To The Moon

1. MAJOR INDEXES RETURNSThe major U.S. stock indexes each fell more than 1%, breaking strings of eight consecutive weekly gains for the $NASDAQ(.IXIC)$ , five for the $S&P 500(.SPX)$ , and three for the $DJIA(.DJI)$ . Concerns about further interest-rate hikes and a slowing global economy weighed on stocks.The $Cboe Volatility Index(VIX)$ closed at 13.4 on Friday—just above its level before the start of the COVID-19 pandemic and down 33% from a recent high on May 24.As of Friday, both the$Straits Times Index(STI.SI)$ and

For the second time in as many days, Tesla (TSLA) stock received a downgrade Thursday, as analysts e

It's getting increasingly hard to say it's cheap. If I predicate my TSLA thesis solely based on valuation, TSLA is very expensive, not merely expensive. But where are the TSLA bears?Have they gone into hiding as TSLA surged?

Euphoric exuberance all around The markets have been in a very buoyant mood lately. And calm despite the macroeconomics. That just makes me more cautious. Despite overbought levels and market worries as well as bearish sentiments, the market keeps driving up. Now, sentiments have turned bullish and many are saying the markets have entered a new bull market. Really? I beg to differ. In fact, the markets have all the hallmarks of a top. 1. Narrow breadth. Only 6 or 7 megacaps lead the market. This must be one of the thinnest 'bull market' ever! 2. The equal weight broad market market index is trending down. The divergence from the normal broad market index cannot be understated. 3. The market have never bottomed so way ahead of the Fed's final rate hike. And they may not be even done yet!

The AI boom in the U.S. stock market technology sector has boosted the $NASDAQ(.IXIC)$ and $S&P 500(.SPX)$ this year.To put things into perspective: 10 stocks have contributed 90% of $S&P 500(.SPX)$ 's 13.0% gain this year, the most concentrated market ever, Bernstein says. The stocks are $Apple(AAPL)$ (up 41.45%), $Microsoft(MSFT)$ (+38.37%), $NVIDIA Corp(NVDA)$ (+170.17%), $Alphabet(GOOG)$ (+40.14%), $Amazon.com(AMZN)$ (+50.68%),

US CPI could be the deciding factor for the Fed in its upcoming interest rate announcement on Wednes

1. MAJOR INDEXES RETURNSThe $S&P 500(.SPX)$ rose for the fourth week in a row, climbing to its highest level in nearly 10 months. Each of the major U.S. indexes produced a fractional weekly gain in a mostly quiet week of trading. After closing on Thursday at 4,293.9, the $S&P 500(.SPX)$ eclipsed the level needed to exit the bear market that it had been in since January 2022. The index now has entered a bull market after rising 20% since a low on October 12, 2022U.S. small-cap stock benchmark outperformed its large-cap peers for the second week in a row, narrowing small caps’ year-to-date underperformance gap versus large caps. The $iShares Russell 2000 ET