To The Moon

Chevron (CVX) Flat Correction Remains In Progress January 29, 2024 By EWFHendra Chevron is a major global energy company involved in oil and gas exploration, production, refining, and marketing. Operating in over 180 countries, the company emphasizes sustainability, innovation, and corporate responsibility, with a focus on maintaining substantial energy reserves and addressing environmental concerns. Chevron Monthly Elliott Wave Chart Chevron Monthly Elliott Wave Chart Monthly Elliott Wave chart of Chevron (CVX) above shows that the stock has traded sideways since making all time high on November 14, 2022 at 189.68. It’s currently pulling back in wave (II) to correct cycle from 3.19.2020 low as an expanded flat Elliott Wave structure. Rally from 3.19.2020 low ended wave (I) at 182.4. Down

[666]Hello Tigers,Happy investing this week. [Miser]This week, the release of US public company earnings for the fourth quarter of 2023 reaches a climax that is expected to roil the market as big company earnings are released.🎁Capturing Top 10 Ex_dividend Over $1: COST, TXN, BMO, NSC, and VRTSBelow you will find two tables with the list of shares that are expected to show year-on-over-year EPS growth in earnings per share in the last quarter.1. Top 10 companies by market value expected to show earnings YoY growth this week.$Microsoft(MSFT)$ , $Apple(AAPL)$, $Alphabet(GOOG)$,

On January 24th, the People's Bank of China announced a reduction in the reserve requirement ratio by 0.5 percentage points, scheduled to take effect on February 5th. This move is aimed at providing the market with long-term liquidity of approximately 1 trillion yuan. Additionally, on January 25th, the interest rates for re-lending and rediscounting to support agriculture and small businesses will be lowered by 0.25 percentage points.Following the announcement, interbank interest rates and bond yields experienced a sharp decline. The yield on 10-year government bonds fell by 1.35 basis points to 2.49%. The Hang Seng Index initially rose, then retreated and rebounded, with market participants interpreting this as a certain degree of market approval.Subsequently, several mutual funds urgentl

Shrugging off attempts by Federal Reserve officials to tamp down expectations of a rate cut, the S&P 500 neared an all-time high, extending a seven-week winning streak. The S&P 500 is now only about 1.2% away from its all-time closing high set in January 2022.Goldman Sachs on Monday raised its year-end forecast for the S&P 500 to 5,100, citing the Fed's dovish turn last week, lower consumer prices and expectations of lower real interest rates.On December 18, NIO announced that it signed a new round of share subscription agreement with CYVN, an ABU Dhabi investment institution. Under the agreement, CYVN will invest A total of $2.2 billion in cash to subscribe for 294 million newly issued Class A common shares of NIO at a purchase price of $7.50 per share, and the transaction is

Swing trading is an investment strategy that involves buying and selling trading activities of stocks or other assets based on short-term price fluctuations within a relatively short period. The goal of swing trading is to capture short-term price movements and achieve quick profits.In simple terms, swing trading is a fast-paced investment strategy.This trading approach is typically suitable for investors who are skilled in analyzing market trends and technical indicators. They closely monitor the ups and downs of stock prices and make rapid buying and selling decisions.The key characteristic of swing trading is the relatively short holding period, usually ranging from a few days to several weeks or even shorter. This is different from long-term investment strategies, where investors focus

At the end of 2023, US stocks rose again to get rid of the gravity of the earth, which surprised everyone.In fact, throughout 2023, the U. S. stock market has been beating the face predicted by Wall Street investment banks at the beginning of the year, from the first half to the second half of the year to the end of the year.The direct driving force behind the rally at the end of the year was brought by Federal Reserve Chairman Jerome Powell.After the last Federal Open Market Committee (FOMC) meeting of the year on December 13, the Fed announced a third interest rate hold and signaled that tightening monetary policy was over, with three rate cuts likely in 2024.All three major U.S. stock indexes, $S&P 500(.SPX)$

Recently, semiconductor company stock prices have significantly pullbacked, among which:Lithography giant $ASML Holding NV(ASML)$ corrected 22.5%; $Applied Materials(AMAT)$ , the world's largest semiconductor equipment company, saw an 11% pullback; $Advanced Micro Devices(AMD)$ pullbacked 23.6%;Chip contract manufacturing giant $Taiwan Semiconductor Manufacturing(TSM)$ back 19.4%...What happened? Is this semiconductor pullback a buying opportunity?In general, the main reason for this wave of semiconductor pullback is that semiconductor fundamentals cannot match skyrocketing stock prices.For example, Applied Materials, befo

In the 38th week of the year (ending 23rd of September), the United Auto Workers (UAW) union discussed intensifying its strikes against the "Big Three" - Ford ($Ford(F)$), General Motors ($General Motors(GM)$) and Stellantis ($Stellantis NV(STLA)$) - by going beyond a single assembly plants for each carmaker to plants that produce more profitable vehicles such as Ford's F-150, GM's Chevy Silverado and Stellantis' (Dodge) Ram on Friday. The initial strike by UAW was unprecedented: the union had never initiated action against all three carmakers simultaneously before. As of Friday of the 38th week, 38 plants within the “Big Three’s” manufacturing ecosystem in the U.S. h