To The Moon

US market on Wed (22 Mar) traded directionlessly until 2:00pm when the FOMC meeting was over with the press conference by Mr Powell, hot on the heels. When the 0.25% interest hike was confirmed, market “reacted positively” initially. It was afterall the much anticipated 0.25% and not the much feared 0.5%. The “euphoria” proved to be short-lived as the press conference pressed on with Mr Powell further confirming that there would be no let down from the central bank in their fight to bring inflation down. Personally I think, it is commendable that the Fed Reserves provides a clear direction of where they are heading without being ambiguous. Doing so minimizes “speculations” of any sorts to be postulated by Wall Street to smoke-screen and “fool” the general public. Agree ? By The Time Market

Obviously, there is going to be a significant outflow of talents, assets, clients and risk appetite (including stricter capital requirements).Whether all the other complicated procedures described were actually met or FINMA used some of the discretionary judgment it apparently legally has might be a different issue. I suspect the salesmen selling these things may also have been equally ignorant of exactly what they were offering.However these "instruments" apparently were never intended to have the conventional seniority of bonds, a nuance the buyers in their attempt to get some real return in a zero interest rate environment may not have understood.Lots of so-called sophisticated investors are not always as sophisticated as they think they are when delving into and understanding what some

Elon MuskIMAGE SOURCE, GETTY IMAGES Tesla made a $140m (£113.5m) loss on its Bitcoin investments in 2022, according to filings. The electric car maker told the US regulator it lost $204m on Bitcoin overall, though it gained back $64m through trading. Tesla put $1.5bn into Bitcoin in early 2021, with chief executive Elon Musk saying it would be accepted as payment. It changed course a few weeks later, and Tesla has since sold most of its Bitcoin holdings.

$C3.ai, Inc.(AI)$ chart looks bullish. It’s consolidating nicely in a range since early February between $20-$28.50 and seems to have formed a double bottom at $20.00. If it can hold that $20-$21 and the LTL, it should move back up towards the $28 level.I’ve been able to take out a pretty nice position on this dip. Long hold not selling for less than 100.Good spot to pick up shares.

Hi Tigers,Welcome to check the latest High Dividend Yields lists of 13 SGX companies whose Yields exceed the 12 months Fixed Deposit Rates of most SG banks. Welcome to find and share your most bullished one.Best Fixed Deposit Rates(MAR 2023)Notes: Fixed deposit interest rates listed here are mostly promotional interest rates that change monthly, and some might not even have a specific expiry date.The 13 High Dividend Yeilds stocks are as belowCompanyMarket Value (SGD)Current Price (SGD)Dividend YieldYTD 2023Industry$GOLDEN AGRI-RESOURCES LTD(E5H.SI)$3.61 B0.286.70%14.00%Agriculture Products$KEPP

NVDA: Two more directors sold shares at around 230 on 1 March, according to the latest form-4 filings. They sure thank retail for buying into the AI narrative. What's That? A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. When it is accompanied by declining volume, it can signal a trend reversal and a continuation of the bear market. Declining volume is a giveaway The Breakdown One thing experienced traders love about this pattern is that once the breakdown happens, the target is reached very quickly. Unlike other patterns, where confirmation must be shown before a trade is taken, wed

After more than a month of sideways, bulls and bears are impatient, Powell is also impatient, even said to speed up the pace of rate hikes, so the March rate hike probability of 50 basis points into 70%. Yesterday's article mentioned that there are two opinions in the market:Ultra-hawkish rate hike: 50 basis point rate hike probability in MarchDovish: The Fed can live with 3% if inflation doesn't fall quickly to 2%.Before yesterday, the market favored 2 more than 1.At the start of the year, the consensus was for a longer rate rise, not a higher one. There is a consensus that inflation cannot fall quickly, but there is a sense that rate rises need to be gradual and Mr Powell is unlikely to reverse his plan for gradual quarter-point increases. If inflation cannot come down quickly, the Fed'