To The Moon

My Investing Muse (30Dec24) Layoffs & Closure news Photo Credit: Fabrice COFFRINI | AFP | Getty Images From X user Evan:Google CEO Sundar Pichai and other Google leaders told employees last week at a 2025 strategy meeting that “the stakes are high” for next year - CNBC “I think it’s really important we internalize the urgency of this moment, and need to move faster as a company. The stakes are high. These are disruptive moments. In 2025, we need to be relentlessly focused on unlocking the benefits of this technology and solve real user problems.” - Sundar Pichai In summary, layoffs are coming. Now that Trump has won, they are revising all of their numbers during the Biden administration. The govt initially reported Q2 of 2024 had 653,000 job gains. It was actually NEGATIVE. There was a

News and my thoughts from last week (30Dec24) Is entitlement the curse of progress? Image BLACKROCK SAYS DIVERSIFY YOUR PORTFOLIO WITH GOLD AND BITCOIN TO HEDGE AGAINST EQUITY SELLOFFS Serbian President Vučić has stated that the Nord Stream pipeline may be restarted soon: "Germany urgently needs cheap Russian gas, so within a year, the remaining intact section of the Nord Stream pipeline could be sold to U.S. investors and put back into operation." - X user Russian Market HOMELESSNESS SURGES AS HOUSING COSTS SOAR 18% Homelessness in the U.S. jumped 18.1% this year, with over 770,000 people now living on the streets. Rising costs and a severe lack of affordable housing are driving the crisis. Major cities like NYC and Chicago are overwhelmed, with migrant surges adding to the strain. Meanwh

Market Outlook of S&P500 - 30Dec24 Observations: The MACD indicator is showing a downtrend with a potential reversal. Let us give it time to play out. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. However, both the MA50 and MA200 lines are below the last candle, which could be read as bullish for both the mid-and long-term. The 3 Exponential Moving Averages (EMA) lines are on a downtrend. Chaikin’s Monetary flow (CMF) shows a downtrend. From technical analysis (daily interval), the 20 indicators (technical & moving averages) point to a “Sell” rating. The breakdown reveals 7 indicators with a “Buy” rating and 13 indicators with a “Sell” rating. now, let us look at candlestick patterns. Based on the above technical analysis (1D chart), the S&P500

Earnings Calendar (30Dec24) Due to the holiday season, there are 2 notable earnings this week - RGP and Lifecore Let us look at RGP. Who is RGP? RGP is in the consultancy business and has a global portfolio. Technical Analysis has recommended a “Sell”. Analysts Sentiment is “Neutral” with a price target of $13.13. This implies a potential upside of 56% for this stock. The stock price ranges along the recent lows and struggles to break the $9 price ceiling. Observations about RGP: Revenue has not grown much over the 10 years. Gross Profit lingers around 38.8% over the last 10 years. Operating profit has fallen to a recent low of $29M. EPS has been ranging after a peak in 2022-2023. The balance sheet remains relatively healthy with a 0.1 Debt/Assets ratio and a 0.2 Debt/Equity ratio. This is

Public Holidays There will be no public holidays in China for the coming week. China America, Singapore and Hong Kong are closed on New Year’s Day (01 Jan 2025). Some countries operate half a day on New Year’s Day Eve (31 Dec 2024). Here is wishing all a Blessed New Year (2025). Economic Calendar (30Dec24) Notable Highlights Chicago PMI will be revealed with a forecast of 42.8. This implies a contraction of the sector in Chicago. China's manufacturing PMI will also be reviewed. A forecast of 50.3 implies a slight expansion in the sector. China is a global factory and this can also be seen as a barometer of global demand. S&P global US manufacturing PMI will also be announced. The forecast of 48.3 implies a contraction in the manufacturing sector. The ISM manufacturi

Public Holidays There will be no public holidays in China for the coming week. China America, Singapore and Hong Kong are closed on New Year’s Day (01 Jan 2025). Some countries operate half a day on New Year’s Day Eve (31 Dec 2024). Here is wishing all a Blessed New Year (2025). Economic Calendar (30Dec24) Notable Highlights Chicago PMI will be revealed with a forecast of 42.8. This implies a contraction of the sector in Chicago. China's manufacturing PMI will also be reviewed. A forecast of 50.3 implies a slight expansion in the sector. China is a global factory and this can also be seen as a barometer of global demand. S&P global US manufacturing PMI will also be announced. The forecast of 48.3 implies a contraction in the manufacturing sector. The ISM manufacturing PMI will be

Free tip from Buffett - Occidental Image A loss is realized when the position is closed. This also applies to profits. When Buffett or Berkshire buys, a good margin of safety has been applied. This article is a good tip that says that this company is undervalued (based on Buffet’s previous calculations). However, it is necessary for us to do our due diligence to qualify the business. If we lack the circle of competence, we do not need to follow through with this. A loss for Buffett is a free tip to me. $Occidental(OXY)$ @TigerStars

Signs of a Market Top: - Parabolic Market moves in Wave 5 - Bubbles in particular sectors - High PE Market average  - Large breadth between the price action and the 50 Day/200 Day MA and significantly above the 200 WMA - RSI above 80 - Sentiment believes ‘they can't lose’ - Wall St aggressively bullish (now) - Heavily reliant on one sector to carry the market (Semis/Ai) house of cards scenario - Retail going all in - Retail largest inflows in decades - Smart Money adding Safe Havens - Smart Money going to Cash - Smart Money going to new markets outside of the US (China) - Delinquencies at a record high - 10 Year not following the Rate Cut decrease - VIX above 38 Does any of this look familiar? The above is taken from X user The Long Investor post dated 28 December 2024. I will like to

My Investing Muse (23Dec24) Layoffs & Closure news BREAKING: Party City is closing all of its stores, and corporate employees were told today is their last day of employment - X user Unusual Whale Aerospace company Boeing has announced another round of layoffs, this one impacting 396 workers in Washington state. - NWPB Google has once again reduced its workforce, targeting 10% of its management roles, including directors and vice presidents. CEO Sundar Pichai announced the changes during an all-hands meeting. - DNAIndia Thyssenkrupp faces massive job cuts and plant closures amid international competition and possible management lapses. - DW News The Mersen Manufacturing plant said it is set to furlough 80% of its workers in Columbia. The furloughs were announced just weeks before the C

News and my thoughts from last week (23Dec24) Powell has said that "it's pretty clear we've avoided a recession." Do you agree? Image China is dominating the global auto market: China’s share of world car production is now at 39%, the highest on record. Since the 2008 Financial Crisis, this percentage has doubled. Its share is also ~11 percentage points larger than Europe, Japan, and the US combined. To put this into perspective, China’s share in global automotive production was just 1% in 2000. By comparison, the US, Japan and Europe accounted for 14%, 20% and 32% of production in 2000, respectively. China has taken over the global car market. X user The Kobeissi Letter Globalization brings access to bigger markets, costs savings and leads to better quality of life. When we limit access,