To The Moon

CONTENT: Summary - Main events - Market scenario - SPX levels - Agenda. $S&P 500(.SPX)$ rose 1.5%, taking its weekly gain to 1.8%. $NASDAQ(.IXIC)$ continued its advance with 1.1% to hit a 52-week high. He gained 2% weekly, extending his winning streak to six weeks. (longest winning streak since January 2020). $DJIA(.DJI)$ by 2.1%, with the biggest one-day point gain for the Dow Jones since Nov. 30, 2022 (about 701 points). Although big tech stocks have gone it alone in recent weeks, raising questions about the real breadth of the market, on Friday all 11 sectors of the S&P 500 rose... Market valuation The reset in VVIX and skew this week has been absol

Even as Tesla reaches new highs in this few months, I prefer to hold on to it. It is part of the many EV stocks I am slowly accumulating. Why? The numbers of EVs in Singapore was 6500 and currently increasing. The government in Singapore is pushing for this iniative "Power Every Move", as part of the Singapore Green Plan, to replace all ICEs cars (internal combustion engines cars) with EVs by 2040. This effort also includes not only EVs, but charging stations as well, where there is a target to set up 60000 charging points by 2030. They plan to set up these points in every town by 2025. The green iniative does not only stop at cars, but public buses as well, where Singapore has started to trial Electric Buses, aiming to replace 400 of them by 2025. Looking at this green push, I have no dou