To The Moon

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,340.10 points, up 0.20% in the past 5 days.During the last 5 trading days, $BORAL LIMITED(BLD.AU)$ was up 14.29%; $AMP LIMITED(AMP.AU)$ added 13.70%; $JAMES HARDIE INDUSTRIES-CDI(JHX.AU)$ was up 13.37%; $Star Entertainment(SGR.AU)$ rose 13.30%; and $Bellevue Gold(BGL.AU)$ increased 11.49%.1. $BORAL LIMITED(BLD.AU)$+14.29%: Expects Higher Earnings in 2024 Amid Strong Demand and Price Envi

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,278.30 points, up 2.29% in the past 5 days.During the last 5 trading days, $Johns Lyng(JLG.AU)$ was up 17.46%; $TABCORP HOLDINGS LIMITED(TAH.AU)$ added 10.39%; $Eagers Automotive Ltd(APE.AU)$ was up 10.20%; $KAROON ENERGY LTD(KAR.AU)$ rose 10.18%; and $MINERAL RESOURCES LTD(MIN.AU)$ increased 10.02%.1. $Johns Lyng(JLG.AU)$ +17.46% on strong revenue and earningsJohns Lyng, insurance

My investing muse‌ The week ended with a drop in CB Consumer Confidence, JOLTs Job Openings, ADP Nonfarm employment change and an increase in unemployment from 3.5% to 3.8%. Manufacturing PMI continues to point to a contractual in domestic manufacturing in the USA. It is not all bad news as we received a breather in bigger bigger-than-expected drawdown in crude oil inventories (that implies an increase in production). The market seems sandwiched between good and not-so-good news with the market largely hopeful for a sooner Fed pivot (where interest rates should be cut). The Fed does not think like the market and needs to do its bit to balance employment and inflation with its main tool of interest rate. The jobs, unemployment and inflation data would guide them in their decisions. The lat

$NIO Inc.(NIO)$ is scheduled to announce Q2 earnings results on 29 August 2023 (Tuesday) before market open. NIO has added 395 new battery swap stations in China so far this year, and it aims to add a total of 1,000 this year. The massive rally in NIO Inc. stock is fueled by quarterly earnings. In previous earnings, the company succeeded in beating the EPS estimate which positively impacted the NIO share prices. If we look at the technical analysis, NIO is currently in a correction phase and the momentum is not there. From the deliveries and partnerships they have signed so far. NIO might face some challenges maintaining its share price. I believe the quarterly earnings will be a decisive factor whether it can stop the correction that NIO is goin

Keypoints：U.S. stocks, U.S. bonds, and gold: The Jackson Hole annual meeting revealed the divergence of global central banks and the uneven pace of the global economic cycle. U.S. bond yields soared to new highs in 2008 and parted ways with gold prices. A Paradigm shift is quietly kicking off, but the recent wave of selling in US stocks has weakened. The attractiveness of U.S. debt may decline, and gold will shine brightly. $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $Gold - main 2312(GCmain)$ $iShares 20+ Year Treasury Bond ETF(TLT)$ ASIA STOCKS: Chinese markets have long understood stamp duty cuts and their implications. T

If you find my post helpful, I’ll be grateful and appreciate it if you could leave me a like on this post, and follow me for future posts like this. $Palantir Technologies Inc.(PLTR)$ Price played out exactly as analyzed, rallied to mitigate the bearish OB, and reacted strongly to the downside. No change to my expectations, I'm expecting price to continue lower, taking out the equal lows at 13.56. $Advanced Micro Devices(AMD)$ Price played out exactly as analyzed last week too. Right now, price is trapped between the bullish and bearish OBs. For price to continue either direction, we should wait for the OB to get invalidated before we look for a confirmation on the direction it's going. I'll stay out of th