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JC888

    • JC888JC888
      ·09:50
      Replying to @jethro:Hi, tks for reading my post. Hope u liked it//@jethro:thanks for sharing

      LV Sales Slide: Luxury in Decline? ($LVMUY)

      @JC888：
      . LVMH Sales Slows. Sales growth for $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ (owner of Louis Vuitton, Tiffany, etc.) slowed to 3% in Q1 2024, on an organic basis to 20.69 billion Euros (US$22 billion), matching analyst expectations. This came in lower than last year, 2023 when sales boomed due to China’s reopening after a super stringent Covid lockdown. Rising prices and a global slowdown are causing some luxury shoppers to hold back on expensive purchases. LVMH, Europe's 2nd-largest listed company (with nearly 400 billion Euros net worth) is the first luxury brand to report earnings, setting the overall tone for the luxury industry. LVMH Q1 2024 Earnings. Sales in Asia (excluding Japan) were down -6%, while Europe and US saw a slight increa
      LV Sales Slide: Luxury in Decline? ($LVMUY)
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    • JC888JC888
      ·09:49
      Replying to @SPACE ROCKET:Hi, tks for reading my post.. Regardless the prices are crazy, I feel....//@SPACE ROCKET:Perhaps it's just seasonal. People tend to buy luxuries near the Christmas / New Year season. Thereafter, sales tend to slow down.

      LV Sales Slide: Luxury in Decline? ($LVMUY)

      @JC888：
      . LVMH Sales Slows. Sales growth for $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ (owner of Louis Vuitton, Tiffany, etc.) slowed to 3% in Q1 2024, on an organic basis to 20.69 billion Euros (US$22 billion), matching analyst expectations. This came in lower than last year, 2023 when sales boomed due to China’s reopening after a super stringent Covid lockdown. Rising prices and a global slowdown are causing some luxury shoppers to hold back on expensive purchases. LVMH, Europe's 2nd-largest listed company (with nearly 400 billion Euros net worth) is the first luxury brand to report earnings, setting the overall tone for the luxury industry. LVMH Q1 2024 Earnings. Sales in Asia (excluding Japan) were down -6%, while Europe and US saw a slight increa
      LV Sales Slide: Luxury in Decline? ($LVMUY)
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    • JC888JC888
      ·09:49
      Replying to @liz.i.am:Hi, I've stopped too.. Pricing is getting out of control. Plus I have many to rotate. Time to reduce the bag's cost per wear...//@liz.i.am:Thank you for sharing. I have stopped buying LV bags as they keep increasing their prices every year. It’s ridiculous. I now look at lesser well known brands that are equally as good if not better especially for their leather

      LV Sales Slide: Luxury in Decline? ($LVMUY)

      @JC888：
      . LVMH Sales Slows. Sales growth for $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ (owner of Louis Vuitton, Tiffany, etc.) slowed to 3% in Q1 2024, on an organic basis to 20.69 billion Euros (US$22 billion), matching analyst expectations. This came in lower than last year, 2023 when sales boomed due to China’s reopening after a super stringent Covid lockdown. Rising prices and a global slowdown are causing some luxury shoppers to hold back on expensive purchases. LVMH, Europe's 2nd-largest listed company (with nearly 400 billion Euros net worth) is the first luxury brand to report earnings, setting the overall tone for the luxury industry. LVMH Q1 2024 Earnings. Sales in Asia (excluding Japan) were down -6%, while Europe and US saw a slight increa
      LV Sales Slide: Luxury in Decline? ($LVMUY)
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    • JC888JC888
      ·09:47
      Replying to @blessed_1:Hi, tks for reading my post... Invest safe!!//@blessed_1:good sharing

      S&P 500: This Dip to Skip? Hold Your Horses !

      @JC888：
      It’s A “Mistake” ! I made the “mistake” of buying the dip on Thu, 18 Apr 2024 to add to my existing holdings on Basic materials stock - $Vale SA(VALE)$. According to $Morgan Stanley(MS)$, Chief Investment Officer, Mike Wilson, currently the 3 “stable” sectors will be: Energy ( $Energy Select Sector SPDR Fund(XLE)$ ). Materials ( $Materials Select Sector SPDR Fund(XLB)$ ). Industrials ( $Industrial Select Sector SPDR Fund(XLI)$ ). As part of my diversification strategy in investment, I try my best to put my eggs in different baskets. I made the decision to “buy the dip” because I di
      S&P 500: This Dip to Skip? Hold Your Horses !
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    • JC888JC888
      ·04-19 21:03

      S&P 500: This Dip to Skip? Hold Your Horses !

