To The Moon

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,154.80 points, down -1.71% in the past 5 days.During the last 5 trading days, $Polynovo(PNV.AU)$ was up 10.32%; $Technology One(TNE.AU)$ added 9.90%; $Altium(ALU.AU)$ rose 7.91%; $Nextdc(NXT.AU)$ was up 6.77%; $Wisetech Global(WTC.AU)$ increased 5.20%.1. $Polynovo(PNV.AU)$ rebounded 10.32% after the continuous declinePolyNovo is an Australian company that designs, develops, and manu

The World Economic Forum noted that global tourism rebounded strongly in 2022, with international tourist arrivals more than doubled when compared to the previous two years. As international travel continues to pick up, Singapore’s tourism sector has seen similar growth momentum. Data from the Singapore Tourism Board (STB) showed that Singapore’s visitor arrivals in April 2023 surpassed 1.1 million, the highest in a month since the pandemic, bringing the total number of visitor arrivals in 2023 to over 4 million as of 30 April. Tourism and Hospitality Stocks Benefit from Recovery Momentum With China’s reopening and the increase in international flight capacities, STB estimated that international visitor arrivals to Singapore would be in the range of 12 to 14 million in 2023, with full tou

No large hedge fund has shorted American stocks, thus driving up the stock price. However, investors' sharp reduction in holdings may have the same effect as chasing up the market.It's easy to focus on data on the biggest net-short position in S&P 500 E-mini futures in more than a decade. But as often happens in the financial sector, the truth is not always what it seems.This so-called big short is inconsistent with the positioning of NASDAQ and Dow Jones.It would be strange if speculators, that is, hedge funds, only took a short position on the S&P 500.PictureOn the contrary, these data are likely to be influenced by hedge fund index arbitrage.Index arbitrage was once the exclusive domain of banks, but it was limited by Volcker rule. This was introduced in the wake of the global f

Driven by the artificial intelligence boom and stellar earnings guidance, $NVIDIA Corp(NVDA)$ shares are hitting record highs to $390.Nvidia may become the seventh U.S. listed company to reach $1 trillion in market capitalization, after only $Apple(AAPL)$ , $Microsoft(MSFT)$ , $Alphabet(GOOG)$ , $Meta Platforms, Inc.(META)$ , $Amazon.com(AMZN)$ and $Tesla Motors(TSLA)$ ever reached that height.Can Nvidia Enter the Trillion-Dollar Market Cap Club Tonight?As of Wednesday's close, Nvidia's market