To The Moon

Here are this week's investing and economic insights: #MarketTrends China's Economic Doomsday: Are Your Investments Safe? China's economy is facing significant challenges with six key indicators flashing red. GDP growth has slowed to 0.8% in Q2, exports declined, the Consumer Price Index fell into deflation, youth unemployment surged to 21.3%, the yuan hit a 16-year low against the USD, and new loans decreased dramatically. These issues pose a risk to global economic growth. Click here for bigger image>> image The Insight: How To Find The Opportunities Investors should consider cautious approaches to Chinese st

With a staggering 72% surge in its stock price, investors are left both exhilarated and perplexed. But is this meteoric rise of $Aurora Cannabis Inc(ACB)$ justified, or are we simply riding the waves of legalization rumors? Aurora Coast Grow Room A glimmer of hope for Aurora Cannabis comes from its resolution of the convertible notes issue. The company has taken steps to alleviate its interest burden by swapping some notes for stock. While this move undoubtedly aids in tidying up the capital structure, it alone might not warrant the stock's 18% leap. So, what's fueling this rapid ascent? Joe Biden's alleged backing for the movement The buzz around cannabis legalization is a significant driver. Talks of possible federal legalization have been gainin

$Alphabet(GOOG)$, the search engine giant, is currently facing one of the most significant legal challenges in its history – a 10-week antitrust trial that has the potential to reshape the tech industry and impact Google's stock price. This trial, which began in a Washington D.C. federal courtroom, is reminiscent of the landmark case against $Microsoft(MSFT)$ in the late 1990s, and it could have far-reaching consequences for Google's dominance in the online search market and its stock performance. The Antitrust Battle The U.S. Justice Department, along with dozens of state attorneys general, is alleging that Google has abused its market power in the online search industry. They a

On the last trading day of Aug 31, US market did not manage to end on a “high” as many retail investors had hoped. The “third time is a charm” magic did not take place. Could it be due to the release of US’s Personal Consumption Expenditure (PCE) report for July 2023? When evening arrived: DJIA: -0.48% (-168.33 to 34,721.91). For Aug 2023, the 30-stock Dow dropped -2.36%. S&P 500: -0.16% (-7.21 to 4,507.66). Index soared +21% in the first 7 months. For Aug 2023, the broad-market index lost -1.77%. Nasdaq: +0.11% (+15.66 to 14,034.91). Only index registering a 5th consecutive win. But still suffered its worst monthly loss of 2023. For Aug 2023, the tech-heavy index lost -2.17%. The culprit that led to US market Thursday's mixed performance was none other than US’s July 2023 Personal Co

On Tue, 29 Aug - it was (a) JOLTs and (b) CB Consumer’s confidence report that gave US market the much-needed boost to trend higher. On Wed, 30 Aug - it was (c) ADP employment data and (d) US Q2 GDP 2nd estimates that continued the good work. By the time trading drew to a close: DJIA: +0.11% (+37.57 to 34,890.24). S&P 500: +0.38% (+17.24 to 4,514.87). Nasdaq: +0.54% (+75.55 to 14,019.31). Managed to crawl back to the 14,000 level. On Tuesday & Wednesday, stocks jumped after official data was released in the mornings. The ADP National Employment reported private payrolls rose by 177,000 jobs in Aug 2023 (see above). Versus 195,000 jobs estimates forecasted by Economist polled by Reuters. More importantly, it is a drastic fall of -194,000 job openings or -52.29% from July’s 371,000

Strategy introduction:Selling a put option is a common option trading strategy.A put option, as its name suggests, represents the right to short a stock. A trader buying a put option usually indicates a bearish trend in the stock, while selling a put option indicates that the trader wants to buy the stock at a certain strike price, or believes that the stock price will not fall below a certain strike price for a certain period of time, thereby earning a premium.Sell the put option to receive the right to profit, and assume the obligation to exercise the right to buy the stock at a future agreed time.Strategy advantages: sell to get the right fee, when the option expires, when the stock price is higher than or equal to the exercise price, there is no need to accept the positive stock.Strate