last few years and thus, I could write with investor bias. BABA’s recent performance Alibaba's revenue, net income, free cash flow, retained earnings, assets, and liabilities have all grown significantly over the past few years. In 2022, Alibaba's revenue grew by 10% to $247.8 billion. Net income grew by 2% to $35.9 billion. Free cash flow grew by 16% to $7.5 billion. Retained earnings grew by 18% to $132.3 billion. Assets grew by 14% to $844.5 billion. Liabilities grew by 13% to $371.3 billion. This growth is due to a number of factors, including the continued expansion of Alibaba's e-commerce business, the growth of its cloud computing business, and the expansion of its international business. Alibaba's gr

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