To The Moon

Following my previous article on Tesla, let's talk about China EV counters. These EV counters had been quite calm since the huge rally in July. Investors are probably waiting for this wave of correction to end before opening a new position in these stocks. So, do you think the correction wave will finish soon or the stocks will continue remain at a consolidation phase for incoming weeks? XPEV Similar to Tesla, XPeng is also forming a symmetrical triangle pattern since mid August. The fluctuation range is getting smalller at this consolidation phase I believe XPeng will have a higher chance to breakout upwards instead of downwards. It should choose its direction pretty soon. I am $XPeng Inc.(XPEV)$ for

Eons ago, June had been a weak month, second only to September. Good news is the bearish effect has dissipated over time. Using S&P 500 as a benchmark - for the last 50 years, the month of June has been up 30 times. Now for an even better news. The number would be even “higher” if S&P has been strong, going into June, like now. Isn’t this a wonderful piece of news to know? Hope that my attempt at S&P 500 “technical drawing” (see above) is able to support the good news mentioned above (if my life depends on it - LOL!). The deal to raise US debt ceiling has been passed by Congress (Hse Rep & Senate) and wrapped up by President Biden already over the weekend. The act alone (hopefully) could boost some of the unloved corners of the US stock market. This would be: Energy. Indust

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