      It’s A “Mistake” ! I made the “mistake” of buying the dip on Thu, 18 Apr 2024 to add to my existing holdings on Basic materials stock - $Vale SA(VALE)$. According to $Morgan Stanley(MS)$, Chief Investment Officer, Mike Wilson, currently the 3 “stable” sectors will be: Energy ( $Energy Select Sector SPDR Fund(XLE)$ ). Materials ( $Materials Select Sector SPDR Fund(XLB)$ ). Industrials ( $Industrial Select Sector SPDR Fund(XLI)$ ). As part of my diversification strategy in investment, I try my best to put my eggs in different baskets. I made the decision to “buy the dip” because I di
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      S&P 500: This Dip to Skip? Hold Your Horses !
    • JC888JC888
      ·04-19 21:02

      LV Sales Slide: Luxury in Decline? ($LVMUY)

      . LVMH Sales Slows. Sales growth for $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ (owner of Louis Vuitton, Tiffany, etc.) slowed to 3% in Q1 2024, on an organic basis to 20.69 billion Euros (US$22 billion), matching analyst expectations. This came in lower than last year, 2023 when sales boomed due to China’s reopening after a super stringent Covid lockdown. Rising prices and a global slowdown are causing some luxury shoppers to hold back on expensive purchases. LVMH, Europe's 2nd-largest listed company (with nearly 400 billion Euros net worth) is the first luxury brand to report earnings, setting the overall tone for the luxury industry. LVMH Q1 2024 Earnings. Sales in Asia (excluding Japan) were down -6%, while Europe and US saw a slight increa
      4.09K11
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      LV Sales Slide: Luxury in Decline? ($LVMUY)
    • JC888JC888
      ·04-18 22:44

      TSM Stops Chip Stocks From Free Falling?

      US Market Summary The stock market is not holding up well. All 3 major indexes have broken below their 50-day moving averages. (see below) US 3 Composite Indexes - Past One Month performance On Wed (17 Apr) when market closed: DJIA: -0.12% (-45.66 to 37,753.31). At its worst level since late January 2024. S&P 500: -0.58% (-29.20 to 5,022.21). At its worst level in 2 months. Nasdaq: -1.15% (-181.88 to 15,683.37). Fell below the 16k level, its worst in 2 months. What Happened to Semiconductors? Chip stocks were big losers Wed, 17 Apr 2024. $ASML Holding NV(ASML)$ has become the poster scapegoat as a result of its disappointing earnings and guidance. ASML Q1 2024. Company missed its sales forecast, although it insists its on-target for its FY2
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      TSM Stops Chip Stocks From Free Falling?
    • JC888JC888
      ·04-18 22:25

      PLTR: Buy Now for S&P 500 Boost?

      S&P 500 Index. The $S&P 500(.SPX)$ index comprises of the 500 biggest companies in the US. It is considered to be a reference point for overall health of US market, showing how the world's largest businesses are performing. For a company, getting inducted into the S&P 500 is a big milestone because it represents major validation for a company and its business. Eligibility requirements for inclusion into the index are no small feat. $Palantir Technologies Inc.(PLTR)$, a subject matter expert in Artificial Intelligence (AI) has been eligible for S&P 500 inclusion for quite some time. For reasons unknown, it has not been shortlisted yet. The next S&P 500 rebalancing will take place in J
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      PLTR: Buy Now for S&P 500 Boost?
    • JC888JC888
      ·04-17 13:33

      $AAPL: Bounce Back or Bust This Week ?

      The Big Mystery. The mystery concerning this FAANG & Magnificent 7 groupie Tech giant is (a) will it continue to languish in 2024 or (b) will it be able to turn things around, just like it had in the past. Investors’ main grouse about Apple Inc is its perceived lack of development in the AI-sphere. Practically, its peers eg. $NVIDIA Corp(NVDA)$ , $Amazon.com(AMZN)$ , $Alphabet(GOOG)$ etc…have jumped onto the AI-bandwagon and are humming the same tune. The synergy serves to reinforce each other, pulling all their stock prices up the ladder in the process. Even “ambitious” $Meta Platforms, Inc.(META)$ that harboured am
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      $AAPL: Bounce Back or Bust This Week ?
    • JC888JC888
      ·04-16

      TSLA : Witness Start of the Great Descend?

      Even before my Sunday post on Tesla has fallen off the chart (click here ! to read), more bad news have emerged from the electric car maker. (see below) The Great Layoff. Based off an internal memo, Tesla is laying off > 10% of its workforce. As it grapples with falling sales and an intensifying price war for EVs. A war (price) that was kickstarted by Tesla (lest we forget). Still finding time to take to Twitter, the CEO said “about every 5 years, we need to reorganize and streamline the company for the next phase of growth“. The last job cut was back in 2022 after the CEO had a bad premonition - a "super bad feeling" about the US economy.
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      TSLA : Witness Start of the Great Descend?
       
       
       
       

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