To The Moon

On the last day of July, all three major U.S. stock indices closed the month with gains.1. July marks a winning month! $DJIA(.DJI)$ recorded a 3.1% increase this month, marking the largest two-month gain since November 2022. $S&P 500(.SPX)$ also had a positive month, rising by 2.9% in July. It has now experienced five consecutive months of gains, making it the longest continuous upward trend since August 2021 and achieving the largest five-month percentage gain since June 2021. $NASDAQ(.IXIC)$ performed particularly well, with a 3.7% increase in July, marking the fifth consecutive month of gains for the index and its largest five-month percentage gain since

1. $Nikola Corporation(NKLA)$ +22.91% climbing alongside a truck orderNikola stock is experiencing a rise in value following a new truck order from $JB Hunt Transport(JBHT)$ . J.B. Hunt is purchasing 13 trucks from Nikola, which includes 10 electric trucks and three hydrogen fuel cell trucks.These trucks are expected to be delivered in August and will be utilized on key routes near Los Angeles and Phoenix. In addition to providing the trucks, Nikola will also supply hydrogen and fueling infrastructure for the vehicles.The announcement of this order has positively impacted NKLA stock, with a notable increase in trading volume. 2. $fuboTV Inc.(FUBO)$

Bullish Points: 1. Net income for the six months ended June 30, 2023: $19,996 million. 2. Total revenues and other income for the six months ended June 30, 2023: $169,478 million. 3. Net cash provided by operating activities for the six months ended June 30, 2023: $25,724 million. 4. Additions to property, plant, and equipment for the six months ended June 30, 2023: $10,771 million. 5. Natural gas prices remained above the 10-year average despite declining in the first half. 6. Denbury Acquisition announced on July 13, 2023, to accelerate Low Carbon Solutions opportunities. 7. Specialty Products: Q2 2023 earnings were $671 million, up from $417 million in Q2 2022. Bearish Points: 1. Impairment charges related to Sakhalin-1 project: $3.4 billion after-tax, $4.6 billion before-tax (first-qu

$Volkswagen AG(VWAGY)$ , an old car company, invested 700 million dollars in $XPeng Inc.(XPEV)$ , a new force of Chinese automotive industry, which triggered heated discussions in the industry and also marked that the competition between new-energy vehicles has entered a new stage.As the industry with the strongest growth potential in recent years, China's new energy vehicle market has formed a trend of "two super and multiple strong" after fierce competition.Under the leadership of $BYD Co., Ltd.(BYDDY)$ and $Tesla Motors(TSLA)$ 's "dual superpowers", traditional car companies and new car manufacturing forces have tak

US market last week’s performance was not uniform across the board (see above). DJIA: +2.10% to 35,227.69. Rallied 10 days non-stop, its longest rally since 2017. S&P 500: +0.69% to 4,536.34. Index is a mere 5.4% below its all-time peak. Nasdaq: -0.57% to 14,032.81. Strongest YTD index of the three at +35.66% gain. Apart from Dow Jones index enjoying a 10-day rally, below 2 Funds have also enjoyed 4 days of uninterrupted gains: Energy ( $Energy Select Sector SPDR Fund(XLE)$) Health Care ( $Health Care Select Sector SPDR Fund(XLV)$). I think, US market performance this week will continue to be influenced by: Q2 2023 earnings report. Official data on US economy. July 2023 interest hike. Quarterly

I believe we know that big tech like $Meta Platforms, Inc.(META)$ and Microsoft has closed down their metaverse project and lose some money. I asked myself this question, will Metaverse be back? With the A.I. now getting more and more noticed. There will be implementation of The concept of the metaverse, a virtual shared space where individuals interact, socialize, and engage in various activities, has fascinated science fiction enthusiasts for decades. However, with recent advancements in artificial intelligence (AI) technology, the metaverse is rapidly becoming a reality. AI has emerged as a pivotal force in reshaping and propelling the metaverse forward, unlocking its potential to revolutionize human interaction, education, entertainment, an

It is hard to predict when and to what extent is the coming recession. Public and private spending make up the GDP (of the economy). US government spending contributes to about 37% of the GDP and the balance is 63% from the private sector. Goods make up about 77% and services about 23% of the same GDP (mix of public & private). The fact that most of the S&P500 companies are global companies will also add to the complication of revenue and profits from across the regions. That is why some companies split the earnings into regions & countries to better account for the revenue, profits, costs & also the gains/losses from foreign exchange. Fiscal spending What the market does not see as data is how government fiscal mismanagement is clocking up expenses paid to interest on

US market last week’s performance was not uniform across the board (see above). DJIA: +2.10% to 35,227.69. Rallied 10 days non-stop, its longest rally since 2017. S&P 500: +0.69% to 4,536.34. Index is a mere 5.4% below its all-time peak. Nasdaq: -0.57% to 14,032.81. Strongest YTD index of the three at +35.66% gain. Apart from Dow Jones index enjoying a 10-day rally, below 2 Funds have also enjoyed 4 days of uninterrupted gains: Energy ( $Energy Select Sector SPDR Fund(XLE)$) Health Care ( $Health Care Select Sector SPDR Fund(XLV)$). I think, US market performance this week will continue to be influenced by: Q2 2023 earnings report. Official data on US economy. July 2023 interest hike. Quarterly

$Tesla Motors(TSLA)$ BearishShares of Tesla Inc. fell into correction territory last Friday, and their chart suggests the selloffs are likely to continue for awhile longer. ⚠️ Trading tips: Looking at puts below 254 towards 251.5, 250, 247 and calls above 257.5 on Monday. Flat price action leading to FOMC on Wednesday expected. Not pretty for TSLA bulls Tesla’s stock has been on a downward trend since last Wednesday, even after the company reported better-than-expected earnings and revenue for the second quarter and maintained its delivery guidance. Analysts highlighted the role of “other income” in boosting the results, while some expressed unease over the lack of clarity on the company’s margin trajectory. CEO Elon Musk‘s remarks hint

Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi