To The Moon

My investing muse - PCE, BRICS and de-dollarisation, PCE & banking PCE & other economic data recap Economic calendar for the week ending 31 Mar 2023 The table above details the critical economic data for the week ending 31 Mar 2023. here are some observations: CB consumer confidence is much stronger (104.2) compared to the forecast of 101.0. This implies that there is much more optimism from consumers. Crude oil inventory saw a bigger drawdown of -7.489M barrels - this can typically imply a more bullish outlook. Pending home sales came out much better than expected. Initial jobless claims came out worse than expected. However, it is the Core PCE price index of 0.3% (compared to the forecast of 0.4%) that sent the market into a rally as this trusted inflation figure came out to be l

$Meituan(03690)$ Date: 20 March 2023 Technical Indicators Moving Average: The current price is on exponential moving average. RSI highlight is currently showing neutral. On-balance volume (OBV) is currently showing that it is falling. In conclusion, personally I feel that what the technical indicators are showing, the price will fall over the next few days or even over the next few weeks. Let's see if I am correct or wrong in this analysis.

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Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng trading 0.3% higher.