To The Moon

Private placement, is a method of financing in which a company issues new shares to specific investors through a non-public offering. The primary purpose of private placement is to raise funds for the listed company.Unlike public offerings, private placements are not open to the general public and are conducted privately with selected investors.Private placements are typically used to meet the financing needs of the company or to introduce strategic investors. During the private placement process, the company sells new shares to specific investors, which may include large institutional investors, private equity funds, strategic investors, etc.The price of private placement shares is usually discounted compared to the market price to attract investors' participation.For investors, participa

The highly awaited inflation report, the Consumer price index (CPI) for November 2023 — was released on Tue, 12 Dec 2023. (see below)Just as the FOMC set to convene for the last time in 2023.US -- core CPI for November 2023US’s November core CPI came in at 4.0% as core inflationary pressures remain more stubborn.It is the same as (a) analysts’ forecasts and (b) October 2023 inflation rate.This is the first time since March 2023 that core inflation did not fall but remained status quo.Optimistically, inflation has cooled on an annual basis, US started 2023, with a core CPI of 5.6% (January).This bolster investor hopes that the Federal Reserve will hold interest rates steady as it wraps up it FOMC meeting on Wed, 13 Dec 2023."With underlying inflation set to trend lower only gradually n

It’s that time of the year and I don’t mean “Christmas”. :-p Rather it’s that time of the year where Wall Street’s top strategists inform clients where they see the stock market heading in the year ahead. Typically, the average forecast for the group predicts the $S&P 500(.SPX)$ climbing by about 10%, which is in line with historical averages. This year, strategists are offering a pretty wide range of views. Some see weakness. Some see strength. The targets range from 4,200 to 5,500, implying returns between -8.5% and +19.7% based on Fri, 01 Dec 2023’s closing. For what it’s worth, the forecasts are not as skewed to the downside as they were in 2022. Caution ! Before proceeding, please remember to take the predictions with a pinch of salt. Do

Since the November FOMC meeting, market expectations for future rate hikes have changed slightly, as shown in the table below, from the day after the last FOMC meeting to the end of last week:Notable changes include:Modest expectations for a 25 basis point rate hike by January (32.5 per cent) have shifted to slightly narrower expectations for a rate cut (4.8 per cent).The rate cut was not fully priced in until July.Market expectations for a rate hike in March have shifted from 11.7 per cent to 49.4 per cent.Interest rate expectations fell 25 basis points in December to 4.334% from 4.543%. In other words, there will be one rate cut in 2024.The chart below shows the pace of the current quantitative tightening (QT) of the Fed's balance sheet. The latter table shows the SPX's reaction to recen

The three major US stock indexes touched 52-week highs during Tuesday's trading, with $S&P 500(.SPX)$ hitting its highest level since January 2022. Chip stocks show strength on Tuesday. They benefit from AI heat in 2023. $Broadcom(AVGO)$ and $KLA-Tencor(KLAC)$ reached all-time-highs of $1079.39 and $564 respectively. $Advanced Micro Devices(AMD)$ hit another 52 week high of $139. $Qualcomm(QCOM)$ closed at $136, one step closer to 52 week high of $139. $Adobe(ADBE)$ , the generative AI concept stocks, continued to break record an

It’s that time of the year and I don’t mean “Christmas”. :-p Rather it’s that time of the year where Wall Street’s top strategists inform clients where they see the stock market heading in the year ahead. Typically, the average forecast for the group predicts the $S&P 500(.SPX)$ climbing by about 10%, which is in line with historical averages. This year, strategists are offering a pretty wide range of views. Some see weakness. Some see strength. The targets range from 4,200 to 5,500, implying returns between -8.5% and +19.7% based on Fri, 01 Dec 2023’s closing. For what it’s worth, the forecasts are not as skewed to the downside as they were in 2022. Caution ! Before proceeding, please remember to take the predictions with a pinch of salt. Do