To The Moon

EV seems unable to find their bottom after a few weeks of pullback and consolidation. Last week, the biggest news was that Elon Musk is set to come to India to meet PM Narendra Modi and announce a much-awaited plan to make Tesla electric cars in the country. All indications point to Musk visiting India to announce his ambitious project, groundwork for which is being done for years. The project is likely to see Tesla commit at least $2-3 billion investment as it sets up a factory to manufacture entry-level electric cars. Today, let's analyze a few EV stocks. Since we are discussing about Tesla, let's start with this market leader analysis. Tesla started to have some positive news like FSD and Robotaxi for the past weeks which helped to keep the share price stable as compared to other

Producer Price Index Lower than Expected, Investors Buy on Dips, Tech Stocks Rebound - NVDA Up Nearly 4%, Apple Has Best Single-Day Performance in 2024The options market has divergent views on the short-term trajectory of the S&P 500 and Nasdaq, but remains cautiously optimistic about the medium-term outlook. However, it is more pessimistic about the performance of individual stocks like Morgan Stanley.The S&P 500 options market is slightly bullish, but the high open interest in put options reflects market divergence over future movements.The major S&P 500 options contracts indicate the index is expected to stay below 522 until next Monday, while a more conservative outlook projects it will remain above the 100-day moving average of 491 by June 21.For the Nasdaq 100, new option

Sharing this post on Motley Fool by Anders Bylund dated 10 Apr 2024, titled “Is It Too Late to Buy Micron Technology Stock?“ It is a quick to read, digest and overall salient article. Nice ! For my regulars, this is a follow up to my 25 Mar 2024 post “Micron: Buy the Chip or Miss the Dip ? “ (click title to read !). Memory chip maker $Micron Technology(MU)$ has a hot hand right now. The stock is trading near all-time highs, having gained +45% YTD and +105.79% in the last 52 weeks. (see above) Current artificial intelligence (AI) boom poured nitro on Micron's growth fires, boosting this stock chart into th

China has made a series of moves to restore investor confidence in the world’s second largest economy, including cutting a tax on stock trading for the first time since 2008.The stamp duty on stock trades, which had stood at 0.1%, would be halved effective Monday, according to a joint statement by the Ministry of Finance and the State Administration of Taxation issued Sunday. The move was aimed at “reinvigorating the capital market and lifting investor confidence,” the regulators said.The company like $Tiger Brokers(TIGR)$ $Pinduoduo Inc.(PDD)$ $Alibaba(BABA)$ also post a positive earnings,which boosted Chinese stocks on Tuesday. On August 29, the m

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

Welcome to READ the full PDF of Singarpore 2023 Budget Booklet.Singapore Finance Minister Lawrence Wong said the government will increase handouts( S$104 billion ($78.4 billion spending plan) to citizens to help offset a higher goods and services tax and rising living costs. On the other hand, taxes were raised on higher-value property, multinational firms, and luxury cars.Below are some Industry and SG stocks winners that may benefit from the new budget measurements.Welcome Tigers to reply to t