To The Moon

Singapore on Friday (11 Aug) have just lower 2023 GDP growth outlook to 0.5% to 1.5%, down from the 0.5% to 2.5% range expected earlier, amid a weak global economy and sluggish demand among key trade partners like China. Singapore Ministry of Trade and Industry said in a statement that Singapore's external demand outlook "remains weak" for the rest of the year. Singapore's economy has long been hailed as a robust and dynamic force in the global arena. However, there are times when even this powerhouse experiences a decline in Gross Domestic Product (GDP). During such periods, investors might feel uncertain about how to approach stock trading. Yet, history has shown that the stock market often exhibits unique dynamics during economic downturns, providing both risks and opportunities. In thi

Market highlights:International rating authority Moody's downgraded the credit rating of 10 small and medium-sized banks in the United States, Italy announced a 40% windfall tax on the banking sector, and the main US stock index fell on Tuesday (8).Markets continue to watch data and comments from Fed officials. Bank of America last week dropped its forecast of a recession in 2023, citing solid economic growth and near-record low unemployment. However, Bank of America warned that receding recession fears could eventually put high interest rates back at the top of investors' concerns.Lori Calvasina, a strategist at RBC Capital Markets, believes that as the summer draws to a close, the rally in U.S. stocks could be hampered by three major factors, including weaker corporate earnings, a poor o

Hello fellow tigers! How are you coping with the market pullback so far? [Cool] For me, I have been feeling lucky! [Great] It can feel lonely as a trader, but emotions come and go, so I focus only on my trades. [Serious] With $Tesla Motors(TSLA)$ falling over 2% pre-market, I know it’s time to strike again. Source: TradingView Trade 1 🔴 After falling over 2% pre-market, the market wants to bring back the price up a little. Seeing a bullish momentum, I bought $TSLA 20230825 232.5 CALL$(first green arrow) early in hopes for the price to break 10 min opening range. Unfortunately, the price faces a rejection and went lower till my stop-loss is hit(-7%). What mad

Wahoo! My childhood memories made it to the big screen. It is probably Nintendo's hottest IP this year.After I watched the trailer, my biggest feeling was that you can always trust the visual capabilities of the game company. ‘Super Mario Bros.’ Sets Box-Office RecordsUndoubtly, the Super Mario Movie broke box office records in its opening weekend, causing optimistic investors to bid up $AMC Entertainment(AMC)$ and $Nintendo Co., Ltd.(NTDOY)$ shares. The animated film, produced by Nintendo and Comcast’s Illumination and Universal Pictures, grossed $377 million globally over the long Easter weekend, according to Box Office Mojo. It was the biggest global debut so far this year.Shares of AMC and Nintendo Ar