To The Moon

On Wed, 10 May 2023 evening I was keeping virgil by my mobile phone, like everyone else. Just so that when the news of US April CPI is out, I would know “immediately”. When the news flashed across my mobile screen, I heaved a sigh of “relief”. CPI was “4.9%”, 0.01% “higher” than my personal forecast (click to read my post! and give a “LIKe” ok, tks!). It was a “memorable” moment because this is the first time in two years that US’s CPI comes in “sub 5%”. Deserves a celebration, no? Strangely enough, the market did not rally as I had hoped it would. By the time market closed: DJIA was down -30.48 (-0.09%) to 33,531.33. S&P 500 was the only index upped marginally +18.47 (+0.45%) to 4,137.64). Best performer. Nasdaq w

$Walt Disney(DIS)$ will be announcing its previous quarter results after the market closes today. With the reopening of global economies and international borders, Disney may count on the return of visitors by flocks to its theme parks, though at the same time users of its Disney+ streaming platform will also be pampered with increasingly more outdoor entertainment alternatives as COVID-19 restrictions get lifted, leading to earnings pressure on its streaming platform. Furthermore, Disney+ continues to face intense and rising competition from the likes of the incumbent $Netflix(NFLX)$ and aggressive $Amazon

Earnings of growth stocks diverge greatly in this earnings season.$Snap Inc(SNAP)$ shares dropped as much as 20%; $Cloudflare, Inc.(NET)$ plunged as much as 25% in after-hours trading Thursday; $Lyft, Inc.(LYFT)$ dropped 17%; $Upstart Holdings, Inc.(UPST)$ surged 50% yesterday.The roller-coaster ride of growth stocks happens every day in this earnings season.How to profit from their divergence and wild ride?Straddle helps you profit from high volitilityStraddle refers to buying a combination of “call and put” with the same strike price and expiration date, with the strike price usually taken close to the current price (AT

Alibaba Group Holdings started the new fiscal year quarter 1 reporting for FY2022 by delivering a pretty decent resultsRevenue for the quarter is at US$31.8 billion, which represents a 34% increase year on year. This includes the consolidation of Sun Art, which was consolidated into the Group numbers from previous quarter.Without Sun Art, revenue would have grown 22% year on year.Monthly Active Customer (MAU) for the platform ecosystem grew to 1.18 billion globally, which is an increase of over 45 million from the previous year. This is broken down into 912m for China consumers and 265 International consumers outside China. Inside China's 912m active users, 828m is mostly engaged in Taobao and Tmall - a dominant China retail marketplace.Income from operations and EBITDA decreased by 11% an