To The Moon

With interest rates expected to stay higher for longer until inflation exhibits signs of sustainable cooling to the Fed's long-term target of 2%, borrowing costs are poised to remain prohibitively high, especially for startups of Tesla-wannabes the likes of Xpeng, Li Auto, Nio, Rivian and Faraday Future that are still burning hoards of cash to support huge investments in their electric vehicle ventures and EV technology developments. Nevertheless, I remain cautiously optimistic of the long-term prospects of the EV market amid growing awareness of global climate change, increasingly tightening of emission controls and soaring fuel prices on the back of escalating geopolitical conflicts, and I believe that the EV market is going to overtake the market for conventional vehicles in a decade o

Semiconductor stocks mixed in morning trading.Micron Technology jumped nearly 3% while Nvidia and AM

Dec 28 - The S&P 500closed slightly lower after hitting a record intraday high on Tuesday, as a four-day rally lost steam in thin trading and investors weighed Omicron-driven travel disruptions and store closures.The Centers for Disease Control and Prevention on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days.The update follows approvals for new pills and more vaccines to fight COVID-19. It hel