Apple's new vision pro was a shock beyond words, and I didn't think I'd live to see another technological revolution. It was no surprise that Apple's share price hit a new high, and then fell back. After Nvidia, Apple became the second stock to break through the pre-crash high, and a correction after the high is normal.For now, Microsoft should be the third stock to hit an all-time high. The first thing the technological revolution changes before it changes lives is the flow of money. Who would have thought this year would be... A bull market?I think that with the potential shown by vision pro, Apple is difficult to continue to pull back, may be the same as Nvidia's option language, there is a small outbreak of technology stocks in July, I guess, the follow-up to the option order verificat
More money has probably been lost in timing the stock market than in corrections in the stock market. That seems to be the case again this year. After a tough 2022 investment year and a difficult December, investors were cautious early in the year and, in fact, they still are, given all the cash on the sidelines. The vast majority of economists predicted a recession. That recession did not materialize and, despite the banking crisis and the hassle surrounding the debt ceiling, the likelihood of it has clearly diminished. However, the stock market is carried by only a few companies that are benefiting from the hype in artificial intelligence. Now, the impact of artificial intelligence on the stock market and economy is at least as big as the Internet or the iPhone, nor is it something limit
Hi Tigers,Welcome to Quantitative Picker a Fundamental stock picking strategies column based on the function of “Screener“ of Tiger Trade.Fundamental stock picking refers to the process of selecting and analyzing various stocks in the market involves analyzing a company’s financial data, management capabilities, and market outlook to determine its investment value and etc.In this new column, we will lead you to learn different types of strategies to good companies, welcome your support and expect you to share in return of your great strategies.Stock Selection Criteria - Follow The Fundamental Analysis Of StocksEpisode 1:Growth Technology StocksQuarterly Revenue Growth YoY %: 25% to 50% and 50% to 100% and > 100%,1 yr. % Change in EPS (Basic): 25% to 50% and 50% to 100% and > 100%,Sec
$NIO Inc.(NIO)$ Intense competition for EV sales!! Global EV sales for year 2022 is around 10 million units (up ~60% vs 6.5 million units in year 2021). Although the global EV sales is expected to grow to ~13.6 million units in year 2023 (which presents a growth of ~30% yoy), one must admit that there's huge competition among the different EV brands. BYD became the world's best selling EV brand in year 2022, recording a sales of ~1.8 million units. Followed by $Tesla Motors(TSLA)$ , which also recorded ~1.3 million units in year 2022. Furthermore, the competition is getting more intense with Volkswagen etc. Although China has the biggest market
Public Holidays Nil for Singapore, Hong Kong, China & USA Economic Calendar (05Jun2023) Economic Calendar for the week starting 05Jun2023 Notable Highlights Jobless claims. Initial jobless claims will be announced on Thursday. This would form important data points for the Fed to decide on the next interest rate adjustment. PMI updates from the US - This reflects the US domestic manufacturing outlook and can be a good reference for the market outlook. For this week, the PMI is for services from May 2023. Crude Oil Inventories can be seen as forward indicators of market demand and consumption. If the trend of excess inventories continues, this implies demand erosion that can lead to reduced production & weakening consumer spending. The last crude oil saw a bigger drawdown than expect
Following our review of All-time-high stocks in Consumer Discretionary, some SaaS companies are reaching to a new high In Q1. $ServiceNow(NOW)$ rose to a new high of $548.18 on 2nd June; $Salesforce.com(CRM)$ rose to a new high of $225 on 31st May; $Adobe(ADBE)$ rose to a new high of $438.53 on 2nd June; $Veeva(VEEV)$ rose to a new high of $200.44 on 2nd June.Most earnings beat estimates and continued to rise after the earnings. Among them, $Veeva(VEEV)$ released earnings on 31st May and rose 20% on the earnings.Some SaaS companies missed estimates in Q1, but s