To The Moon

Bitcoin - One year chart On 08 Nov 2021, Bitcoin peaked at US$65,019 per coin (ball park). Interestingly, Bitcoin peaked during the covid period. Could it be that people were awashed with liquidity at that point in time and decided to speculate & drive the price up, up, up? On 21 Nov 2022, Bitcoin bottomed at US$16,617 per coin (ball park) - see above. It has fallen a whooping -US$48,402 per coin or -74.44%. It took Bitcoin almost 8 months to “sort of” achieved a new 2023 peak of US$31,030 per coin (ball park) on 14 Jul 2023. It has come off from that peak but from the recent last 7 days chart (see below), it is rising again. Bitcoin - Last 7 days activities Catalyst @ Work? There is reason for celebration (see above). Crypto asset manager Grayscale Investments has been entangl

My investing muse - oil, Apple & Huawei Oil and the OPEC+ impact From Y Chart: US Retail Gas Price is at a current level of 3.925, down from 3.931 last week and down from 3.938 one year ago. This is a change of -0.15% from last week and -0.33% from one year ago.The US Retail Gas Price is the average price that retail consumers pay per gallon, for all grades and formulations. Retail gas prices are important to view in regards to how the energy industry is performing. Additionally, retail gas prices can give a good overview of how much discretionary income consumers might have to spend. Since Jan 2023, US retail gas prices are on an uptrend. This sounds like “inflation inbound”. From the Crude oil price chart, we see a recent surge in oil prices as OPEC+ declared production cuts. I

Founded in 1902, $3M(MMM)$ has carved out a remarkable legacy of innovation, steering its growth for over a century. Renowned for its commitment to research and development, the company boasts a diverse portfolio, spanning from adhesive tapes and Post-it Notes to industrial abrasives and healthcare solutions. This diversified conglomerate has thrived in both bull and bear markets. Let's delve into 3M's recent performance amidst its steepest and most prolonged stock price decline in history, while also exploring its potential for a resurgence. [Smart] Is MMM A Buy? Recent Fall 3M has traversed a challenging period in recent years, witnessing its stock price plummet by a substantial 64.44% since its zenith in 2018, constituting one of the lengthiest

U.S. consumer spending rises in June, inflation increases . NEW YORK, July 30 - U.S. stocks fell on Friday with Amazon.com shares declining after the company forecast lower sales growth, but the S&P 500 still posted a sixth straight month of gains.Amazon.com Inc shares sank after it reported late on Thursday revenue for the second quarter that was shy of analysts' average estimate and said sales growth would ease in the next few quarters as customers ventured more outside the home.Shares of oth

(July 22) Cryptocurrency-related stocks soar in premarket trading. Bitcoin rose 1% from its 5 p.m. E

After the initial tumble last night - afterAPI reported an unexpected build in crude inventories (an

(July 20) U.S. stock main indexes rose more than 1% in morning trading.