To The Moon

🌟🌟🌟Bitcoin price is up today, hitting a high of USD 37,972 before retracing below USD 37,000. This rally comes as Blackrock expects the SEC to approve its spot Bitcoin ETF application by January 2024. BlackRock has registered an iShares Ethereum Trust on Thursday November 9 as a prelude to its application for a spot Ethereum ETF. This move could offer investors an indirect exposure to the world 's 2nd largest Cryptocurrency on a traditional stock exchange. $Coinbase Global, Inc.(COIN)$ is set to benefit as it has partnered with Blackrock. Blackrock will use Coinbase as a crypto custodian for the Spot Bitcoin ETF as well as the latest Spot Ethereum ETF. In Augu

Following $Rivian Automotive, Inc.(RIVN)$ 's and $Li Auto(LI)$ 's earnings releases for their previous quarters, $Faraday Future Intelligent Electric Inc.(FFIE)$ , $XPeng Inc.(XPEV)$ and $NIO Inc.(NIO)$ shall be next in line to report theirs on 14, 15 and 21 November respectively. Despite my optimism on the prospects of electric vehicles amidst tightening emissions controls by many developing and develop

33% gain from mid day move when S&P 500 attempts to break the 4400 psychological barrier. The break indicates a bullish trend into the week ahead. Get ready for a green November towards Santa rally in December 🎅 Major averages notched a second week of gain into November, recovering the ground lost in the previous session, as Treasury yields stabilized. The S&P 500 climbed 1.56% to finish the session at 4,415.24. The Nasdaq Composite added 2.05% to 13,798.11, notching its best day since May. Stocks staged a rebound as the benchmark 10-year Treasury yield hovered around the flatline. It was a marked reversal from Thursday’s action in which the rate on the 10-year jumped more than 10 basis points. The spike in yields followed a dismal Treasury Department bond auction and c

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US market on Wed (22 Mar) traded directionlessly until 2:00pm when the FOMC meeting was over with the press conference by Mr Powell, hot on the heels. When the 0.25% interest hike was confirmed, market “reacted positively” initially. It was afterall the much anticipated 0.25% and not the much feared 0.5%. The “euphoria” proved to be short-lived as the press conference pressed on with Mr Powell further confirming that there would be no let down from the central bank in their fight to bring inflation down. Personally I think, it is commendable that the Fed Reserves provides a clear direction of where they are heading without being ambiguous. Doing so minimizes “speculations” of any sorts to be postulated by Wall Street to smoke-screen and “fool” the general public. Agree ? By The Time Market

Morningstar notes: Buy Berkshire Hathaway $Berkshire Hathaway(BRK.B)$ $Berkshire Hathaway(BRK.A)$ stock for Warren Buffett’s steady hand during crises.Why?The company's long history of aiding failing banks is one reason for investors to buy Berkshire Hathaway.Recently, the market has noticed that The “Oracle of Omaha” has been in contact with the Biden administration in recent days about possibly investing in regional banks in some way.“On multiple occasions over the past two decades we have seen firms seek out capital from Berkshire on the belief that the ‘Buffett Seal of Approval’ that came with that capital injection would reduce the pressure on their shares,” Mornings

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