To The Moon

On Wed, 10 May 2023 evening I was keeping virgil by my mobile phone, like everyone else. Just so that when the news of US April CPI is out, I would know “immediately”. When the news flashed across my mobile screen, I heaved a sigh of “relief”. CPI was “4.9%”, 0.01% “higher” than my personal forecast (click to read my post! and give a “LIKe” ok, tks!). It was a “memorable” moment because this is the first time in two years that US’s CPI comes in “sub 5%”. Deserves a celebration, no? Strangely enough, the market did not rally as I had hoped it would. By the time market closed: DJIA was down -30.48 (-0.09%) to 33,531.33. S&P 500 was the only index upped marginally +18.47 (+0.45%) to 4,137.64). Best performer. Nasdaq w

US stock market didn’t exprience much volatility after the release of better-than-expected CPI. There are four companies, however, popped or dipped yesterday. They are $Unity Software Inc.(U)$, $Roblox Corporation(RBLX)$, $Desktop Metal Inc.(DM)$ and $Teva Pharmaceutical(TEVA)$ .1. $Unity Software Inc.(U)$ +9.12% as it beat revenue and offered rosy guidanceUnity Software, video game software developer, popped 9% after the company released first-quarter earnings that beat analysts’ expectations for revenue and offered rosy guidance.Its revenue for the quarter was up

US stock market didn’t exprience much volatility after the release of better-than-expected CPI. There are four companies, however, popped or dipped yesterday. They are $Unity Software Inc.(U)$, $Roblox Corporation(RBLX)$, $Desktop Metal Inc.(DM)$ and $Teva Pharmaceutical(TEVA)$ .1. $Unity Software Inc.(U)$ +9.12% as it beat revenue and offered rosy guidanceUnity Software, video game software developer, popped 9% after the company released first-quarter earnings that beat analysts’ expectations for revenue and offered rosy guidance.Its revenue for the quarter was up