To The Moon

Charlie Munger ripped into cryptocurrencies, saying fraud and delusion are common in the industry.Regulators overlooked crypto's risks and should have banned it, Warren Buffett's business partner said

Look at USDJ future☝️, US S&P future☝️, & US Tech 100 future☝️, all are soaring higher❗❗❗ Is the good CPI number can sustain a bullrun ❓ Or... Just another possibility ❓ Does it mean that money flowing in to stock markets from the Crypto meltdown ❓❓❓🥀🥀🥀 My gut feel, if next week continues green all the way, the possibility is very high due to Crypto factor. The meltdown won't stop n hot money keep pulling out from the Crypto Exchanges have to park somewhere comfortable to those Crypto phobias traders 🤔 Other possibilities of bulls are 1) Good news from Democrats not losing Senate is catalyst for a mini bull❓ 😂 2) Hopeful Peace Talk about to happen to end the Ukraine war & stabilise Oil & Gas prices. This will help to control EU s

$SoFi Technologies Inc.(SOFI)$ Only hope for the stock to go up is short volume to be below 20% because not even stellar earnings for the last few quarters can do it. If the FED is hawkish tomorrow all the meager 5% gains today could be erased. If FED is dovish SOFI may gain 3 to 6% tomorrow. Good thing they always have good news to report on earnings. Couldn’t imagine what a bad ER would do to this stock.

$WILMAR INTERNATIONAL LIMITED(F34.SI)$Wilmar International’s net profit is projected to reach between US$600m to US$650m in the third quarter of 2022.

Valuations are, in my long experience, a very poor guide on their own to short or even medium-term outcomes.valuations are an excellent and important starting point, but must be paired with macro factors, and tactical elements to gain conviction and finesse timingThe table below outlines the major parts of the research process: typically the process involves starting with a valuation anchor to guide the strategic view, then bringing in macro/cycle/policy considerations to build out the medium-term view, and then rounding it out with tactical considerations (sentiment/technicals) to help finesse the timing aspect and raise conviction in the idea.No wonder the 60/40 portfolio got messed up this year, it was trading at record expensive valuations in Dec 2021!Interesting follow-on chart, this

$SPDR S&P 500 ETF Trust(SPY)$Made 27% from calls and 40% from puts on from another consolidation day. If SPY fails 370, it's going down to 367 soon.