To The Moon

SummaryU.S. data doesn't support scale of market meltdown - analystsHuge carry trade unwind a better explanationFurther pain likely short-term(Reuters) - A meltdown in world equity markets in recent d

Wall Street Predicts "Epic" Bull Run, Analyzes Investment Opportunities in the S&P 500 IndexThe $Standard(SMP)$ & Poor's 500 Index has been soaring this year, breaking through the 5,200-point milestone last week. The recent rebound has been propelled by signals of Fed rate cuts. This move signals the end of the Fed's most aggressive rate-hiking cycle and boosts corporate profit growth.As a result, Wall Street analysts are even more bullish on the $Standard(SMP)$ & Poor's 500 Index. To seize this opportunity, investors should bet on ETFs tracking the S&P 500 Index. These include the SPDR S&P 500 ETF Trust (SPY), iShares Core S&P 500 ETF (IVV), Vanguard S&P 500 ETF (VOO), SPDR Port

S&P 500 ETF (SPY) Elliott Wave Sequence Remains Bullish June 21, 2023 By EWFRaj Short term, SPY favors higher in impulse Elliott wave sequence started from 5.04.2023 low and expect further strength to continue in wave 3. SPY finished wave 1 at 417.62 high started from 3.13.2023 low. It placed ((i)) at 402.49 high and ((ii)) at 389.33 low as 0.618 Fibonacci retracement. It finished ((iii)) of 1 at 416.06 high and ((iv)) at 403.78 low. Finally, it ended ((v)) at 417.62 high as wave 1. It corrected lower in 2, ended at 403.74 low as 0.382 Fibonacci retracement of wave 1. Above there, it favors higher in wave 3 and expect further strength to continue before correcting in 4. Within wave 3, it placed ((i)) at 420.87 high and ((ii)) at 409.88 low as 0.618 Fibonacci retracement of ((

A: Short term, these two weeksAs we all know, US stocks often pull back during Chinese holidays, which is an old tradition. However, given the current put and sell call layouts, the callbacks are fairly short. Because from the temporary large single layout, bears do not intend to be bearish for a long time, and almost earn a time value and leave.Apple:The large order I shared last week can be seen that the institutions are around the July 7 expiration date layout. After all, the non-farm data released on July 7 and the CPI released on July 12, from Powell's attitude, he particularly hopes that the market will cash in the expectation of adding 50 basis points on this day or 12th. So the bulls are understandably subdued.So the question is, what's going on with the

Alibaba has undergone a sudden and significant reorganization of its management structure. Daniel Zhang, previously serving as Chairman and CEO of Alibaba Group, will now step down from both positions and assume the role of CEO of Alibaba Cloud unit. Eddie Wu, one of Alibaba's co-founders, will take over as the Group CEO, while Joe Tsai, another co-founder, will become the chairman. Unlike Zhang, both Wu and Tsai have been with Alibaba since its inception. Wu initially served as a technology director in 1999 and possesses extensive experience in the company's core e-commerce business, monetization, and technology, making him a logical choic to oversee the entire group. Tsai previously held the position of the company's chief financial officer until 2013 and currently serves as executive vi

All thanks to Tiger once again for awarding the the double win of the weekly top predictions for QQQ and SPY. Let’s gear up for more profitable trades next week! 🤩 Stocks rallied and VIX tumbled on Friday as traders cheered a strong jobs reports and lawmakers passing a debt ceiling bill that averts a U.S. default. VIX average level is about 18-20 The major averages were higher for the week. The S&P 500 and Nasdaq were 1.8% and 2% higher, respectively. The Dow’s Friday advance pushed it into positive territory, last up 1.9% week to date. The Nasdaq is on pace to end its sixth straight week higher, a streak length not seen for the technology-heavy index since 2020. You say jump, I say how high? Easing concerns around the U.S. debt ceiling also helped sentiment. The Senate passed a bill t