To The Moon

“We are looking to the software providers who are actually right now where $NVIDIA Corp(NVDA)$ was when we first bought it,” Wood, CEO and founder of Ark Investment Management LLC, told Bloomberg TV on Wednesday. While $NVIDIA Corp(NVDA)$ is expected to do well over time, Ark is “onto the next thing,” she added.Wood further pointed out that the bigger market for artificial intelligence is actually in software. She said that for every dollar of hardware sold by $NVIDIA Corp(NVDA)$ , software suppliers and SaaS suppliers will generate $8 in revenue.Wood is betting on software stocks that she expects to eventually grow in to the size of

Welcome to this week's Thursday Special! During seasonal turning points like June, investors often pay attention to the possibility of a summer rally or market correction. r/wallstreetbets - exciting journey as a bear in 2023So, today’s topic is “Summer Rally or Market Correction? Predicting Market Trends in June?”A summer rally refers to a phenomenon where the stock market exhibits a strong upward trend during the summer season. This phenomenon is typically associated with the sentiments of market participants and seasonal factors. Some investors and analysts believe that summer is a peak period for tourism and leisure activities, which may stimulate consumer spending and market activity, thereby driving the stock market higher. They argue that the upward mom

As of closing on May 31, The $S&P 500(.SPX)$ closed up 0.25% in May to 4179.83 points; $NASDAQ(.IXIC)$ closed up 5.8% to 12935.28. $DJIA(.DJI)$ closed down 3.49% to 32908.27.Judging from the industry standard of the $S&P 500(.SPX)$ index in May, three sectors closed up: technology stocks rose 9.12%, followed by the Communication Services sector, which closed up 6.25%. Then there is the Conumer Cyclical section.Data:https://finviz.com/Data:https://finviz.com/Specifically, the month-to-month increases in the technology sector include: $Alphabet(GOOGL)$

In May, the stock market was influenced by earnings and the AI concept, resulting in both gains and losses. Although the saying advises people to sell in May, investors holding technology stocks must have achieved decent returns as $NASDAQ(.IXIC)$ rose by over 20%. $NVIDIA Corp(NVDA)$ and the semiconductor sector rose nearly 30%. Tech sector posted rally as most of their earnings beat estimates.Will June deliver a surprise?Looking at historical data, June tends to have a relatively subdued performance. However, the month presents an opportunity for new investors to make strategic investments and potentially reap significant profits in the future. Non-farm payroll tomorrow Hit th

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,266.63 points, down 0.12% points last week. The earnings calendar is attached at the end of the article.During the last 5 trading days, $AEM HOLDINGS LTD(AWX.SI)$, $Nanofilm(MZH.SI)$, $TAN CHONG INT'L LTD(T15.SI)$, $SEMBCORP MARINE LTD(S51.SI)$ and $SEMBCORP INDUSTRIES LTD(U96.SI)$ are the top 5 Weekly gainers, up 9.15%, 8.84%, 7.74%, 7.44% and 7.26% respectively. $IF

As per my post on 1/5, $Apple(AAPL)$ met my 🐂-ish expectations for earnings despite all the bad🗞🗞🗞 about 🍎 possibly reporting an earning miss. 🍎 on 4/5 reported earnings that beat Wall Street's targets for its fiscal 2nd quarter on strong sales in iPhones & services. ⭐️ Earnings of $1.52 a share on sales of $94.8 billion for the quarter ended April 1. Analysts polled by FactSet had predicted Apple earnings of $1.43 a share on sales of $92.9 billion🐂🐂🐂 ⭐️ On a year-over-year basis, Apple earnings were unchanged while sales fell 3%. It was the 2nd consecutive quarter of sales declines for 🍎 ⭐️ APPL’s revenue for the quarter ending April 1 was $94.8 billion, a decrease of 3% from the same period a year earlie

$S&P 500(.SPX)$ closed down with the regional bank crisis and liquidity issue lingering on the broader market. Multiple companies released their earnings yesterday, with most of them falling, while $Shopify(SHOP)$ , $Shake Shack(SHAK)$ and $Coinbase Global, Inc.(COIN)$ surging.1. $Shopify(SHOP)$ surged 23.84% with double beats and sale of logistics businessE-commerce firm Shopify early Thursday reported earnings and revenue for the March quarter that topped analyst estimates. SHOP stock rocketed 23.84% as the company also announced the sale of its delivery and logistics

1. $Kenvue Inc.(KVUE)$ will begin trading on NYSE on Thursday $Johnson & Johnson(JNJ)$ 's consumer health business, Kenvue, will be officially listed on the New York Stock Exchange on May 4, Eastern Time, under the stock code "KVUE" $Kenvue Inc.(KVUE)$ .Kenvue plans to issue 151.2 million common shares in this IPO, with an issuance range between $20 and $23 per share. Goldman Sachs, JPMorgan Chase, Bank of America, Citigroup, Deutsche Bank, BNP Paribas and other top international investment banks participated in this offering.It is worth mentioning that the actual issue size of Kenvue has been further increased to 172.8 million common shares at an issue price

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. A.I. model predicted a BUY signal for UIHC, I have managed to trade A.I. Today Pick $United Insurance(UIHC)$ while market is showing mild volatility. A good 16.9% gain is pleasant. Always follow our trading plan. My gain is set at 30 cents. Enter and Exit Plan - Use MAVOL I follow my trading plan to watch the price and volume movement from 9.30 to around 10pm. This is where MAVOL5 crosses MAVOL10, that is where it would be a good time to buy at that price. Entry at 2.13 I decide to take a 30 cents gain, managed to find MAVOL5 above MAVOL10 at around 00.30hrs, exit at 2.49. Grab a 16.9% gain amids

Exxon Mobil (XOM) Looking to End 5 Waves Elliott Wave Impulse April 20, 2023 By EWFHendra Exxon Mobil (XOM) cycle from 3.20.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 3.20.2023 low, wave (1) ended at 107.35 and pullback in wave 2 ended at 100.68 as the 1 hour chart below shows. Up from there, wave 1 ended at 110.17 and wave 2 ended at 109.05. Wave 3 ended at 114.64, wave 4 ended at 112.20. Final wave 5 ended at 116.85 which completed wave (3) in higher degree. Wave (4) pullback took the form of a zigzag Elliott Wave structure. Down from wave (3), wave A ended at 114.17, and wave B ended at 117.18. Wave C lower ended at 113.6 which completed wave (4). Wave (5) is in progress as a 5 waves diagonal structure. Up from wave (4), wave 1 ended at 116.59 and pullb