To The Moon

Palantir Technologies Inc. shares slid in extended trading on Monday as the market was unimpressed by the company’s outlook for annual sales after the stock has already tripled in the past year.The co

Insurer AIA Group said new business value, an underlying gauge of future profitability, rose 27 per cent in the first quarter and boosted its buy-back plan by US$2 billionChengdu city will no longer r

Market Outlook of S&P500 - 22Apr24 Technical observations of the S&P500 1D chart: The MACD indicator is on a downtrend from the past week and this should continue into the coming week. Chaikin Money Flow (CMF) has hit below the zero line. This can be seen as a bearish signal with more selling volume. Note that there may be a reversal in this coming up as the volume trend seems to be changing direction. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above the MA 200 line and below the MA 50 line. Thus, it could be read as bullish for the long term and bearish for the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines have converged and started a downtrend. I have replaced Stochastic with CMF to incorporate consideration

China’s economy grew 5.3% in the first quarter compared to a year ago, faster than the 4.6% growth expected by economists polled by Reuters.Data from China’s National Bureau of Statistics showed that gross domestic product in the January to March period was higher compared to the 5.2% seen in the fourth quarter of 2023.On a quarter-on-quarter basis, China’s GDP grew 1.6%, compared to the Reuters poll expectations of 1.4% and the fourth quarter’s expansion of 1%.Beijing has set a 2024 growth targ

Nio's independent car-making qualification has been officially approved, and the company has started producing and delivering EVs under its own name, local media said.Nio's independent car-making qual

🌟🌟🌟Is short selling a good strategy in a downtrend? For those who are new to investing Short Selling involves borrowing a security whose price you think is going to fall and then selling it on the open market. You then buy the same stock back later, hopefully for a lower price than what you initially sold it for, return the borrowed stock to the broker and pocket the difference. For example let's say Stock A is trading at USD 50 share. You borrow 100 shares and sell them for USD 5000. The price of Stock A subsequently drop to USD 25 a share, at which point I buy 100 shared to replace those you borrowed, netting a profit of USD 2500. Short selling may seem straightforward but it involves taking considerable risk. What are the risks?

Investors say growing number of corporate buy-backs are signs that suggest the market is nearing a bottomStocks of EV makers, including Li Auto and BYD advanced, after data from the industry associati

Mac sales were strong last quarter, according to IDC dataApple will report fiscal second-quarter earnings results in May. A positive surprise for Apple investors was buried in quarterly personal-compu