To The Moon

Investors had a respite in the last 2 weeks as US stocks staged a much needed gain - S&P 500 was up 10% from the low. NASDAQ did even better with a 12% gain.Is the worst over? If one has been sitting on cash, is this the time to go in?This is a common question I get. But let me first explain my view about the recent rally before I answer the question.The bull market has already ended months ago. The good times are over no matter what angles we look at. In terms of the economy, easy money has been replaced by quantitative tightening. Interest rate has been rising with inflation and recession is looming.In terms of fundamentals, companies are showing slowing growth rates and some management have lowered their guidance for the year.In terms of technical analysis, the death crosses have al

BEIJING, Jan 11 - U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, including 245 for export, the China Passenger Car Association said on Tuesday.Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 52,859 China-made vehicles in Novermber, including 21,127 that were exported.Chinese EV makers Nio Inc delivered 10,489 cars last month, increasing by 49.7% year on year, and Xpeng Incdelivered 16,000 vehicles. $Volkswagen

U.S. stock indexes rose Monday as markets reopened after the Christmas holiday and investors assessed the spread of the omicron Covid-19 variant.The Dow Jones Industrial Average gained about 115 points, or 0.3%. The S&P 500 added 0.4% and the Nasdaq Composite ticked up 0.4%.Airline stocks fell after a holiday weekend that saw thousands of flights canceled due to Covid-related issues. The rampant spread of the omicron variant led to a staffing shortage at a time when airlines were looking to ramp

7月30日，美股開盤，道指低開約70點，熱門中概股全線下跌， 亞馬遜跌超7%，第二季度營收、第三季度指引均低於市場預期，且因違反數據隱私法規被歐盟處以創紀錄的8.88億美元罰款。 Pinterest開跌17.3%，第二季度月活數低於預期，遭多家大行下調目標價。

Italian drug container supplier Stevanato Group plans to raise $900 million at a $6.8 billion market cap. Controlled by its founding family, the profitable company supplies glass vials, syringes, and other medical-grade containers to more than 700 customers, including 41 of the top 50 pharmaceutical companies.Shopping center REIT Phillips Edison & Company plans to raise $502 million at a $3.7 billion market cap. This REIT owns equity interests in 300 shopping centers across the US, focusing on l