To The Moon

A Boost for the Blue Oval In a significant development, $Ford(F)$ and the United Auto Workers (UAW) union have announced a tentative labor deal for a 4-1/2-year contract. This agreement is not just groundbreaking but also historic, as it signals the end of a prolonged strike that has lasted over a month. For both the UAW and Ford, this tentative deal is a big win, and it has the potential to influence similar negotiations with other automakers. The core of this tentative agreement involves a substantial pay boost. Workers will see a 25% wage increase over the course of the contract, which kicks off with an initial 11% raise. This is a substantial jump, and when combined with compounding and cost-of-living mechanisms, it equates to more than a 33% pa

Introduction In the world of stock trading, identifying opportune moments to enter or exit a position can be a complex task. One strategy that has gained attention is the Tom DeMark Sequential (TD Sequential) indicator, which aims to predict potential trend reversals. On August 11, 2023, Tesla (TSLA) displayed a Tom DeMark TD9 Perfect Buy signal on its daily chart (see green 9 on the chart below). While this might seem like an enticing opportunity, it's important to consider various factors before making an investment decision. TSLA day chart Understanding the TD9 Perfect Buy Signal The TD Sequential indicator, developed by Tom DeMark, is a technical analysis tool that identifies potential price exhaustion points and trend reversals. The TD9 Perfect Buy signal occurs when a ser

Hello 🐯 Hello Group is actually known as MOMO, the once very popular social networking app for strangers, which released its Q1 2023 earnings yesterday. I. Overall Financial Data 1. Operating income Hello Group Q1 revenue was 2,818.9 million yuan, down 10.5% from 3,148.1 million yuan in the same period of the previous year, and has been declining for N consecutive quarters. The effect is still not very good. By business view: Live video services: revenue was RMB 1,429.3 million, accounting for 50.7% of total revenue, down 11.2% from RMB 1,608.7 million in the same period in 2022, with earnings explaining the decline mainly due to factors related to the new crown pneumonia and product adjustments to adapt to the application pressure caused by regulatory changes in the second quarter o

Earnings Calendar (05Jun2023) - can NIO beat the expectations? Earnings for the coming week starting 05 June 2023 As the earnings season reaches the end, there are a few companies of personal interest for this week’s earnings namely, Gamestop (one of the Meme stocks), Docusign and NIO. Summary of NIO (provided by Google Bard) Here is a summary of the earnings for NIO for the last 5 years: 2022: NIO reported a net loss of $1.2 billion in 2022, compared to a net loss of $4.9 billion in 2021. The company's revenue increased by 103% year-over-year to $10.2 billion. 2021: NIO reported a net loss of $4.9 billion in 2021, compared to a net loss of $1.8 billion in 2020. The company's revenue increased by 100% year-over-year to $5.7 billion. 2020: NIO reported a net loss of $1.8 bil

The Nasdaq 100 $Invesco QQQ Trust(QQQ)$ is heavily concentrated on technology companies, and often used as a barometer of the health of the technology sector. The largest seven companies comprise more than 50% of the weight in the fund. Top seven companies are $Microsoft(MSFT)$, $Apple(AAPL)$, $Alphabet(GOOG)$, $Alphabet(GOOGL)$, $Amazon.com(AMZN)$, $NVIDIA Corp(NVDA)$, $Meta Platforms, Inc.(META)$ and $Tesla Moto

A research report led by strategist Savita Subramanian on Monday stated that among the 30 companies in the S&P 500 index that have already reported their earnings, 90% of them have exceeded earnings per share expectations, and 73% have surpassed revenue expectations.This is the biggest positive surprise in the first week of the reporting period since at least 2012, largely due to impressive earnings from $JPMorgan Chase(JPM)$, $Citigroup(C)$ , and $Wells Fargo(WFC)$.Driven by the impressive financial data, JPMorgan Chase's stock price surged by 7.55% on the same day, marking the largest single-day gain since November 2020.1. Major Banks Released Stellar Earnings A