To The Moon

On Tue, 29 Aug - it was (a) JOLTs and (b) CB Consumer’s confidence report that gave US market the much-needed boost to trend higher. On Wed, 30 Aug - it was (c) ADP employment data and (d) US Q2 GDP 2nd estimates that continued the good work. By the time trading drew to a close: DJIA: +0.11% (+37.57 to 34,890.24). S&P 500: +0.38% (+17.24 to 4,514.87). Nasdaq: +0.54% (+75.55 to 14,019.31). Managed to crawl back to the 14,000 level. On Tuesday & Wednesday, stocks jumped after official data was released in the mornings. The ADP National Employment reported private payrolls rose by 177,000 jobs in Aug 2023 (see above). Versus 195,000 jobs estimates forecasted by Economist polled by Reuters. More importantly, it is a drastic fall of -194,000 job openings or -52.29% from July’s 371

Over the last two weeks, Chinese stocks such as Pinduoduo, Alibaba, Li Auto, and XPeng have demonstrated significant upward momentum. Now, let's examine the technical analysis of their respective charts. $Pinduoduo Inc.(PDD)$ PDD Weekly Chart Pinduoduo's stock is on the cusp of breaking through a notably resilient resistance level spanning 98-110, which has taken shape over the past few years. Historical data shows that previous breakout from this level led to all-time highs. Nonetheless, breaching this resistance demands a considerable effort, suggesting it might be prudent to adopt a bullish stance only after this hurdle is surmounted. $Alibaba(BABA)$ BABA Weekly Chart Over the course of a year, Alib

In my first post for this week, I mentioned that there will be ups & downs as quarterly earnings reports begin to taper off. Catalysts driving US market can be found here! Click to read. Give a “LIKe” ok - thanks! For a 2nd consecutive day, US market ended much higher after US July 2023 JOLTs was released. The official data, kind of cemented Wall Street’s anticipation of a possible “halt” in interest rate hike by the Fed during Sep 19-20 FOMC meeting. When market closed on Tuesday: DJIA: +0.85% (+292.69 to 34,852.67). S&P 500: +1.45% (+64.32 to 4,497.63). It was S&P strongest 1-day gain since 02 Jun 2023. Nasdaq: +1.74% (+238.63 to 13,943.76). It was Nasdaq strongest session since 28 Jul 2023! Catalysts

Nvidia reaches an all-time high fueled by AI-driven earnings surpassing $502.66.Whether through successful bottom-fishing, mid-way chasing, or adept options strategies, investors have reaped substantial rewards riding the soaring journey of $NVIDIA Corp(NVDA)$. Let's delve into the details!Congratulations to @Changjieming for securing an impressive 155.71% return through NVDA trading, with an entry price of $195.39. Benefiting from positive earnings, he achieved a remarkable daily profit of $5900!Another Tiger @BillionaireN, proudly displays four consecutive options contracts, each boasting an impressive profit of over 97%. Upon closer ins

$Palantir Technologies Inc.(PLTR)$ have always been one of my most watched stocks. I have this stock at an average price of $9. But I do see more potential in Palantir in the future. This is because the progress of A.I. have been evolving very well and more and more companies are beginning to realize the importance of A.I. Companies always have different set of data collected over the years from their different business segments. How can they really make a story to help them in propelling their growth? I remember a project that I did 5 years ago where we were asked to look at a company with over 50 years of data collected from consumer spending, business engagement and some internal data. How this company try to make sense of these data is to enga