To The Moon

As China reopens, SIA is trying to resume its services. It now flies to 14 destinations in China, some way to go before reaching 25 points covered before the pandemic. In its earnings commentary, SIA expects demand for air travel to be robust in its 4Q ended March, with support from higher traffic within East Asia.

Advanced Micro Devices (AMD) has been a standout performer in the semiconductor industry, with a year-to-date stock price increase of 50%. The company has been able to capitalize on the increased demand for its products, especially in the data center and gaming markets. Additionally, AMD has been able to gain market share in the x86 processor market, which has long been dominated by its main competitor, Intel. AMD's strong financial performance has been a key driver of its success. In Q4 2022, the company's revenue increased by 49% YoY to $4.82 billion, beating analyst expectations. Additionally, its net income increased by 71% YoY to $1.22 billion. AMD's gross margin also improved to 50%, up from 45% in the same quarter last year. The company has been investing heavily in research and dev

Market Outlook - 20 Mar 2023 S&P500 1D chart Technical observations of the S&P500 1D chart: The stochastic indicator points to an uptrend though there could be a reversal to a downtrend. The MACD indicator points to a downtrend but we may expect a cross-over (reversal) soon. Moving Averages (MA). The MA50 line implies an uptrend in the mid-term. The MA200 line implies a downtrend in the long term. With the last candle under the MA50 line and cutting the MA200 line, this can be interpreted as a downtrend in both the mid-term and bullish for the long-term. Exponential Moving Averages (EMA). The lines are pointing downwards, implying a downtrend. Now, let us add some more technical indicators for the 1D S&P500 chart: Most of the signals point to a bearish outlook, recommendi

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