To The Moon

With their previous quarter earnings behind them, $XPeng Inc.(XPEV)$ , $NIO Inc.(NIO)$ , $Li Auto(LI)$ , $Rivian Automotive, Inc.(RIVN)$ and $Faraday Future Intelligent Electric Inc.(FFIE)$ may now focus on executing their strategic and tactical plans to advance their businesses. With tightening emission controls and rising awareness of global warming, the long-term prospects of EV makers appear to be pro

🌟🌟🌟From Red October to Green November, Santa Rally is well on its way as the US markets notched its 4th consecutive week of gains, inching closer to all time highs. This is amazing even though it is Thanksgiving Week. The Star Performer this week is $Microsoft(MSFT)$ as It reached a Historic All Time High of USD 379.79 per share on Wednesday. It has been a tumultous week for Microsoft with the unexpected drama from the firing of Sam Altman from OpenAi and his reinstatement back in OpenAi with a brand new board of directors. At one point Sam Altman was offered a job to head Microsoft Advanced AI Division. However 95% of Open AI staff wanted to join him at Mi

Just two months ago, $Faraday Future Intelligent Electric Inc.(FFIE)$ surged 30% after it officially delivered its second vehicle to user. However, the company lost 40% after its peak in September and is trading below $1 now.$Spectaire Holdings(SPEC)$ , an industrial technology company specializing in emissions monitoring and reduction, completed a business combination with Perception Capital Corp. II (SPAC) on 20th Oct. Its shares lost about 100% since then.$Novavax(NVAX)$ reported revenue of $187 million for Q3 2023 this week, a significant decrease from $735 million in the same period in 2022.$SBIO-key International, Inc.

Treasury rates were volatile after a speech by Federal Reserve Chairman Jerome Powell, with the 10-year rate approaching 5%. Powell spoke at the Economic Club of New York on Thursday. Data in recent months suggest the central bank is making progress toward its twin goals of full employment and price stability, but inflation remains too high and more data pointing to sustained above-trend growth or an end to cooling in the labor market could pose risks to progress against inflation and lead to further tightening, he said.Powell said there is no evidence that policy is too tight, but given the uncertainties and risks, and the progress the central bank has made so far, the Fed will be careful to determine the extent of additional policy tightening and how long to maintain restrictive policy b

In a twisted sense, I am glad that September 2023 is officially over. Quite certain it has been a “bad” month for most investor. Like the adage “Out with the old and In with the new”, I am looking forward to see what October has in store for all of us. Firing off the first salvo was this headline that greeted me this morning (see below). With a diminishing attention to all things artificial intelligence (AI), it is time to perhaps, ride the electrification trend again? The electric vehicle (EV) category is positioned to grow quickly in the years to come. EV sales are projected to account for +18% of total auto sales in 2025. By end of the decade, EV total sales is estimated to increase to 60%. As such, this offers substantial growth potential and value creation for market leaders. Of lat

$S&P 500(.SPX)$ closed at 4273.53, below the key support level of 4300; $NASDAQ(.IXIC)$ fell below 13100 yesterday.With two key indices falling below the support level, market begins to speculate for more declines.The UAW strike, the potential shutdown of the US government this weekend, and analysts downgrading ratings of tech giants have made the upcoming October more uncertain.If the Republican and Democratic parties cannot reach an agreement before October 1st, most federal government departments will have to shut down.Although fat bear week is held to pick fat bears, some retail investors consider it’s an unlucky period for stock market. Especially, it coincides with the plunge of major indi