To The Moon

US market on Wed (22 Mar) traded directionlessly until 2:00pm when the FOMC meeting was over with the press conference by Mr Powell, hot on the heels. When the 0.25% interest hike was confirmed, market “reacted positively” initially. It was afterall the much anticipated 0.25% and not the much feared 0.5%. The “euphoria” proved to be short-lived as the press conference pressed on with Mr Powell further confirming that there would be no let down from the central bank in their fight to bring inflation down. Personally I think, it is commendable that the Fed Reserves provides a clear direction of where they are heading without being ambiguous. Doing so minimizes “speculations” of any sorts to be postulated by Wall Street to smoke-screen and “fool” the general public. Agree ? By The Time Market

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 6,955.20 points, down -0.56% in the past 5 days.During the last 5 trading days, $Evolution Mining(EVN.AU)$ $PERSEUS MINING LTD(PRU.AU)$ $NEWCREST MINING LIMITED(NCM.AU)$ $AGL ENERGY LTD(AGL.AU)$ $Imugene Ltd(IMU.AU)$ were up 14.34%, 9.91%, 8.51%, 8.44%, and 8.33% respectively.1. $Evolution Mining(EVN.AU)$ - advance progre

After three years, TikTok is once again at a crossroads: "SELL" or "BAN"?TikTok CEO Shou Zi Chew attended a public hearing for the United States House Committee on Energy and Commerce for the first time.Shou Zi Chew is the CEO of TikTok, he was born and raised in Singapore. After completing his military service — mandatory for most male Singaporeans — he left to study economics at University College London (UCL), a top British university, graduating in 2006 and working at investment bank Goldman Sachs for two years.He moved to the United States to get his master’s degree at Harvard Business School and met his wife Vivian Kao. Now, He is a husband, and father, currently residing in Singapore with his wife and two children.The most concerning questions during th

Continued heavy hiring in the face of an ad slowdown and revenue miss of more than $2 billion sends

Stocks rose on Friday as investors assessed more corporate earnings reports and the outlook for Federal Reserve rate hikes.The Dow Jones Industrial Average gained 343 points, or 1.1%. The S&P 500 rose 1%. The Nasdaq Composite was up by 0.5%.Treasury yields fell from their highs on Friday morning after areport from the Wall Street Journalthat some Fed officials are concerned about overtightening with large rate hikes. That report appeared to limit losses for stocks at the open.Earnings reports weighed on the market. Dow components American Express and Verizon fell more than 4% after their quarterly reports.In tech, social media company Snap reported a quarterly revenue of $1.13 billion, below expectations. That revenuerepresents year-over-year growth of just 6%. Average revenue per user