To The Moon

$Apple(AAPL)$Bloomberg reported on Apple’s pull-back on production increase for the iPhone 14 family products yesterday. This is due to the lacklustre demand for the standard iPhone 14 and iPhone 14 plus model. However, all these are old news which I have shared a few times before in my previous posts. Only the “production boost” is being scaled down, the 90mil handset sales target remains intact, which is similar to its predecessor iPhone 13 when it first launched. The market overreacted and sold down Apple share price.Also, another positive news that Bloomberg reported but was drowned by all the noises: the premium iPhone 14 Pro and iPhone 14 Pro max demand is very strong! The demand is even stronger than iPhone 13 Pro

Oil prices could find support soon I noticed that pump prices had fallen when I pumped petrol today. That brought a smile to my face.Pump prices have fallen for the second time in a week, with major oil retailers such as Esso lowering rates last Friday. Now, a 95-octane grade cost around $2.76 a litre, a drop of 14% from its June high this year.Although I was happy at the lower pump prices, the capital markets have been less than delighted with the lower crude oil prices.Let me explain more below: Steep Decline in Crude Oil Prices US vs OPEC+ Near-term support for oil prices Steep Decline in Crude Oil PricesCrude oil prices, represented by WTI prices, were hammered 7.1% last week to end at $78.74. This is the longest stretch of weekly losses this year.The key reasons for decline in oi

$NVIDIA Corp(NVDA)$My darling semi-conductor company is displaying massive pullback-I'm not selling yet as I believe it will turnaround in 2023.

The Fed raised the interest rate by 0.75% which was expected but the S&P 500 reversed course and closed down 2% for the day.Shouldn't the market have already priced in this rate hike?Yes, the market has priced in the current rate hike but it has not priced in the future rate hikes.There was a shift in the expected rate hikes after the last Fed meeting. So the market adjusted for the new piece of information.Markets are forward looking.This is where we look at the Fed's dot plot - a chart that records each Fed official's projection for the central bank's key short-term interest rate.In June, the median 2022 year-end projection was 3.4% while for end-2023 was 3.8%.The dot plot released yesterday showed that the expectation has risen. End-2022 projection rose to 4 - 4.5% while end-2023 sa

$UOB AP GRN REIT S$(GRN.SI)$Dropping today..

Find out more about me here (YouTube/Discord/Telegram): https://www.linktr.ee/keeleytanIf 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.I'm thinking of trying out to provide free signal services on discord. If you're interested, DM me for a role there!$NVIDIA Corp(NVDA)$ A 8.26% drop in price since my last analysis.After$NIO Inc.(NIO)$ A 7.36% drop in price since my last analysis.BeforeAfter$Sea Ltd(SE)$ A 11.22% drop in price since my last analysis.BeforeAfterHope you've taken advantage of my analysis this