To The Moon

Public Holidays There are no public holidays in the coming week for Hong Kong, China, the USA & Singapore. Economic Calendar (16Oct2023) Economic Calendar for the week of 16 Oct 2023 Notable Highlights Retail Sales. Core retail sales & retail sales data will be released. This will be a good reference on domestic consumption in the USA. China’s GDP will be released. This can be a good indication for global consumption. Building Permits and Existing Home Sales will be released in the coming week. These will be a good reference for the real estate in the USA. There were concerns that a real estate bubble. The data will help to give better insights for this sector. Philadelphia Fed Manufacturing Index will allow us some insights on the manufacturing sector in the USA. Jobless claims.

🌟🌟🌟After 1 week of Israel Hamas war, at least 3500 people died and 400,000 people lost their homes. The grim news has affected the US markets on Friday with the markets closing down. With such dire news, it is not surprising that Meme stocks were negatively impacted. $Palantir Technologies Inc.(PLTR)$ was down 3% on Friday despite trading upwards earlier in the week. However it is still up a strong 171% year todate. The latest news that Palantir was awarded a USD 250 million contract from the US Department of Defense boosted Palantir's share price. Palantir is also favoured to win the USD 595 million NHS contract in the United Kingdom. This is the biggest ever NHS England IT Cont

🌟🌟🌟Warren Buffett has said "Never Bet Against America". He said that despite some severe interruptions, America's economic progress has been breathtaking. $SPDR Portfolio S&P 1500 Composite Stock Market ETF(SPTM)$ and $Vanguard Total Stock Market ETF(VTI)$ are 2 ETFs that bet on the future of America. Both are low cost ETFs with a low expense ratio of 0.03%. SPTM tracks the S&P1500 Composite Index which represents 90% of the US Equity market. It includes stocks in the S&P500 Index, S&P Mid Cap 400 Index and the S&P600 Small Cap Index. To be included in the index the stocks should have positive earnings over the 4 most recent quarters. T

1. $GameStop(GME)$ plummeted 23% as missing the expectation and cancel the earnings call $GameStop(GME)$ down more than 20% in after-hours trading after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss.Ryan Cohen, the billionaire investor whose bold bet on GameStop Corp made him a hero to meme stock traders, took over as executive chairman. GameStop canceled its regularly scheduled quarterly conference call to discuss the company’s earnings.The company released its first-quarter results on Wednesday, reporting revenue of $1.24 billion, missing the Consensus by 7.78%. This compares to year-ago revenues of $1.38 billion.GameStop reported Q1 EPS of ($0.14), $0.02 worse th

Has the long-awaited market correction finally begun? Yesterday, technology stocks generally experienced a decline, with prominent AI companies such as $NVIDIA Corp(NVDA)$ and $Microsoft(MSFT)$ dropping by 3%. $NVIDIA Corp(NVDA)$ closed at $374.75, $Microsoft(MSFT)$ closed at $323.38.If I hold tech stocks, how can I hedge against this? This article will introduce three options strategies to hedge against the potential market correction. 1. Buy putYou can purchase put options on Nvidia and Microsoft to provide downside protection. In the event of a pullback, the value of the put options would increase, offsetting some of

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(Sept 23) Sovos Brands, Inc. opens for trading at $14.7, up about 22% from IPO price.