To The Moon

According to foreign media reports, Federal Reserve Chairman Powell will deliver a speech at the Jackson Hole Global Central Bank Annual Meeting in Wyoming, USA on August 26th to discuss the economic prospects, and the content of his speech may indicate the trend of borrowing costs in the United States. Powell is expected to make tough remarks as he strengthens the central bank's goal of curbing inflation and controlling expectations of future price increases.One, is it a pigeon or an eagle?Gold has long had an answerLast week's post clearly told everyone that the rebound of gold price to around 1830 is a strong pressure area, which is suitable for reverse trading. Sure enough, the price of gold has been adjusted, and the process is rare. There is not a day in the whole week that it has cl

$Spdr S&P Biotech Etf(XBI)$Monster has finally awoken...yesterday night, when overall market was at -1-2%, this one was up 1%. Closing at 5%...Well, at least got this one right Good day all

IS EMOTIONAL TRADING BAD?How many of us buy the products that we desire based on emotions, functionality, branding, technical specifications?For ladies, brands and quality are important. Quality such as skincare has to be effective coupled with a certain brands. Handbags of branded names are like a symbol of status and pride. These actually are targetted at the emotional level. Similiarly, when any sales person who wants to sell you your dream home must know your emotional needs by asking you questions. They targeted on your emotional needs of feel good, look good and a status of symbol to boost your ego. These are necessary to close the deal.Now, how many of us also trade based on our emotions? Whether be it gut feel that the price will go up or down,or maybe the fear of more losses due t

We utilized tools such as Mini Programs, Tencent Meeting, and WeCom to help enterprises and consumers with the resurgence of COVID-19 in China and continue investing in strategic growth areas, including enterprise software, video account, and international games. Looking forward, we will sharpen our focus and sustain our innovation through challenges and cycles and continue to create value for our users, partners, and society. Now let me go through the headline financial numbers for the quarter. Total revenue was RMB 135 billion, largely stable year on year or down 6% quarter on quarter.$TENCENT(00700)$

What happened Shares of EV start-upRivian Automotive(RIVN-9.33%)took a hit immediately after the company released its fourth-quarter and full-year 2021 financial update on March 10. Investors particularly didn't like the operational update and 2022 production guidance. The stock recovered some in the ensuing weeks, but a recent Securities and Exchange Commission (SEC) filing has investors spooked once again. That helped cause a decline of 8.6% in Rivian shares today, as of 1:50 p.m. ET. So what In its quarterly report, Rivian said several factors led it to reduce its production volume guidance for 2022. Though the company said it has the capacity to manufacture 50,000 vehicles, it said it only anticipated 25,000 will be produced this year. The company identified headwinds including a plann