To The Moon

Bitcoin - One year chart On 08 Nov 2021, Bitcoin peaked at US$65,019 per coin (ball park). Interestingly, Bitcoin peaked during the covid period. Could it be that people were awashed with liquidity at that point in time and decided to speculate & drive the price up, up, up? On 21 Nov 2022, Bitcoin bottomed at US$16,617 per coin (ball park) - see above. It has fallen a whooping -US$48,402 per coin or -74.44%. It took Bitcoin almost 8 months to “sort of” achieved a new 2023 peak of US$31,030 per coin (ball park) on 14 Jul 2023. It has come off from that peak but from the recent last 7 days chart (see below), it is rising again. Bitcoin - Last 7 days activities Catalyst @ Work? There is reason for celebration (see above). Crypto asset manager Grayscale Investments has been entangled i

Founded in 1902, $3M(MMM)$ has carved out a remarkable legacy of innovation, steering its growth for over a century. Renowned for its commitment to research and development, the company boasts a diverse portfolio, spanning from adhesive tapes and Post-it Notes to industrial abrasives and healthcare solutions. This diversified conglomerate has thrived in both bull and bear markets. Let's delve into 3M's recent performance amidst its steepest and most prolonged stock price decline in history, while also exploring its potential for a resurgence. [Smart] Is MMM A Buy? Recent Fall 3M has traversed a challenging period in recent years, witnessing its stock price plummet by a substantial 64.44% since its zenith in 2018, constituting one of the lengthiest

My investing muse - oil, Apple & Huawei Oil and the OPEC+ impact From Y Chart: US Retail Gas Price is at a current level of 3.925, down from 3.931 last week and down from 3.938 one year ago. This is a change of -0.15% from last week and -0.33% from one year ago.The US Retail Gas Price is the average price that retail consumers pay per gallon, for all grades and formulations. Retail gas prices are important to view in regards to how the energy industry is performing. Additionally, retail gas prices can give a good overview of how much discretionary income consumers might have to spend. Since Jan 2023, US retail gas prices are on an uptrend. This sounds like “inflation inbound”. From the Crude oil price chart, we see a recent surge in oil prices as OPEC+ declared production cuts. In the

$AMC Entertainment(AMC)$ 's stock sale is marked by a significant decline in share price, as evidenced by the 37.0% drop in the stock's value on the day of the announcement. This plunge brings the stock closer to a record low, threatening to surpass the previous record low close of $10.73 in January 2021.The sale of up to 40 million common shares, representing 7.7% of outstanding shares, can have several implications for both the company and investors. The stock sale is intended to bolster the company's liquidity, potentially aiding its ability to repay, refinance, or redeem debt. It also provides funds for general corporate purposes. However, it's essential to consider the dilution effect on existing shareholders, as

In today's update, let’s continue to look at $E-mini S&P 500 - main 2309(ESmain)$ which has encountered a substantial bearish sentiment in recent sessions. As previously discussed, the market had breached the critical support level of 4496.25, indicating the potential for a prolonged bearish trend. 1 Hour Chart Current 1-Hour Chart Analysis Presently, the S&P 500 futures are consolidating within the range established during the previous trading session. For a potential bullish scenario to materialize, it would be favorable if the price successfully retests and holds above 449.23. Such a development would signify a higher low, increasing the likelihood of an eventual breakout to the upside. Conversely, if the price revisits the range of

My investing muse - oil, Apple & Huawei Oil and the OPEC+ impact From Y Chart: US Retail Gas Price is at a current level of 3.925, down from 3.931 last week and down from 3.938 one year ago. This is a change of -0.15% from last week and -0.33% from one year ago.The US Retail Gas Price is the average price that retail consumers pay per gallon, for all grades and formulations. Retail gas prices are important to view in regards to how the energy industry is performing. Additionally, retail gas prices can give a good overview of how much discretionary income consumers might have to spend. Since Jan 2023, US retail gas prices are on an uptrend. This sounds like “inflation inbound”. From the Crude oil price chart, we see a recent surge in oil prices as OPEC+ declared production cuts. In the

Tesla Inc CEO Elon Musk took a dig at United Auto Workers (UAW), a key North American labor union,