To The Moon

I initiated my Alibaba stock position at its lowest point in January 2024, and it has since grown by 51.5%, outperforming the S&P 500.Despite recent declines, I maintain a "Buy" rating for BABA, expec

Pfizer looking into data suggesting a potential link to sickle-cell complications and 'fatal events'. Pfizer Inc. said late Wednesday it was withdrawing a sickle-cell drug from markets worldwide and discontinuing clinical trials of the treatment after it investigates data suggesting a potential link to sickle-cell complications and "fatal events.". "Pfizer's decision is based on the totality of clinical data that now indicates the overall benefit of Oxbryta no longer outweighs the risk in the approved sickle-cell patient population," the pharma giant said in a statement."The data suggest an imbalance in vaso-occlusive crises and fatal events which require further assessment." Vaso-occlusive crises are a relatively common complication of sickle-cell anemia.Pfizer said it does not expect the voluntary action to impact its full-year 2024 financial guidance.Pfizer has notified regulatory authorities about its decision to withdraw the treatment while it further reviews the available data a

The upside breakout in gold prices has more room to run. Now that gold prices are reaching new highs, is there still a buying opportunity - or is this a bull trap?Gold traditionally has moved opposite to the U.S. dollar . But the dollar's recent weakness doesn't explain why gold is at an all-time high. Gold is also considered a hedge against inflation, yet inflation-linked U.S. Treasury bonds, or TIPS, have been weaker as gold prices have advanced. A similar pattern can be seen in the ProShares Inflation Expectations ETF RINF, which is linked to the price of the FTSE 30-year TIPS Index.On the other hand, my analysis of gold sentiment takes a more nuanced view. The bears will argue that gold mining stocks - using VanEck Gold Miners ETF GDX as a proxy - is overbought and a sign of a frothy market. The bulls will counter that the gold-miner-to-gold ratio is only in the middle of its three-year range. More importantly, junior gold mining stocks - represented by the VanEck Junior Gold Min

Looking at the local banks, all with good potential. SIA is also another counter which has proven to be coming back strong since post-covid days.

Here's why investors should consider adding the Chinese tech giant to their portfolios.