To The Moon

Hopes are high on $Alibaba(BABA)$ ’s earnings slated to be released before US market opens tonight, after its peers $JD.com(JD)$ and Tencent reported results that had exceeded market expectations. Alibaba and JD are the two largest Chinese e-commerce companies typically benchmarked against each other, though their business models are essentially distinct from one another. Alibaba offers third-party platforms for consumer-to-consumer and business-to-consumer on-line transactions, whereas JD derives most of its revenue from its first-party marketplace by maintaining its own inventory and selling direct to consumers, not unlike Amazon does. By virtu

Welcome to this week's Thursday Special! The Big Short: Michael Burry tweeted "Sell EVERYTHING" in 2022. Michael Burry just sold all his stocks and the reason why is terrifying - YouTubeAnd he said "Sell" at the end of January this year. It seems he only sells at the correct time once. [LOL]Will Stocks Fall? Michael Burry Says 'Sell' in Ominous Tweet Ahead of Fed - BloombergSo, today’s topic is “What is the next big short?”You may find some clues from earnings, the "black swan," any data that exceeds expectations or deviates from the norm. Please share your opinions with evidence in the comments.For example, some people believe it is a cryptocurrency, while others think it is commercial real estate. What are your thoughts?Tips:Everyone who shares&nbs

It was a “pleasant” surprise to wake in the morning to find that US market has staged a 1-day rally where gains were quite “substantial”. As mentioned in my Tue, 16 May post’s opening paragrahs, “pointless” to celebrate because market will struggle thru this week, in a “confused” state. See what I mean? US market’s futures for Thu, 18 May is a “red” wash all over again. Without a national issue eg. Debt Limit, the US market is already “unpredictable” at times; let alone with one now, the US market is going to get even crazier. While trying to play the devil’s advocate on the US Debt Limit issue, I stumbled upon the article by The Council of Economic Advisors (CEA) on the economic impact based on different degrees of Debt

In my post on Tue, 02 May 2023 (click here to read ! and give a “Like”), I have shared my worries about US debt limit impasse may further weaken US stock market, that is still reeling from the US regional bank crisis contagion. US Debt clock Above is the latest snapshot of US debt clock: Figures in “red” represent expenses / money spent. Figures in “green” represent revenue / money received. So many red items and so few greens ! Latest Development: President Biden has invited Republican House Speaker Kevin McCarthy to meet at the White House on Tue, 9 May 2023. This will be the first meeting between the two leaders to discuss the issue since it first surfaced on 13 Jan 2023 when US Treasury Secretary, Ms Janet Yellen s

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