To The Moon

🌟🌟🌟$Coinbase Global, Inc.(COIN)$  reported better than expected Q1 24 earnings boosted by rising cryto prices and a new accounting standard that allows companies holding crypto to recognise losses and gains immediately. Coinbase earned USD 1.2 billion or USD 4.40 per share in Q1 24 versus USD 79 million loss a year earlier.  Its quarterly revenue rose 53% to USD 1.64 billion from USD 773 million a year ago.  This is higher than Analysts expectations of USD 1.15 per share on revenue of USD 1.36 billion according to FactSet.  Coinbase said its net income was boosted by USD 737 million in pre tax crypto asset mark to market gains, which were mostly unrealised.  However Coinbase is down 3% i

🌟🌟🌟$NIO Inc.(NIO)$  is the Star Performer this week with its share price up 19%.    This is due to its strong delivery growth in April.  Nio has surprisingly outperformed $Li Auto(LI)$  and $XPeng Inc.(XPEV)$  in deliveries last month. Nio delivered 15,620 vehicles in April, up 31.64% from March and up a huge 134.6% year on year.  The deliveries included 8,817 SUVs and 6,803 sedans. Nio currently sells 8 models.  They are ES8, ES7, ES6, EC7, EC6, ET7, ET5, ET5 Touring of which the first 5 are SUVs and the last 3 are sedans.   

🌟🌟🌟$iShares Core S&P/ASX 200(IOZ.AU)$ is one of the best ETFs to invest in Australian Shares.  In just 1 trade you gain access to 200 of the largest companies on the ASX.The Top 10 holdings include $BHP GROUP LTD(BHP.AU)$  $COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$  CSL Ltd, $NATIONAL AUSTRALIA BANK LIMITED(NAB.AU)$ $WESTPAC BANKING CORPORATION(WBC.AU)$  $AUST AND NZ BANKING GROUP(ANZ.AU)$ 

🌟🌟🌟Sell In May and Go Away is a trading strategy which recommends investors close their positions in May and walk away from the markets until October.  This strategy is in stark contrast to Buy and hold in which investors will ride out temporary slumps in the market.   April is supposed to be a strong month, yet it was down 3% for $SPDR S&P 500 ETF Trust(SPY)$  breaking a 5 month winning streak.  According to Stock Trader's Almanac, the market has a tendency to be weaker in April and May after First Quarter Big Gains in election  years but also noted the last 7 months of the year tend to be up.  Market timing is always a tricky affair.   Instead I prefer the saying "It

Dear Mr Buffett  You are an inspiration to millions of investors around the world.  To me you are the Father of Value Investing.  My questions to you are : 1.  If you can turn back time, would you have changed any of your major investments decisions? 2.  How would you advise a small investor like me to grow my portfolio so that I can reach my goal of FIRE - Financial Independence Retire Early? 3.  What are the most important traits to cultivate to be a successful investor? 4.  Will you be making any major changes in your portfolio allocation for 2024?  If so, why? 5.  What do you think are the challenges facing Berkshire Hathaway in 2024? 6.  When do you think the Feds will cut interest rates?  Will it be soon or towards the end of 202

🌟🌟🌟$AMC Entertainment(AMC)$  has released its preliminary results for Q1 24 last Friday on April 26.  According to CEO Adam Aaron, AMC's financial results were stronger than consensus analysts estimates.  Net Loss for Q1 24 will come in at USD 163.5 million which he said is a solid improvement compared to previous year quarter's Net Loss of USD 235.5 million. However AMC estimates Revenue to be USD 951.4 million, down from USD 954.4 million the previous year.    This was due to the box office in Q1 24 being adversely impacted by the 2023 Hollywood writers and actors strikes.  Adam Aaron also expressed optimism about upcoming film releases and expects to see an increasingly strong box office as

🌟🌟🌟When the markets are volatile, Healthcare is one of the most resilient sectors as it is an essential service. $Invesco S&P 500 Equal Weight Health Care ETF(RSPH)$ tracks an equal weighted index of US health care companies taken from the S&P500 Index.  Instead of weighting its holdings by market cap, RSPH uses a equal weighting scheme.   RSPH provides a more balanced exposure to other industries within the healthcare sector such as pharmaceuticals, equipment and supplies, healthcare providers and drug retailers.  The ETF and the S&P500 Equal Weighted Healthcare Index are rebalanced quarterly.  Effective at the close of markets on July 14 2023, RSPH effected a 10 for 1 forward split of its issued an

🌟🌟🌟24/7 Trading would be great news for those active in trading.  High adrenaline, lots of excitement.  But may not be good for health reasons.  Our bodies are governed by circadian rhythms.   If we try staying up all night, the next day we may feel absolutely lousy.   Then there is no time for loved ones in the frantic pace of constantly monitoring the markets.  Life is about having a good balance.  Time to work, and time to play and relax.   24/7 trading is definitely a big No for me.  My favourite way of investing is to buy plain vanilla ETFs like $SPDR Portfolio S&P 500 ETF(SPLG)$  $STI ETF(ES3.SI)$  and hold forever.&nbs

🌟🌟🌟The US markets closed lower today as investors are waiting for the Feds' rate policy decision.   QQQ is down 1.89% today while QQQM has also dropped 1.9%. $Invesco QQQ Trust(QQQ)$  tracks a modified market cap weighted index of 100 Nasdaq listed stocks.   QQQ only invests in non financial stocks and has a huge tech exposure. $Invesco NASDAQ 100 ETF(QQQM)$ is similar to QQQ and is also known as a smaller version of QQQ.  Both QQQ and QQQM tracks the Nasdaq 100 Index which represents the Top 100 stocks on Nasdaq.   Portfolio wise the Top 10 holdings of QQQ and QQQM are the same.  They include 

🌟🌟🌟I am so happy to  receive my DBS Bonus shares today into my Tiger Account.  On February 7 $DBS GROUP HOLDINGS LTD(D05.SI)$  reported record earnings for 2023 with the Board of Directors proposing 1 bonus share for every 10 shares held. DBS has also proposed a final dividend of 54 cents per share for Q4 23, an increase of 6 cents from the previous payout.  This brings the dividend for 2023 to SGD 1.92 per share, an increase of 42 cents from 2022. On top of that DBS said that the bonus shares will qualify for dividends, starting from Q1 24 and will increase the pace of capital returns to shareholders.  So the annualised dividend will be SGD 2.16 per share over the enlarged s