To The Moon

Banks Lose Billions in Value After Tech Lender SVB Stumbles Index of banks posts biggest drop since pandemic roiled markets nearly three years ago Greg Becker, chief executive of SVB, tried to reassure venture capitalists and other clients in the tech sector. Investors dumped shares of SVB Financial Group and a swath of U.S. banks after the tech-focused lender said it lost nearly $2 billion selling assets following a larger-than-expected decline in deposits. The four biggest U.S. banks lost $52 billion in market value Thursday. The KBW Nasdaq Bank Index notched its biggest decline since the pandemic roiled the markets nearly three years ago. Shares of SVB, the parent of Silicon Valley Bank, fell more than 60% after it disclosed the loss and sought to raise $2.25 billion in fresh

$Apple(AAPL)$ There are 365 days in a year, so what any stock does in one day is rather insignificant for any long-term shareholders. Let all those stocks fly by Apple. We can tally the gains at year's end to see which stock wins out. I've held Apple for nearly 20 years, so even one year is of little consequence to me. I just know I'm far ahead in gains.Nvidia is flying today but only basically recovering from a disastrous 2022. What happens one day for a stock doesn't really give much useful information about a company.Apple is a long-term investment that will pay you off handsomely if you have the patience and the fortitude. If you can’t take the heat, get out of the kitchen. Posts from inexperienced, naïve investors ar

The Nasdaq Composite index has a habit of bouncing back strongly after a losing year.

Fed lifted its policy rate by 75 bps to a 3.00-3.25% range and rate cuts are not foreseen until 202

SummaryA friendly reminder that AAPL will be reporting its FQ4'22 earnings on 27 October 2022.It seems that this giant could not escape the dreary recession party, just in time for the upcoming Hallow