Latest results while positive seems to not meet expectations, resulting in price pullback. We could see stock trend lower in the near term, given the huge increase in past weeks, before moving up again. $300 per share before end of year is a possibility.
How did investing themes change in the first half of 2023? January: China stocks - $Alibaba(BABA)$ $Pinduoduo Inc.(PDD)$ China stock gained most attention at the beginning of this year. $Alibaba(BABA)$ rose to near $120 in Jan. and $Pinduoduo Inc.(PDD)$ surged to $106.Cohen bought hundreds of millions of dollars of $Alibaba(BABA)$ in the second half of 2022. He first spoke with Alibaba's board last August to express his desire for a long-term relationship with Alibaba, people familiar with the matter mentioned.Feburary: Chatgpt -
Speaking at the ECB's annual forum on Thursday, Powell did not rule out a series of rate hikes. "The only thing we decided was not to raise rates at the June meeting... You know, I wouldn't rule out doing it in successive meetings." "The committee clearly believes that there is more work to be done and that more rate hikes may be appropriate."Now, the market expects that the Federal Reserve has an 80% probability of raising interest rates in July, and the probability of a second rate hike is 50%, which can be said that the market has fully digested the expectation of two rate hikes.That's not my judgment, that's the judgment of the agency:sell $AAPL 20230714 190.0 PUT$sell put, 8,000 lots, and the strike