To The Moon

Midday surprise. I could not have anticipated US market behaviour on Wed, 20 Dec 2023 around mid-afternoon onwards. This was because US’s December 2023 — Consumer Confidence report released painted a “rosy” picture. (see below) Consumer confidence index increased from November 2023’s 101.0 to December 2023’s 110.7. This marked December’s reading the highest level since April 2023. At the same time, both Present situation index & Expectations index also rose in December 2023, to 148.5 (from 136.5) and 85.6 (from 77.4) respectively. Overall, the December Consumer Confidence report indicates: A significant boost in consumer sentiment, fueled by easing recession fears & a positive view of the job market, Increased spending intentions. Inflationary concerns remain a key issue f

$Marathon Digital Holdings Inc(MARA)$ has buy new mining sites for $179M as rewards having is nearing. With this new acquisitions, the cost per coin mined will be reduced by around 30% before the reward for securing the blockchain is slashed by 50% next year. Marathon Digital is in a good position of cash flow to buy these two sites from subsidiaries of lending firm Generate Capital. This acquisition, which will add 390 megawatts of capacity, will be paid in cash. Bitcoin's (BTC) halving, expected in April 2024, is leading mining companies to reassess their operations to ensure they are prepared for the drop in rewards. One such way is by acquiring smaller firms to bring economies of scale to their activities. Earlier this month, Marathon said it

As the effects of the Fed's dovish turn last week continued to reverberate, U.S. stocks extended their rally, with the S&P 500 now only about 0.7 percent away from a new closing high and about 1.2 percent away from matching the intraday record set in January 2022.Pharmacy chain $Walgreens Boots Alliance(WBA)$ was the best-performing component of the Dow Jones average, rising 4.20 percent. Solar stocks $Enphase Energy(ENPH)$ and $First Solar(FSLR)$ were the best performers in the S&P 500, rising 9.10 percent and 4.05 percent, respectively. Energy stocks also outperformed the broader market, with the S&P 500 energy sector up 1.22 percent.On the economic

Question: Is there room for EV growth in the US? Electric vehicles (EVs) are a “fast” growing segment in US. The interesting question is how much market share have EVs taken from traditional gasoline cars? Based on Year 2022 data from US Department of Energy, not much really. (see below) The above diagram is about US vehicle registration based on Fuel Type. There are 3 categories of fuel: Gasoline. Electric & plug-in hybrid vehicles (EV & PHEV). Alternative fuels. Notes: Gasoline fuel type includes (a) diesel, (b) E85 flex fuel & (c) traditional hybrid vehicles. Alternative fuels include (a) biodiesel, (b) natural gas, (c) propane, & (d) hydrogen. Data Analysis. One important distinction to make is — registrations are not the same as sales. Sales represent the number o

$Keppel Infrastructure Trust(A7RU.SI)$ Collected a few rounds of dividend after entering this counter when they are offering PO at 46.9 cents for new acquisition or paring down the debts. Sold off at 49.5 cents with very nice dividend collected! Will await for next opportunity! Most probably I will deploy into 9ci. Pls dyodd. After Ex.dividend, she has went down to touch 45.5 cents and is now slowly recovering! Looks rather bullish and she may rise up to test 50 cents again! Next resistance is at 52 cents. Pls dyodd. Indeed, it has risen up to test 50 cents and close lower at 46 cents after went Ex.dividend 2 days ago, looks like good price is back! Yield is about 8.4% at 46 cents. Please dyodd. Fantastic! Price Gap up and closed +4

Introduction: After Wednesday's post-market update on December 20th, Micron Technology reported its financial performance for the first quarter of the fiscal year 2024. With a revenue of $4.726 billion, a 15.7% YoY increase surpassing expectations, Micron has demonstrated consistent improvement in revenue and profitability over multiple quarters. This analysis highlights the positive performance, attributing it to the overall recovery in the storage industry, robust AI demand, and Micron's sustained stock price growth. Financial Analysis: Strong Revenue Growth and Improved Profitability: In Q1, Micron achieved a revenue of $4.726 billion, exceeding expectations and previous guidance of $4.5 billion and $4.7 billion, respectively, reflecting a 15.7% YoY increase. The company showcased comme

Dec 15 (Reuters) - ChatGPT, the new chatbot that is the talk of Silicon Valley, can spit out haikus,