To The Moon

Public Holidays Nil Economic Calendar (17 Apr 2023) This was the update from the week ending 14 Apr 2023: The biggest good news is CPI dropped YoY from 6.0% previous month to 5.0% (much lesser than the 5.2% estimate) PPI came out to be -0.5% compared to 0.1%. This is the inflation that hits producers first (before being passed downstream to the consumers seen in CPI). This implies that there is a chance for some components of CPI to be lowered in the coming update. Crude Oil Inventories ended with an excess of 0.597M compared to an expected drawdown of 0.583M. This implies that the demand looks to be weaker than expected. Initial Jobless Claims came out higher (239K compared to the expected 232K). There is more unemployment than expected. Retail Sales came out to be more disappointing t

On April 12th, US CPI and the minutes of the March FOMC meeting were released. After the two key events, the pricing of Fed rate futures and the Wall Street investment banks led by Goldman Sachs' chief economist Jan Hatzius all generally expect that the Fed will raise interest rates for the last time at the May FOMC meeting.So what has been the performance of US, Hong Kong, and other major global asset classes before and after the last time the Fed raised interest rates in history?The following chart shows the 16 times the Fed has raised interest rates for the last time since 1971. In the year following these events, the US economy has gone into recession 8 times and not gone into recession 8 times. Therefore, we will first look at the historical performance analysis of these two situation

In today's edition, we will track the fundamental readings of long-term bullish companies in strong (TigerTrade Top 1 Gainer) concepts each week and look forward to your attention and discussion.Disclaimer: Capital at risk. This is not direct financial advice or a recommendation to acquire or dispose of any investment, but for communication only.3 of the 3 indexes closed green last week. The stock market indexes closed mixed despite both consumer prices and producer prices coming in better than expected. The best-performing concepts are solid-state battery, gene editing, lithium battery, US infrastructure and British banks.Considering the different perceptions of the stock, this time TigerPicks choose $Sociedad Quimica Y

1.Major Indexes ReturnsThe major US indexes traded in a narrow range for the second week in a row. The $S&P 500(.SPX)$ and the $DJIA(.DJI)$ both added around 1% to record their fourth positive week out of the past five and the $NASDAQ(.IXIC)$ generated a fractional gain.The $Cboe Volatility Index(VIX)$ that measures investors’ expectations of short-term U.S. stock market volatility fell for the 4 week in a row.As of last Friday, the$Straits Times Index(STI.SI)$ gained 1.28% last week and