To The Moon

Following a stellar start to 2023, the S&P 500 index has now recorded close to a 15% gain year-to-date. However, most of the rally has been concentrated in Large Cap US Tech stocks. The S&P 500 Ex-Information Technology Index is up less than 2% YTD, heavily underperforming the S&P. This underperformance can be attributed to the rise of Generative AI, with companies such as Nvidia, Meta and Tesla contributing to a significant portion of the gains in tech. Best-Performing Stocks of Q1 2023 | Morningstar Macroeconomic Update The US economy is showing no signs of recession despite echoes from the Fed maintaining its hawkish stance. The labour market remains extremely tight with the unemployment rate at 3.6% as of Jun 2023. Following this week’s mixed job data, traders will be looki

U.S. stocks rose modestly in premarket trading on Wednesday, with the Dow Jones industrial Average rising for seven straight sessions, its longest winning streak since March 2021.Second-quarter earnings are off to a good start on Wall Street. Of the S&P 500 companies that have reported earnings, 82 per cent have beaten expectations, according to FactSet. In the US bank stock results, Nvidia, Microsoft AI plus, the three major US stock indexes continued to rise strongly.Microsoft has announced the pricing of its Office 365 Copilot generative AI system, a collaboration between Microsoft and OpenAI that will cost businesses $30 a month for a subscription, about 36% more than the $22 a month price for the regular version. After the announcement of the news, the stock price reached a record

Tesla Inc. ($TSLA) Blue Box Area Wins Again. What’s Next? July 17, 2023 By EWFTaha Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of Tesla Inc. ($TSLA) The rally from 4.27.2023 low unfolded as a 5 wave impulse with an incomplete bullish sequence from 6.26.2023 low. So, we advised members to buy the pullback in 7 swings (WXY) at the blue box area ($269.45 – 262.39). We will explain the structure & forecast below: $TSLA 1H Elliott Wave Chart 7.10.2023: $TSLA Here is the 1H Elliott Wave count from 7.10.2023. The rally from 6.26.2023 low at blue (4) unfolded in a 5 wave impulse which signaled a bullish trend. We expected the pullback to find buyers in 7 swings at $269.45 – 262.39 where we entered as buyers. $TSLA 1H Elliott Wave Ch

Virgin Galactic shares fell more than 14% in morning trading. Virgin Galactic planned to offer $425