To The Moon

Iran and Israel conflict It started with the “arrest” of MSC Aries at the Straits of Hormuz. BREAKING: IRAN BANS ALL SHIPS LINKED TO ISRAEL “Starting today, all vessels linked to the Zionist regime are banned from operating in the Oman Sea and the Persian Gulf.Any such vessels found in these waters will be confiscated.” This thread means that all Israeli-linked vessels would not be able to travel past the Oman Sea and the Persian Gulf. This would be taken seriously by the shipping industry, causing further disruptions to the regional supply chain. Vessels will be forced to divert, leading to an increase in supply chain lead time and cost. Missiles and Drones were launched The screenshot was taken from the NBC news report. Iran launched its retaliation after Israel bombed its embassy in

My Investing Muse (15Apr24) Layoffs & Closure news ConvergeOne blamed rising interest rates and a downgraded credit rating as reasons for its recent financial struggles. The company has $1.8 billion in debt, and it reported $1.525 billion in revenue for 2023. - Reuters A popular West Coast pizza chain Mod Pizza shuttered five of its California locations shortly before the state enacted its new minimum wage law this month that raises fast-food workers’ pay from $16 an hour to $20. - NYPost More layoffs hit logistics which is the blood of the economy. over 1300 layoffs hit logistics companies across US - FreightWaves The Associated Press (AP) reported last week that 614 Apple employees were notified in late March that they would be laid off effective May 27. - HCAMAG The job elimination

News and my thoughts from the last week (15 Apr 2024) U.S. large caps saw $15.8 billion of outflows in the week, while stocks in general saw outflows of $19.6 billion, Bank of America said in its weekly round-up of flows in and out of world markets using EPFR data. - Yahoo Finance IRAN BANS ALL SHIPS LINKED TO ISRAEL “Starting today, all vessels linked to the Zionist regime are banned from operating in the Oman Sea and the Persian Gulf. Any such vessels found in these waters will be confiscated.” - From X user ShaykhSulaiman Iran launched dozens of drones at Israel on Saturday but they will take hours to reach their targets. An attack that may trigger a major escalation between the regional archenemies, with the U.S. pledging to back Israel. - Reuters MSC Aries was taken by Iran. This wou

Market Outlook of S&P500 - 15Apr24 Technical observations of the S&P500 1D chart: The MACD indicator is on a downtrend from the past week and this should continue into the coming week. Chaikin Money Flow (CMF) has hit below the zero line. This can be seen as a bearish signal with more selling volume. Interpretation of CMF from the CFI website: When there is a continuous buying period (when the CMF value is sustained above zero), the trend is considered bullish and indicates that price will continue to rise with the trend. When there is continuous selling pressure (CMF value below zero), this points to a bearish trend, indicating price will continue downward.Higher readings, either positive or negative, indicate a stronger trend. Increasing readings indicate gaining momentum.Cro

Earnings Calendar (15 Apr 2024) There are a few earnings of interest in the coming week with the likes of Goldman Sachs, Bank of America, United, Johnson & Johnson, ASML, Netflix and American Express. Let us look into the recent performance of Intuitive Surgical ($ISRG). ISRG has hit its 52-week high recently and is ranging near the top price. The stock price has gained over 44% from a year ago. Investing has a recommended “Strong Sell” rating for this stock. Observations: Revenue growth $2.1B (2014) to $7.1B (2023) The gross profit margin is 68.4% based on the 10-year median. FCF is a strong 26.3% based on the 10-year median. Operating profits growth $0.5B (2014) to $1.7B (2023) For the coming earnings, the forecast is 1.42 and $1.87B respectively for its EPS and Revenue. Can

Public Holidays There are no holidays in Singapore, Hong Kong, China and America for the coming week. Economic Calendar (15 Apr 2024) Notable Highlights In the coming week, US core retail sales and retail sales data will be released. These data will highlight the current state of consumerism in the USA. There will be an important GDP update coming from China. This is important data not just for China but also for the rest of the world as China is still deemed to be the world's factory. Philadelphia Fed manufacturing index will be released in the week. This data highlights the expansion or contraction of the manufacturing sector. Existing home sales data will be a good barometer of real estate status. Initial jobless claims will also be a key

Public Holidays There are no holidays in Singapore, Hong Kong, China and America for the coming week. Economic Calendar (15 Apr 2024) Notable Highlights In the coming week, US core retail sales and retail sales data will be released. These data will highlight the current state of consumerism in the USA. There will be an important GDP update coming from China. This is important data not just for China but also for the rest of the world as China is still deemed to be the world's factory. Philadelphia Fed manufacturing index will be released in the week. This data highlights the expansion or contraction of the manufacturing sector. Existing home sales data will be a good barometer of real estate status. Initial jobless claims will also be a key macro data that the Federal Reserve will look

Iran launched attack on Israel On going developments.  How would the market respond when it opens on Monday? 

My Investing Muse ( 08Apr24) - Layoffs, Baltimore, Minimum Wage & Fed Fund Rate Layoffs news Global management consulting firm McKinsey has offered to pay hundreds of senior employees to voluntarily leave the company and look for other jobs. UK managers were given the option for a 9-month job search period. - India Today Citigroup will lay off 430 employees across different divisions in New York, the bank disclosed in filings with the State Department of Labor on Monday. - Reuters A 70-year-old California-based less-than-truckload carrier Tony's Express ceased operations Thursday, leaving over 200 truck drivers, warehouse workers and office personnel without jobs, paychecks and paid time off (PTO). - FreightWavew We continue to learn of more layoff news in the past week and we can ex

News and my thoughts from the last week (08 Apr 2024) Can America afford another war front or fund another war? Will the USA run out of both money and bullets? Are there sufficient arms left for defence? Should there be an international or local authority that monitors the development of AI and requires AI solutions with decision-making automation to have identification so that we can establish ownership and accountability? In the world of AI, he/she who controls the algorithm controls the world 12% of the world tries to define a view of China through their media. China is here as a global power and there is no stopping them. I hope that we can mix our opinions with travel. With working from home, the impact will spill over from commercial real estate (CRE) to retail, F&B and even cit