To The Moon

Following a stellar start to 2023, the S&P 500 index has now recorded close to a 15% gain year-to-date. However, most of the rally has been concentrated in Large Cap US Tech stocks. The S&P 500 Ex-Information Technology Index is up less than 2% YTD, heavily underperforming the S&P. This underperformance can be attributed to the rise of Generative AI, with companies such as Nvidia, Meta and Tesla contributing to a significant portion of the gains in tech. Best-Performing Stocks of Q1 2023 | Morningstar Macroeconomic Update The US economy is showing no signs of recession despite echoes from the Fed maintaining its hawkish stance. The labour market remains extremely tight with the unemployment rate at 3.6% as of Jun 2023. Following this week’s mixed job data, traders will be looki

$Advanced Micro Devices(AMD)$ shares rose Wednesday after the chipmaker unveiled its latest semiconductor and data center products optimized for artificial intelligence. AMD stock has gotten a lift lately from investor interest in AI stocks.With the announcements, $Advanced Micro Devices(AMD)$ is hoping to steal some fire from market leader $NVIDIA Corp(NVDA)$ in the AI space.At a company event Tuesday, $Advanced Micro Devices(AMD)$ showed off its latest Epyc server processors and a new AI accelerator chip series. $Advanced Micro Devices(AMD)$ introduced fourth-generation Epyc centr

Introduction $Advanced Micro Devices(AMD)$ has been on a tear in recent weeks, rising for more than 27% for the month of march. However good things don’t last long and in this post, I will share why I think AMD rally is probably going to end soon (mainly from a technical analysis stand point). About AMD I think AMD needs no further introduction as it is a very popular stock among traders. AMD is a semiconductor company that operates globally in four segments: Data Center, Client, Gaming, and Embedded. It offers a range of products such as x86 microprocessors, graphics processing units (GPUs), chipsets, data center, and professional GPUs, and embedded. All these are the fundamental building blocks for Artificial Intelligence (AI). AMD's Stock Curre

On Thursday, 11 U.S. banks led by $JPMorgan Chase(JPM)$ , $Bank of America(BAC)$ , and $Citigroup(C)$ banded together to inject $30 billion in uninsured deposits into stumbling lender $First Republic Bank(FRC)$ .Fears of a global banking crisis have eased following the rollout of multi-billion-dollar lifelines for troubled lenders in Europe and the United States. Stocks rose in China, Japan, South Korea, Malaysia, Australia, the Philippines and Hong Kong on Friday: China’s blue-chip index gained 0.8%, while

For the vast majority of the world’s wealthiest people, 2022 was a year to forget.It’s not just the