To The Moon

The Nasdaq Composite Index reached a new all-time high on Wednesday, surpassing 17,000 points for the first time. Robust corporate earnings and bets on interest rate cuts fueled the rise in stock prices. Particularly, Nvidia's impressive earnings last week brought significant optimism to the stock market, boosting confidence in the global artificial intelligence (AI) boom. This has supported the Nasdaq's upward trend. So far this year, the tech-heavy index has risen by 13.4%.As a result, ETFs tracking the index have garnered significant attention. These include Invesco QQQ (QQQ), Invesco NASDAQ 100 ETF (QQQM), and First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW).Will the rally continue?The expansion of AI applications is expected to bring new growth opportunities to the tech sector

🌟🌟🌟Cathie Wood sold USD 6.4 million worth of Coinbase shares on Thursday. Yet on the same day, Oppenheimer raised$Coinbase Global, Inc.(COIN)$ target price to USD 276, up from previous Target price of USD 200. Coinbase's share price has dropped 3.4% today and in the past 5 days, it is now down almost 8%. However Coinbase is up 53% year todate and in 2023, it has jumped a massive 292%. Coinbase has just announced that it can legally operate in Canada after registering in Ontario under the Canadian Securities Administrators. Coinbase said that it is the first and largest international crypto exchange to receive a restricted dealer registration in the country. This is part of Coinbase internatio

04 April 2024. On Thursday, US stocks slumped as: Oil hit its highest price in 6 months. Key Federal Reserve official floated a “mood dampening” warning that spooked the market, thoroughly. When market called it a day: DJIA: fell -1.35% (-530.16 to 38,596.98). S&P 500: fell -1.2% (-64.28 to 5,147.21), marking S&P index worst single-day drop since 13 Feb. Nasdaq: slipped -1.4% (-228.38 to 16,049.08). Fed Reserves - Bad cop. The US market was actually trending higher on Thursday. (see above) All 3 major composite indexes took a turn for the worse after midday. After Minnesota Fed President Neel Kashkari mooted that the Fed may not cut interest rates at all in 2024, if inflation progress stalls. (see below) The “callous” comment was even more damaging than Fed President Bostic’s comme

We have seen how the stock market was trading with optimism before 1.30pm (US time), yet the session ended with significant losses. NASDAQ lost 1.4%, Dow Jones was down more than 500 points. S&P 500 ended the session with negative 1.23%. Factors That Fuel The Downturn Yesterday There are many events happening yesterday and these factors mix has catalyse the downturn. Here are some of the significant factors hitting the market. Federal Reserve Comments - Minneapolis Fed president Kashkari’s remarks about potential rate unchanged if inflation progress does halt. This is one key factor that catalyse the market decline. Geopolitical Tensions - with gains in oil prices and defense stocks, a selloff was triggered after potential retaliation by Iran against Israel raise a concern. This increa

The price of Bitcoin once fell below $39,000 yesterday and rebounds to $40,000 today.After this significant drop, retail investors believe that BTC will continue to decline?Asurvey by Deutsche Bank indicates that many retail investors still think Bitcoin will further decrease by the end of this year.More than one-third of respondents believe that by January next year, Bitcoin will drop below $20,000.Some investors say 35000-36000 might be a key level for Bitcoin in Feb.When will the next bullish trend for BTC start?Historical cycles suggest that Bitcoin often experiences rapid growth after halving.BTC halvening occurs every four years.The most recent one occurred on May 11, 2020, and the next one is expected in April 2024.This implies a high probability of Bitcoin's price rebounding in Q2.

🌟🌟🌟Today Donald Trump scored a Decisive Win in New Hampshire Primary with 11 seats while Nikki Haley, his last standing competitor only managed 8 seats. This sets the stage for a Biden Trump contest in the race for the US Presidential Election in November 5 2024. Trump Concept Stocks also jumped. $Digital World Acquisition Corp(DWAC)$ is up 137% in the last 5 days while $Phunware, Inc.(PHUN)$ is up a massive 166% simultaneously. DWAC is the ultimate Donald Trump Stock! DWAC is a Special Purpose Acquisition Company or a SPAC to take Trump Media & Technology Group public. When the merger is complete, it is likely to trade on the Nasdaq Exchange under a ticker TMT