To The Moon

buying JEPI ETF Hey June Joylove fans, hope you're all having an amazing day full of joy and love! 🌸💕 Guess what, I've got some exciting news to share with you today, so get ready to dive into the world of investments and dividends! 😄📈 So, let's talk about this awesome move I made on August 21st – I couldn't resist diving into the world of investments, and I decided to buy the JEPI ETF from JP Morgan at a price of $54.50 per share. I mean, who can resist the allure of potential growth and financial gains, right? 💰💰 Now, the cherry on top of this investment sundae is the fact that I'll be receiving a sweet 0.3 dividend every month on the 1st date. How cool is that? Imagine waking up to some extra cash in your pocket just like that – it's like a little monthly gift from the financial u

Public Holidays No public holidays for Hong Kong, Singapore the US & China in the coming week. Economic Calendar (31Jul2023)‌ Economic calendar for the week staring 31 July 2023 Notable Highlights PMI - The US and China will be releasing their PMI data in the coming week. For China, its July Manufacturing PMI is expected to be 49.2 and 46.5 for US ISM Manufacturing PMI. Both seem to imply a contraction in their manufacturing. On top of these, there will also be S&P Global US services PMI and ISM non-manufacturing PMI. These will be for the non-manufacturing (some call these services) sector where growth is expected. Jobs-related data. Various job-related data will be released this week - JOLTs Job Openings (June), ADP Nonfarm employment change, Average Hourly Earnings (MoM for July

My investing muse - when an earnings beat does not imply that the business is getting better, interest rate, PCE & Tesla The above is the recent history of earnings forecast of AMD covering EPS and revenue. For the history above, we can notice that the single best quarter for AMD was the quarter ending June 2022 when the earnings beat both EPS and revenue forecast. In fact, it was the recent quarterly high for revenue at 6.55B and one of the highest quarterly EPS at 1.05. For the following quarters, the forecast for both EPS and revenue has not matched this Q2/2022 peak. This means that a double beat does not always mean that it is doing better than previous earnings. Bringing down the estimate is one of the ways to achieve an earnings beat. Ideally, we are hoping that there will be a

1. Tourist arrivals in #Macau, the gambling Mecca of Asia, hit 2.2 million in June. That was 71% of pre-pandemic levels for the same month in 2019. For the first 6 months of the year, tourist arrivals reached 13 million, or about 70% of pre-pandemic levels. There’s definitely a significant level of improvement in the territory’s tourism-driven economy following several years of lockdowns, which closed off Macau to both mainland Chinese and international tourists.#Casino operators are spending billions to reinvent themselves into more family-oriented establishments after Beijing’s crackdown on junket operators with a reputation for aiding illicit money flows out of China. S&P Global estimates Macau’s total Gross Gaming Revenues (GGR) to reach 75% to 85% of 2019 levels, which would indic

As the broader market continues to move higher, some stocks are also reaching new highs before their earnings. 1. $Netflix(NFLX)$ rose to $478.15 on 18th July. Netflix's decision to start monetizing password-sharing users, a practice that was previously tolerated, is expected to have a positive impact on the company's Q2 2023 earnings. The move is seen as a strategic step to increase revenue and attract more subscribers.In response to the crackdown on password-sharing, more than 3.5 million new sign-ups were recorded in the U.S. alone in June 2023, making it the largest single month of subscriber acquisition ever measured for the service.Wall Street analysts anticipate Netflix's revenue for Q2 to be around $8.29 billion, representing a

As America celebrates Independence Day on 4th July, overall mood must be one of euphoria. This is because the US market closed “higher” on Mon, 03 Jul 2023 even if it was merely a 4 hours trading session. Incidentally, this was my prediction in my post dated 03 Jul - US Short Trading Week, Will Tesla Rally On? If interested, click on “blue title” to read. Give a “Like”, “Share” & “Re-post” after ok. Thanks! When US market closed at 1:00pm: DJIA: +0.03% (+10.87 to 34,418.47). S&P 500: +0.12% (+5.12 to 4,455.59). Nasdaq: +0.21% (+28.85 to 13,816.77). On a separate note, before diving into the topic’s subject, I wonder whether am I, the on

Market OverviewU.S. stocks closed lower on Monday (June 26), as investors were wary of betting on riskier assets before seeing the outcome of Russia's aborted weekend mutiny.Regarding the options market, a total volume of 32,031,124 contracts was traded, down 15% from the previous trading day.Top 10 Option VolumesTop 10: $SPY(SPY)$; $QQQ(QQQ)$; $TSLA(TSLA)$; $NVDA(NVDA)$; $AMZN(AMZN)$; $AAPL(AAPL)$; $IWM(IWM)$; $AMD(AMD)$;

S&P 500 ETF (SPY) Elliott Wave Sequence Remains Bullish June 21, 2023 By EWFRaj Short term, SPY favors higher in impulse Elliott wave sequence started from 5.04.2023 low and expect further strength to continue in wave 3. SPY finished wave 1 at 417.62 high started from 3.13.2023 low. It placed ((i)) at 402.49 high and ((ii)) at 389.33 low as 0.618 Fibonacci retracement. It finished ((iii)) of 1 at 416.06 high and ((iv)) at 403.78 low. Finally, it ended ((v)) at 417.62 high as wave 1. It corrected lower in 2, ended at 403.74 low as 0.382 Fibonacci retracement of wave 1. Above there, it favors higher in wave 3 and expect further strength to continue before correcting in 4. Within wave 3, it placed ((i)) at 420.87 high and ((ii)) at 409.88 low as 0.618 Fibonacci retracement of ((